The private condominium market is heating up, and home prices in the East are rising. Greater demand for private condominiums in the Marine Parade and Tanjong Katong areas suggests that purchasing a private home in these areas can be a good investment. According to the URA Marine Parade Master Plan, the area will be revitalized with new commercial developments, recreational areas, and additional train lines.
The private condominium market is heating up, and home prices in the East are rising. Greater demand for private condominiums in the Marine Parade and Tanjong Katong areas suggests that purchasing a private home in these areas can be a good investment. According to the URA Marine Parade Master Plan, the area will be revitalized with new commercial developments, recreational areas, and additional train lines. The upcoming Tanjong Katong MRT station on the Thomson-East Coast Line will provide residents with improved connectivity. Because of this improved accessibility, The Continuum, a condominium in District 15, is an excellent investment for both homeowners and investors. Now is the time to learn more about The Continuum’s launch price and price list
The Continuum floorplan is available and is expected to be a fantastic development for investors, young couples, and large families, with approximately 800 residential units total and a good mix of apartments ranging from one to four bedrooms. The Continuum floorplan here provides a warm and friendly environment for a luxurious
The joint venture between Hoi Hup Realty and Sunway Developments has acquired the Thiam Siew site, a parcel of land between Tanjong Katong Road and Haig Road at Thiam Siew Avenue, Tanjong Katong D15, in Singapore.
The $815 million deal, which came through a competitive bidding process, will see the joint venture acquire ownership of the two plots, which are earmarked for residential development. The land has an area of 263,794 square metres and a plot ratio of 2.8, per the 2019 Master Plan URA.
Considering the purchase price and estimated development costs of approximately $284 million, the land price is approximately $ 1,488 per square metre. Including the estimated 7% balcony area, or approximately $39.3 million, the land price is $1,440 psf ppr.
According to the project developers, two luxury high-rise complexes with more than 800 residential units will be built on the site. Due to its strategic location in prime District 15, the project is expected to be well received in the market.
The two renowned property developers have joined forces in a joint venture to strengthen their presence in Singapore’s Central Area. The location will enable them to capitalise on the area’s potential and provide their customers with comfortable living spaces and unparalleled convenience.
Website: The Continuum Pricelist