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Condo prices · D05

Clavon

Clementi Avenue 1 · D05 · Outside central region · Apartment

The median sale at Clavon was $1,668,000 — $2,020 psf — across 236 transactions between Oct 2021 and Oct 2026. 99-year lease from 2019.

Median price
$1,668,000
236 sales in the window.
Median per sq ft
$2,020 psf
Median unit 764 sq ft.
Lease remaining
92 years
99-year lease from 2019

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$1,511
$1,668,000 over 92 years remaining.
Per sq ft per year
$23.72
What a square foot of this development costs for one year of lease.
Lease expires
2118
7 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

New sales, sub-sales and resales

A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.

Kind of saleMedian pricePer sq ftSales
New sale$2,652,500$1,702 psf48
Sub-sale$1,560,000$2,041 psf148
Resale$1,659,000$2,159 psf40

Year by year

The median moved up 29 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 202116 sales$1685
  • 202232 sales$1702
  • 2023one sale$1904
  • 202479 sales$2036
  • 202576 sales$2056
  • 202632 sales$2166
Show the figures
YearMedian pricePer sq ftSales
2021$2,386,500$1,685 psf16
2022$2,728,680$1,702 psf32
2023$2,582,000$1,904 psf1
2024$1,560,000$2,036 psf79
2025$1,554,888$2,056 psf76
2026$1,659,000$2,166 psf32

What it rents for

URA’s median of rental contracts lodged at Clavon in 2026Q3, per square foot per month.

Median rent per sq ft
$6.08
A month. Middle half of contracts ran $5.89 to $6.49.
Gross yield
3.61%
A year of median rent against the median sale price.
Median sale per sq ft
$2,020 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D05

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.