OLA Executive Condo (EC)
Inspired By Spanish Art & Culture!
Developed by Evia Real Estate & Gamuda. Launching 15 Feb 2020.
The OLA EC site at Anchorvale Crescent was offered for sale by the Housing Development Board in the Government Land Sales Programme in 2018. Evia Real Estate and Gamuda emerged as the top bidders for the plot of land. Evia Real Estate has previously received the Asia Pacific Property Awards for Residential High Rise Architecture and Residential High Rise Development for 2017/18 for one of its condo projects. e-Applications for OLA EC are now open for interested buyers.
Did You Know?
An Executive Condo is indistinguishable from a private condo.
But it can be up to 30% lower!
See section on Benefits of buying an EC below.
OLA EC Factsheet
|Project Name||The Ola EC (executive condo)|
|Address of Development||Anchorvale Crescent|
|Project Developer||Anchorvale Pte. Ltd. (Evia & Gamuda).
7000 Ang Mo Kio Ave 5 #04-01
|Developer Sales Hotline||+65 9009 1172|
|Site Area||184,394 sqft (see OLA EC site plan)|
|Gross Floor Area||553,182 sqft|
|No of Blocks||9|
|No of Floors||16|
|No of Units||548 Units (see OLA EC floor plans)|
|Unit Types||1 to 5 bedroom Units
(See Unit Distribution Chart)
|Tenure||99 Years Leasehold|
|TOP||14 Dec 2023|
OLA EC Unit Mix
|Unit Type||Size (sqft)||No. of Units|
|3 Bedroom (2 sizes)||926 & 947||196|
|3 Bedroom + 1 Deluxe||1001||15|
|3 Bedroom + 1 Premium||1005||211|
|5 Bedroom Penthouse||1722||9|
|15 Feb 2020||OLA EC officially launches! In view of the Corona virus outbreak, viewing is by appointment only. Call our hotline 90091172 for more info and preview invitation.|
|12 Feb 2020||Indicative prices released: $1080 to $1150 psf for all unit types (subject to change). The last EC sold in Sengkang, Rivercove Residences, was 70% sold out on launch day. There is a lot of pent up demand for ECs in Singapore. For example, Parc Canberra EC (near Sembawang), will open for booking on 15 Feb and the interest has been strong - about 1,350 e-apps have been collected for a project with 496 units!|
|10 Feb 2020||Register your interest to preview OLA EC now! Preview starts 15 Feb 2020 to 1 Mar 2020. Booking date will be on 21 Mar 2020. Get direct developer prices & limited-time early-bird discounts.|
|9 Feb 2020||Artist's perspectives released. Click to view OLA EC illustrations.|
|8 Feb 2020||Announcement: Showflat will open on 15 Feb 2020 and buyers can submit e-Applications.|
|11 Sep 2019||EC Income Ceiling raised to $16,000, effective immediately.|
|14 Sep 2019||Evia Real Estate and Gamuda successfully secure the coveted EC site at Anchorvale Crescent.|
Benefits of Buying an EC
Singaporeans in the “sandwich” class with a household income of around $12,000 to $16,000 do not qualify to buy HDB flats. At the same time, a private condo may be out of their means (generally in the range of S$900,000 to S$1.3 million or more).
OLA EC Location & Amenities
Amenities Around OLA EC
The Ola EC is a new executive condominium development located in District 19 in the East of Singapore. Besides Parc Canberra EC which opened in early 2020, The OLA EC will also be well connected to the MRT rail system - it is 2 mins walk to Cheng Lim LRT Station, which is only 1 station from Sengkang MRT station.
The Sengkang / Punggol are is very well developed and residents will have quick and easy access to all the amenities that they will need, including malls, supermarts, eateries / F&B outlets, healthcare, schools and more.
MRT & Bus Interchange:
Sengkang MRT Station (1 station from LRT)
Cheng Lim LRT Station (2 mins away)
Compass One (formerly Compass Point)
Reputable, Good Schools:
Nan Chiau Primary School / High School
Compassvale Primary School
Springdale Primary School
Edgefield Primary School
Anchor Green Primary School
Rivervale Primary School
CHIJ St. Joseph's Convent
Sengkang Riverside Park
Punggol Waterway Point
OLA EC Floor Plans, Site Plan & Facilities
A site plan is a scaled drawing which shows the uses and structures proposed for a parcel of land, including information concerning landscape features. The OLA EC site plan will show you the layout of the development, such as the location of blocks and condo facilities. You can also use the site plan to see the general orientation of the blocks (eg whether they are in-facing or out-facing), among other things.
OLA EC comes with a wide range of exciting facilities that are classified into zones. These include: Valleys of Espana (eg grand lobby, Casa club/lounge, 50m lap pool, palm cove), Paradise Glen (eg. Familia Plaza, Loto Oasis, Sensorio Garden), Mystic Falls (eg. Fresco Lunge, Kids Pool, Culinary Cabana, Cielo Bar, Grill Station), Fiesta Walk (eg. Siesta Lounge, Kids Play Space, Pets Corner, Picnic Jardin & BBQ). You will notice that the EC facilities are what private condos tend to offer its residents.
OLA EC offers something for everyone, from young couples to families with children, as well as multi-generation families. As such, several well-planned layouts are available, from 2 bedrooms, 3 bedrooms (normal, Deluxe, Premium), 4 bedrooms, and 5 bedrooms Penthouses. Click the button below to view the floor plans of these units.
Key Features of OLA EC
Amenities A Stone's Throw Away
Low Entry Price
Register To Visit Our Showflat
To visit the show gallery, please register with us. Simply call/whatsapp/text to +65 90091172 or +65 94884904 to receive an official invite on your phone. Registration will also enable us to determine your eligibility and send you important information regarding the project, including floor plan updates, price releases, etc.
OLA EC e-Application
An e-Application is a simple online submission that allows our team to carry out an eligibility pre-assessment. If you are eligible and keen to move forward, we will guide you in selecting your prefered unit and prepare the necessary official document for submission.
Note: The process is risk-free:
The discussion regarding your EC eligibility & your requirements, budget, bank loan arrangements, purchase procedures, preparation of submission documentation etc is completely Free of cost to you - and you may safely withdraw at anytime before signing the Option To Purchase (OTP) document. You have nothing to lose! The purchase of an EC is one of the best decisions a Singaporean can make.