Notes

The Continuum Condo
Welcome towards the review of the Continuum condo start at Thiam Siew Avenue. This is definitely a new forthcoming freehold residential growth for sale throughout the Katong area of Singapore.
Katong is considered part of the prime East Shoreline area and falls under District fifteen, within the Water Parade Planning Location. This lies throughout the RCR (Rest of Central Region) zone as identified by URA. It is hence fairly close to the city centre, plus the central economic and business areas of Marina Bay and Raffles Spot.
The Continuum Condominium Site at Katong near Paya Lebar. Overview of Atmosphere
It is additionally one associated with the more eye-catching projects on the particular market in latest years. Not very least because, at shut to 800 units, it is unusually large for the freehold site. Such large freehold websites are prized regarding good reason, while they hold much better value long phrase.
The developer intended for this project is usually a joint endeavor of long phrase partners, Hoi Hup Realty and Sunway Developments. (Their previous launch was Ki Residences near Sunset Way, with really well-designed layouts and nice finishes. )
The Continuum Singapore. Overview
Regarding the particular Continuum condo, this stands out with regard to possessing the biggest freehold land location in recent years. With 263, 794 square ft of land, it can accommodate 500 apartments, making it one of the primary freehold condominiums around.
While freehold condominium launches are usually not unusual, most are on the smaller side, normally under 100 devices. That? s because freehold sites just happen through group or en-bloc sales of old freehold projects or particular person bungalows.
Small freehold sites, however, shortage the grounds for a lot of facilities in addition to gardens. They in addition lack the scale to generate the appreciable volume regarding turnover for rentals and resale, and even so typically appreciate less demand as compared to for larger kinds.
Transaction volume will be important. For costs to move, there must be a continuous flow of current transactions. Banks value a development based on the latest transacted costs. If transactions will be few and significantly between, their evaluated values would not necessarily rise as quickly.
Which is the reason why, freehold launches using over 200 products which might be rarer, like the Continuum condo, attract much more attention. The more units there are, typically the more active and vibrant accommodations plus resale market afterwards. There is more than enough critical mass in order to command interest.
The particular Land for typically the Continuum Condo Web site
The explanation for the property size is because it is an combination of two large development plots. That they, in turn, are usually aggregated from 22 freehold pre-war semi-detached houses and bungalows flanking both sides of Thiam Siew Avenue, a residential street of landed homes beside Tanjong Katong Road.
These kinds of plum sites most belonged to just one family trust. The particular trust sold typically the plots via public tender in The fall of 2021, to Hoi Hup Sunway Developments for S$815 thousand.
According to Galven Tan, Deputy Taking care of Director of Savills Singapore that brokered the offer, Thiam Siew Avenue is a new popular and adult neighbourhood and the particular site an extremely coveted one.
Wong Swee Chun, typically the managing director and chairman of Hoi Hup Realty, mentioned they were serious as the websites are rare freehold ones in eastern Singapore. He developed further to point out,? In today? s i9000 competitive market, many of us are very comfortable of the demand for quality freehold developments, especially for these kinds of big freehold plots in District 15.?
Continuum Condo Area
The Continuum residence site lies between Haig Road and Tanjong Katong Road, within the non commercial enclave of Katong.
Katong, together together with Marine Parade in addition to Mountbatten, form typically the prime private casing estates of Section 15. Which, customarily, ranks one of the most sought after residential districts exterior the central on the lookout for, 10, 11 types.
This area provides, for historical reasons, been mainly filled with private residences, and even a few Good Class Bungalows.
The Continuum Showflat
Katong nowadays nevertheless preserves a reasonable little bit of old Singapore, with remnants from the rich cultural history. Perhaps that explains why it exudes an old-world charm, and more laid-back ambience than anywhere else on the island of st. kitts.
Almost throughout contrast, towards the north and west associated with the Continuum Singapore, Paya Lebar plus Kallang respectively are undergoing development directly into vibrant economic and lifestyle hubs. This location therefore includes both worlds; the brand new with the outdated, the near future with the past.
Residents in this article stand to profit specially from the close proximity to the Paya Lebar Core precinct. This area is simply one out and about of nine chosen to join URA? s pilot Enterprise Improvement District plan, in a commute to rejuvenate typically the city.
The site alone was originally busy by single-storey pre-war houses, flanked simply by high-rises on both the north and southerly. But being zoned with a storyline ratio of a couple of. 8 on typically the 2019 Masterplan, it will now move high-rise too.
It is going to thus match the particular heights of their neighbours to it is north, east, plus immediate south. These neighbours immediately south are mainly standalone non-public apartment blocks. Beyond that further southwest, and especially west, typically the land is zoned for, and stuffed with low-rise landed housing. These span quite a distance, with open vistas.
Hence some products could get pocket views between those pads, southwards over the particular landed estate, to East Coast Area. And with typically the wind tunnel impact, there may be likely to be able to be plenty associated with wind flow also.

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