The Wee
family sold two parcels of freehold land on Thiam Siew Avenue, a residential
plot for $815 million, or $1,488 per psf per plot ratio, to a joint venture
of Hoi Hup Realty and Sunway Developments. Considering that the plots on
Tanjong Katong Road are freehold, market observers expected that sellers
would command premium prices. The Contnuum is located a short distance from 2
MRT stations (EW8/CC9 PayaLebar Interchange MRT Station, and CC8 Dakota MRT
Station), so their proximity to PayaLebar Central Precinct may imply greater
demand from buyers once the sites are fully developed. The Continuum