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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
$6,557
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 63%
#117 / 185 Top 63%
Latest Sale ?
Top 61%
#113 / 185 Top 61%
Value ($/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
--
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

No popular school is within 1 km, but 3sit in the 1–2 km second-priority band.

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.
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 at Clementi Avenue 2 is a residential HDB block in Clementi, Singapore, built in 2003 with approximately 77 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $330,000 to $500,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $500,000 in 2024-04. The current median price per square metre is $6,557. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9315, with an annual lease decay rate of approximately 0.26%. 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 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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