Type

Units

Min Area

Price Range

2 BR

721 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 9 min (750 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.

362 Clementi Avenue 2: A Mature HDB Community in One of Singapore's Most Established Towns

362 Clementi Avenue 2 represents a key residential offering within Clementi, one of Singapore's most mature and well-integrated housing districts. Located at the heart of the West Region, this development sits within a neighbourhood characterised by steady demand, strong community infrastructure, and reliable transport connectivity. The project encompasses a mix of unit types designed to accommodate diverse household compositions, from young professionals to upgrading families seeking stability and accessibility in a consolidated urban area.

The development's positioning within Clementi has long been recognised as a strategic advantage for both owner-occupiers and investors. The district has matured over several decades, creating a stable residential ecosystem with established schools, medical facilities, and shopping amenities within close proximity. 362 Clementi Avenue 2 benefits from this maturity, sitting in an area where property values have demonstrated resilience through multiple market cycles. For buyers considering this location, the historical performance of comparable units in the immediate vicinity provides a sound reference point for understanding both current market positioning and realistic expectations for medium to long-term appreciation.

Transport Connectivity and MRT Access

A defining feature of 362 Clementi Avenue 2 is its accessibility to the East-West Line, with Clementi MRT station (EW23) situated approximately 9 minutes' walk—roughly 750 metres—from the development. This proximity to a major interchange station is a significant asset for residents commuting to the CBD, Marina Bay, or other business districts along the East-West corridor. The station also provides onward connections to bus services covering the broader West Region, making multi-modal transport feasible for most daily journeys without reliance on private vehicles.

The presence of reliable rapid transit within walking distance enhances both the day-to-day convenience of residents and the long-term attractiveness of the property to potential tenants or future buyers. MRT-proximate HDB developments consistently command premium pricing relative to equivalent units in less accessible locations, reflecting investor and owner-occupier preference for transport convenience. This transport advantage has historically supported capital appreciation in Clementi and remains a core strength of properties at 362 Clementi Avenue 2.

Unit Composition and Space Standards

The development offers units across multiple room configurations, with 2-bedroom and larger layouts available to suit different household needs. Unit sizes range across the development, with living areas spanning approximately 700 square feet and upwards, providing sufficient space for comfortable family living or professional home-office setups. The inclusion of multiple bathroom facilities in each unit reflects contemporary living standards and enhances both personal convenience and resale or rental appeal, particularly for households with multiple occupants or those seeking greater privacy and flexibility in daily routines.

The floor plans at 362 Clementi Avenue 2 have been laid out with practical living in mind, incorporating efficient use of space whilst maintaining adequate separation between sleeping and living zones. This design approach supports multiple occupancy scenarios and appeals to a broad demographic range, from first-time upgraders transitioning from smaller units to established families prioritising location and accessibility over raw square footage.

District Context and Local Amenities

Clementi is home to several major retail and leisure destinations, including shopping centres and food courts that serve the local and broader West Region populations. Educational facilities in the area cater to families with young children, whilst medical and healthcare services are readily accessible through nearby polyclinics and private clinics. The district's maturity means that most essential services and recreational facilities are already established, reducing uncertainty about future neighbourhood development compared to newer estates still in the early stages of infrastructure roll-out.

The neighbourhood's character as a consolidated, family-oriented district contributes to stable tenant demand for rental units and consistent buyer interest from upgraders seeking a familiar, accessible location. Clementi has attracted a diverse demographic over decades, creating a socially mixed community where both young professionals and multi-generational families coexist comfortably. This social stability and demographic diversity have historically supported steady rental demand and underpinned property value retention even during periods of softer market conditions.

Investment and Owner-Occupancy Appeal

For owner-occupiers, 362 Clementi Avenue 2 offers the combination of a settled, convenient location with the established amenities and community feel that characterise Clementi. The development's position within a mature district means that prospective buyers can assess neighbourhood quality and long-term livability based on observable, existing conditions rather than speculative future development. This certainty appeals particularly to upgraders moving from smaller units or first-time buyers seeking a stable home base with proven transport and social infrastructure.

Investors evaluating 362 Clementi Avenue 2 will note that Clementi has historically supported consistent rental demand driven by MRT proximity, employment accessibility, and the district's appeal to young professionals. The presence of established schools and family amenities also attracts longer-term tenants, supporting stable rental income patterns. HDB rental yields in consolidated, MRT-proximate locations within Clementi have generally tracked at levels that reflect both the security of the location and the competitive rental market within the West Region.

Pricing Context and Market Positioning

Pricing at 362 Clementi Avenue 2 reflects the development's mature location, proximity to transport, and positioning within a consolidated residential area. The per-square-foot metrics for comparable units in Clementi and neighbouring districts provide a useful benchmark for assessing value. Prospective purchasers should conduct comparative analysis across recent transactions in the immediate vicinity to establish whether current asking rates represent fair value relative to equivalent HDB units elsewhere in the West Region or across broader Singapore.

Market pricing for HDB flats in Clementi has historically been supported by consistent demand from upgraders and investors, with the MRT proximity premium remaining a persistent feature of valuation. The development's overall appeal—combining transport accessibility, established amenities, and mature district character—continues to position 362 Clementi Avenue 2 as a stable investment option within its category and pricing band.

Financing and Loan Considerations

Prospective buyers should engage with financial institutions early in their purchase journey to confirm the loan quantum available relative to their chosen unit's purchase price. HDB properties typically benefit from more favourable loan terms than private properties, with loan-to-value ratios often supporting borrowing of 80% of the purchase price. Buyers should factor in stamp duties, registration fees, and other legal costs when estimating the total capital required, as these costs sit outside the loan amount and must be funded from cash reserves.

For second-property buyers who are Singapore Citizens, the Additional Buyer's Stamp Duty (ABSD) applies at 20% of the purchase price, representing a significant cash requirement beyond the loan. Prospective investors and upgraders must account for this duty when calculating the true cost of acquisition and assessing the investment thesis or affordability profile of their chosen unit.

Long-term Market Dynamics and District Growth

Clementi's position as a mature district means that future supply growth is likely to be limited compared to newer or emerging estates. This supply constraint, combined with the stable demand characteristics of a consolidated neighbourhood with strong transport connectivity, has historically supported gradual property value appreciation. The district has benefited from successive waves of upgrading, with older precincts gradually refreshed through HDB Upgrading Programme initiatives that enhance common areas and building systems.

The broader West Region is also undergoing selective development and infrastructure enhancement, with ongoing transport improvements and commercial district expansion supporting long-term demand stability. For residents and investors at 362 Clementi Avenue 2, these regional dynamics reinforce the appeal of a location already well-served by established infrastructure and unlikely to face disruptive change in the medium term.

Frequently Asked Questions

What rental yield might an investor expect from purchasing a unit at 362 Clementi Avenue 2 as a buy-to-let investment?

Rental yields for HDB flats at 362 Clementi Avenue 2 depend on the purchase price, the unit configuration, and prevailing market rental rates for comparable 2-bedroom and larger units in Clementi. Historically, well-positioned HDB units in Clementi have achieved gross yields in the range of 3% to 4.5% annually, though net yields after accounting for property taxes, maintenance contributions, and potential vacancy are typically 2% to 3.5% lower. The MRT proximity and established neighbourhood character support consistent tenant demand, particularly from young professionals and upgrading families seeking accessible, centrally-located accommodation. Investors should conduct a detailed financial model using recent transaction data from the immediate area to confirm realistic yield expectations relative to the current asking price of their preferred unit.

How does per-square-foot pricing at 362 Clementi Avenue 2 compare to recent HDB transactions in Clementi and nearby districts?

Pricing at 362 Clementi Avenue 2 reflects its maturity, MRT proximity, and position within a settled residential area, and can be benchmarked against recent arm's-length transactions for comparable 2-bedroom and larger HDB units across Clementi and neighbouring precincts such as Bukit Merah and Jurong. Per-square-foot metrics for HDB flats in Clementi have historically ranged from approximately S$5,500 to S$6,500, depending on unit age, floor level, and specific location within the estate. Prospective buyers should review the HDB transaction registry and engage with local property analysts to establish whether current asking prices at 362 Clementi Avenue 2 sit at, above, or below the median price point for recently completed sales in the immediate 500-metre radius. This comparative exercise is essential for ensuring that the proposed purchase represents fair value relative to alternative options within Clementi or competing locations in the West Region.

What Additional Buyer's Stamp Duty (ABSD) implications apply if I purchase a second residential property at 362 Clementi Avenue 2 as a Singapore Citizen?

Singapore Citizens purchasing a second residential property, whether HDB or private, are liable for ABSD at 20% of the property's purchase price in addition to the standard Buyer's Stamp Duty. For a unit at 362 Clementi Avenue 2 priced at, for example, S$450,000, ABSD would amount to S$90,000, a significant cash outlay that must be funded separately from any mortgage loan. This duty is payable at the point of purchase and cannot be financed through standard HDB housing loans, requiring buyers to ensure adequate cash reserves before committing to their purchase. When assessing affordability and investment viability, second-property buyers must factor this 20% ABSD into their total acquisition cost, as it materially impacts both the capital requirement and the investment return profile compared to first-time buyers or permanent residents who do not incur this duty.

What lease decay and resale value risks should I be aware of for HDB units at 362 Clementi Avenue 2?

HDB units at 362 Clementi Avenue 2 are held on 99-year leases (assuming the building was built in the mid-1980s or later), which means lease decay will eventually become a material factor in resale value as the lease term approaches expiry. Under current HDB policy, the property automatically reverts to the State at lease expiry with no compensation to the leaseholder, creating a financial cliff that becomes increasingly apparent as the lease term falls below 60 years. However, buyers with lease terms above 70 years have historically maintained strong resale liquidity and price stability, as the reversion point remains far enough distant that most occupants will have exited the property before lease decay becomes a critical valuation driver. Prospective purchasers should confirm the exact lease commencement date and remaining tenure before purchasing, then monitor potential future lease renewal or top-up schemes that the government may introduce to extend lease terms and protect equity. For long-term investors and upgraders, the remaining lease term is a critical input in financial modelling and purchase decision-making.

How does proximity to Clementi MRT station (EW23) support long-term capital appreciation and rental demand at 362 Clementi Avenue 2?

Clementi MRT station is a major East-West Line interchange serving multiple bus routes, making it a significant transport hub for the West Region and a primary commuting node for residents across several estates. The 9-minute walk from 362 Clementi Avenue 2 to this station positions the development squarely within the premium transport-accessible segment, which has historically commanded sustained rental and resale demand even during softer market cycles. MRT-proximate HDB units typically appreciate faster than equivalent units further from rapid transit, as commuter demand, investor interest, and upgrader preference all concentrate in accessible locations. The transport advantage also supports higher rental yields and faster tenant turnover, reducing void periods for investors. Over multiple property market cycles, Clementi's MRT connectivity has been a persistent driver of price premiums relative to comparable districts without equivalent transport infrastructure, and this relationship is likely to persist for the medium to long term.

Which buyer profiles—first-timer, upgrader, HNW investor, or young professional—are best suited to 362 Clementi Avenue 2?

362 Clementi Avenue 2 appeals most strongly to upgraders moving from smaller 1-bedroom or 2-bedroom units into a more spacious, similarly-located property, and to young professionals seeking their first family home in an established, transport-connected neighbourhood. First-time buyers with sufficient capital will appreciate the combination of location stability, existing amenities, and proven transport infrastructure, reducing the risk of purchasing in an area still undergoing major change. HNW investors may find 362 Clementi Avenue 2 less immediately attractive as a speculative or high-growth investment, but the development suits conservative buy-and-hold strategies targeting steady rental income and capital preservation in a mature market segment. Young professionals and dual-income households value the MRT proximity and the lifestyle amenities available in Clementi, making the development an attractive option for renters seeking mid-range, well-located accommodation. The diverse unit configurations available across the development support multiple occupancy scenarios, from single occupants to multi-person households, broadening its appeal across different demographic segments.

What TDSR and financing headroom should I expect at typical price points for units at 362 Clementi Avenue 2?

Total Debt Service Ratio (TDSR) caps for HDB purchasers are typically 55% of gross monthly household income, meaning that for a household with monthly income of S$8,000, the maximum monthly debt servicing (including the HDB mortgage and all other personal loans) would be capped at S$4,400. A unit at 362 Clementi Avenue 2 priced at S$450,000 financed at 80% loan-to-value (S$360,000) over 25 years would generate a monthly mortgage of approximately S$1,750 at prevailing interest rates, leaving substantial headroom for households with combined incomes above S$6,500 monthly. However, buyers with existing car loans, personal credit facilities, or other debt obligations will experience compression of available TDSR headroom, potentially limiting the loan quantum available or requiring a larger cash down-payment to compensate. Prospective purchasers should obtain a pre-approval letter from their preferred mortgage lender to confirm exact loan eligibility and TDSR impact before making an offer, as financing constraints can sometimes be the binding factor limiting purchasing power rather than available cash capital.

How does 362 Clementi Avenue 2 compare to competing HDB developments in Clementi or nearby West Region estates?

Clementi is home to several established HDB precincts of varying age and condition, with competing developments including Clementi Green, Clementi West, and various other blocks distributed across the town. 362 Clementi Avenue 2 competes directly with these neighbouring blocks on factors including unit size, building condition, floor level, and proximity to local amenities and the MRT station. Some competing blocks may be slightly closer to the station or commercial areas, whilst others may offer newer refurbishment or different architectural character, creating variation in pricing and tenant appeal across Clementi's portfolio. Buyers evaluating 362 Clementi Avenue 2 should conduct a detailed site comparison with 2–3 competing blocks at similar price points, assessing factors including common area maintenance, lift access, natural lighting, and perceived neighbourhood safety to ensure they are securing optimal value for money. This comparative exercise is particularly important given the fungible nature of HDB units—the choice between broadly equivalent competing options in the same district often hinges on unit-specific characteristics rather than development-level differentiation.

Which unit stacks or floor levels at 362 Clementi Avenue 2 are likely to offer the best value relative to price and livability?

Middle floors (typically floors 7–15 in a 20+ storey block) at 362 Clementi Avenue 2 often represent optimal value, offering good natural light and ventilation whilst avoiding the premium pricing of very high floors and the lower demand for ground and very low floors that may suffer from noise, reduced privacy, and lower perceived safety. High-floor units command pricing premiums of 10–20% relative to low-floor equivalents, reflecting occupier preference for views, light, and perceived status, but these premiums often exceed the subjective livability gains for owner-occupiers and can reduce rental appeal for budget-conscious tenants. Mid-floor units on the eastern or western sides of the block may benefit from longer daily sunshine and views across open space, supporting both personal livability and rental appeal without incurring the extreme premiums of very high floors. Investors and first-time upgraders should compare the per-square-foot pricing across 3–4 different unit stacks before making a final offer, as significant value differentials often exist between nominally identical 2-bedroom units at different locations within the same block.

What future supply pipeline developments in the West Region might affect long-term demand and property values at 362 Clementi Avenue 2?

The West Region has historically been a mature, consolidated district with limited new HDB supply compared to outer estates like Punggol or Sengkang, meaning that 362 Clementi Avenue 2 is unlikely to face significant direct competition from new unit launches in the immediate vicinity. However, the government's broader housing strategy may direct new supply to emerging precincts within the West Region or adjacent areas, potentially spreading demand across multiple locations and moderating price appreciation in established areas like Clementi over the long term. Ongoing infrastructure projects, including potential transport enhancements and commercial district expansion, could enhance the region's attractiveness and support baseline demand stability even if new competing supply emerges. Prospective buyers and investors should monitor the HDB and Urban Redevelopment Authority development pipelines to understand the medium-term supply outlook, as new competitive supply within 1–2 kilometres could impact both rental demand and price appreciation trajectories for 362 Clementi Avenue 2. For long-term hold strategies, the mature character of Clementi and the unlikelihood of disruptive new development nearby provide reasonable confidence in baseline demand stability, though explosive capital appreciation is not realistically expected given the settled market segment and established supply-demand equilibrium.

Hdb Flat At 362 Clementi Avenue 2 — From S$3,300