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OLA EC, could it be the game changer in Executive Condominium in Seng Kang?

by • April 9, 2020 • Property LaunchesComments (0)270

Image Credits: Ola EC, by Evia & Gamuda at Anchorvale/Sengkang

Ola EC is an upcoming new executive condominium to be built at Anchorvale Crescent. One of the most sought-after regions in Singapore for its vast number of convenient amenities within walking distance, as well as transportation convenience for both public and private transport options, Ola EC is set to change the Sengkang District.

Developers

Ola EC is a joint-venture between real estate giants Evia Real Estate and Gamuda Land.

The Evia Real Estate is a home-grown Singapore real estate company with an impressive track record developing residential, commercial, and industrial projects.

Gamuda Land, on the other hand, is a subsidiary of Gamuda Berhad, which is the property development arm of Gamuda Land. They are one of the leading engineering and construction firms based in Malaysia and having developed successful ventures in South East Asia.

General Info on Ola EC

Ola Executive Condominiums will soon rise at the Anchorvale Crescent Sengkang District 19. This former industrial region developed into a booming residential and commercial real estate area, home to many malls, restaurants, schools, and parks.

The condominium is Spanish-inspired, thus, the name of the project “Ola.” The Spanish word for “Hello” or “Hi,” is “Hola,” pronounced as “Ola,” with the silent “H.” Ola is, therefore, a playful use of the Spanish greeting, as simplified by the developers behind Ola EC.

The condominium project is set to build 548 exclusive residential units ranging from 2 bedrooms to an executive 5-bedroom penthouse. Catering to singles, couples, and multi-generational families, Ola EC will consist of 9 blocks of 16-story apartments, complete with basement parking, swimming pool, and communal facilities.

With intent on creating a green space for its future residents, the building blocks will be surrounded by greater green spaces as well as a rich assortment of recreational facilities.

The expected date of vacant possession is set on December 14, 2023.

Obtain an approval-in-principle housing loan for this condominium.

Convenience of Transportation

One of the most significant assets of Ola EC is its proximity to public transportation and highways. It is very well connected with several highways, making it easy to reach many different places in Singapore within minutes. The condo is well connected to the Tampines Expressway (TPE), the Central Expressway (CTE), and the Kallang Paya Lebar Expressway (KPE).

In terms of public transportation, Ola EC is a short walking distance to the Sengkang MRT/LRT Station, and to the Cheng Lim Station.

Public buses are also nearby, which is the Bus Interchange Station at Sengkang Town Centre.

Amenities

When considering to purchase a residence for yourself or your family, proximity to amenities and conveniences is a top priority. And this is why Ola EC will be among the most sought-after residential condominiums in the Sengkang District. A large number of malls, supermarkets, stores, banks, schools, and parks are within walking distance from the condo.

In terms of malls and supermarkets, you have Heartland Mall, Hougang Mall, Riverdale Mall, and Seletar Mall to choose from. The Cold Storage Compass Point is also nearby, which is a go-to grocery store and shopping center in the area. Chill out spots and restaurants are also nearby, such as the Johnson Duck for Chinese cuisine, the Brewbaker’s Kitchen and Bar for Western cuisine, as well as a good number of fast food joints, food courts, bars, and pubs.

For schools, a number of top and premier educational schools are in close proximity, such as the Nan Chiau Primary School, the Anchor Green Primary School, the Mee Toh School, the Compassvale Secondary and Primary School, and the Sengkang Secondary School.

For healthcare, the Sengkang Community Hospital and the Sengkang General Hospital are less than 3 minutes’ walk away, making healthcare extremely convenient to avail for Ola EC’s future residents.

For recreation, Ola EC is close to parks and the Sengkang Swimming Complex, also known as the Anchorvale Swimming Complex. This complex features 8 waterslides, 5 pools, a dance studio, a hockey pitch, and an indoor sports hall, an artificial soccer field, and a gym. And if you get hungry after all the physical activity, a number of restaurants can also be found within the Complex.

Proving that convenience in transportation, ease of shopping, proximity to premier education and healthcare, as well as being a luxury executive condominium that allows its residents to live in style, Ola EC is set to change the residential market in the Sengkang District.

If you’re looking to take out a loan for a unit at Ola EC, compare home loan Singapore by using the services of iCompareLoan mortgage broker.

For advice on a new home loan.

For refinancing advice.

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