OLA EC @ Anchorvale

[birmingham123]

60% at this price and location? Maybe.. if there are more ____ sinkies.

And you got the developer wrong.

Rich sinkies ? Their choice anyway.

I will agree there are better choices out there. Private launch condo in the range of 1200psf

 

[Advancer]

60% at this price and location? Maybe.. if there are more ____ sinkies.

And you got the developer wrong.

Sorry, developer is Evia and Gamuda.

 

[SethNg]

Rich sinkies ? Their choice anyway.

I will agree there are better choices out there. Private launch condo in the range of 1200psf

MSR 30% even if income 16k can only loan max 1.06m, those who bought 5bedroom PH, 1m+ cash/cpf

So yeah Rich’s the right word

 

[SethNg]

Thanks. This is more than expected. Quite good sales.

The advertisements worked

Currently 166 sold (30.29%)

 

[drkcynic]

And I heard they are going to increase price by $20k for next day 22 March pricing. Anyone know what time is sales closing for today?

Isn't this the usual trick? I heard of this at SKG also.

Didn't materialised.

 

[drkcynic]

OLA will definitely help Piermont Grand/Parc Canberra to sell. The high psf already does not make much sense for that EC cluster.

This kinda psf how to make money ah? If Ola can sell 1200/1300psf in future the rest of the ECs there and the rest of SG will dua huat.

 

[holasingapura]

MSR 30% even if income 16k can only loan max 1.06m, those who bought 5bedroom PH, 1m+ cash/cpf

So yeah Rich’s the right word

Rich but own only 1 property for the next 8 years? Really rich? Or not so smart rich?

 

[aiyahwhatever]

The advertisements worked

Currently 166 sold (30.29%)

Well my dad thinks “Ola” is a nice name. I nearly rolled my eyes and shall try to respect “to each his own”. This is Singapore, not Spain... don’t need to try so hard...

Such advertisements actually put me off, I’m probably not the only one...

 

[dijian]

Well my dad thinks “Ola” is a nice name. I nearly rolled my eyes and shall try to respect “to each his own”. This is Singapore, not Spain... don’t need to try so hard...

Such advertisements actually put me off, I’m probably not the only one...

you are not the only. im turned off by the artist partnership, spanish design, “free” class

 

[JiangWei]

The advertisements worked

Currently 166 sold (30.29%)

Units will not move fast after today since price increase tmr. Ppl who want ola will buy today

 

[SethNg]

Well my dad thinks “Ola” is a nice name. I nearly rolled my eyes and shall try to respect “to each his own”. This is Singapore, not Spain... don’t need to try so hard...

Such advertisements actually put me off, I’m probably not the only one...

I actually think it’s quite cool for a development to have an identity, but would like it better if they skipped all those and offered the units at a lower price

 

[momoeagle]

Well my dad thinks “Ola” is a nice name. I nearly rolled my eyes and shall try to respect “to each his own”. This is Singapore, not Spain... don’t need to try so hard...

Such advertisements actually put me off, I’m probably not the only one...

I already mentioned this earlier.
Seems I'm not the only one.

 

[Passerboy]

Well my dad thinks “Ola” is a nice name. I nearly rolled my eyes and shall try to respect “to each his own”. This is Singapore, not Spain... don’t need to try so hard...

Such advertisements actually put me off, I’m probably not the only one...

There is another development also called OLA n east coast area!

 

[momoeagle]

The advertisements worked

Currently 166 sold (30.29%)

Not bad.

I can imagine the headlines next

The Ola recorded robust sales despite looming recession

Then some property firm CEO will come out and say about the good sales and how good the buy is.

Finally, the developer spokesperson will say something about being happy with the sale figures.

Then everyone celebrates.

Huat ah!

 

[momoeagle]

Isn't this the usual trick? I heard of this at SKG also.

Didn't materialised.

They have to raise a bit. To build urgency in buying by inducing some amount of FOMO.

Else no one will believe them any more.

 

[momoeagle]

Till date:

Parc Canberra -345 units sold
Piermont Grand- 498 units sold

Piermont Grand is a more direct benefit from OLA in the sense that it is both in D19 but Parc Canberra’s value proposition is in its proximity to Canberra MRT and the upcoming Canberra makeover.

OLA launch timing possibly dictates it’s less than stellar sales.

Not bad for PG. 123 more units sold over 7 months.

Left with 322 units. At this rate, should finish selling within 2 years.

 

[Clazav]

This price hike strategy is a double edge sword. It urges ppl to buy ASAP, but it also makes people unsatisfied if they were to buy after the hike. If the price really increase, ppl will not wanna buy in short term.

Half of those who bought today are rushing to avoid the "price hike".

 

[birmingham123]

Units will not move fast after today since price increase tmr. Ppl who want ola will buy today

U are right. 300 plus units to sell over 3years should be a breeze for developer already. They relax 1 corner and sell 1 unit every week and 2years later means another 100units sold. If economy recover by then, the remaining units can increase price and sell.

But honestly, wonder y today can sell 30%. Is it really around 1000psf or 1200psf ?

 

[birmingham123]

Rich but own only 1 property for the next 8 years? Really rich? Or not so smart rich?

So buy condo better ?

Cause buy HDB also 1 property for next 8 years

 

[holasingapura]

So buy condo better ?

Cause buy HDB also 1 property for next 8 years

If OLA sengkang EC is going for $1,200psf, obviously its a better choice to buy PC, resale or other new launches. There are so many cheap resales in SK/PG, more than half are below $1,200psf, who in the right mind will buy OLA?