Piermont Grand EC

Find out on this upcoming executive condominium development, Piermont Grand, in District 19, please click on the following links:

Fun, pleasure, convenience, connectivity, safety, and comfort – these are what you should expect from Piermont Grand, an EC at Sumang Walk. The executive condominium development is less than 10 minutes’ walk from Sumang LRT station, Punggol MRT/LRT station as well as a bus interchange. It enjoys excellent connectivity to various parts of Singapore through Kallang-Paya Lebar Expressway (KPE), Tampines Expressway (TPE), and major arterial roads, which makes the CBD and Orchard Road only 25 minutes’ drive away. Future occupants of this condominium will enjoy easy access to many shopping, entertainment, and dining options due to its close proximity to Seletar Mall, Punggol Plaza, and Waterway Point.

Residents with children will find Piermont Grand interesting due to its close proximity to many schooling options. For instance, over 10 recognised primary schools are within a radius of 2 kilometres from the development. They are Horizon Primary School and Mee Toh School. Other schools of high repute near the upcoming executive condo include Anchor Green Primary School, Compassvale Secondary School, Punggol Secondary School, and Nan Chiau High School.

(Pending approval for Sale / Seeking indication of interest)

THE PIERMONT GRAND LOCATION MAP

Residents who want to acquire professional skills can comfortably do so at the new campus of the Singapore Institute of Technology (SIT). The convenient location of SIT along with JTC’s business grounds will foster knowledge trade-off and strategic partnership among learners, faculty, and industry experts. What’s more, URA has recently revealed that Punggol district. Where SIT is located will serve as the first Digital District in Singapore. This district will see an integration of business and education as well as the incorporation of technology and innovation. It will consist of areas of the digital economy like artificial intelligence, cyber security, and Internet of Things (IoT) that will run the country’s Smart Nation program.

THE PIERMONT GRAND PRICE

According to an article on Straits Times, CDL and TID is the top bidder for this land parcel. With a bidding price of $583.01 psf ppr. As for Piermont Grand EC price, basing on the land price plus calculating the construction cost, legal fees, marketing cost and others. The selling price could be around S$1,100 to S$1,200 per square foot. Please contact us at 61001778 or register your interest for the indicative price.

PROJECT DETAILS

Project Name	Piermont Grand
Address	No. 22, 24, 26, 28, 30, 32, 34, 36, 38, 40, 42, 44, 46, Sumang Walk, Singapore
Developer	Pavo Properties Private Limited (CDL Constellation Private Limited & TID Residential Private Limited)
Description	Proposed Executive Condominium development with recreational facilities
District	19
Tenure	99-years Leasehold with effect from 4th June 2018
Total Units	About 820 units
Site Area	Approx. 291,235 square feet
Expected T.O.P.	28th February 2023
Expected Completion	To be advised
Unit Types	3 Bedroom : 840 to 990 sqft (No Utility / No WC / No Yard) 3 Bedroom Superior : 904 to 1044 sqft (With Utility) 3 Bedroom Deluxe : 947 to 990 sqft (With Utility + WC) 3 Bedroom Premium : 1,012 to 1,130 sqft (With Utility + Yard + WC) 4 Bedroom Premium : 1,302 to 1,367 sqft 5 Bedroom Premium : 1,432 to 1,507 sqft

ABOUT THE DEVELOPER

CDL is a respected international real estate company with offices in more than 100 locations throughout 28 nations and regions. The Singapore-listed real estate powerhouse is one of the biggest companies in terms of market capitalisation. Its extensive and ever-expanding portfolio consists of residences, hotels, modern offices, mixed-use developments, serviced apartments, and shopping malls. These include New Futura, Whistler Grand, Coco Palms and many more.

The company has demonstrated a record of achievement spanning over five decades in the world of real estate investment, management, and development. It owns lettable floor area of more than 18 million square feet across the globe. And it has developed more than 40,000 properties. Its huge and diverse land bank provides a stable development pipeline not only in Singapore. But also in its foreign markets of the UK, Australia, China, and Japan.

PIERMONT GRAND SITE PLAN

The upcoming executive condominium is expected to be the only executive condominium to hit the market in 2019. City Developments Limited (CDL) together with TID Residential is behind the development of this executive condo. It will most probably consist of 13 apartments of 10 to 17 stories with approximately 820 units and an underground car park.