Block 348 Clementi Ave 5
348 Clementi Ave 5, Singapore 120348
Block 348 Clementi Ave 5 is an HDB block in Clementi, completed in 1978, with 110 dwelling units. Across 140 resales on record, 4-Room flats have recently resold around S$480k (S$485 psf, 92 sqm). The lease has approximately 52 years remaining.
What are the key facts about Block 348 Clementi Ave 5?
Block 348 Clementi Ave 5 is an HDB block in Clementi, completed in 1978, with 110 dwelling units.
- Town
- Clementi
- Planning area
- Clementi
- Completed
- 1978
- Storeys
- 12
- Total units
- 110
- Flat model
- New Generation
- Market segment
- RCR
- Median resale
- S$480k
- Last transacted
- Apr 2026
- Remaining lease
- ≈ 52 years
What are resale prices at Block 348 Clementi Ave 5?
4-Room flats have recently resold around S$480k (S$485 psf), from 140 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 140 | S$480,000recent | 92 sqm | S$485 psf |
Live now: 11 flats listed for sale at this block (median asking S$570k) and 3 for rent (median S$4,100/mo) — 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 Apr 2026.
What rent and yield does Block 348 Clementi Ave 5 get?
Flats at Block 348 Clementi Ave 5 have recently sublet for a median of S$3,400/mo, an indicative gross rental yield of about 8.5% (from 18 recent rental contracts).
Median rent
S$3,400/mo
18 recent contracts
Gross rental yield
8.5%
indicative, gross
Annual rent
S$40,800
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 4-Room | 18 | S$3,400/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 348 Clementi Ave 5?
Block 348 Clementi Ave 5 has 140 recorded resales; the most recent transacted at S$510,000 in Apr 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Apr 2026 | 4-Room | 01 TO 03 | 92 sqm | S$510,000 |
| Feb 2024 | 4-Room | 07 TO 09 | 92 sqm | S$538,000 |
| Oct 2023 | 4-Room | 04 TO 06 | 92 sqm | S$560,000 |
| Feb 2023 | 4-Room | 04 TO 06 | 92 sqm | S$485,000 |
| Oct 2022 | 4-Room | 10 TO 12 | 92 sqm | S$576,888 |
| Apr 2022 | 4-Room | 07 TO 09 | 92 sqm | S$520,000 |
| Dec 2021 | 4-Room | 04 TO 06 | 92 sqm | S$460,000 |
| Jul 2021 | 4-Room | 04 TO 06 | 92 sqm | S$455,000 |
| Jul 2021 | 4-Room | 07 TO 09 | 92 sqm | S$480,000 |
| Apr 2021 | 4-Room | 04 TO 06 | 92 sqm | S$400,000 |
| Dec 2020 | 4-Room | 01 TO 03 | 92 sqm | S$438,000 |
| Nov 2020 | 4-Room | 07 TO 09 | 92 sqm | S$448,000 |
What flat types are in Block 348 Clementi Ave 5?
Block 348 Clementi Ave 5 has 110 units, mostly 4-Room flats of the New Generation model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 348 Clementi Ave 5?
Block 348 Clementi Ave 5 is an HDB block in Clementi.
Block 348 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 110 residential units based on the HDB property information dataset. Flat types in the block include 4-room units.
The address is Block 348 Clementi Ave 5, Singapore 120348. 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 661m 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, Holland Green Linear Park for greenery and recreation, Clementi Polyclinic for polyclinic services, and Clementi Community Centre for community facilities.
How far is Block 348 Clementi Ave 5 from MRT and schools?
The nearest MRT/LRT to Block 348 Clementi Ave 5 is Clementi MRT, about 661 m away (~10 min walk). 6 schools are within 1 km, including 2 primary schools.
Getting around
- Clementi MRT661 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 priority372 m
- School Of Science And Technology, SingaporeSecondary schoolwithin 1 km551 m
- New Town Secondary SchoolSecondary schoolwithin 1 km819 m
- Clementi Primary SchoolPrimary schoolwithin 1 km · P1 priority883 m
- Clementi Town Secondary SchoolSecondary schoolwithin 1 km996 m
- Nan Hua High SchoolSecondary schoolwithin 1 km1000 m
- Nan Hua Primary SchoolPrimary school1.1 km
- Nus High School Of Mathematics And ScienceMixed-level school1.2 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 348 Clementi Ave 5?
Buying a flat at Block 348 Clementi Ave 5 (~S$480k) needs about S$3,826/mo in income and S$1,802/mo in repayments, after S$9,000 stamp duty and a S$120k downpayment.
Illustrative, for a buyer at the recent median resale price (S$480k) — 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$9,000
BSD, tiered
Downpayment (25%)
S$120k
cash + CPF
Monthly instalment
S$1,802/mo
25y @ 3.5%
Income required
S$3,826/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 348 Clementi Ave 5? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 348 Clementi Ave 5 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 348 Clementi Ave 5
How much does a 4-Room flat at Block 348 Clementi Ave 5 cost?⌄
4-Room flats at Block 348 Clementi Ave 5 have recently resold for a median of about S$480k (S$485 psf), from 140 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 348 Clementi Ave 5 worth buying given its remaining lease?⌄
Block 348 Clementi Ave 5 has about 52 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 348 Clementi Ave 5?⌄
Gross rental yield at Block 348 Clementi Ave 5 is about 8.5%, based on a median subletting rent of about S$3,400/mo against a resale price of about S$480k. 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 348 Clementi Ave 5?⌄
For a flat at about S$480k on a 25-year HDB-style loan, you'd need roughly S$3,826/mo in household income, with repayments around S$1,802/mo after a S$120k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 348 Clementi Ave 5?⌄
The nearest MRT/LRT station to Block 348 Clementi Ave 5 is Clementi MRT, about 661 m away (~10 min walk).
Which primary schools are within 1 km of Block 348 Clementi Ave 5?⌄
Pei Tong Primary School, Clementi Primary School are within 1 km of Block 348 Clementi Ave 5 — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.