Imagine the thrill of snagging a home that shatters resale records—well, that’s exactly what happened in Clementi, where a five-room HDB flat at Block 445B Clementi Avenue 3 fetched an eye-popping $1.459 million, setting a new all-time high for such units in the area.
Picture the rush of buying a record-shattering HDB gem in Clementi—a five-room flat soared to $1.459 million, the area’s ultimate high!
This transaction, reported in the third quarter of 2025, involved a spacious 1,216 square foot unit on the 25th to 27th storeys of a 40-storey block, offering those wide, unblocked views that buyers dream about.
Nestled in the desirable Clementi Crest estate, the flat benefits from its proximity to transport hubs, schools, and everyday amenities, making it a prime spot for families.
Launched as a Build-To-Order project in 2015 with its lease starting in 2021, this modern development has quickly become a hot commodity.
The unit just completed its five-year Minimum Occupation Period before hitting the resale market, leaving about 94 years on the lease—a hefty remainder that boosts its appeal for long-term value.
Real estate experts aren’t shocked by the price, pointing to the flat’s high-floor perks and nearly new condition as key draws in a market where demand for such properties in mature estates is soaring.
Amid a steady climb in HDB resale prices, with a 0.9% rise in Q2 2025 following 1.6% in Q1, million-dollar deals are popping up more often in central locations like Clementi. This follows a robust 9.7% increase in 2024, contributing to the current trends.
For context, the previous record for a four-room flat there was $1.28 million in July 2025, while neighboring units fetched $1.16 million earlier that year. This marks the second 4-room flat in Clementi to exceed $1.2 million in July, based on URA caveats.
This five-room stunner, originally priced around $478,000 excluding grants, likely netted the seller an estimated $802,000 profit, or about 167.8% gain—though remember, taxes and costs could trim that figure.
Observers highlight how Clementi Crest’s blend of modern design and convenience fuels these records, with more units now eligible for resale potentially shaking things up further.
For buyers, it underscores the payoff of snagging newer flats in developed areas, especially with long leases providing that sense of security.
Sellers, meanwhile, might feel encouraged to list, riding the wave of robust demand in Singapore’s HDB scene.
The strong performance of this HDB resale stands in contrast to the developer sales plunge in March, showing the resilience of Singapore’s secondary housing market.
All in all, this sale signals a healthy, evolving market where prime properties command top dollar, and who knows what record might fall next?
