OLA EXECUTIVE CONDOMINIUM
Ola EC is a New and Upcoming Executive Condo (EC) located in the North-East Region of Singapore in the estate of Sengkang, with a land site area of 184,462 square feet, bounded by Anchorvale Crescent. It is a short walk to upcoming Cheng Lim LRT Station.
According to the floor plan layout, each apartment will have comfortable spaces allocated to family rooms and dining area. The living room is the focal point and uniquely dedicated to entertaining your guests. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. At the kitchen, developers plan on equipping and mounting beautiful, durable cabinets on the wall as well as spice shelves. Attractive countertops will be fitted along and around the sink while the developers provide more segments below the surface. On top of that, you will have an island to make and share meals with family.
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| Project | Ola EC |
| Developer | Evia Real Estate Pte Ltd and Gamuda (Singapore) Pte Ltd |
| Location | Anchorvale Crescent/ Sengkang |
| District | 19 |
| Tenure | 99 years lease from |
| Site Area | 17,137 square metres/ 184,462 square feet |
| GFA: | 51,411 square metres/ 553,388 square feet |
| Plot Ratio | 3.0 |
| Expected TOP: | |
| Total Units | Approximately 500 residential apartments |
| Total Carpark | TBA |
| Development | Executive Condominium comprising communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC/SC, SC/ SPR can buy |
Ola EC- Connectivity
Ola EC residents has good connectivity to the the Cheng Lim LRT Station, which is 100 metres away, will provide its future residents with transit services seamlessly linked to the Sengkang North East Line Station and Bus Interchange at Sengkang Town Centre. This integrated public transport system provides Ola EC’s future residents fast and convenient travel to Downtown Singapore and to the rest of the island. The nearby Tampines Expressway TPE offers Ola EC’s residents a conduit of convenience to driving to parts of Singapore. It also make possible for Ola EC’s residents to drive to downtown Central Business District CBD, City Centre and Orchard Road shopping belt in approximately 18 minutes.
Ola EC- Education
There are numerous established educational institutions within short radius and they include, Compassvale Primary School, Springdale Primary School, Nan Chiau Primary School, Punggol Green Primary School, Anchor Green Primary School, Seng Kang Primary School, Rivervale Primary School, North Spring Primary School, Palm View Primary School, North Vista Primary School, Mee Toh School, Edgefield Primary School, Punggol View Primary School, Compassvale Secondary School, Nan Chiau High School, Edgefield Secondary School, CHIJ Saint Joseph’s Convent, Seng Kang Secondary School, Punggol Secondary School and Greendale Secondary School.
Ola EC- Amenities
Compass Point, located at the Sengkang Town Centre, provides Ola EC’s residents of getting their dining, shopping and entertainment needs. Alternatively, there is also options of the nearby Rivervale Mall, Rivervale Plaza and Fernvale Point. When it comes to cheap and yummy local food, There is also Kopitiam Square which is located just next to Compass Point. It is the 1st modern market and food centre located in Sengkang. This 24 hours wet market cum food centre offers economical and delicious local delights and fresh market products to Sengkang residents.
Besides all these amenities, this land parcel is near to several recreational chioces. Ola EC is near to Sengkang Sculpture Park and Sengkang Riverside Park which offering pockets of greenery, promenade, cycling track water sports and various outdoor activities for Ola EC’s future residents enjoyment. Future residents can also experience tranquility in the parks. The Sengkang Sports & Recreation Centre, that is next to Sungei Punggol, host many sporting facilities which Ola EC’s residents can make use of. There is also a community centre right in Sengkang Sports & Recreation Centre which organized many lifestyle and recreation activities and events which Ola EC’s residents can participate in.
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| Ola EC Unit Mix Distribution | |||
|---|---|---|---|
| Unit Type | Type | Area (Square Feet) | Total No. of Units |
| 1 Bedroom | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| 5 Bedroom | TBA | TBA | TBA |
| Penthouse | TBA | TBA | TBA |
| Ola EC Facilities | |||
| Ola EC Price List | |||
|---|---|---|---|
| Unit Type | Area (Square Feet) | Pricing | PSF |
| 1 Bedroom | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| 5 Bedroom | TBA | TBA | TBA |
| Penthouse | TBA | TBA | TBA |
LOCATION and AMENITIES- OLA EC
Amenities Near Ola EC
| Category | Important Amenities Near Ola EC | Approximate Distance |
| Train Stations | Cheng Lim LRT (SW1) Sengkang (NE16) |
0.1km 0.6km |
| Bus Stop | Blk 261 (Bus: 43, 83, 109, 119) Opp Blk 261 (Bus: 43, 83, 109, 119) |
0.2km 0.2km |
| Supermarkets | Prime (Compassvale 263) Cold Storage (Compass Point) Fairprice (Rivervale Mall) Giant (266 Compass Bow) |
0.3km 0.5km 1.3km 1.7km |
| Shopping Malls | Compass Point Rivervale Mall Rivervale Plaza Fernvale Point |
0.5km 1.3km 1.5km 2.0km |
| Education Institutions | Preschool | |
| PCF Punggol Central Blk 262A PCF Punggol Central Blk 292B Sengkang Methodist Children Centre Mahad Al-Nasry @ Sengkang Kindergarten St. Anne’s Church Kindergarten PCF Punggol Central Blk 231-232 PCF Punggol Central Blk 206A-206D PCF Punggol North Blk 105D PCF Punggol East Blk 124A-124 PCF Punggol West Blk 303A |
0.2km 0.5km 1.0km 1.0km 1.0km 1.1km 1.1km 1.3km 1.3km 1.5km |
|
| Primary | ||
| Compassvale Primary School Springdale Primary School Nan Chiau Primary School Punggol Green Primary School Anchor Green Primary School Seng Kang Primary School Rivervale Primary School North Spring Primary School Palm View Primary School North Vista Primary School Mee Toh School Edgefield Primary School Punggol View Primary School |
0.5km 0.5km 0.6km 0.8km 1.0km 1.0km 1.2km 1.4km 1.4km 1.5km 1.6km 1.6km 1.6km |
|
| Secondary | ||
| Compassvale Secondary School Nan Chiau High School Edgefield Secondary School CHIJ Saint Joseph’s Convent Seng Kang Secondary School Punggol Secondary School Greendale Secondary School |
0.7km 0.9km 1.1km 1.1km 1.2km 1.8km 2.0km |
|
| Junior College | ||
| Serangoon Junior College | 3.6km | |
| Tertiary | ||
| Nanyang Polytechnic (NYP) | 5.4km | |
| International | ||
| Chatsworth Kindergarten | 3.0km | |
| Food Centre | Kopitiam Square Punggol Food Centre (U/C) |
0.5km 1.5km |
| Lifestyle | Sengkang Sculpture Park Sengkang Riverside Park Sengkang Sports and Recreation Centre |
0.4km 0.7km 0.8km |
FACILITIES AND SITE PLAN- OLA EC
The Facilities and Site plan of Ola EC, Sengkang are currently seeking approval from relevant authorities.
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RESIDENTIAL FLOOR PLANS- OLA EC
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- Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
- Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
- Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
- Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.
HIGHER DEMAND FOR ECs WITH ITS HIGH PROFIT MARGIN AND LOW ENTRY PRICE
Owners of Executive Condominiums (EC) stand a huge capital potential appreciation in due of the low entry price to purchase a unit compared to private condominiums.
After a period of 10 years, the EC will be privatised, changing its status to be on level to a private condominium. Foreigners will be able to purchase the unit then. Owners typically enjoy a capital gain after their EC is privatised.
The above table shows a significant increase in capital appreciation for EC owners.
Purchasing an EC is extremely promising as we may look into such capital appreciation after it becomes privatised over time.
As the entry price for an Executive Condominium (EC) is much lower than a private condominium, demand for ECs has been on the rise. New EC units are generally 15-30% cheaper than private condominiums. In addition, first timer are entitled to receive a CPF Housing Grant of up to S$30,000. These make EC an extreme worthwhile asset to purchase.
Physical features are similar when comparing between a new executive condominium with a private condominium. This include facilities such as gym, clubhouse, security guard, tennis court, swimming pool and many more.
Residents will look into a long term investment with high profit margin.
When doing a comparison between an executive condominium and private condominium, we know that both EC and private condominiums offer the same features such as swimming pool, gym, tennis court and many more,
SHOWFLAT LOCATION- OLA EC
If you wish to visit Ola EC Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
No Agent Fees! Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Ola Executive Condominium.
Get in touch with Ola Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Ola units today!
Ola Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Ola their dream home.
Do register early to book Ola Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Ola Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Ola EC
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Ola EC. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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