OLA EC @ Anchorvale

[birmingham123]

Add in resale levy.

For smaller units, could be around $50 psf in resale levy.

This brings the difference even closer.

Actually, the best buy is 100palms drop out units now but need to ballot. If only I can give a try. Envy envy

 

[NiShiZhu]

https://www.channelnewsasia.com/news/business/executive-condominium-ola-sengkang-prices-12555922

 

[holasingapura]

https://www.channelnewsasia.com/news/business/executive-condominium-ola-sengkang-prices-12555922

$2m EC. Hohohoho.

Developer think they can con buyers with their widespread marketing on radio, tv and public transport. Maybe yes?

Kind advice to those interest in this project would be to boycott this unscrupulous developer this weekend. Logical sales figure should be 10%.

 

[captain huat]

$2m EC. Hohohoho.

Developer think they can con buyers with their widespread marketing on radio, tv and public transport. Maybe yes?

Kind advice to those interest in this project would be to boycott this unscrupulous developer this weekend. Logical sales figure should be 10%.

Unscrupulous?

U want to pass such a strong judgement, pls clarify it with facts.

Dun just be a hot air balloon.

Oh wait. U are a cold air balloon. Lolx.

 

[YHLiang]

I wonder if price for 21/3 is not acceptable, then rise in 22/3 how? Will many rush this sat before price up on sun. Hmm

 

[ryuxdragonx]

$2m EC. Hohohoho.

Developer think they can con buyers with their widespread marketing on radio, tv and public transport. Maybe yes?

Kind advice to those interest in this project would be to boycott this unscrupulous developer this weekend. Logical sales figure should be 10%.

Unscrupulous? I'm sorry I think it's overpriced but they are not doing anything illegal lol.

Everyone wants to buy and sell higher after MOP, so entry cost becomes higher and higher every time. Don't agree with the price then just don't buy. Unless they promise you all the carpentry but end up give u a bare unit, then that is called unscrupulous.

The 2nd highest bid for this project is just 2 cents lower psf. It's not just one single developer that bid high.

Food for thought: What if the pricing for ECs are controlled according to land valuation, and it's up to the developers to bid as high as they can (the higher the bid the smaller the profit margin).

 

[ryuxdragonx]

I wonder if price for 21/3 is not acceptable, then rise in 22/3 how? Will many rush this sat before price up on sun. Hmm

It's a marketing gimmick to make people feel like they have to sign on the spot. Take it as an early bird discount. All launches have it.

 

[ryuxdragonx]

https://www.channelnewsasia.com/news/business/executive-condominium-ola-sengkang-prices-12555922

"Nearly half of the units are priced lower than or equal to existing executive condominium stocks on a psf basis, OLA developer Anchorvale said."

Because almost every other ECs don't have stacks facing the hospital

 

[holasingapura]

"Nearly half of the units are priced lower than or equal to existing executive condominium stocks on a psf basis, OLA developer Anchorvale said."

Because almost every other ECs don't have stacks facing the hospital

The other half more expensive, that’s what they are saying.

Land bid price was similar to the rest. They drove up the cost themselves by wasting money on marketing and “$500k chandelier”.

 

[Hyruga]

Got Julie Tan and Lee Nan Xing. Of course will sell.

 

[Path-Finder]

Yes i believe so, there r probably a group of ppl who dropped PG earlier on thinking Ola might be cheaper due to the poorer location n resale competition posed by Vales and Treasure Crest. PG will surely be one of the beneficiary of such absurd pricing by Ola

Haha not sure some of them will go back to buy PG instead. 12xxpsf for Sengkang EC under such climate. one word, “Siao!!”

 

[Emolisher]

Yes i believe so, there r probably a group of ppl who dropped PG earlier on thinking Ola might be cheaper due to the poorer location n resale competition posed by Vales and Treasure Crest. PG will surely be one of the beneficiary of such absurd pricing by Ola

This is the same tactic used by developers in Hong Kong, which new release are always more expensive than the previous one, and interested buyer have to fall back to the previous one.

 

[A11Glory2H1M]

My agent has been telling me really attractive pricing. I fail to see it no matter how I look.

Of course the price is so attractive to put me away. I haven’t visited the SF yet and after looking at the price list I will give this a miss. Adding 50 psf for my resale levy, I will be paying close to $1200 psf where I can get a PC down the road with the oversupply in the market. Good luck to the rest who is happy to buy. You must all rejoice as I m giving my less than 300th place. I m out of this gamble. With the recession round the corner, be wise. Pls buy only if u can really afford to be jobless at least 1- 2 years.

 

[momoeagle]

Of course the price is so attractive to put me away. I haven’t visited the SF yet and after looking at the price list I will give this a miss. Adding 50 psf for my resale levy, I will be paying close to $1200 psf where I can get a PC down the road with the oversupply in the market. Good luck to the rest who is happy to buy. You must all rejoice as I m giving my less than 300th place. I m out of this gamble. With the recession round the corner, be wise. Pls buy only if u can really afford to be jobless at least 1- 2 years.

Like I said earlier, along with resale levy, new ECs are no longer for the sandwiched class.

 

[momoeagle]

The other half more expensive, that’s what they are saying.

Land bid price was similar to the rest. They drove up the cost themselves by wasting money on marketing and “$500k chandelier”.

$500k chandelier adds only $1 per unit.

It's the TV ads that kills. Non prime time already costs about $200k I think to be played a few times. I think roughly 5m splashed on TV. Or average $10k per unit.

100 hours free training, minimally charged at $30 per hour, would be $3k per unit.

These are the "freebies" thrown in "at the cost of the developer".

 

[bigherosg]

Yes i believe so, there r probably a group of ppl who dropped PG earlier on thinking Ola might be cheaper due to the poorer location n resale competition posed by Vales and Treasure Crest. PG will surely be one of the beneficiary of such absurd pricing by Ola

Price high to help the rest sell finish. After then reduce price.

 

[1993newbie]

https://www.todayonline.com/singapo...-hoping-lower-prices-during-economic-slowdown

 

[NiShiZhu]

https://www.todayonline.com/singapo...-hoping-lower-prices-during-economic-slowdown

Funny as it seems, those got interviewed seems to think the price is ok.
It was mentioned in article more than half of the units are priced equal or cheaper than other existing ECs.
How can it be when some forumers indicating the price for 3 bedder is ard 1200psf?
I don’t recall other existing ECs are hitting 1200psf.

 

[Guorong]

Of course the price is so attractive to put me away. I haven’t visited the SF yet and after looking at the price list I will give this a miss. Adding 50 psf for my resale levy, I will be paying close to $1200 psf where I can get a PC down the road with the oversupply in the market. Good luck to the rest who is happy to buy. You must all rejoice as I m giving my less than 300th place. I m out of this gamble. With the recession round the corner, be wise. Pls buy only if u can really afford to be jobless at least 1- 2 years.

Can share what is this resale levy of 50 psf?

 

[sgpropertyblog]

Yes i believe so, there r probably a group of ppl who dropped PG earlier on thinking Ola might be cheaper due to the poorer location n resale competition posed by Vales and Treasure Crest. PG will surely be one of the beneficiary of such absurd pricing by Ola

Truly agree, in fact , the last few weeks ever since Ola launched, PG sales has moved quite a bit.. yst itself we sold 2 units..