What’s driving The Continuum’s sales surge in District 15?

The Continuum recorded the highest sales volume among District 15 condos over the past 12 months. A total of 202 units were transacted, more than twice the number at the next best-selling project.

This was despite its average price of $2,760 psf being higher than several peers in the district, a premium that may partly reflect its freehold tenure.

As at July 25, 2026, the 816-unit freehold development along Thiam Siew Avenue was 97% sold, leaving 24 units, all within the Prestige Collection. The project is therefore on track to sell out about three years after its May 2023 launch.

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Developed by Hoi Hup Realty and Sunway MCL, the project sits on two plots divided by Thiam Siew Avenue and is linked by a private pedestrian bridge. Each plot has three blocks of units, ranging from 17 to 18 storeys. The site is bordered by Tanjong Katong Road and Haig Road. The project offers one- to five-bedroom units ranging from 560 sq ft to 2,260 sq ft. The Continuum is expected to attain its temporary occupation permit (TOP) in the second quarter of 2027.

The recent sales run was nearly as strong as the project’s May 2023 launch weekend, when 205 units were sold. The pace of take-up, however, has varied considerably by unit type.

Absorption rate differed by unit type

Two-bedroom units were the first to sell out, with 43% taken up in the launch month alone. Overall, sales averaged about 10 units a month until the remaining units were sold in December 2025. Absorption of three- and four-bedroom units rose more gradually over the same period, reaching 79% and 69%, respectively, by December 2025 (see Chart 1).

One-bedroom units saw a much sharper pickup in sales. Fewer than 20% had been sold by October 2025, but absorption rose to more than 60% by December and reached 100% by July 2026.

Five-bedroom units followed a different trajectory. For roughly 19 months, only about 9% had been sold. Sales then picked up sharply between April and July 2026, when 13 units were transacted, accounting for 41% of the project’s 32 five-bedroom units.

One-bedroom prices fall below launch levels

The final one-bedroom unit sold at about 8% below launch levels, based on the storey-adjusted price index. Compared with the unit type’s peak in 2Q2025, prices were 11% lower.

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Transaction data also shows a consistent price adjustment across four stacks — #4, #13, #34 and #43 — beginning on Nov 28, 2025.

The storey-adjusted average price fell from $2,824 psf for the first 13 transactions to $2,511 psf for the next 55. Meanwhile, the average transaction price declined from $1.53 million to $1.41 million.

Prices across the four one-bedroom stacks converged to between $1.34 million and $1.43 million over the course of a week.

These stacks also accounted for 134, or 71%, of the 189 instances across the project where a higher-floor unit sold for less than an earlier transaction on a lower floor (see Table 1). For example, a ninth-floor unit in stack #13 sold for $1.34 million in December 2025, 16% below the $1.59 million paid for an eighth-floor unit 19 months earlier.

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Elsewhere in the project, prices are resilient

Excluding one-bedroom transactions, the mix-adjusted price index rose 5% from launch to a peak in 1Q2025. Prices then eased by a modest 2%, suggesting stabilisation rather than a broader correction (see Table 2).

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On a storey-adjusted basis, the average price was about $2,913 psf at the peak, compared with $2,768 psf at launch.

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Two-bedroom units sold out at their peak, with the final transaction in December 2025 achieving the highest psf price for the unit type, at 9% above launch levels.

Three-bedroom units recorded the strongest price performance, with their storey-adjusted average psf price about 7% above launch and currently at its peak.

Combined, four- and five-bedroom units remained 3% above launch levels, despite easing 2% from their 1Q2025 peak.

Five-bedroom units on their own, however, showed a different trend. Their average storey-adjusted psf price across 2026 transactions was 3% below the average of the first three sales.

Higher commissions for agents

According to agents who spoke to EdgeProp Singapore, the developer has raised commissions on unsold units to about 5%, compared with the 2.5% to 3% typically offered at new launches.

Higher commissions can give agents a stronger incentive to market a project’s remaining units, and may have contributed to the recent pickup in sales.

TOP in 2Q2027 shortens wait for buyers

With TOP expected in 2Q2027, buyers purchasing a unit at The Continuum now face a wait of less than a year to completion.

For owner-occupiers, that provides greater certainty over when they can move in.

Investors, meanwhile, will be able to lease out their units sooner and potentially offset mortgage costs with rental income.

Factors that drove the recent sales pickup

The project’s recent sales momentum appears to have been supported by three factors.

First, the pricing adjustment for one-bedroom units from November 2025 coincided with the sale of about 80% of that unit type.

Second, the developer’s higher commission of about 5%, compared with the usual 2.5% to 3%, gave agents a stronger incentive to market the remaining units.

The third factor is timing. With TOP expected in 2Q2027, completion is now less than a year away, compared with about two years at the same point last year. The shorter wait could make the project more attractive to buyers seeking near-term possession.

Note: This analysis is based on EdgeProp Singapore’s compilation of URA caveat and developer transaction data for The Continuum from launch to July 25, 2026. Prices were adjusted for differences in floor level to provide a more consistent comparison of price movements over time.