Block 723 Clementi West St 2
723 Clementi West St 2, Singapore 120723
Block 723 Clementi West St 2 is an HDB block in Clementi, completed in 1980, with 96 dwelling units. Across 101 resales on record, 5-Room flats have recently resold around S$606k (S$477 psf, 118 sqm). The lease has approximately 56 years remaining.
What are the key facts about Block 723 Clementi West St 2?
Block 723 Clementi West St 2 is an HDB block in Clementi, completed in 1980, with 96 dwelling units.
- Town
- Clementi
- Planning area
- Clementi
- Completed
- 1980
- Storeys
- 25
- Total units
- 96
- Flat model
- Improved
- Market segment
- RCR
- Median resale
- S$606k
- Last transacted
- Sept 2023
- Remaining lease
- ≈ 56 years
What are resale prices at Block 723 Clementi West St 2?
5-Room flats have recently resold around S$606k (S$477 psf), from 101 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 5-Room | 101 | S$606,000recent | 118 sqm | S$477 psf |
“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 Sept 2023.
What rent and yield does Block 723 Clementi West St 2 get?
Flats at Block 723 Clementi West St 2 have recently sublet for a median of S$3,000/mo, an indicative gross rental yield of about 5.9% (from 13 recent rental contracts).
Median rent
S$3,000/mo
13 recent contracts
Gross rental yield
5.9%
indicative, gross
Annual rent
S$36,000
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 13 | S$3,000/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 Apr 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 723 Clementi West St 2?
Block 723 Clementi West St 2 has 101 recorded resales; the most recent transacted at S$745,000 in Sept 2023 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Sept 2023 | 5-Room | 19 TO 21 | 118 sqm | S$745,000 |
| Feb 2023 | 5-Room | 13 TO 15 | 118 sqm | S$690,000 |
| Oct 2022 | 5-Room | 19 TO 21 | 118 sqm | S$700,000 |
| Feb 2022 | 5-Room | 19 TO 21 | 118 sqm | S$672,000 |
| Jan 2022 | 5-Room | 01 TO 03 | 118 sqm | S$565,000 |
| Jun 2020 | 5-Room | 01 TO 03 | 118 sqm | S$488,000 |
| Jun 2020 | 5-Room | 07 TO 09 | 118 sqm | S$585,000 |
| May 2020 | 5-Room | 22 TO 24 | 118 sqm | S$655,000 |
| Sept 2018 | 5-Room | 04 TO 06 | 118 sqm | S$606,000 |
| Sept 2018 | 5-Room | 19 TO 21 | 118 sqm | S$628,000 |
| Jan 2017 | 5-Room | 01 TO 03 | 118 sqm | S$560,000 |
| Aug 2016 | 5-Room | 01 TO 03 | 118 sqm | S$545,000 |
What flat types are in Block 723 Clementi West St 2?
Block 723 Clementi West St 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 723 Clementi West St 2?
Block 723 Clementi West St 2 is an HDB block in Clementi.
Block 723 Clementi West St 2 is an HDB block located along Clementi West St 2. The block is recorded as completed around 1980, 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 723 Clementi West St 2, Singapore 120723. 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.
Nearby amenities include West Coast Plaza for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Blk 726 Clementi West Street 2 for food options, Jalan Mas Kuning Playground for greenery and recreation, and West Coast Community Centre for community facilities.
How far is Block 723 Clementi West St 2 from MRT and schools?
3 schools are within 1 km.
Schools nearby
- Kent Ridge Secondary SchoolSecondary schoolwithin 1 km265 m
- Nan Hua High SchoolSecondary schoolwithin 1 km798 m
- Nus High School Of Mathematics And ScienceMixed-level schoolwithin 1 km816 m
- New Town Secondary SchoolSecondary school1.3 km
- Clementi Primary SchoolPrimary school1.3 km
- Qifa Primary SchoolPrimary school1.4 km
- Clementi Town Secondary SchoolSecondary school1.4 km
- Pei Tong Primary SchoolPrimary school1.5 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 723 Clementi West St 2?
Buying a flat at Block 723 Clementi West St 2 (~S$606k) needs about S$4,831/mo in income and S$2,275/mo in repayments, after S$12,780 stamp duty and a S$152k downpayment.
Illustrative, for a buyer at the recent median resale price (S$606k) — 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$12,780
BSD, tiered
Downpayment (25%)
S$152k
cash + CPF
Monthly instalment
S$2,275/mo
25y @ 3.5%
Income required
S$4,831/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 723 Clementi West St 2? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 723 Clementi West St 2 land close to the town median — fair value, no big premium.
Frequently asked questions about Block 723 Clementi West St 2
How much does a 5-Room flat at Block 723 Clementi West St 2 cost?⌄
5-Room flats at Block 723 Clementi West St 2 have recently resold for a median of about S$606k (S$477 psf), from 101 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 723 Clementi West St 2 worth buying given its remaining lease?⌄
Block 723 Clementi West St 2 has about 56 years left on its 99-year lease (completed 1980). 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 723 Clementi West St 2?⌄
Gross rental yield at Block 723 Clementi West St 2 is about 5.9%, based on a median subletting rent of about S$3,000/mo against a resale price of about S$606k. 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 723 Clementi West St 2?⌄
For a flat at about S$606k on a 25-year HDB-style loan, you'd need roughly S$4,831/mo in household income, with repayments around S$2,275/mo after a S$152k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.