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Quick Answer: Elta Condo at Clementi Avenue 1 is a 501-unit new launch by MCL Land & CSC Land, near Clementi MRT (EWL). Indicative prices from $2,100 psf for this NUS proximity OCR address targeting HDB upgraders and investors seeking the knowledge economy rental premium.
CEA Disclaimer: Alvin Tan | CEA Reg. No. R072324C | ERA Realty Network Pte Ltd (L3002382K). All prices and projections are indicative only and subject to change without notice. This article does not constitute financial or investment advice. Past performance is not indicative of future results.
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Elta Condo: Clementi’s Newest Residential Addition
Elta is a 501-unit residential development at Clementi Avenue 1, jointly developed by MCL Land and CSC Land Group. Its key selling propositions:
- Location: Clementi Avenue 1, within 1km of Clementi MRT (EWL) and Clementi Mall
- NUS proximity: 2–5 min drive to National University of Singapore (NUS) main campus
- One-north access: 10–15 min drive to Biopolis and Fusionopolis
- School belt: Within 1km of Pei Tong Primary School and Clementi Primary School
- JRL future access: Clementi EWL + upcoming Cross Island Line extension will further enhance connectivity
Elta Condo Price Guide 2026
Indicative pricing for Elta units based on developer launch data:
- 2-bedroom (614–700 sqft): from $1.33M indicative (~$2,100–$2,200 psf)
- 3-bedroom (969–1,119 sqft): from $2.10M indicative (~$2,100–$2,200 psf)
- 4-bedroom (1,367–1,593 sqft): from $2.90M indicative (~$2,100–$2,150 psf)
- 5-bedroom (1,733 sqft): from $3.65M indicative
All prices indicative only. ABSD, BSD, and legal fees apply separately.
Elta vs West Coast Vale vs Normanton Park: Clementi Belt Comparison
| Development | PSF (approx) | Units | MRT |
|---|---|---|---|
| Elta (new) | $2,100–$2,200 | 501 | Clementi (EWL) |
| Normanton Park | $1,800–$2,100 | 1,862 | one-north (CCL) |
| The Clement Canopy (resale) | $1,900–$2,100 | 505 | Clementi (EWL) |
The NUS Rental Premium at Elta
Elta’s NUS proximity is its most defensible investment attribute:
- NUS faculty on 2–3 year contracts: prefer furnished Clementi condos within 5 min of campus gate
- PhD researchers on NUS scholarships: $2,500–$3,500/month budget for 1–2 bedroom units
- Research fellow couples: 2–3 bedroom units at $4,000–$5,500/month
- Medical staff at NUH (National University Hospital): walking distance creates premium demand for 1BR near NUH Crescent MRT
Indicative gross rental yields for Elta: 3.0%–3.8%, sustained by the NUS ecosystem regardless of broader market cycles.
Buying Tips for Elta Condo 2026
- High floors with southern facing: Views toward Clementi forest reserve and lower noise from Clementi Avenue 1 traffic
- Stack selection matters: Units closer to NUS lane access and Clementi MRT walking distance command resale premium
- 2-bedroom sweet spot for yield: NUS researchers and young couples drive 2BR yield higher than larger units on a percentage basis
- Register for VVIP preview: Elta releases its best pricing and best stacks at VVIP stage — register early
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