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Block 724 Clementi West Street 2

5 Room · Built 1981 · 53 years remaining lease MOP Cleared
Latest Sale
$835,000
Apr 2026 · 5 ROOM · Floor 22-24
Median $/sqm
$5,212
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +29.6%
Median price change
Median Price ?
Top 33%
#61 / 185 Top 33%
Latest Sale ?
Top 22%
#40 / 185 Top 22%
Value ($/sqm) ?
Top 67%
#124 / 185 Top 67%
5-Year Growth ?
Top 38%
#55 / 146 Top 38%
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.
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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