Prices · Clementi · Clementi West Street 2 · D05 Pasir Panjang
Block 714 Clementi West Street 2
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What this block is
| Address | Block 714 Clementi West Street 2, Clementi, Singapore 120714 |
| Flat types here | 3-room, 4-room — on the evidence of 42 sales since May 2017, so a type that has never been resold here will not appear |
| Unit sizes | 3-room about 721 sq ft, 4-room about 990 sq ft (721 to 990 sq ft across the block) |
| Lease | 99 years from 1980, expiring 2079 — 53 years left |
| Floors that have sold | 1 to 12, so the block stands at least 12 storeys |
| Flat models | New Generation |
| Town and district | Clementi, district 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) |
| Compare it with | the rest of Clementi West Street 2, 3-room flats across Clementi |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $1,314 for every month of the 53 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $124,200 |
| Mortgage interest over 25 years | $143,431 |
| Running costs over the remaining lease | $228,960 |
| Total over the lease | $835,966 |
| Monthly while repaying | $1,969 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just two sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 3-room | $298,000 | $230,000–$455,000 | 721 sq ft | 402 | 37 |
| 4-room | $480,000 | $395,000–$540,000 | 990 sq ft | 485 | 5 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $285,000 | 395 psf | 9 |
| 04 to 06 | $320,000 | 413 psf | 17 |
| 07 to 09 | $280,000 | 388 psf | 7 |
| 10 to 12 | $372,888 | 493 psf | 9 |
Year by year
| 2017 | $298,000 | 413 psf | five sales |
| 2018 | $280,000 | 388 psf | three sales |
| 2019 | $262,000 | 363 psf | eight sales |
| 2020 | $276,500 | 366 psf | four sales |
| 2021 | $282,500 | 392 psf | four sales |
| 2022 | $346,944 | 481 psf | four sales |
| 2023 | $358,000 | 496 psf | three sales |
| 2024 | $375,000 | 498 psf | three sales |
| 2025 | $398,000 | 527 psf | seven sales |
| 2026 | $525,000 | 530 psf | one sale |
42 transactions in all, from May 2017 to March 2026. The flat models recorded here are New Generation.