Overview Score
our consideration
Our Verdict
ELTA’s launch price of $2,189–$2,771 PSF sits about 15–20% above older resale units in the area. This premium includes the convenience of a new condo, a strong developer background, and prime proximity to schools.
Long-Term Potential – Jurong Lake District and the Cross Island Line could boost ELTA’s values by 15–20% by 2030.
Rental Strength – Projected yield of 4.5% appeals to landlords targeting professionals in the growing western precincts.
Downside: Some blocks might face road noise from the AYE, and future price growth hinges on timely JLD development.
ELTA suits families seeking schools nearby or investors confident about District 5’s growth. Buyers seeking immediate rental returns might consider older condos at lower PSF. If you believe in Clementi’s ongoing transformation, ELTA offers a solid position for future capital appreciation.
ELTA Condo Review
ELTA is a 99-year leasehold condominium at Clementi Avenue 1 (District 5). This development by MCL Land and CSC Land Group has 501 units spread across two 39-storey towers. It balances modern design with access to schools, public transport, and retail spots. The recent sales numbers show strong buyer interest.
Overview & Facesheet
| Detail | Specification |
|---|---|
| Developer | HC Land (Clementi) Pte Ltd (MCL Land & CSC Land Group) |
| Address | 10, 12 Clementi Avenue 1, Singapore 129632/129633 |
| Tenure | 99-year leasehold (from February 2024) |
| Site Area | 13,451.10 sqm (~144,788 sqft) |
| Total Units | 501 units (1BR+Study to 5BR) |
| Tower Configuration | Two 39-storey towers above a 3-storey multi-storey carpark |
| Expected TOP | Q1 2029 |
| Legal Completion | Q1 2032 |
| Plot Ratio | 3.5 |
| Carpark Lots | 401 regular, 6 accessible |
| Key Consultants | P&T Consultants (Architect), China Construction Realty (Main Contractor) |
Floor Plan Analysis
Unit Distribution
| Unit Type | Size (sqft) | Total Units | % Mix | Key Features |
|---|---|---|---|---|
| 1BR + Study | 506–699 | 36 | 7.2% | Compact layouts for singles or couples |
| 2BR (1–2 Bath) | 614–807 | 72 | 14.4% | Flexible configurations, some with PES |
| 3BR/3BR Premium | 845–1,128 | 72 | 14.4% | Family-friendly layouts, premium DK options |
| 4BR/4BR+Study/Dual Key | 1,220–1,507 | 108 | 21.6% | Larger living areas, dual-key flexibility |
| 5BR w/ Private Lift | 1,776 | 35 | 7.0% | Upper-tier penthouses with private lift |
Unit Pricing & PSF
| Unit Type | Starting Price | PSF Range | Breakeven PSF |
|---|---|---|---|
| 1BR + Study | $1.16M–$1.98M | $2,261–$2,771 | ~$2,156 |
| 2BR | $1.34M–$1.98M | $2,261–$2,576 | |
| 3BR | $2.20M–$2.49M | $2,374–$2,604 | |
| 4BR | $2.80M–$3.55M | $2,189–$2,377 | |
| 5BR | $3.88M | $2,189 |
Average PSF at launch: $2,537
Units Sold
- Launch Weekend (Feb 2025): 65% sold (326 of 501 units) at an average PSF of $2,537.
- Demand Factors: School proximity, future Cross Island Line (2032), and fewer new launches in Clementi.
Site Plan Analysis
- Configuration: Two 39-storey towers with a wide range of facilities, including a 50m lap pool, tennis court, and sky bridge.
- Views:
- North: Clavon condominium (37-storey).
- East: Clement Canopy skyline.
- South: Ayer Rajah Expressway and possible sea views.
- Connectivity:
- MRT: About 820m to Clementi MRT (East-West Line, future Cross Island Line by 2032).
- Highways: Direct entry to AYE and PIE.
- Nearby:
- Schools: Nan Hua High School, NUS High School, Anglo-Chinese School (Independent).
- Business Hubs: Jurong Lake District, one-north tech park.
About the Developers
MCL Land
| Detail | Specification |
|---|---|
| Established | 1963 |
| Parent Company | Jardine Matheson Group |
| Past Projects | Parc Esta, Leedon Green, Piccadilly Grand |
| Focus | Energy-saving residential builds, green certifications |
CSC Land Group
| Detail | Specification |
|---|---|
| Parent Company | China State Construction Engineering Corp (CSCEC) |
| Past Projects | Twin VEW, Verdale |
| Awards | 32 BCA Green Mark Awards, 51 Construction Excellence Awards |
Joint Venture Strengths
- Combines MCL’s local experience with CSC’s global building expertise.
ELTA Condo’s 65% sales rate at launch shows high buyer confidence. The $2,189–$2,771 PSF range aligns with market trends in Clementi. Proximity to top schools, strong developer credentials, and fresh transport links point to stable long-term value. Resale performance could match nearby Clavon, which trades around $1,800–$2,100 PSF.
Elta
Get Latest Pricing & available Units
In urban environments, the fusion of functionality and aesthetics is crucial for creating living spaces that are both practical and visually appealing. Impeccable design principles play a key role in optimizing the layout and utilization of space in urban dwellings.
ELTA Condo Location & Amenities Analysis
ELTA’s address puts residents near transport options, schools, and shops. URA plans in the western region add more growth potential.
Connectivity & Accessibility
Public Transport
| Facility | Distance | Details |
|---|---|---|
| Clementi MRT (EW Line) | 820m (~10-min walk) | Direct route to the CBD, Jurong East, and Changi Airport. Future Cross Island Line broadens reach. |
| Clementi Bus Interchange | 2 bus stops away | Routes 189, 96, 183, and 282 connect to West Coast, Jurong, and Bukit Timah. |
Road Networks
- AYE: 2-min drive to reach the Central Business District in about 15–20 mins.
- PIE: 5-min drive for easy travel to Changi Airport, Tampines, and northern areas.
- Nearby Hubs:
- Jurong Lake District (8-min drive), one-north (10-min drive), NUH (~4 km).
Nearby Educational Institutions
Schools Within 1–2 km
| Institution | Level | Distance |
|---|---|---|
| Clementi Primary School | Primary | <1 km |
| Pei Tong Primary School | Primary | <1 km |
| Nan Hua High School | Secondary | Next door |
| NUS High School of Math & Science | Secondary | ~500m |
Tertiary Institutions
- NUS: ~3 km
- Singapore Polytechnic: ~2.5 km
- Ngee Ann Polytechnic: ~6 km
Amenities & Lifestyle Options
Shopping & Dining
| Facility | Distance | Highlights |
|---|---|---|
| Clementi Mall | 1.2 km | NTUC FairPrice, Uniqlo, and a large hawker corner |
| West Coast Plaza | 2 km | Sheng Siong, Cold Storage, and a cinema |
| Jurong East | 3 MRT stops | JEM, Westgate, and IMM |
Parks & Recreation
- Clementi Woods Park: ~1.5 km (trails, picnic areas).
- Jurong Lake Gardens: ~3 km (water sports, scenic spots).
- Kent Ridge Park: ~4 km (walkways, greenery).
Sports & Healthcare
- Clementi Sports Hall: ~1 km (swimming pool, badminton courts).
- NUH: ~4 km.
- My Family Clinic: ~500m (round-the-clock GP).
URA Master Plan Impact
- Jurong Lake District (JLD)
- Future commercial center, about 8-min drive from ELTA.
- Plans for office spaces, malls, and recreation, which support housing demand.
- Improved Connectivity
- Cross Island Line (2032) broadens MRT coverage.
- Extended bike paths linking Clementi to Pandan and Pasir Panjang.
- Eco Initiatives
- Sungei Pandan Kechil: Waterfront spots, parks, and cycling routes.
- Green Buildings: ELTA features energy-saving designs and bike facilities.
- Community Upgrades
- New eldercare centers and improved Clementi Town Center.
Conclusion
ELTA’s location benefits from direct transport, top schools, and broad lifestyle choices. The ongoing development of Jurong Lake District and better MRT links could boost long-term value.
Comparative Market Analysis (CMA)
ELTA enters Clementi’s market as a family-focused project. Below are key metrics that set it apart.
MOAT Factors
| Factor | ELTA’s Advantage |
|---|---|
| Location | Next to Nan Hua High School, near Clementi MRT (EW and future Cross Island). |
| Developer Track | MCL Land and CSC Land have solid backgrounds in large-scale condo builds. |
| Unit Mix | 35% 2BR units for smaller households, plus flexible 3BR and 4BR layouts. |
| Future Potential | Linked to URA Master Plan for Jurong Lake District and Cross Island Line. |
Growth Catalysts
- JLD Development
- Offices, retail, and housing within an 8-min drive.
- Could drive 4–7% annual capital growth in District 5.
- Cross Island Line
- Access to key regions, boosting rental interest.
- Education Belt
- Many schools in the area appeal to locals and expat families.
- Limited New Supply
- Few unsold projects in Clementi, which helps maintain price stability.
Appreciation Analysis (Nearby Condos: Past 5 Years)
| Project | Launch PSF | Current Resale PSF | Appreciation |
|---|---|---|---|
| Clavon (2020) | $1,800 | $2,100–$2,300 | +21.69% |
| Parc Clematis (2020) | $1,650 | $2,100–$2,400 | +28.91% |
| The Clement Canopy (2017) | $1,400 | $1,900–$2,150 | +41.08% |
| The Trilinq (2013) | $1,300 | $1,500–$1,700 | +16.08% |
Monthly Rental Yield Comparison
| Project | Avg. Rent (PSF) | Rental Yield |
|---|---|---|
| Clavon | $3.80 | 3.6% |
| Parc Clematis | $3.70 | 3.5% |
| The Clement Canopy | $4.10 | 3.6% |
| ELTA (Projected) | $4.50 | 4.5% |
Benchmarking
Sales Price
| Project | Unit Type | Avg. PSF |
|---|---|---|
| ELTA (2025) | 3BR | $2,374–$2,604 |
| The Clement Canopy | 3BR | $1,903–$2,080 |
| Clavon | 3BR | $2,100–$2,300 |
Rental Price
| Project | 2BR Rent (Monthly) | 3BR Rent (Monthly) |
|---|---|---|
| ELTA (Projected) | $3,800–$4,200 | $5,500–$6,000 |
| Clavon | $3,200–$3,600 | $4,800–$5,200 |
| The Clement Canopy | $3,500–$3,900 | $5,000–$5,500 |
