Clementi NorthArc offers 1,179 units of 3-, 4-, 5-room and 3Gen flats in six residential blocks,
while Clementi Peaks offers 424 units of 3-, 4-, and 5-room flats in four residential blocks, two of which will be set aside for residents under the Selective En bloc Redevelopment Scheme. Several eco-friendly features such as eco-pedestals in bathrooms, regenerative lifts will also be incorporated into the development design.
Nearby Amenities
The nearest MRT Station is Clementi MRT Station (EW23). The developments enjoy easy access to the Ayer Rajah Expressway (AYE), which provides connectivity to all parts of the island. The developments are surrounded by an array of recreational and sporting facilities such as Clementi Swimming Complex, Clementi Sports Hall, Clementi Stadium, and West Coast Recreational Centre. Residents can shop and dine at nearby heartland shops such as The Clementi Mall and Cityvibe. For nature lovers, Clementi NorthArc will be a great choice as it is located next to the park connector along Sungei Ulu Pandan.
Both developments have implemented the eco-friendly features to encourage a green lifestyle:
Based on HDB's launch prices, the table below compares affordability across the upcoming BTO launches.
Legend: Red means that income level may not be able to qualify for a mortgage per MAS 30% MSR Rule
Clementi NorthArc/Peaks (HDB 3 Rooms) |
Min: $293,000
Max: $344,000
|
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Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
---|---|---|---|---|---|---|---|
$3,000 | $318,500 | $31,850 | $65,000 | $221,650 | $1,006 | $690 | $316 |
$3,500 | $318,500 | $31,850 | $60,000 | $226,650 | $1,028 | $805 | $223 |
$4,000 | $318,500 | $31,850 | $55,000 | $231,650 | $1,051 | $920 | $131 |
$4,500 | $318,500 | $31,850 | $50,000 | $236,650 | $1,074 | $1,035 | $39 |
$5,000 | $318,500 | $31,850 | $45,000 | $241,650 | $1,096 | $1,150 | $0 |
Clementi NorthArc/Peaks (HDB 4 Rooms) |
Min: $432,000
Max: $550,000
|
||||||
Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
---|---|---|---|---|---|---|---|
$6,000 | $491,000 | $49,100 | $35,000 | $406,900 | $1,846 | $1,380 | $466 |
$6,500 | $491,000 | $49,100 | $30,000 | $411,900 | $1,869 | $1,495 | $374 |
$7,000 | $491,000 | $49,100 | $25,000 | $416,900 | $1,891 | $1,610 | $281 |
$7,500 | $491,000 | $49,100 | $20,000 | $421,900 | $1,914 | $1,725 | $189 |
$8,000 | $491,000 | $49,100 | $15,000 | $426,900 | $1,937 | $1,840 | $97 |
$8,500 | $491,000 | $49,100 | $10,000 | $431,900 | $1,959 | $1,955 | $4 |
$9,000 | $491,000 | $49,100 | $5,000 | $436,900 | $1,982 | $2,070 | $0 |
Clementi NorthArc/Peaks (HDB 5 Rooms) |
Min: $571,000
Max: $694,000
|
||||||
Your Household Income (A) |
Median BTO Price (B) |
Downpayment (10%) (C) = 10%(B) |
Enhanced CPF Housing Grant (EHG) (D) |
Housing Loan (Price - Downpayment - EHG) (E) = (B) - (C) - (D) |
Monthly Instalment (F) |
Your CPF OA Contribution (G) = 0.23 x (A) |
Monthly Cash Topup (Instalment - CPF OA) (H) = (F) - (G) |
---|---|---|---|---|---|---|---|
$8,000 | $632,500 | $63,250 | $15,000 | $554,250 | $2,514 | $1,840 | $674 |
$8,500 | $632,500 | $63,250 | $10,000 | $559,250 | $2,537 | $1,955 | $582 |
$9,000 | $632,500 | $63,250 | $5,000 | $564,250 | $2,560 | $2,070 | $490 |
$9,500 | $632,500 | $63,250 | $0 | $569,250 | $2,583 | $2,185 | $398 |
$10,000 | $632,500 | $63,250 | $0 | $569,250 | $2,583 | $2,300 | $283 |
$10,500 | $632,500 | $63,250 | $0 | $569,250 | $2,583 | $2,415 | $168 |
$11,000 | $632,500 | $63,250 | $0 | $569,250 | $2,583 | $2,530 | $53 |
$11,500 | $632,500 | $63,250 | $0 | $569,250 | $2,583 | $2,645 | $0 |
The figures show you an estimate of the extra monthly cash instalments you have to fork out after CPF deduction. These estimates take into account the prevailing CPF OA contributions, Enhanced CPF Housing Grant (EHG) and loan interest rate.
Depending on your household income, a cash payment highlighted in red means that it may not be affordable for you to purchase that BTO.
Assumptions:
1. Buyers have sufficient savings for the 10% downpayment.
2. The monthly installment is based on the maximum tenure of 25 years at HDB concessionary interest rate of 2.6% p.a.
3. Buyers apply as a first-timer household under one of the eligibility schemes, and all buyers are Singapore citizens.
4. Buyers fulfil all eligibility criteria e.g. within income ceiling for flat intended, at least 21 years old, do not own other property overseas or locally.
Disclaimer: Calculations provided above for financing are for general reference only. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the use of these tables.
Option | Condition | Move-in | Eligible to Sell |
---|---|---|---|
BTO | New | 2-4 Years | 7-9 years (incl. 5 years lock-in) |
HDB Resale | Older | Immediate | 5 years lock-in |
Median BTO price | Median Resale Price |
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Disclaimer: Calculations provided above are for general reference only. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the use of these tables.
* Assumes first-timer Singaporean couple living near one of the parents. Refer to HDB's Housing Grant rules if your situation differs.
* Updated based on 2024 Budget wef 20 Feb 2017
Note: Total Debt Servicing Ratio (TDSR) cannot exceed 60% of your net income. Mortgage Servicing Ratio (MSR) cannot exceed 30% of your income. Calculations are done at 3.5% Interest Rate.
Registration Date | HDB Model | Price | Location | Storey | Size | Built |
---|---|---|---|---|---|---|
May 23 | 3NG | $370K | Clementi Ave 2 | 1-3 | 67 sqm | 1978 |
May 23 | 3A | $495K | Clementi Ave 2 | 10-12 | 61 sqm | 2003 |
May 23 | 3NG | $380K | Clementi Ave 2 | 1-3 | 67 sqm | 1978 |
Jun 23 | 3NG | $413K | Clementi Ave 2 | 10-12 | 67 sqm | 1978 |
Jun 23 | 3NG | $370K | Clementi Ave 2 | 1-3 | 67 sqm | 1978 |
Jul 23 | 3NG | $385K | Clementi Ave 2 | 1-3 | 67 sqm | 1978 |
Lease Date | HDB Model | Price | Location | Built |
---|---|---|---|---|
Jun 23 | 3RM | $3,400 | Clementi Ave 1 | 1978 |
Jul 23 | 3RM | $3,800 | Clementi Ave 1 | 1978 |
Aug 23 | 3RM | $2,800 | Clementi Ave 1 | 1978 |
Aug 23 | 3RM | $1,200 | Clementi Ave 1 | 1978 |
May 23 | 4RM | $3,200 | Clementi Ave 1 | 1978 |
May 23 | 4RM | $2,550 | Clementi Ave 1 | 1978 |
HDB Type | Year (purchase) | Year (purchase) | Total Change | Annual Change |
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