\nView of HDB blocks at Casa Clementi.<\/p>\n
EXCLUSIVE: A 5-room HDB resale flat at Casa Clementi is up for sale at an eye-popping $968,000, nearly a month after PropertyGuru reported that a similar unit at another block within the precinct was sold for a slightly lower price of $960,000.
View of HDB blocks at Casa Clementi. EXCLUSIVE: A 5-room HDB resale flat at Casa...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20914","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5rk","jetpack-related-posts":[{"id":20898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/experts-urge-calm-amid-record-flat-prices-in-clementi\/","url_meta":{"origin":20914,"position":0},"title":"Experts urge calm amid record flat prices in Clementi","date":"July 15, 2016","format":false,"excerpt":"\r View of HDB blocks at Casa Clementi. (Source: Surbana.com) Property experts have called for calm following instances of sky-high resale HDB prices seen at Casa Clementi, a mega public housing project along Clementi Avenue 1. Last month, a 5-room flat at Block 425 was sold for $960,000, while another\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-room-hdb-flat-shatters-singapore-real-estate-record\/","url_meta":{"origin":20914,"position":1},"title":"5-room HDB flat shatters Singapore real estate record","date":"June 23, 2016","format":false,"excerpt":"\r The deal\u00a0sold for a record SGD960,000 (USD717,400) View of HDB blocks at Casa Clementi According to Housing Board data, a five-room HDB resale flat at Block 425 Clementi Avenue 1 was sold for a record SGD960,000 (USD717,400) this month,\u00a0which translates to about SGD769 (USD575) per sqft. Located next to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/clementi-flat-sold-for-over-1-million\/","url_meta":{"origin":20914,"position":2},"title":"Clementi flat sold for over $1 million","date":"August 12, 2016","format":false,"excerpt":"\r Clementi Towers is the first HDB project to be integrated with a bus interchange and shopping mall. Source: chinaconstruction.com.sg An 18th-storey flat in Clementi Avenue 3 was sold for $1,005,000 on the resale market earlier this month \u2013 a record for a 5-room Housing Board flat outside the iconic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24001,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-million-dollar-hdb-flats-becoming-the-norm\/","url_meta":{"origin":20914,"position":3},"title":"Are million-dollar HDB flats becoming the norm?","date":"August 26, 2016","format":false,"excerpt":"\r The iconic Pinnacle @ Duxton has led to an uptick in million dollar flats sold per quarter. As we see recurring headlines of sky-high resale HDB transactions, should Singaporeans worry that such prices are becoming mainstream? We take a look in this issue of the Guru View. By Chang\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/08\/GV-104-01.png?fit=530%2C378&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":44035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-4056-bto-flats\/","url_meta":{"origin":20914,"position":4},"title":"HDB launches 4,056 BTO flats","date":"February 14, 2017","format":false,"excerpt":"\r A total of 17,000 new flats are set to be launched in 2017.\u00a0 The Housing and Development Board (HDB) launched 4,056 flats for sale this morning under the February 2017 Build-To-Order (BTO) exercise. Spread across six projects in Punggol, Clementi and Tampines, these flats comprise the first batch of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30961,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eye-on-clementi-east-of-the-west\/","url_meta":{"origin":20914,"position":5},"title":"Eye on Clementi: East of the West","date":"October 21, 2016","format":false,"excerpt":"\r The Casa Clementi precinct made the news in June when a five-room flat there was sold for $960,000. Source: BCA To some, Clementi is an older town offering little beyond public housing and kopitiams. Yet it is seeing continual growth and change, promising new and exciting things for its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/10\/EO10601.png?fit=527%2C363&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20914"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20914"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20914\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n5-room HDB flat in Clementi sells for record $960,000
\nAccording to listing details on PropertyGuru, the unit at Block 416 Clementi Avenue 1 has a built-up area of 1,259 sq ft. This translates to a psf price of about $769.
\nLocated above the 30th floor, the flat offers unobstructed views of Bukit Timah hill and comes fully-furnished with \u201cdesigner d\u00e9cor\u201d. \u201cJust bring luggage and move in,\u201d the listing stated.
\nThe property is relatively close to the Clementi and Dover MRT stations, while nearby schools include Nan Hua High School and the International Community School.
\nCompleted in June 2012, Casa Clementi is one of the largest public housing projects in Singapore. It contains 2,234 flats spread across 10 residential blocks.
\nWhen contacted, the seller\u2019s property agent Albert Teh would not reveal much information, except to say that the unit has been on the market for about a week and hasn\u2019t attracted any interest yet.
\nIf the PropNex agent manages to close the deal at that price, it will set a new high for resale flats in Clementi, and will equal the recent sale of a 5-room flat at Buona Vista Court in nearby Queenstown, which changed hands in May for $968,000 ($769 psf).
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Clementi flat hits the market for 8,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"