Thiam Siew Avenue New Launch Condo Hoi Hup
In addition, top schools such as Kong Hwa School, Tanjong Katong Primary School, and Haig Girls’ Primary School are all within a 1-km radius. It was noted that the subject sites are within walking distance to both Dakota MRT Station and Paya Lebar MRT Interchange Station. District 15 is a mature and established neighborhood that is rich in culture and heritage and offers excellent connectivity and convenience.
Thiam Siew Avenue is located in District 15 and is regarded to be part of the excellent East Coast region. A corner section of the land at Haig Road had been acquired by the government from the family and offered for sale under the government land sales program. Dunman View is an 18-story high-rise condo with 148 units and was completed in 2004. After securing the highly coveted freehold site at the former thiam siew condo, the developer has plans for two luxury high-rise condominiums with more than 800 units.
Based on a sale price of S$815 million and an estimated additional development cost of around S$284 million, the land price is expected to be around S$1,488 ppr. Including the 7% balcony bonus (estimated development cost S$39.3 million), the land price equates to approximately S$1,440 ppr. This site is poised to benefit from their close proximity to Paya Lebar Central precinct, URA’s first Business Improvement District pilot programme outside the CBD. The precinct is envisaged to be developed into a lively commercial centre with vibrant and attractive community spaces. This paves the way for greater liveability and interconnectedness and will provide an attractive and accessible location for businesses which do not need to be within the CBD.
Residents can look forward to exciting happenings in the neighbourhood and a great variety of recreational, retail and dining spaces just minutes’ away from the residence. At The Continuum, residents can enjoy a nice mix of social, recreational and fitness facilities designed to enhance their contemporary lifestyle. Residents can work up a sweat at the various sporting spaces including the gymnasium, tennis court or swimming pool, or enjoy a time of bonding with friends and families at the Clubhouse, BBQ pits or relaxing pavilions.
The cinema closed sometime in the 1990s, and became home to City Harvest Church at one point, followed by a food centre and then Sheng Siong supermarket. This magnificent development at Thiam Siew Residences offers a wide choice of properties to guarantee that prospective tenants may choose a comfortable house that suits their lifestyle. Large rooms with contemporary furnishings and equipment are included in each dwelling unit. With about 800+ units from 1 to 4 bedrooms, homebuyers here can choose their choice units based on what suit them best.
It had been owned and operated by members of the Wee family until December 2010, when they decided to put both Lion City Hotel and the adjacent Hollywood Theatre up for sale by tender. At the close of the tender in January 2011, Singapore- listed UOL Group announced that it had purchased Lion City Hotel and Hollywood Theatre for $311 million. The complex is within walking distance of Dunman High School, Kong Hwa School, and Tao Nan School. There are more foreign schools in the area, however they are located in a separate area.
It is known that two sites at Thiam Siew Avenue, sitting between Haig Road and Tanjong Katong Road in prime District 15 in the east. This latest project to change hands is within walking distance of two MRT stations, Paya Lebar Interchange and Dakota, and about 10 minutes’ drive from the central business district. The land can accommodate 414 and 393 units respectively for the north and south plots, based on an average size of 85 square metres . Redevelopment of this site into a mixed-use development included the four-storey Kinex mall with 202,191 sq ft of net lettable space; and the Katong Regency housing project comprises 3 blocks of 9 to 10 storeys.