For me I currently stay very very near to the site of Ola and it checks all the boxes for me:
- near in law's who just moved to fernvale (they look after my kid)
- near hospital - I see it as a pro more than a con. You actually dont hear sirens that much, in fact I'd say it's quite rare.
- nearby a new hawker centre that's being built at anchorvale village
- can dispose current BTO 6 months after TOP, save on rental and having to time and nego the move with both buyer and seller if buying resale condo
- I actually like living in this area very much!
- may be my last chance to buy a "discounted condo"
All the other ECs surrounding Ola will hit MOP by the time Ola TOP in 2023 - I wonder if that timing was on purpose, and would it help with resale value of Ola it being the newest on the lot. Buyers may be more attracted to new? And when it hits 10 years, the surrounding ECs will be "oldish" at 15 years. Even Rivercove (900psf) is gonna TOP this year.
I wonder then would buyers compare Ola to Parc Botannia (~1300psf, TOP 2020) given the age of these 2 developments..
The two empty plots nearby have been zoned for schools as well. Maybe Ola will be able to ride on that for capital appreciation too?