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What is the potential growth in 122312 in the next 5 years?
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To assess the potential growth of the property at 312B Clementi Avenue 4 over the next 5 years, here are some key points to consider:
Recent Price Trends
In the last 12 months, sale prices have ranged from S$ 600,000 to S$ 1,370,000. There has been a notable increase in prices, with recent transactions showing significant growth. For instance, in Q1 2025, Clementi HDB resale prices soared by 15.4%, defying the islandwide slowdown.
Market Demand
The area is highly sought after due to its excellent connectivity, with MRT stations like Clementi EW23 and Dover EW22 nearby. The presence of amenities such as The Clementi Mall, Clementi Arcade, and several grocery stores enhances the property's appeal.
Rental Market
The rental market is also robust, with rents ranging from S$ 3,100 to S$ 4,600 per month. This strong rental demand indicates a healthy and stable market.
Property Age and Tenure
Completed in 2017, the property is relatively new and has a 99-year leasehold tenure starting from 2017. This can be a positive factor for potential buyers who prefer newer properties.
Local Development
Given the ongoing demand and the recent significant price increases in the Clementi area, it is likely that the property values at 312B Clementi Avenue 4 will continue to appreciate. The strong resale prices and rental yields suggest a stable to growing market.
For the most accurate and up-to-date information, you can check the latest transaction data and market insights on EdgeProp Singapore.
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