Blk 348 Clementi Avenue 5
About 348 Clementi Ave 5
348 Clementi Avenue 5 comprises 4 room HDB blocks and is located in Clementi. It was completed in year 1978 and the lease commenced in 1979. The remaining lease period with HDB is therefore approximately 61 years 02 months.
The highest floor for this block is 12. The unit floor size is 92sqm, based on past transactions data. The latest resale transaction was in Feb 2024 and the highest transacted price was recorded in Oct 2022 for a 4 room unit at $576,888.
In terms of accessibility to schools, there are several primary schools located within 1km of block 348, including Pei Tong Primary School and Clementi Primary School.
For secondary education, the nearby schools include New Town Secondary School and Clementi Town Secondary School.
Block 348 is also well-connected to public transportation, with several MRT stations close by, including Clementi MRT Station (EW23).
There are also 8 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $460,000 | $523,315 | $576,888 | 6 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $2,350 | $3,425 | $4,100 | 8 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room units at 348 Clementi Avenue 5.
- 4 room sales : Stable or no visible trend
- 4 room price : Trending up
Resale transaction details and prices
There were a total of 6 resale transactions in the last 3 years for units in block 348 Clementi Avenue 5, with the latest one recorded in Feb 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Feb 2024 | $538,000 | $5,848 | 4 Room | Blk 348 Clementi Avenue 5 4 Room / 92 sqm | 07 to 09 | 92 sqm | New Generation | 1979 |
| Oct 2023 | $560,000 | $6,087 | 4 Room | Blk 348 Clementi Avenue 5 4 Room / 92 sqm | 04 to 06 | 92 sqm | New Generation | 1979 |
| Feb 2023 | $485,000 | $5,272 | 4 Room | Blk 348 Clementi Avenue 5 4 Room / 92 sqm | 04 to 06 | 92 sqm | New Generation | 1979 |
| Oct 2022 | $576,888 | $6,271 | 4 Room | Blk 348 Clementi Avenue 5 4 Room / 92 sqm | 10 to 12 | 92 sqm | New Generation | 1979 |
| Apr 2022 | $520,000 | $5,652 | 4 Room | Blk 348 Clementi Avenue 5 4 Room / 92 sqm | 07 to 09 | 92 sqm | New Generation | 1979 |
| Dec 2021 | $460,000 | $5,000 | 4 Room | Blk 348 Clementi Avenue 5 4 Room / 92 sqm | 04 to 06 | 92 sqm | New Generation | 1979 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room units at 348 Clementi Avenue 5.
- 4 room rental : Trending down
- 4 room rental price : Trending up
Rental transaction details and prices
There were a total of 8 rental transactions in the last 3 years for units in block 348 Clementi Avenue 5. The latest recorded one was in Sep 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Sep 2024 | $3,850 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| Jun 2024 | $3,950 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| May 2024 | $3,100 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| Sep 2023 | $4,100 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| May 2023 | $3,550 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| Jul 2022 | $3,400 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| Jul 2022 | $3,100 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
| May 2022 | $2,350 | 4 Room | Blk 348 Clementi Avenue 5 4 Room | Clementi |
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Property information for 348 Clementi Avenue 5
| Block | : | 348 |
| Street | : | Clementi Avenue 5 |
| Building | : | |
| Postal code | : | 120348 |
| Town | : | Clementi |
| Recorded transactions floor area | : | 92 sqm |
| Recorded transactions flat types | : | 4 Room |
| Recorded transactions flat models | : | New Generation |
| Lease commencement | : | 1979 |
| Year completed | : | 1978 |
| Max. Floor | : | 12 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |
