Overview & Key Facts
ELTA is a 99 yrs lease commencing from 2024 condominium at CLEMENTI AVENUE 1 in District 5 (OCR), developed by HC Land (Clementi) Pte Ltd, comprising 501 units, completed in 2025.
Location & Connectivity
ELTA is approximately 880m from Clementi MRT station, with 2 stations within 1.5 km.
Schools & Education
12 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| NUS High School of Mathematics and Science | Jc | 570m |
| Kent Ridge Secondary School | Secondary | 660m |
| Clementi Primary School | Primary | 950m |
| Clementi Town Secondary School | Secondary | 950m |
| Anglo-Chinese School (Independent) | Secondary | 990m |
| Singapore Polytechnic | Tertiary | 1.2 km |
| Pei Tong Primary School | Primary | 1.3 km |
| United World College of South East Asia (Dover) | International | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 175 | $2,551 psf | $1,604,080 |
| 2 BR | 105 | $2,617 psf | $2,321,324 |
| 3 BR | 111 | $2,546 psf | $3,008,883 |
| 4 BR | 21 | $2,380 psf | $3,822,667 |
Market Position
ELTA has recorded 412 sales at an average price of $2,278,434.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2025 | 356 | $2,553 psf | — |
| 2026 | 56 | $2,591 psf | ↑ 1.5% |
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Price Index Check
The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,856 psf | 6215 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1431 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1426 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 383 |
| LYNDENWOODS | 99 yrs lease commencing from 2025 | $2,462 psf | 342 |
Lease Analysis
With 97 years remaining on its 99-year lease, ELTA still qualifies for full bank financing and CPF usage.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, car-owning households, tertiary student housing and short-term flippers (<5 yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
multi-generational families and long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.
yield-focused investors should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
ELTA is a 99 yrs lease commencing from 2024 development in District 5 (OCR), with 501 units.
At ~$2,558 psf, it represents a competitive entry point in the OCR segment.
Explore the full ELTA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing ELTA against staying public? These HDB towns sit within walking or short-drive distance:
- Clementi — 4-room average $838,557 (180m away), an upgrader gap of about $1,450,000
- Queenstown — 4-room average $1,002,705 (1.5 km away), an upgrader gap of about $1,300,000
FAQ
What is the average PSF for ELTA?
Is ELTA freehold?
What is the rental yield for ELTA?
Which MRT is nearest to ELTA?
Sources & Next Steps
- ELTA Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 412 transactions
- Rental data: 0 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 412 records analysed · Source: URA private-sale caveats