Block 423 Clementi Avenue 1

2 Room · 3 Room · 4 Room · Built 2013 · 87 years remaining lease MOP Cleared
Latest Sale
$475,000
Jul 2025 · 2 ROOM · #25-27
Median $/sqm
$7,434
Based on 49 transactions
Total Transactions
49
Since Jan 2017
5-Year Trend
▲ +110.3%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 87 years remaining 99 years
87 years 2 months
Remaining lease
↓ 0.18%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 87 years remaining, decay is gradual (~0.18%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2025 25 TO 27 2 ROOM 49 sqm $475,000 $9,694
Jul 2025 07 TO 09 2 ROOM 49 sqm $423,000 $8,633
Feb 2025 16 TO 18 4 ROOM 100 sqm $979,000 $9,790
Jan 2025 10 TO 12 4 ROOM 99 sqm $931,888 $9,413
Sep 2024 07 TO 09 3 ROOM 70 sqm $680,000 $9,714
Jul 2024 25 TO 27 2 ROOM 49 sqm $422,000 $8,612
Jun 2024 22 TO 24 2 ROOM 49 sqm $475,000 $9,694
Dec 2023 04 TO 06 3 ROOM 70 sqm $575,000 $8,214
Nov 2023 13 TO 15 3 ROOM 70 sqm $615,000 $8,786
Jan 2023 07 TO 09 4 ROOM 100 sqm $805,000 $8,050
Jan 2023 04 TO 06 4 ROOM 99 sqm $825,000 $8,333
Dec 2022 10 TO 12 2 ROOM 49 sqm $380,000 $7,755
Aug 2022 19 TO 21 2 ROOM 50 sqm $391,888 $7,838
Aug 2022 22 TO 24 2 ROOM 50 sqm $398,000 $7,960
May 2022 22 TO 24 4 ROOM 100 sqm $812,000 $8,120
Jan 2022 04 TO 06 2 ROOM 49 sqm $346,000 $7,061
Jan 2022 13 TO 15 3 ROOM 75 sqm $560,000 $7,467
Oct 2021 13 TO 15 4 ROOM 100 sqm $760,000 $7,600
Sep 2021 16 TO 18 2 ROOM 49 sqm $340,000 $6,939
Sep 2021 10 TO 12 3 ROOM 70 sqm $570,000 $8,143
Showing 20 of 49 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 423 Clementi Avenue 1

Block 423 at Clementi Avenue 1 is a residential HDB block in Clementi, Singapore, built in 2013 with approximately 87 years remaining on its 99-year lease. The block contains 2 room, 3 room, 4 room flats, with resale prices ranging from $306,000 to $979,000 based on 49 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 25 TO 27 sold for $475,000 in 2025-07. The current median price per square metre is $7,434. Over the past five years, resale prices at this block have increased by approximately 110.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9501, with an annual lease decay rate of approximately 0.18%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 423 Clementi Avenue 1 worth?

The most recent resale transaction at Block 423 Clementi Avenue 1 was $475,000 for a 2 room flat in 2025-07. The median price per square metre across all flat types is $7,434, based on 49 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 423 Clementi Avenue 1?

Block 423 Clementi Avenue 1 was built in 2013 and has approximately 87 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.18%, meaning the leasehold value decreases by approximately 0.18% per year at the current remaining lease.

What flat types are available at Block 423 Clementi Avenue 1?

Block 423 Clementi Avenue 1 in Clementi contains 2 room, 3 room, 4 room flats. Resale prices range from $306,000 to $979,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 423 Clementi Avenue 1 gone up or down?

Resale prices at Block 423 Clementi Avenue 1 have increased by approximately 110.3% over the past five years. The current median price is $538,000, with the most recent sale at $475,000 in 2025-07.

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