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What is Elta land sale?

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The Elta land sale refers to a site acquired through the Government Land Sales (GLS) program in Singapore. Here are the key details:
- Location: The site is located at Clementi Avenue 1.
- Tenure: The land is on a 99-year leasehold.
- Development: The site is zoned for residential use and will be developed into a condominium.
- Expected Launch: The project, named Elta, is expected to launch in the first or second quarter of 2025.
- Facilities: The development will feature full-fledged facilities such as a lap pool, gymnasium, tennis court, yoga corner, and walking tracks.
- Units: The project will comprise 501 residential units.
This development is part of the ongoing efforts to meet the demand for housing in Singapore, particularly in the Clementi area, which is known for its amenities and accessibility.
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