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

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

115 Clementi Street represents a cornerstone residential address in the Clementi neighbourhood, a district celebrated for its harmonious blend of established community living and strategic urban connectivity. This HDB development stands as a testament to mature estate planning, with thoughtfully designed blocks that have earned their place among Singapore's most sought-after public housing addresses. Whether you are an owner-occupier seeking a family home or an investor evaluating the western corridor market, this address merits serious consideration.

Location and Connectivity

Clementi's enduring appeal rests on its exceptional geographic positioning within Singapore's broader urban framework. The district sits at the intersection of multiple transport arteries, enabling residents to reach employment hubs, educational institutions, and recreational zones with remarkable efficiency. The established nature of the estate means that surrounding infrastructure—from retail precincts to healthcare facilities—has matured over decades, creating a self-sufficient neighbourhood that requires minimal reliance on distant amenities.

The neighbourhood hosts a rich tapestry of neighbourhood establishments, from local hawker centres serving traditional cuisine to contemporary retail outlets catering to modern lifestyles. This layering of old and new amenities creates an environment where long-term residents rarely need to venture far for daily essentials, whilst maintaining the charm of a traditional Singapore estate.

Unit Specifications and Layout

The three-bedroom configurations available at 115 Clementi Street typically span approximately 1,571 square feet, delivering substantial internal living area that accommodates modern family life comfortably. The inclusion of three bathrooms across units of this scale reflects contemporary expectations around privacy and convenience—a feature that elevates the development's appeal relative to older HDB stock featuring single-bathroom layouts. The floor plate design encourages natural ventilation and light penetration, hallmarks of thoughtful architectural planning in the HDB context.

Units within the development benefit from the structural soundness and predictable maintenance profiles characteristic of well-established blocks. The standardised construction methodology employed across the estate means that buyers can rely on consistent quality and durability, reducing uncertainty around unforeseen defect costs or structural surprises during the ownership tenure.

Investment Prospects and Market Position

For investors analysing the Clementi precinct, 115 Clementi Street occupies a strategically advantageous position within the district's residential hierarchy. The three-bedroom segment has historically attracted strong rental demand from families seeking stability in established neighbourhoods, professionals requiring flexible intermediate housing solutions, and expatriate assignees prioritising proximity to corporate campuses in the west. The stability of this rental cohort provides investors with downside protection during market cycles characterised by wider pricing volatility.

The development's maturity implies an established community infrastructure that newer estates must spend years cultivating—schools, medical clinics, and recreational facilities are already embedded within the local fabric. This operational maturity translates into predictable resident profiles, reduced disruption from construction activity, and a neighbourhood identity that attracts buyers with specific lifestyle preferences and priorities.

Pricing and Value Proposition

Units at 115 Clementi Street are offered from S$1,059,999, positioning the development competitively within the broader HDB market for three-bedroom configurations in the western region. This pricing reflects both the established nature of the estate and the current market cycle affecting HDB valuations across Singapore. Prospective buyers benefit from the transparency of HDB pricing mechanisms, where transactional history within the same block or neighbouring blocks provides clear reference points for value assessment.

The price point carries implications for financing headroom and Total Debt Servicing Ratio (TDSR) calculations. At typical loan-to-value ratios employed by housing finance institutions, buyer mortgage obligations remain within manageable parameters for dual-income households earning median to upper-median household incomes. This accessibility supports broad appeal across multiple buyer demographics, from first-time upgraders to investors seeking yield-bearing assets in established submarkets.

Resale Dynamics and Long-Term Value Retention

HDB resale markets in established estates like Clementi have demonstrated consistent price appreciation over multi-decade horizons, though volatility around specific five to ten-year cycles remains inevitable. The three-bedroom configuration occupies a segment with deep market liquidity, meaning future sellers can expect competitive bidding pools and efficient transaction processes. The lease tenure remains a fundamental driver of residual value—whilst 99-year HDB leases provide comfortable ownership horizons for most buyer profiles, the rate of lease decay accelerates materially beyond the 60-year mark, a consideration that becomes increasingly relevant as blocks age.

The neighbourhood's maturity paradoxically provides both value support and eventual valuation headwinds. Established estates attract buyers seeking stability and proven amenity bases, supporting prices during periods of market normalcy. Conversely, newer estate developments offering updated architectural standards and contemporary finishes can occasionally draw buyers away from older areas, creating competitive pricing pressure that established neighbourhoods must navigate through renovation cycles and selective unit upgrades.

Suitability Across Buyer Profiles

First-time buyers and young families appreciate 115 Clementi Street's accessibility, transparent pricing structure, and deep ecosystem of family-oriented services. The three-bedroom layout accommodates growing families or professionals requiring home office separation, whilst the established nature of the estate provides comfort around infrastructure stability and community continuity.

Upgraders transitioning from two-bedroom configurations find the additional bedroom particularly compelling, whether for guest accommodation, home working, or growing household members. The central location within the Clementi precinct places buyers within striking distance of employment corridors and educational institutions, reducing commute friction relative to newer estates positioned at the city's periphery.

Investors benefit from the rental demand profile associated with three-bedroom configurations in established estates, where tenant pools encompass families requiring stability and expatriate cohorts with proven payment discipline. The lower entry price point relative to private residential alternatives supports portfolio diversification at more accessible capital thresholds.

Community and Lifestyle Integration

The Clementi neighbourhood encompasses a cross-generational residential base that has contributed to the district's reputation as a family-friendly and inclusive community. Long-term residents often maintain established social networks, recreational groups, and informal support systems that newer residents can integrate into progressively. This social infrastructure, whilst intangible in conventional valuation frameworks, contributes meaningfully to resident satisfaction and tenure stability.

The estate's maturity also implies optimised recreational planning, with sports facilities, community gardens, and gathering spaces distributed throughout the precinct. These facilities reduce resident dependence on commercial recreation providers, supporting lifestyle affordability and contributing to documented correlations between neighbourhood cohesion and property value stability.

Frequently Asked Questions

What is the estimated rental yield for a three-bedroom unit at 115 Clementi Street?

Three-bedroom HDB units in established Clementi typically generate gross rental yields ranging from 3.5% to 4.5% annually, depending on specific unit positioning, floor level, and prevailing market rental rates for the neighbourhood. A unit purchased at S$1,059,999 could reasonably command monthly rent between S$3,100 and S$4,000, varying based on unit-specific features and tenant profile preferences. The Clementi precinct attracts consistent tenant demand from families and mid-career professionals, supporting relatively stable rental cash flows compared to newer estates where supply cycles can create seasonal softness. Investors should note that HDB rental yields remain constrained by regulatory frameworks limiting lease duration and occupant profiles, factors that professional fund managers factor into their Clementi portfolio positioning.

How does the S$1,059,999 price point compare to recent price-per-square-foot transactions in Clementi?

Three-bedroom units in the Clementi neighbourhood have recently transacted at price-per-square-foot (psf) levels ranging approximately S$665 to S$715 for resale configurations, placing a 1,571 sqft unit at broad market parity with recent comparables. At S$1,059,999, the effective psf cost sits within the middle range of recent Clementi three-bedroom transactions, reflecting neither premium positioning nor deeply discounted valuation. Market participants should note that psf comparisons require careful adjustment for unit-specific variables including storey height, facing orientation, proximity to common facilities, and renovation status—factors that can generate S$30–S$50 psf variance around the neighbourhood mean. Professional valuers conducting appraisals for this development typically employ neighbourhood psf benchmarks anchored to six-month rolling transaction windows, a methodology that supports transparent pricing assessment relative to competing stock.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing a second residential property?

Singapore Citizens acquiring 115 Clementi Street as a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% of the purchase price, applied on top of standard Stamp Duty obligations. For a unit priced at S$1,059,999, this translates to ABSD of approximately S$212,000, a material cost that significantly elevates the effective acquisition price and financing requirements. This 20% rate represents a structural policy mechanism designed to moderate demand for residential investment properties and preserve public housing stock accessibility for owner-occupier cohorts. Investors evaluating 115 Clementi Street must incorporate this ABSD obligation into investment return calculations, including mortgage principal amortisation, rental income forecasting, and eventual capital gains assumptions—factors that meaningfully compress cash-on-cash returns relative to owner-occupier acquisition scenarios where ABSD does not apply.

How does lease decay impact the resale value and investment trajectory of units at 115 Clementi Street?

HDB leases at 115 Clementi Street operate on 99-year initial terms, meaning blocks retain comfortable lease duration for most conventional holding horizons measured in 20–40 year increments. However, the mathematical impact of lease decay intensifies materially once blocks descend below 60 years remaining tenure, at which point market participants increasingly discount valuations to reflect shortened ownership windows and reduced financing accessibility. Current lease position for this established development remains well-positioned relative to this inflection point, supporting stability in near-to-medium-term valuations. Prospective investors should model lease trajectory conservatively in long-term financial projections, recognising that blocks purchased today will inevitably approach the 60-year remaining threshold within 20–30 year ownership windows, a variable that informed institutional buyers explicitly factor into purchase decision-making and hold-period target pricing.

How does proximity to MRT stations influence demand and capital appreciation at 115 Clementi Street?

The Clementi precinct benefits from mature MRT connectivity that has been fully operational and integrated into regional commuting patterns for decades, a factor that has supported stable property value appreciation relative to areas where transport infrastructure emerged more recently. Proximity to multiple MRT stations reduces commute friction to employment hubs across Singapore's central business districts and secondary office nodes, a quality that consistently attracts buyer cohorts prioritising accessibility over exurban location premiums. The established nature of MRT access also means that pricing premiums attributable to transport connectivity have largely been capitalised into existing market valuations—investors purchasing today benefit from mature transport infrastructure without paying discovery premiums characteristic of areas where new MRT lines have recently opened. Future capital appreciation at 115 Clementi Street will depend more substantially on estate-level renovation initiatives and neighbourhood renewal programmes than on transport infrastructure development, a distinction that differentiates mature estate appreciation drivers from expansion-driven cycles in developing areas.

Which buyer profiles are best suited to 115 Clementi Street?

First-time buyers transitioning from rental or studio configurations benefit substantially from the established estate infrastructure and transparent HDB pricing mechanisms, enabling straightforward comparison against competing alternatives. Young families with children favour the three-bedroom layout and proximity to schools and family-oriented amenities, factors that support long tenure satisfaction and stable occupancy cycles. Upgraders moving from two-bedroom configurations find compelling value in additional living space and the neighbourhood's proven track record of price stability and resale liquidity. Investors seeking yield-bearing public housing assets value the consistent tenant demand from families and mid-career professionals, characteristics that support predictable rental cash flows relative to single-bedroom investor stock. Expatriate mid-career professionals and dual-income households requiring intermediate housing solutions whilst undertaking local employment assignments also comprise meaningful demand segments, attracted by the neighbourhood's established community infrastructure and connectivity profile.

What financing headroom and TDSR implications apply to typical buyers at this price point?

A three-bedroom unit priced at S$1,059,999 typically supports loan quantum of approximately S$800,000–S$850,000 under standard 80% loan-to-value financing terms, requiring buyer equity contribution of S$210,000–S$260,000. At prevailing mortgage rates in the 3.5%–4.0% range, monthly servicing obligations for a 35-year mortgage term approximate S$3,400–S$3,800, a quantum that sits comfortably within TDSR thresholds for dual-income households earning combined monthly income above S$10,000. Individual buyers or single-income households require correspondingly higher baseline income to satisfy TDSR requirements, a factor that influences the demographic composition of owner-occupier purchasers relative to investor cohorts operating with different financing constraints. Prospective buyers should engage directly with housing finance institutions to obtain pre-approval documentation that explicitly confirms mortgage availability at anticipated loan quantum and tenure combinations, a step that prevents post-offer disappointment when conventional banking parameters prove tighter than informal expectations.

How does 115 Clementi Street compare to competing three-bedroom developments in the vicinity?

The Clementi neighbourhood encompasses multiple HDB block cohorts constructed across different decades, generating vintage variation that materially influences pricing and appeal dynamics. Blocks from the 1980s–1990s era offer comparable unit configurations to 115 Clementi Street at broadly similar price points, whilst providing established lease tenure and proven maintenance track records. Newer three-bedroom HDB offerings in adjacent precincts like Boon Lay and Bukit Batok occasionally appear at marginal discounts relative to Clementi valuations, reflecting the peripherality premium that buyers assign to proximity to central employment hubs and primary retail zones. Conversely, older Clementi blocks in the 1970s vintage cohort sometimes trade at modest premiums to market-wide HDB three-bedroom valuations, reflecting the scarcity value associated with rarer floor plans and iconic address positioning. Professional buyer advisors typically recommend comparative analysis anchored to recent transactional data from specific competing blocks rather than broader regional generalisations, a methodology that surfaces block-specific variance obscured by neighbourhood-level aggregation.

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

Mid-stack units (approximately floors 7–15) typically offer optimal value-to-amenity ratios, avoiding both the ground-level exposure to noise and visual obstruction from common facilities whilst remaining below the stratospheric premium commanded by high-floor configurations. These mid-stack positions generate cross-ventilation benefits without the extreme temperature swings and drying effects experienced by top-floor units, factors that support comfortable occupancy throughout Singapore's tropical climate cycles. Lower-mid-stack units (floors 4–6) often represent particular value repositories for owner-occupiers indifferent to premium views, as the discount relative to higher floors can range S$20,000–S$40,000 for three-bedroom configurations whilst retaining adequate natural light and air circulation. Investors prioritising tenant appeal and rental command should target mid-stack positioning over basement-proximate levels, recognising that rental tenant cohorts exhibit measurable preference for elevated natural light and reduced ambient noise. Units situated away from lift lobbies and common refuse collection points command modest premiums, reflecting tenant preference for reduced daily disturbance and enhanced privacy perception.

What future supply pipeline developments in Clementi will influence property values?

The Clementi neighbourhood has largely completed its bulk residential development cycle, meaning future supply increments will primarily reflect intensification of existing sites or targeted infill development rather than major greenfield additions characteristic of expanding precincts. Government land sale exercises within Clementi typically focus on commercial or mixed-use development opportunities rather than additional public housing stock, a policy orientation that supports scarcity value for existing HDB resale stock. Adjacent growth areas like Lakeside and future East Coast expansion initiatives may create competitive pressure on Clementi valuations if marketed to overlapping buyer demographics, though the established nature of Clementi's infrastructure and community networks should support relative resilience. Neighbourhood renewal programmes and en-bloc upgrading initiatives can periodically boost valuations for estates selected for revitalisation, though these improvements typically emerge on multi-year implementation horizons rather than immediate cycles. Professional investors tracking Clementi valuations should monitor Government Urban Renewal initiatives and Land Authority supply announcements at five to ten-year planning horizons, timeframes across which meaningful supply or demand rebalancing can materialise.

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