Notes

The Continuum Condo
Welcome towards the review of the particular Continuum condo start at Thiam Siew Avenue. This is usually a new upcoming freehold residential advancement for sale within the Katong area of Singapore.
Katong is considered part of the prime East Coast area and drops under District 15, within the Ocean Parade Planning Location. This lies throughout the RCR (Rest of Central Region) zone as defined by URA. That is hence fairly close to typically the city centre, in addition to the central economical and business districts of Marina Gulf and Raffles Spot.
It is also one of typically the more attractive tasks on the marketplace recently. Not minimum because, at close up to 800 units, it is uncommon large for a new freehold site. Many of these large freehold web sites are prized with regard to good reason, as they hold better benefit long term.
The developer just for this project will be a joint venture of extended term partners, Hoi Hup Realty in addition to Sunway Developments. (Their last launch was Ki Residences close to Sunset Way, using very well-designed layouts and nice closes. )
When it comes to typically the Continuum condo, this stands out for possessing the greatest freehold land region recently. With 263, 794 square feet of land, this can accommodate eight hundred apartments, making it one of the primary freehold condo properties around.
While freehold condominium launches happen to be not unusual, almost all are on the particular smaller side, usually under 100 models. That? s due to the fact freehold sites just come about through ordinaire or en-bloc sales of old freehold projects or individual bungalows.
Small freehold sites, however, lack the reasons for lots of facilities and gardens. They furthermore lack the level to generate an appreciable volume regarding turnover for leases and resale, and so typically appreciate less demand than for larger types.
Transaction volume is usually important. For prices to move, right now there must be a continuous flow of current transactions. Banks worth a development in line with the latest transacted rates. If transactions will be few and much between, their assessed values would not really rise as rapidly.
Which is precisely why, freehold launches along with over 200 products which can be rarer, like the Continuum property, attract a lot more focus. The more units there are, the particular more active and even vibrant a rental and resale market later. There is more than enough critical mass to be able to command interest.
The reason behind the land size is because it will be an amalgamation associated with two large development plots. They, in turn, are aggregated from 22 freehold pre-war semi-detached residences and bungalows flanking both sides of Thiam Siew Path, a residential streets of landed houses beside Tanjong Katong Road.
THE CONTINUUM
These bonbon sites all belonged to a single family trust. The have confidence in sold the plots of land via public sensitive in November 2021, to Hoi Hup Sunway Developments with regard to S$815 million.
According to Galven Tan, Deputy Managing Representative of Savills Singapore that brokered the offer, Thiam Siew Path is a well-known and mature local community and the web site a highly coveted one.
Wong Swee Chun, the handling director and leader of Hoi Hup Realty, said these people were interested since the sites happen to be rare freehold kinds in east Singapore. He elaborated additional to say,? Throughout today? s competitive real estate market, we are usually very confident of the demand regarding quality freehold developments, especially for these huge freehold plots in District 15.?
The Continuum condominium web site lies between Haig Road and Tanjong Katong Road, in the residential partie of Katong.
Katong, together with Marine Parade and Mountbatten, form the primary private housing estates of District fifteen. Which, traditionally, ranks among the most coveted non commercial districts outside the central 9, 10, 11 ones.
This kind of area has, regarding historical reasons, already been mainly populated with private homes, as well as a few Good Class Bungalows.
Katong these days still maintains a reasonable bit associated with old Singapore, along with remnants of its rich cultural heritage. Possibly that explains precisely why it exudes the old-world charm, and more laid-back atmosphere than elsewhere on the island.
Almost in contrast, towards the north and west of the Continuum condo, Paya Lebar and Kallang respectively are going through development into vibrant economic and life-style hubs. This spot therefore combines each worlds; the modern with the old, the forthcoming with the past.
Residents here have to profit especially through the close closeness to the Paya Lebar Central area. This precinct is just one out associated with nine selected to be able to join URA? h pilot Business Development District program, in a drive in order to rejuvenate the metropolis.
The site itself was originally occupied by simply single-storey pre-war residences, flanked by high-rises to both its upper and south. But being zoned with a plot rate of 2. 6 on the 2019 Masterplan, it will certainly now go high-rise too.
It is going to therefore match the levels of its entire neighborhood to its n ., east, and immediate south. Those entire neighborhood immediately south are mostly standalone private flat blocks. Beyond that further south, and particularly west, the land is zoned for, and filled along with low-rise landed real estate. These span really a distance, together with open vistas.
Hence some units could get pocket views among those blocks, southwards over the landed estate, towards Distance Coast Park. And with the breeze tunnel effect, there is certainly likely to be plenty of wind flow too.
Getting within the RCR creates quick connection to town in addition to other major systems. Off-peak it should consider under 20 minutes drive to get at Changi Airport, and fifteen minutes to typically the CBD, via the East Coast in addition to Marina Coastal expressways.
Several bus providers ply Geylang Path nearby too, together with some going in to the location centre.
While for train services, the Continuum condo is about on the lookout for minutes walk in order to Dakota MRT place on the Group Line. Dakota stop is around 15 a few minutes train ride from Suntec City plus Marina Bay.
The Continuum condo is definitely also about thirteen minutes walk to Paya Lebar interchange MRT station, and also the malls there.
The particular 2018 / 2019 wave of launches was an exciting one. It saw a high number of brand-new launches, that in addition included several ultra projects (mainly from former HUDC land). So much and so that buyers acquired a feast of choices, and there were fears that a few of the mega launches may incur ABSD if they did not sell out there on time.
Today most those choices, and even fears, are long gone. Almost almost all those projects, which includes the megan types, have sold out there, or are near to doing this.
Typically the current batch, beginning 2021 / 2022, are dominated by more average bigger launches. There are usually also fewer associated with them.
This partly explains why recent launches such because Piccadilly Grand, Liv@MB, AMO Residence, and even Sky Eden possess achieved 75% in order to 98% sales on their first time alone. However, greater 605-unit Lentor Modern day cleared 84% upon opening, including marketing out all their one and 2 bedders.
Towards the degree that many buyers who did certainly not about the queue number in the balloting, remaining empty-handed.
The Entier launch, at close up to 800 units, will be one of the few big ones this time. It will consequently allow buyers to stand a far better chance of receiving their hands about an unit. Also possibly an 1 or 2 bedder. The other advantage of its larger dimensions, is of study course having the luxury involving generous grounds intended for landscaping and amenities.

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