Clementi 4-Room HDB Sold For Record $1.28 Million – Here’s What Makes It So Special

Get The Property Insights Serious Buyers Read First: Join 50,000+ readers who rely on our weekly breakdowns of Singapore’s property market.

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.
The previous record high for a 4-room flat in Clementi, $1.16 million for a unit at 441B Clementi Ave 3, was just broken today. A 4-room flat in the same vicinity, at block 445B, managed to fetch a new record price of $1.28 million. This is more than double its estimated original selling price of about $600,000.
The project in question is Clementi Crest, which was launched during the 2015 BTO exercise. The HDB project only recently reached its first Minimum Occupation Period (MOP). So far only two transactions have taken place in Clementi Crest, but it’s not hard to see this is going to be one of Clementi’s headline HDB developments – likely for many years to come.
Owners made approximately $600K or more
Clementi Crest 4-room HDBs were selling for between $478,000 to $621,000 during the May 2015 BTO exercise, while 5-room flats went for between $576,000 to $725,000.
This may been seen as expensive then considering 2015 was in the midst of a property price decline.
Assuming the owner paid around $600,000 given they are on the high floor, their raw gains would have been above $600,000 – possibly even around the $700,000 mark.
This is essentially double the amount paid.
Today, you’ll find homeowners listing their property from $999,000 as of this writing.

Why does Clementi Crest command record prices?
Mainly, the location. This project consists of two 40-storey blocks and 385 units of 4- and 5-room flats, and was built with focus on an “integrated lifestyle.” Clementi Mall, the major mall for the area, is within walking distance; and the mall is connected to Clementi MRT station (EWL, CRL.) The Clementi Market & Food Centre is also just across from this block, and other nearby amenities include 321 Clement and Grantral Mall (although these are much smaller than Clementi Mall.)

This location also provides good school access. From a check on OneMap.sg, there are also four Primary schools within one-kilometre enrolment distance. Clementi Primary School is the closest, also along Clementi Ave 3, followed by Pei Tong (Clementi Ave 5) and Nan Hua (Jalan Lempeng). Qifa Primary, along West Coast Avenue, is also within one kilometre.
More from Stacked
Is It Really A Buyer’s Market Right Now?
“Covid-19 = economic downturn = desperate sellers”.

The 40-storey blocks also have unimpeded views, as the surroundings tend to be low-rise. It’s quite rare to have this in dense mature estates like Clementi, and this likely contributes to the premium. The current record holder ($1.28 million) is located between the 34th to 36th floor, so the floor height likely contributed to the premium.

Clementi Crest is also quite new for a project in a mature estate like Clementi, being only around 10-years old. By coincidence, we have researched the Clementi area before in 2022 (for an unrelated property), and back then we found that many resale flats here are between 36 to 50 years old, with a subset of newer units at 16 to 20 years old.
While the price premium for age is usually right after the Minimum Occupancy Period (MOP) of five years, this is still a new-enough flat that its age can entice better offers.
Whilst high, the price point is not unreasonable
If this project were to be in a BTO launch today, it would likely fall under the Plus category, with a 10-year MOP and subsidy clawback. As is, it rivals the location of many Plus location projects with none of the drawbacks; and this particular part of Clementi, near the mall and MRT station, is likely to maintain its appeal even long into the future.
This project also makes us turn our attention to the recently launched ELTA, a fully private condo. While the two are both in Clementi, the Clementi Crest project is an even shorter distance to Clementi Mall and the MRT station; and yet even two-bedders (614 sq ft) at ELTA begin at around $1.34 million. In light of that, it’s unsurprising if some buyers decide that sub-$1.3 million for a much bigger 4-room flat, with comparable (if not better) location, might be a viable alternative.
For those looking to find a BTO in the area next time, you can also look forward to the Clementi site nearby coming out this month. Though as mentioned, it’ll likely face some resale restrictions given its location.
Follow us on Stacked as we track the movements of the Singapore property market.
Ryan J
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.Read next from Singapore Property News

Uncategorized Why More Singaporeans May Soon Trade Condos For Resale HDBs

Singapore Property News This 5-Room HDB in Clementi Just Sold For $1.458M: Here’s What The Seller Could Have Made

Singapore Property News 14,000 Homes In Kranji And A Transformed Woodlands — Will The North Become Singapore’s Next Hotspot?

Singapore Property News NDP Rally 2025: The 4 Key Housing Takeaways for Singaporeans
Latest Posts

Property Advice Why Fixed Fee Agents Might Cost You More Than You Think

Homeowner Stories How We Sold Our Hundred Palms EC in a Day (And Why We Took the First Offer)

Property Market Commentary I Tested ChatGPT Against Claude on Singapore Condo Floor Plans — And There Was a Clear Winner

Editor's Pick Treasure at Tampines Pricing Review: How Its Prices Compare to D18, OCR, and the Wider Market

Property Investment Insights Which Resale Two-Bedroom Condos Quietly Made Buyers Six-Figure Profits In Singapore?

Property Market Commentary Why Developers Are Now Building for Families in Singapore’s Most Expensive Districts

Editor's Pick We Toured A Freehold Landed Estate Next To Mount Faber – With Semi-Detached Units From $5.2million

Editor's Pick Singaporeans Are Buying More Overseas Homes — But Few Have Prepared For These Things

On The Market We Found The Cheapest And Biggest 5-room Flats Over 1,400 Sq ft You Can Buy Right Now

Pro Low Floor vs. High Floor: What Transaction Data Reveals About the Premium

Editor's Pick Why I Bought A $1.47M 2-Bedroom Stirling Residences Condo Unit: A Buyer’s Case Study

Property Advice The Math Behind Why 30–35 Is The Sweet Spot To Upgrade From HDB To Condo

Pro Can a One-Bedder Outperform a Two-Bedder? We Analysed 5 Years of Data

Editor's Pick We Toured A Freehold Landed Estate In Singapore With Vintage Properties and Top Thai Restaurants

On The Market 5 Cheapest 3-Bedroom Condos To Buy Right Now In 2025 (From $980K)
