The previous record high for a 4-room flat in Clementi, $1.16 million for a unit at 441B Clementi Ave 3, was just broken today. A 4-room flat in the same vicinity, at block 445B, managed to fetch a new record price of $1.28 million. This is more than double its estimated original selling price of about $600,000. The project in question is Clementi Crest, which was launched during the 2015 BTO exercise. The HDB project only recently reached its first Minimum Occupation Period (MOP). So far only two transactions have taken place in Clementi Crest, but it’s not hard to see this is going to be one of Clementi’s headline HDB developments – likely for many years to come. Owners made approximately $600K or more Clementi Crest 4-room HDBs were selling for between $478,000 to $621,000 during the May 2015 BTO exercise, while 5-room flats went for between $576,000 to $725,000. This may been seen as expensive then considering 2015 was in the midst of a property price decline....