Elta

Overview & Key Facts

ELTA is the first new-launch condominium in Clementi in four years, jointly developed by MCL Land and CSC Land Group under their joint entity HC Land (Clementi) Pte Ltd. Rising as two 39-storey towers on a generous 144,788 sq ft site at 10 Clementi Avenue 1, the 501-unit development was one of the most closely watched launches of early 2025. MCL Land’s pedigree — Tembusu Grand, Piccadilly Grand, Leedon Green — gave buyers confidence, and the market responded: 326 of 501 units (65%) sold on launch weekend at an average of $2,537 PSF.

Designed by P&T Consultants with landscape architecture by Ecoplan Asia, ELTA’s twin towers feature a facade of aluminium fins and boxed frames that create a clean, modern silhouette visible from the AYE. The architectural brief — “Elevated Modern Living” — manifests as sky bridges connecting elevated pavilions through treetop-level greenery, a design move that makes creative use of the 49% site coverage. At 39 storeys each, these are among the tallest residential towers in Clementi, and upper-floor stacks on the north side enjoy sweeping views toward Dover and one-north.

ELTA’s strategic positioning is undeniable. It sits at the nexus of Singapore’s western growth corridors — the one-north tech hub, Jurong Lake District, and Jurong Innovation District — while being firmly rooted in Clementi’s established residential fabric. NUS High School of Mathematics and Science is literally next door, and Nan Hua High School sits across the road. The question for buyers is not whether Clementi is a good address, but whether $2,642 PSF (trailing 12-month average) represents fair value for a project that is 880 metres from its nearest MRT station.

Location & Connectivity

ELTA is situated along Clementi Avenue 1, flanking the Ayer Rajah Expressway to its south. Clementi MRT (East-West Line) is approximately 880 metres away — a realistic 11–13 minute walk depending on pace. That MRT distance is ELTA’s most frequently cited drawback. However, the picture improves significantly by 2032 when Clementi MRT is slated to become an interchange station with the Cross Island Line, adding a second line to an already well-connected node. Bus services along Clementi Avenue 1 and Commonwealth Avenue West are plentiful and reach the MRT within minutes.

Daily necessities are well served. Clementi Mall (1.3 km) anchors the neighbourhood with FairPrice Finest, a public library, and a cinema. For bigger retail runs, JEM and Westgate at Jurong East are two MRT stops away. Sheng Siong supermarket is a 5-minute walk from the development. For hawker fare, Clementi 448 Market and Food Centre is a reliable bet within easy reach by bus.

The school ecosystem is exceptional. NUS High School of Mathematics and Science (570m) and Kent Ridge Secondary (660m) are within walking distance. Clementi Primary (950m) and ACS Independent (990m) round out a remarkably strong cluster. The proximity of NUS, Singapore Polytechnic, and Ngee Ann Polytechnic adds a tertiary education dimension that few condos can match. For families with school-going children, this catchment is a compelling reason to pay the ELTA premium.

Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Facilities

ELTA’s 144,788 sq ft site allows for a generous spread of over 50 facilities across ground level and elevated sky decks. The centrepiece is a 50-metre lap pool, flanked by a leisure pool, children’s wading area, and sun decks. A fully equipped gymnasium, tennis court, yoga corner, and walking tracks cater to fitness enthusiasts. What sets ELTA apart from typical new launches is the elevated facility cluster dubbed “The Canopy” — three pavilions linked by a sky bridge winding through mature trees, offering function rooms, garden spaces, and a vantage point above the landscaped grounds. BBQ pits, a clubhouse, spa room, and resting pods scattered throughout the development ensure variety for different moods and occasions.

“The showflat convinced us on the facilities — the sky bridge concept and the amount of greenery for a 501-unit project is impressive. The lap pool is proper 50 metres, not the tiny plunge pools you see at some launches. We bought a 3-bedder on launch weekend.”

— Buyer at launch, StackedHomes forum, Feb 2025

Unit Sizes & Layout

ELTA offers 10 unit types ranging from 1-Bedroom + Study (506 sq ft) to 5-Bedroom (1,776 sq ft), with the sweet spot at the 2-Bedroom Premium (700 sq ft) and 3-Bedroom (926 sq ft) configurations that drove most launch-weekend sales. A standout is the 4-Bedroom Dual Key (1,313 sq ft), catering to multi-generational families or owner-investors who want to live in one wing and rent out the other. All units share a 2.79-metre ceiling height and comply with the GFA harmonisation guidelines, meaning the stated square footage excludes AC ledges and other unusable areas — what you see is genuinely liveable space.

Pricing & Market Position

Across 413 recorded transactions (all-time), sale prices range from $1,158,000 to $4,432,000, averaging $2,282,794.

Over the last 12 months, transactions averaged $2,603 psf.

Price Appreciation

From 2025 to 2026, the average PSF has appreciated by 1.3% (from $2,553 to $2,586 psf).

Neighbourhood Comparison

In the Clementi-Dover corridor, ELTA faces direct comparison with several established condos. Normanton Park ($1,864 PSF, 1,862 units) offers significantly lower entry pricing and superior MRT proximity (Kent Ridge, 450m), but it is a mega-development with density trade-offs. Parc Clematis ($1,880 PSF, 1,468 units) is another large-scale option closer to Clementi MRT. Both transact at roughly 30% below ELTA’s current PSF, making ELTA the clear premium play in the district.

The more interesting comparison is with fellow new launch Faber Residence ($2,154 PSF, 399 units), which launched later in 2025 at a notably lower PSF. Faber Residence’s low-rise, riverfront positioning is attractive, but its 1.46 km MRT distance and lower walkability score (36 vs ELTA’s 50) are significant disadvantages. Meanwhile, Lyndenwoods ($2,462 PSF) nearby trades close to ELTA’s range but with a much smaller unit count and less comprehensive facilities. ELTA’s positioning is as the premium, full-facility option in western District 5.

Lease Decay Analysis

The 99-year lease runs from 2024, meaning approximately 2 years have already been consumed. Roughly 97 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~87 years remaining, which is still very bankable. The risk profile changes for longer holds.

ShiokNest Scores

Our proprietary scoring system evaluates ELTA across multiple dimensions.

What Residents Say

“We chose ELTA over Normanton Park purely for the school proximity. NUS High is next door and Clementi Primary is within 1 km. Our older child walks to Kent Ridge Secondary. The MRT distance is the trade-off, but we drive anyway so it doesn’t affect us daily.”

— Buyer, PropertyGuru forum, 2025

“The PSF is steep for Clementi — no way around it. We’re paying $2,500+ per square foot for an OCR address that’s 880 metres from the MRT. But the showflat quality and MCL Land’s track record convinced us. Twin Vew and Clavon next door have held value well despite AYE noise.”

— Launch weekend buyer, StackedHomes, 2025

“I’m a market observer and honestly think ELTA is a bet on Clementi’s future rather than its present. The one-north corridor is real, the CRL interchange is confirmed, and MCL Land doesn’t build poorly. But you need a 5-7 year horizon to see returns here. Short-term flippers will be disappointed.”

— Property analyst commentary, PLB Insights, 2025

Strengths & Weaknesses

Verdict

ELTA delivers a polished product in a location with genuine long-term fundamentals. Clementi’s transformation from a quiet western suburb into a node linking one-north, Jurong Lake District, and NUS is well underway, and ELTA is positioned to ride that trajectory. MCL Land and CSC Land’s track record (TWIN VEW earned a top-tier CONQUAS score) suggests the build quality will hold up, and the 97-year remaining lease provides near-full tenure comfort.

The honest concern is pricing. At $2,642 PSF on trailing transactions, ELTA commands a 40% premium over Normanton Park ($1,864) and Parc Clematis ($1,880) — both of which are newer, closer to MRT stations, and already generating rental income. That gap reflects ELTA’s new-launch premium and arguably the most complete facilities package in the Clementi corridor, but buyers should enter with realistic expectations about near-term capital appreciation. The 880m MRT walk is a genuine friction point that will weigh on rental attractiveness until the CRL interchange materialises in 2032.

ELTA is best suited to owner-occupiers who prioritise the school catchment (NUS High, ACS Independent, Clementi Primary) and want a quality new-build in a neighbourhood they know. Pure investors may find better yield prospects at older, MRT-adjacent developments in the same district. The 65% launch-day sellout signals strong market validation, but the remaining 35% of units will test whether the market is willing to absorb this PSF level without urgency-driven FOMO.