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Block 344 Clementi Avenue 5

2 Room · Built 1979 · 52 years remaining lease · Updated Apr 2026 MOP Cleared

Block 344 Clementi Avenue 5 has 11 recorded HDB resale transactions since 2017. Latest sale: $305,000 (Apr 2026, 2 room, floors 04–06). Median $5,614/sqm. Built 1979, 52 years lease remaining.

How this block compares

  • 2 Room$307,500
    −24.5%vs town(−$100k)−18.0%vs national(−$68k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$305,000
Apr 2026 · 2 ROOM · Floor 04-06
Median $/sqm
$5,614
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 100%
#185 / 185 Top 100%
Latest Sale ?
Top 99%
#183 / 185 Top 99%
Value ($/sqm) ?
Top 44%
#82 / 185 Top 44%
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
−0.70%/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 52 years remaining 99 years
52 years 2 months
Remaining lease
↓ 0.70%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 52 years remaining, decay is gradual (~0.70%/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
2-Room $3,000 typically $2,500–$3,000 8.6% 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 3 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
3 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 344 Clementi Avenue 5 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 2026 04 TO 06 2 ROOM 44 sqm $305,000 $6,932
Apr 2026 01 TO 03 2 ROOM 44 sqm $310,000 $7,045
Oct 2023 07 TO 09 2 ROOM 44 sqm $300,000 $6,818
Aug 2023 07 TO 09 2 ROOM 44 sqm $305,000 $6,932
Nov 2022 10 TO 12 2 ROOM 44 sqm $290,000 $6,591
Jul 2019 04 TO 06 2 ROOM 44 sqm $205,000 $4,659
Jun 2019 07 TO 09 2 ROOM 44 sqm $205,000 $4,659
Jan 2019 10 TO 12 2 ROOM 44 sqm $240,000 $5,455
Dec 2018 07 TO 09 2 ROOM 44 sqm $222,000 $5,045
Oct 2018 10 TO 12 2 ROOM 44 sqm $220,000 $5,000
Jun 2018 04 TO 06 2 ROOM 44 sqm $247,000 $5,614
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 344 Clementi Avenue 5

Block 344 Clementi Avenue 5 in Clementi dates to 1979 and now has roughly 52 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 45% below the Clementi median, cheaper than about 99% of the town's blocks. It has a relatively light resale record, with 11 transactions since 2017 across 2 room flats priced from $205,000 to $310,000. The most recent transaction was a 2 room flat on storeys 04 TO 06 at $305,000 in Apr 2026, and the median works out to $5,614/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 344 Clementi Avenue 5 worth?

The most recent resale transaction at Block 344 Clementi Avenue 5 was $305,000 for a 2 room flat in 2026-04. The median price per square metre across all flat types is $5,614, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 344 Clementi Avenue 5?

Block 344 Clementi Avenue 5 was built in 1979 and has approximately 52 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 0.70%, meaning the leasehold value decreases by approximately 0.70% per year at the current remaining lease.

What flat types are available at Block 344 Clementi Avenue 5?

Block 344 Clementi Avenue 5 in Clementi contains 2 room flats. Resale prices range from $205,000 to $310,000 based on historical transaction records from data.gov.sg.

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