Type

Units

Min Area

Price Range

2 BR

731 sqft

S$3,300/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,300.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$660 on this acquisition.
Located 7 min (550 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.

345 Clementi Avenue 5: A Mature HDB Development in Singapore's Established Clementi Estate

345 Clementi Avenue 5 represents a well-established HDB residential development located within the heart of Singapore's Clementi estate. Situated approximately 550 metres from EW23 Clementi MRT Station, this development offers convenient access to the broader East-West Line network, making it an attractive option for commuters seeking a balance between affordability and transport accessibility. The property stands as part of Clementi's broader residential fabric, a mature neighbourhood that has developed over decades into one of Singapore's most sought-after public housing enclaves.

The development comprises units of varying configurations, with notable availability in the two-bedroom category offering approximately 731 square feet of internal floor space. Each unit features two bathrooms, a layout that caters to modern living preferences and enhances the property's appeal to families, young professionals, and downsizing seniors alike. The floor area provides sufficient room for comfortable day-to-day living whilst maintaining practical maintenance and utility costs typical of HDB properties in this size range.

Location and Transport Connectivity

The proximity to Clementi MRT Station represents a significant advantage for residents of 345 Clementi Avenue 5. At approximately seven minutes' walking distance, the station serves as an anchor point for daily commuting across Singapore's wider transport network. The East-West Line offers direct connections to central business districts, major employment hubs, and educational institutions, reducing reliance on private transport and making the development particularly attractive to working professionals and students. Beyond the MRT, the estate benefits from comprehensive bus services that serve local and interdistrict routes, creating a multi-modal transport environment.

Clementi's location in the western region of Singapore positions it as a natural residential hub for those employed in areas such as Jurong, Bukit Merah, and the city centre. The travel times from 345 Clementi Avenue 5 to major business nodes remain competitive compared to private housing in equivalent locations, a factor that maintains steady demand within the HDB segment of this market.

Neighbourhood Amenities and Lifestyle

The Clementi estate has matured into a self-contained residential community with diverse amenities catering to day-to-day needs. Residents of 345 Clementi Avenue 5 enjoy access to shopping centres, hawker centres, dining establishments, and recreational facilities distributed throughout the neighbourhood. The presence of established primary and secondary schools, medical clinics, and community centres creates an ecosystem that supports families at various life stages. These amenities, accumulated over the estate's long history, contribute to the development's appeal as a complete residential environment rather than a dormitory location.

Parks and green spaces within the estate provide recreational outlets for fitness enthusiasts and families with young children, whilst the neighbourhood's maturity ensures that basic services—groceries, healthcare, childcare—are readily available without excessive travel distances. This infrastructure stability differentiates established estates like Clementi from younger developments still building out their amenity base.

Property Specifications and Unit Configuration

The two-bedroom configuration at 345 Clementi Avenue 5 represents one of the most versatile unit types within Singapore's HDB segment. The approximately 731 square feet of floor space accommodates a living area, separate kitchen, two bedrooms, and two bathrooms—a layout that supports diverse household compositions. First-time buyers favour this size for its balance of space and affordability, whilst investors often view such units as reliable rental assets given strong tenant demand for compact family or professional-couple accommodation in well-connected areas.

The dual bathroom arrangement adds practical value, particularly for households with multiple occupants or where guests require additional facilities. This specification lifts the development's appeal above smaller two-bedroom units that feature only a single bathroom, a distinction that becomes apparent when comparing recent transaction data across Clementi's HDB stock.

Investment Potential and Market Positioning

345 Clementi Avenue 5 occupies a secure position within Singapore's HDB investment landscape. The combination of established location, reliable MRT connectivity, and consistent neighbourhood demand creates conditions favourable to capital stability and modest appreciation over time. HDB properties in mature estates rarely experience sharp value volatility, as the supply of such units remains relatively stable and tenant demand remains anchored to transport proximity and affordability.

Investors considering 345 Clementi Avenue 5 should factor in the current HDB market dynamics: sustained interest from upgraders exiting smaller properties, continued rental demand from professionals seeking affordable accommodation near employment nodes, and the absence of major new HDB supply directly competing with this estate in the immediate vicinity. These conditions support a predictable investment thesis, though appreciation rates tend to moderate as properties approach higher ages and as lease decay becomes a consideration in resale valuations.

Market Comparables and Pricing Context

Recent transaction activity in Clementi indicates steady pricing for two-bedroom HDB units, with per-square-foot values reflecting the estate's established character and transport access. Properties within 345 Clementi Avenue 5 trade within a range consistent with comparable developments in the immediate neighbourhood, neither commanding premium pricing nor trading at discounts that suggest underlying weakness. This consistency reinforces the property's positioning as a stable, liquid asset within the HDB segment—characteristics valued by both owner-occupiers and investors seeking to avoid speculative territory.

The development's specific street location and proximity to Clementi MRT Station position it within the middle tier of Clementi's pricing spectrum, with other developments at varying distances from the station and amenities commanding correspondingly different valuations. This stratification provides context for understanding where 345 Clementi Avenue 5 sits relative to the broader estate market.

Lease Duration and Resale Considerations

HDB properties such as those at 345 Clementi Avenue 5 are invariably held under leasehold tenure, the standard for all public housing in Singapore. Understanding the lease duration and its trajectory is essential for long-term ownership planning. As leases age, their impact on property valuation becomes increasingly material, a dynamic that affects both current pricing and future resale prospects. Prospective buyers should verify the current remaining lease period for any unit under consideration, as this directly influences financing eligibility, resale value expectations, and the timeline for potential upgrading decisions.

The HDB's Fresh Start scheme and other lease-extension or upgrading programmes exist to mitigate lease decay impacts, but these programmes operate within specific guidelines and timelines. Buyers of 345 Clementi Avenue 5 should factor lease age into their investment horizon and resale strategy, particularly if purchasing with a view to holding the property for extended periods.

Financing and Buyer Eligibility

HDB properties at 345 Clementi Avenue 5 remain accessible to a broad spectrum of Singapore's resident population, subject to HDB's eligibility criteria and financing parameters. First-time buyers, upgraders, and investors each navigate distinct regulatory pathways, with implications for purchase restrictions, financing quantum, and timing. The property's established market positioning means that typical financing quantum and terms remain predictable, without the volatility sometimes observed in newer or more speculative projects.

Prospective buyers should engage with HDB's current guidelines regarding citizen eligibility, household income thresholds, and loan-to-value ratios, as these parameters shift periodically in response to broader housing policy objectives. The development's location and specifications position units within straightforward financing territory, without the complexity sometimes encountered in niche or newly-launched properties.

Frequently Asked Questions

What rental yield might an investor expect from purchasing a two-bedroom unit at 345 Clementi Avenue 5?

HDB rental yields in established estates like Clementi typically range between 2.5% and 3.5% gross annual yield, depending on precise unit location within the block, floor level, and orientation. Two-bedroom units at 345 Clementi Avenue 5 benefit from consistent tenant demand owing to proximity to Clementi MRT Station and the estate's established reputation as a commuter-friendly neighbourhood. However, rental yield is affected by the absolute purchase price, lease age, and the competitive rental landscape—newer apartments or those in younger estates sometimes command higher unit rents but at proportionally higher purchase costs, offsetting the yield advantage. Investors should model yields conservatively, accounting for void periods, maintenance reserves, and the fact that HDB rental markets tend toward moderate, stable growth rather than sharp appreciation.

How does the per-square-foot pricing of 345 Clementi Avenue 5 compare to recent transactions in the Clementi area?

Recent two-bedroom HDB transactions in Clementi have ranged approximately S$4,500 to S$5,500 per square foot, reflecting the estate's maturity, MRT connectivity, and buyer demand profile. 345 Clementi Avenue 5, positioned within walking distance of Clementi MRT Station, typically trades within this range, neither commanding premium pricing relative to similar proximity units nor trading at discounts suggesting underlying deficiency. The specific floor level, facing direction, and any renovation status of individual units create variation around this central range. Prospective buyers should examine recent arm's-length transactions for units at similar distances from the MRT and in comparable block configurations to establish fair-value benchmarks for units available at 345 Clementi Avenue 5.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing a second residential property at 345 Clementi Avenue 5?

A Singapore Citizen acquiring a second residential property incurs Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the property's purchase price. For a two-bedroom unit at 345 Clementi Avenue 5 purchased at a typical Clementi price point, this ABSD cost represents a material outlay in addition to standard conveyancing fees, legal costs, and mortgage financing. ABSD is payable within fourteen days of the Inland Revenue Authority of Singapore (IRAS) issuing the assessment notice, creating a significant cash-flow consideration during the settlement phase. Second-property investors should factor this 20% ABSD into their overall investment thesis, as it substantially impacts the effective purchase price and affects yield calculations and the timeline for capital recovery relative to first-property purchases.

What lease-decay risks should buyers of 345 Clementi Avenue 5 consider, and how might this affect resale value?

HDB properties operate under leasehold tenure with statutory 99-year lease periods (occasionally longer on older developments), and lease decay becomes an increasingly material resale consideration as remaining tenure falls below seventy years. The impact accelerates sharply once lease tenure drops below sixty years, at which point financing eligibility contracts, eligible buyer pools shrink, and valuation multiples compress. For 345 Clementi Avenue 5, buyers should determine the current remaining lease term for any unit under consideration and model forward to understand when lease decay might begin to materially constrain resale options. The HDB's upgrading and lease-extension initiatives exist to mitigate decay impacts, but these programmes have specific eligibility windows and are not universally available, making lease age a critical due-diligence item for medium to long-term ownership planning.

How does proximity to Clementi MRT Station affect demand and capital appreciation for units at 345 Clementi Avenue 5?

MRT proximity represents one of the most durable demand drivers for HDB properties, and Clementi MRT Station's East-West Line connectivity creates sustained appeal for commuters across multiple employment corridors. 345 Clementi Avenue 5, situated approximately seven minutes' walking distance from the station, benefits from this advantage without commanding the premium prices sometimes applied to units in the immediate station precinct. Historical data from Clementi and comparable mature estates demonstrates that MRT-adjacent properties exhibit more resilient resale velocity and more predictable capital appreciation compared to estate units located further from transit. However, as new transport infrastructure develops (such as adjacent MRT extensions or alternative transit modes), the relative value of current MRT proximity may shift; investors should monitor the broader transport development pipeline in the western region to contextualise long-term value prospects.

Is 345 Clementi Avenue 5 suitable for first-time buyer, upgrader, or investor profiles, and why?

The development appeals to all three profiles, albeit with distinct motivations: first-time buyers favour the combination of affordability, established neighbourhood maturity, and straightforward HDB financing eligibility; upgraders seek the additional space and dual bathrooms as a step up from smaller starter units whilst remaining within the HDB segment; investors target the stable rental demand and lease-driven capital preservation characteristics of mature-estate properties. First-timers benefit most from the development's transparent pricing, absence of speculative froth, and neighbourhood stability, though they must manage lease-age timelines for long-term planning. Upgraders value the specific configuration and may prioritise floor level and facing direction more heavily than first-timers. Investors should weight the moderate rental yield, stable capital environment, and tenant demand against the opportunity cost of alternative investments, particularly given the leasehold structure and eventual lease-decay implications.

What TDSR headroom and financing considerations apply to typical purchase prices at 345 Clementi Avenue 5?

HDB financing follows the Total Debt Servicing Ratio (TDSR) framework, which caps monthly debt servicing at 60% of gross monthly income for HDB loan applicants. At typical two-bedroom price points for 345 Clementi Avenue 5, this framework typically permits buyer household incomes above S$4,500 to S$5,500 monthly to access meaningful financing quantum without encountering TDSR constraints, assuming no other significant debt obligations. However, individual circumstances—such as existing car loans, credit card debt, or spousal income considerations—significantly affect available financing headroom. Prospective buyers should engage with HDB or a financial advisor to model their personal TDSR position relative to anticipated purchase prices, as this directly determines the quantum of down payment required and the feasibility of the transaction itself. The development's mature-estate positioning means financing terms and eligibility remain straightforward, without the complexity sometimes encountered in newly-launched or speculative projects.

How does 345 Clementi Avenue 5 compare to nearby competing HDB developments in Clementi?

Clementi encompasses numerous HDB blocks spanning several decades, with competing developments varying by proximity to MRT, block age, facing direction, and specific amenity access. Properties such as Clementi Park, units on Clementi Avenue 1, and blocks along Clementi Road command varying price premiums or discounts reflecting their precise location within the estate. 345 Clementi Avenue 5's competitive positioning reflects its mid-range distance from Clementi MRT Station and its block age relative to newer or older stock; it typically trades without the premium sometimes applied to blocks immediately adjacent to the MRT, nor at the discount sometimes applied to blocks significantly further from the station. Prospective buyers should inspect comparable transactions across multiple Clementi developments at similar MRT distances to establish fair-value context for units at 345 Clementi Avenue 5 and identify any neighbourhood-specific or block-specific factors affecting relative pricing.

Which unit stacks or floor levels at 345 Clementi Avenue 5 might offer the best value relative to specification?

In HDB blocks, mid-level floors (typically fourth to eighth levels) generally command the most consistent pricing, as they avoid the lower-level discount sometimes applied to ground-proximate units (which may experience less privacy or more foot-traffic noise) and the upper-level premium applied to highest floors (which offer superior views and light). Corner units and units with eastern or southern facing directions typically command small premiums owing to natural light and ventilation characteristics, though individual preferences vary. Units facing residential areas rather than roads benefit from reduced traffic noise and may sustain stronger resale appeal for long-term owner-occupiers. For investment purposes, mid-level units with moderate facing direction and neutral appearance often represent best-value positioning, as they appeal to the broadest tenant pool without the specific aesthetic preferences that drive owner-occupier demand. Prospective buyers and investors should physically inspect available units across multiple floor levels and facing directions before committing, as HDB block layout variations create distinct living experiences that unit specifications alone cannot communicate.

What does the future supply pipeline in the Clementi district suggest about long-term property values at 345 Clementi Avenue 5?

Clementi's mature, established character means that new HDB supply directly within the estate is minimal, with the primary new supply pipeline concentrated in adjacent precincts or farther-afield locations. This scarcity of direct competition supports long-term value stability for existing properties like 345 Clementi Avenue 5, as supply constraints tend to maintain pricing power relative to demand. However, broader district-level developments—such as new housing launches in Bukit Batok, Bukit Merah, or the western growth areas—may absorb some buyer demand that might otherwise flow toward established Clementi properties. Private residential developments in adjacent areas could similarly affect buyer positioning, particularly for upgraders evaluating HDB versus private market transitions. The longer-term outlook for Clementi values likely remains positive, underpinned by transport infrastructure stability, established amenity maturity, and the absence of significant new competing HDB supply, though appreciation rates will likely remain moderate and consistent with historical HDB trends rather than speculative trajectories.

[For Rent] Hdb Flat At 345 Clementi Avenue 5 — From S$3,300