Not Known Facts About The Continuum Condo

Nestled in the prime District 15 in the East,The Continuumis located along Thiam Siew Avenue, engulfed by Tanjong Katong Road and Haig Road. It is a new freehold residential development that spans 269,995 sqft of land. The residence offers 816 condominium units with 1 to 5-bedroom layouts and a wide array of indoor and outdoor amenities.

Welcome to the Continuum Preview Launch starting 21 April 2023 from S$1.448M up. This is a new upcoming freehold residential development for sale at Thiam Siew Avenue in the Katong neighbourhood of Singapore.

It is one of the most attractive projects on the market currently, and definitely merits a viewing. Besides its location in Katong, and freehold status, the site layout has a number of interesting features and nice touches. The units themselves are also really well done functional, efficient, and with a certain appeal.

Drop by to take a look at the showflat, and see what we mean.

Katong is considered part of the prime East Coast area and falls under District 15, within the Marine Parade Planning Area. This lies in the RCR (Rest of Central Region) zone as defined by URA. It is hence relatively close to the city centre, and the central financial and business districts of Marina Bay and Raffles Place.

The other big advantage that Continuum has, is that, at 816 units, it is unusually large for a freehold site. Such large freehold sites are prized for good reason, as they hold better value long term.

The developer for this project is a collaboration of long term partners, Sunway Developments and Hoi Hup Realty. (Their last launches were Ki Residences near Sunset Way, and Terra Hill at Pasir Panjang.)

The Continuum Singapore . Overview

In the case of the Continuum condo, it stands out for possessing the largest freehold land area in recent times. With 269,995 square feet of land, it can accommodate 816 apartments, making it one of the biggest freehold condos around.

While freehold condominium launches are not very rare, most are on the smaller side, usually under 100 units. Thats because freehold sites only come about through collective or en-bloc sales of old freehold projects or individual bungalows.

The Continum Condo Location

Small freehold sites, however, lack the grounds for lots of facilities and gardens. They also lack the scale to generate an appreciable volume of turnover for rentals and resale, and so typically enjoy less demand than for larger ones.

Transaction volume is important. For prices to move, there must be an ongoing flow of recent transactions. Banks value a development based on the latest transacted prices. If transactions are few and far between, their assessed values would not rise as quickly.

Which is why, freehold launches with over 200 units that are rarer, likethe Continuum condo, attract much more attention. The more units there are, the more active and vibrant a rental and resale market later. There is enough critical mass to command interest.

Artists Impression . The Continuum Condo

The faade features full height glass curtain walls large picture-frame windows, to accentuate the height and make the most of the views.

The Land for the Continuum Condo Site

The reason for the land size is because it actually comprises two large development plots. They, in turn, are 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 plum sites all belonged to a single family trust. The trust sold the plots via public tender in November 2021, to Hoi Hup Sunway Developments for S$815 million.

According to Galven Tan, Deputy Managing Director of Savills Singapore that brokered the deal, Thiam Siew Avenue is a popular and mature neighbourhood and the site a highly coveted one.

Wong Swee Chun, the managing director and chairman of Hoi Hup Realty, said they were interested as the sites are rare freehold ones in east Singapore. He elaborated further to say, In todays competitive real estate market, we are very confident of the demand for quality freehold developments, especially for these big freehold plots in District 15.

The Continuum Singapore . Key Features Summary

The Only Large Scale New Freehold Launch. A Generational Asset Legacy in Perpetuity.

Comprising two sites bridged by private overhead skywalk.

Two sky gardens sky gyms one at the north site, and the other at the south site.

Units are orientated north and south to capture the two different vantage views.

Also views to the CBD (new) on the west side, and to Katong / Joo Chiat (old) on the east.

Two distinctive collections of unit types / layouts.

Landscape facilities that transform form, space, and culture.

Preservation of heritage conservation of Thiam Siew House as a unique clubhouse.

Thiam Siew Avenue to be upgraded into wider road, with trees and manicured landscaping.

Development is targeting to achieve Green Mark Platinum Super Low Energy rating.

Website :https://the-continuum-at-thiam-siew-avenue.com/

Address: 4 Thiam Siew Avenue, Singapore 436842

Email:sale@the-continuum-at-thiam-siew-avenue.com

Telephone number: +65 6100 8585