The Clement Canopy
The Clement Canopy is a 99-year leasehold condominium located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), part of the Outside Central Region (OCR). The development comprises 505 units, on a lease that commenced in 2016. Sale and rental figures on this page are compiled from URA transaction records.
THE CLEMENT CANOPY
Over the 12 months to Jul 2026, The Clement Canopy recorded 20 resale transactions at a median $1,969 psf (median price $1,436,500), and 137 rental contracts at a median $4,400/mo, a gross rental yield of 3.7%. Source: URA caveat data, as of Jul 2026.
The Clement Canopy's median of $1,969 psf over the trailing 12 months places its pricing above roughly 71% of District 5 condos; resale liquidity has been active with 20 caveats lodged; the 3.7% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $1,220,000 | $1,858 psf | 657 sqft | 21 to 25 | 1BR |
| May-26 | $2,780,000 | $2,066 psf | 1,345 sqft | 11 to 15 | 3BR |
| May-26 | $2,468,888 | $2,164 psf | 1,141 sqft | 31 to 35 | 3BR |
| May-26 | $2,830,000 | $2,103 psf | 1,345 sqft | 26 to 30 | 3BR |
| Mar-26 | $1,380,000 | $1,943 psf | 710 sqft | 11 to 15 | 2BR |
| Mar-26 | $1,220,000 | $1,858 psf | 657 sqft | 26 to 30 | 1BR |
| Feb-26 | $1,248,000 | $1,965 psf | 635 sqft | 21 to 25 | 1BR |
| Feb-26 | $2,370,000 | $2,138 psf | 1,109 sqft | 21 to 25 | 3BR |
Can I afford The Clement Canopy?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,436,500.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.