The Continuum Review: Is it a Good Property Investment?

Singapore is a city-state that is known for its high standard of living, its diverse and multicultural society, and its dynamic and competitive economy. However, finding a home that can offer you a freehold tenure, a prime location, a quality design and a lifestyle that suits your needs and preferences can be challenging, especially in the highly sought-after District 15.

That is why The Continuum, a freehold new launch condo in District 15, is a rare gem that you should not miss. The Continuum is a freehold development in the East with 816 units, the biggest freehold new launch project in 2023. It is located along Thiam Siew Avenue, near Katong and Joo Chiat, two of the most culturally rich and vibrant neighbourhoods in Singapore. The Continuum offers a range of unit types from 1-bedroom + study to 5-bedroom penthouse, catering to different needs and preferences of home buyers.

But is The Continuum a good property investment? In this article, we will review The Continuum from various perspectives, such as:

• The developer’s profile and track record
• The location and site map of the project
• The unit mix and floor plans of the project
• The facilities and amenities of the project
• The surrounding attractions and conveniences of the project
• The price list and payment scheme of the project
• The rental yield and capital appreciation potential of the project

By the end of this article, you will have a better understanding of whether The Continuum is worth investing in or not. Can also take reference from another The Continuum Review which dives deeper into the price and rental analyses.

Developer’s Profile and Track Record

The Continuum is developed by Hoi Hup Realty Pte Ltd & Sunway Developments Pte Ltd, two reputable developers with extensive experience in building quality homes in Singapore. Some of their past projects include Rivercove Residences EC, Sophia Hills, Parc Canberra EC, Royal Square @ Novena etc. The Continuum is also designed by P & T Consultants Pte Ltd, an award-winning architectural firm that has been involved in many iconic projects such as Marina Bay Sands, Jewel Changi Airport, The Sail @ Marina Bay etc.

The developers have a proven track record of delivering high-quality projects that meet the expectations of home buyers and investors. They have also received many accolades and awards for their excellence in design, construction, and sustainability. For example, Hoi Hup Realty won the BCA Quality Excellence Award – Quality Champion (Platinum) in 2018 and 20193, while Sunway Developments won the BCA Green Mark Award (Gold Plus) for Parc Canberra EC in 2020.

Location and Site Map

The Continuum is located in District 15, one of the most popular and well-developed residential areas in Singapore. It is close to popular eateries at Joo Chiat/Katong and the trendy Paya Lebar district which has PLQ Mall and Paya Lebar Square. It is also within easy reach of East Coast Park which offers various recreational activities such as cycling, jogging, picnicking, and water sports.

The Continuum occupies two plots of land that are connected by an overhead bridge. The Continuum is well-connected by public transport and major roads. It is within walking distance to Dakota MRT Station (Circle Line) which can bring you to Marina Bay Financial Centre in just 15 minutes. It is also near Paya Lebar MRT Station (East-West Line) which can connect you to Changi Airport in just 10 minutes5. For drivers, it is easy to access the East Coast Parkway (ECP), Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE) which can link you to various parts of Singapore.

Unit Mix and Floor Plans

The Continuum offers a range of unit types from 1-bedroom + study to 5-bedroom penthouse, catering to different needs and preferences of home buyers. The unit sizes range from 560 sq ft for a 1-bedroom + study unit to 2260 sq ft for a 5-bedroom penthouse unit. The units are designed with high ceilings, large windows and balconies to maximise natural light and ventilation. The units also come with quality fittings and fixtures from luxury brands such as V-ZUG, Franke, Laufen, Gessi and Tece.

Some of the units are part of the Prestige Collection that come with an exclusive private lift lobby, enhancing privacy and luxury for residents. These include the 3-bedroom + study, 4-bedroom, 4-bedroom + study and 5-bedroom penthouse units. The Prestige Collection units also have spacious walk-in wardrobes, rain showers in the bathroom.

The Continuum also has a conservation bungalow that will be restored and converted into a clubhouse with function rooms, gymnasium, steam rooms and changing rooms. The bungalow will retain its original features and character, while incorporating modern facilities and amenities for the residents.

Facilities and Amenities

The Continuum boasts a comprehensive range of indoor and outdoor facilities for residents to enjoy. Some of the highlights include:

• A 50m lap pool with jacuzzi and sun deck
• A clubhouse with function rooms, gymnasium, steam rooms and changing rooms
• A tennis court and a basketball half-court
• A children’s playground and a kid’s pool
• A sky terrace with BBQ pavilions, dining lounges and a sky garden
• A rooftop garden with an infinity pool, a sky lounge and a viewing deck

The Continuum is surrounded by lush greenery and landscaping that create a serene and tranquil environment for residents. The development also features a heritage walk that showcases the history and culture of Katong and Joo Chiat.

Surrounding Attractions and Conveniences

The Continuum is not only an attractive freehold development in the East Coast region but also one that offers many benefits for its residents. Here are some of the surrounding attractions and conveniences that make The Continuum an ideal place to live:

• Food: The Continuum is close to popular eateries at Joo Chiat/Katong and the trendy Paya Lebar district which offer a variety of cuisines such as Peranakan, Malay, Chinese, Indian, Western and more. Some of the famous food places include Katong Laksa, Kim Choo Kueh Chang, Sinpopo Brand, Fei Fei Wanton Mee, Boon Tong Kee Chicken Rice, Old Airport Road Food Centre, Haig Road Market & Food Centre etc. Shopping: The Continuum is near several shopping malls that cater to different needs and preferences of shoppers. Some of the nearby malls include PLQ Mall, Paya Lebar Square, Kinex, Parkway Parade, I12 Katong, Katong V etc. These malls offer a range of retail outlets, supermarkets, cinemas, restaurants, cafes and more.
• Education: The Continuum is within close proximity to renowned primary schools such as Kong Hwa School (within 1km), Haig Girls’ School (within 1km) and Tanjong Katong Primary School (within 1km). This gives parents more options when choosing schools for their children under Phase 2C of the Primary One Registration Exercise. There are also many secondary schools, international schools and tertiary institutions nearby such as Chung Cheng High School (Main), Tanjong Katong Girls’ School, Canadian International School (Tanjong Katong Campus), Dunman High School, EtonHouse International School (Broadrick), James Cook University Singapore (Sims Drive Campus) etc.
• Recreation: The Continuum is within easy reach of East Coast Park which offers various recreational activities such as cycling, jogging, picnicking and water sports. East Coast Park is also home to many attractions such as Marine Cove Playground, Big Splash Water Park, Xtreme Skate Park etc. Other leisure attractions near The Continuum include Kallang Riverside Park, Singapore Sports Hub, Gardens by the Bay etc.

Price List and Payment Scheme

The Continuum was launched in April this year and has sold over 280 units so far. The average price of units sold at the project on Thiam Siew Avenue was $2,732 psf. The selling price varies depending on the unit size and facing, but it is generally comparable to some of the nearby freehold developments such as 38 iSuites, Versailia at Haig and Questa@Dunman, which have transacted at an average of $1,800 to $2,100 psf in the past year. The Continuum price is very competitive with the recent 99-year leasehold new launches such as Grand Duman and Tembusu Grand.

The payment scheme for The Continuum is as follows:

• Booking Fee: 5% of purchase price
• Exercise Option: 15% of purchase price within 8 weeks from date of option
• Progressive Payment: Balance 80% of purchase price according to construction stage progress

Rental Yield and Capital Appreciation Potential

The rental yield and capital appreciation potential of The Continuum depend on various factors such as the demand and supply of the property, the location and accessibility of the property, the quality and design of the property, and the market conditions and trends. Based on some of the factors mentioned above, we can estimate that The Continuum has a good potential for rental yield and capital appreciation.

• Demand and Supply: The Continuum is a freehold development in the East Coast region, which is a popular and well-developed residential area in Singapore. There is a high demand for freehold properties in this area, as they are rare and offer more flexibility and security for owners and investors. However, the supply of freehold properties in this area is limited, as most of the land parcels are already developed or reserved for other uses. Therefore, The Continuum has an edge over other leasehold properties in terms of its scarcity value and attractiveness to tenants and buyers.
• Location and Accessibility: The Continuum is located near Katong and Joo Chiat, two of the most culturally rich and vibrant neighbourhoods in Singapore. It is close to popular eateries, shopping malls, schools, parks and other amenities that cater to different needs and preferences of residents. It is also well-connected by public transport and major roads, making it easy to access the Central Business District, Changi Airport and other parts of Singapore. Therefore, The Continuum has a high appeal to tenants and buyers who are looking for convenience and lifestyle in their home.
• Quality and Design: The Continuum is developed by Hoi Hup Realty and Sunway Developments, two reputable developers with extensive experience in building quality homes in Singapore. It is also designed by P & T Consultants Pte Ltd, an award-winning architectural firm that has been involved in many iconic projects. The Continuum offers spacious and functional layouts for its units, with quality fittings and fixtures from luxury brands. It also boasts a comprehensive range of indoor and outdoor facilities for residents to enjoy. Moreover, some of the units are part of the Prestige Collection that come with an exclusive private lift lobby, enhancing privacy and luxury for residents. Therefore, The Continuum has a high standard of quality and design that can attract tenants and buyers who are looking for comfort and elegance in their home.
• Market Conditions and Trends: The Continuum was launched in April this year and has sold over 280 units so far. The Continuum price is also very competitive with the recent 99-year leasehold new launches such as Grand Duman and Tembusu Grand. The Continuum price reflects the strong demand for freehold properties in the East Coast region, as well as the confidence of the developers in the project’s potential. According to analysts, the property market in Singapore is expected to recover from the impact of the Covid-19 pandemic, as vaccination rates increase and border restrictions ease. This could lead to more demand from foreign buyers and investors who are looking for stable and attractive properties in Singapore. Therefore, The Continuum could benefit from the positive market conditions and trends in the future.

Based on these factors, we can conclude that The Continuum is a good property investment that can offer you a high rental yield and capital appreciation potential.