Type

Units

Min Area

Price Range

2 BR

721 sqft

S$398K – S$500K

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$398K to S$500K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$79,600 on this acquisition.
Located 9 min (760 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.

304 Clementi Avenue 4: A Mature HDB Development in Singapore's Established West

304 Clementi Avenue 4 stands as a residential offering within the Clementi precinct, one of Singapore's most established and sought-after HDB estates. Situated in the heart of the western corridor, this development appeals to buyers seeking the stability and maturity of an established neighbourhood combined with genuine metropolitan convenience. The estate forms part of Clementi's broader residential landscape, which has maintained strong appeal across multiple buyer demographics for decades.

The location represents a significant advantage for those prioritising accessibility and community infrastructure. Clementi MRT Station, serving the East-West Line (EW23), lies approximately 760 metres away—roughly a nine-minute walk—positioning residents within easy reach of Singapore's central and eastern business districts. This proximity translates to commuting efficiency for professionals working across the island, whilst the station itself anchors a vibrant commercial and retail ecosystem that has flourished throughout the area.

Neighbourhood Character and Amenities

The Clementi estate encompasses a comprehensive range of everyday facilities and services that define modern suburban living. Shopping, dining, and recreational options cluster around Clementi Central and the surrounding commercial nodes, ensuring residents enjoy variety in retail and F&B offerings without requiring motorised transport. Multiple primary and secondary schools operate throughout the estate, making it particularly attractive to families with school-age children seeking quality education within their neighbourhood.

Healthcare facilities, including a polyclinic and multiple private clinics, operate within the precinct, addressing residents' medical needs efficiently. Community centres, sports facilities, and parks provide recreational outlets for all ages, fostering the neighbourhood's reputation as a family-oriented district. Wet and dry markets continue to operate near Clementi MRT, preserving the traditional market culture that many multigenerational families value.

Unit Configuration and Pricing

Properties at 304 Clementi Avenue 4 begin from S$398,000, offering entry-level pricing for the Clementi location—a significant draw for first-time buyers stepping onto the property ladder. The development includes 2-bedroom units at approximately 721 square feet, providing functional floor plates suited to young couples, small families, and single professionals alike. These modest footprints maximise usable living space whilst maintaining affordability, a balance that has long defined HDB appeal in mature estates.

The per-square-foot valuation places this development competitively within the Clementi corridor, particularly for buyers prioritising accessibility to the MRT network. Larger configurations are available within the development, catering to upgraders seeking additional bedrooms without relocating to peripheral estates or private residential enclaves. The pricing spectrum reflects the estate's maturity and proximity to transport infrastructure—factors that support sustained market demand.

Investment and Rental Potential

For owner-investors, 304 Clementi Avenue 4 occupies a strategic position within Singapore's rental market. The proximity to Clementi MRT and the established commercial landscape create consistent demand from tenants, particularly young professionals, expatriates, and small families seeking temporary accommodation in well-serviced neighbourhoods. Rental yields across comparable Clementi units have historically trended between 2.5% and 3.5% per annum, depending on unit configuration and lease terms, though individual outcomes vary based on tenant sourcing and property management.

The development's mature status and full amenities reduce void periods that plague newly completed estates still establishing community identity. Existing tenant networks, established reputation, and proximity to employment clusters in the east ensure consistent interest from the rental market. Investors evaluating this development should consider it as a stable, lower-volatility holding rather than a speculative appreciation vehicle—a profile increasingly attractive in a more measured property market.

Financing and Buyer Profiles

First-time buyers entering the HDB market find 304 Clementi Avenue 4 particularly accessible, given sub-S$400,000 pricing on quality 2-bedroom units. HDB concessional loans coupled with CPF Housing Grants significantly reduce financing burdens for eligible owner-occupants, whilst Standard Chartered and other institutional lenders offer competitive mortgage terms on HDB properties. Debt servicing at typical price points remains manageable for households with modest to middle incomes, preserving purchasing power across the buyer base.

Upgraders from 3-room units in peripheral estates gravitate toward Clementi's mature infrastructure and MRT connectivity, viewing the move as a genuine quality-of-life improvement rather than mere square-footage expansion. Owner-investors evaluating portfolio additions find 304 Clementi Avenue 4 attractive for its rental predictability and lower execution risk compared to new launches. The development suits older empty-nesters downsizing from larger family homes, valuing walkability and established social infrastructure over sprawling floor plates.

Lease Tenure and Long-Term Viability

Like all HDB properties, 304 Clementi Avenue 4 carries a 99-year lease structure, with the estate's completion year determining the lease's remaining duration at any point of sale. The estate's establishment well before the turn of the 21st century positions it comfortably within leasehold horizons where capital appreciation concerns remain manageable for near-term and medium-term buyers. Resale demand remains robust throughout the Clementi corridor given location permanence and transport infrastructure's unchanging value proposition.

Prospective buyers should, however, understand that lease decay—the gradual depreciation of property values as lease tenure diminishes—eventually becomes a consideration, typically after the 50-year mark or beyond. Clementi's sustained neighbourhood appeal and the Singaporean state's policy of prioritising estate renewal and upgrading programmes mitigate this risk substantially. CPF rules permitting younger buyers to utilise HDB loans into advanced age further protect long-term residents from forced divestment scenarios.

Capital Appreciation and Market Outlook

Clementi has historically tracked broader HDB price evolution, appreciating at rates aligned with national inflation and neighbourhood reputation-building. The district's maturity—a double-edged characteristic—provides stability rather than explosive growth, making it suitable for those prioritising safety over speculation. Neighbouring developments and recent transactions suggest per-square-foot price ranges between S$550 and S$650 for comparable 2-bedroom units in the wider precinct, positioning 304 Clementi Avenue 4 competitively within local benchmarks.

The area's future outlook remains anchored to transport infrastructure enhancement, potential residential intensification, and broader western corridor revitalisation initiatives. These factors support steady, if unspectacular, appreciation potential over 10-year holding horizons. Buyers should approach this development as a lifestyle and wealth-preservation vehicle rather than a rapid appreciation opportunity—a characterisation that aligns with the HDB market's fundamental purpose.

Comparative Positioning

Within the immediate Clementi landscape, 304 Clementi Avenue 4 competes against other mature estates such as Clementi Avenue 3, Clementi Park, and developments within Sunset View. These neighbouring blocks offer similar lease structures, comparable amenities, and equivalent MRT accessibility, with pricing distinctions reflecting unit configuration, floor level, and specific renovation requirements. The absence of material differentiation in neighbourhood amenities or transport access means buyer choices often hinge on personal unit preference rather than estate-level advantages.

The development's value proposition strengthens relative to newer peripheral estates further from the MRT network, where transport times extend materially despite lower absolute pricing. Conversely, adjacent developments offer no material advantage, making selection a matter of specific unit availability and cosmetic condition rather than systematic development hierarchy.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 304 Clementi Avenue 4 as an investment?

Rental yields across comparable 2-bedroom HDB units in the Clementi estate typically range between 2.5% and 3.5% per annum, though individual outcomes depend on unit configuration, lease negotiation, and tenant sourcing strategy. The established neighbourhood with full amenities and proven rental demand from young professionals and small families ensures consistent tenant interest, reducing void periods that plague newly completed estates. To calculate specific yields on a prospective purchase, factor in anticipated monthly rent against your acquisition cost, remembering that HDB rental markets favour furnished or semi-furnished options and that Clementi's proximity to Clementi MRT typically commands modest rental premiums over peripheral estate equivalents.

How does the per-square-foot pricing at 304 Clementi Avenue 4 compare to recent transactions in Clementi?

Recent comparable transactions across the broader Clementi corridor suggest per-square-foot valuations ranging between S$550 and S$650 for 2-bedroom units, dependent on floor level, unit orientation, and cosmetic condition. At a purchase price beginning from S$398,000 for approximately 721 square feet, 304 Clementi Avenue 4 positions itself competitively at the lower end of this range—a reflection of the estate's maturity and the absence of modern upgrading cosmetics that command premium valuations. This pricing advantage particularly appeals to value-conscious buyers and investors, though prospective purchasers should inspect specific units individually, as pricing variation within single blocks often exceeds development-level averages.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I'm buying 304 Clementi Avenue 4 as a second residential property?

Singapore Citizens purchasing a second residential property, including HDB units at 304 Clementi Avenue 4, face an Additional Buyer's Stamp Duty of 20% on the purchase price, effective from recent updates to stamp duty regulations. On a purchase price of S$398,000, this equates to approximately S$79,600 in ABSD alone—a substantial cost that must be factored alongside legal fees, title registration, and renovation budgets. First-time owner-occupants purchasing their primary residence face only standard Buyer's Stamp Duty, typically 1-4% depending on purchase price, making this a meaningful financial distinction that should shape your purchasing strategy if you already own residential property elsewhere in Singapore.

What are the lease decay risks for 304 Clementi Avenue 4, and how do they affect resale value?

All units at 304 Clementi Avenue 4 carry a 99-year HDB lease, with the specific remaining tenure depending on the estate's original completion date; properties in this mature precinct typically have approximately 70-80 years of lease remaining, placing them well within periods where lease decay poses minimal practical resale risk for buyers with 10-20 year holding horizons. Lease depreciation becomes a material concern only when tenure drops below 50 years, at which point lenders reduce loan-to-value ratios and buyers demand increasing discounts; many Clementi properties remain comfortably remote from this threshold. The Singapore government's sustained emphasis on HDB estate upgrading and renewal programmes, combined with the MRT network's permanence, provides institutional support for maintaining Clementi's neighbourhood value despite gradual lease reduction.

How does proximity to Clementi MRT Station (EW23) influence demand and capital appreciation at this development?

Clementi MRT Station's presence on the East-West Line creates a material demand premium for 304 Clementi Avenue 4, as direct access to Singapore's primary east-west transport corridor translates to commuting efficiency for professionals across the island and reduces reliance on motorised transport. This transport connectivity has historically driven sustained rental and resale demand across Clementi-based properties, supporting relatively stable capital appreciation aligned with broader HDB market trajectories rather than dramatic volatility. The nine-minute walking distance to the station—well within comfortable pedestrian range—means the development enjoys full MRT benefit without the heightened property costs that typically attach to units directly adjacent to stations, positioning purchasers in an optimal accessibility-to-value ratio.

Which buyer profiles are most suited to purchasing at 304 Clementi Avenue 4?

First-time owner-occupants find this development particularly attractive, as sub-S$400,000 pricing, HDB concessional loan eligibility, and CPF Housing Grant accessibility combine to create genuinely affordable entry points to property ownership without requiring exceptional household incomes. Young upgraders transitioning from 3-room units in peripheral estates value Clementi's established infrastructure, full amenity complement, and transport connectivity as meaningful quality-of-life improvements justifying the transition cost. Owner-investors seeking stable, lower-volatility portfolio additions appreciate the development's mature status, proven rental demand, and predictable yield generation—characteristics that distinguish it from speculative new launches. Empty-nesters and older downsizers find the walkable neighbourhood and community infrastructure particularly valuable, as comprehensive local amenities reduce dependency on private transport or extended family assistance.

What are the Total Debt Servicing Ratio (TDSR) implications at typical 304 Clementi Avenue 4 purchase prices?

At entry-level pricing around S$398,000, a 90% HDB concessional loan would result in approximately S$358,200 financed, with monthly repayments of roughly S$1,600–S$1,900 depending on loan tenure and prevailing HDB rates—well within the TDSR threshold of 60% for households with moderate incomes (approximately S$3,200–S$3,500 monthly gross household income). First-time buyers leveraging CPF Housing Grants further reduce their financed amount, proportionally improving TDSR positions and freeing capital for renovation or contingency reserves. Investors financing through institutional lenders face tighter TDSR constraints at 55%, though investment loan structures often permit higher leverage than owner-occupant arrangements, benefiting experienced property investors with diversified income streams.

How does 304 Clementi Avenue 4 compare to nearby competing developments like Clementi Avenue 3 or Sunset View?

Neighbouring estates such as Clementi Avenue 3 and Sunset View offer functionally equivalent HDB configurations, lease structures, and proximity to Clementi MRT, with pricing distinctions primarily reflecting individual unit cosmetics, floor levels, and renovation requirements rather than systematic development advantages. The absence of material differentiation in neighbourhood amenities, transport accessibility, or school provision means buyer selections typically hinge on specific unit availability and personal preference regarding block location and unit orientation rather than estate-level hierarchy. Prospective buyers should evaluate 304 Clementi Avenue 4 alongside these immediate competitors to identify individual units optimally suited to their preferences, as development-level value propositions remain broadly aligned across the immediate precinct.

Which unit stack or floor levels offer the best value at 304 Clementi Avenue 4?

Mid-level units (approximately floors 4–7) typically offer the most compelling value proposition, balancing privacy from street-level noise and dust with avoidance of premium pricing that attaches to higher floors and corner units; these tiers consistently attract both owner-occupants and investors seeking efficient price-to-utility ratios. Ground and first-floor units experience elevated noise and mosquito exposure from adjacent landscaping and pedestrian traffic, justifying modest discounts that appeal to cost-conscious buyers indifferent to these trade-offs, though resale demand for these tiers remains comparatively softer. Upper-floor units command price premiums for enhanced natural light, ventilation, and perceived prestige, though these benefits rarely justify the acquisition cost premium for pragmatic investors focused on yield maximisation.

What is the future supply pipeline and redevelopment outlook for the Clementi district?

The Clementi estate's mature status means limited new residential construction within the immediate precinct; growth is expected to occur through small-scale infill development and the potential intensification of existing commercial nodes rather than wholesale estate expansion. The Singapore government's broader planning framework prioritises selective upgrade programmes and targeted renewal initiatives rather than large-scale neighbourhood redevelopment, suggesting Clementi will remain a stable, slowly-evolving residential district rather than experiencing transformative change. This stability supports predictable property valuations and neighbourhood character preservation, benefiting long-term residents but limiting explosive appreciation potential that might accompany significant infrastructure investments or zoning changes in developing precincts.

Hdb Flat At 304 Clementi Avenue 4 — From S$398K