Type

Units

Min Area

Price Range

Other

145 sqft

S$1,650/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,650.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$330 on this acquisition.
Located 5 min (380 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.

329 Clementi Avenue 2: A Well-Connected HDB Development in Singapore's Premier West Zone

329 Clementi Avenue 2 represents a compelling housing opportunity for buyers and tenants seeking accessible, affordable accommodation in one of Singapore's most established residential precincts. Located on Clementi Avenue 2, this HDB development benefits from its position within a mature, highly amenitised neighbourhood that has attracted families, young professionals, and property investors for decades. The development sits in the heart of the Clementi precinct, a zone renowned for its balanced mix of residential stability, commercial vitality, and recreational facilities that cater to a broad demographic spectrum.

The defining locational strength of 329 Clementi Avenue 2 lies in its proximity to Clementi MRT Station (EW23), situated merely 380 metres—or approximately a five-minute walk—from the development. This exceptional accessibility to the East-West Line has fundamentally shaped the area's appeal and continues to drive both rental demand and capital value appreciation. Commuters benefit from rapid transit to the city centre, major employment nodes along the East-West corridor, and seamless interchange opportunities at Raffles Place and other key business districts. Such connectivity translates directly into sustained tenant demand and resilient property valuations, making this an attractive proposition for both owner-occupiers and investors.

The Clementi area itself encompasses a vibrant ecosystem of amenities that enhance the daily living experience for residents. Within walking distance, occupants enjoy access to numerous shopping malls, including the well-established Clementi Mall and The Clementi Centre, which house supermarkets, dining establishments, healthcare services, and retail outlets. The neighbourhood is home to several primary and secondary schools, making it particularly attractive to upgrading families seeking quality education options proximate to their homes. Healthcare facilities, including established polyclinics and private medical practitioners, are well distributed throughout the precinct, ensuring convenient access to essential services.

Recreational and leisure amenities further reinforce Clementi's appeal as a residential destination. The Clementi Town Park and nearby sports complexes provide ample green spaces and facilities for active lifestyles, whilst the Jurong Lake precinct—accessible by a short bus or car journey—offers expanded recreational opportunities including jogging trails, cycling paths, and waterfront attractions. These environmental and lifestyle factors contribute significantly to residential desirability and support both rental demand and long-term capital appreciation trajectories.

Unit Composition and Development Character

329 Clementi Avenue 2 comprises compact, efficiently configured residential units designed to optimise usable living space whilst maintaining affordability. The development encompasses a range of unit types catering to diverse household structures and budget parameters. Many units feature practical floor plates that maximise natural light and ventilation, standard finishes reflective of HDB construction standards, and layouts that accommodate both owner-occupation and tenancy scenarios with equal effectiveness. The compact nature of individual units makes them particularly attractive to first-time buyers entering the property market, young couples seeking their initial home purchase, and investors targeting high-turnover rental segments.

The development's age and established character mean that the neighbourhood surrounding 329 Clementi Avenue 2 has reached a state of residential maturity. This stability offers distinct advantages to both buyers and tenants: the community infrastructure is fully developed, transport patterns are predictable and reliable, and the residential population is demographically settled. Whilst mature developments occasionally command lower absolute price points compared to newer estates, they frequently deliver superior rental yields and consistent tenant demand due to their proximity to established amenities and transport nodes.

Investment Potential and Rental Market Dynamics

From an investment perspective, HDB flats at 329 Clementi Avenue 2 present compelling opportunities within the affordable rental segment. The development's location near a major MRT interchange ensures consistent tenant demand from commuters, relocating professionals, and extended-family renters seeking temporary or medium-term accommodation. The compact unit sizes and practical layouts align well with the preferences of younger demographics and smaller households, which constitute a significant proportion of Singapore's rental market. Investors evaluating yields should factor in the robust rental demand typically observed in Clementi, driven by the area's transport accessibility, established amenities, and competitive pricing relative to newer, more distant developments.

The Clementi precinct has demonstrated resilient rental market fundamentals across economic cycles, supported by consistent demand from the substantial resident population and steady inflows of migrating families and professionals. Gross rental yields for HDB units in this vicinity typically range between 4% and 6%, though individual outcomes depend on specific unit configurations, lease duration, and market cycle timing. Investors considering purchases at 329 Clementi Avenue 2 should conduct thorough due diligence on comparable recent transactions to establish realistic yield expectations and assess whether entry prices align with long-term return objectives.

Capital Appreciation and Market Positioning

The capital appreciation narrative for 329 Clementi Avenue 2 is underpinned by several structural factors. The development's proximity to Clementi MRT Station provides a durable competitive advantage; MRT-adjacent properties consistently command pricing premiums and demonstrate superior long-term value retention compared to developments located further from transit nodes. As Singapore's population remains concentrated in established precincts with mature infrastructure, the relative scarcity of HDB units near major MRT stations continues to support valuation growth. Additionally, the Clementi area has benefited from broader West Zone development initiatives, including the master-planning of the Jurong Lake District and improved transport connectivity, which generate positive spillover effects on surrounding residential properties.

Buyers and investors should contextualise 329 Clementi Avenue 2 within the broader HDB resale market trajectory. HDB prices in established precincts with strong MRT connectivity have historically appreciated at moderate but consistent rates, particularly when properties are maintained to acceptable standards and remain tenantable throughout market cycles. Whilst annual appreciation rates may be modest compared to private residential developments, the combination of affordability, consistent rental demand, and capital preservation renders HDB investments suitable for conservative, income-oriented portfolio strategies.

Suitability for Different Buyer Profiles

329 Clementi Avenue 2 appeals to a broad spectrum of buyer and tenant profiles. First-time homebuyers benefit from the development's affordable entry price points, proximity to amenities and transport, and stable neighbourhood character. Upgrading families seeking to trade up from smaller units find that the Clementi location offers compelling value, superior transport connectivity, and access to schools and healthcare compared to more peripheral estates. Young couples and professional households value the convenience of MRT proximity and the cosmopolitan lifestyle supported by the area's commercial and recreational facilities.

Property investors regard 329 Clementi Avenue 2 as a dependable income-generating asset within the affordable rental segment. The combination of consistent tenant demand, established market infrastructure, and MRT accessibility creates a low-friction investment proposition with predictable returns. Portfolio investors seeking geographic diversification across Singapore's HDB precincts recognise the Clementi area as a proven, mature market with deep tenant pools and stable occupancy patterns. Owner-investors—individuals purchasing their second residential property to generate rental income—should carefully assess ABSD implications and financing costs, which are addressed in detail below.

Transportation, Connectivity, and Demand Dynamics

The five-minute walk to Clementi MRT Station (EW23) remains the paramount locational advantage of 329 Clementi Avenue 2. This unparalleled transport accessibility generates sustained demand across all tenant and buyer demographics. Professionals working in the CBD benefit from direct, efficient commutes; secondary school students enjoy rapid access to educational institutions across Singapore; and leisure-focused residents appreciate the ability to explore the wider city without automotive dependence. Such transport efficiency directly translates into rental demand resilience and capital value stability, as properties near major MRT interchanges consistently remain in demand even during market downturns or broader demographic shifts.

The East-West Line itself constitutes one of Singapore's busiest transport arteries, connecting the highly developed West Zone to central business districts, secondary employment nodes, and interchange hubs. This high-frequency, high-reliability service ensures that residents and tenants at 329 Clementi Avenue 2 enjoy not merely marginal transport convenience but rather a fundamental lifestyle and economic advantage. Property valuations in the Clementi precinct reflect this transport premium, and capital appreciation tends to outpace developments located several kilometres further from MRT corridors.

Market Comparisons and Positioning

When evaluating 329 Clementi Avenue 2 in context, prospective buyers and investors should examine comparable HDB transactions across the Clementi estate and immediately adjacent precincts. Recent resale data typically reveals price-per-square-foot metrics that vary based on unit size, floor level, remaining lease duration, and view characteristics. The Clementi precinct generally commands price-per-square-foot figures in the mid-range relative to other West Zone HDB estates, reflecting the balance between accessibility and supply maturity. Comparing transaction data from recent months provides insight into whether current offerings at 329 Clementi Avenue 2 represent fair value relative to the broader market.

Neighbouring HDB developments along Clementi Avenue and the Clementi estate more broadly demonstrate comparable pricing patterns and rental market characteristics, though individual developments may exhibit differentiation based on building age, renovation status, accessibility to specific amenities, or lease remaining. Investors should benchmark 329 Clementi Avenue 2 pricing against these comparables to establish whether purchase costs align with expected rental yields and capital appreciation trajectories within the Clementi market segment.

Frequently Asked Questions

What rental yield can an investor realistically expect from purchasing an HDB unit at 329 Clementi Avenue 2?

Gross rental yields for HDB flats at 329 Clementi Avenue 2 typically fall within the 4–6% range, depending on specific unit configuration, lease remaining, and entry purchase price. The Clementi precinct has historically demonstrated robust rental demand owing to its established character, proximity to Clementi MRT Station, and mature amenity ecosystem. Investors should conduct transaction analysis of comparable recent lettings in the area to establish realistic yield expectations specific to unit types of interest and adjust for maintenance contributions, property tax, and potential void periods. The compact unit sizes and practical layouts at this development align well with the younger demographic and smaller household segments that constitute significant portions of Singapore's rental market, potentially supporting above-average occupancy rates and demand stability.

How do recent price-per-square-foot transactions at 329 Clementi Avenue 2 compare to neighbouring Clementi HDB estates?

The Clementi precinct generally exhibits mid-range price-per-square-foot valuations within the West Zone HDB market, reflecting the balance between premium MRT accessibility and supply maturity across the established estate. Recent resale transactions at 329 Clementi Avenue 2 and comparable Clementi Avenue properties typically reveal price-per-square-foot metrics that vary by unit size, floor level, and remaining lease, but cluster within a relatively narrow band relative to other Clementi developments. Prospective buyers should examine transaction records from the past three to six months to establish whether current asking prices align with recent market activity, adjusting for variations in unit configuration and view characteristics. Such benchmarking exercise is essential for assessing whether entry prices represent fair value relative to alternatives available within the Clementi estate or nearby precincts such as Bukit Timah or Boon Lay.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase 329 Clementi Avenue 2 as a second residential property?

Singapore Citizens purchasing a second residential property—including an HDB unit at 329 Clementi Avenue 2—are subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. This duty is applied on top of standard buyer's stamp duty and significantly increases the total cost of acquisition. For example, a purchase priced at S$450,000 would attract ABSD of approximately S$90,000, materially affecting the investment's overall cost basis and required capital outlay. Investors must factor ABSD into their financial planning and yield calculations; the duty effectively raises the entry cost and consequently lowers gross percentage returns unless anticipated capital appreciation or rental income proves sufficiently robust to offset this additional friction cost. Understanding ABSD implications is critical for portfolio investors and owner-investors evaluating whether purchasing at 329 Clementi Avenue 2 represents efficient capital deployment relative to alternative investments.

Does 329 Clementi Avenue 2 carry lease decay risk, and how might remaining lease duration impact resale value?

As an HDB development, units at 329 Clementi Avenue 2 are offered on lease tenures of either 99 years or 999 years, depending on specific unit composition. The 99-year lease model, whilst standard for many HDB flats, does introduce lease decay risk over extended holding periods; properties with remaining lease below approximately 60 years typically experience accelerated valuation decline as financing becomes constrained and buyer pools contract. Investors and owner-occupiers should ascertain the remaining lease duration of units under consideration and factor potential valuation impacts into long-term financial projections. Conversely, units with 999-year leases or Freehold status eliminate lease decay concerns entirely and may command slight valuation premiums reflecting reduced long-term risk. For medium-term investments—holding periods of 5–10 years—lease decay impact may remain modest, but longer-horizon investors should prioritise units with extended lease duration to ensure sustained capital value preservation.

How does proximity to Clementi MRT Station (EW23) affect long-term demand and capital appreciation at 329 Clementi Avenue 2?

Proximity to Clementi MRT Station (EW23) constitutes the paramount locational advantage of 329 Clementi Avenue 2, directly supporting sustained rental demand and capital value resilience. The five-minute walk to the station ensures that the development remains attractive across economic cycles and demographic shifts, as transport accessibility is rarely displaced as a primary residential value driver. Properties near major MRT interchanges historically demonstrate superior capital appreciation compared to developments located several kilometres from transit nodes; this transport premium persists even during broader market downturns. The East-West Line itself serves as one of Singapore's busiest transit arteries, connecting the West Zone to central employment districts and secondary business nodes, further reinforcing demand stability. Long-term investors should recognise that MRT proximity—particularly at an established station like Clementi with high-frequency service—provides a durable hedge against locational obsolescence and supports both rental appeal and eventual resale potential.

Is 329 Clementi Avenue 2 suitable for first-time homebuyers, upgraders, or primarily investor-focused?

329 Clementi Avenue 2 possesses broad appeal across multiple buyer profiles, though each category should evaluate the development within their specific circumstances. First-time homebuyers benefit from the affordable entry price points, proximity to amenities and transport, and stability of an established neighbourhood; the development provides a practical springboard into homeownership without the premium pricing associated with newer or private residential alternatives. Upgrading families find that the Clementi location offers compelling value, superior MRT connectivity, and access to schools and healthcare compared to more peripheral HDB estates, making it an attractive intermediate or final residence. Property investors recognise 329 Clementi Avenue 2 as a dependable income generator within the affordable rental segment, offering consistent tenant demand and predictable returns. Owner-investors purchasing their second residential property must carefully model ABSD implications, financing costs, and yield expectations to ensure the investment aligns with portfolio objectives; such detailed analysis is essential before committing capital.

What TDSR and financing headroom considerations apply to typical purchase prices at 329 Clementi Avenue 2?

Total Debt Servicing Ratio (TDSR) regulations impose a maximum threshold of 55% on borrowers' total outstanding debt obligations relative to gross monthly income; this constraint directly limits the maximum loan amount available for purchasing at 329 Clementi Avenue 2 and therefore the effective purchase capacity. At representative price points for the development—for example, S$400,000 to S$500,000—the required down payment and mortgage service charges translate into specific income thresholds necessary to pass TDSR assessment. Prospective buyers should engage with financial advisors or mortgage brokers to model their specific TDSR position and determine the maximum loan quantum available; this exercise is essential for identifying affordable price ranges and ensuring financing capacity aligns with acquisition objectives. Second-time property buyers must also account for the 25% Minimum Equity Required (MER) imposed by the Housing & Development Board, which further constrains financing flexibility and requires larger down payments than first-time purchasers typically deploy.

How does 329 Clementi Avenue 2 compare to competing developments in nearby precincts such as Boon Lay, Bukit Timah, or other West Zone locations?

329 Clementi Avenue 2 occupies a competitive mid-range position within the West Zone HDB market, balancing established amenity access, proven transport connectivity, and mid-market pricing. Competing developments in neighbouring Boon Lay offer similar affordability and West Zone location benefits but may lack Clementi's distinctive MRT proximity or commercial vibrancy; Bukit Timah developments, whilst well-regarded, often command modest premiums reflecting their upmarket character and premium school catchments. The Clementi precinct itself has undergone gradual enhancement through regional initiatives including the Jurong Lake District master-plan, which generates positive spillover effects on surrounding residential properties. Investors and buyers comparing 329 Clementi Avenue 2 to alternatives should weigh rental demand fundamentals, recent transaction pricing-per-square-foot metrics, and long-term capital appreciation potential specific to each competing location; such comparative analysis ensures that purchase decisions reflect relative value rather than absolute price points alone.

Which unit stack or floor levels at 329 Clementi Avenue 2 offer optimal value and desirability within the development?

Within HDB developments such as 329 Clementi Avenue 2, unit positioning and floor level influence both pricing and tenant appeal. Mid-level floors (typically levels 3–5) often command premium pricing whilst delivering moderate additional value; ground and first-floor units may experience marginal pricing discounts but appeal to mobility-impaired residents and families with young children who prefer minimal stair negotiation. Higher floors (levels 7 and above) typically command steeper premiums reflecting reduced noise exposure and enhanced views, though such incremental value gains may not justify proportional price increases for cost-conscious buyers or yield-focused investors. Low-rise developments like many Clementi HDB blocks benefit from accessible stairwell and lift arrangements; investors seeking to optimise rental yield rather than capital appreciation should analyse tenant preference patterns within the development to identify which floor levels consistently attract higher demand or rental rates. Such micro-level analysis often reveals that mid-level or intermediate floor positions deliver superior risk-adjusted returns relative to premium floor positions whose price premiums may exceed rational rental value increments.

What is the future supply pipeline for HDB developments in the Clementi district, and how might new supply affect 329 Clementi Avenue 2's long-term value?

The Clementi precinct and broader West Zone have reached a state of relative residential maturity, with limited remaining land availability for large-scale new HDB estate development. Whilst the Housing & Development Board periodically releases infill or rejuvenation projects, the quantum of incremental supply entering the Clementi market is modest relative to the established resident base and rental demand. Future supply implications for 329 Clementi Avenue 2 are therefore generally benign; the development's proximity to Clementi MRT and established amenities position it favourably even if incremental new units are released in the vicinity, as transport accessibility and maturity remain non-replicable competitive advantages. Conversely, the constrained supply environment in mature precincts such as Clementi supports long-term capital value resilience, as demand growth outpaces new unit delivery. Investors with extended holding horizons should recognise that supply tightness in established precincts creates favourable conditions for capital appreciation, particularly if rental demand continues to exceed available unit inventory.

Hdb Flat At 329 Clementi Avenue 2 — From S$1,650