How to get to Thiam Siew Avenue Investments Pte LTD
Thiam Siew Ave Residences is a new freehold condominium project located at Thiam Siew Avenue in District 15 Singapore. The condominium consists of two development plots sold for S$815 million through a public tender by Hoi Hup Realty and Sunway Developments, making it the largest land sale on record in 2021 through now on. Whether you’re a parent looking for stellar schools to enroll your children into, or if you’re an outdoor enthusiast with a zest for life, there’s something for everyone at thiam siew condo Ave Residences.
Policymakers across Southeast Asia are reaching for both conventional and unconventional instruments available in their toolbox to stem plunging currencies and cool price gains. However, he decided to build the houses there for rental income during the pre-war years. He had originally named the road Thiam Siew Road in 1939 but renamed it Thiam Siew Avenue in 1940.
After close to 80 years, the Wee family has sold all 22 land plots with 25 houses to Hoi Hup Realty and Sunway Developments. These 2 freehold residential sites at Thiam Siew Ave belonged to the legacy of property magnate and hotelier Wee Thiam Siew, who passed away in 1972. The properties are held primarily under Thiam Siew Avenue Investments and Wee Thiam Siew & Co, whose beneficiaries are the members of his family. Such a big freehold land parcel is rare to come by in the sought-after District 15 of Singapore. The 2 land sites were sold for S$815 million to a joint venture between Hoi Hup Realty and Sunway Developments. With so many different and exciting new condo launches in the Singapore property market, it will not be easy for you to decide which new launch condo is suitable for your purchase.
If the road were included, the total plot size would be around 300,000 sq ft. The Wee family is ready to divest the land parcels along Thiam Siew Avenue, and has ap- pointed Galven Tan, deputy managing director of investment sales and capital markets at Savills Singapore, as the exclusive marketing agent. The land that the houses at Thiam Siew Avenue were built on had originally been part of Wee’s private estate at 525 Dunman Road. A decade ago, some of the owners of the terraced houses at Dunman Grove banded together and sold their properties collectively to developer Hoi Hup Realty.
The government had acquired from the family a corner parcel fronting Haig Road, which was n turn offered for sale under the government land sales programme. It was subsequently developed into Dunman View, an 18-storey, 148-unit, high-rise condo completed in 2004. The Continuum is a new launch freehold condominium situated at a prime location along Thiam Siew Avenue in District 15, comprising a total of 805 units ranging from 1 to 5 bedroom layouts. Several amenities and renowned schools can be reached within the vicinity of The Continuum. The land price of the 2.45 ha site, which is zoned residential with a plot ratio of 2.8, translates to about S$1,488per square foot per plot ratio , after an estimated development charge of about S$284 million. The land rate works out to about S$1,440 psf ppr if a 7 per cent bonus on balconies is further taken into account.
Register Your Interest To View the Showflat and Receive VVIP Discounts, Direct Developer Price and E-brochure Due to Covid-19 safe distancing measures, our showflat viewing is strictly by appointment only. The Continuum is a development jointly developed by Hoi Hup Realty and Sunway Developments. Hoi Hup Realty Pte Ltd is an established niche property developer in Singapore founded in 1983. Popular malls such as KINEX, Paya Lebar Quarters, Singpost Centre and I12 Katong are no more than 2 km away from the residence. Even East Coast Park which is packed with a bunch of thematic play areas like Coastal PlayGrove, Xtreme SkatePark and Road Safety Park, is less than 10 minutes’ drive away.
The location of Thiam Siew Residences is between Haig Road and Tanjong Katong Road in prime District 15 in the East of Singapore. Within walking distance are Dakota MRT Station and Paya Lebar MRT Interchange Station. Former Thiam Siew Avenue is within walking distance to two MRT stations, Paya Lebar Interchange MRT station and Dakota MRT station.
Reputable schools in the area include Kong Hwa, Haig Girls’ and Tanjong Katong Primary Schools which are within 1km radius. Aside from the delights that this property offers, the surrounding region also offers a wonderful selection of services. Thiam Siew Residences is predicted to have a high occupancy rate due to its strategic location in District 15.
