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Typically the Continuum Condo
Welcome towards the review of the Continuum condo launch at Thiam Siew Avenue. This is definitely a new future freehold residential development for sale in the Katong area of Singapore.
Katong is considered part of the prime East Coastline area and falls under District 12-15, within the Ocean Parade Planning Location. This lies in the RCR (Rest of Central Region) zone as defined by URA. It is hence comparatively close to the particular city centre, and the central monetary and business areas of Marina Bay and Raffles Location.
The Continuum Condominium Site at Katong near Paya Lebar. Overview of Atmosphere
It is usually one regarding the more appealing projects on typically the market in recent years. Not very least because, at near to 800 models, it is extraordinarily large for a freehold site. Like large freehold websites are prized intended for good reason, since they hold much better value long phrase.
The developer regarding this project is usually a joint endeavor of long term partners, Hoi Hup Realty and Sunway Developments. (Their previous launch was Ki Residences near Sun Way, with really well-designed layouts in addition to nice finishes. )
The Continuum Singapore. Overview
The Continuum Showflat
In the matter of the particular Continuum condo, this stands out intended for possessing the most significant freehold land place in recent years. With 263, 794 square foot of land, it can accommodate eight hundred apartments, making this one of the biggest freehold apartments around.
While freehold condominium launches are usually not very rare, virtually all are on the particular smaller side, typically under 100 models. That? s since freehold sites just take place through ordinaire or en-bloc product sales of old freehold projects or personal bungalows.
Small freehold sites, however, absence the causes for a lot of facilities in addition to gardens. They also lack the size to generate a good appreciable volume of turnover for leases and resale, in addition to so typically enjoy less demand as compared to for larger types.
Transaction volume is important. For rates to move, there must be an ongoing flow of latest transactions. Banks worth a development using the latest transacted rates. If transactions are usually few and considerably between, their assessed values would not rise as quickly.
Which is why, freehold launches along with over 200 devices which can be rarer, just like the Continuum condo, attract far more consideration. The more units there are, typically the more active in addition to vibrant accommodations plus resale market later. There is plenty of critical mass to command interest.
The Land for the particular Continuum Condo Site
The reason behind the terrain size is because this is an amalgamation of two significant development plots. These people, in turn, are aggregated from twenty two freehold pre-war semi-detached houses and bungalows flanking both factors of Thiam Siew Avenue, a non commercial street of ended up homes beside Tanjong Katong Road.
These types of plum sites almost all belonged to a single family trust. The particular trust sold the plots via open public tender in The fall of 2021, to Hoi Hup Sunway Improvements for S$815 mil.
According to Galven Tan, Deputy Handling Director of Savills Singapore that brokered the deal, Thiam Siew Avenue is a new popular and adult neighbourhood and the particular site a very coveted one.
Wong Swee Chun, typically the managing director in addition to chairman of Hoi Hup Realty, said they were interested as the internet sites are rare freehold ones in far east Singapore. He elaborated further to state,? In today? s competitive market, we are very assured of the desire for quality freehold developments, specifically for these types of big freehold plots in District 12-15.?
Continuum Condo Place
The Continuum residence site lies involving Haig Road plus Tanjong Katong Path, within the household enclave of Katong.
Katong, together with Marine Parade in addition to Mountbatten, form the particular prime private real estate estates of Section 15. Which, customarily, ranks being among the most desired residential districts outdoors the central nine, 10, 11 ones.
This area provides, for historical factors, been mainly booming with private houses, as well as a several Good Class Bungalows.
Katong today still preserves a good bit of old Singapore, with remnants from the rich cultural traditions. Perhaps that describes why it delivers an old-world attraction, and more laid-back ambience than somewhere else on st. kitts.
Almost inside contrast, towards the upper and west of the Continuum Singapore, Paya Lebar and Kallang respectively will be undergoing development directly into vibrant economic in addition to lifestyle hubs. This particular location therefore combines both worlds; the brand new with the aged, the forthcoming with the particular past.
Residents right here stand to profit specially from the shut proximity to the particular Paya Lebar Core precinct. This area is simply one out and about of nine chosen to join URA? s pilot Business Improvement District plan, in a push to rejuvenate the particular city.
The website on its own was originally busy by single-storey pre-war houses, flanked by high-rises to both the north and south. But being zoned with a story ratio of 2. 8 on the particular 2019 Masterplan, it will now move high-rise too.
It will thus match the heights of the neighbours to their north, east, and immediate south. Individuals neighbours immediately southwest are mainly standalone personal apartment blocks. Past that further southwest, and especially west, the land is zoned for, and stuffed with low-rise got housing. These span quite a mileage, with open scenery.
Hence some devices could get pocket opinions between those hindrances, southwards over the particular landed estate, toward East Coast Park. And with the particular wind tunnel result, there may be likely to be able to be plenty involving wind flow too.

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