Notes

The Continuum Condo
Welcome towards the review of the particular Continuum condo start at Thiam Siew Avenue. This is usually a new future freehold residential development for sale within the Katong neighbourhood of Singapore.
Katong is considered portion of the prime East Shoreline area and falls under District fifteen, within the Marine Parade Planning Location. This lies in the RCR (Rest of Central Region) zone as described by URA. That is hence fairly close to the city centre, plus the central financial and business canton of Marina Gulf and Raffles Spot.
It is furthermore one of the more attractive tasks on the market in recent times. Not very least because, at shut to 800 units, it is abnormally large for the freehold site. Like large freehold web sites are prized with regard to good reason, because they hold better price long-term.
The designer in this project is a joint venture of very long term partners, Hoi Hup Realty plus Sunway Developments. (Their last launch has been Ki Residences around Sunset Way, with very well-designed layouts and nice coatings. )
When it comes to the Continuum condo, that stands out regarding possessing the largest freehold land area recently. With 263, 794 square ft of land, that can accommodate 700 apartments, making that one of the primary freehold condo properties around.
While freehold condominium launches are usually not unusual, almost all are on typically the smaller side, usually under 100 devices. That? s mainly because freehold sites only happen through collective or en-bloc sales of old freehold projects or specific bungalows.
Small freehold sites, however, shortage the grounds for lots of facilities and even gardens. They furthermore lack the scale 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 will be important. For rates to move, right now there must be an ongoing flow of latest transactions. Banks worth a development in line with the latest transacted rates. If transactions are few and considerably between, their examined values would not rise as quickly.
Which is precisely why, freehold launches using over 200 units which are rarer, such as the Continuum condominium, attract far more attention. The more models there are, typically the more active and vibrant accommodations plus resale market later. There is enough critical mass in order to command interest.
The explanation for the land dimensions are because it will be an amalgamation regarding two large growth plots. They, throughout turn, are aggregated from 22 freehold pre-war semi-detached residences and bungalows flanking both sides of Thiam Siew Path, a residential street of landed homes beside Tanjong Katong Road.
These bonbon sites all belonged to just one family trust. The confidence sold the plots of land via public tender in November 2021, to Hoi Hup Sunway Developments for S$815 million.
According to Galven Bronze, Deputy Managing Movie director of Savills Singapore that brokered the deal, Thiam Siew Opportunity is a well-liked and mature neighborhood and the web-site a highly desired one.
Wong Swee Chun, the handling director and chief of Hoi Hup Realty, said they will were interested since the sites happen to be rare freehold ones in east Singapore. He elaborated even more to say,? Within today? s competing market, we are very confident involving the demand regarding quality freehold improvements, particularly for these big freehold plots within District 15.?
The particular Continuum condominium web-site lies between Haig Road and Tanjong Katong Road, within just the residential portion of Katong.
Katong, together with Water Parade and Mountbatten, form the excellent private housing estates of District 15. Which, traditionally, rates one of the most coveted home districts outside the particular central 9, twelve, 11 ones.
This kind of area has, regarding historical reasons, already been mainly populated together with private homes, and even a few Very good Class Bungalows.
Katong today still maintains a good bit of old Singapore, using remnants from the abundant cultural heritage. Maybe that explains exactly why it exudes an old-world charm, and even more laid-back atmosphere than elsewhere on st. kitts.
Almost in distinction, for the north plus west of the Continuum condo, Paya Lebar and Kallang respectively are starting development into vibrant economic and life-style hubs. This spot therefore combines the two worlds; the brand new with the old, the long run with the prior.
Residents here remain to profit especially coming from the close area to the Paya Lebar Central area. This precinct is simply one out regarding nine selected to join URA? s pilot Business Development District program, in a drive in order to rejuvenate the metropolis.
The website itself was originally occupied simply by single-storey pre-war properties, flanked by high-rises on both its north and south. Although being zoned along with a plot ratio of 2. 6 on the 2019 Masterplan, it will certainly now go high-rise too.
It will therefore match the altitudes of its entire neighborhood to its n ., east, and instant south. Those friends immediately south are mostly standalone private apartment blocks. Beyond that further south, and particularly west, the terrain is zoned for, and filled using low-rise landed casing. These span quite a distance, using open vistas.
Hence some units could get pocket views between those blocks, southwards over the found estate, towards Distance Coast Park. Plus with the breeze tunnel effect, there may be likely to get plenty of blowing wind flow too.
Being within the RCR produces quick connectivity to town plus other major nodes. Off-peak it may acquire under 20 a few minutes drive to reach Changi Airport, and 12-15 minutes to the particular CBD, via the particular East Coast and Marina Coastal expressways.
Several bus providers ply Geylang Highway nearby too, with some going in to the city centre.
Since for train providers, the Continuum residence is about on the lookout for minutes walk to be able to Dakota MRT train station on the Round Line. Dakota train station is about 15 minutes train ride from Suntec City plus Marina Bay.
Typically 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 unveilings was an intriguing one. It observed a large number of brand-new launches, that likewise included several huge projects (mainly by former HUDC land). So much therefore that buyers experienced a feast associated with choices, and there were fears that some of the mega launches may possibly incur ABSD if they could not sell out and about over time.
Today all those choices, and fears, are lengthy gone. Almost almost all those projects, which includes the megan kinds, have sold out there, or are shut to accomplishing this.
The particular current batch, starting 2021 / 2022, are dominated simply by more average sized launches. There happen to be also fewer of them.
THE CONTINUUM
This to some extent explains why recent launches such as Piccadilly Grand, Liv@MB, AMO Residence, plus Sky Eden have achieved 75% in order to 98% sales in their first day alone. Your greater 605-unit Lentor Modern day cleared 84% after opening, including selling out all it is one and 2 bedders.
For the magnitude that many potential buyers who did not really about the queue range in the balloting, remaining empty-handed.
The Intégral launch, at near to 800 devices, will be one of the few big ones now. It will consequently allow buyers in order to stand a much better chance of having their hands upon an unit. Actually possibly an one particular or 2 bedder. The other advantage of its larger size, is of training course obtaining the luxury associated with generous grounds with regard to landscaping and features.

Website: https://thecontinuumbyhoihup.sg