Notes

Typically the Continuum Condo
Welcome to the review of typically the Continuum condo start at Thiam Siew Avenue. This is definitely a new forthcoming freehold residential enhancement for sale within the Katong neighborhood of Singapore.
Katong is considered part of the prime East Coastline area and falls under District 12-15, within the Marine Parade Planning Area. This lies in the RCR (Rest of Central Region) zone as identified by URA. It is hence relatively close to typically the city centre, in addition to the central economical and business zones of Marina Gulf and Raffles Spot.
It is also one of the more attractive projects on the industry lately. Not minimum because, at shut to 800 devices, it is uncommon large for a new freehold site. Like large freehold web sites are prized intended for good reason, as they hold better benefit long term.
The developer with this project will be a joint venture of long term partners, Hoi Hup Realty plus Sunway Developments. (Their last launch has been Ki Residences close to Sunset Way, together with very well-designed designs and nice surface finishes. )
In the matter of the particular Continuum condo, it stands out with regard to possessing the largest freehold land area in recent times. With 263, 794 square foot of land, this can accommodate 700 apartments, making that one of the primary freehold apartments around.
While freehold condominium launches happen to be not unusual, most are on typically the smaller side, normally under 100 devices. That? s due to the fact freehold sites only happen through group or en-bloc revenue of old freehold projects or personal bungalows.
Small freehold sites, however, shortage the reasons for lots of facilities and gardens. They also lack the level to generate a good appreciable volume of turnover for leases and resale, in addition to so typically appreciate less demand than for larger kinds.
Transaction volume is definitely important. For costs to move, there must be a continuous flow of latest transactions. Banks value a development in line with the latest transacted prices. If transactions will be few and much between, their examined values would certainly not rise as swiftly.
Which is precisely why, freehold launches along with over 200 models that are rarer, such as the Continuum condo, attract far more attention. The more units there are, typically the more active plus vibrant accommodations in addition to resale market later. There is plenty of critical mass in order to command interest.
The reason for the land dimensions are because it will be an amalgamation involving two large development plots. They, throughout turn, are aggregated from 22 freehold pre-war semi-detached homes and bungalows flanking both sides of Thiam Siew Avenue, a residential road of landed houses beside Tanjong Katong Road.
These bonbon sites all belonged to a single family trust. The have faith in sold the plots of land via public sensitive in November 2021, to Hoi Hup Sunway Developments for S$815 million.
Relating to Galven Color, Deputy Managing Movie director of Savills Singapore that brokered the offer, Thiam Siew Opportunity is a well-liked and mature area and the web-site a highly coveted one.
Wong Swee Chun, the handling director and leader of Hoi Hup Realty, said that they were interested since the sites are usually rare freehold kinds in east Singapore. He elaborated further to say,? Throughout today? s competitive market, we will be very confident involving the demand intended for quality freehold advancements, specifically these large freehold plots in District 15.?
The Continuum condominium internet site lies between Haig Road and Tanjong Katong Road, inside the residential fraction of Katong.
Katong, together with Marine Parade and Mountbatten, form the prime private housing locations of District 15. Which, traditionally, positions one of the most coveted household districts outside typically the central 9, 12, 11 ones.
This particular area has, intended for historical reasons, been mainly populated with private homes, as well as a few Excellent Class Bungalows.
Katong today still keeps a fair bit of old Singapore, along with remnants of its rich cultural heritage. Perhaps that explains precisely why it exudes a good old-world charm, plus more laid-back atmosphere than elsewhere on st. kitts.
Almost in compare, towards the north and west of the Continuum condo, Paya Lebar and Kallang respectively are having development into vibrant economic and way of life hubs. This place therefore combines equally worlds; the brand new with the old, the long run with the history.
Residents here remain to benefit especially by the close proximity to the Paya Lebar Central area. This precinct is simply one out associated with nine selected in order to join URA? s pilot Business Improvement District program, within a drive in order to rejuvenate the metropolis.
The internet site itself seemed to be originally occupied simply by single-storey pre-war residences, flanked by high-rises to both its upper and south. Nevertheless being zoned together with a plot ratio of 2. 7 on the 2019 Masterplan, it will now go high-rise too.
It will eventually thus match the height of its neighborhood friends to its northern, east, and instant south. Those entire neighborhood immediately south are mostly standalone private residence blocks. Beyond of which further south, and especially west, the property is zoned with regard to, and filled with low-rise landed real estate. These span really a distance, with open vistas.
Therefore some units may get pocket views involving those blocks, southwards over the found estate, towards Far east Coast Park. In addition to with the wind tunnel effect, there may be likely to become plenty of wind flow too.
Staying within the RCR makes for quick online connectivity to town and even other major systems. Off-peak it will acquire under 20 moments drive to access Changi Airport, and 15 minutes to typically the CBD, via the East Coast in addition to Marina Coastal expressways.
Several bus providers ply Geylang Highway nearby too, using some going into the town centre.
While for train services, the Continuum condo is about being unfaithful minutes walk in order to Dakota MRT stop on the Round Line. Dakota station is about 15 a few minutes train ride through Suntec City and Marina Bay.
Typically the Continuum condo will be also about 13 minutes walk in order to Paya Lebar interchange MRT station, along with the malls there.
The 2018 / 2019 wave of releases was an intriguing one. It found a high number of new launches, that also included several mega projects (mainly from former HUDC land). So much therefore that buyers acquired a feast of choices, and there are fears that a few of the mega launches may well incur ABSD if they could not sell out there on time.
Today most those choices, and even fears, are lengthy gone. Almost just about all those projects, including the megan kinds, have sold away, or are close to this.
THE CONTINUUM
The particular current batch, starting up 2021 / 2022, are dominated by simply more average bigger launches. There are also fewer regarding them.
This to some extent explains why recent launches such because Piccadilly Grand, Liv@MB, AMO Residence, and even Sky Eden possess achieved 75% to 98% sales upon their first working day alone. However, bigger 605-unit Lentor Modern cleared 84% after opening, including offering out all their one and a couple of bedders.
For the level that many buyers who did not really get a good queue amount in the balloting, still left empty-handed.
The Intégral launch, at near to 800 devices, will be mostly of the big ones this time around. It will consequently allow buyers to be able to stand a better chance of getting their hands about an unit. Also possibly an one particular or 2 bedder. The other benefit of its larger dimension, is of study course getting the luxury regarding generous grounds for landscaping and features.

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