ELTA Review: Is It Worth Buying?

ELTA (逸泰雅居) presents an interesting proposition in District 5, particularly for those looking for a modern residential highrise with a 99-year leasehold. Given its location at 10, 12 Clementi Avenue 1 and a substantial number of units already sold, it's clear there's demand for what it offers. This project by HC Land (Clementi) Pte Ltd, a joint venture between MCL Land & CSC Land, is by BUC with an Expected TOP of 2028-03-30.

For families seeking diverse unit types, especially larger configurations, ELTA could be a strong contender. The project has a good spread of 4-bedroom and 5-bedroom units available. However, if you are seeking a freehold property or a project with immediate occupancy, this would not be suitable for your needs.

Honest Pros of ELTA

• Developer Pedigree: The joint venture between MCL Land & CSC Land brings together two established names in the Singapore property market, which can offer some reassurance regarding quality and delivery.
• Unit Variety: ELTA offers a broad unit mix, from 1 Bedroom + Study up to 5 Bedroom units, catering to singles, couples, and larger families. The inclusion of 4 Bedroom Dual Key units also provides flexibility for multi-generational living or potential rental income.
• Location: Situated in District D05, Buona Vista / West Coast, it's an area with established amenities and educational institutions, though specific distances to these are not provided.
• Early Sales Momentum: With 420 out of 501 total units already sold since its launch on 2025-02-21, ELTA has demonstrated strong market acceptance. There are still 81 units available across various types for those considering the project.

Honest Cons of ELTA

• Leasehold Tenure: Being a 99-year leasehold property, potential buyers should factor in the depreciating lease over time, especially compared to freehold options in the market.
• By BUC Status: While common for new launches, being By BUC means buyers will have to wait until the expected TOP date of 2028-03-30 for completion.
• Limited Smaller Units Remaining: While the project has a good selection of larger units, only 4 of the 1 Bedroom + Study units are still available.

ELTA vs. Comparables: Price Analysis

When we look at the pricing for ELTA, with prices ranging from $1,404,000 – $4,609,000 and PSF from $2,233 psf – $2,930 psf, it's helpful to compare it against other projects in the D05 district.

Project	Price Range	PSF Range	Tenure	Expected TOP
ELTA	$1,404,000 – $4,609,000	$2,233 psf – $2,930 psf	99 Years	2028-03-30
Faber Residence	$2,799,000–$3,476,000	$2,249 psf–$2,408 psf	99 years wef 24 Feb 2025	2029-03-30
Hudson Place Residences	$1,723,000–$5,969,000	$2,411 psf–$2,745 psf	99 years	2029-09-29
Terra Hill	$3,791,000–$7,280,000	$2,072 psf–$2,501 psf	Freehold	2028-03-30

Compared to other 99-year leasehold projects like Faber Residence and Hudson Place Residences, ELTA's PSF range is competitive, especially with its upper PSF being higher than Faber Residence but within the range of Hudson Place Residences. Terra Hill, being a freehold project, naturally has a higher overall price range, but its PSF can be lower or overlap with ELTA's, illustrating the premium for freehold tenure despite differences in absolute price.

Unit Mix Highlights

ELTA offers a comprehensive range of unit types, with a focus on larger homes:

• 1 Bedroom + Study (506 sq ft): 4 of 36 available, priced from $1,404,000 – $1,427,000.
• 3 Bedroom (926 sq ft): 2 of 72 available, priced from $2,691,000 – $2,713,000.
• 4 Bedroom (1184 sq ft): 7 of 36 available, priced from $3,330,000 – $3,413,000.
• 4 Bedroom + Study (1507 sq ft): 21 of 35 available, priced from $3,703,000 – $4,082,000.
• 4 Bedroom Dual Key (1313 sq ft): 19 of 36 available, priced from $3,410,000 – $3,661,000.
• 4 Bedroom Premium (1313 sq ft): 5 of 36 available, priced from $3,519,000 – $3,569,000.
• 5 Bedroom (1776 sq ft): 23 of 35 available, priced from $3,965,000 – $4,609,000.

The good availability in 4 Bedroom + Study, 4 Bedroom Dual Key, and 5 Bedroom units indicates ample choice for those needing more space. You can view more details on the official project page for ELTA here.

Showflat Checklist for ELTA

When you visit the showflat for ELTA, here are some practical points to consider beyond just the aesthetics:

• Layout Efficiency: Pay close attention to the functional layout of different unit types. Are the living spaces, bedrooms, and kitchen well-proportioned?
• Storage Solutions: Check for built-in storage options. Are there enough wardrobes, utility rooms, or dedicated storage spaces?
• Fixture and Finishing Quality: Examine the quality of materials, fittings, and appliances provided. Do they meet your expectations for a new launch in this price range?
• Balcony Size and Orientation: If balconies are important to you, assess their size and imagine how they would function. Also, try to understand the likely orientation of the unit you are interested in.
• Potential for Customisation: Enquire about any limitations or possibilities for minor renovations or customisation after TOP, keeping in mind developer regulations.
• Views and Privacy: While a showflat doesn't always replicate the exact views, try to understand the potential privacy and outlook of the units, especially for higher floors or those facing specific directions.

All information is subject to the developer's confirmation and may change without prior notice. Prices, charts and figures are indicative and for reference only; this material does not constitute financial or investment advice.

Kaeden Ong · Assistant Division Director, ERA Realty Network · CEA Reg. L3002382K

ELTA photos

ELTA site plan

ELTA video tour