Elta – the joint venture project between MCL Land and CSC Land Group at Clementi Avenue 1 – has sold 65% of its total units within the first month of its launch, with an average price of $2,537 psf. Out of the 501 units offered, 326 have been sold, with 90% of buyers being Singaporeans and 10% being permanent residents. The two-bedroom units were the most popular, with 98% being sold at prices starting from $1.388 million. About 81% of the 108 three-bedroom units have also been taken up, with prices beginning at $2.198 million. There was also a high demand for one-bedroom plus study units, with 78% being snapped up starting from $1.158 million. The most buyers came from districts 19, 5, and 23, with the development being the final private condo launched on government land sales sites at Clementi Avenue 1. Its popular location, close to employment nodes, the upcoming Cross Island Line, and educational institutions, has contributed to the strong sales. The average selling prices of The Clement Canopy and Clavon at Clementi Avenue 1 have also seen an increase of 45% (to $1,922 psf) and 27% (to $2,086 psf) respectively. With a healthy pool of HDB upgraders and a rise in tenants from the area, Elta is expected to continue doing well in the market. The developers, MCL Land and CSC Land Group, are optimistic about buyers’ confidence in the development, which seamlessly blends modern living with convenience and comfort. With sales surpassing 1,300 units in February, the primary market is expected to remain lively throughout the year, with Huttons revising its full-year projection for 2025 to between 7,500 and 8,500 units.