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OLA EC Pricing | OLA EC PSF

OLA Price List

To check on unit availability, see the Balance Units Chart

OLA EC Pricing

OLA EC Price – Executive Condo in Sengkang Successful Awarded Project Tender Price

The Ola EC site spans an area of 184,465 sq ft. Under the Master Plan, it is zoned for residential use, with a plot ratio of 3. This translates to a maximum permissible built-in floor area of 553,397 sq ft.

Hence the $318,888,899 paid by the developer for the site, will work out to a land rate of $576 PSF PPR (per square foot per plot ratio).

This could mean a break even of around $1,050 PSF PPR, after taking into account all the development and construction, as well as admin, financing and overhead costs.

So what will the selling price be like after factoring in the margin? If Piermont Grand EC with a similar land cost, is anything to go by, we could be looking at an average of around $1,1xx PSF. So possibly:

  • 3 bedroom units might start from around $880K up
  • 4 bedroom units might start from around $1.3xM up
  • 5 bedroom units might start from around $1.5xM up

Disclaimer: The above is just a very rough guesstimate. Actual pricing will differ.

LAND LOCATION SUCCESSFUL SALE PRICE PER SQ FT PER PLOT RATIO GFA
ANCHORVALE CRESCENT EC LANDSALE SITE $318,890,000 $576.20 psf 51,411 sqm

 

OLA EC Actual Site Location

Ola EC Launch - Actual Site Location

OLA EC Price – Nearby Properties Transacted Price

NEARBY NEWER PROJECTS AROUND OLA AT DISTRICT 19 HIGHEST TRANSACTED SELLING PRICE (PSF) FOR PAST 12 MONTHS COMPLETION
TREASURE CREST $1,110 2018
LA FIESTA $1,482 2016
Rivercove Residences $1,086 Under Construction
RIVERBANK @ FERNVALE $1,267 2017
THE VALES $960 2017
BELLEWATERS $945 2017

 

What is the OLA EC Pricing? OLA EC Estimated Launch Price

PSF$
A) Land Cost $576
B) Construction Cost (estimate) $350
C) Profit Margin + Other Expenses (30% x [A+B] ) $277
Estimate Launch Price (SUBJECTED TO CHANGES) (FOR EDUCATION PURPOSES, NOT FINAL SELLING PRICE) $1,203

(All prices for OLA displayed here are for reference purposes. Prices are subject to change from time to time without prior notice. This webpage cannot be held responsible for any inaccuracies, omissions and/or dispute.)

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