Overview Rating
The Continuum is a freehold development in District 15. Freehold properties generally have better potential for capital appreciation compared to leasehold properties as they don’t have a fixed lease period that may devalue the property over time.
Tenure
The Continuum enjoys a good resale potential due to its prime location close to MRT stations and amenities such as schools and shopping malls. Its freehold tenure further enhances its resale value since there’s no lease expiry concern for buyer
Amenities
The indicative sale price per square foot (PSF) for The Continuum ranges from $2,586 onwards. This is slightly above the average PSF price of $2,294 for condos in the Rest of Central Region (RCR). Although it’s higher than the RCR average, considering its freehold status and excellent location with nearby amenities, it might be justifiable.
Future Development
The surrounding area of The Continuum has potential for future development as part of the URA Masterplan for Kallang, which will see the rejuvenation of Kallang River and increased connectivity for pedestrians and cyclists. Additionally, Paya Lebar Central precinct is undergoing revitalization efforts to increase employment opportunities and enhance the cityscape.
Sale PSF Price
The proximity to MRT stations and various amenities make The Continuum attractive to renters looking for convenience and accessibility in their living space. Singapore’s average rental yield is around 3-4%, and given the prime location of this development within District 15 along with nearby amenities, The Continuum could achieve a similar or potentially higher rental yield.
Resale Potential
The surrounding area of The Continuum has potential for future development as part of the URA Masterplan for Kallang, which will see the rejuvenation of Kallang River and increased connectivity for pedestrians and cyclists. Additionally, Paya Lebar Central precinct is undergoing revitalization efforts to increase employment opportunities and enhance the cityscape.
Rental Yield
The Continuum scores well across various factors, including proximity to amenities, leasehold tenure, resale potential, rental yield, and future development plans in the surrounding area. Its sale PSF price slightly above RCR average may be a concern for some buyers; however, given its freehold status and prime location with strong growth prospects in the region, it offers good value overall.
The Continuum is an exclusive freehold condominium located at Thiam Siew Avenue, in the popular District 15 of Singapore. This luxurious development comprises a total of 816 residential units, ranging from 1 to 5-bedroom penthouse units. Residents can enjoy a wide array of top-notch amenities, including two clubhouses, sky gardens, swimming pools, fitness centers, and more.
Location
The Continuum is situated in close proximity to several MRT stations such as Dakota and Paya Lebar. The location offers convenient access to public transportation, schools, shopping centers, and eateries. Major expressways like Kallang-Paya Lebar Expressway (KPE), Pan Island Expressway (PIE), East Coast Parkway (ECP), and Nicoll Highway are also easily accessible for drivers.
Pros:
- Within a 10-minute walk to Dakota MRT and Paya Lebar MRT stations
- Near reputable primary schools including Kong Hwa School, Haig Girls’ School, and Tanjong Katong Primary School
- Short drive to popular eateries at Joo Chiat/Katong and the trendy Paya Lebar district with malls like PLQ and Paya Lebar Square
- Close proximity to East Coast Park
Cons:
- Limited number of parks in the immediate vicinity
- Traffic congestion during peak hours
Units
The Continuum’s residential units come in various sizes and layouts suitable for different types of residents. The condo offers both Signature and Prestige Collection unit types with luxurious fittings from brands like V-ZUG, Franke, Laufen, Gessi, and Tece. Some units even have private lifts for enhanced privacy.
Pros:
- Wide range of unit types catering to different preferences
- High-quality finishes from luxury brands
- Unique features such as private lifts
Cons:
- Smaller units might lack storage space
- Some floor plans may not be as efficient in utilizing space
Price
The Continuum’s indicative price range starts from $1,448,000, with a sale psf range of about $2,586. Considering the prime location, freehold status, and premium amenities offered by this development, the price point appears to be competitive compared to other developments in the area.
However, it is important for potential buyers to weigh the advantages and disadvantages of The Continuum against their specific budget and preferences before making a decision.
Conclusion
In conclusion, The Continuum offers an attractive investment opportunity for prospective homebuyers seeking luxurious living in a highly sought-after location. With its excellent connectivity, proximity to reputable schools and popular dining spots, and a wide array of top-notch amenities within the development itself, residents can enjoy a high-quality lifestyle.
While there are some drawbacks such as potential traffic congestion during peak hours and limited parks nearby, these concerns might be outweighed by the many strengths of The Continuum. Ultimately, it is crucial for potential buyers to carefully assess their own needs and priorities before deciding if The Continuum represents the right investment for them.
