Block 338 Clementi Ave 2
338 Clementi Ave 2, Singapore 120338
Block 338 Clementi Ave 2 is an HDB block in Clementi, completed in 1978, with 96 dwelling units. Across 123 resales on record, 5-Room flats have recently resold around S$700k (S$546 psf, 119 sqm). The lease has approximately 53 years remaining.
What are the key facts about Block 338 Clementi Ave 2?
Block 338 Clementi Ave 2 is an HDB block in Clementi, completed in 1978, with 96 dwelling units.
- Town
- Clementi
- Planning area
- Clementi
- Completed
- 1978
- Storeys
- 25
- Total units
- 96
- Flat model
- Improved
- Market segment
- RCR
- Median resale
- S$700k
- Last transacted
- Mar 2025
- Remaining lease
- ≈ 53 years
What are resale prices at Block 338 Clementi Ave 2?
5-Room flats have recently resold around S$700k (S$546 psf), from 123 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 5-Room | 123 | S$700,000recent | 119 sqm | S$546 psf |
Live now: 0 flats listed for sale at this block and 3 for rent — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Mar 2025.
What rent and yield does Block 338 Clementi Ave 2 get?
Flats at Block 338 Clementi Ave 2 have recently sublet for a median of S$3,500/mo, an indicative gross rental yield of about 6.0% (from 22 recent rental contracts).
Median rent
S$3,500/mo
22 recent contracts
Gross rental yield
6.0%
indicative, gross
Annual rent
S$42,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 22 | S$3,500/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 338 Clementi Ave 2?
Block 338 Clementi Ave 2 has 123 recorded resales; the most recent transacted at S$750,000 in Mar 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Mar 2025 | 5-Room | 10 TO 12 | 119 sqm | S$750,000 |
| Apr 2024 | 5-Room | 04 TO 06 | 119 sqm | S$760,000 |
| Mar 2023 | 5-Room | 04 TO 06 | 119 sqm | S$700,000 |
| Nov 2022 | 5-Room | 16 TO 18 | 119 sqm | S$838,000 |
| Jul 2022 | 5-Room | 01 TO 03 | 119 sqm | S$600,000 |
| Jul 2022 | 5-Room | 22 TO 24 | 119 sqm | S$758,000 |
| Jun 2022 | 5-Room | 19 TO 21 | 119 sqm | S$686,000 |
| Jul 2021 | 5-Room | 13 TO 15 | 119 sqm | S$678,888 |
| Jun 2021 | 5-Room | 04 TO 06 | 119 sqm | S$580,000 |
| Mar 2021 | 5-Room | 25 TO 27 | 119 sqm | S$705,000 |
| Apr 2019 | 5-Room | 07 TO 09 | 119 sqm | S$698,000 |
| Aug 2018 | 5-Room | 25 TO 27 | 119 sqm | S$728,000 |
What flat types are in Block 338 Clementi Ave 2?
Block 338 Clementi Ave 2 has 96 units, mostly 5-Room flats of the Improved model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 338 Clementi Ave 2?
Block 338 Clementi Ave 2 is an HDB block in Clementi.
Block 338 Clementi Ave 2 is an HDB block located along Clementi Ave 2. The block is recorded as completed around 1978, with up to 25 storeys. It has an estimated 96 residential units based on the HDB property information dataset. Flat types in the block include 5-room units.
The address is Block 338 Clementi Ave 2, Singapore 120338. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, the Clementi planning area. The block falls within the West Region and the RCR market segment.
The nearest rail connection is Clementi MRT, approximately 500m away, around 8 minutes on foot. Nearby amenities include The Clementi Mall for shopping, U STARS SUPERMARKET PTE. LTD. for groceries, Blk 353 Clementi Ave 2 for food options, Clementi Crescent Pg for greenery and recreation, Clementi Polyclinic for polyclinic services, and Clementi Community Centre for community facilities.
How far is Block 338 Clementi Ave 2 from MRT and schools?
The nearest MRT/LRT to Block 338 Clementi Ave 2 is Clementi MRT, about 500 m away (~8 min walk). 7 schools are within 1 km, including 3 primary schools.
Getting around
- Clementi MRT500 m · ~8 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Pei Tong Primary SchoolPrimary schoolwithin 1 km · P1 priority215 m
- School Of Science And Technology, SingaporeSecondary schoolwithin 1 km623 m
- Clementi Primary SchoolPrimary schoolwithin 1 km · P1 priority723 m
- New Town Secondary SchoolSecondary schoolwithin 1 km831 m
- Clementi Town Secondary SchoolSecondary schoolwithin 1 km839 m
- Nan Hua High SchoolSecondary schoolwithin 1 km918 m
- Nan Hua Primary SchoolPrimary schoolwithin 1 km · P1 priority992 m
- Nus High School Of Mathematics And ScienceMixed-level school1.1 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 338 Clementi Ave 2?
Buying a flat at Block 338 Clementi Ave 2 (~S$700k) needs about S$5,580/mo in income and S$2,628/mo in repayments, after S$15,600 stamp duty and a S$175k downpayment.
Illustrative, for a buyer at the recent median resale price (S$700k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$15,600
BSD, tiered
Downpayment (25%)
S$175k
cash + CPF
Monthly instalment
S$2,628/mo
25y @ 3.5%
Income required
S$5,580/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 338 Clementi Ave 2? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 338 Clementi Ave 2 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 338 Clementi Ave 2
How much does a 5-Room flat at Block 338 Clementi Ave 2 cost?⌄
5-Room flats at Block 338 Clementi Ave 2 have recently resold for a median of about S$700k (S$546 psf), from 123 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 338 Clementi Ave 2 worth buying given its remaining lease?⌄
Block 338 Clementi Ave 2 has about 53 years left on its 99-year lease (completed 1978). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 338 Clementi Ave 2?⌄
Gross rental yield at Block 338 Clementi Ave 2 is about 6.0%, based on a median subletting rent of about S$3,500/mo against a resale price of about S$700k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 338 Clementi Ave 2?⌄
For a flat at about S$700k on a 25-year HDB-style loan, you'd need roughly S$5,580/mo in household income, with repayments around S$2,628/mo after a S$175k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 338 Clementi Ave 2?⌄
The nearest MRT/LRT station to Block 338 Clementi Ave 2 is Clementi MRT, about 500 m away (~8 min walk).
Which primary schools are within 1 km of Block 338 Clementi Ave 2?⌄
Pei Tong Primary School, Clementi Primary School, Nan Hua Primary School are within 1 km of Block 338 Clementi Ave 2 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.