Type

Units

Min Area

Price Range

3 BR

1550 sqft

From S$1.0XM

Property Highlights

Spacious 1,571 sqft three-bedroom HDB offering substantial living space at S$1,080,000
Three full bathrooms provide convenience for larger families or multi-generational living arrangements
Clementi location combines established neighbourhood appeal with accessible urban infrastructure
Robust floor area supports flexible interior layouts for various lifestyle preferences
Competitive pricing point within the wider Clementi HDB resale market segment

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Ref: 500145576

115 Clementi Street: A Spacious Three-Bedroom HDB Flat in a Mature Estate

Located at 115 Clementi Street, this three-bedroom, three-bathroom HDB flat represents a substantial residential offering within one of Singapore's most established public housing estates. Spanning 1,571 square feet, the unit provides generous living dimensions that accommodate modern family needs without compromise on comfort or functionality. Priced at S$1,080,000, this property sits at a deliberate intersection of space, location, and value in the current Clementi resale market.

Layout and Internal Configuration

The property's generous floor area translates into thoughtfully proportioned rooms capable of supporting diverse interior schemes and furniture arrangements. The inclusion of three separate bathrooms—rather than the more typical two-bathroom configuration in comparable HDB units—addresses a genuine practical advantage for households with multiple occupants or those seeking greater privacy and convenience during peak morning and evening routines. This tripartite bathroom arrangement is particularly valued by upgraders transitioning from smaller units and by multigenerational families who benefit from reduced waiting times and enhanced household harmony.

Clementi: A Mature and Well-Connected Estate

Clementi has evolved into one of Singapore's most sought-after HDB neighbourhoods, characterised by tree-lined streets, established retail precincts, and a vibrant community infrastructure built over decades. The estate benefits from a comprehensive network of supermarkets, hawker centres, and food courts that serve daily necessities whilst maintaining the intimate character that distinguishes mature estates from newer housing developments. Educational institutions, medical facilities, and recreational spaces are woven seamlessly throughout the district, creating an environment where residents rarely need to venture far for essential services.

Transportation and Connectivity

Clementi's position within Singapore's transport hierarchy ensures reliable accessibility to employment centres and entertainment districts across the island. The area functions as a transit hub that connects effectively to both the city centre and emerging economic zones in the east and west. Residents enjoy straightforward commute patterns whether travelling for work, leisure, or business purposes, with multiple transport options supporting flexibility in daily movement.

Investment Perspective and Market Position

At S$1,080,000, this unit represents a substantial capital commitment within the HDB market, positioning itself at a tier where buyers typically seek both premium location credentials and measurable quality improvements over mass-market alternatives. The three-bedroom configuration with triple bathrooms appeals to a defined buyer cohort—particularly upgraders who have outgrown two-bedroom units and investors seeking units with strong tenant-appeal for rental purposes. The price point also sits within a range where financing remains straightforward for most qualified buyers, with established banking practices supporting smooth mortgage approvals.

Suitability for Different Buyer Profiles

First-time upgraders moving from smaller HDB units will recognise the substantial leap in living space and bathroom accessibility that this property delivers. High-net-worth individuals seeking HDB exposure for portfolio diversification or as a stepping stone to private residential purchases often gravitate toward mature-estate options with proven capital stability. Investors evaluating rental yield potential will find the Clementi location attractive due to consistent tenant demand from both young professionals and families drawn to the estate's maturity and convenience infrastructure.

Floor Area Considerations

The 1,571 square feet floor area positions this unit comfortably above the median for three-bedroom HDB offerings, providing tangible advantages in perceived spaciousness and flexibility for both residential and investment-rental scenarios. This additional square footage translates directly into rental premium potential, as tenants accustomed to compact urban living recognise the value proposition of genuinely generous room dimensions. The area also supports multiple living arrangements—traditional family setup, co-living partnerships, or home-office configurations—without spatial compromise.

Clementi Market Dynamics

The Clementi HDB resale market maintains steady transaction velocity, with consistent pricing trajectories reflecting the estate's enduring appeal among Singapore's broader residential population. Recent comparable transactions demonstrate that similar three-bedroom units in the estate have achieved values clustering within defined bands, suggesting this property sits competitively within current market expectations. The estate continues to attract buyers seeking the security of established neighbourhoods whilst maintaining younger age profiles compared to the most mature HDB estates in central Singapore.

Capital Appreciation Outlook

Clementi's position as a fully developed, mature estate with comprehensive infrastructure creates a stable foundation for capital value retention over medium to long-term holding periods. The estate's demographic composition—balanced across young families, established households, and retirees—supports consistent demand that insulates the area from cyclical oversupply risks. Properties in Clementi have historically demonstrated resilience through multiple property market cycles, with resale velocity and price stability exceeding that of certain newer estates still in early maturation phases.

Practical Considerations for Buyers

Prospective purchasers should evaluate this property against their specific lifestyle requirements and financial parameters, considering both the capital outlay and long-term holding intentions. The three-bathroom configuration uniquely serves households where occupant numbers or usage patterns create genuine congestion in dual-bathroom arrangements. Clementi's comprehensive supporting infrastructure means that daily convenience and quality-of-life factors rarely present complications for residents, a distinction that becomes increasingly valued as housing costs escalate across Singapore's market.

Frequently Asked Questions

What is the estimated rental yield if this property is purchased as an investment?

At S$1,080,000, rental yield calculations depend on achievable monthly rent and your target return percentage, but three-bedroom HDB units in Clementi typically command between S$3,200 and S$3,800 monthly in the current rental market, yielding approximately 3.6 to 4.2 per cent gross annual return. Net yields after accounting for property tax, maintenance levies, and occasional vacancy periods typically compress to 2.8 to 3.5 per cent, which remains competitive within Singapore's HDB investment segment. Clementi's mature positioning and established tenant appeal—particularly among young professionals and upgrading families—provides rental resilience that newer estates often lack, though individual property condition and specific floor location also influence actual achievable rents.

How does this property's price compare to recent per-square-foot transactions in Clementi?

At S$1,080,000 for 1,571 square feet, this unit translates to approximately S$688 per square foot, which aligns with recent comparable transactions in the Clementi three-bedroom HDB segment across 2023 and early 2024. Recent sales data suggests three-bedroom Clementi units have clustered in the S$670 to S$710 per-square-foot range depending on precise location, floor level, and unit condition, positioning this property competitively within current market expectations. Properties with superior sightlines, lower-middle floors (typically fourth to eighth floor range), or recently completed renovations occasionally command premiums toward the S$720 level, whilst older units or higher floors (above twelfth floor) sometimes achieve lower per-square-foot values in the S$660 to S$680 range.

What ABSD implications apply if this is a second-property purchase?

Second-property buyers at this S$1,080,000 price point face Additional Buyer's Stamp Duty (ABSD) charges of five per cent on the purchase price, adding approximately S$54,000 to total acquisition costs beyond standard stamp duty and agent commissions. This ABSD obligation applies regardless of whether the buyer retains their first property or sells it before completing this Clementi purchase, representing a material cost consideration in overall transaction budgeting. However, ABSD is calculated on the purchase price rather than property value, meaning this unit's substantial size and three-bathroom configuration deliver measurably better cost-per-room efficiency compared to more compact two-bedroom alternatives at lower price points, partially offsetting the ABSD burden through superior value proposition.

What is the lease remaining and how does lease decay impact resale value and future prospects?

HDB lease terms typically commence from the original 99-year lease grant date, and Clementi properties built in the 1980s generally have leases remaining in the 70-75 year range depending on exact commissioning dates, though this requires verification against the specific lease commencement date. Leases below 70 years begin generating material resale friction, with buyer financing complications accelerating markedly below 60 years as banks restrict loan tenors or demand larger cash equity contributions. This property's lease position—whilst requiring individual confirmation—will likely influence both immediate resale velocity and longer-term capital appreciation trajectory, making lease verification essential in your purchase decision and financial planning.

How does proximity to the nearest MRT station affect demand and capital appreciation potential?

Clementi's MRT connectivity via the East-West Line provides established transportation corridors that consistently elevate HDB demand within the estate's catchment, with proximity-to-station effects documented as meaningful drivers of both initial sales velocity and sustained capital appreciation. Three-bedroom units within walking distance (typically under 15 minutes) of MRT stations command measurable premiums relative to comparable units at greater distances, reflecting genuine tenant and owner-occupier preferences for convenient transit access. Clementi's transport positioning—connected to both the city centre and emerging employment nodes along the line's expansion—provides long-term demand stability that insulates properties from cyclical employment or accessibility disruptions that might affect more remotely positioned estates.

Which buyer profiles would find this property most suitable and why?

Upgraders transitioning from two-bedroom units will immediately appreciate the additional room, third bathroom, and genuinely spacious proportions that this property delivers, with the Clementi location offering established infrastructure without the premium pricing of central estates. High-net-worth investors seeking HDB exposure for portfolio diversification value properties with proven tenant demand and capital resilience, and Clementi's mature positioning with consistent rental activity fits this profile precisely. First-time buyers with substantial purchasing power or young families requiring multigenerational accommodation will find the three-bathroom configuration particularly valuable, whilst owner-occupiers prioritising established neighbourhood character over cutting-edge newness will benefit from Clementi's mature tree-lined streets and comprehensive community infrastructure.

What TDSR and financing headroom should I expect at this S$1,080,000 price point?

Total Debt Servicing Ratio (TDSR) limits capped at 60 per cent mean buyers will require demonstrated monthly income supporting repayment obligations on this mortgage alongside any existing debts, typically necessitating household income around S$18,000 to S$20,000 monthly for maximum-term financing without requiring substantial cash deposits. At current interest rates circa 3.5 to 4.0 per cent, a standard 25-year HDB loan would require monthly repayments in the S$5,200 to S$5,600 range, leaving comfortable headroom for higher-income households whilst creating constraints for single-income earners at median salary levels. Buyers with existing mortgages, personal loans, or credit facilities should carefully model TDSR implications before proceeding, as this purchase price sits sufficiently high to create legitimate financing constraints if existing debt obligations remain substantial.

How does this property compare to competing three-bedroom developments in the wider area?

Clementi estates compete directly with nearby mature HDB areas including West Coast and Bukit Panjang, with Clementi units typically commanding modest premiums of 3 to 8 per cent reflecting superior transport connectivity and more developed commercial precincts. Three-bedroom units of comparable age and condition in West Coast might achieve S$1,020,000 to S$1,050,000, whilst similar Bukit Panjang offerings might range S$980,000 to S$1,040,000, positioning this Clementi property as competitively priced rather than aggressively marked. Clementi's psychological positioning—as one of Singapore's most recognisable and established estates—translates into stronger rental demand and fractionally quicker resale velocity compared to less-famous neighbouring areas, justifying its modest price premium within the competitive HDB three-bedroom segment.

Which floor levels or unit stacks represent the best value propositions within this property's tier?

Mid-range floors (approximately fourth to eighth storey) typically deliver optimal value for owner-occupiers seeking direct MRT access convenience without the noise and sight-line compromises of lower floors, whilst maintaining superior natural light compared to higher storeys where distant views become primary aesthetic factors. Units positioned on north or east-facing orientations generally command marginal premiums of 2 to 4 per cent due to reduced afternoon heat exposure and morning light benefits, making west or south-facing units potentially better value for buyers indifferent to compass orientation. Corner units and those with visual sightlines toward parks or green spaces occasionally trade at premiums of 5 to 7 per cent despite identical floor areas, suggesting that if pricing comparisons reveal such unit types at similar values, they represent genuine value captures before market repricing.

What future supply pipeline and development prospects exist for Clementi estate and surrounding areas?

Clementi remains fully built-out as a mature estate with minimal new HDB supply projected in the immediate vicinity, creating supply constraints that historically support sustained price resilience compared to estates receiving new unit completions that can temporarily suppress resale values. Urban redevelopment possibilities exist along certain Clementi corridors, but such initiatives typically involve decades of planning and execution, making near-to-medium term capital appreciation dependent more on demand-side factors than supply-side developments. Surrounding areas including potential Greater Southern Waterfront developments and broader West Coast Belt infrastructure improvements will incrementally enhance Clementi's strategic positioning, though such improvements manifest gradually over multi-year horizons rather than creating immediate value spikes, suggesting this property represents a stable long-term holding vehicle rather than a short-term appreciation play.

115 Clementi Street 3BR HDB Flat S$1.08M | Clementi