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Block 367 Clementi Avenue 2

3 Room · Built 2003 · 77 years remaining lease · Updated Apr 2024 MOP Cleared

Block 367 Clementi Avenue 2 has 13 recorded HDB resale transactions since 2017. Latest sale: $500,000 (Apr 2024, 3 room, floors 07–09). Median $6,557/sqm. Built 2003, 77 years lease remaining.

Latest Sale
$500,000
Apr 2024 · 3 ROOM · Floor 07-09
Median $/sqm
$6,557
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 64%
#118 / 185 Top 64%
Latest Sale ?
Top 60%
#111 / 185 Top 60%
Value ($/sqm) ?
Top 20%
#37 / 185 Top 20%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.26%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 77 years remaining 99 years
77 years 11 months
Remaining lease
↓ 0.26%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 77 years remaining, decay is gradual (~0.26%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Clementi average.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,800–$3,200 8.4% Clementi avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 367 Clementi Avenue 2 in Clementi, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Clementi
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2024 07 TO 09 3 ROOM 61 sqm $500,000 $8,197
Oct 2023 19 TO 21 3 ROOM 61 sqm $500,000 $8,197
Oct 2022 16 TO 18 3 ROOM 61 sqm $488,000 $8,000
Aug 2022 10 TO 12 3 ROOM 61 sqm $433,500 $7,107
Aug 2022 10 TO 12 3 ROOM 61 sqm $455,000 $7,459
May 2021 22 TO 24 3 ROOM 61 sqm $452,000 $7,410
Apr 2021 16 TO 18 3 ROOM 61 sqm $400,000 $6,557
Jul 2020 16 TO 18 3 ROOM 61 sqm $400,000 $6,557
Sep 2018 07 TO 09 3 ROOM 61 sqm $380,000 $6,230
May 2018 16 TO 18 3 ROOM 61 sqm $380,000 $6,230
Feb 2018 19 TO 21 3 ROOM 61 sqm $378,000 $6,197
Dec 2017 04 TO 06 3 ROOM 61 sqm $330,000 $5,410
Aug 2017 19 TO 21 3 ROOM 61 sqm $355,000 $5,820
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 367 Clementi Avenue 2

Block 367 Clementi Avenue 2 is a mature HDB block in Clementi, built in 2003 with about 77 years remaining on its 99-year lease. Its median sits about 11% below the Clementi median, cheaper than about 62% of the town's blocks. It has a relatively light resale record, with 13 transactions since 2017 across 3 room flats priced from $330,000 to $500,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $500,000 in Apr 2024, and the median works out to $6,557/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9315, an annual lease decay of about 0.26%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 367 Clementi Avenue 2 worth?

The most recent resale transaction at Block 367 Clementi Avenue 2 was $500,000 for a 3 room flat in 2024-04. The median price per square metre across all flat types is $6,557, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 367 Clementi Avenue 2?

Block 367 Clementi Avenue 2 was built in 2003 and has approximately 77 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.26%, meaning the leasehold value decreases by approximately 0.26% per year at the current remaining lease.

What flat types are available at Block 367 Clementi Avenue 2?

Block 367 Clementi Avenue 2 in Clementi contains 3 room flats. Resale prices range from $330,000 to $500,000 based on historical transaction records from data.gov.sg.

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