Skip to content

Block 348 Clementi Avenue 5

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

Block 348 Clementi Avenue 5 has 21 recorded HDB resale transactions since 2017. Latest sale: $510,000 (Apr 2026, 4 room, floors 01–03). Median $5,000/sqm. Prices up 11.5% over the past five years. Built 1979, 52 years lease remaining.

Latest Sale
$510,000
Apr 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$5,000
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +11.5%
Median price change
Median Price ?
Top 49%
#90 / 185 Top 49%
Latest Sale ?
Top 58%
#108 / 185 Top 58%
Value ($/sqm) ?
Top 77%
#142 / 185 Top 77%
5-Year Growth ?
Top 91%
#137 / 150 Top 91%
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
+2.2%/yr
vs
Lease Decay
−0.70%/yr
Growth assumption
Based on this block’s +11.5% 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 52 years remaining 99 years
52 years
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
4-Room $3,900 typically $3,500–$4,200 5.4% 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 2026 01 TO 03 4 ROOM 92 sqm $510,000 $5,543
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
Showing 20 of 21 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 52 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 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $510,000 in 2026-04. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 11.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8329, 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 348 Clementi Avenue 5 worth?

The most recent resale transaction at Block 348 Clementi Avenue 5 was $510,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,000, based on 21 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 52 years 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 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.

Have HDB prices at Block 348 Clementi Avenue 5 gone up or down?

Resale prices at Block 348 Clementi Avenue 5 have increased by approximately 11.5% over the past five years. The current median price is $460,000, with the most recent sale at $510,000 in 2026-04.

Link copied to clipboard