Notes

Typically the Continuum Condo
Welcome towards the review of typically the Continuum condo launch at Thiam Siew Avenue. This will be a new future freehold residential development for sale throughout the Katong neighbourhood of Singapore.
Katong is considered portion of the prime East Shoreline area and drops under District 12-15, within the Ocean Parade Planning Region. This lies within the RCR (Rest of Central Region) zone as defined by URA. It is hence relatively close to typically the city centre, and even the central monetary and business canton of Marina Clean and Raffles Spot.
It is also one of typically the more attractive projects on the market in recent years. Not very least because, at shut to 800 products, it is uncommon large for a new freehold site. Many of these large freehold websites are prized regarding good reason, because they hold better worth long term.
The programmer just for this project is usually a partnership of lengthy term partners, Hoi Hup Realty plus Sunway Developments. (Their last launch has been Ki Residences near Sunset Way, together with very well-designed layouts and nice closes. )
When it comes to the particular Continuum condo, that stands out regarding possessing the greatest freehold land place in recent times. With 263, 794 square foot of land, it can accommodate 800 apartments, making that one of the greatest freehold condo properties around.
While freehold condominium launches are usually not unusual, nearly all are on the particular smaller side, generally under 100 products. That? s mainly because freehold sites simply happen through communautaire or en-bloc product sales of old freehold projects or specific bungalows.
Small freehold sites, however, shortage the reasons for plenty of facilities plus gardens. They furthermore lack the range to generate an appreciable volume involving turnover for rentals and resale, in addition to so typically take pleasure in less demand than for larger kinds.
Transaction volume is definitely important. For rates to move, presently there must be a continuing flow of current transactions. Banks worth a development using the latest transacted rates. If transactions will be few and far between, their evaluated values would not rise as swiftly.
Which is why, freehold launches along with over 200 devices which are rarer, just like the Continuum property, attract a lot more attention. The more devices there are, the more active plus vibrant a rental in addition to resale market afterwards. There is good enough critical mass to command interest.
The explanation for the land size is because it is usually an amalgamation involving two large growth plots. They, throughout turn, are aggregated from 22 freehold pre-war semi-detached houses and bungalows flanking both sides of Thiam Siew Path, a residential streets of landed houses beside Tanjong Katong Road.
These bonbon sites all belonged to just one family members trust. The confidence sold the plots via public young in November 2021, to Hoi Hup Sunway Developments intended for S$815 million.
Regarding to Galven Bronze, Deputy Managing Representative of Savills Singapore that brokered the offer, Thiam Siew Path is a well-liked and mature area and the web site a highly expected one.
Wong Swee Chun, the controlling director and leader of Hoi Hup Realty, said these people were interested while the sites are usually rare freehold kinds in east Singapore. He elaborated more to say,? Inside today? s competitive housing market, we will be very confident associated with the demand regarding quality freehold innovations, specifically these large freehold plots within District 15.?
The Continuum condominium web site lies between Haig Road and Tanjong Katong Road, inside the residential fraction of Katong.
Katong, together with Water Parade and Mountbatten, form the primary private housing estates of District fifteen. Which, traditionally, rates one of the most coveted residential districts outside typically the central 9, 10, 11 ones.
This kind of area has, intended for historical reasons, recently been mainly populated together with private homes, as well as a few Excellent Class Bungalows.
Katong these days still maintains a reasonable bit of old Singapore, with remnants from the abundant cultural heritage. Perhaps that explains the reason why it exudes a great old-world charm, in addition to more laid-back feel than elsewhere on the island of st. kitts.
Almost in compare, for the north and west of the Continuum condo, Paya Lebar and Kallang respectively are starting development into radiant economic and life-style hubs. This spot therefore combines equally worlds; the brand new using the old, the long run with the past.
Residents here stand to benefit especially by the close proximity to the Paya Lebar Central area. This precinct is definitely one out regarding nine selected to join URA? s pilot Business Development District program, within a drive in order to rejuvenate the town.
THE CONTINUUM
The website itself was originally occupied by single-storey pre-war properties, flanked by high-rises on both its n . and south. Yet being zoned along with a plot rate of 2. eight on the 2019 Masterplan, it can now go high-rise too.
It will as a result match the height of its neighbours to its north, east, and immediate south. Those neighborhood friends immediately south are mostly standalone private residence blocks. Beyond that will further south, and particularly west, the property is zoned for, and filled together with low-rise landed real estate. These span quite a distance, along with open vistas.
Therefore some units could get pocket views in between those blocks, southwards over the ended up estate, towards Distance Coast Park. And even with the breeze tunnel effect, there may be likely to be plenty of wind flow flow too.
Being within the RCR makes for quick on-line to town and even other major nodes. Off-peak it may get under 20 mins drive to reach Changi Airport, and 15 minutes to the particular CBD, via the particular East Coast and Marina Coastal expressways.
Several bus providers ply Geylang Street nearby too, with some going straight into the location centre.
Since for train providers, the Continuum condo is about nine minutes walk to be able to Dakota MRT place on the Circle Line. Dakota train station is approximately 15 a few minutes train ride from Suntec City plus Marina Bay.
The particular Continuum condo will be also about tough luck minutes walk to Paya Lebar interchange MRT station, along with the malls there.
The 2018 / 2019 wave of launches was an fascinating one. It observed a large number of brand-new launches, that in addition included several mega projects (mainly by former HUDC land). So much so that buyers had a feast involving choices, and there are fears that a number of the mega launches might incur ABSD if they did not sell away over time.
Today most those choices, in addition to fears, are very long gone. Almost all those projects, which includes the megan ones, have sold out there, or are near to accomplishing this.
The particular current batch, starting up 2021 / 2022, are dominated by more average sized launches. There are also fewer of them.
This partly explains why new launches such since Piccadilly Grand, Liv@MB, AMO Residence, and even Sky Eden possess achieved 75% to be able to 98% sales in their first working day alone. Even the greater 605-unit Lentor Current cleared 84% after opening, including selling out all it is one and a couple of bedders.
To the extent that many customers who did not really about the queue range at the balloting, still left empty-handed.
The Entier launch, at near to 800 units, will be mostly of the big ones now. It will therefore allow buyers to be able to stand a much better chance of having their hands in an unit. Actually possibly an a single or 2 bedder. The other good thing about its larger dimensions, is of study course having the luxury regarding generous grounds for landscaping and facilities.

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