Executive Condominiums (ECs) are the top choice for HDB upgraders; and right now two of the hottest names are Parc Greenwich and Ola. Situated in districts 28 and 19 respectively, both are fringe region properties with highly competitive price points. In this week’s comparison, we take a look at the key differentiating factors of these two properties:

Parc Greenwich (EC)

Location: 35 Fernvale Lane (District 28)

Developer: Frasers Property

Expected TOP: 2024

Number of units: 496

Current Pricing:

$1,029 psf (Lowest)

$1,218 psf (Average)

$1,320 psf (Highest)

5 most recent transactions:

Date Unit Size Price PSF Total Price
16 Sep 2021 1,281 sq. ft. $1,129 $1,446,000
14 Sep 2021 1,066 sq. ft. $1,194 $1,272,000
13 Sep 2021 1,206 sq. ft. $1,290 $1,566,000
13 Sep 2021 1,206 sq. ft. $1,320 $1,591,000
13 Sep 2021 958 sq. ft. $1,161 $1,112,000

Parc Greenwich was launched on 11th September 2021, and is around 67.1 per cent sold.

Ola (EC)

Location: 80 Anchorvale Crescent (District 19)

Developer: Evia Real Estate (8) Pte Ltd and Gamuda (Singapore) Pte Ltd

Expected TOP: 2023

Number of units: 548

Current Pricing:

$1,028 psf (Lowest)

$1,152 psf (Average)