OLA EC @ Anchorvale

[SethNg]

Watching Conjuring 2 on Channel 5...

Suddenly OLA ad in mandarin pop up...
Ohhhh OLA commercial back lo!

haha my dad asked about it as well, "eh OLA's still selling ah"

 

[Passerboy]

Watching Conjuring 2 on Channel 5...

Suddenly OLA ad in mandarin pop up...
Ohhhh OLA commercial back lo!

Haha what better way for the ad to show up than during a horror show. I believe that ad should have made Conjouring 2 turn into a fairy tale show of sorts with its melancholic tone.

 

[NiShiZhu]

Haha what better way for the ad to show up than during a horror show. I believe that ad should have made Conjouring 2 turn into a fairy tale show of sorts with its melancholic tone.

Ola’s current sale is another horror story altogether

 

[1993newbie]

OLA caveat, from launch till 14 June 2020.
176 out of 548 sold. 32.1%.
April > 8 units sold
May > 1 unit sold
June > 1 unit sold

Piermont Grand caveat:
530 out of 820 sold. 64.6%.
April > 3
May > 17
June > 4

Parc Canberra caveat:
361 out of 496 sold. 72.8%.
April > 4
May > 5
June > 7

Ola’s current sale is another horror story altogether

 

[1993newbie]

Ola launch in March 2020.
Parc Canberra launch in Feb 2020.
Piermont launch in July 2019.

OLA caveat, from launch till 14 June 2020.
176 out of 548 sold. 32.1%.
April > 8 units sold
May > 1 unit sold
June > 1 unit sold

Piermont Grand caveat:
530 out of 820 sold. 64.6%.
April > 3
May > 17
June > 4

Parc Canberra caveat:
361 out of 496 sold. 72.8%.
April > 4
May > 5
June > 7

 

[ThinkCarefully]

Ola launch in March 2020.
Parc Canberra launch in Feb 2020.
Piermont launch in July 2019.

####

Cannot comment about Piermont.
But if compare Canberra with OLA, the worse performer is obvious.

####

 

[Polar Bear King]

OLA caveat, from launch till 14 June 2020.
176 out of 548 sold. 32.1%.
April > 8 units sold
May > 1 unit sold
June > 1 unit sold

Piermont Grand caveat:
530 out of 820 sold. 64.6%.
April > 3
May > 17
June > 4

Parc Canberra caveat:
361 out of 496 sold. 72.8%.
April > 4
May > 5
June > 7

1/3 sales as expected

 

[jerichoo]

Blame it on the overly aggressive advertising.

Broke the basic marketing rule of consumer fatigue.

 

[ThinkCarefully]

Blame it on the overly aggressive advertising.

Broke the basic marketing rule of consumer fatigue.

####

In the good old days, projects sold out within weeks without advertising.

Today, advert like crazy also...

####

 

[Lostsoul13]

Ola’s current sale is another horror story altogether

This indeed a horror story... but im surprised its still clocking in at around 32% sold...

Started seeing the adverts on buses again while driving... guess more air time coming soon on TV and radio with sf reopening...

 

[plutozzZZ]

1. What are the factors for low sales of this project?
2. If this low sales continue eg. for a year or two, will it effect the construction progress as amt received from progressive payment not enough to pay off come construction works?

 

[iceraider]

U only see this proj aggressively advertising n using alot of celebs to market it but the response/take up rate dont corresponde to their marketing effort

Blame it on the overly aggressive advertising.

Broke the basic marketing rule of consumer fatigue.

 

[Lostsoul13]

U only see this proj aggressively advertising n using alot of celebs to market it but the response/take up rate dont corresponde to their marketing effort

Guess its the marketing style of the developer... they did it with Gem Residences as well isnt it? thou i dont remember it to be as annoying....

 

[jerichoo]

I'm quite sure it turned away many serious buyers.

If can **** up a simple thing such as marketing, shudder to think wat else.

 

[ThinkCarefully]

Watching Conjuring 2 on Channel 5...

Suddenly OLA ad in mandarin pop up...
Ohhhh OLA commercial back lo!

####

Watching annebel when
Chen Hanwei appeared marketing Dairy Farm Residence...
Remembered him marketing OLA during the run of conjuring 2 above

Same artists appearing to recommend many different projects during horror movie slots...


####

 

[1oriYagami]

Wow.. Seems like OLA sales are back on track.

6units sold in 10days after Phase 2 opens up..

 

[Hello@90]

Eventually someone’s going to look at the project right. Can’t be unsold forever hahas

Wow.. Seems like OLA sales are back on track.

6units sold in 10days after Phase 2 opens up..

 

[momoeagle]

Wow.. Seems like OLA sales are back on track.

6units sold in 10days after Phase 2 opens up..

Was tracking it. Amazing.

So many sinkies willing to pay ~$1.2k psf for an EC to stay near a hospital.
And if they have resale levy, it is even higher.

I'm quite impressed actually, although 2 of the units are pretty small, and 3 of them are almost a 4-rm flat size. I would guess that these 5 buyers are probably first timers, who are not hit by resale levy, and have a grant.

 

[Beta_Tester]

Im actually looking at it and Parc Canberra.

 

[1oriYagami]

Was tracking it. Amazing.

So many sinkies willing to pay ~$1.2k psf for an EC to stay near a hospital.
And if they have resale levy, it is even higher.

I'm quite impressed actually, although 2 of the units are pretty small, and 3 of them are almost a 4-rm flat size. I would guess that these 5 buyers are probably first timers, who are not hit by resale levy, and have a grant.

If non pool view, 3rm psf<$1.1k psf, and the size are honestly reasonable, as compared to Resale Condo ard Compassone which are already $1.3k psf at @ 5yrs og age. Worse still, cant even fit in a queen size bed for non -mbr.

Hospital wise imo is a double edge sword, personally had an incident with aging parents requiring emergency warding,and I'm thankful to it.
As long as dont take the blocks directly opposite the Community Hospital, I think its acceptable.. just my 2c woth

Im actually looking at it and Parc Canberra.

Me too, and also resale condo around Compassone.. but more keen towards OLA