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Block 722 Clementi West Street 2

3 Room · Built 1985 · 64 years remaining lease MOP Cleared
Latest Sale
$290,000
Jul 2020 · 3 ROOM · Floor 01-03
Median $/sqm
$3,452
Based on 1 transactions
Total Transactions
1
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 99%
#183 / 185 Top 99%
Latest Sale ?
Top 99%
#184 / 185 Top 99%
Value ($/sqm) ?
Top 100%
#185 / 185 Top 100%
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
−0.43%/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 64 years remaining 99 years
64 years 3 months
Remaining lease
↓ 0.43%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 64 years remaining, decay is gradual (~0.43%/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
Jul 2020 01 TO 03 3 ROOM 84 sqm $290,000 $3,452
Showing 1 of 1 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 722 Clementi West Street 2

Block 722 at Clementi West Street 2 is a residential HDB block in Clementi, Singapore, built in 1985 with approximately 64 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $290,000 to $290,000 based on 1 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $290,000 in 2020-07. The current median price per square metre is $3,452. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8903, with an annual lease decay rate of approximately 0.43%. 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 722 Clementi West Street 2 worth?

The most recent resale transaction at Block 722 Clementi West Street 2 was $290,000 for a 3 room flat in 2020-07. The median price per square metre across all flat types is $3,452, based on 1 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 722 Clementi West Street 2?

Block 722 Clementi West Street 2 was built in 1985 and has approximately 64 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 0.43%, meaning the leasehold value decreases by approximately 0.43% per year at the current remaining lease.

What flat types are available at Block 722 Clementi West Street 2?

Block 722 Clementi West Street 2 in Clementi contains 3 room flats. Resale prices range from $290,000 to $290,000 based on historical transaction records from data.gov.sg.

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