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Block 724 Clementi West Street 2

5 Room · Built 1981 · 53 years remaining lease · Updated Apr 2026 MOP Cleared

Block 724 Clementi West Street 2 has 19 recorded HDB resale transactions since 2017. Latest sale: $835,000 (Apr 2026, 5 room, floors 22–24). Median $5,212/sqm. Prices up 29.6% over the past five years. Built 1981, 53 years lease remaining.

Latest Sale
$835,000
Apr 2026 · 5 ROOM · Floor 22-24
Median $/sqm
$5,212
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +29.6%
Median price change
Median Price ?
Top 33%
#61 / 185 Top 33%
Latest Sale ?
Top 22%
#41 / 185 Top 22%
Value ($/sqm) ?
Top 69%
#127 / 185 Top 69%
5-Year Growth ?
Top 37%
#56 / 150 Top 37%
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
+5.3%/yr
vs
Lease Decay
−0.65%/yr
Growth assumption
Based on this block’s +29.6% 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 10 months
Remaining lease
↓ 0.65%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.65%/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
5-Room $3,800 typically $3,700–$3,800 6.2% 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

No popular school is within 1 km, but 2sit 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 22 TO 24 5 ROOM 118 sqm $835,000 $7,076
Feb 2026 07 TO 09 5 ROOM 118 sqm $738,000 $6,254
Jan 2026 19 TO 21 5 ROOM 118 sqm $738,888 $6,262
May 2024 10 TO 12 5 ROOM 118 sqm $660,000 $5,593
Oct 2023 22 TO 24 5 ROOM 118 sqm $738,000 $6,254
Feb 2023 04 TO 06 5 ROOM 118 sqm $600,000 $5,085
Jan 2023 22 TO 24 5 ROOM 118 sqm $695,000 $5,890
Aug 2022 16 TO 18 5 ROOM 118 sqm $672,000 $5,695
Nov 2021 01 TO 03 5 ROOM 118 sqm $520,000 $4,407
Oct 2021 22 TO 24 5 ROOM 118 sqm $610,000 $5,169
Jun 2021 01 TO 03 5 ROOM 118 sqm $530,000 $4,492
Apr 2021 16 TO 18 5 ROOM 118 sqm $670,000 $5,678
Oct 2020 10 TO 12 5 ROOM 118 sqm $615,000 $5,212
Oct 2020 07 TO 09 5 ROOM 118 sqm $585,000 $4,958
Sep 2020 07 TO 09 5 ROOM 118 sqm $600,000 $5,085
Jan 2020 19 TO 21 5 ROOM 118 sqm $600,000 $5,085
Oct 2019 10 TO 12 5 ROOM 118 sqm $615,000 $5,212
May 2018 04 TO 06 5 ROOM 118 sqm $600,000 $5,085
Jan 2017 07 TO 09 5 ROOM 118 sqm $618,000 $5,237
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 724 Clementi West Street 2

Block 724 at Clementi West Street 2 is a residential HDB block in Clementi, Singapore, built in 1981 with approximately 53 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $520,000 to $835,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 22 TO 24 sold for $835,000 in 2026-04. The current median price per square metre is $5,212. Over the past five years, resale prices at this block have increased by approximately 29.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8431, with an annual lease decay rate of approximately 0.65%. 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 724 Clementi West Street 2 worth?

The most recent resale transaction at Block 724 Clementi West Street 2 was $835,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,212, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 724 Clementi West Street 2?

Block 724 Clementi West Street 2 was built in 1981 and has approximately 53 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.65%, meaning the leasehold value decreases by approximately 0.65% per year at the current remaining lease.

What flat types are available at Block 724 Clementi West Street 2?

Block 724 Clementi West Street 2 in Clementi contains 5 room flats. Resale prices range from $520,000 to $835,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 724 Clementi West Street 2 gone up or down?

Resale prices at Block 724 Clementi West Street 2 have increased by approximately 29.6% over the past five years. The current median price is $615,000, with the most recent sale at $835,000 in 2026-04.

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