Block 348 Clementi Avenue 5

4 Room · Built 1979 · 54 years remaining lease MOP Cleared
Latest Sale
$538,000
Feb 2024 · 4 ROOM · #07-09
Median $/sqm
$5,000
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
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Insufficient data
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 54 years remaining 99 years
54 years 2 months
Remaining lease
↓ 0.64%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.64%/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
Feb 2024 07 TO 09 4 ROOM 92 sqm $538,000 $5,848
Oct 2023 04 TO 06 4 ROOM 92 sqm $560,000 $6,087
Feb 2023 04 TO 06 4 ROOM 92 sqm $485,000 $5,272
Oct 2022 10 TO 12 4 ROOM 92 sqm $576,888 $6,271
Apr 2022 07 TO 09 4 ROOM 92 sqm $520,000 $5,652
Dec 2021 04 TO 06 4 ROOM 92 sqm $460,000 $5,000
Jul 2021 04 TO 06 4 ROOM 92 sqm $455,000 $4,946
Jul 2021 07 TO 09 4 ROOM 92 sqm $480,000 $5,217
Apr 2021 04 TO 06 4 ROOM 92 sqm $400,000 $4,348
Dec 2020 01 TO 03 4 ROOM 92 sqm $438,000 $4,761
Nov 2020 07 TO 09 4 ROOM 92 sqm $448,000 $4,870
Sep 2020 04 TO 06 4 ROOM 92 sqm $435,000 $4,728
Jul 2020 01 TO 03 4 ROOM 92 sqm $435,000 $4,728
May 2020 07 TO 09 4 ROOM 92 sqm $445,000 $4,837
Feb 2020 07 TO 09 4 ROOM 92 sqm $465,000 $5,054
Nov 2019 07 TO 09 4 ROOM 92 sqm $490,000 $5,326
Oct 2019 10 TO 12 4 ROOM 92 sqm $428,000 $4,652
Apr 2019 04 TO 06 4 ROOM 92 sqm $460,000 $5,000
Jul 2018 10 TO 12 4 ROOM 92 sqm $456,666 $4,964
Jan 2017 01 TO 03 4 ROOM 92 sqm $488,000 $5,304
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 348 Clementi Avenue 5

Block 348 at Clementi Avenue 5 is a residential HDB block in Clementi, Singapore, built in 1979 with approximately 54 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $400,000 to $576,888 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $538,000 in 2024-02. The current median price per square metre is $5,000. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8449, with an annual lease decay rate of approximately 0.64%. 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 348 Clementi Avenue 5 worth?

The most recent resale transaction at Block 348 Clementi Avenue 5 was $538,000 for a 4 room flat in 2024-02. The median price per square metre across all flat types is $5,000, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 348 Clementi Avenue 5?

Block 348 Clementi Avenue 5 was built in 1979 and has approximately 54 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 0.64%, meaning the leasehold value decreases by approximately 0.64% per year at the current remaining lease.

What flat types are available at Block 348 Clementi Avenue 5?

Block 348 Clementi Avenue 5 in Clementi contains 4 room flats. Resale prices range from $400,000 to $576,888 based on historical transaction records from data.gov.sg.

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