SELL & RENT HDBS IN CLEMENTI ESTATE
Clementi (金文泰), situated in the western region of Singapore, is a well-established and diverse HDB estate. Part of the West Coast GRC, it is excellently connected by the Clementi MRT station on the East-West Line and major expressways like the Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE).
Clementi is well known for its proximity to educational institutions such as the National University of Singapore (NUS), Ngee Ann Polytechnic and the School of Science & Technology.
Clementi features a wide range of HDB flats, from older units to newer developments. These are some of the HDB subzones in the Clementi estate:
- Clementi Central
- Clementi North
- Clementi West
- Clementi Woods
My personal connection to Choa Chu Kang dates back to my National Service days. Based at Lim Chu Kang camp, my campmates & I would often frequent Lot One Shopping Mall or local eateries at the Keat Hong on our nights out.
Clementi Avenue 3: I remember the “Big Bookstore”, “Bus Interchange”, “The Bakery”, “The Cinema”, “The McDonald’s”, “The Wet Market” and many more.
I grew up there.
Grew up in Clementi
QUICK LINKS
HDB CLEMENTI BRANCH OFFICE
7 INTERESTING FACTS ABOUT CLEMENTI HDB ESTATE
(a) Historical Significance:
Clementi is named after Sir Cecil Clementi Smith, who served as Governor of the Straits Settlements from 1887 to 1893. Before its development into a residential town, the area was known for rubber plantations and brick kilns.
(b) Eighth New Town:
Clementi New Town is the eighth new town developed by the Housing and Development Board (HDB), with its primary development taking place between 1975 and 1979. This transformation marked its shift from rural land to a vibrant housing estate.
(c) Award-Winning Development:
The integrated development in Clementi, which includes Clementi Mall and Clementi Towers, was awarded the prestigious FIABCI Prix d’Excellence in 2012. This project uniquely combines public housing, transportation, and commercial spaces in one complex.
(d) Clementi Forest:
Clementi Forest, spanning 85 hectares, is the second largest wildlife habitat in Singapore after Bukit Timah Nature Reserve. It is a popular nature spot for hikers and wildlife enthusiasts.
(e) West Coast Park:
Residents of Clementi benefit from the estate’s proximity to West Coast Park, one of Singapore’s largest parks. The park offers a wide range of recreational facilities, including a camping site, playgrounds, and scenic areas for leisure activities.
(f) Burmese Food Hub:
Clementi has become known for its authentic Burmese cuisine, with several food stalls and minimarts offering Myanmar specialties, contributing to the estate’s diverse food culture.
(g) Recreational Facilities:
Clementi boasts a variety of recreational options for residents, including the West Coast Recreation Centre, Clementi Sports Hall, and Clementi Stadium, providing spaces for sports, fitness, and leisure activities.
Are you considering selling, buying or renting out your HDB flat in Clementi?
Or simply curious about the HDB housing scene in Clementi?
Check out the HDB median resale prices and rental statistics for Clementi below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN CLEMENTI?
Quarterly Clementi HDB Median Resale Prices up to Q3 2024
SALE ANALYSIS FOR CLEMENTI HDB RESALE FLATS
Note: All prices shown are median resale prices. The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Clementi’s resale market showed strong growth:
3-Room Flats:
- Starting median price (2020-Q1): $315,000
- Current median price (2024-Q3): $385,000
- Median price appreciation: 22.2% in ~4 years
Key Observations:
- Peak of $418,000 in 2023-Q1
- Recent stabilization around $385,000-$395,000
4-Room Flats:
- Starting median price (2020-Q1): $644,000
- Current price (2024-Q3): $745,000
- Median price appreciation: 15.7% in ~4 years
Key Observations:
- New peak in 2024-Q3 ($745,000)
- Wide price range ($449,000-$745,000)
5-Room Flats:
- Starting median price (2020-Q1): $815,000
- Current price (2024-Q3): $790,000
- Median price appreciation: -3.1% in ~4 years
Key Observations:
- Very limited transaction data
- Peak of $900,000 in 2022-Q2
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- Starting median price (2007-Q2): $185,000
- Current median price (2024-Q3): $385,000
- Total median price appreciation: 108.1%
4-Room Flats:
- Starting median price (2007-Q2): $302,200
- Current median price (2024-Q3): $745,000
- Total median price appreciation: 146.5%
5-Room Flats:
- Starting median price (2007-Q2): $484,500
- Current median price (2024-Q3): $790,000
- Total median price appreciation: 63.1%
P.S. HDB provides the median resale price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for the 5-room in Clementi has so many gaps. There were less than 20 transactions in those quarters.
HIGHEST RESALE PRICE
Highest resale price achieved for the different Clementi HDB flat types in 2024-Q3:
a) HDB 3-room flat: $840,000 @ 440A Clementi Avenue 3
b) HDB 4-room flat: $1,120,000 @ 441B Clementi Avenue 3
c) HDB 5-room flat: $1,180,000 @ 312B Clementi Avenue 4
d) HDB executive flat: $1,105,000 @ 115 Clementi Street 13
Looking to sell your Clementi HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
HOW ARE HDB RENTAL PRICES IN CLEMENTI?
Quarterly Clementi HDB Median Rental Prices up to Q3 2024
RENTAL ANALYSIS FOR CLEMENTI HDB FLATS
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Clementi’s rental market showed strong growth:
3-Room Flats:
- 2020-Q1: $1,825 → 2024-Q3: $3,000
- Increase: +64.4%
4-Room Flats:
- 2020-Q1: $2,375 → 2024-Q3: $3,900
- Increase: +64.2%
5-Room Flats:
- 2020-Q1: $2,600 → 2024-Q3: $4,350
- Increase: +67.3%
Key Observations:
- Steepest rise began in 2022 due to post-pandemic demand
- 5-room flats saw highest percentage increase
- Rental gaps range from $450 to $900 between flat types
- Premium pricing likely due to proximity to educational institutions
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- 2007-Q2: $1,050 → 2024-Q3: $3,000
- Total Growth: +185.7%
4-Room Flats:
- 2007-Q2: $1,250 → 2024-Q3: $3,900
- Total Growth: +212%
5-Room Flats:
- 2010-Q1: $2,250 → 2024-Q3: $4,350
- Total Growth: +93.3%
P.S. HDB provides the median rental price for a flat type only if the estate has at least 20 transactions for that quarter. There are HDB executive flats in Clementi but other than 2012-Q1, all the other quarters had less than 20 transactions.
HIGHEST RENT
Highest rent achieved for the different Clementi HDB flat types in 2024-Q3:
a) HDB 3-room flat: $4,600 @ 507 West Coast Drive
b) HDB 4-room flat: $5,000 @ 441A Clementi Avenue 3
c) HDB 5-room flat: $5,500 @ multiple locations
d) HDB executive flat: $6,000 @ 506 West Coast Drive
Looking to rent out your Clementi HDB flat or explore your options?
I’ve helped many landlords. I can help you, too.
Check out the sales & rental trends in other HDB towns in Singapore.
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WHAT BRINGS YOU HERE TODAY?
Are you wondering what to do in today’s market?
Perhaps you already have a clear mind of what you want to do?
In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.
Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience.
