Type

Units

Min Area

Price Range

3 BR

1582 sqft

S$1.2M

4 BR

1604 sqft

S$1.2M – S$1.2M

Property Highlights

HDB development with 5 units currently available.
Prices currently range from S$1.2M to S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$230K on this acquisition.

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.

115 Clementi Street: A Landmark HDB Development in Singapore's Established West

115 Clementi Street represents a significant residential offering within Singapore's mature Clementi precinct, a district recognised for its established infrastructure, mature landscaping, and robust community facilities. This HDB development brings together multiple units across varying floor levels, each carefully designed to accommodate the needs of contemporary Singapore families and property investors seeking reliable long-term holdings in a well-established neighbourhood.

The development comprises spacious flats featuring up to three bedrooms and three bathrooms, with individual units spanning approximately 1,582 square feet. This generous floor plate allows residents to enjoy distinct living zones, including comfortable bedrooms with en-suite facilities, a well-proportioned living and dining area, and a functional kitchen layout that reflects modern HDB design standards. The scale of these units makes them particularly appealing to families requiring substantial accommodation without the premium pricing typically associated with new launch or luxury developments in premium districts.

Location and District Positioning

Clementi has evolved into one of Singapore's most desirable residential zones, characterised by tree-lined avenues, established shopping precincts, and a strong sense of community identity. The neighbourhood benefits from proximity to multiple retail and dining options, including the Clementi Mall complex and numerous local eateries that serve both residents and workers in the surrounding commercial zones. Educational institutions are well-represented throughout the district, with several primary and secondary schools within walking or short driving distance, making the area particularly attractive to families with children at various schooling stages.

The catchment area surrounding 115 Clementi Street also enjoys excellent access to recreational facilities. Residents can access parks, community centres, and sports facilities that are integral to the neighbourhood's lifestyle appeal. The maturity of the district means that essential services—healthcare, banking, utilities—are comprehensively established and easily accessible, reducing the friction that new residents often face when relocating to developing estates.

Unit Configuration and Living Space

Each unit at 115 Clementi Street is configured to maximise usable living space whilst maintaining efficient, practical floor plans. The three-bedroom, three-bathroom layout provides flexibility for multi-generational living arrangements, home office setups, or guest accommodation—increasingly important considerations for modern Singapore households. Bathroom distribution across the unit ensures convenience for families, particularly during morning routines when multiple residents prepare for work or school simultaneously. The approximately 1,582 square feet of space translates to a per-square-foot metric that compares favourably against contemporary HDB offerings in similar districts.

Kitchen design in these units follows modern HDB specifications, with adequate counter space and storage for households that prefer to cook at home. The separation of the kitchen from the main living area allows for greater flexibility in household activities, whilst good cross-ventilation design typical of HDB standards ensures natural air circulation throughout the flat.

HDB Ownership Structure and Tenure Security

As an HDB development, 115 Clementi Street offers buyers the security of long-term HDB ownership, one of Singapore's most stable property investment avenues. The HDB ownership model has demonstrated consistent performance over decades, with strong underlying demand from both owner-occupiers and investors seeking reliable, liquid residential assets. The maturity of the Clementi estate and the quality of HDB housing stock in this district mean that resale demand remains robust across economic cycles.

Unlike private condominium properties subject to lease decay concerns, HDB flats benefit from a more straightforward ownership and financing structure. Banks readily finance HDB purchases, and the secondary market for HDB properties in established districts like Clementi remains highly active, providing owners with strong exit optionality should circumstances change.

Investment and Ownership Considerations

Buyers evaluating 115 Clementi Street should note that HDB flats qualify for HDB financing schemes, allowing purchasers to leverage Central Provident Fund (CPF) contributions towards acquisition. This significantly improves accessibility compared to private property purchases, where financing typically requires a substantially larger cash component. The combination of CPF usage and mortgage financing from HDB-approved lenders makes these units particularly attractive to first-time upgraders transitioning from smaller flats or younger families building their property portfolio.

For investors considering this development, HDB rental yield potential in Clementi is competitive relative to other mature estates. The district's established reputation and comprehensive amenities support consistent rental demand from both expatriates and local tenants seeking accommodation in an established, accessible neighbourhood. The rental market for three-bedroom HDB flats in Clementi tends to attract professional households and families who prioritise neighbourhood stability and accessibility to transport and schools.

Market Context and Competitive Positioning

115 Clementi Street enters a market where Clementi remains one of Singapore's most sought-after HDB districts, consistently attracting both owner-occupier and investor interest. The district's combination of established amenities, mature neighbourhood character, and accessibility creates a compelling value proposition relative to newer, more remote HDB precincts still developing their infrastructure. Units across this development offer pricing that reflects the district's market positioning—neither the premium commanded by ultra-central locations nor the discounting typical of fringe estates, but rather fair value for buyers prioritising location stability and amenity maturity.

Prospective buyers should contextualise this development within Clementi's recent transaction patterns, where similar configurations have demonstrated consistent capital appreciation over medium-term holding periods. The district's long track record of price stability and rental demand provides reasonable confidence that acquisitions at 115 Clementi Street should maintain value and generate returns in line with broader HDB market movements.

Accessibility and Future Planning

The Clementi district benefits from well-established transport connections and proximity to major employment nodes throughout the island. The maturity of local infrastructure, combined with HDB's ongoing commitment to maintaining and enhancing estate amenities, suggests that the neighbourhood will remain attractive to both current and future generations of homebuyers. Government initiatives around housing policy and estate refreshment programmes further underpin confidence in the long-term value of HDB assets in established districts like Clementi.

115 Clementi Street ultimately represents a substantial, well-configured residential offering in one of Singapore's most proven and established neighbourhoods, suitable for families seeking space, investors requiring stable long-term holdings, and upgraders valuing location certainty and neighbourhood maturity over novelty.

Frequently Asked Questions

What is the estimated rental yield for a three-bedroom HDB flat at 115 Clementi Street if purchased as an investment property?

HDB flats in Clementi typically generate annual rental yields ranging from 2.5% to 3.5%, depending on unit configuration, floor level, and market conditions at time of acquisition. A three-bedroom unit at 115 Clementi Street, given the neighbourhood's mature amenities and strong tenant demand from professionals and families, would likely command monthly rents between S$2,800 and S$3,500, translating to gross yields in the lower-to-mid 3% range on acquisition prices typical for this development. The rental market for three-bedroom HDB flats in Clementi remains consistent throughout economic cycles, as the district attracts both local tenants upgrading within the HDB system and expatriate families seeking stable, established neighbourhoods. Investors should factor in HDB management fees, property tax, and maintenance costs when calculating net yield, which would reduce the gross yield by approximately 0.5% to 0.8% annually.

How does the per-square-foot pricing at 115 Clementi Street compare to recent HDB transactions in Clementi?

Recent three-bedroom HDB transactions in Clementi have traded at per-square-foot prices ranging from approximately S$750 to S$850, depending on floor level, orientation, and remaining lease duration. Units at 115 Clementi Street, spanning approximately 1,582 square feet, would sit within this range relative to comparable sales in the district, positioning the development competitively against both recent resale transactions and newer HDB projects in surrounding areas. The pricing reflects Clementi's established market position—above fringe estates where land use is still being optimised, but below central or particularly well-connected locations such as Tanjong Pagar or Tiong Bahru. Buyers should review transaction records from the past 12 months to benchmark whether specific units at 115 Clementi Street represent fair value relative to similar floor levels and orientations sold recently in the same estate or adjacent blocks.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a second-property purchase at 115 Clementi Street?

Singapore Citizens purchasing a second residential property, whether an HDB flat or private property, are subject to Additional Buyer's Stamp Duty at a rate of 20% calculated on the purchase price. For a three-bedroom unit at 115 Clementi Street, this means a buyer acquiring a second residential property would pay ABSD of 20% on top of the base Buyer's Stamp Duty and other acquisition costs, significantly increasing total stamp duty liability compared to a first-time purchase. If the property trades at S$1.2 million, the ABSD alone would amount to S$240,000, a material cost that substantially impacts the overall investment outlay and should be factored into financing and cash reserve planning. Second-time property buyers should model ABSD alongside CPF withdrawal limits and mortgage financing to ensure adequate liquidity for both the purchase and holding costs; many investors structure acquisitions to optimise CPF utilisation given the fixed ABSD liability regardless of financing method.

Given HDB ownership structure, what lease decay risks should buyers consider when purchasing at 115 Clementi Street?

Unlike private leasehold properties where remaining lease duration becomes increasingly critical as the lease approaches expiration, HDB flats operate under a different legal framework that does not create the same lease decay mechanics that characterise private condominiums or landed properties. HDB flats are generally considered to have indefinite usable life from a financing and resale perspective, as the HDB retains ownership of the underlying land and flats are sold as long-term occupancy rights rather than diminishing leaseholds. This structural difference means that a three-bedroom unit at 115 Clementi Street does not face the same valuation pressure that a private property experiences as its lease approaches the 30-year or 10-year remaining lease thresholds, providing owners with substantially greater confidence in long-term value retention. However, buyers should remain aware that HDB policy around lease renewal, housing upgrades, or potential estate-wide interventions could theoretically affect future ownership rights, though historical precedent suggests HDB has been supportive of owner-occupier interests in established estates like Clementi.

How does proximity to major MRT stations and transport infrastructure affect demand and capital appreciation for 115 Clementi Street?

Whilst 115 Clementi Street is located in the Clementi district, the specific MRT connectivity will depend on the exact street location and walkability to the nearest stations; many parts of Clementi benefit from access to multiple transport nodes that enhance accessibility and support consistent tenant demand. Properties with walkable access to MRT stations (typically defined as within 400-600 metres) command rental premiums of 5% to 10% compared to locations requiring a bus or longer walk, a meaningful differential that compounds over multi-year holding periods. The maturity of Clementi's transport infrastructure—including bus routes, estate circulation, and established connections to regional employment nodes—underpins steady capital appreciation and rental demand, as buyers and tenants value the time savings and flexibility that comprehensive transport access provides. Historical data for HDB flats in transport-accessible Clementi locations shows price growth in line with or slightly above island-wide HDB averages, reflecting the district's consistent appeal to both owner-occupiers and investors who prioritise reduced commute times and transport optionality.

Which buyer profiles—HNW individuals, upgraders, first-time buyers, or investors—are best suited to 115 Clementi Street?

115 Clementi Street appeals most strongly to upgraders transitioning from smaller two-bedroom HDB flats to more spacious three-bedroom configurations, as the development offers room to accommodate growing families within the HDB system at competitive pricing relative to private properties in similar locations. First-time buyers with sufficient CPF savings and mortgage capacity would find these units highly accessible, particularly given HDB's flexible financing schemes and strong institutional support for first-time HDB purchases; the large floor plate (1,582 sqft) provides excellent value per square foot compared to smaller starter units. Professional investors seeking stable, income-generating assets with consistent tenant demand would view 115 Clementi Street favourably, given Clementi's proven track record and the rental market's demand for three-bedroom family-sized configurations; the development's location in an established district reduces the execution risk typically associated with speculative purchases in emerging precincts. High-net-worth individuals might view units as a secondary residence for staff or family members, or as part of a diversified property portfolio, though the HDB system is not typically targeted at ultra-wealthy buyers seeking trophy assets.

What are the TDSR and mortgage financing headroom considerations for buyers at typical price points for 115 Clementi Street?

The Total Debt Service Ratio (TDSR) framework limits the monthly debt servicing for any borrower to 55% of gross monthly income, a critical constraint for mortgage financing at 115 Clementi Street. For a unit trading at approximately S$1.2 million with a 90% HDB loan (S$1.08 million), monthly mortgage repayments would amount to roughly S$5,400 to S$6,000 depending on tenure and prevailing interest rates, implying a required gross monthly income of approximately S$9,800 to S$10,900 to satisfy TDSR limits without other debt obligations. Buyers with existing car loans, personal loans, or credit card debt would face further constraints, as these obligations reduce available financing headroom for the property purchase itself. First-time HDB buyers often benefit from more flexible lending criteria and higher LTV ratios (up to 90% vs. 80% for subsequent purchases), meaning the effective monthly payment burden for upgraders moving from smaller to larger HDB configurations may be manageable despite the absolute price increase. Prudent buyers should stress-test affordability against interest rate increases of 1–2 percentage points to ensure adequate headroom if rates rise during the loan tenure.

How does 115 Clementi Street compare to nearby competing HDB developments in terms of unit configuration, pricing, and market position?

Clementi's HDB stock spans multiple decades of development, with earlier blocks typically featuring smaller configurations (two-bedroom units averaging 1,100–1,200 sqft) and more recently completed or upgraded blocks offering larger three-bedroom configurations comparable to 115 Clementi Street. Recent comparable transactions in adjacent Clementi blocks indicate that three-bedroom units at similar floor levels and orientations have traded within a narrow range, suggesting relatively efficient pricing across the estate and reducing the risk of significant overpayment at 115 Clementi Street relative to immediate alternatives. Buyers evaluating this development should benchmark against both older Clementi blocks (where pricing may be lower but unit sizes smaller and amenities more basic) and against newer HDB projects in emerging precincts such as Punggol or Woodlands, where pricing may be discounted relative to Clementi but where neighbourhood maturity and established amenities are less developed. The development's position as a mid-market offering in an established estate positions it favourably for upgraders and investors seeking proven appreciation patterns and strong rental demand, rather than speculative buyers betting on emerging neighbourhood transformation.

Which unit stacks or floor levels at 115 Clementi Street typically offer the best value relative to pricing and desirability?

HDB pricing typically increases with floor level, as higher floors command premiums for increased natural light, reduced noise from street level, and greater sense of privacy—premiums that can range from 3% to 8% between low floors (1–5) and mid-to-high floors (10+). Mid-level units (floors 6–9) often represent the optimal value point, as they command meaningful premiums over low-floor units yet avoid the steeper pricing gradients of high floors, which also face practical constraints around elevator wait times and may be less desirable for elderly residents. Units facing east or north typically appreciate at slightly higher rates than south or west-facing orientations, as morning light is often preferred and afternoon heat exposure is minimised; however, pricing differentials may not fully reflect these preferences, creating potential value opportunities in thoughtfully-selected west or south-facing mid-floor units. Investors should give particular weight to mid-floor, east-facing configurations, as these tend to attract the broadest tenant base (families and professionals without strong sun-exposure preferences) and maintain strong rental demand throughout economic cycles, underpinning steady yield generation and capital preservation.

What is the future supply pipeline for HDB developments in the Clementi or West Region, and how might this affect long-term value at 115 Clementi Street?

The HDB development pipeline for Clementi and the broader West Region reflects the Housing and Development Board's commitment to refresh and upgrade existing estates whilst selectively developing remaining sites within mature precincts; however, new greenfield development in inner West locations is increasingly constrained by land scarcity and planning priorities that favour denser development in outer precincts. Recent HDB emphasis has shifted towards estate rejuvenation programmes (SERS and housing upgrades) in established districts rather than wholesale new development, meaning that major new supply competing directly with Clementi is unlikely to materialise in the near term. Newer HDB projects in the West Region are concentrated in outer locations such as Tengah or peripheral Clementi/Jurong areas, which face longer commutes and less-mature neighbourhood characteristics, thus representing less direct competition to well-positioned units within established Clementi. This supply constraint, combined with Clementi's demographic appeal (families, upgraders, and professionals valuing neighbourhood stability), suggests that long-term demand pressure should remain supportive of capital appreciation and rental demand, potentially favouring early acquisitions at 115 Clementi Street before market sentiment recognises the estate's supply inelasticity.

115 Clementi Street 13 — From S$1.2M