EXCLUSIVE: According to Housing Board information, a 5-room HDB resale flat at Block 425 Clementi Avenue 1 was sold for a record $960, 000 this month, which translates to about $769 psf.
The flat is located next to NUS High School and Nan Hua High, but isn’t within walking distance of Clementi MRT station.
The sale has set a new record for 5-room flats in Clementi, and is tied with the October 2013 trade of an executive maisonette at Block 206 Clementi Avenue 6 for psf. $571 $960,000, or
Prior to this, the most expensive 5-room flats in the area were sold in November and August .
This also surpasses the recent sale of a 5-room flat in nearby Redhill, which was sold in May for $950,000.
Additionally, another 5-room at Kim Tian Road in Tiong Bahru was transacted for $950,000 in October 2015.