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Block 342 Clementi Avenue 5

4 Room · 5 Room · Built 1979 · 53 years remaining lease · Updated Feb 2025 MOP Cleared

Block 342 Clementi Avenue 5 has 19 recorded HDB resale transactions since 2017. Latest sale: $715,000 (Feb 2025, 5 room, floors 04–06). Median $5,344/sqm. Prices up 10.9% over the past five years. Built 1979, 53 years lease remaining.

Latest Sale
$715,000
Feb 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$5,344
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +10.9%
Median price change
Median Price ?
Top 30%
#56 / 185 Top 30%
Latest Sale ?
Top 32%
#59 / 185 Top 32%
Value ($/sqm) ?
Top 59%
#109 / 185 Top 59%
5-Year Growth ?
Top 93%
#140 / 150 Top 93%
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
+2.1%/yr
vs
Lease Decay
−0.67%/yr
Growth assumption
Based on this block’s +10.9% growth over 5 years
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 53 years remaining 99 years
53 years 3 months
Remaining lease
↓ 0.67%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.67%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,900 typically $3,500–$4,200 5.4% Clementi avg · block too thin
5-Room $4,300 typically $4,200–$4,300 7.2% 5 rentals here
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 1 popular school. 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.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2025 04 TO 06 5 ROOM 121 sqm $715,000 $5,909
Jan 2025 10 TO 12 4 ROOM 98 sqm $610,000 $6,224
Jul 2024 01 TO 03 5 ROOM 121 sqm $645,000 $5,331
Jul 2024 07 TO 09 5 ROOM 121 sqm $745,000 $6,157
Jan 2024 01 TO 03 5 ROOM 125 sqm $638,000 $5,104
May 2023 07 TO 09 5 ROOM 121 sqm $700,000 $5,785
Mar 2023 01 TO 03 5 ROOM 121 sqm $650,000 $5,372
Mar 2023 04 TO 06 5 ROOM 123 sqm $710,000 $5,772
Aug 2022 04 TO 06 5 ROOM 123 sqm $745,000 $6,057
Dec 2021 10 TO 12 5 ROOM 125 sqm $668,000 $5,344
Oct 2021 04 TO 06 5 ROOM 121 sqm $630,000 $5,207
Aug 2021 10 TO 12 5 ROOM 121 sqm $660,000 $5,455
Jan 2021 01 TO 03 5 ROOM 121 sqm $430,000 $3,554
Dec 2020 10 TO 12 5 ROOM 121 sqm $618,000 $5,107
Nov 2020 10 TO 12 5 ROOM 125 sqm $605,000 $4,840
Dec 2019 07 TO 09 5 ROOM 121 sqm $552,000 $4,562
Dec 2018 04 TO 06 5 ROOM 121 sqm $555,000 $4,587
Jul 2018 10 TO 12 5 ROOM 121 sqm $662,888 $5,478
Mar 2018 10 TO 12 4 ROOM 98 sqm $520,000 $5,306
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 342 Clementi Avenue 5

Block 342 at Clementi Avenue 5 is a residential HDB block in Clementi, Singapore, built in 1979 with approximately 53 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $430,000 to $745,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $715,000 in 2025-02. The current median price per square metre is $5,344. Over the past five years, resale prices at this block have increased by approximately 10.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8399, with an annual lease decay rate of approximately 0.67%. 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 342 Clementi Avenue 5 worth?

The most recent resale transaction at Block 342 Clementi Avenue 5 was $715,000 for a 5 room flat in 2025-02. The median price per square metre across all flat types is $5,344, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 342 Clementi Avenue 5?

Block 342 Clementi Avenue 5 was built in 1979 and has approximately 53 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.67%, meaning the leasehold value decreases by approximately 0.67% per year at the current remaining lease.

What flat types are available at Block 342 Clementi Avenue 5?

Block 342 Clementi Avenue 5 in Clementi contains 4 room, 5 room flats. Resale prices range from $430,000 to $745,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 342 Clementi Avenue 5 gone up or down?

Resale prices at Block 342 Clementi Avenue 5 have increased by approximately 10.9% over the past five years. The current median price is $645,000, with the most recent sale at $715,000 in 2025-02.

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