The Clement Canopy stands as one of District 5's most recognisable 99-year leasehold condominiums, rising across two 40-storey towers along Clementi Avenue 1 and delivering 505 units to a catchment that spans NUS academics, young professionals commuting via the East-West Line, and long-term investors drawn to the Clementi-West Coast corridor. Developed by UOL Group and Singapore Land Group (SLG) — a pairing that carries a strong track record of mid-to-premium mass-market launches — the project obtained its Temporary Occupation Permit in 2019 and has since matured into a well-established resale address. Average transacted prices climbed from approximately S$1,273 per square foot at launch in 2017 to roughly S$1,998 psf by 2025, representing a compound appreciation that comfortably outpaced many peers in the Outside Central Region (OCR). For buyers weighing value, connectivity, and educational adjacency in a single package, The Clement Canopy warrants a close look — though its lease trajectory and unit-size trade-offs deserve equal attention before any commitment is made.
Snapshot as of 2026-05 — figures above reflect publicly available URA/HDB data at the time of this editorial review (as of 2026-05).
Clementi has long occupied a structural sweet spot in Singapore's residential geography. Anchored by Clementi MRT station on the East-West Line (EWL), the town sits roughly equidistant between the CBD and Jurong Lake District — the government's designated second commercial hub — giving residents dual commute optionality that few OCR locations can claim. The Clement Canopy is approximately a 10-minute walk from Clementi MRT, and the forthcoming Cross Island Line (CRL) interchange planned for Clementi will eventually add a second MRT line to the area, further compressing effective travel times. On the demand side, the National University of Singapore (NUS) campus lies within a 10-minute drive, generating perennial rental interest from visiting academics, postgraduate students, and university staff who prefer private accommodation. One-north and the Biopolis cluster — home to biomedical and tech employers — sit within the same arc, creating a professional tenant base that overlaps with the student demand. The District 5 catchment has historically benefited from tight private residential supply relative to its employment density, and that supply-demand dynamic is a structural support for both resale values and rental rates at projects like The Clement Canopy. The Urban Redevelopment Authority's 2019 Master Plan further designated Clementi town as a key regional hub, adding long-term planning confidence to the location. Buyers can use the mortgage calculator or affordability calculator to size their entry positions against current asking prices, which as of mid-2026 range from approximately S$1.47 million for a two-bedroom unit to over S$2.38 million for larger four-bedroom configurations.
We track 150 sales and 621 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE CLEMENT CANOPY dashboard.
- Average sale price: $1,634,003 across 150 transactions
- Estimated gross rental yield: 3.2%
- District 5 PSF ranking: Above average (top 29%)
- 99 yrs lease commencing from 2016 · OCR · D5 · 505 units
About THE CLEMENT CANOPY
THE CLEMENT CANOPY is a 99 yrs lease commencing from 2016 condominium, located at CLEMENTI AVENUE 1 in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Outside Central Region), comprising 505 residential units.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE CLEMENT CANOPY:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 31 | $1,826 psf | $1,178,468 |
| 2 BR | 40 | $1,837 psf | $1,327,817 |
| 3 BR | 79 | $1,785 psf | $1,967,789 |
Sales Market Overview
THE CLEMENT CANOPY has recorded 150 sale transactions with an average transaction price of $1,634,003, ranging from $1,050,000 to $2,850,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 34 | $1,639 psf | $1,531,602 | — |
| 2022 | 35 | $1,731 psf | $1,518,283 | ↑ 5.6% |
| 2023 | 19 | $1,836 psf | $1,760,994 | ↑ 6.1% |
| 2024 | 30 | $1,894 psf | $1,645,763 | ↑ 3.1% |
| 2025 | 25 | $1,969 psf | $1,829,456 | ↑ 4.0% |
| 2026 | 7 | $1,983 psf | $1,616,857 | ↑ 0.7% |
THE CLEMENT CANOPY ranks in the top 29% of condos in District 5 by average PSF.
Compared to the OCR average of $1,550 psf, THE CLEMENT CANOPY trades 16.6% above the segment benchmark.
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Rental Market Overview
THE CLEMENT CANOPY has recorded 621 rental transactions with monthly rents averaging $4,396/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 426 | $3,833/mo | $2,000/mo | $5,400/mo |
| 3 BR | 155 | $5,350/mo | $3,600/mo | $6,600/mo |
| 4 BR | 40 | $6,703/mo | $4,500/mo | $8,600/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 133 | $3,451/mo |
| 2022 | 96 | $3,971/mo |
| 2023 | 113 | $4,823/mo |
| 2024 | 111 | $4,794/mo |
| 2025 | 137 | $4,822/mo |
| 2026 | 31 | $4,911/mo |
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Investment Analysis
Based on average rents and sale prices, THE CLEMENT CANOPY delivers an estimated gross rental yield of 3.2%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,842 psf | 5979 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1413 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,888 psf | 1396 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,556 psf | 399 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows THE CLEMENT CANOPY (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE CLEMENT CANOPY
- Clementi MRT
- Dover MRT
- NUS High School of Mathematics and Science
- Kent Ridge Secondary School
- Anglo-Chinese School (Independent)
Nearby MRT Stations
THE CLEMENT CANOPY is 1.0 km from Clementi MRT (East-West Line), with 2 stations within 1.5 km.
Nearby Schools
There are 11 schools within 2 km of THE CLEMENT CANOPY, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| NUS High School of Mathematics and Science | Jc | 460m |
| Kent Ridge Secondary School | Secondary | 520m |
| Anglo-Chinese School (Independent) | Secondary | 890m |
| Clementi Primary School | Primary | 1.1 km |
| Clementi Town Secondary School | Secondary | 1.1 km |
| Singapore Polytechnic | Tertiary | 1.1 km |
| Pei Tong Primary School | Primary | 1.4 km |
| United World College of South East Asia (Dover) | International | 1.4 km |
| National University of Singapore | Tertiary | 1.4 km |
| Dover Court International School | International | 1.5 km |
| Nan Hua Primary School | Primary | 1.8 km |
The Clement Canopy's most frequently cited strength is the sheer quality and scale of its facilities relative to its unit count. With greenery, landscaping, and water features covering approximately 52 percent of the site area, the development achieves a resort-like ambience that is uncommon at the OCR price point. The centrepiece is a 50-metre infinity lap pool flanked by a canopy lounge, a children's pool, BBQ pavilions, an indoor gym, and a tennis court — a suite that comfortably serves both recreational and investment-grade tenants who prioritise lifestyle amenities. The two 40-storey towers afford high-floor units panoramic views across the Clementi estate and, on clear days, toward the Southern Ridges, a differentiation that holds resale value well against lower-rise OCR competitors. On the location axis, the proximity to five schools within a 1-kilometre radius — including Nan Hua Primary, which carries strong academic reputation — makes the address a natural fit for families operating within Singapore's Primary One registration framework. This educational adjacency is a structural demand driver that insulates the project from the volatility that purely investment-driven addresses can suffer. Transaction data from URA reinforces the capital appreciation story: every resale recorded through 2025 is reported to have been profitable, with four-bedroom sellers in particular booking gains approaching S$1 million in certain cases. For investors evaluating yield, the current gross rental yield sits at approximately 3.6 percent — respectable for a leasehold OCR asset in an environment where bank fixed deposit rates have moderated, and above the 3 percent floor typically cited as the minimum for positive-carry structuring in Singapore. Buyers assessing the full cost of ownership can model entry-to-exit scenarios using the ROI calculator and cross-reference stamp duty obligations via the stamp duty calculator.
The primary structural risk at The Clement Canopy is the lease clock. With a 99-year tenure commencing in 2016, the development entered 2026 with roughly 89 years remaining — still well within the 60-year threshold that banks and the CPF Board use as a comfort ceiling for full-quantum financing. However, buyers on a long hold horizon should factor the lease-decay curve into their exit modelling. The steepest depreciation pressure on leasehold assets typically materialises once a project drops below 70 years, a milestone The Clement Canopy will not face for approximately three decades, but which becomes a meaningful consideration for buyers who intend to hold for 15 or more years and then pass the asset to the next generation. The lease-decay calculator can illustrate how the Bala's Table adjustment affects theoretical value at various future exit dates. A second risk is unit sizing. The two-bedroom compact range starts at 635 square feet — efficient by developer standards but restrictive for tenants expecting meaningful dining and living separation. This compresses the addressable tenant pool slightly relative to projects with more generous floor plates, and can make the units feel dated as renter expectations for space evolve. Third, The Clement Canopy faces increasing competition from newer OCR launches in the same catchment, including ELTA by City Developments Limited, which launched in 2025 on a comparable leasehold tenure and benefits from a fresh 99-year clock — a structural advantage for buyers sensitive to lease vintage. Finally, proximity to Clementi Avenue 1 means that certain lower-floor stack orientations experience road noise, a nuance that serious buyers should verify during site visits.
[
{
"persona": "NUS-adjacent tenant investor",
"fit_color": "green",
"reason": "Perennial rental demand from NUS postgraduate students, visiting academics, and One-north professionals ensures occupancy resilience. At a gross yield of approximately 3.6 percent and 100 percent profitable resale history, the risk-return profile suits a buy-and-hold rental strategy with a 7-to-12-year horizon."
},
{
"persona": "HDB upgrader with school-priority family",
"fit_color": "green",
"reason": "Five primary schools within 1 km — including Nan Hua Primary — satisfy Phase 2C registration requirements. The two-tower layout, resort-grade pool facilities, and 505-unit community size create the lifestyle step-up that typical HDB upgraders seek, while OCR pricing keeps quantum within reach for dual-income households using CPF and a bank loan."
},
{
"persona": "Long-term own-stay buyer (10+ years)",
"fit_color": "green",
"reason": "With 89 years remaining on the lease and the forthcoming Cross Island Line interchange at Clementi, long-hold buyers capture both the connectivity upgrade catalyst and a still-healthy lease runway. The established estate, mature amenities, and stable neighbourhood profile suit buyers who prioritise liveability over short-cycle trading gains."
},
{
"persona": "Short-to-medium-term capital gains trader (under 5 years)",
"fit_color": "amber",
"reason": "Appreciation from launch to 2025 has already been substantial at roughly 57 percent in psf terms, and newer launches with fresher lease clocks are entering the same catchment. Sellers' Stamp Duty obligations in the first three years further compress realised returns. Buyers seeking quick-cycle gains may find better entry points elsewhere."
},
{
"persona": "Foreign buyer or second-property investor",
"fit_color": "amber",
"reason": "The 60 percent Additional Buyer's Stamp Duty for foreigners materially alters the return calculus, requiring a very long hold or significant rental income to break even. Singapore Permanent Residents acquiring a second property face 30 percent ABSD. The <a href=\"/calculator/total-cost\">total-cost calculator</a> and <a href=\"/calculator/stamp-duty\">stamp duty calculator</a> are essential tools before committing to this tier of acquisition cost."
}
]
The Clement Canopy earns a solid recommendation for owner-occupiers and yield-focused investors who prize location fundamentals over lease-clock freshness. Its Clementi Avenue 1 address packages MRT accessibility, elite-school proximity, NUS-driven rental demand, and an upcoming Cross Island Line catalyst into a coherent long-term value proposition. The UOL-SLG development pedigree, the resort-quality facilities, and the 100 percent profitable resale track record through 2025 all speak to resilient demand. The primary caveats — compressing unit sizes at the two-bedroom tier, road noise on certain stacks, and the lease now standing at roughly 89 years — are real but manageable with careful unit selection and a clear exit timeline. Buyers who are sensitive to lease vintage or who seek OCR exposure on a fresh 99-year clock should also evaluate ELTA and other newer Clementi launches side-by-side. For those for whom the Clementi micro-market is the goal and a proven, facilities-rich address is the priority, The Clement Canopy remains a top-tier choice in District 5. Use the compare tool to stack it against competing condominiums before making a final decision.
FAQ
What is the average price for THE CLEMENT CANOPY?
What is the rental yield for THE CLEMENT CANOPY?
Is THE CLEMENT CANOPY freehold or leasehold?
Is The Clement Canopy a good investment in 2026?
Based on transaction data, The Clement Canopy has delivered 100 percent profitable resales since completion in 2019, with average psf rising from approximately S$1,273 at launch to S$1,998 by 2025 — a gain of around 57 percent. The gross rental yield of approximately 3.6 percent provides a reasonable income cushion. For investors with a 7-to-12-year hold horizon targeting the NUS and One-north professional tenant base, the fundamentals remain supportive. However, buyers should note that the lease now sits at roughly 89 years and factor in the availability of newer OCR launches with fresher clocks when comparing entry prices.
How far is The Clement Canopy from Clementi MRT station?
The Clement Canopy is located along Clementi Avenue 1, approximately a 10-minute walk from Clementi MRT station (EW23) on the East-West Line. The station provides direct access to the CBD at Raffles Place in under 30 minutes and connects to Jurong East interchange, which serves both the North-South Line and the future Jurong Region Line. A forthcoming Cross Island Line interchange at Clementi will add a second mass rapid transit option, further improving connectivity for residents.
What is the tenure and how does lease decay affect value?
The Clement Canopy is a 99-year leasehold development with the lease commencing in 2016, leaving approximately 89 years as of 2026. Leasehold properties in Singapore are subject to Bala's Table depreciation, which accelerates as the lease falls below 70 years — a threshold The Clement Canopy will not reach for around three decades. For most owner-occupiers and medium-term investors, the current lease runway is comfortably within CPF Board and bank financing guidelines. Buyers planning to hold for 15 or more years and then sell should model their exit carefully using the lease-decay calculator.
What unit types and sizes are available at The Clement Canopy?
The Clement Canopy offers 505 units across five configurations: two-bedroom compact (635 to 657 square feet, 79 units), two-bedroom premium (710 to 732 square feet, 115 units), three-bedroom (990 to 1,163 square feet, 115 units), three-bedroom plus guest (1,109 to 1,346 square feet, 116 units), and four-bedroom (1,346 to 1,539 square feet, 80 units). The two-bedroom tiers are popular with investors targeting the NUS rental market, while the three- and four-bedroom units attract family owner-occupiers drawn to the school catchment.
Which schools are within 1 km of The Clement Canopy?
The Clement Canopy's location in Clementi places it within the 1-kilometre registration radius for several well-regarded primary schools, including Nan Hua Primary School, which is particularly sought after for its Confucian ethos and academic culture. The school catchment is a significant demand driver for family buyers operating within Singapore's Phase 2C registration system, where proximity is a decisive ballot factor. Families should verify the latest registration boundaries on the Ministry of Education's official school finder before relying on proximity for Phase 2C eligibility.
What facilities does The Clement Canopy offer?
The development is notable for its facilities-to-unit ratio, with landscaping and water features covering approximately 52 percent of the site area. Key amenities include a 50-metre infinity lap pool, a canopy lounge, a children's pool, an indoor gymnasium, BBQ pavilions, a tennis court, a children's playground, and 24-hour security. The rainforest-inspired landscape design across the two 40-storey towers creates a resort ambience that differentiates The Clement Canopy from leaner mid-range OCR developments.
How do I calculate total purchase costs including stamp duty for The Clement Canopy?
Total acquisition cost for a Singapore Citizen purchasing a first residential property includes Buyer's Stamp Duty (BSD) at progressive rates from 1 percent to 6 percent depending on the purchase price, legal fees, and mortgage costs. Singapore Citizens buying a second property pay an additional 20 percent ABSD, Permanent Residents pay 5 percent (first property) or 30 percent (second), and foreigners pay 60 percent ABSD on any purchase. Use the stamp duty calculator to model BSD and ABSD for your specific profile, and the total-cost calculator to aggregate all upfront costs into a single acquisition figure.
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 150 transactions analysed
- Rental data: 621 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for THE CLEMENT CANOPY
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