Type

Units

Min Area

Price Range

2 BR

725 sqft

S$444K

Type

Units

Min Area

Price Range

2 BR

725 sqft

S$3,290/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$3,290 to S$444K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$658 on this acquisition.
50% of current units are for sale, from S$444K; 50% are for rent, from S$3,290/mo.
Located 7 min (580 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.

427 Clementi Avenue 3: HDB Homes in Singapore's Established West Zone

427 Clementi Avenue 3 stands as a residential offering in one of Singapore's most sought-after public housing estates. Located on Clementi Avenue 3, this development brings together practical living spaces in a neighbourhood recognised for its maturity, accessibility, and community infrastructure. Buyers considering entry into the HDB market or those looking to upgrade within the precinct will find this address strategically positioned to meet diverse housing needs across varying budget parameters.

Location and Transport Connectivity

The development sits within the Clementi estate, a district that has established itself as a residential cornerstone in Singapore's western region. Clementi MRT Station (EW23) lies approximately 7 minutes' walk away—a distance that places occupants firmly within the convenience zone for daily commuting. This proximity to the East West Line affords direct access to the central business district, institutional zones, and other major employment nodes across the island, making the location equally attractive for working professionals and retirees who value accessible public transport.

Beyond the MRT, the wider Clementi precinct enjoys excellent bus connectivity, with multiple service routes threading through residential streets and linking to shopping districts, hospitals, and educational institutions. The neighbourhood's transport infrastructure has been refined over decades, ensuring that residents enjoy both frequent and reliable journey options.

Neighbourhood Amenities and Community Character

Clementi's maturity as an estate translates directly into comprehensive amenities. Residents benefit from proximity to shopping centres, wet markets, food courts, and dining establishments that reflect the diverse composition of the community. Supermarkets and retail services cater to everyday needs, whilst the precinct's established food scene—spanning hawker stalls, informal eateries, and casual restaurants—serves as a social backbone for many households.

Educational institutions pepper the neighbourhood, from primary schools through secondary facilities and junior colleges. Families with children will appreciate the depth of schooling options within reasonable distance, as well as the neighbourhood's reputation as a family-friendly locale. Healthcare facilities, including polyclinics and private practitioners, are accessible, supporting the demographic breadth of residents who call Clementi home.

HDB Units and Pricing Overview

Units available at 427 Clementi Avenue 3 start from S$443,900, reflecting the entry-level positioning of HDB property within an established public housing estate. The development comprises flats of varying configurations—ranging from compact 2-bedroom units to larger layouts—each designed to maximise usable space and livability within the HDB standard. These unit types cater to distinct buyer segments: young couples, small families, investors seeking rental yield, and downsizers from private residential properties.

Pricing within the development reflects the neighbourhood's maturity, transport accessibility, and the overall standard of HDB construction and finishes. Prospective purchasers should note that unit prices will vary according to floor level, facing orientation, condition, and any renovation or maintenance history. Buyers are advised to inspect multiple units and compare recent transaction prices within the precinct to establish fair market value at the time of their purchase decision.

Investment Potential and Rental Demand

Clementi holds consistent appeal for investors seeking steady rental returns in the HDB sector. The neighbourhood's proximity to the MRT, coupled with its array of amenities and established community fabric, means tenant demand remains robust across the year. Rental rates for HDB flats in this precinct tend to reflect the balance between supply maturity and strong occupational demand from both working professionals and families seeking affordable, centrally located accommodation.

Investors considering units at this address should evaluate the potential yield against purchase price, taking into account property management expenses, maintenance contributions, and prevailing market rental rates for comparable units in the locale. The HDB sector's relatively transparent pricing history and standardised lease conditions make financial modelling straightforward for prospective landlords.

Capital Appreciation and Lease Considerations

HDB flats in Clementi have demonstrated steady capital appreciation over extended holding periods, underpinned by the estate's infrastructure maturity, accessibility, and consistent demand. However, buyers should be mindful of lease decay—the gradual reduction in property value as a lease approaches expiration. Most HDB flats are held on 99-year leases, meaning purchase date significantly affects remaining lease tenure at point of sale. A flat purchased in 2024 with an original 99-year lease will have approximately 89 years remaining, which influences both current resale value and future capital trajectories.

As leases shorten below 60 years, mortgage availability tightens and buyer pools contract, potentially pressuring resale prices. This underscores the importance of examining remaining lease length at the point of purchase and factoring lease decay into long-term financial planning. Many buyers in Clementi prioritise units with longer remaining tenures where price adjustments allow.

Buyer Suitability and Market Positioning

427 Clementi Avenue 3 appeals to multiple buyer demographics. First-time buyers will appreciate the accessible entry price point and the neighbourhood's established infrastructure, which reduces the risk of purchasing in an uncertain or developing area. Upgraders moving from smaller public housing will find the range of unit types accommodating, whilst investors benefit from the precinct's rental market depth and capital stability. Those relocating to Singapore from overseas will find Clementi's mature character, transport links, and international-standard amenities reassuring.

The development does not position itself as a luxury offering—rather, it represents practical, honest housing in a neighbourhood that has earned its reputation through decades of consistent service to its residents.

Financing and Total Debt Service Ratio Considerations

Most HDB purchases are financed through HDB loan schemes, which typically offer competitive rates and terms tailored to public sector employees and private-sector workers alike. At an entry price around S$443,900, typical HDB mortgage packages will extend over 25 to 30 years, resulting in manageable monthly obligations for dual-income household earners in Singapore. Total Debt Service Ratio (TDSR) calculations at these price points generally present no barrier to mortgage approval for applicants with stable employment and clear credit histories, though the precise serviceability outcome depends on individual income, existing debts, and the bank's internal lending criteria.

Buyers should engage with HDB directly or consult a mortgage broker to model precise financing scenarios before committing to purchase. Property taxes (annual assessment rates) on HDB flats are significantly lower than private property equivalents, further improving the affordability profile for owner-occupiers.

Regulatory Considerations for Additional Property Purchases

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty (ABSD) at 20%, payable on top of standard stamp duty. This materially increases acquisition cost and should be factored into the investment case for buy-to-let purchasers or those acquiring a second residence. For example, a purchase at S$443,900 would attract ABSD of approximately S$88,780, pushing total acquisition costs to roughly S$532,680 before legal and professional fees. First-time owner-occupiers are exempt from ABSD, making the 427 Clementi Avenue 3 portfolio potentially more attractive to debut buyers than to seasoned investors.

District Supply and Future Outlook

Clementi estate, developed in phases from the 1980s onwards, remains largely built-out in terms of primary HDB stock. New supply in the immediate precinct is limited, implying that existing housing stock will continue to serve demand from incoming residents and investors. This supply constraint, combined with excellent transport and amenities, historically supports value stability and modest appreciation. Planning authorities occasionally upgrade or rejuvenate pockets of mature estates through selective redevelopment, though such interventions are typically preceded by resident consultation and detailed feasibility studies.

The broader west-zone property market remains buoyant, supported by consistent migration from newly developed estates in the north-east and the ongoing appeal of central-west locations for employment and family life. Units at 427 Clementi Avenue 3 should retain relevance and marketability for many years ahead, provided lease tenure remains in a range attractive to the broad buyer base.

Next Steps for Prospective Buyers

Interested parties should arrange viewings of multiple units across the development to assess individual condition, layout preference, and price positioning. Comparative analysis of recent transactions in Clementi Avenue, nearby blocks, and the wider estate will ground purchase decisions in local market reality. Engaging a conveyancing lawyer early in the process ensures smooth due diligence, whilst direct communication with HDB will clarify loan eligibility, grant entitlements (if applicable), and lease tenure specifics for each unit under consideration.

Frequently Asked Questions

What rental yield might I expect if I purchase a unit at 427 Clementi Avenue 3 as an investment?

HDB flats in Clementi typically achieve gross rental yields between 2.5% and 3.5% annually, depending on unit configuration, floor level, and prevailing market rental rates. For a 2-bedroom unit purchased at S$443,900, monthly rental income would range from approximately S$920 to S$1,290, translating to annual gross yield of 2.5% to 3.5%. Net yield—after accounting for property management costs, HDB maintenance contributions (roughly S$50–80 monthly), and vacant periods—typically settles between 1.8% and 2.8%. Clementi's mature status and proximity to Clementi MRT Station (EW23) sustain robust tenant demand from working professionals and families, making the development a relatively stable medium-term rental proposition for buy-to-let investors.

How does the price per square foot at 427 Clementi Avenue 3 compare to other recent HDB sales in Clementi?

The development's entry price of approximately S$443,900 for units around 725 sqft yields a per-square-foot figure of roughly S$612 psf, positioning it competitively within the established Clementi precinct. Recent comparable transactions for 2-bedroom HDB flats in nearby blocks on Clementi Avenue and adjoining streets have traded in the S$585–650 psf range, reflecting the variation in lease tenure, unit condition, and floor-level preference. Newer resales with longer remaining lease tenures command the higher end of this spectrum, whilst older stock or lower floors may trade marginally below market mid-point. Prospective buyers should request the HDB's latest transaction history for the specific block and conduct site viewings to verify that asking prices align with recent comparable sales in the immediate neighbourhood.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase a second residential property at this development?

Singapore Citizens purchasing a second residential property incur ABSD at 20% of the purchase price, payable in addition to standard stamp duty. For a unit at 427 Clementi Avenue 3 purchased at S$443,900, ABSD would total approximately S$88,780, materially increasing the total acquisition cost. This brings the effective entry price to roughly S$532,680 when ABSD is included, before legal and professional fees. ABSD applies regardless of whether the purchase is intended for owner-occupation or rental investment, making second-property acquisitions considerably more expensive in capital terms. First-time buyers are entirely exempt from ABSD, which is why this development may hold greater appeal to debut purchasers than to seasoned property investors expanding their portfolios.

What is the lease decay risk for HDB units at 427 Clementi Avenue 3, and how might it affect resale value?

Most HDB flats at 427 Clementi Avenue 3 are held on 99-year leases, meaning a unit purchased today will have approximately 89 years remaining on the lease. Lease decay—the gradual erosion of property value as lease term shortens—becomes particularly pronounced when remaining tenure falls below 60 years. At that threshold, mortgage availability tightens, eligible buyer pools shrink, and resale prices typically decline more sharply year-on-year. For a first-time buyer or mid-term owner-occupier, the current remaining lease term is unlikely to present practical concern; however, investors eyeing extended holding periods of 20+ years should factor in the cumulative impact of lease decay on eventual resale. The HDB's lease top-up schemes have occasionally allowed residents to extend tenure, though eligibility and terms are subject to policy evolution and individual circumstances.

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

Clementi MRT Station (EW23) on the East West Line is approximately 7 minutes' walk from 427 Clementi Avenue 3, positioning the development firmly within the convenience zone that attracts both owner-occupiers and investors. MRT accessibility is one of the strongest demand drivers for HDB property in Singapore; residents benefit from rapid, reliable access to the central business district, institutional zones, and major employment clusters across the island. This locational advantage has historically supported steady capital appreciation and rental demand in the Clementi precinct over multiple property cycles. Properties within walking distance of an MRT station typically retain value more resilience during downturns and command modest premiums over equivalently-configured units in less accessible locations. The continued importance of public transport in post-pandemic Singapore—coupled with ongoing investments in line extensions and service frequency—suggests that Clementi MRT's attractiveness will persist, benefiting unit holders at this development for many years ahead.

Is 427 Clementi Avenue 3 suitable for first-time buyers, upgraders, and investors equally?

The development appeals to all three buyer segments, though for different reasons. First-time buyers benefit from the accessible entry price (from S$443,900), exemption from ABSD, and the mature neighbourhood's established infrastructure and schools—reducing the uncertainty of purchasing in a newer or less developed area. Upgraders moving from smaller public housing will find a range of 2-bedroom and larger layouts accommodating, with the mature precinct's amenities and transport links supporting family life. Investors are attracted to Clementi's robust rental market, consistent demand from working professionals and families, and the estate's infrastructure maturity, which underpins value stability. However, prospective investors should note that ABSD at 20% materially increases acquisition cost for second-property purchases, making owner-occupied purchases more favourable in capital efficiency terms. Each buyer type should clearly define their holding horizon and financial objectives before committing to a purchase.

What Total Debt Service Ratio (TDSR) and mortgage headroom might I expect at typical price points for units at this development?

At the entry price of approximately S$443,900, typical HDB mortgage packages extend over 25 to 30 years, resulting in monthly obligations of roughly S$1,700–2,100 (depending on loan tenure and prevailing interest rates). For dual-income households with combined annual earnings of S$120,000 or above, this price point typically presents no TDSR impediment; the monthly obligation represents well under 60% of household debt service capacity. However, TDSR calculations are individualised and depend on existing debts, dependants, and the bank's internal lending criteria. Single earners or those with existing loan obligations may face tighter serviceability headroom. Prospective buyers should engage directly with HDB or a mortgage broker to model precise financing scenarios before committing to purchase. The significantly lower property taxes on HDB flats compared to private property further improve the affordability profile for owner-occupiers.

How does 427 Clementi Avenue 3 compare in terms of value and amenities to competing HDB developments in the west zone?

Clementi estate competes directly with nearby west-zone precincts such as Bukit Merah, Tiong Bahru, and Pasir Panjang, each offering mature HDB stock in accessible locations. 427 Clementi Avenue 3's strength lies in its direct MRT station proximity (7 minutes' walk to Clementi Station) and the comprehensive range of local amenities—schools, shopping centres, hawker markets, and healthcare facilities—accumulated over decades of estate development. Price per square foot across the wider Clementi precinct (S$585–650 psf) remains slightly below some central-west alternatives, reflecting the estate's slightly larger geographic footprint and marginally lower density. Bukit Merah and Tiong Bahru properties, by contrast, command modest premiums due to their even closer CBD adjacency and established conservation character in pockets. Pasir Panjang offers larger units on average but typically prices at a premium. For buyers seeking value, established infrastructure, and direct MRT access without excessive density or premium pricing, Clementi—including the 427 Clementi Avenue 3 portfolio—represents a compelling west-zone option.

Which unit stack or floor levels at 427 Clementi Avenue 3 typically offer the best value?

Lower and mid-floor units (levels 2–15) typically command lower prices per square foot compared to higher floors, though buyer preference for natural light, ventilation, and reduced noise means higher levels often attract slight premiums. Units on floors 6–10 represent a practical middle ground, offering reasonable light and air quality at prices below the top quartile; savvy buyers often identify value here. Facing orientation also significantly impacts pricing: units facing parks, green spaces, or quiet streets typically command premiums over those fronting main roads; however, south-facing units in tropical Singapore may experience more heat gain and slightly higher cooling costs. Corner units, which offer dual facing and additional natural light, usually attract premiums of 5–10% over comparable mid-stack units. For investors prioritising cash flow over aesthetic preference, lower-floor or main-road-facing units may deliver better rental yield relative to acquisition cost, as tenant demand for these locations remains steady despite modest price discounts.

What is the future supply pipeline for HDB stock in Clementi and how might it affect property values at 427 Clementi Avenue 3?

Clementi estate, developed in phases from the 1980s onwards, is now substantially built-out, with limited planned new HDB supply in the immediate precinct. This supply constraint—coupled with ongoing demand from internal migration and first-time buyers—historically supports value stability and modest appreciation across the existing stock. The Housing and Development Board occasionally initiates selective redevelopment or rejuvenation of specific blocks in mature estates, though such programmes are preceded by resident consultation and detailed feasibility studies; any such intervention in Clementi would likely be announced years in advance. The broader west-zone housing market benefits from consistent demand and strategic importance as a residential anchor for employment clusters in the CBD and satellite business districts. Future upgrades to Clementi MRT Station infrastructure or bus service frequency would further enhance the precinct's attractiveness. Prospective purchasers at 427 Clementi Avenue 3 should view the development as a stable, mature asset unlikely to face significant supply-side pressure or obsolescence risk in the medium term.

Hdb Flat At 427 Clementi Avenue 3 — From S$3,290