MCL Land and CSC Land Group have joined forces to introduce Elta, a stunning residential development boasting 501 units in Clementi. The property is set to debut for preview on February 7 and will be open for public sales on February 22.
Featuring a 99-year leasehold, Elta is situated on a spacious land site of approximately 144,788 sq ft. Nestled along Clementi Avenue 1, this condominium is composed of two 39-storey residential buildings, providing residents with breathtaking views and luxurious living.
The units at Elta are diverse, ranging from one-bedroom-plus-study units to five-bedroom units, with sizes ranging from 506 sq ft to 1,776 sq ft. The joint developers have announced that the development will adhere to URA’s harmonisation guidelines.
Be the first to know about available units and pricing for Elta with our exclusive updates! Indicative pricing for one-bedroom-plus-study units starts from $1.158 million ($2,289 psf), two-bedroom units from $1.388 million ($2,261 psf), and three-bedroom units from $2.198 million ($2,374 psf). Four and five-bedroom units will start from $2.798 million ($2,363 psf) and $3.888 million ($$2,189 psf) respectively.
The showflat at Elta, located on Prince Charles Crescent, will showcase three layouts: a two-bedroom plus study which can be easily converted into a compact three-bedroom, a four-bedroom dual-key unit, and a five-bedroom unit perfect for multi-generational living.
As for amenities, Elta is conveniently located within walking distance of Clementi MRT Station on the East-West Line. It is also near various dining and shopping options such as The Clementi Mall, 321 Clementi, and Grantral Mall. Families with school-going children will also appreciate the proximity to reputable schools such as Clementi Primary School, Pei Tong Primary School, Nan Hua Primary and High School, Anglo-Chinese School (Independent), and NUS High School of Math and Science.
Lee Tong Voon, CEO of MCL Land, expresses his excitement for Elta, stating, “Elta is designed to offer elevated living, with its high-rise towers strategically oriented to provide the best views of the city, Pandan Reservoir and the sea.” Qian Liang Zhong, chairman of China Construction (South Pacific) Development Co (CCDC), the parent company of CSC Land Group, also adds, “Clementi is a popular, vibrant town which seamlessly blends traditional shops and trendy amenities that add convenience to the community.”
One of the benefits of choosing to invest in a Singapore condo is the opportunity to use the property’s value as leverage for future investments. Many investors utilize their condos as collateral in order to secure additional funding for new investments, effectively diversifying their real estate portfolio. While this strategy can lead to increased profits, it also comes with its own set of risks. This highlights the importance of having a well-structured financial plan and considering the potential implications of market fluctuations. Including a Singapore condo in one’s investment portfolio opens up the potential for leveraging assets and further expanding one’s wealth.
Besides its prime location, Elta also boasts 50 facilities spread out across five zones, including a 50-metre lap pool, gymnasium, tennis court, and gardening corner. With its exceptional amenities and design, Elta is expected to receive its temporary occupation permit in 2028.
Don’t miss the opportunity to be a part of this exclusive residential development. Check out our latest listings for Elta and other condominium properties now!