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Block 344 Clementi Avenue 5

2 Room · Built 1979 · 52 years remaining lease MOP Cleared
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%
#81 / 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
--
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.
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 at Clementi Avenue 5 is a residential HDB block in Clementi, Singapore, built in 1979 with approximately 52 years remaining on its 99-year lease. The block contains 2 room flats, with resale prices ranging from $205,000 to $310,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 04 TO 06 sold for $305,000 in 2026-04. The current median price per square metre is $5,614. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8338, with an annual lease decay rate of approximately 0.70%. 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 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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