ELTA

ELTA at Clementi Avenue 1: A Prime Investment Opportunity in Clementi

The Government Land Sale (GLS) site at Clementi Avenue 1 attracted significant interest when its tender closed on November 7. Among three sites up for bidding, Clementi Avenue 1 saw the highest competition, with six bids submitted. The top bid of $633.45 million ($1,250 psf per plot ratio) came from a consortium comprising CSC Land Group and MCL Land, two reputable and well-established developers in the region. This winning bid was 4.03% higher than the second-highest offer from a consortium that included CDL, Frasers Property, and Sekisui.

ELTA: A Premier Development by Renowned Developers in Clementi Avenue 1

ELTA, the new development coming to this prime Clementi Avenue 1 site, benefits from the expertise of both CSC Land Group and MCL Land. CSC Land Group, a subsidiary of China State Construction Engineering Corporation, has a strong track record in delivering high-quality residential and commercial properties across Asia. MCL Land, a subsidiary of Hongkong Land, is equally renowned for its premium developments and commitment to creating sustainable, luxurious homes. Together, these developers bring a wealth of experience and reliability to ELTA, ensuring a project of superior design, quality, and long-term value.

Education Belt around ELTA

Clementi is a highly sought-after residential area due to its proximity to a wide range of renowned educational institutions, making it ideal for families and students. For primary education, popular schools like Nan Hua Primary School and Pei Tong Primary School are located nearby, known for their academic excellence and strong reputations. For higher-level education, the area boasts prestigious institutions such as the National University of Singapore (NUS), NUS High School of Math and Science, Nan Hua High School, and University Town, providing top-tier learning environments.

Additionally, Singapore Polytechnic and Anglo-Chinese School (Independent) offer further educational opportunities, while international institutions like United World College and INSEAD Asia cater to a global student population.

Anglo-Chinese Junior College also adds to the wide array of secondary and tertiary educational options, making Clementi an education-centric locale that appeals to families prioritizing academic excellence for their children.

A good education can help to give a good head start in life. Take your pick from some of Singapore’s most sought-after primary schools to established junior college and international schools, ELTA is surrounded by education institutions for kids of all ages. Are you aware that Nan Hua High and NUS High School offers Integrated Programme (IP) programme?  Do check out the list of schools offering the Gifted Education Programme, or GEP

ELTA’s location benefits

Clementi’s prime location also places it within close proximity to key innovation and media hubs such as one-north, Fusionopolis, and the MediaCorp campus. one-north is a vibrant business park that houses leading companies in industries like biomedical sciences, information technology, and media, making it a dynamic hub for professionals working in these sectors. Fusionopolis, known for its cutting-edge research and development facilities, is a hub for innovation in science and technology. Meanwhile, the MediaCorp campus is home to Singapore’s largest broadcaster, further adding to the area’s appeal for media and creative professionals. This strategic location makes Clementi highly attractive to those working in these knowledge-intensive industries, offering a convenient and well-connected living environment.

Future Prospects of ELTA

ELTA enjoys a strategic location in the heart of four major transformational growth areas, enhancing its appeal as a prime residential choice. To the west lies the rapidly evolving Jurong Lake District, set to become Singapore’s second Central Business District (CBD) with new commercial, residential, and recreational developments. This transformation promises future growth and increased connectivity, making ELTA ideally positioned for residents looking to benefit from Jurong’s expanding job opportunities and vibrant urban landscape.

To the south is the cutting-edge one-north business park, a global hub for biomedical, media, and technology sectors. With a concentration of research and innovation, one-north offers exciting career opportunities just a short commute from ELTA. Neighboring this is the Kent Ridge education belt, home to top-tier institutions such as the National University of Singapore (NUS) and research centers, ensuring that residents have access to world-class education and research facilities right next door.

Looking ahead, the Greater Southern Waterfront City, a visionary project to transform Singapore’s southern coastline into a vibrant waterfront district, promises to deliver a new blend of commercial, residential, and recreational spaces. With ELTA positioned centrally between these growth areas, residents will enjoy unmatched convenience, accessibility, and future capital appreciation as these developments unfold, cementing its status as a prime investment and lifestyle choice.

Nearby Amenities from ELTA

Within a 10-minute drive from Clementi, residents can access a variety of exciting amenities and lifestyle destinations. The one-north business hub is home to research, technology, and media companies, offering opportunities for professionals. For shopping and dining, The Star Vista and Rochester Mall provide a diverse mix of retail, dining, and entertainment options, making them popular spots for both work and leisure. Holland Village, known for its vibrant café culture, trendy eateries, and unique boutiques, is a lively destination for social gatherings. Additionally, the charming Wessex Estate, with its colonial-era black-and-white houses, offers a tranquil retreat amidst lush greenery and art galleries.

Transportation Links around ELTA

Clementi boasts excellent transportation links that enhance connectivity for residents and commuters alike. The Clementi MRT station serves as a key transit point on the East West Line, providing convenient access to various parts of Singapore. Enhancing this connectivity further is the Clementi Interchange, set to open in 2032, which will connect residents to the upcoming Cross Island Line, expanding their commuting options. Additionally, major roadways such as the Ayer Rajah Expressway (AYE), Pan Island Expressway (PIE), and the West Coast Highway facilitate easy travel by car, making Clementi an ideal location for those who prioritize accessibility and convenience in their daily commutes.