Clementi Peaks 3-Room Flat Sets $896K Resale Record

A 3-room flat at Clementi Peaks has become the most expensive HDB 3-room resale ever recorded in Clementi, selling for $896,000 — a figure $56,000 above the previous benchmark, and the first resale transaction of any kind recorded for its block (Stacked Homes, 2026).

Key takeaways

• The 764 sq ft unit at 464B Clementi Avenue 1, located on the 34th to 36th floor of a 40-storey block, sold for $896,000 ($1,172 psf) in August 2026 (Stacked Homes, 2026).
• This is the first resale recorded in a block completed in 2022, meaning the initial transaction now sets the psychological anchor for every future seller in the development (Stacked Homes, 2026).
• The deal beats the previous Clementi 3-room record of $840,000, set by a 743 sq ft flat at 440A Clementi Avenue 3 in October 2024, by $56,000 (Stacked Homes, 2026).
• The record price sits $466,000 above Clementi's 12-month median resale price of $430,000 for 3-room flats, based on 258 transactions (Stacked Homes, 2026).
• A transaction range stretching from $340,000 to $896,000 indicates that Clementi's 3-room resale market is operating on two distinct tiers rather than a single continuous market (Stacked Homes, 2026).

What makes this transaction stand out

The block, the floor, the unit

The flat is in Block 464B Clementi Avenue 1, part of the Clementi Peaks development. The block was completed in 2022, making it about four years old at the point of sale, and it rises 40 storeys. The transacted unit, at 764 sq ft and positioned between the 34th and 36th floors, is among the highest in the block — a placement that typically supports premium pricing even in a town better known for convenience and educational institutions than for views (Stacked Homes, 2026).

The block contains 330 dwelling units in total: 24 two-room flats, 152 three-room flats, 78 four-room flats and 76 five-room flats, with commercial units on the lower levels (Stacked Homes, 2026). Three-room flats make up the largest single share of the unit mix, yet 152 units spread across a 40-storey block still represents a thin pool of directly comparable flats on any given floor. That scarcity matters: with so few direct comparables, a single transaction can set the tone for the entire block.

A first resale with no anchor

Equally striking is the fact that this is the first resale transaction recorded at 464B Clementi Avenue 1. When a block enters the resale market for the first time, the initial deals often establish the psychological benchmark for everything that follows, and at $896,000 that anchor has been set high. Future sellers in the block will price their units with this record in mind, and valuers will have a fresh reference point for similar flats (Stacked Homes, 2026).

How it compares with Clementi's other 3-room records

The new record breaks into the top of a list previously dominated by a cluster of blocks along Clementi Avenue 3. The five highest 3-room resale transactions in Clementi now stand as follows:

(Stacked Homes, 2026)

The previous record-holder, a 743 sq ft unit at 440A Clementi Avenue 3 that sold for $840,000 ($1,131 psf) in October 2024, has now been overtaken by $56,000 (Stacked Homes, 2026). Significantly, the two other recent entrants in the top five — a $838,000 sale in June 2026 and an $830,000 sale in January 2026 — show that demand for top-tier 3-room flats in Clementi was already firm before this record landed.

Why the price held up

A near-full lease

The most straightforward driver of the record price is the lease. With about 96 years remaining at the point of sale, the flat offers a near-full tenure by the standards of the HDB resale market (Stacked Homes, 2026). Because Clementi Peaks was completed only in 2022, the block is among the youngest in the Clementi resale market, combining immediate move-in condition with negligible lease decay and, often, lower renovation needs. A lease that has barely begun to erode is a genuine scarcity attribute in a market where many resale flats are decades into their 99-year terms.

Location and convenience

Clementi is an established town, and Block 464B sits relatively close to Clementi MRT station, which serves both the East-West Line and the Cross Island Line. The flat is also near Clementi Mall, placing it close to the commercial hub of the area (Stacked Homes, 2026). For buyers, that translates into a rare combination: a nearly new flat with a full lease, in a mature town with a major transport interchange and retail amenities on the doorstep.

The first-resale anchor effect

The dynamic of a block's first resale should not be underestimated. Transactions in a block with no prior resale history carry disproportionate significance because they condition subsequent buyer expectations, seller asking prices and valuation reference points. The $896,000 record therefore does double duty: it rewards this seller today, and it implicitly raises the starting point for every other owner in the block who may choose to sell.

The numbers: Clementi in market context

A record against the median

To gauge how exceptional this transaction is, it helps to benchmark it against the broader Clementi resale market. HDB resale data shows that Clementi 4-room flats reached a median of S$849 psf in 2026-Q3, down 0.5% year-on-year (HDB resale data via data.gov.sg, 2026). The record 3-room flat, at $1,172 psf, therefore transacted at a clear premium to the 4-room median — an unusual outcome for a smaller flat type, and a sign that buyers are paying for condition, height and lease rather than floor area.

The 12-month median resale price for 3-room flats across Clementi is $430,000, based on 258 transactions (Stacked Homes, 2026). The record at $896,000 thus sits a striking $466,000 above that median. Even within the most recent month's data the gap is dramatic: the next-highest August transaction, a 646 sq ft unit at 311B Clementi Avenue 4 on the 40th to 42nd floors, came in at $730,000 — $166,000 below the record (Stacked Homes, 2026). Older units on lower floors changed hands at far lower prices, in the $388,000 to $450,000 range (Stacked Homes, 2026).

The full 12-month price range across Clementi's 3-room transactions stretches from $340,000 to $896,000 — a remarkably wide band that points to a segmented market rather than a uniform one (Stacked Homes, 2026).

The islandwide backdrop

The wider picture provides further context. Islandwide HDB resale prices stood at S$652 psf in 2026-Q2, effectively flat against the earlier peak of S$652 psf, yet remain 57.5% above the S$414 psf trough of the cycle (URA caveat data, 2026). In private housing, islandwide prices of S$2,038 psf in 2026-Q2 sit 6.8% below the peak of S$2,186 psf, but remain 33.3% above the trough of S$1,529 psf (URA caveat data, 2026). Both markets are holding well above their long-term lows, and premium transactions continue to emerge even while headline indices plateau.

A tale of two tiers: what the record means for different buyers

The per-buyer breakdown

The distance between $340,000 and $896,000 is not merely a difference in price; it reflects different products serving different buyers. The record buyer paid $896,000 for a nearly new flat with a 96-year lease, a high-floor position near the top of a 40-storey block, and walking proximity to a major transport interchange. The buyer of the $730,000 unit at 311B Clementi Avenue 4 secured a slightly smaller flat of 646 sq ft at a comparable height, but at a $166,000 discount. A buyer at the median price of $430,000, by contrast, is acquiring an older flat in an established block — a different asset with a different lease profile and, in all likelihood, a different renovation bill.

For buyers weighing the premium, the record makes a clear statement: in this segment of the market, a fresh lease and a high floor are worth more than sheer floor area. Three-room buyers at the top end are effectively applying private-property logic — height, age, location — rather than the traditional HDB calculus of floor area per dollar.

The private alternative

That logic is partly driven by the cost of the alternative. Private homes in District 5, the postal district covering the Clementi and West Coast belt, fetched a median of S$2,147 psf in 2026-Q3, down 4.4% year-on-year across 1,537 transactions over the past 12 months (URA caveat data, 2026). At $1,172 psf, the record 3-room flat still sits well below that private median — which is precisely why some buyers are prepared to pay a premium for the newest, best-located HDB stock rather than stretch into a condo. The market-wide willingness to pay for newness is visible across the private sector too: new-launch private homes averaged S$2,303 psf against S$1,594 psf for resale, a roughly 45% new-sale premium (URA caveat data, 2026).

The bigger cycle: records within a plateau

The record also says something about where the HDB market sits in its cycle. Islandwide HDB prices of S$652 psf in 2026-Q2 sit exactly at their peak, and the Clementi 4-room median eased just 0.5% year-on-year (HDB resale data via data.gov.sg, 2026). A record price in this environment is therefore not a sign of broad acceleration; it is a sign of bifurcation. The flat market as a whole may be treading water, but the best-positioned units can still command record prices as buyers concentrate on scarcity.

The same pattern appears at a different altitude in the private market. Islandwide private prices of S$2,038 psf sit 6.8% below their peak, yet remain a third above their trough (URA caveat data, 2026). Across the private transaction record, prime-core (CCR) homes have averaged S$2,444 psf, city-fringe (RCR) S$2,078 psf and suburban (OCR) S$1,551 psf (URA caveat data, 2026). The persistence of premiums at the top of each segment — whether CCR condos or a fresh-leased 3-room HDB — reflects the same underlying behaviour: buyers will pay for what cannot easily be replaced.

What happens next

The immediate question for Clementi Peaks is whether this record holds or becomes the start of a trend. With 152 three-room units in the block, the supply of directly comparable flats is limited, and the pace of resale will depend on how many owners choose to test the market in the coming years. The first-resale anchor at $896,000 conditions the asking prices of future listings and gives valuers a fresh reference point when similar units come up for sale (Stacked Homes, 2026).

For buyers, the lesson is caution. A single record transaction does not reprice an entire estate. The wide band between the record and the $340,000 low end of the 12-month range shows that the Clementi 3-room market is segmented: new, high-floor, recently completed flats near the MRT are one market; older and lower units are another (Stacked Homes, 2026). Buyers who need the premium attributes will pay for them, while buyers who do not should treat headline records as evidence of segment strength rather than a signal that all 3-room flats in Clementi have moved.

For sellers in the block, the record is an argument for discipline. It sets a high anchor, but the next transaction must still clear the hurdles of valuation, financing constraints and buyer demand. A benchmark is only meaningful if subsequent trades confirm it — and the thin stock of direct comparables at Clementi Peaks means the next few sales will be watched closely.

FAQ

What was the record resale price for a 3-room flat at Clementi Peaks?

The record resale price was $896,000, achieved by a 764 sq ft unit at 464B Clementi Avenue 1 on the 34th to 36th floor, at $1,172 psf (Stacked Homes, 2026). The transaction was the block's first resale.

Statutory Source: Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

How does the new record compare to the previous Clementi 3-room resale record?

The previous record was $840,000 for a 743 sq ft unit at 440A Clementi Avenue 3, sold in October 2024 at $1,131 psf. The new record at $896,000 exceeds it by $56,000 (Stacked Homes, 2026).

Statutory Source: Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

Why did this flat fetch such a premium?

The flat had about 96 years of lease remaining, occupied a high floor in a block completed in 2022, and sits close to Clementi MRT station and Clementi Mall (Stacked Homes, 2026). As the block's first resale, it also had no prior benchmark to constrain the price.

Statutory Source: Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

What is the median resale price for 3-room flats in Clementi?

The 12-month median resale price for 3-room flats across Clementi is $430,000, based on 258 transactions. The record price sits $466,000 above that median (Stacked Homes, 2026).

Statutory Source: Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

Does this record mean all Clementi 3-room flats have risen in value?

No. The 12-month transacted price range for 3-room flats in Clementi runs from $340,000 to $896,000, indicating a two-tier market in which new, high-floor, well-located units command premiums while older flats trade at far lower prices (Stacked Homes, 2026).

Statutory Source: Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

By the numbers

``` HDB PSF momentum by district — QoQ %

D? +8.3% ██████████████████████████ D? +7.7% ████████████████████████ D? +3.8% ████████████ D? +2.9% █████████ D? +2.4% ████████ D? +2.2% ███████ D? +2.0% ██████ D? +1.9% ██████ D? +1.5% █████ D? +0.9% ███ ```

_Data: PropAce Institutional Advisory analysis of URA/HDB transaction data — rolling 3-month average PSF, HDB, 2026-06..2026-08. Directional; confirm before acting._

Sources

• HDB resale data (via data.gov.sg), compiled by PropAce Institutional Advisory— 2026-Q3.
• URA caveat data, compiled by PropAce Institutional Advisory— 2026-Q3.
• URA caveat data, compiled by PropAce Institutional Advisory— 2026-Q2.
• URA caveat data, compiled by PropAce Institutional Advisory.

References

• Stacked Homes (2026) This 3-Room HDB Flat In Clementi Just Sold For A Record $896K — And It’s The Block’s First Resale.

Interactive Strategic Tools & Concierge

Evaluate 0% ABSD commercial acquisition yield, 9% GST input tax claim, and tiered Industrial SSD.

Calculate Commercial & Industrial GST Recovery

Frequently Asked Questions

What was the record resale price for a 3-room flat at Clementi Peaks?

The record resale price was $896,000, achieved by a 764 sq ft unit at 464B Clementi Avenue 1 on the 34th to 36th floor, at $1,172 psf (Stacked Homes, 2026). The transaction was the block's first resale. Statutory Source:** Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

How does the new record compare to the previous Clementi 3-room resale record?

The previous record was $840,000 for a 743 sq ft unit at 440A Clementi Avenue 3, sold in October 2024 at $1,131 psf. The new record at $896,000 exceeds it by $56,000 (Stacked Homes, 2026). Statutory Source:** Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

Why did this flat fetch such a premium?

The flat had about 96 years of lease remaining, occupied a high floor in a block completed in 2022, and sits close to Clementi MRT station and Clementi Mall (Stacked Homes, 2026). As the block's first resale, it also had no prior benchmark to constrain the price. Statutory Source:** Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

What is the median resale price for 3-room flats in Clementi?

The 12-month median resale price for 3-room flats across Clementi is $430,000, based on 258 transactions. The record price sits $466,000 above that median (Stacked Homes, 2026). Statutory Source:** Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

Does this record mean all Clementi 3-room flats have risen in value?

No. The 12-month transacted price range for 3-room flats in Clementi runs from $340,000 to $896,000, indicating a two-tier market in which new, high-floor, well-located units command premiums while older flats trade at far lower prices (Stacked Homes, 2026). Statutory Source:** Housing & Development Board (HDB) — Official Housing Policies & Resale Guidelines

Statutory References & Citations

• Housing & Development Board (HDB) (2026). Housing and Development Act (Cap. 129). Singapore: Ministry of National Development.

Statutory Disclaimer: This guide is published for strategic, educational, and institutional planning purposes only and does not constitute formal legal, taxation, or financial advice. All property transactions, stamp duty remissions, and financing structures should be formally verified with qualified Singapore legal counsel and certified tax advisors.