# Developers’ sale lifts Elta to new psf-price peak of $2,907

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-09T06:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/developers-sale-lifts-elta-new-psf-price-peak-2907
- **Topics:** Private Residential, New Launches, Transactions & Deals

## Featured rationale

The developer sale signals continued willingness to pay premiums at the substantially sold Clementi project and may support pricing for its 89 remaining units.

## AI summary

A 926 sq ft three-bedroom apartment at Elta sold for $2.69 million on June 28, setting a development record of $2,907 psf.

## Original article

Elta, a 99-year leasehold development in Clementi topped the list of private non-landed residential developments that recorded new psf-price highs during the week of June 23 to 30. It scored a fresh record of $2,907 psf when a 926 sq ft three-bedder was purchased from the developers for $2.69 mil- lion on June 28.

The sale edges out Elta’s previous high of $2,881 psf, achieved through the sale of a similarly sized three-bedder for $2.67 million at the project’s launch in February 2025.

Located along Clementi Avenue 1 in District 5, the 501-unit development comprises two 39-storey residential towers, housing one- to five-bedroom apartments measuring between 506 and 1,776 sq ft. It also has 36 four-bedroom, dual-key units of 1,313 sq ft each.

Search for the latest New Launches, to find out the transaction prices and available units

Over its launch weekend last year, Elta logged a 65% take-up rate at an average selling price of $2,537 psf. Based on caveats lodged as of July 7, 89 units at the project remain unsold. Elta is slated to receive its temporary occupation permit in 2028.

The second-highest psf-price peak for the week came from a 1,389 sq ft, three-bedroom unit at The Shelford. The second-floor unit changed hands for $3.76 mil- lion on June 25, setting a new record high of $2,708 psf at the freehold condo.

It surpasses The Shelford’s former record of $2,601, established by the sale of a smaller 1,184 sq ft three-bedder for $3.08 million in October 2024.

Completed in 2005, the 215unit development is located in Bukit Timah in prime District 11. Unit types range from one- to four-bedroom layouts spanning 732 to 2,411 sq ft. Nearby retail and food options — including Crown Centre, Serene Centre and Cluny Court — are within a three- to five-minute walk.

Caveats lodged show that the development has logged five resale deals in 2026 thus far, at an average price of $2,424 psf. Excluding the June 25 transaction, the remaining units — sized between 1,076 and 2,411 sq ft — were transacted at prices ranging from $2,190 to $2,555 psf.

In terms of absolute price, the most expensive transaction at the development involved a 2,411 sq ft, four-bedroom unit that fetched $5.28 million ($2,190 psf) earlier this year on Jan 30.

Read also: One Marina Gardens notches new price high of $3,290 psf

Rounding out the top three psf-price highs for the week is The Waterside condo in Kallang. A 2,400 sq ft, four-bedroom unit on the 21st floor changed hands for $6.28 million ($2,616 psf) on June 24.

That is the first time a unit at the freehold condo has transacted above $2,600 psf. The development’s previous record price of $2,487 psf was established two months prior on April 30 when a four-bedder measuring 2,433 sq ft sold for $6.05 million.

The Waterside is a freehold development on Tanjong Rhu Road in District 15. Completed in 1993, the 502-unit condo comprises six 23-storey residential blocks. It is within a five-minute walk of Katong Park MRT Station and is connected via nearby park connectors to East Coast Park and Bay East Garden, part of Gardens by the Bay.

The Waterside commands one of the highest average resale prices among neighbouring developments. Based on caveats compiled by EdgeProp Singapore, the condo averaged $2,322 psf over the past 12 months, outperforming newer projects such as De Centurion on Tanjong Rhu Road and Fulcrum on Fort Road, which averaged $2,035 psf and $2,091 psf, respectively.

There were no new psf-price lows for the week.

Check out the latest listings for Elta properties

## Chinese translation

> Translation model: grok

### 发展商售盘推动Elta每平方英尺价格创2,907新元新高

该501单位项目的一套三房公寓于6月28日以269万新元成交，创下新价格基准。

金文泰99年地契项目Elta，在6月23日至30日当周录得新每平方英尺价格高点的私人非有地住宅发展中位列榜首。6月28日，一套926平方英尺三房单位以269万新元向发展商购入，刷新至每平方英尺2,907新元。

该成交略超Elta此前每平方英尺2,881新元的高点——后者来自2025年2月开盘时一套相近面积三房以267万新元售出。

该501单位项目位于第5邮区金文泰第一大道，由两栋39层住宅塔楼组成，提供一房至五房公寓，面积介于506至1,776平方英尺。另有36套1,313平方英尺的四房双钥匙单位。

搜索最新新盘资讯，了解成交价与可售单位

去年开盘周末，Elta以均价每平方英尺2,537新元录得65%认购率。根据截至7月7日呈报的买卖契约，项目仍有89个单位未售。Elta预计于2028年取得临时入伙准证。

当周第二高的每平方英尺价格新高来自The Shelford一套1,389平方英尺三房单位。该二楼单位于6月25日以376万新元易手，创下该永久地契公寓每平方英尺2,708新元的新纪录。

它超越The Shelford此前每平方英尺2,601新元的纪录——由2024年10月一套较小的1,184平方英尺三房以308万新元售出创下。

该215单位项目于2005年竣工，位于优质第11邮区武吉知马。户型从一房至四房，面积732至2,411平方英尺。附近零售与餐饮选择——包括Crown Centre、Serene Centre与Cluny Court——步行三至五分钟可达。

呈报的买卖契约显示，该项目2026年迄今录得五宗转售，均价每平方英尺2,424新元。若排除6月25日这笔交易，其余面积介于1,076至2,411平方英尺的单位，成交价介于每平方英尺2,190至2,555新元。

以绝对价格计，该项目最昂贵的一笔交易是今年1月30日一套2,411平方英尺四房以528万新元（每平方英尺2,190新元）成交。

另读：One Marina Gardens创每平方英尺3,290新元价格新高

当周每平方英尺价格高点前三名中，第三位是加冷的The Waterside公寓。一套2,400平方英尺、位于21楼的四房单位于6月24日以628万新元（每平方英尺2,616新元）易手。

这是该永久地契公寓首次有单位成交高于每平方英尺2,600新元。该项目此前纪录价为每平方英尺2,487新元，由两个月前的4月30日一套2,433平方英尺四房以605万新元售出创下。

The Waterside是第15邮区丹戎禺路的永久地契项目。1993年竣工，502个单位分布于六栋23层住宅楼。步行五分钟可达加东公园地铁站，并经附近公园连道连接东海岸公园与滨海湾花园的东湾花园。

在邻近项目中，The Waterside的转售均价位居高位。根据EdgeProp Singapore汇编的买卖契约，该公寓过去12个月均价为每平方英尺2,322新元，优于丹戎禺路较新的De Centurion与福康宁路上的Fulcrum——二者均价分别为每平方英尺2,035与2,091新元。

当周未录得新的每平方英尺价格低点。

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