Block 342 Clementi Ave 5
342 Clementi Ave 5, Singapore 120342
Block 342 Clementi Ave 5 is an HDB block in Clementi, completed in 1978, with 88 dwelling units. Across 116 resales on record, 5-Room flats have recently resold around S$660k (S$507 psf, 121 sqm). The lease has approximately 53 years remaining.
What are the key facts about Block 342 Clementi Ave 5?
Block 342 Clementi Ave 5 is an HDB block in Clementi, completed in 1978, with 88 dwelling units.
- Town
- Clementi
- Planning area
- Clementi
- Completed
- 1978
- Storeys
- 12
- Total units
- 88
- Flat model
- Improved · New Generation
- Market segment
- RCR
- Median resale
- S$660k
- Last transacted
- Feb 2025
- Remaining lease
- ≈ 53 years
What are resale prices at Block 342 Clementi Ave 5?
5-Room flats have recently resold around S$660k (S$507 psf), from 116 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 9 | S$270,000recent | 98 sqm | S$256 psf |
| 5-Room | 107 | S$660,000recent | 121 sqm | S$499 psf |
Live now: 4 flats listed for sale at this block (median asking S$783k) — 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 Feb 2025.
What rent and yield does Block 342 Clementi Ave 5 get?
Flats at Block 342 Clementi Ave 5 have recently sublet for a median of S$4,000/mo, an indicative gross rental yield of about 7.3% (from 24 recent rental contracts).
Median rent
S$4,000/mo
24 recent contracts
Gross rental yield
7.3%
indicative, gross
Annual rent
S$48,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 18 | S$4,200/mo |
| 4-Room | 6 | S$3,300/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 Jun 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 342 Clementi Ave 5?
Block 342 Clementi Ave 5 has 116 recorded resales; the most recent transacted at S$715,000 in Feb 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Feb 2025 | 5-Room | 04 TO 06 | 121 sqm | S$715,000 |
| Jan 2025 | 4-Room | 10 TO 12 | 98 sqm | S$610,000 |
| Jul 2024 | 5-Room | 01 TO 03 | 121 sqm | S$645,000 |
| Jul 2024 | 5-Room | 07 TO 09 | 121 sqm | S$745,000 |
| Jan 2024 | 5-Room | 01 TO 03 | 125 sqm | S$638,000 |
| May 2023 | 5-Room | 07 TO 09 | 121 sqm | S$700,000 |
| Mar 2023 | 5-Room | 01 TO 03 | 121 sqm | S$650,000 |
| Mar 2023 | 5-Room | 04 TO 06 | 123 sqm | S$710,000 |
| Aug 2022 | 5-Room | 04 TO 06 | 123 sqm | S$745,000 |
| Dec 2021 | 5-Room | 10 TO 12 | 125 sqm | S$668,000 |
| Oct 2021 | 5-Room | 04 TO 06 | 121 sqm | S$630,000 |
| Aug 2021 | 5-Room | 10 TO 12 | 121 sqm | S$660,000 |
What flat types are in Block 342 Clementi Ave 5?
Block 342 Clementi Ave 5 has 88 units, mostly 5-Room flats of the Improved / New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 342 Clementi Ave 5?
Block 342 Clementi Ave 5 is an HDB block in Clementi.
Block 342 Clementi Ave 5 is an HDB block located along Clementi Ave 5. The block is recorded as completed around 1978, with up to 12 storeys. It has an estimated 88 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.
The address is Block 342 Clementi Ave 5, Singapore 120342. 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 631m away, around 10 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 342 Clementi Ave 5 from MRT and schools?
The nearest MRT/LRT to Block 342 Clementi Ave 5 is Clementi MRT, about 631 m away (~10 min walk). 5 schools are within 1 km, including 3 primary schools.
Getting around
- Clementi MRT631 m · ~10 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 priority347 m
- School Of Science And Technology, SingaporeSecondary schoolwithin 1 km761 m
- Clementi Primary SchoolPrimary schoolwithin 1 km · P1 priority831 m
- Clementi Town Secondary SchoolSecondary schoolwithin 1 km925 m
- Nan Hua Primary SchoolPrimary schoolwithin 1 km · P1 priority977 m
- New Town Secondary SchoolSecondary school1.0 km
- Nan Hua High SchoolSecondary school1.2 km
- Nus High School Of Mathematics And ScienceMixed-level school1.4 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 342 Clementi Ave 5?
Buying a flat at Block 342 Clementi Ave 5 (~S$660k) needs about S$5,261/mo in income and S$2,478/mo in repayments, after S$14,400 stamp duty and a S$165k downpayment.
Illustrative, for a buyer at the recent median resale price (S$660k) — 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$14,400
BSD, tiered
Downpayment (25%)
S$165k
cash + CPF
Monthly instalment
S$2,478/mo
25y @ 3.5%
Income required
S$5,261/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 342 Clementi Ave 5? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
Recent sales at Block 342 Clementi Ave 5 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 342 Clementi Ave 5
How much does a 5-Room flat at Block 342 Clementi Ave 5 cost?⌄
5-Room flats at Block 342 Clementi Ave 5 have recently resold for a median of about S$660k (S$507 psf), from 116 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 342 Clementi Ave 5 by flat type?⌄
4-Room ≈ S$270k; 5-Room ≈ S$660k (median resale, HDB caveats).
Is Block 342 Clementi Ave 5 worth buying given its remaining lease?⌄
Block 342 Clementi Ave 5 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 342 Clementi Ave 5?⌄
Gross rental yield at Block 342 Clementi Ave 5 is about 7.3%, based on a median subletting rent of about S$4,000/mo against a resale price of about S$660k. 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 342 Clementi Ave 5?⌄
For a flat at about S$660k on a 25-year HDB-style loan, you'd need roughly S$5,261/mo in household income, with repayments around S$2,478/mo after a S$165k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 342 Clementi Ave 5?⌄
The nearest MRT/LRT station to Block 342 Clementi Ave 5 is Clementi MRT, about 631 m away (~10 min walk).
Which primary schools are within 1 km of Block 342 Clementi Ave 5?⌄
Pei Tong Primary School, Clementi Primary School, Nan Hua Primary School are within 1 km of Block 342 Clementi Ave 5 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
