Last Updated: 13-08-2022
Latest Unit Sold: #01-07 and 11-25 Sold! | See the Balance Units Chart (Updated)
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|Project Details Summary|
|Project Name||Ola Condo|
|Developer||Evia Real Estate and Gamuda Land|
|SIte||17,137 sqm (Approx. 184,461.1 sqft)|
|Number of Units||548|
|Unit Type||2 Bedroom (775 sqft)|
|3 Bedroom (926 – 1055 sqft)|
|4 Bedroom (1389 sqft)|
|5 Bedroom (1722 sqft)|
|No of Carparks||548 lots|
|Expected Date of TOP||14-Dec-23|
|Payment Scheme||Normal Payment Scheme / Deferred Payment Scheme|
developers in Malaysia with various township and gold clubs development under their track record. In fact, they are especially good at understanding customer’s needs and adapt to the market trend in terms of features and design.
This is the second time they are working together to develop a condominium after the successful sell-out of Gem Residences, the duo will certainly bring the business relationship even closer with OLÁ Executive Condominium. Cumulatively, the real estate builders have built numerous award-winning projects in Singapore include The Crest, Gem Residences, Starlight Suites, Heron Bay and many more.
Being an executive condo, OLÁ EC Pricing will definitely be more attractive and affordable as compared to private condominium in the vicinity.
OLÁ EC is located in District 19, Sengkang with young and vibrant demographics. Located at Anchorvale Crescent, OLÁ EC is within short walking distance to Cheng Lim LRT station and it is also a mere
600 meters from SengKang MRT, which is an integrated transport hub. Besides eateries, the condominium also features easy access to Seletar Mall, Compass One Shopping Mall and the upcoming Sengkang Grand Mall.
Sengkang EC in the northeast corner of Singapore generally attract a younger generation who are either working nearby or in the city center. Several indoor and outdoor lifestyle options are available for residents, such as the Sengkang swimming complex, Sengkang Community Centre, Coney Island and many more. With no exceptions, OLÁ Executive Condominium is expected to stand out from its counterparts with the unique lifestyle proposition offered.
On top of that, there are large scale HDB flat construction in the progress, making a good exit option for homeowners who are looking forward to capital appreciation in the property, where HDB dweller will normally upgrade to a Ola Home in the area when the minimum occupation period (MOP) is fulfilled. There’s no other time in owning an executive condominium than now!
For more information about the amenities around this exciting branded lifestyle EC, feel free to check out OLÁ EC Location Map.
disclose the show flat details yet, as there is sensitive information involved. Meanwhile, we are confident that you will be blown away by what we are about to show you. Do you feel the excitement?
However, OLÁ EC is only open to eligible buyers. To find out if you are eligible, Book an appointment here and get an opportunity to buy at Direct Developer Discounted Price without having to pay any agent commission.
OLÁ EC will have a fine selection of three- to five-bedroom units that is especially ideal for family enjoyments. Register here and gain priority access to visit our showflat and experience the finest detail and exquisite residences that define OLÁ lifestyle.
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land through the government land sales programme for $318.90 million. The winning bid price translated to a breakeven price of $954 per square foot per plot ratio (ppr). The EC Site can be developed into maximum of 550 residential units.
With only one executive condominium launched in 2019 and the low EC supply is here to stay moving forward, OLÁ EC is set to draw interested crowd during launch with its branded lifestyle theme which is extremely rare for executive condominium.
You can download the new Anchorvale Crescent Condominium Price list now! Register with us today to get the latest price, update, news and information regarding the development!
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OLÁ Executive Condominium is strategically design to have the development with North-South facing. Therefore, most units will be sitting on the general direction of wind flow and away from direct morning or afternoon sun.
With the “family-spirit” theme, the facilities are build in the centre of the development so that all residents will come together in the common area to bond while enjoying using the wide range of facilities.
OLÁ Executive condominium is Evia Real Estate and Gamuda Land’s latest residential development project. The developer outbidded Qingjian Realty and 5 other developers in an intense competition and acquired the residential
creativity to the owners on how they want to design or place their furnitures to their likings.
Particularly for the 3-Bedroom types, there are different layouts. Namely the store room is either at the back where the yard is or at the front beside the dining area. This gives owner the choice of how they want to utilise that space of their own needs.
For more details of the layout design, check out the Floor Plans.
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Upcoming brand-new Executive Condominium – OLÁ EC will be launching soon at Anchorvale Crescent, Sengkang in District 19. Sengkang town has a young and vibrant demographic of working professionals with a young family nucleus.
Last year, the one and only EC launched in District 19 – Piermont Grand at Punggol, by CDL, had drawn a large crowd and interest from HDB upgraders. Buyers who have missed the chances to get an EC in District 19, due to ineligibility, exceeded household income ceiling capped of $14K, now is a good chance for them to consider OLÁ EC. Those looking to buy an Executive Condominium will benefit from a higher income cap, up from $14,000 to $16,000.
As Minister Khaw Boon Wan mentioned, buying Executive Condominium is like buying Jaguar branded luxury car at Toyota’s economy car price. In the case of Executive Condominiums, buyers get the same quality as a private condominium despite paying a lower price premium. Executive Condominium prices are usually priced 20-30% cheaper than private condominiums due to the government land being sold to developers at subsidized prices. The purpose of building Executive Condominiums to offer a unique class of property that allows these more affluent and eligible buyers to upgrade to a condominium lifestyle at an affordable price.
Evia Real Estate and Gamuda Land have successfully bidded for the residential land parcel at the price of S$318,888,899. The winning bid works out to a land cost of about S$576 per square foot (PSF) per plot ratio, and break-even cost at about S$1,050 psf. This means OLÁ EC at Sengkang could be priced at above S$1,050 psf, which translates to a huge discount to home seekers when compared to recent condominium launches at Buangkok which is selling at an average price of S$1,746 psf. The pricing is also aligned with the Executive Condominium scheme which is designed to cater for the aspiring class of Singaporeans, as a HDB-Private Hybrid.
OLÁ EC at Sengkang is located along Anchorvale Crescent, future residents will be able to enjoy the conveniences by just taking a short 3 mins to walk to Cheng Lim LRT station. Within close proximity to Cheng Lim LRT and one-stop from Sengkang MRT station, residents of OLÁ EC enjoy the ultimate connectivity of North-East Line with easy access to future Punggol Coast MRT and also islandwide via 4 different interchanges namely future Hougang Cross Island Line Interchange, Serangoon Circle Line Interchange, Little India Downtown Line Interchange, Dhoby Ghaut North-South Line Interchange and Chinatown MRT linking to Outram Station on East-West Line.
OLÁ EC is about 600m from Sengkang MRT station and the Compass One mall, where homeowners can shop, dine as well as entertain themselves in a variety of options. In time to come, the condominium will also be benefited from the upcoming Cross Island Line (CRL) transport network, which connects to various parts of the island including Changi, Tampines, Ang Mo Kio, Jurong Lake District and many more.
Notably, OLÁ Executive Condo is located within 1km from the famous Nan Chiau Primary School. OLÁ EC is also close to many primary & secondary schools in D19 including Springdale Primary School, Compassvale Primary School, Punggol Green Primary School, and the upcoming Singapore Institute of Technology (SIT) campus in Punggol Digital District. Healthcare is also easily accessible at one of the newest hospitals, Sengkang Hospital and Medical Centre with a 24-hour food court and other eateries within the compound.
OLÁ EC is also easily accessible to Tampines Expressway, CTE and KPE. Less than 20 mins drive to town.
Residents of OLÁ EC are spoilt for choices between various shopping malls in the vicinity, such as Seletar Mall, CompassOne, Waterway Point in Punggol and the upcoming Sengkang Grand Mall in Buangkok. There are many sports and natural amenities in the neighborhood as well, including one of the best swimming complexes in Singapore. Ample parks and sports facilities located nearby ensure an avenue for the whole family to enjoy and bond together.
Moving forward, OLÁ Executive Condominium will also provide housing supply to support the increased workforce population at the future development nearby, such as Punggol Digital District, Sengkang General Hospital and many more. As a result, the new EC is a well balanced proposition in terms of lifestyle upgrades and future capital appreciation.
The new development site area of OLÁ EC is approximately 184,465 sqft with a plot ratio of 3.0 comprising of approximately 548 units with bedroom types ranging from 3 Bedroom to 5 Bedroom units. Ideally designed for the affluent first-timers and HDB upgraders with different family nucleus and aspirations
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There are also many famous schools around the area including Nan Hau Primary School and Pei Tong School.
As time approaches our official launch, OLA EC is now the hottest talk in town.
Public interest for OLA EC has been very positive. As such, we encouraged you to register with us for an advanced appointment to gain priority access to OLA EC VVIP preview. Buyers who registered with us will get to enjoy Early Bird Discount price and special offer on Booking day.
For any other enquiries and the latest information about OLA EC and showflat, kindly register with us or contact our show flat hotline (+65) 6100-6710 now and get in touch with our OLA Executive Condominium Developer Appointed Sales Team Today!
OLA EC is a short distance from Seng Kang MRT. It is located around 700m distance from the latest executive condominium. That is just 10 minutes away on foot, alternatively you can also take a 3 minutes drive from Seng Kang MRT.
OLA EC offers Progressive Payment Plan as well as Deferred Payment Scheme. For more informations, please contact us to find out about the payment schedule details.
At the same time, you are also encouraged to find out about how much housing loan you are entitled using our free Affordability Calculator.
OLA EC offers wide array of amenities to the residents. There are notable amenities in this condominium including swimming pool, gym, BBQ pit, squash court, pool, advanced security and car parking etc.
OLA Executive Condominium features exquisite finishing and appliances that is a balance for the entry price. The developer is expected to handover the units within the first to second quarter of 2023.