Type

Units

Min Area

Price Range

3 BR

1571 sqft

S$1.1M – S$1.1M

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1.1M to S$1.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$212K 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.

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115 Clementi Street: Established HDB Living in a Prime District

115 Clementi Street stands as a well-regarded residential address in one of Singapore's most desirable public housing neighbourhoods. Located in the Clementi precinct, this development comprises multiple unit configurations that cater to diverse household compositions and buyer profiles. The project represents the kind of mature, settled community that many upgraders and investors actively seek, combining practical living spaces with access to established amenities and transport infrastructure.

The units at 115 Clementi Street offer contemporary internal layouts designed to maximise functionality and comfort. Three-bedroom configurations dominate the inventory, providing ample space for growing families and multi-generational households. With internal areas reaching approximately 1,571 square feet in certain units, residents benefit from generous living quarters and well-proportioned rooms that support both daily living and entertaining. The inclusion of multiple bathrooms across most units reflects modern expectations around household convenience and privacy, a feature that strengthens both owner satisfaction and long-term investment appeal.

Strategic Location and Connectivity

Clementi has evolved into a bustling residential and commercial hub, and 115 Clementi Street benefits from this maturation considerably. The neighbourhood boasts excellent access to shopping, dining, and recreational facilities, whilst transport connectivity remains a defining strength. Proximity to established MRT infrastructure and bus networks ensures that residents can reach the wider island efficiently, a factor that consistently drives both capital appreciation and rental demand in this zone.

The established nature of the Clementi precinct means that schools, medical facilities, and community centres are well-distributed and accessible. Families relocating to 115 Clementi Street typically find that essential services are within walkable or short-commute distances, reducing reliance on private transport and enhancing the lifestyle proposition. This degree of urban convenience, combined with the relative tranquillity of a mature residential setting, positions the development as particularly attractive to upgraders moving from smaller units or first-generation flats.

Investment Credentials and Market Positioning

For investors evaluating 115 Clementi Street, the development presents a compelling case study in location-driven value capture. The Clementi area has demonstrated resilience through multiple property cycles, with rental demand consistently supported by young professionals, expatriates, and families seeking proximity to employment centres and educational institutions. Units at this address tend to achieve stable occupancy rates and competitive rental yields relative to similar-tier HDB stock elsewhere in the district.

The per-square-foot pricing across available units at 115 Clementi Street aligns with current market benchmarks for three-bedroom HDB flats in the Clementi zone. Recent comparable transactions in the surrounding area suggest that units of similar specifications and floor levels command pricing consistent with the broader market equilibrium, indicating neither significant overvaluation nor exceptional discount. This pricing stability reduces speculative risk and appeals to methodical investors seeking steady capital preservation with measured appreciation potential.

Financial Considerations for Prospective Buyers

Purchasers acquiring a second residential property at 115 Clementi Street should factor in Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, a substantial cost element that materially impacts total acquisition outlay. A Singapore Citizen acquiring this as an investment property or upgrading from a previous residence will bear this duty on top of standard stamp duty and legal fees, collectively raising effective entry costs by several percentage points. Careful financial planning, including engagement with a mortgage broker, is essential to ensure that ABSD liability does not constrain borrowing capacity or leave insufficient liquidity for transaction completion and contingencies.

From a financing perspective, units at this development typically support loan eligibility in the range of 75 to 80 per cent of purchase price for Singapore Citizens, depending on individual creditworthiness and income profiles. The Debt Servicing Ratio threshold, set at 60 per cent, remains the binding constraint for many buyers; prospective purchasers should stress-test their mortgage serviceability against potential interest-rate increases to ensure comfortable repayment headroom over the loan tenure. First-time buyers benefit from certain stamp-duty concessions, a consideration that can materially improve the acquisition economics relative to investors or upgraders.

Unit Stack and Floor Levels: Value Dynamics

Within 115 Clementi Street, certain stacks and floor levels command premium pricing relative to others, reflecting buyer preferences around natural light, ventilation, and accessibility. Mid-level units—typically floors four through eight—often strike an optimal balance between commanding unobstructed views and minimising exposure to ground-level noise or security concerns. Lower floors attract some buyers seeking convenience and lower utility bills, whilst higher floors appeal to those prioritising privacy and vista. For value-conscious investors, units on lower-to-mid floors often deliver the most attractive price-to-utility ratios, particularly where unit orientations and internal configurations remain substantively similar to premium stacks.

Southeast and southwest-facing units generally command modest premiums owing to afternoon sunlight and prevailing wind patterns beneficial to tropical climates. North-facing units, conversely, often carry reduced asking prices but appeal to cost-sensitive buyers and those sensitive to heat gain. Systematic review of floor plans and stack specifications across the development allows informed decision-making aligned with individual priorities and investment thesis.

Comparative Market Standing

The Clementi precinct hosts multiple HDB developments at varying distance from Clementi MRT station and with differing vintage and internal specifications. Units at 115 Clementi Street compete directly with flats at nearby addresses offering comparable bedroom counts and age profiles. Whilst each address carries distinct micro-location advantages—proximity to specific schools, markets, or commercial nodes—the overall pricing architecture remains relatively homogenous. Buyers and investors evaluating 115 Clementi Street benefit from transparent, competitive market data; units here trade at transparent valuations that reflect genuine market supply-and-demand dynamics rather than artificial scarcity premiums.

Rental Yield and Investment Horizons

Three-bedroom HDB units in the Clementi zone typically achieve gross rental yields in the region of 2.5 to 3.5 per cent per annum, depending on unit specifications, condition, and exact location within the precinct. At current pricing levels across 115 Clementi Street, investors may anticipate yields toward the middle-to-upper portion of this range, particularly for units in well-maintained condition and positioned for attracting quality tenants. Net yields, after accounting for maintenance, management, and property tax, typically compress by 0.5 to 1.0 percentage point; however, the primary investment case for this development remains capital appreciation driven by transport accessibility and neighbourhood maturation, rather than yield-hunting.

Over extended holding periods of ten years or more, the combination of stable rental demand, modest annual capital appreciation, and accumulated equity from mortgage repayment typically generates attractive total returns for disciplined investors at this development. First-generation upgraders who transact into 115 Clementi Street with long-term hold intentions often realise superior wealth-accumulation outcomes compared to those pursuing short-term trading strategies.

Future Market Dynamics and Supply Pipeline

The broader Clementi zone faces constrained new HDB supply, as most recent development has concentrated in peripheral precincts. This supply inelasticity supports the long-term capital appreciation case for established addresses like 115 Clementi Street, where replacement demand from upgraders and rental-market participants should remain constructive across multiple market cycles. Potential upgrading of transport infrastructure, schools, or commercial facilities within the Clementi precinct could further enhance buyer and tenant demand; conversely, no material headwinds to neighbourhood appeal appear evident on the medium-term horizon.

Buyers and investors acquiring units at 115 Clementi Street should approach their decision with a multi-year perspective, allowing time for market cycles and macro-economic conditions to compound their capital and rental returns. The development's position within an established, supply-constrained neighbourhood provides meaningful downside protection against extreme value erosion, a factor that separates this investment from purely speculative or trend-driven purchases elsewhere in the market.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 115 Clementi Street as an investment property?

Three-bedroom HDB units in the Clementi precinct typically achieve gross rental yields between 2.5 and 3.5 per cent per annum, depending on unit specifications and condition. At current pricing levels across 115 Clementi Street, investors may anticipate yields toward the upper portion of this range, particularly for well-maintained units positioned to attract quality tenants. After accounting for property maintenance, annual management costs, and property tax, net yields typically compress to approximately 1.5 to 2.5 per cent; however, the primary investment case for this development centres on capital appreciation driven by transport accessibility and neighbourhood maturation rather than yield extraction alone.

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

Recent comparable transactions for three-bedroom HDB flats in the Clementi zone suggest that units at 115 Clementi Street trade at per-square-foot rates consistent with current market equilibrium for properties of similar age, specification, and floor level. The development reflects neither significant overvaluation nor exceptional discount relative to nearby addresses; this pricing stability reduces speculative risk and indicates genuine market consensus on value. Systematic comparison with recent arm's-length sales of similar units at competing addresses within the Clementi precinct confirms that 115 Clementi Street remains fairly valued within its competitive set.

What are the ABSD implications if I am purchasing a second residential property at 115 Clementi Street?

Singapore Citizens acquiring a second residential property, including units at 115 Clementi Street, are liable for Additional Buyer's Stamp Duty at the current rate of 20 per cent of the purchase price. This duty is levied in addition to standard stamp duty and materially increases total acquisition costs; for a purchase price of S$1,060,000, ABSD liability would amount to approximately S$212,000. Careful financial planning is essential to ensure that ABSD liability does not constrain mortgage borrowing capacity or deplete liquid reserves required for transaction completion, legal fees, and contingencies. First-time buyers, conversely, are exempt from ABSD, a significant advantage that improves acquisition economics for those purchasing their first residential property.

What lease decay and resale value risks should I consider for units at 115 Clementi Street?

Most HDB flats, including units at 115 Clementi Street, are held on 99-year leasehold terms with lease commencement dates typically in the 1980s or 1990s. Lease decay begins to materially impact valuations once the lease falls below approximately 60 years remaining; however, units at this address currently enjoy substantial lease depth, with the majority holding 50-80+ years remaining, depending on exact commissioning date. Singapore's Housing Development Board has historically introduced lease-extension schemes for flats nearing critical thresholds; prospective buyers should remain informed of potential future policy evolution. For practical investment horizons of 10-20 years, lease decay presents minimal constraint; longer-horizon investors should factor potential extension costs into eventual exit pricing.

How does proximity to Clementi MRT station influence demand and capital appreciation at this development?

Clementi MRT station, serving the Circle Line and providing direct connectivity to the Downtown Line via interchange opportunities, represents a material value driver for 115 Clementi Street. Units within reasonable walking distance of the station command modest premiums over comparable properties in less transit-accessible portions of the precinct, reflecting buyer preference for public-transport convenience. The established MRT infrastructure reduces reliance on private vehicular transport, an increasingly valued attribute among younger households and cost-conscious upgraders. Over extended holding periods, MRT accessibility has consistently supported steady capital appreciation for HDB flats; future enhancements to the broader transport network or frequency improvements at Clementi station could further amplify demand and valuations at this location.

Is 115 Clementi Street suitable for different buyer profiles, including first-timers, upgraders, and investors?

Yes, 115 Clementi Street caters effectively to multiple buyer profiles across the spectrum. First-time buyers benefit from stamp-duty exemptions and lower quantum pricing relative to private residential alternatives, with the three-bedroom configuration providing genuine family living space and investment optionality. Upgraders transitioning from smaller HDB units or first-generation flats appreciate the enhanced specifications, modern amenities, and neighbourhood maturation at this address. Investors seeking stable rental demand and capital appreciation find the established Clementi precinct attractive relative to newer, more speculative precincts; institutional demand from long-hold investors remains consistent in this zone. Owner-occupiers seeking to downsize or relocate within the same neighbourhood may also find suitable units at this development, reflecting its position as a destination address within Clementi.

What TDSR and financing headroom should I anticipate at typical price points for 115 Clementi Street?

Units at 115 Clementi Street typically support loan eligibility of 75-80 per cent of purchase price for Singapore Citizens with satisfactory creditworthiness and stable income profiles. The Debt Servicing Ratio threshold, capped at 60 per cent of gross monthly income, remains the binding constraint for many buyers; prospective purchasers should stress-test serviceability against potential interest-rate increases of 1-2 per cent to ensure comfortable repayment capacity over the 25-30 year loan tenure. At current pricing levels, a household with combined gross monthly income of approximately S$10,000-12,000 would typically qualify for comfortable mortgage amounts supporting acquisition of units at this development without excessive leverage or serviceability strain. Professional engagement with a qualified mortgage broker is advisable to confirm individual eligibility and identify optimal loan structures aligned with personal cash-flow circumstances.

How does 115 Clementi Street compare to nearby competing HDB developments in Clementi?

The Clementi precinct hosts multiple established HDB developments at varying distances from Clementi MRT station and with differing internal specifications and age profiles. Units at 115 Clementi Street compete directly with flats at nearby addresses offering comparable three-bedroom configurations and vintage. Pricing across this competitive set remains relatively homogenous, reflecting transparent market data and competitive forces that align valuations with genuine supply-demand dynamics. Each address carries distinct micro-location advantages—proximity to specific schools, markets, hawker centres, or commercial nodes—but macro-level factors such as transport accessibility and neighbourhood maturation apply broadly across the zone. Buyers and investors evaluating 115 Clementi Street benefit from transparent comparative analysis; units here trade at fair-value prices that neither command artificial premiums nor offer exceptional arbitrage opportunities relative to competing alternatives.

Which unit stacks or floor levels at 115 Clementi Street offer the best value proposition?

Mid-level units, typically occupying floors four through eight, often strike an optimal balance between commanding unobstructed views, ventilation, and accessibility whilst avoiding exposure to ground-level noise or security concerns. Lower floors attract certain buyer segments seeking convenience and reduced utility bills, whilst commanding modest price discounts relative to mid-level stacks. Higher floors appeal to privacy-conscious buyers and those prioritising distant vistas; these units typically command premiums. For value-conscious investors, lower-to-mid floor units often deliver the most attractive price-to-utility ratios, particularly where internal configurations and unit orientations remain substantively similar to premium stacks. Southeast and southwest-facing units command modest premiums owing to afternoon sunlight; conversely, north-facing units often carry reduced asking prices and appeal to cost-sensitive buyers, presenting potential value opportunities for those indifferent to direction-of-aspect considerations.

What future supply pipeline and market dynamics should I anticipate in the Clementi district?

The broader Clementi zone faces constrained new HDB supply, as Housing Development Board development in recent years has concentrated in peripheral precincts rather than infill locations within established neighbourhoods. This supply inelasticity supports the long-term capital appreciation case for 115 Clementi Street, where replacement demand from upgraders, rental-market participants, and household formation should remain constructively supported across multiple market cycles. Potential enhancements to local transport infrastructure, schools, or commercial facilities within Clementi could further amplify buyer and tenant demand; conversely, no material headwinds to neighbourhood appeal appear evident on the medium-term horizon. Buyers and investors acquiring units here should adopt a multi-year perspective, allowing macro-economic cycles and market maturation to compound capital and rental returns; the development's position within a supply-constrained, established neighbourhood provides meaningful downside protection against extreme value erosion.

[For Sale] 115 Clementi Street 13 — From S$1.1M