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OLÁ

Listed by Winnie Lim Hui Nee, Associate Division Director — CEA R061623D (Huttons Asia Pte. Ltd, L3008899K)

Last updated: 16 June 2025

Ownership Type

LeaseholdSee on MapCompare Property

OLA is a 99-year leasehold Executive Condominium (EC) located at Anchorvale Crescent in Sengkang, Singapore.Developed by Anchorvale Pte Ltd, a joint venture between Evia Real Estate and Gamuda Land, OLA offers a unique blend of Spanish-inspired design and modern living.


🏢 Project Overview

Developer: Anchorvale Pte Ltd (Evia Real Estate & Gamuda Land)

Tenure: 99-year leasehold (from 14 December 2018)

Address: 70–86 Anchorvale Crescent, Singapore 544599–544561

District: 19 (Sengkang)

Total Units: 548

Blocks: 9 blocks, each 16 storeys high

Unit Types:

2-Bedroom: 775 sqft (30 units)

3-Bedroom: 926–1,005 sqft (422 units)

4-Bedroom: 1,389 sqft (87 units)

5-Bedroom Penthouse: 1,722 sqft (9 units)

TOP (Temporary Occupation Permit): December 2023

Expected Legal Completion: September 2027


📍 Location & Accessibility

Nearest LRT Station: Cheng Lim LRT Station (2-minute walk)

Nearest MRT Station: Sengkang MRT Station (1 LRT stop away)

Nearby Amenities:

Compass One Shopping Mall

Sengkang General Hospital

Sengkang Riverside Park

Nan Chiau Primary School (within 1 km)


OLA's strategic location offers residents excellent connectivity to public transport and a plethora of amenities, making daily commuting and errands convenient.


🏊‍♂️ Facilities & Features

OLA boasts a comprehensive range of facilities inspired by Spanish art and culture:


50m Lap Pool

Children’s Pool

Jacuzzi

Gymnasium

Tennis Court

Clubhouse (Casa Club)

BBQ Pits

Playground

Lush Landscaped Gardens

Smart Home Features (e.g., Samsung SmartThings Hub)

The development emphasizes community living with thoughtfully designed communal spaces and greenery.


🌟 Unique Selling Points

Spanish-Inspired Design: OLA stands out with its unique architectural theme, incorporating elements of Spanish art and culture.

Comprehensive Facilities: Residents enjoy a wide array of amenities catering to all age groups.

Smart Living: Integration of smart home technologies enhances convenience and security.

Proximity to Amenities: Close to reputable schools, healthcare facilities, shopping malls, and parks.

Factsheet about Property

Name:
OLÁ
Developer:
ANCHORVALE Pte Ltd
Type:
Condo
Total Units:
548
Location:
Anchorvale Cres, Singapore
Tenure:
99 Years
Title:
OLÁ

Available Units & Price

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Site Plan

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Location

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Schools Nearby

✅ 1. Preschools / Kindergartens (Nearby)

PCF Sparkletots @ Anchorvale – ~300m (Very close, within walking distance)

My First Skool @ Sengkang Anchorvale – ~500m

E-Bridge Preschool @ Sengkang Anchorvale Crescent – ~300m

MindChamps Preschool @ Buangkok – ~8 mins drive

Little Footprints Preschool @ Sengkang – ~5 mins drive

Bright Juniors @ Compassvale – ~5 mins drive


✅ 2. Primary Schools (Within 1-2km radius)

Nan Chiau Primary School – ~400m (Highly sought-after, affiliated with Nan Chiau High)

Anchor Green Primary School – ~300m (Very close, good reputation)

Springdale Primary School – ~900m

Compassvale Primary School – ~1.4 km

Sengkang Green Primary School – ~1.8 km

Fern Green Primary School – ~2.2 km


✅ 3. Secondary Schools (Within 2-3km radius)

Nan Chiau High School – ~400m (Prestigious SAP school, IP programme)

Compassvale Secondary School – ~1.6 km

Edgefield Secondary School – ~2.5 km

Greendale Secondary School – ~2.8 km

Pei Hwa Secondary School – ~3.0 km


✅ 4. Tertiary Institutions

Nanyang Junior College (NYJC) – ~9.5 km

Anderson Serangoon Junior College (ASRJC) – ~9.8 km

ITE College Central (Ang Mo Kio) – ~9 km

Nanyang Polytechnic (AMK) – ~8.8 km

Singapore Institute of Technology (SIT @ Punggol Campus) – ~4.5 km (New SIT Campus nearby, excellent for tertiary education)


✅ 5. International Schools Nearby

Global Indian International School (GIIS, Punggol SMART Campus) – ~4.5 km (IB curriculum, high-tech campus)

International French School (IFS) – ~8.0 km

Australian International School (AIS, Lorong Chuan) – ~11.5 km

Hillside World Academy – ~9.5 km

DPS International School – ~10 km


✅ 6. Enrichment & Learning Centres

The Learning Lab @ Compass One – ~5 mins drive

Kumon, MindChamps, Morris Allen English – Compass One / Seletar Mall

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Frequently asked about OLÁ

Quick answers about the development, tenure, pricing, viewing, and how we work with buyers.

OLÁ is located, at Anchorvale Cres, Singapore, in District 19 (Hougang / Punggol / Sengkang) of Singapore.
OLÁ is a 99-year leasehold development. Under Singapore's leasehold system, the land reverts to the State at the end of the lease term.
OLÁ is sold out. TOP details are confirmed in the project's original sales materials.
OLÁ is developed by ANCHORVALE Pte Ltd, the appointed Singapore developer responsible for the project's design, construction, and sales.
OLÁ comprises 548 residential units across the development.
Indicative prices at OLÁ start from S$1.02M and range up to S$2.35M. Final prices are confirmed at booking and vary by unit type, floor, and view; contact us via the enquiry form for the latest unit-by-unit price list.
The showflat for OLÁ is reserved for registered viewers. Sign up via the enquiry form on this page and we'll send you the Google Maps location, viewing times, and direct contact for VIP showflat access. Walk-ins without an appointment are typically not permitted.
Yes. Tap the Compare Property button on this page to place OLÁ side-by-side with up to three other developments. The comparison covers price, unit sizes, tenure, developer, and TOP.
Developer-issued discounts at OLÁ change with each phase of release. Speak with our licensed agent via the enquiry form on this page for the latest discount structure, early-bird pricing, and any stamp duty subsidies on offer.
All new launch transactions in Singapore are routed through CEA-licensed salespersons. AI Property represents buyers in negotiation with the developer of OLÁ. To engage us, email hello@aiproperty.sg with your NRIC (front and back), contact number, email address, and the unit number you're interested in.
Submit your contact details via the registration form on this page and our agent will arrange a personalised VIP viewing of OLÁ. VIP viewings cover the showflat, available units, floor plans, and developer pricing not yet public.
Available floor plans, schematics, unit mix breakdowns, and the project factsheet for OLÁ are published on this page as soon as they're released by the developer. Sign up for project updates and you'll be notified the moment new materials go live.
For Singapore citizens and PRs buying a private residential property like OLÁ, the standard minimum down payment under the 75% loan-to-value (LTV) limit is 25% of the purchase price. The first 5% is paid in cash at booking when the developer issues the Option to Purchase (OTP). The remaining 20% is payable when the OTP is exercised, sourced from cash and/or CPF Ordinary Account. Foreigners follow the same 25% down payment structure but cannot use CPF. Speak to our licensed agent for an individual TDSR calculation.
ABSD on a private residential purchase in Singapore including OLÁ is 0% for a Singapore citizen's first property, 20% for a citizen's second, and 30% for a third or more. PRs pay 5% on their first property and 30% on their second. Foreigners pay 60% on any property. ABSD remission is available for couples where one spouse is a Singapore citizen, subject to conditions including selling existing properties within 6 months. Final rates are set by IRAS at the time of purchase.
BSD on OLÁ is calculated on a tiered sliding scale set by IRAS: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5M, and 6% on the amount above S$3M. BSD is payable to IRAS within 14 days of signing the purchase contract. Any Additional Buyer's Stamp Duty (ABSD) is on top of BSD, not instead of it.
To book a unit at OLÁ: (1) Register your interest via the enquiry form on this page. (2) Our agent sends the latest price list, floor plans, and unit availability. (3) Confirm your selection and submit the 5% Option Fee (cheque or PayNow). (4) The developer issues the Option to Purchase (OTP), with the Sale & Purchase Agreement typically delivered within 14 days. (5) Exercise the OTP within roughly 3 weeks of receiving the S&PA by paying the remaining 20% (balance of the 25% down payment) and signing the agreement. The full process from booking to S&PA signing usually takes 3 to 6 weeks.
Monthly maintenance fees at OLÁ are payable to the Management Corporation Strata Title (MCST) once the development is completed. Across Singapore, mass-market new launches typically fall between S$300 and S$800 per month for a 3-bedroom unit, while luxury developments with extensive facilities (concierge, multiple pools, sky lounges) frequently exceed S$1,500 per month. Exact fees depend on unit share value, development size, and facility scope. The first year's contribution is usually paid in advance at completion. Our agent provides the exact MCST budget for OLÁ once the developer publishes it.
Yes. For OLÁ, eligible Singapore citizens and PRs can fund the purchase with a combination of cash, CPF Ordinary Account (OA) funds, and a bank loan, subject to the Total Debt Servicing Ratio (TDSR) cap of 55% of gross monthly income. The standard split is 5% cash + 20% CPF or cash for the down payment, with the remaining 75% via a bank loan. MAS allows a maximum private-property loan tenure of 35 years, but tenures over 30 years (or that extend past age 65) face reduced LTV limits. Foreigners cannot use CPF and must rely on cash plus a bank loan.
Buying OLÁ as a new launch differs from a resale condo purchase in three main ways. First, payment is progressive: instead of paying the full price upfront, payments are staged (5%, 20%, then construction-milestone instalments). Second, new launches ship with the developer's full fittings, warranty, and current building specifications. Third, while Buyer's Stamp Duty and ABSD apply identically to both, new launches give early-bird buyers access to preferred units, floors, and views at the official launch price. Resale condos move faster (immediate possession) but lack the construction-period payment flexibility.