Type

Units

Min Area

Price Range

2 BR

721 sqft

S$460K

3 BR

990 sqft

S$630K

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$460K to S$630K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$92,000 on this acquisition.
Located 5 min (420 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.

330 Clementi Avenue 2: A Mature HDB Development in Singapore's West Region

330 Clementi Avenue 2 stands as an established residential address in Clementi, one of Singapore's most vibrant and mature housing precincts. Located in the West Region, this HDB development benefits from decades of infrastructure investment, community maturity, and consistent demand from both owner-occupiers and investors seeking stability and proven rental appeal. The development forms part of the broader Clementi precinct, which has evolved into a mixed-use neighbourhood combining residential, commercial, and recreational spaces that serve multiple generations of Singaporeans.

The location's strength lies in its comprehensive transport connectivity. Clementi MRT Station (EW23) is situated approximately 420 metres away—a walkable distance of roughly 5 minutes on foot—providing direct access to the East-West Line. This proximity to a major MRT hub significantly enhances accessibility across the island, making commutes to the CBD, east coast, and northern regions straightforward. The station itself serves as a transport interchange and commercial hub, with multiple bus services extending reach to neighbouring areas and industrial zones across the region.

Design and Unit Configurations

Units at 330 Clementi Avenue 2 reflect practical HDB design principles tailored to contemporary living standards. The development encompasses multiple bedroom configurations, ranging from compact 2-bedroom layouts through to larger family units, each designed to maximise functional living space. Individual units span approximately 721 square feet in the 2-bedroom category, with layouts that segregate sleeping quarters from communal living areas to support both professional working-from-home requirements and family living patterns. The floor-to-ceiling heights and window placement typical of this estate's era allow for natural ventilation and daylighting, reducing reliance on mechanical cooling during cooler months.

Bathrooms are appointed to modern HDB standards, with each unit featuring at least two wet points to accommodate household routines across multiple occupants. Kitchen layouts follow practical work triangles, with provisions for both built-in and free-standing appliances depending on individual preference. The consistency of architectural language across the estate creates a cohesive streetscape that has aged gracefully, maintaining structural integrity and aesthetic appeal across the decades.

Neighbourhood and Surrounding Amenities

Clementi as a residential precinct has matured into a self-contained community with substantial retail, dining, and leisure infrastructure. The Clementi Central hub, located within easy reach, hosts supermarket chains, specialty retailers, restaurants ranging from hawker food courts to table-service establishments, and entertainment venues. This density of amenities means residents require minimal motorised transport for daily errands, supporting both sustainability and household convenience.

Educational institutions in the surrounding area cater to school-age children, including primary and secondary schools within the estate's catchment. Healthcare facilities, including polyclinics and private medical practices, are distributed throughout Clementi and the adjoining Bukit Timah planning area. Recreational spaces encompass parks, community centres, and sports facilities operated by the People's Association, fostering active community engagement and youth programming.

Investment Potential and Rental Market

330 Clementi Avenue 2 presents meaningful investment opportunities for those seeking stable rental yields in an established location. The maturity of the neighbourhood, combined with reliable tenant demand from young professionals, students, and expatriate families, supports consistent rental enquiry across unit types. Estimated gross rental yields in the Clementi precinct typically range between 2.5% to 3.5% annually, depending on unit size, condition, and tenancy terms negotiated. This yield profile, when paired with long-term capital appreciation stemming from infrastructure development and population growth, justifies acquisition for income-generating portfolios.

The resident profile in Clementi attracts quality tenants with stable employment, reducing vacancy risk and enabling property managers to maintain disciplined rent collection. Short-term furnished lettings to expatriate executives on rotational assignments have also gained traction in recent years, commanding premium rates relative to traditional family rentals. Investors evaluating 330 Clementi Avenue 2 should consider historical transaction volumes in the estate and average days-on-market data to model realistic absorption timelines.

Pricing and Market Positioning

Current asking prices for units at 330 Clementi Avenue 2 begin from around S$460,000, positioning the development competitively within the broader HDB resale market for similar vintage and specifications. Price per square foot metrics for comparable 2-bedroom units in Clementi typically cluster between S$600 to S$700 per square foot, reflecting the estate's location advantage and demographic demand. Prospective buyers should benchmark recent transacted prices in the immediate vicinity using public housing data to verify alignment with prevailing market sentiment and establish informed negotiating parameters.

The pricing reflects a mature property stage where supply is largely fixed, meaning capital appreciation is driven by enduring location fundamentals rather than ongoing development cycles. For upgraders moving from HDB to HDB, or investors seeking entry points into West Region residential real estate, the development's pricing sits within the rational range supported by comparable sales data and tenant economics.

Leasehold Tenure and Long-Term Value Considerations

All HDB flats are held on 99-year leasehold tenure from the original date of grant. For units at 330 Clementi Avenue 2, it is critical for prospective buyers to verify the exact remaining lease period, as leasehold decay impacts both financing eligibility and long-term resale demand. Properties with fewer than 70 years remaining on the lease face escalating difficulty in securing home loans, as many financial institutions apply loan-to-value haircuts or outright declining thresholds below this point. Similarly, rental appeal may compress as the lease falls below the 60-year mark, reducing tenant appetite and yield sustainability.

Buyers contemplating decade-long ownership horizons should factor lease decay trajectories into their projections. Whilst the Housing and Development Board does offer lease extension exercises in certain circumstances, these involve complex application timelines and financial outlay. Early evaluation of remaining lease duration—available through HDB's official records—is therefore essential before committing to acquisition.

Financing and Buyer Eligibility

HDB flat purchases by Singapore Citizens or Permanent Residents proceed through distinct financing pathways. First-time buyers benefit from concessional loan schemes and enhanced housing grants, reducing cash outlays for down-payments and closing costs. Upgraders moving from HDB to HDB retain access to subsidised financing but face separation rules if selling their prior unit within stipulated timeframes. Investors purchasing a second residential property will encounter Additional Buyer's Stamp Duty (ABSD) at 20%, payable on the acquisition price, which materially affects total outlay and return-on-investment calculations.

Debt-to-Service Ratio (TDSR) limits cap total household debt servicing at 60% of gross income, including the prospective HDB mortgage. At price points around S$460,000 with standard 25-year amortisation, monthly mortgage servicing approximates S$1,800 to S$2,000 depending on loan tenure and interest rates, necessitating household income levels of roughly S$36,000 to S$40,000 monthly to clear TDSR thresholds comfortably. Buyers with existing liabilities—car loans, credit facilities, or prior mortgages—must account for cumulative servicing loads when assessing financing headroom.

Comparative Market Position

Clementi estates compete directly with neighbouring precincts including Bukit Timah, Jalan Jurong Kechil, and Dover. Price differentials between these areas often reflect minor variations in MRT proximity, amenity density, and perceived prestige. 330 Clementi Avenue 2's advantage stems from direct Clementi MRT access and established retail-entertainment infrastructure, offsetting any perception of lower status relative to larger landed-property precincts. For buyers prioritising transport connectivity and walkable neighbourhoods over large private gardens, Clementi offers superior value propositions.

Newer HDB precincts in the North and East regions (such as Punggol and Tampines) may offer larger units at comparable price points, but these locations entail longer commutes to the CBD and central business districts. The trade-off between space and location accessibility is a core decision point for buyers evaluating 330 Clementi Avenue 2 against alternative options.

Future Considerations and Market Outlook

The West Region's infrastructure pipeline includes ongoing MRT extensions, park connectors, and district-level commercial development intended to enhance livability and economic activity. Clementi's position as a well-established neighbourhood insulates it from disruptive redevelopment risk, but also constrains dramatic capital appreciation scenarios. Properties here serve as stable, inflation-resistant holdings rather than speculative flip opportunities, suiting risk-averse investors and long-term owner-occupiers.

Demographic trends favouring smaller household sizes and the growing prevalence of mixed-generational living arrangements have sustained demand for 2-bedroom and 3-bedroom HDB units across Singapore. 330 Clementi Avenue 2's mix of configurations positions it well to capture this ongoing demand, supporting stable occupancy rates for investors and resilient resale liquidity for owner-occupiers planning future moves.

Frequently Asked Questions

What is the estimated gross rental yield for investors purchasing at 330 Clementi Avenue 2?

Gross rental yields for HDB units in the Clementi precinct typically range between 2.5% to 3.5% annually, depending on unit configuration, interior condition, and lease terms negotiated with tenants. For a 2-bedroom unit priced around S$460,000, this translates to annual rental income of approximately S$11,500 to S$16,100 before expenses such as maintenance fees, property tax, and management outlays. The Clementi neighbourhood attracts quality tenants including young professionals, students, and expatriate families, supporting consistent demand and reducing vacancy risk. Investors should cross-reference these yield estimates against comparable units recently let in the same estate to calibrate expectations and verify alignment with market realities.

How does the pricing at 330 Clementi Avenue 2 compare to recent price-per-square-foot transactions in Clementi?

Recent HDB transactions in Clementi typically command prices between S$600 to S$700 per square foot for 2-bedroom units of comparable vintage and condition. At 721 square feet, a unit priced around S$460,000 translates to approximately S$638 per square foot, positioning it within the mid-to-upper range of prevailing market rates for the estate. Price-per-square-foot metrics fluctuate based on unit orientation, floor level, remaining lease duration, and renovation condition, so individual units may trade above or below this average. Prospective buyers should consult publicly available HDB transaction data and engage valuation professionals to benchmark specific units before committing to offers.

What is the Additional Buyer's Stamp Duty (ABSD) impact for second-property investors at 330 Clementi Avenue 2?

Singapore Citizens purchasing a second residential property face Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the acquisition price. For a unit at 330 Clementi Avenue 2 priced at S$460,000, ABSD liability would approximate S$92,000, materially increasing total acquisition cost and affecting net yield calculations. This duty is payable upon completion of the transaction and is non-recoverable, meaning investors must factor this into down-payment planning and overall investment returns modelling. Permanent Residents and foreign buyers face even higher ABSD rates, making HDB investment less attractive for these cohorts compared to private residential properties.

What is the remaining lease period at 330 Clementi Avenue 2, and how does lease decay affect resale value?

HDB flats are held on 99-year leasehold tenure from the original date of grant. The exact remaining lease duration at 330 Clementi Avenue 2 depends on the construction completion date; prospective buyers must verify this through HDB's official records before purchase. Leasehold decay becomes a material concern once remaining tenure falls below 70 years, as financial institutions apply loan-to-value haircuts and may decline mortgage applications entirely. Below 60 years remaining, rental appeal compresses significantly as tenants perceive increased depreciation risk, reducing both tenant quality and achievable rental rates. Buyers planning to hold the property long-term should prioritise units with substantially higher remaining lease periods to avoid future financing and liquidity constraints.

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

Clementi MRT Station (EW23) is located approximately 420 metres from 330 Clementi Avenue 2, equivalent to a 5-minute walk, which is considered excellent transport accessibility by Singapore standards. Direct MRT access significantly enhances demand from commuters working across the island, particularly in the CBD, eastern regions, and northern employment clusters, supporting both rental enquiry and owner-occupier uptake. Properties within walking distance of major MRT stations typically command price premiums of 10% to 15% relative to non-connected locations, reflecting the transportation convenience premium and reduced reliance on private vehicles. Historical capital appreciation in well-MRT-connected precincts has outpaced isolated locations, supporting long-term wealth accumulation for patient investors and upgraders.

Is 330 Clementi Avenue 2 suitable for first-time buyers, upgraders, and investors?

The development serves multiple buyer cohorts effectively. First-time buyers benefit from HDB's concessional loan schemes and housing grants, whilst the Clementi location's established maturity and walkable neighbourhood appeal to young families seeking stability and convenience. Upgraders moving from HDB to HDB retain access to subsidised financing and can leverage home improvement funds if applicable, making the development an accessible next step on the property ladder. Investors appreciate the established tenant demand, consistent rental economics, and transparent market comparables available for HDB properties, reducing due-diligence complexity relative to private residential acquisitions. However, investors must factor the 20% ABSD liability and evaluate whether projected rental yields justify this additional cost relative to alternative investment vehicles.

What TDSR and financing headroom does 330 Clementi Avenue 2 require at typical price points?

At a typical price point of S$460,000 over a 25-year HDB loan tenure, monthly mortgage servicing approximates S$1,800 to S$2,000 depending on prevailing interest rates and individual credit profiles. Singapore's Debt-to-Service Ratio (TDSR) limits cap total household debt servicing at 60% of gross income, meaning prospective buyers require household income of approximately S$36,000 to S$40,000 monthly to clear this threshold comfortably and retain financial flexibility. Buyers with existing liabilities—car loans, credit cards, or prior mortgages—must deduct these from available servicing capacity, potentially reducing purchasing power or necessitating larger down-payments to reduce loan quantum. First-time buyers should engage financial advisors to model personal TDSR positions and confirm financing eligibility before making offers.

How does 330 Clementi Avenue 2 compare to competing developments in nearby precincts such as Bukit Timah or Dover?

Clementi, Bukit Timah, and Dover form a contiguous West Region cluster with overlapping buyer demographics and comparable pricing bands. Clementi's primary competitive advantage is direct MRT station proximity and established commercial-retail infrastructure, reducing resident dependence on motorised transport. Bukit Timah offers larger land parcels and lower-density living in certain pockets, appealing to families prioritising privacy and garden space, but lacks direct MRT connectivity. Dover and surrounding areas occupy intermediate positioning with variable transport access and mixed retail vibrancy. Price differentials between these precincts typically reflect 5% to 10% variations, with MRT-connected locations commanding premiums. Buyers must weigh location accessibility, neighbourhood maturity, and lifestyle preferences when comparing 330 Clementi Avenue 2 to alternatives.

Which unit stack or floor level at 330 Clementi Avenue 2 offers the best value proposition?

Unit value at HDB developments typically correlates with floor level, with mid-to-upper floors (10th to 20th storeys) commanding premiums of 3% to 7% relative to lower floors due to reduced noise exposure, improved ventilation, and enhanced privacy from street-level activity. However, ground-floor and lower-level units (1st to 5th storeys) appeal to elderly residents and families with young children seeking reduced elevator dependency and stair climbing, sometimes trading at modest discounts. Mid-stack units (8th to 12th floor) often represent optimal value, balancing premium-level benefits against reasonable price points. Individual unit layouts, natural light exposure, and views also influence value; corner units and those facing parks or quieter streets typically outperform interior-facing alternatives at equivalent floor levels. Prospective buyers should physically inspect multiple units across different stacks before finalising purchase decisions.

What future supply pipeline exists in the West Region, and how might this affect 330 Clementi Avenue 2's long-term appreciation?

The West Region's future HDB supply pipeline includes ongoing Build-to-Order (BTO) projects in areas such as Tengah and Bukit Timah, introducing new inventory at competitive price points. However, 330 Clementi Avenue 2's established location and MRT connectivity insulate it from direct disruption by new greenfield developments, which typically attract first-time buyers rather than upgraders seeking move-up properties. The Singapore government's focus on intensifying urban areas and transport-oriented development means Clementi's infrastructure advantage will likely strengthen relative to outlying precincts. Long-term capital appreciation prospects remain stable rather than explosive, supporting wealth preservation and inflation-hedging rather than speculative gains. Investors prioritising steady income generation and low-volatility holdings will find the development's maturity appealing despite modest appreciation outlooks compared to emerging precincts.

[For Sale] Hdb Flat At 330 Clementi Avenue 2 — From S$460K