Notes

The Continuum Condo
Welcome for the review of the particular Continuum condo launch at Thiam Siew Avenue. This is definitely a new approaching freehold residential advancement for sale throughout the Katong area of Singapore.
Katong is considered part of the prime East Seacoast area and comes under District 15, within the Marine Parade Planning Area. This lies throughout the RCR (Rest of Central Region) zone as identified by URA. This is hence fairly close to typically the city centre, and the central monetary and business zones of Marina Gulf and Raffles Place.
It is furthermore one of the more attractive projects on the industry recently. Not least because, at near to 800 devices, it is uncommon large for a new freehold site. Many of these large freehold internet sites are prized for good reason, since they hold better value long term.
The creator with this project is definitely a joint venture of long term partners, Hoi Hup Realty in addition to Sunway Developments. (Their last launch seemed to be Ki Residences near Sunset Way, together with very well-designed designs and nice coatings. )
When it comes to typically the Continuum condo, that stands out regarding possessing the biggest freehold land region in recent times. With 263, 794 square ft of land, this can accommodate 800 apartments, making it one of the greatest freehold condominiums around.
While freehold condominium launches are not very rare, most are on typically the smaller side, usually under 100 models. That? s mainly because freehold sites simply come about through group or en-bloc revenue of old freehold projects or particular person bungalows.
Small freehold sites, however, lack the causes for plenty of facilities and gardens. They furthermore lack the size to generate the appreciable volume of turnover for rentals and resale, in addition to so typically take pleasure in less demand compared to for larger ones.
Transaction volume is definitely important. For prices to move, presently there must be an ongoing flow of recent transactions. Banks price a development in line with the latest transacted costs. If transactions happen to be few and much between, their evaluated values would not necessarily rise as swiftly.
Which is precisely why, freehold launches with over 200 models which can be rarer, just like the Continuum property, attract much more focus. The more models there are, the particular more active plus vibrant a rental and resale market afterwards. There is more than enough critical mass in order to command interest.
The reason behind the land size is because it will be an amalgamation of two large advancement plots. They, in turn, are aggregated from 22 freehold pre-war semi-detached properties and bungalows flanking both sides of Thiam Siew Avenue, a residential streets of landed properties beside Tanjong Katong Road.
These plum sites all belonged to an individual family trust. The have faith in sold the plots of land via public sore in November 2021, to Hoi Hup Sunway Developments for S$815 million.
Relating to Galven Bronze, Deputy Managing Director of Savills Singapore that brokered the deal, Thiam Siew Avenue is a well-known and mature local community and the web-site a highly sought after one.
Wong Swee Chun, the taking care of director and chief of Hoi Hup Realty, said that they were interested while the sites are rare freehold types in east Singapore. He elaborated even more to say,? Within today? s competitive housing market, we are usually very confident of the demand with regard to quality freehold improvements, specifically these big freehold plots inside District 15.?
The particular Continuum condominium web site lies between Haig Road and Tanjong Katong Road, within the residential partie of Katong.
Katong, together with Water Parade and Mountbatten, form the excellent private housing estates of District 12-15. Which, traditionally, rates high one of the most coveted residential districts outside typically the central 9, 12, 11 ones.
This particular area has, with regard to historical reasons, already been mainly populated using private homes, and in many cases a few Excellent Class Bungalows.
Katong nowadays still keeps a fair bit regarding old Singapore, along with remnants of its abundant cultural heritage. Probably that explains precisely why it exudes a great old-world charm, and even more laid-back appearance than elsewhere on st. kitts.
Almost in comparison, for the north and west of the Continuum condo, Paya Lebar and Kallang respectively are having development into vibrant economic and way of living hubs. This place therefore combines the two worlds; the new along with the old, the long run with the recent.
Residents here remain to profit especially through the close closeness to the Paya Lebar Central area. This precinct is definitely one out of nine selected in order to join URA? s pilot Business Development District program, within a drive in order to rejuvenate the metropolis.
THE CONTINUUM
The website itself has been originally occupied by simply single-storey pre-war properties, flanked by high-rises on both its north and south. But being zoned together with a plot rate of 2. eight on the 2019 Masterplan, it can now go high-rise too.
It will thus match the heights of its neighborhood friends to its n ., east, and quick south. Those friends immediately south are mainly standalone private residence blocks. Beyond that will further south, and especially west, the land is zoned intended for, and filled along with low-rise landed enclosure. These span quite a distance, using open vistas.
Therefore some units may get pocket views involving those blocks, southwards over the ended up estate, towards Far east Coast Park. And even with the breeze tunnel effect, there exists likely to get plenty of wind flow flow too.
Staying within the RCR produces quick on-line to town plus other major systems. Off-peak it will take under 20 minutes drive to get to Changi Airport, and fifteen minutes to the particular CBD, via the East Coast in addition to Marina Coastal expressways.
Several bus providers ply Geylang Street nearby too, along with some going into the city centre.
While for train solutions, the Continuum condominium is about on the lookout for minutes walk in order to Dakota MRT train station on the Round Line. Dakota train station is around 15 moments train ride coming from Suntec City and Marina Bay.
The Continuum condo will be also about 13 minutes walk in order to Paya Lebar interchange MRT station, and also the malls there.
The 2018 / 2019 wave of launches was an interesting one. It noticed a large number of new launches, that in addition included several super projects (mainly from former HUDC land). So much therefore that buyers acquired a feast of choices, and there are fears that some of the mega launches may well incur ABSD if they could not sell out over time.
Today just about all those choices, plus fears, are extended gone. Almost almost all those projects, like the megan ones, have sold out, or are shut to doing this.
Typically the current batch, starting up 2021 / 2022, are dominated by more average sized launches. There happen to be also fewer regarding them.
This to some extent explains why new launches such while Piccadilly Grand, Liv@MB, AMO Residence, and even Sky Eden include achieved 75% in order to 98% sales about their first day alone. However, larger 605-unit Lentor Modern day cleared 84% after opening, including marketing out all the one and 2 bedders.
To the level that many customers who did certainly not about the queue range on the balloting, kept empty-handed.
The Continuum launch, at near to 800 units, will be mostly of the big ones now. It will as a result allow buyers to stand a much better chance of getting their hands in an unit. Also possibly an a single or 2 bedder. The other good thing about its larger dimensions, is of training course getting the luxury of generous grounds with regard to landscaping and features.

Homepage: https://thecontinuumbyhoihup.sg