Type

Units

Min Area

Price Range

Other

200 sqft

S$650/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$650.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$130 on this acquisition.
Located 9 min (750 m) from EW23 Clementi MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

350 Clementi Avenue 2: HDB Living in a Well-Connected Precinct

350 Clementi Avenue 2 represents a significant opportunity within Singapore's HDB landscape, offering practical residential solutions in one of the island's most established and accessible neighbourhoods. Located in the heart of the Clementi estate, this development provides genuine proximity to Clementi MRT Station (EW23)—approximately nine minutes on foot—positioning residents within easy reach of the East-West Line's extensive network connecting to the Central Business District, Jurong industrial zones, and beyond.

The development serves a diverse demographic spectrum. First-time buyers appreciate the entry-level pricing aligned with HDB market fundamentals, whilst young professionals benefit from the straightforward commute and neighbourhood vibrancy. Investors recognise the consistent rental demand characteristic of this mature precinct, where proximity to educational institutions, commercial clusters, and established transport hubs sustains occupancy rates and yield potential. The compact unit sizes and efficient layouts appeal to individuals prioritising location and connectivity over sprawling square footage.

Location Advantages and Connectivity

Clementi's positioning as a secondary business district has strengthened considerably over the past decade. The area houses major commercial operations, educational facilities, and mixed-use developments that generate sustained foot traffic and economic activity. Residents of 350 Clementi Avenue 2 benefit directly from this ecosystem: the MRT station accessibility means minimal reliance on private transport for daily commuting, reducing household transport expenditure and aligning with Singapore's long-term sustainability objectives.

The nine-minute walk to EW23 is manageable for most able-bodied residents and represents a meaningful advantage over developments further afield. For investors evaluating tenant appeal, this proximity often translates to stronger rental demand—young professionals relocating to the area for work, university students, and expatriates frequently prioritise MRT accessibility as a primary selection criterion. The neighbourhood's maturity also means established childcare facilities, medical clinics, wet markets, and shopping amenities are embedded within the estate, reducing the friction of daily living.

Market Dynamics and Rental Yield Considerations

HDB units in central-ring locations such as Clementi typically demonstrate resilient rental performance. The combination of affordability, location efficiency, and established demand drivers creates a supportive environment for investor returns. Units at 350 Clementi Avenue 2 attract renters across multiple segments—professionals seeking affordable, well-connected homes; students attending nearby institutions; and downsizers looking to reduce property size whilst maintaining accessibility.

Rental yields in this precinct have historically trended above peripheral HDB markets, reflecting the premium positioning and transport connectivity. Whilst actual returns depend on individual unit specifications, acquisition price, and market timing, investors should model conservative yield assumptions of 3–4% gross rental return based on comparable transactions in Clementi over recent quarters. This baseline reflects realistic market rents for compact HDB units and accounts for void periods, maintenance reserves, and management overheads typical of HDB investment portfolios.

Pricing and Valuation Context

HDB transaction activity in Clementi has historically maintained stability, with price-per-square-foot metrics anchored by the broader estate's demographic profile and economic fundamentals. Recent sales in the immediate precinct suggest valuations ranging across a spectrum reflecting unit size, floor level, age, and renovation status. Prospective buyers evaluating 350 Clementi Avenue 2 should review recent arm's-length transactions in comparable HDB blocks within the Clementi estate to establish a baseline price expectation, factoring in any specific unit characteristics that command premiums or discounts.

The development's competitive positioning relative to nearby HDB stock depends on several variables: architectural condition, maintenance standards, lift access arrangements, and unit layouts. Buyers and investors should conduct comparative analysis across Clementi's wider HDB portfolio to validate pricing assumptions and ensure that acquisition economics align with intended use, whether owner-occupation or rental investment.

Ownership Structure and Lease Tenure

As HDB units, properties at 350 Clementi Avenue 2 operate under Singapore's public housing framework with specific tenure and resale protocols. Understanding the lease remaining on any unit under consideration is essential for long-term planning. HDB leases typically span 99 years from the date of construction; as remaining tenure contracts, resale demand and valuation can face headwinds. Buyers should verify the exact lease commencement date for units of interest and model potential lease decay impacts on future resale value, particularly relevant for investors with extended hold horizons.

The 99-year lease structure means that properties purchased today will approach significantly reduced tenure within four to five decades, a factor that sophisticated investors incorporate into their long-term capital planning. Buyers primarily seeking owner-occupation may weight this less heavily; investors should factor it substantively into internal return calculations and portfolio review cycles.

Financing and Buyer Eligibility

HDB properties are subject to HDB's own eligibility and financing criteria, which differ from private residential mortgages. Singapore Citizens and Permanent Residents have access to HDB mortgage schemes with favourable terms and lower interest rates than bank financing. First-time HDB buyers benefit from HDB's Enhanced Housing Grants (EHG) in certain circumstances, potentially reducing effective acquisition costs materially.

For second-property HDB purchases by Singapore Citizens, Additional Buyer's Stamp Duty (ABSD) at 20% applies on the purchase price, a material consideration in investment scenarios. This duty should be incorporated into total acquisition cost calculations and return-on-investment models. Buyers and their advisers should confirm eligibility, applicable grants, and ABSD implications with HDB and professional conveyancers before committing to an acquisition.

Neighbourhood Amenities and Lifestyle

Clementi estate functions as a self-contained community with comprehensive infrastructure. Educational facilities ranging from early-childhood centres to tertiary institutions are dispersed throughout the precinct; recreational spaces including parks and sports facilities provide lifestyle amenities; healthcare services, including polyclinics and private practices, are accessible; and retail precincts offer dining, shopping, and services spanning budget to mid-range operators.

This maturity means residents of 350 Clementi Avenue 2 experience minimal dislocation from daily-life essentials. The neighbourhood's stability also tends to attract families and long-term residents, fostering community cohesion and reducing transient-tenant dynamics that can complicate owner-occupier experiences in younger developments.

Investment Profile and Buyer Suitability

Different buyer profiles may evaluate 350 Clementi Avenue 2 through distinct lenses. First-time HDB buyers view it as an entry point into property ownership, leveraging Enhanced Housing Grants and favourable HDB financing to transition from rental status. Upgraders moving from smaller or more remote HDB units appreciate the location efficiency and established amenities without stretching budgets to private-sector price points. Investors regard it as a yield-generating asset benefiting from consistent rental demand and stable capital preservation. International expatriates with Singapore-linked income may find it a pragmatic interim housing solution offering affordability and connectivity.

The compact unit format appeals most to professionals without dependent children, empty nesters, and portfolio investors optimising per-unit acquisition cost. Families seeking larger configurations may find the space constraints limiting; such buyers typically progress to larger HDB models or private housing stock.

Future District Dynamics and Capital Appreciation

Clementi's trajectory as a secondary business hub has shown consistent reinforcement through infrastructure investment, commercial development, and public-sector initiatives. The district's role within Singapore's broader economic geography—bridging CBD operations, Jurong industrial zones, and residential clusters—suggests sustained long-term demand for residential accommodation. However, HDB price appreciation in established estates tends to moderate over cycles, as supply normalization and lease tenure effects temper capital gains relative to younger, greenfield developments.

Buyers should maintain realistic expectations: Clementi HDB units typically appreciate broadly in line with inflation and marginal structural demand improvements, rather than outsizing asset-class returns. The primary value proposition centres on location utility, affordability, and rental yield rather than speculative capital appreciation.

Frequently Asked Questions

What rental yield can I realistically expect from an investment unit at 350 Clementi Avenue 2?

Comparable HDB units in Clementi have historically delivered gross rental yields between 3% and 4%, depending on unit configuration, floor level, and prevailing market rents. This range reflects the stable rental demand characteristic of the precinct, driven by proximity to the MRT, educational institutions, and employment clusters, but accounts for void periods and maintenance reserves typical of HDB investment. Actual yield will depend on your specific acquisition price relative to achievable monthly rent; tighter acquisitions and strong rental demand can push returns toward the higher end of this band, whilst softer market conditions or premium purchase prices may compress yields. Investors should model both gross and net yields (factoring in property tax, maintenance fund contributions, and management costs) to establish realistic return expectations.

How does the price per square foot at 350 Clementi Avenue 2 compare to recent HDB transactions in Clementi?

HDB price-per-square-foot metrics in Clementi have historically trended within the mid-range of Singapore's public housing market, reflecting the estate's maturity, transport connectivity, and established amenities. Recent arm's-length transactions in comparable Clementi HDB blocks typically show price-per-square-foot ranging across a spectrum influenced by unit size, floor level, and renovation status; compact units and lower-floor units typically command lower per-square-foot prices than premium layouts or higher floors. Buyers evaluating 350 Clementi Avenue 2 should review HDB Resale Price Index data and recent agent transaction records for nearby blocks to benchmark whether advertised pricing aligns with current market conditions. Significant divergence—either materially above or below recent comparable transactions—warrants investigation into underlying unit-specific factors.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase a second HDB property at this development?

Singapore Citizens purchasing a second residential property, including a second HDB unit, incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. For a unit purchased at, for example, S$350,000, ABSD would add S$70,000 to total acquisition costs—a material expense that significantly impacts investment returns and financing requirements. This duty is payable upon completion of the transaction and must be factored into your mortgage serviceability calculations and total project funding. Permanent Residents face higher ABSD rates (typically 25%), whilst first-time HDB buyer Singapore Citizens are exempt from ABSD for their first purchase. You should confirm your eligibility and ABSD liability with HDB and a professional conveyancer before committing to a transaction.

How does remaining lease tenure affect resale value and long-term ownership at 350 Clementi Avenue 2?

HDB leases are typically granted for 99 years; as tenure remaining contracts, market demand and resale valuations can face headwinds in the final decades of the lease. Most 350 Clementi Avenue 2 units will have substantial lease remaining; however, if this development comprises older HDB stock, some units may be approaching the 60–70 year tenure threshold at which buyer interest and financing accessibility begin to tighten. Buyers should verify the exact lease commencement date and remaining tenure for any specific unit before purchase and model the impact of lease decay on long-term capital preservation. For investors with 20+ year holding horizons, lease tenure becomes increasingly material to portfolio planning; owner-occupiers with shorter-term horizons may weigh this less heavily. Any unit with significantly eroded lease (below 60 years) should be priced with a material discount to reflect reduced market appeal.

How does the 9-minute walk to Clementi MRT Station (EW23) influence demand and capital appreciation prospects?

Clementi MRT Station's East-West Line connectivity provides direct access to the Central Business District, Jurong industrial zones, and eastern transit nodes—a significant advantage for commuting professionals and supporting consistent rental demand from transport-sensitive demographics. This proximity typically sustains above-average demand for HDB units in the precinct relative to more remote estates, which translates to more predictable rental occupancy rates and steadier capital value preservation. The MRT accessibility also appeals to first-time buyers and upgraders seeking to minimise transport expenditure and commute friction. However, capital appreciation in established MRT-proximate HDB precincts tends to be modest, as transport premiums are already embedded in current valuations; most price movement reflects inflation and marginal demographic shifts rather than explosive capital gains. The true value proposition centres on location utility and rental yield rather than speculation on MRT-driven appreciation.

Which buyer profiles are best suited to purchasing at 350 Clementi Avenue 2?

First-time HDB buyers benefit from the affordable entry price point, proximity to HDB financing and enhanced grants, and established neighbourhood amenities that reduce moving friction. Young professionals commuting to CBD or Jurong business hubs find the MRT accessibility and compact unit formats align with lifestyle priorities and budget constraints. Investors recognise consistent rental demand from the educational and professional demographics concentrated in Clementi, supporting yield-generating returns. Empty nesters and downsizers appreciate the space efficiency and neighbourhood maturity without the premium pricing of private stock. Conversely, families with multiple dependent children seeking larger floor plates may find compact HDB units constraining and should evaluate larger HDB models or private housing alternatives. Expatriates with short-term Singapore-linked employment may find this development practical for interim occupation, leveraging the affordability and established transport infrastructure.

What Total Debt Servicing Ratio (TDSR) and financing headroom should I model for a purchase at 350 Clementi Avenue 2?

HDB mortgage financing is subject to TDSR limits (typically 60% for owner-occupiers and 50% for investors under current HDB policy), and individual bank lending criteria layer additional restrictions. For a unit acquired at typical Clementi pricing, HDB's concessional interest rates and flexible repayment terms often enable higher leverage than private property financing, allowing buyers to maximise housing affordability. You should model total monthly servicing obligations—including the HDB mortgage, property tax, town council maintenance, and any agent management fees—against your stable gross monthly income to ensure comfortable TDSR headroom and avoid over-leverage. First-time buyer schemes may include interest subsidy components that reduce effective borrowing costs. Prospective buyers should obtain pre-approval from HDB and their chosen financial institution to establish exact financing capacity and payment affordability before identifying specific units.

How does 350 Clementi Avenue 2 compare to competing HDB developments in the wider Clementi precinct?

Clementi estate comprises multiple HDB blocks spanning various construction periods and unit configurations; comparative analysis should focus on blocks with similar age, size category, and floor-level accessibility to establish fair valuation benchmarks. Neighbouring blocks in the immediate precinct may offer marginally different pricing reflective of subtle architectural or location factors (e.g., lift access arrangements, proximity to retail nodes, or views over green spaces), but fundamental demand drivers—MRT accessibility, rental demand, and amenity clustering—are broadly consistent across the estate. Buyers should review recent transactions in competing Clementi HDB blocks to understand the current price range for comparable units and validate that 350 Clementi Avenue 2 pricing aligns with market conditions. Significant pricing disparities between comparable blocks warrant investigation into underlying unit-specific or building-specific factors that may justify the premium or discount.

Which unit stacks, floor levels, or orientations offer the best value proposition at 350 Clementi Avenue 2?

Lower-floor HDB units (1st to 3rd storeys) typically command price-per-square-foot discounts relative to mid-to-upper floors, reflecting buyer preferences for height, natural light, and privacy; if these considerations are not priorities for your use case, lower floors represent better value per square metre. Corner units and those with favorable cardinal orientations (typically north-facing to minimise afternoon heat) may carry modest premiums justified by improved ventilation and light; cost-conscious buyers may accept sub-optimal orientations to reduce acquisition expense. Mid-stack units (4th–10th floors) often represent a pragmatic middle ground, offering reasonable daylighting and privacy without the premium typically attached to high-floor units. Investors optimising yield-per-dollar-invested should focus on price-advantaged units (lower floor, standard orientation) that still meet tenant expectations for habitability; the rental premium for premium floor levels rarely justifies the acquisition price differential. Visit comparable units at 350 Clementi Avenue 2 during peak sunlight hours to assess natural light and ventilation before finalising decisions.

What future supply pipeline exists in the broader Clementi/West Coast district that might influence long-term pricing dynamics?

Clementi and the adjacent West Coast region are largely built-out mature estates with limited greenfield HDB development headroom; most future supply will comprise redevelopment or remodelling of existing stock rather than new precinct expansion. This supply constancy typically supports steady demand and pricing for established HDB units like those at 350 Clementi Avenue 2, as the limited new housing pipeline means fewer alternative options for buyers and renters seeking MRT-proximate HDB in this precinct. Conversely, broader Singapore supply dynamics—including future HDB launches in emerging precincts like Punggol Coast or Tengah—may eventually distribute demand across newer developments, potentially moderating capital appreciation in established estates. Buyers should view 350 Clementi Avenue 2 as a stable, mature holding with limited explosive appreciation upside but meaningful downside protection from supply scarcity; rental yield and lifestyle utility are the primary value drivers rather than speculative capital gains.

Hdb Flat At 350 Clementi Avenue 2 — From S$650