Newly MOP-ed document breaking S$1,458,888 5-room Clementi resale luggage over S$750K acquire

Clementi isn’t any stranger to record-breaking HDB resale offers, and now the city has set a brand new benchmark as soon as once more. This time, a 5-room unit has crossed into uncharted territory, fetching an enormous S$1,458,888. With this sale, the unit now holds the title of the most costly HDB resale in Clementi

First Clementi resale to cross S$1.4M

The record-breaking flat is positioned in Clementi Crest at Block 445B Clementi Avenue 3. Sitting excessive between the twenty fifth to twenty seventh flooring of a 40-storey block, the unit’s elevation doubtless added to its attraction and closing value. The flat spans 1,216 sq. ft, which works out to about S$1,199 per sq. foot. As a result of Clementi Crest’s lease solely began in 2021, the unit additionally comes with round 94 years and 10 months left, giving consumers the reassurance of a recent lease. 

Curious if your property could possibly be a million-dollar resale? Verify its worth in underneath a minute with 99.co’s Property Worth Device.

Vendor doubtless walked away with over 100% revenue

 

Newly MOP-ed document breaking S,458,888 5-room Clementi resale luggage over S0K acquire
Picture credit score: Google Maps.

In case you had purchased this flat as a BTO again in 2016, likelihood is you’d be smiling all the way in which to the financial institution right this moment. At launch, 5-room flats in Clementi Crest began from round S$576,000 earlier than grants. However models on increased flooring got here with premiums of about S$5,000 per flooring, that means one between the twenty fifth and twenty seventh flooring might have value nearer to S$696,000–S$706,000.

Taking the center vary at S$701,000, a sale at S$1,458,888 means a revenue of about S$757,888. That’s a acquire of over 108% in simply 5 years. After all, private renovation prices and grants would have an effect on the actual determine, however even with these in thoughts, the returns are nonetheless substantial.

If any of those MOP-approaching houses belong to you and also you’re not sure about your subsequent property transfer, don’t hesitate to guide a FREE session with our 99 advisors right this moment!

Clementi Crest costs outpace the remainder of the city

graph depicting the price difference between clementi crest 5-room units and that of other 5-room projects in Clementi and all clementi room types.

In case you take a look at Clementi Crest’s numbers in 2025, the premium is obvious. The common psf for its 5-room flats sits at S$1,444, which is about 40.5% increased than the common psf for 5-room models throughout Clementi (S$814). In comparison with Clementi’s total common throughout all flat varieties (S$720), the hole is even wider at almost 59%.

While you take a look at gross sales traits over the previous 5 years, 3-room flats make up the majority of transactions, adopted by 4-room after which 5-room models. It’s not arduous to see why – 3-room models are probably the most budget-friendly possibility in Clementi, with a mean psf of S$605 in 2025.

graph depicting the price difference between clementi crest 5-room units and 4-room types over the past 5 years

Worth traits between 4-room and 5-room flats are additionally tightening. Again in 2020, 4-room flats have been priced about 3.75% decrease than their 5-room counterparts. Quick ahead to 2025, and that distinction has narrowed to simply 1.5%.

Now, whereas paying S$1.39M for a 5-room unit may sound hefty, put it facet by facet with close by condos of the same measurement, which usually begin from S$3M and above, and abruptly, Clementi Crest feels much more wallet-friendly.

That stated, costs don’t appear to be slowing anytime quickly. 

We’re already seeing some 5-room models in the identical undertaking listed at S$1.68M. Nonetheless, there’s a spread relying on the unit. On the decrease finish, you may spot a 5-room flat at round S$1.1M on 99.co. And in case you’re after one thing smaller, the 3-room models right here begin at about S$868K

On the lookout for extra HDB flats that MOP-ed lately in addition to Clementi Crest? Try our article right here: HDB BTO MOP 2025 & 2026 – Finest picks inside a 10-minute stroll to MRT & LRT stations

Do the upper costs actually make sense?

Not too way back, seeing a flat promote for S$1.2M felt uncommon. Nowadays, although, it’s occurring extra typically, and the worth benchmark has shifted upwards. However while you’re speaking about HDBs that cross the S$1.4M mark, that’s nonetheless a really unique membership. The truth is, solely a handful of cities have seen such transactions:

HDB cityTransactions above S$1.4M
Ang Mo Kio2
Bishan23
Bukit Merah22
Bukit Timah5
Central Space42
Clementi2
Kallang/Whampoa3
Queenstown11
Toa Payoh25

So, what made this Clementi unit climb into that bracket?

One map image of clementi crest
Picture credit score: One Map.

First, the peak of the unit in all probability performed a task. Clementi Crest is without doubt one of the taller developments within the space, and whereas Clementi Cascadia is shut in stature, it’s about 700m away. This doubtless means the customer loved unblocked views – one thing many are keen to pay additional for.

Second, the age of the undertaking issues. Freshly MOP-ed flats naturally command increased premiums, and there’s additionally the larger image to think about. With all of the chatter about VERS probably rolling out within the early 2030s, youthful flats might really feel like a safer guess for consumers. The truth is, only a month earlier, a 4-room flat in the identical block offered for S$1.28M (about S$1,279 psf), setting a document for Clementi 4-rooms.

Then, after all, you’ve received the placement. With Clementi, you’re near MRT stations, colleges, and a very good mixture of buying choices like Clementi Mall, Grantral Mall, and 321 Clementi. In case you drive, the AYE and PIE are simply minutes away, making island-wide journey smoother. Day-to-day residing can also be handy with hawker centres and markets close by, providing you with loads of reasonably priced meals choices. On weekends, inexperienced spots like West Coast Park and Clementi Woods Park are proper across the nook. 

However the actual kicker is its proximity to main progress areas. You’ve received Jurong Lake District, Singapore’s second CBD within the making, promising loads of future alternatives. One-north, with its cluster of media, tech, and biomedical industries, can also be close by. Collectively, these hubs make Clementi Crest an interesting alternative for anybody eyeing long-term worth.

Clementi Crest is a type of tasks that takes a whole lot of willpower to not make gimme arms at – the placement, comfort, and progress potential are all there. Actually, the one factor which may maintain consumers again is its steep price ticket. However for individuals who can comfortably drop near S$1.5M, the numbers begin to really feel much more justifiable.

Curious about extra All-Time Excessive (ATH) covers? Head on over right here

The put up Newly MOP-ed document breaking S$1,458,888 5-room Clementi resale luggage over S$750K acquire appeared first on .

Share the good news!
Avatar photo
admin_faithmh

Leave a Reply

Your email address will not be published. Required fields are marked *