In comparison to the bids, the Lumina Grand EC land rate is significantly lower than the $662 psf ppr that was acquired by the Bukit Batok West Avenue 8 EC site in March, which was won by the joint effort of Qingjian Realty and Santarli Construction.
Residents at Lumina Grand EC can take a step towards sustainable living and align with the nation’s vision for a greener future by choosing an eco-friendly commuting option nearby – the JRL. By opting for this green alternative to driving, they can reduce their carbon footprint and enjoy a smooth journey to work.
Lumina Grand EC, located in Bukit Batok West Avenue 5, is a brand new executive condominium developed by City Developments Limited (CDL). During the tender process for this property, four bids were presented. CDL emerged at the top of the competition with an offer of $336.068 million, which translates to a land rate of $626 psf per plot ratio. The bid from Sim Lian Group came in a close second, only 0.17% behind CDL’s bid at $625 psf ppr.
Marina Bay, with its focus on moulding a first-rate waterfront, cultural spaces, and commercial ventures, is expected to draw tourists from all corners of the world as per the URA Master Plan. This is likely to cause a surge in the standard of restaurants, hotels, and retail stores in the vicinity, thus offering inhabitants a variety of amenities and enhanced lifestyles.
Families are likely to find Marina Gardens Lane Residences highly attractive due to its location close to prestigious educational establishments both in the area and globally. With the convenience of living nearby top-notch education opportunities, families whose children are still in school will be able to benefit from the development with their need to commute long distances removed.
Located just a stone’s throw away is the iconic Merlion Park, home to Singapore’s very own mythical mascot. Providing a perfect spot for residents to take a relaxed walk or go for a refreshing jog, the park’s convenience makes it ideal for day and night recreational activities.
However, stellar online representation must be mirrored in reality. When prospective tenants visit, they should be greeted by a property that matches, if not exceeds, their expectations based on the advertisement. A clean environment, functional amenities, fresh aesthetics, and a general aura of care and maintenance can be decisive factors during property viewings. It subtly communicates to the potential tenant that as a landlord, you value quality and have a keen eye for detail. This, in turn, attracts tenants who share a similar mindset and are more likely to maintain the property’s condition.
Located just a stone’s throw away from several popular retail outlets, Wisma Atria has been a mainstay of Orchard Road for many years now at Orchard Boulevard Condo. Filled with a wide array of shopping options, including high-street labels and one-of-a-kind boutiques, it has been updated to accommodate today’s discerning shoppers. Its food republic is a popular draw, serving up a selection of Singapore’s most beloved street food, from Hainanese chicken rice to laksa. Diners seeking variety can also enjoy culinary delights from the mall’s various international restaurants, which serve up anything from Italian to Thai dishes.
A key attribute of the condo is its locational advantage, further heightened by the availability of major expressways. Singapore’s renowned Central Expressway, popularly known as the CTE, is easily accessible. The CTE is a prominent highway that traverses the northern parts of the island, running through the city center before terminating in the south. Drivers can make their way across the island, from Ang Mo Kio’s lush heartlands to the towering skylines of Raffles Place, with great ease and convenience. Furthermore, one can also access the Ayer Rajah Expressway (AYE), which stretches from west to east. Its connections with other expressways enable commuters to easily connect to far-flung destinations like Jurong and Changi for business or leisure.
Upper Thomson Road Condo offers a secure living environment with 24-hour security and surveillance for its residents. To further promote convenience and safety, the condo has implemented smart home features such as digital doormen, facial recognition systems and fingerprint identification to gain entry. These features have proved to be invaluable in providing enhanced security for the condominium dwellings.
Nearby amenities include shopping malls, restaurants, cafes, parks, schools, medical centers, and more.
Residents of Upper Thomson Road Condo will benefit from its optimal location. It is just a few minutes away from Marymount MRT station, ensuring excellent connectivity to the city center. Furthermore, the close proximity to major expressways like the Central Expressway (CTE) and Pan-Island Expressway (PIE) is convenient for vehicle owners. Other than that, this prime location enjoys the added advantage of being close to many retail outlets, eateries, parks, schools, medical centers, and more.
Upper Thomson Road Condo is a display of contemporary sophistication and excellence. Every unit, going from one-bedroom to four-bedroom apartments, has been thoughtfully crafted to provide expansive and practical living areas. Premium quality fixtures and accessories accentuate the extravagant atmosphere, making the condo an icon of trend and sophistication.
The incredible architecture of Lorong 1 Toa Payoh Condo is a work of modern art, seamlessly blending into the cityscape. Every single unit has been meticulously designed with a focus on detail to maximize comfort and luxury. This same level of finesse is also apparent in the communal areas of the condominium, designed to promote a sense of community among the residents while still allowing for privacy.
For those seeking a secondary education, the condominium is conveniently located near CHIJ Secondary School (Toa Payoh), renowned for its solid academic program and diversified co-curricular activities. Moreover, Beatty Secondary School is just a stone’s throw away, with both an express and a normal (academic) stream.
The HDB Hub provides a variety of shopping options, with a FairPrice supermarket for everyday necessities and a Cold Storage supermarket for more exotic and premium products. Food lovers will also not be disappointed, as the Hub boasts a food court offering a selection of both local and international cuisines. Aside from retail and food outlets, the HDB Hub is also home to various essential services, such as banks, clinics and a post office, all in one convenient location.
Tampines Ave 11 Condo is the ideal location for growing families due to the close proximity to a range of top-notch educational institutions. Whether it be for early childhood education or more advanced studies, this development has it all, making it the perfect spot for those who value the importance of education. From primary and secondary schools to universities and colleges, all the necessary facilities are close by, allowing families to easily provide their children with access to quality learning opportunities and an exceptional environment for growing up.
Mixed-use developments are great for encouraging socialization and cultivating an atmosphere of community among those who live there. Thanks to shared amenities, residents have a place to come together and interact, whilst commercial spaces serve as vibrant destinations to meet and interact with each other. This promotes a living environment that is not only attractive, but also offers improved quality of life for all.
The Singapore University of Technology and Design (SUTD), the nation’s fourth autonomous college, is located in the same area. It offers a design-centric educational program focused on encouraging creativity and invention. Having a prestigious university nearby is an excellent benefit for families with older children who may be looking at higher education prospects.
The Kranji Expressway (KJE) ensures convenient access to Singapore’s northern and western regions, adding to the connectivity of Hillhaven Condo. In the near future, the North-South Corridor, a major expressway, will also be up and running, improving accessibility to the city and northern regions of Singapore, providing Hillview Estate’s inhabitants with an even quicker and more direct route.
Overall, Tengah Plantation EC is a great option for those looking for an executive condominium in the western part of Singapore. The development provides a range of residential units and facilities, as well as Tengah Plantation EC being close to a number of amenities and public transport options. The almost triangular plot of land is certainly a unique feature, making the development stand out from the rest.
Tengah Plantation EC is a residential development project located in Tengah, Singapore. The project is a joint venture between Far East Organization and Hong Realty, and is expected to be completed in 2027. It is situated on an almost triangular plot of land spanning 22,020 square meters.
Bukit Batok EC is a prime location near amenities that are desirable for buyers. This prime location is close to amenities like Bukit Batok MRT station, Tengah estate, and the Pan-Island Expressway. As such, it is expected to garner keen interest from developers. A mid-sized parcel of land here can yield as many as 375 residential units. Its tender period will close on March 8 at noon.
Bukit Batok EC is one of the few ECs located in western Singapore. It is a good choice for commuters who want to live close to the city. It is near several amenities and the future Pasir Ris MRT station. However, if you want to live close to the city centre, Tengah EC is a better option. Tengah EC is one of the first of its kind in the West region, and is planned to have a sports hub and natural ventilation.
A recent development, Bukit Batok EC is close to Jurong East Shopping Centre and is located a few minutes’ walk from Bukit Batok MRT station. It has over forty retail outlets, including a children’s play area. The EC is expected to be completed in 2021 and is managed by HDB and the Urban Redevelopment Authority.
As the only private residential project in the neighbourhood, Bukit Batok EC is expected to attract many HDB upgraders and developers. Its convenient location near public transport, hawker centres, and a small supermarket should appeal to families. With a price tag of $650 psf, Bukit Batok EC should prove to be a popular choice among HDB upgraders.
Tengah EC is a convenient place for executives to live. It is within easy reach of the city’s Central Business District, and Jurong Lake District, which is the second largest business district outside of the city center. Additionally, the location is near the Jurong Innovation District, which will be completed around 2022.
Located near the Central Business District, Tengah EC offers a blend of modern living and traditional Singapore charm. The estate is being developed by MCL Land and CDL and will offer high-end residential units. The area is also home to three MRT stations and several shopping malls.
The estate features eco-friendly practices, and is located close to the city center. Residents will also find a number of educational institutions close by. The town centre will eventually feature a school and will be car-free. The project is expected to launch in early October. The price range for the units is expected to be $1200 psf.
With the Bukit Batok EC estimated to be between 375 and 400 units, Qingjian Realty Developer is confident of a higher price tag than market prices. The new project is close to the existing Bukit Batok estate, which should mean strong buyer interest. Moreover, it will also be near the Jurong East Shopping Centre. In addition to this, it will be located within walking distance of the city center and the Jurong East MRT station, which will further add to its appeal.
Located in the western part of Singapore, Bukit Batok EC is one of two ECs in the city-state. It is close to several amenities, including Bukit Batok MRT station. It is also near Pasir Ris MRT station, which is slated to be operational in 2030. With the presence of schools in the vicinity, this EC is a good choice for those looking to live near the city.
Located near Jurong East shopping centre, Bukit Batok EC is a hybrid public-private development. It will feature 37,348 square metres of development and 375 units. The project is expected to attract a diverse group of buyers, including those who are seeking convenient living. Furthermore, the area will be close to the Jurong East MRT station, which is an important factor in determining the price of a property.
Piermont Grand Executive Condominium CDL
The Tampines EC is located at Tampines Street 62. It is close to many shopping malls, major public transport hubs, and the Seletar Aerospace Park. The development will also include a swimming pool, as well as easy access to public transportation. Residents will enjoy a tranquil and serene environment while living in Tampines EC. Moreover, the upcoming condominium will have a convenient location, making it an ideal choice for those looking for a new home near to the Cross Island Line. The Cross Island Line is a new, high-capacity mass rapid transit (MRT) line in Singapore. The first phase of the project will connect Changi to Jurong Industrial Estate. The route will pass through Bukit Timah, Clementi, and West Coast. The government is evaluating two different alignment options. A more detailed design is to be announced soon. The construction project is expected to begin in 2021.
The Tampines EC is near the Tampines MRT station and is home to a large population of people who commute to the city center. The upcoming Parc Central Residences is a mixed-use project that will feature 543 units, or 77% of the total unit size. The development will be completed by April 2021. The EC will have a GFA of 47,964 square meters. Tampines EC is also located near to shopping malls such as Tampines 1. Tampines 1 Shopping Mall in Singapore is located on the central part of the island. Its location is convenient for the residents of Tampines, as well as the nearby districts of Tampines East, West, and North. The mall has 5 storeys and two basements, and it is one of the largest in the country. There are many different types of retail stores, from big-name brands to local favourites. Other shopping centres nearby include Century Square as well. The six-storey Century Square Shopping Mall is situated in Tampines, Singapore, close to the Tampines MRT station. Its design is modern, with six levels of retail and family-friendly services. The complex also features a roof deck with communal spaces, a 24-hour gym, and the first-ever virtual library operated by the National Library Board. It is one of the few shopping malls in Singapore with both a Chinese and Japanese focus.
The Tampines EC is conveniently located near many good schools in Tampines Town. Having a local school nearby will make parenting a lot easier. It will allow parents to plan time accordingly. The kids will not have to worry about being late for school. Furthermore, parents can also opt to walk their kids to school instead of facing the hassles of traffic and long queues. In addition, kids can also budget their time well, as they can walk to school every day.
The location of Tampines EC is convenient for residents of all walks of life. The town center is only a few minutes away. The development is also near major shopping malls and is located near the new MRT station. It is a great location for families, with access to public transport and amenities nearby. The proximity to the city center is one of its biggest advantages. It makes it a convenient place to live. If you work in Singapore Expo, Tampines EC is also located near to Singapore Expo. The Singapore Expo Convention Centre is one of the largest conference venues in Asia, and is designed with over 100,000 square metres of column-free indoor space and 10 halls. It was designed by PSA International and funded by the Ministry of Trade and Industry. The Singapore Expo is one of the largest convention centres in the world. The center has a number of conference rooms available for hire and is perfect for large-scale events. Other offices nearby include Tampines Hub. The Tampines Town Hub will be built in the heart of the Tampines neighbourhood, bringing together shopping, leisure and community services. The new Town Hub will be Singapore’s first integrated lifestyle destination, and will feature top-notch facilities for an active community lifestyle. The centre will be home to the Tampines Regional Library, a new hawker centre and a library. The development will also house the Changi Business Park, the Changi Airport, and the Singapore University of Technology and Design.
The Tampines EC is situated near the Tampines MRT station. The neighbourhood is also home to many international schools and retail stores. Its proximity to the airport is another great advantage. The development will also be near the Tampines MRT station, which is convenient for commuters. The area also enjoys easy access to public transport, which will make it an ideal location for families. Its central location makes it a convenient place to live for both residents and tourists.
The properties of HLHL are managed by a group company , Kingston Property Management Services Private limited (KPMS) with their latest project Piermont Grand Executive Condominium. This company looks after the electrical/mechanical maintenance, security, car parking management and fire safety. It is a registered contractor with the Building and construction authority. Though legal, finance and accounting services are back end services they play an important role in the success of a business, and KPMS also ensures that the HLHL conforms to all the legal and financial regulatory requirements. Piermont Grand reviews will be available soon and the launch date will be posted on the website.
Divisions in Hong Leong Group
HLG is one of the largest business groups in Singapore with companies in Asia Pacific, Europe and Netherlands and their latest project Piermont Grand Punggol Executive Condominium puts a fine addition to the portfolio. It has mainly five different divisions which are dealing with real estate,financial services, hotels,trade and industry and ebusiness. Its group company CDL and along with HLG is the largest private holder of residential land in Singapore which can be developed later, is the largest developer of residential properties and the biggest landlord for commercial properties in Singapore’s central business district. The Millenium and Copthorne Hotels division of the group is listed in the London stock exchange, owns and manages 114 hotels in 18 different countries with a total of 29000 rooms. Hong Leong Finance is the largest finance group in Singapore and is developing new financial products for its customers. The bid for Piermont Grand site indicates that developers are still upbeat for EC Land as there were a total of 17 bids for the plot of land located at Sumang walk. Piermont Grand EC is a joint venture with TID Residential. The company that submitted the bid was CDL Constellation.
Piermont EC Site Plan and Floor Plans
Piermont EC Launch site and floor plans will be available soon. There will be different layouts to cater to different family sizes. Please do keep a lookout here for the latest site and floor plans. Piermont Grand CDL Forum will be available soon with the site and floor plans available.
Different Payment Schemes Available
There will be different payment schemes that are available for the Sumang Walk EC Launch Date that caters to different buyers Piermont Grand. One of them is the normal payment scheme which payment starts based on the construction of the development. The other one is the deferred payment scheme which owners only start the installment when the development is completed. There will be CPF Housing Grants available for both options available. The different payment schemes will mean different pricing psf for the buyers as well as different payment structure.
Strategic Location of Piermont Grand EC Near to Schools
Besides Piermont Grand strategic location near to public transport and shopping centers, Piermont Grand EC is located in the proximity of elite schools which adds more convenient to both children and parents when traveling to and from the school on the daily basis from Piermont Grand Punggol. Kids travel less time meaning they have adequate time to spend on education and doing homework after classes. Also, parents have sufficient time to do their work since they won’t go fetching children back home after classes. Piermont Grand showflat location is at Sumang Walk.
Joint Venture TID Residential Mitsui Fudosan Co and CDL Constellation
A total of 17 bids were received for Piermont Grand site when it was first launched for tender which suggest that developers are on the viewpoint that there is a backlog of ready buyers who are looking for a EC in the Punggol location such as Sumang Walk. Piermont Grand was later awared to a joint venture between City Development Limited subsidiary CDL Constellation and TID Residential. TID Residential is a joint venture between Hong Leong Holdings and Mitsui Fudosan Co. Analysts note that Piermont Grand at Sumang Walk should be well received as there has been an absence of ECs for a long time. Piermont Grand CDL will be a signature waterfront development with full frontage views of My Waterway@Punggol that will be well received by first timer applicants. Piermont Grand Punggol EC will also be well received by 2nd timers who are Punggol HDB upgraders. ECs are a good investment for 1st timers as the price is low compared to other new launches as Executive Condominiums are reserved for 1st timers and HDB upgraders.
Piermont Grand Executive Condo near to Country Clubs in Punggol
Piermont Grand Punggol sits at the city center at Beach Road and boast of being located in the vicinity of elite schools such as Punggol Green Primary School, Punggol View Primary School, Edgefield Secondary School, Horizon Primary School and Edgefield Primary School among others. The available schools of various diversity near to Piermont Grand location offer convenient and reduce traveling time thus making kids perform better and become productive people in the community.
Piermont Grand Punggol is located near to various country clubs which offers affluent individuals a unique platform to meet and have fun as they build social contacts, network and business deals among other things. Some of the highly rated country clubs offering perfect and world-class avenues for gatherings include Raffles town, Singapore Town, The American, The Tanglin, Hollandse, Civil Service, Singapore Polo, as well as Singapore Recreations Clubs providing all facilities among them function room, Golf Course, F&B, swimming pools and many more.
Lower Debts Ratio & Higher Stamps Duty
The government has just introduced a cooling measure which has provoked properties investors to think of new assets classes such as commercial and retail mix developments. Particularly, 2nd properties stamp duty has been increased by 5% from 7% to the current 12%, meaning, the buyers who want to buy 2nd properties have to look at freehold and quantum properties might cost higher in the city center. Comparatively to the recent new launches around the area, Piermont Grand EC pricing of $1,100psf seems to be lower price compared to other developments. ECs (Executive Condominium) will be a good buy due to the rising residential market with new launches around $1,400psf around the area even though Piermont Grand land bid is set at record land prices.
Piermont Grand Executive Condominium for HDB Upgraders
Piermont Grand EC particularly, is a executive condominium and its quantum is lower and therefore the stamp duties is also lower for either a 1st or 2nd property. Another added advantage, Piermont Grand Executive Condo is also found a few meters away from numerous retail centers, offices, and readily available tenants base once it’s completed. Purchasing of Piermont Grand EC is also highly encouraged for HDB upgraders as there is ABSD Remission which would mean that buyers do not have to pay for the ABSD first while waiting for Piermont Grand to be completed.
Business in Punggol Digital District
Businesses in the district will be able to test and adopt the new ideas conceived in SIT. This will, in turn, contribute to a high rate of commercialization success. Being the first enterprise district in Singapore, Punggol Digital District near to Piermont Grand location gives flexibility of land use that enables it to provide greater space. For example, we could have all the SIT research labs and learning facilities located inside JTC business park buildings. Or better yet, JTC could also have industry R&D facilities creating space within SIT’s buildings. Piermont Grand E-Application will be available soon. Please see more details on the Sales Gallery once the showflat opens for viewing and application online. Piermont Grand Executive Condominium will be available soon right at the heart of Punggol Sumang Walk.
Apart from providing an inclusive green environment, the district will also include:
• A hawker center
• Childcare facilities
• Community center
• Public Spaces
Enterprise District in Punggol
All these are aimed at ensuring that all the needs of the community are met including the residents of Piermont Grand. The project is also known as an “Enterprise District” and is so far been studied by the authorities to find out if the same model can be applied in other regions in future. What they are trying to envision is a whole lot of buildings being managed by a centralized system. The system will handle waste management, cooling and logistics for the whole district. With the Punggol Digitial District that is set to be near to Piermont Grand Executive Condominium at Sumang Walk, the development by City Developments Limited will be well received by the public.
Please see Piermont Grand EC CDL Site Plan and Floor Plans for more information with regards to Piermont Grand Sumang Walk EC.