Block 338 Clementi Avenue 2

5 Room · Built 1978 · 52 years remaining lease MOP Cleared
Latest Sale
$750,000
Mar 2025 · 5 ROOM · #10-12
Median $/sqm
$5,882
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +10.5%
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 52 years remaining 99 years
52 years 10 months
Remaining lease
↓ 0.68%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 52 years remaining, decay is gradual (~0.68%/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
Mar 2025 10 TO 12 5 ROOM 119 sqm $750,000 $6,303
Apr 2024 04 TO 06 5 ROOM 119 sqm $760,000 $6,387
Mar 2023 04 TO 06 5 ROOM 119 sqm $700,000 $5,882
Nov 2022 16 TO 18 5 ROOM 119 sqm $838,000 $7,042
Jul 2022 01 TO 03 5 ROOM 119 sqm $600,000 $5,042
Jul 2022 22 TO 24 5 ROOM 119 sqm $758,000 $6,370
Jun 2022 19 TO 21 5 ROOM 119 sqm $686,000 $5,765
Jul 2021 13 TO 15 5 ROOM 119 sqm $678,888 $5,705
Jun 2021 04 TO 06 5 ROOM 119 sqm $580,000 $4,874
Mar 2021 25 TO 27 5 ROOM 119 sqm $705,000 $5,924
Apr 2019 07 TO 09 5 ROOM 119 sqm $698,000 $5,866
Aug 2018 25 TO 27 5 ROOM 119 sqm $728,000 $6,118
Jun 2018 16 TO 18 5 ROOM 119 sqm $700,000 $5,882
Mar 2018 13 TO 15 5 ROOM 119 sqm $686,000 $5,765
Dec 2017 10 TO 12 5 ROOM 119 sqm $700,000 $5,882
Aug 2017 01 TO 03 5 ROOM 119 sqm $618,000 $5,193
May 2017 04 TO 06 5 ROOM 119 sqm $675,000 $5,672
May 2017 22 TO 24 5 ROOM 119 sqm $738,000 $6,202
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 338 Clementi Avenue 2

Block 338 at Clementi Avenue 2 is a residential HDB block in Clementi, Singapore, built in 1978 with approximately 52 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $580,000 to $838,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $750,000 in 2025-03. The current median price per square metre is $5,882. Over the past five years, resale prices at this block have increased by approximately 10.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8376, with an annual lease decay rate of approximately 0.68%. 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 338 Clementi Avenue 2 worth?

The most recent resale transaction at Block 338 Clementi Avenue 2 was $750,000 for a 5 room flat in 2025-03. The median price per square metre across all flat types is $5,882, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 338 Clementi Avenue 2?

Block 338 Clementi Avenue 2 was built in 1978 and has approximately 52 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.68%, meaning the leasehold value decreases by approximately 0.68% per year at the current remaining lease.

What flat types are available at Block 338 Clementi Avenue 2?

Block 338 Clementi Avenue 2 in Clementi contains 5 room flats. Resale prices range from $580,000 to $838,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 338 Clementi Avenue 2 gone up or down?

Resale prices at Block 338 Clementi Avenue 2 have increased by approximately 10.5% over the past five years. The current median price is $700,000, with the most recent sale at $750,000 in 2025-03.

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