Blk 348 Clementi Ave 5 is an HDB block in Clementi (completed in 1978, 12 storeys, 110 units). As of Jul 2026, its median resale price over the last 24 months is $510,000, about 18% below the Clementi median, from 1 sales. 140 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Clementi |
|---|---|
| Completed | 1978 |
| Lease from | 1979 |
| Storeys | 12 |
| Dwelling units | 110 |
| Unit mix (sold) | 4-room ×110 |
| Recorded resales | 140 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $510,000 | $5,543/m² | 1 |
Median monthly rent at this block: $3,800/mo (4 rental contracts, last 12 months).
Estimated gross rental yield: ~8.9% (Clementi average: ~6.3%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 95% of Clementi blocks with recent sales.
For a typical 4-room flat here, our price model estimates $499,875–$559,182 (central estimate $529,528). Recent sales — median $542,858 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $81,000 | $151,641 | 2 |
| 1991 | $72,000 | $130,310 | 1 |
| 1992 | $110,000 | $194,715 | 5 |
| 1993 | $120,000 | $207,659 | 4 |
| 1994 | $180,000 | $302,140 | 4 |
| 1995 | $228,000 | $376,221 | 1 |
| 1996 | $282,500 | $459,804 | 8 |
| 1997 | $320,000 | $510,514 | 7 |
| 1998 | $259,000 | $414,324 | 10 |
| 1999 | $252,000 | $403,030 | 8 |
| 2000 | $259,000 | $408,712 | 10 |
| 2001 | $236,500 | $369,462 | 8 |
| 2002 | $238,500 | $374,052 | 4 |
| 2003 | $242,000 | $377,698 | 6 |
| 2004 | $271,500 | $416,771 | 2 |
| 2005 | $245,000 | $374,320 | 2 |
| 2006 | $258,000 | $390,411 | 4 |
| 2007 | $274,000 | $406,054 | 3 |
| 2008 | $352,500 | $489,881 | 2 |
| 2009 | $397,500 | $549,189 | 4 |
| 2010 | $432,000 | $580,435 | 6 |
| 2011 | $486,500 | $621,046 | 4 |
| 2012 | $520,000 | $634,733 | 4 |
| 2013 | $547,000 | $652,272 | 5 |
| 2015 | $520,000 | $616,955 | 1 |
| 2016 | $514,000 | $613,080 | 4 |
| 2017 | $488,000 | $578,730 | 1 |
| 2018 | $456,666 | $539,206 | 1 |
| 2019 | $460,000 | $540,078 | 3 |
| 2020 | $441,500 | $519,252 | 6 |
| 2021 | $457,500 | $525,890 | 4 |
| 2022 | $548,444 | $594,009 | 2 |
| 2023 | $522,500 | $539,818 | 2 |
| 2024 | $538,000 | $542,858 | 1 |
| 2026 | $510,000 | $510,000 | 1 |
| Record sale | $576,888 (4-Room, 2022-10) |
|---|---|
| First recorded sale | $87,000 (1990-04) |
| Busiest year | 1998 · 10 sales |
| 10-year change (real) | -17% (-1.8%/yr, 2016→2026) |
| Total transacted | $45.4M across 140 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-04 | 4-Room | 01 TO 03 | 92 | $510,000 |
| 2024-02 | 4-Room | 07 TO 09 | 92 | $538,000 |
| 2023-10 | 4-Room | 04 TO 06 | 92 | $560,000 |
| 2023-02 | 4-Room | 04 TO 06 | 92 | $485,000 |
| 2022-10 | 4-Room | 10 TO 12 | 92 | $576,888 |
| 2022-04 | 4-Room | 07 TO 09 | 92 | $520,000 |
| 2021-12 | 4-Room | 04 TO 06 | 92 | $460,000 |
| 2021-07 | 4-Room | 04 TO 06 | 92 | $455,000 |
| 2021-07 | 4-Room | 07 TO 09 | 92 | $480,000 |
| 2021-04 | 4-Room | 04 TO 06 | 92 | $400,000 |
| 2020-12 | 4-Room | 01 TO 03 | 92 | $438,000 |
| 2020-11 | 4-Room | 07 TO 09 | 92 | $448,000 |
| 2020-09 | 4-Room | 04 TO 06 | 92 | $435,000 |
| 2020-07 | 4-Room | 01 TO 03 | 92 | $435,000 |
| 2020-05 | 4-Room | 07 TO 09 | 92 | $445,000 |
| 2020-02 | 4-Room | 07 TO 09 | 92 | $465,000 |
| 2019-11 | 4-Room | 07 TO 09 | 92 | $490,000 |
| 2019-10 | 4-Room | 10 TO 12 | 92 | $428,000 |
| 2019-04 | 4-Room | 04 TO 06 | 92 | $460,000 |
| 2018-07 | 4-Room | 10 TO 12 | 92 | $456,666 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 340 | $744,000 | $6,149/m² |
| 2. Blk 324 | $705,000 | $7,747/m² |
| 3. Blk 342 | $662,500 | $6,067/m² |
| 4. Blk 381 | $620,000 | $6,670/m² |
| 5. Blk 347 | $595,000 | $6,467/m² |
| 6. Blk 348 | $510,000 | $5,543/m² |
| 7. Blk 377 | $500,000 | $6,314/m² |
| 8. Blk 380 | $478,000 | $7,029/m² |
| 9. Blk 327 | $470,000 | $7,015/m² |
| 10. Blk 379 | $460,000 | $6,377/m² |
| 11. Blk 325 | $455,000 | $6,791/m² |
| 12. Blk 326 | $455,000 | $6,761/m² |
| 13. Blk 346 | $431,500 | $6,119/m² |
| 14. Blk 339 | $431,000 | $6,418/m² |
| 15. Blk 345 | $429,000 | $6,362/m² |
Showing the top 15 of 18 blocks.
The median resale price over the last 24 months is $510,000 (1 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $499,875–$559,182 (central estimate $529,528). Recent sales — median $542,858 — sit within that range.
The median monthly rent is $3,800/mo over the last 12 months (4 contracts).
The block was completed in 1978 and its 99-year lease runs from 1979.