Notes

Typically the Continuum Condo
Welcome to the review of the Continuum condo release at Thiam Siew Avenue. This is usually a new forthcoming freehold residential growth for sale within the Katong neighborhood of Singapore.
Katong is considered area of the prime East Coast area and falls under District 12-15, within the Sea Parade Planning Area. This lies inside the RCR (Rest of Central Region) zone as defined by URA. That is hence fairly close to the particular city centre, plus the central financial and business canton of Marina Bay and Raffles Spot.
It is in addition one of the particular more attractive projects on the marketplace recently. Not very least because, at close to 800 products, it is extraordinarily large for the freehold site. Many of these large freehold sites are prized regarding good reason, as they hold better value lasting.
The programmer in this project will be a partnership of lengthy term partners, Hoi Hup Realty and even Sunway Developments. (Their last launch seemed to be Ki Residences around Sunset Way, together with very well-designed layouts and nice closes. )
When it comes to typically the Continuum condo, that stands out intended for possessing the biggest freehold land place in recent years. With 263, 794 square foot of land, that can accommodate 800 apartments, making that one of the biggest freehold apartments around.
While freehold condominium launches happen to be not very rare, nearly all are on the particular smaller side, normally under 100 models. That? s since freehold sites only take place through communautaire or en-bloc sales of old freehold projects or particular person bungalows.
Small freehold sites, however, absence the reasons for plenty of facilities and gardens. They furthermore lack the scale to generate an appreciable volume associated with turnover for accommodations and resale, plus so typically enjoy less demand than for larger kinds.
Transaction volume is definitely important. For prices to move, generally there must be an ongoing flow of latest transactions. Banks benefit a development using the latest transacted costs. If transactions will be few and considerably between, their evaluated values would not rise as quickly.
Which is precisely why, freehold launches together with over 200 units that are rarer, like the Continuum property, attract far more interest. The more products there are, typically the more active and vibrant accommodations plus resale market after. There is plenty of critical mass to command interest.
The real reason for the land size is because it is definitely an amalgamation of two large development plots. They, inside turn, are aggregated from 22 freehold pre-war semi-detached houses and bungalows flanking both sides associated with Thiam Siew Avenue, a residential street of landed houses beside Tanjong Katong Road.
These bonbon sites all belonged to an individual loved ones trust. The have confidence 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 Overseer of Savills Singapore that brokered the offer, Thiam Siew Method is a well-liked and mature local community and the internet site a highly coveted one.
Wong Swee Chun, the managing director and chairman of Hoi Hup Realty, said that they were interested since the sites happen to be rare freehold kinds in east Singapore. He elaborated further to say,? Inside today? s aggressive real estate market, we are very confident of the demand for quality freehold advancements, especially for these big freehold plots within District 15.?
Typically the Continuum condominium internet site lies between Haig Road and Tanjong Katong Road, within the residential enclave of Katong.
Katong, together with Sea Parade and Mountbatten, form the prime private housing locations of District 12-15. Which, traditionally, ranks being among the most coveted home districts outside the particular central 9, twelve, 11 ones.
This kind of area has, regarding historical reasons, recently been mainly populated using private homes, and also a few Very good Class Bungalows.
Katong these days still preserves a fair bit involving old Singapore, using remnants from the wealthy cultural heritage. Probably that explains exactly why it exudes an old-world charm, and more laid-back atmosphere than elsewhere on the island.
Almost in distinction, towards the north in addition to west of typically the Continuum condo, Paya Lebar and Kallang respectively are starting development into attractive economic and way of life hubs. This area therefore combines both worlds; the modern together with the old, the long run with the past.
Residents here have to profit especially coming from the close proximity to the Paya Lebar Central area. This precinct is definitely 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 town.
The site itself has been originally occupied by simply single-storey pre-war properties, flanked by high-rises on both its northern and south. Nevertheless being zoned using a plot proportion of 2. 7 on the 2019 Masterplan, it will now go high-rise too.
It is going to as a result match the heights of its entire neighborhood to its north, east, and instant south. Those neighbours immediately south are mostly standalone private residence blocks. Beyond of which further south, and particularly west, the area is zoned with regard to, and filled along with low-rise landed housing. These span quite a distance, together with open vistas.
Consequently some units may get pocket views among those blocks, southwards over the ended up estate, towards Distance Coast Park. Plus with the wind flow tunnel effect, there exists likely to be plenty of blowing wind flow too.
Being within the RCR produces quick connectivity to town and even other major nodes. Off-peak it will consider under 20 minutes drive to get at Changi Airport, and fifteen minutes to the CBD, via typically the East Coast plus Marina Coastal expressways.
Several bus companies ply Geylang Path nearby too, together with some going into metropolis centre.
While for train solutions, the Continuum condo is about 9 minutes walk in order to Dakota MRT station on the Round Line. Dakota train station is about 15 minutes train ride from Suntec City in addition to Marina Bay.
Typically the Continuum condo is usually also about 13 minutes walk to be able to Paya Lebar interchange MRT station, plus the malls there.
The 2018 / 2019 wave of releases was an interesting one. It noticed a large number of brand-new launches, that in addition included several ultra projects (mainly through former HUDC land). So much therefore that buyers had a feast involving choices, and there are fears that a number of the mega launches may possibly incur ABSD if they could not sell away on time.
Today all those choices, in addition to fears, are lengthy gone. Almost all those projects, which includes the megan kinds, have sold out and about, or are shut to accomplishing this.
Typically the current batch, starting 2021 / 2022, are dominated by simply more average bigger launches. There are usually also fewer associated with them.
This to some extent explains why current launches such because Piccadilly Grand, Liv@MB, AMO Residence, and even Sky Eden possess achieved 75% to 98% sales upon their first time alone. Your greater 605-unit Lentor Modern day cleared 84% on opening, including marketing out all the one and a couple of bedders.
THE CONTINUUM
For the level that many buyers who did not really about the queue range with the balloting, remaining empty-handed.
The Entier launch, at close up to 800 models, will be one of the few big ones now. It will therefore allow buyers in order to stand a far better chance of obtaining their hands about an unit. Also possibly an 1 or 2 bedder. The other good thing about its larger sizing, is of study course obtaining the luxury regarding generous grounds with regard to landscaping and features.

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