The Continuum spent S$815m for acquisition costs and S$284m for development costs
The Continuum Thiam Siew Ave New Launch consists of 22 freehold home parcels with a combined area of 26,794 square meters. The Continuum has two construction sites along Thiam Siew Avenue, totaling 263,794 square feet. ft. The 2019 Masterplan classifies its properties as "Residential," with plot percentages ranging from 2.8.
Due to its close proximity to two MRT stations (CC8 Dakota MRT Station and EW8/CC9 the Paya-Lebar Interchange MRT Station), the Paya Lebar Central precinct, the first Business Improvement District (BID) pilot project outside of downtown's CBD, is anticipated to reap the benefits.
Some of the most prestigious schools in the area, such as Kong Hwa, Haig Girls', and Tanjong Katong Primary Schools, are only a kilometer away from the CBD.
The Continuum properties are located in "Residential," which, according to Masterplan 2019, has an average area of about 2.8 acres. In district 15 to the east, Hoi Hup Realty and Sunway Developments' joint venture paid $815 million for two freehold properties on Thiam Siew Avenue.
Between Tanjong Katong Road and Haig Road are the places. When you consider the S$815 million acquisition cost and the S$284 million development cost, the land is worth about S$1,488 for per individual. In addition to the estimated land value of S$1,440 and the estimated construction cost of S$39.3 million, you will receive 7% more per acre.
According to recent information, The Continuum developers might buy either Plot 1 or Plot 2, or even both. The combined size of both houses would be 263,797 square feet.
Paya Lebar Core The central zone of the subregion comprises Thiam Siew Avenue. In close proximity to Paya Lebar Central, the MRT Paya Lebar Interchange Station, Paya Lebar Square, and Paya Lebar Quarter (PLQ), it is a well-connected, well-liked condominium (CRL and EW Lines). Two of the area's finest primary schools, Tanjong Katong Primary School and Kong Hwa School, are located a few kilometers apart from Thiam Siew Avenue.
The extensive range of personalized features and services provided with a welcoming attitude make the lifestyle of Thiam Siew Avenue New Launch one to remember as one of the most opulent.
Your house's security can be boosted by smart home technology, and you have a lot of additional possibilities.
An array of leisure facilities
Take a break and enjoy the lush forest that is bursting with trees, as well as the natural beauty. Start your day early and begin yoga before sunrise, or schedule the activities of your child during the evening. The location and time is yours to decide.
Make sure your mind and body energized by taking a dip in the pool
A gathering of friends or family can be held privately in the relaxing Pavilion. Take a relaxing outdoor meal while watching the children playing around on grass.
Hoi Hup Sunway is the name of the partnership that has been formed with Hoi Hup Realty and Sunway Developments. The partnership brings together the experience of two experienced real estate experts. The partnership that has proven to be extremely profitable, has resulted in several highly profitable developments, such as Rivercove Residences, Royal Square at Novena, City View at Boon Keng, and The Peak at Toa Payoh.
One of their latest developments, Sophia Hills, has been awarded gold in three different competitions including three competitions: the EdgeProp Singapore Excellence Award 2020 for the most outstanding design (Residential Central), the FIABCI Singapore Property Awards to be presented in 2019 as well as the FIABCI World Prix d'Excellence Awards 2020 (Mid-rise Residential and Heritage).