Piermont Grand Executive Condominium Updates

: Check out the latest site plan and floor plans here.

15-Sep-2019: New EC Ceiling of $16,000 brings more buyers to Piermont Grand!

14-Sep-2019: Piermont Grand 3, 4, and 5 Bedroom units available for selection.

02-Aug-2019: Choice Units available at Piermont Grand.

01-Aug-2019: Piermont Grand Showflat Begins on 12 July - 21 July.

28-Jul-2019: Sumang Walk EC Launching for Sale soon by City Developments Limited.

26-Jul-2019: The only Executive Condominium for sale in 2019. Total 820 Units.

25-Jul-2019: Owning a Waterfront facing Property for the privileged class.

Piermont Grand EC Project Information

Project NamePiermont Grand
Address of DevelopmentSumang Walk
Project DeveloperCDL Constellation Pte. Ltd. and TID Residential Pte. Ltd.
Tenure99 Years Leasehold Development
District19 / Punggol
Site Area291,126 sqft
Gross Floor Area873, 378 sqft
No of Blocks13
No of Storeys9 to 17
No of Units820 Residential Units
TOP28 February 2023

Register Interest Here

(Direct Developer Sales Team)

    Location of Piermont Grand

    Located in the western region of Singapore, Tengah is undergoing a massive transformation from an industrial area into a sustainable and self-sufficient town. It is also the first town in Singapore to be designed and built with the ‘Forest Town’ concept. As part of this development, Tengah will have a series of interconnected green spaces, making it the largest green community in Singapore. And nestled within this green oasis is Novo Place, the epitome of modern community living.

    In conclusion, Novo Place has set a new benchmark for community living in Singapore with its ‘Community in Gardens’ concept. By embracing nature and fostering a strong sense of community, the development has created an idyllic living environment for its residents. With its commitment to sustainability and community bonding, Novo Place is not just a residential development; it is a lifestyle choice.

    After a period of 10 weeks since the closure of the tender in October 2022, Bagnall Haus has been sold through a private treaty sale. The buyer, Roxy Pacific Holdings, has agreed to a sale price that translates to a land rate of $1,106 per square foot per plot ratio (psf ppr), taking into consideration an extra 8% bonus gross floor area (GFA) for balconies.

    The latest URA Master Plan places a strong emphasis on driving economic growth in the East Coast region. The plan outlines the creation of additional commercial hubs and business parks, which will create a wealth of job opportunities for Bagnall Haus residents. This is an exciting prospect as it could potentially mean shorter commute times and a better work-life balance for those living in the area. Furthermore, the infusion of new businesses is predicted to boost the local economy, resulting in a rise in property values. This is a favourable development for both homeowners and investors with stakes in the Bagnall Haus Roxy Pacific Holdings community.

    Recognizing these issues, Capitaland, one of Asia’s largest real estate companies, has taken the initiative to design Parktown Residences as a model sustainable community. The development boasts a comprehensive transportation network that includes enhanced bus services and cycling paths, providing residents with an alternative to private vehicles.

    By carefully curating a range of facilities and services, Parktown Residences will offer residents a holistic and well-rounded living experience. From state-of-the-art fitness centers to lush green spaces, every aspect of the development has been designed to cater to the needs and desires of modern city dwellers.

    In conclusion, Parktown Residences, with its enhanced bus networks and cycling paths, is set to revolutionize Tampines’ transit system. This development by Capitaland is a testament to their commitment towards building sustainable and eco-friendly communities. As the world moves towards a greener future, Parktown Residences is leading the way by providing its residents with a convenient, efficient, and sustainable mode of transportation.

    Incorporating the keyword Arina East Zacd Group naturally into the article, residents of Arina East are fortunate to have access to exceptional pre-schools such as EtonHouse International Pre-School at Mountbatten 717 and Pat’s Schoolhouse at Katong, thanks to the Arina East Zacd Group. These highly-regarded establishments offer a nurturing environment and innovative curriculum, with a focus on holistic child development and laying a strong foundation for lifelong learning.

    With the strategic location and vibrant energy of the emerging Kallang Basin, Arina East Residences, developed by the renowned Zacd Group, offers an unparalleled living experience that seamlessly blends modernity and nature.

    The URA of Singapore has recently taken on an ambitious project to revamp the Kallang Marina Bay Basin, paving the way for a bustling fusion of city living, leisure, and commerce. This exciting vision not only reimagines the entire landscape of the region, but also presents a multitude of advantages to its neighboring developments, most notably Arina East Residences. Nestled within this evolving district, Arina East Residences, developed by the esteemed Zacd Group, boasts a highly desirable location and an energetic atmosphere that seamlessly combines contemporary living with the beauty of nature.

    For an unbeatable shopping and leisure experience, Orchard Central near Orchard Boulevard MRT Station Condo is the one-stop destination. Art, fashion, and food lovers alike can find something that suits their tastes as well as take a break from the intense city life.

    The Orchard Boulevard Condo Mixed Development enjoys a convenient location that is well-suited to families with school-age children. Located close to numerous local and international schools, it is a prime destination for families aspiring to provide their kids with a top-notch education. Commutes to school are also made easy with its proximity to the MRT Station, offering a quick and convenient public transportation option. Not to be forgotten, the luxurious features and lifestyle amenities of the condominium further contribute to a premium lifestyle for families. With its ideal combination of convenience and luxury, Orchard Boulevard MRT Station Condo Mixed Development is the perfect setting for families to fulfill their dreams for an excellent education for their children, while also enjoying a superior living ex

    Singapore University of Technology and Design (SUTD) is a cutting-edge higher education institution located in Changi, close to the upcoming Jalan Loyang Besar Executive Condominium (EC). Established in partnership with the Massachusetts Institute of Technology (MIT) and as Singapore’s fourth university, SUTD boasts highly experienced professors from MIT and leading universities around the world. Its courses range from traditional engineering and architecture, to the more innovative Digital World and Design, and Artificial Intelligence and Law. SUTD boasts various research centres, putting it at the forefront of innovation and encouraging collaboration between different disciplines. Furthermore, the university offers attractive scholarship opportunities for those wishing to pursue their higher education.

    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.

    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.

    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.

    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.

    Piermont Grand Actual Site in Punggol

    Piermont Grand EC Sumang Walk Punggol

    Piermont Grand EC has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Punggol Piermont Grand location.

    Piermont Grand CDL sites on a prime piece of EC land which represents a timely investment for CDL who is looking to replenish its land banks. Most of the EC launches recently have already been sold and Piermont Grand will present an opportunity for buyers who are looking for a new EC right in the heart of Punggol. Piermont Grand Executive Condo is the latest project with TID Residential that is a collaboration with Hong Leong Holdings and Mitsui Fudosan.

    Piermont Grand City Developments Limited CDL

    Piermont Grand EC is also strategically located with many shopping centres located around in the vicinity. For example, the popular Waterway Point, Punggol Plaza as well as Compass One are located near to Piermont Grand Sumang Walk. Piermont Grand EC is also located near to My Waterway @ Punggol where plenty of outdoor families are available for residents to spend some quality time with their family.

    Piermont Grand will be accessible with Sumang LRT Station as well as Punggol MRT Station. Also, for owners who are taking buses, there are several buses available along Punggol Way and Punggol Centreal. For owners who are traveling to the city, Piermont Grand is located right next to Tampines Expressway ()TPE.

    Piermont Grand Punggol EC is also near elite schools such as Punggol Green Primary School, Edgefield Secondary School, Oasis Primary School and Mee Toh School.

    Piermont Grand Actual Site Walkthrough

    City Developments Limited Real Estate Developer

    City Developments Limited abbreviated as CDL is one of the most reputed real estate development, management and investment companies in Singapore. The company has more than five hundred group companies and subsidiaries in 103 locations worldwide in 29 different countries. It is one of the largest companies listed on the Singapore stock exchange in terms of market capitalization and focuses on offering excellent returns to its investors and customer satisfaction. It has developed a large number of residential apartments, integrated complexes, offices, malls, service apartments and hotels worldwide which are sold or held as investments. The latest development will be Piermont Grand EC at Sumang Walk in District 19 Punggol.

    History of City Developments Limited

    The CDL group started its business more than 55 years ago as a Real Estate Developer in Singapore with the King’s Hotel, which is now renamed and a part of its Copthorne hotel chain, and Orchid Inn. Orchid inn has since been redeveloped into a residential project Glyndebourne. The CDL group has developed over 43,000 homes on more than 18 million square feet of land. It currently has a land bank of 4.1 million square feet worldwide, which can be used for its various residential and commercial construction projects including the latest Piermont Grand Sumang Walk. It also has many assets under its management, and is planning to have $5 billion in assets under management by the year 2023. The location review indicate that buyers are keen on the location as well as the site plan. Sumang Walk EC E-Application will commence soon.

    Projects by City Developments Limited

    Since its initial construction project, CDL has grown and diversified rapidly both regionally and worldwide with projects such as private developments and executive condominiums such as Piermont Grand Punggol. The hospitality group company of CDL, the Millennium and Copthorne Hotels Private limited company (PLC) is the largest hotel chain in Singapore and is also considered one of the largest hotel chains in the world. It owns and manages a large number of hotels all over the world. The group has won a large number of construction, environment and other awards in recognition of its ability to built and maintain some of the most iconic hotels, offices and homes with the latest technologies. The CDL new executive condominium showflat will be available soon and the launching price psf will be announced by CDL Soon.

    In addition to the Singapore stock exchange, CDL also has seven listed group companies which are listed in the stock exchanges of other countries, like those in London, Philippines and New Zealand. It owns and manages hotels and other investment properties including Piermont Grand Punggol in Middle East, Australia, Asia, New Zealand,North America and Europe, to generate high returns on investment and steady income for its investors. CDL strongly believes in its corporate social responsibility and works closely to help others in the community. The companies has a proven track record of providing the best possible deal for all its stakeholders including investors, customers, employees, business associates, and the community.

    Piermont Grand Location

    Piermont Grand Location is one of the highly sought after area in the mature estate of Punggol. There are many coffee shops as well as schools located in the area and other amenities such as NTUC Fairprice together with other amenities. Sumang Walk EC location is located near to Punggol MRT Station as well as Punggol LRT Station making traveling to and from very convenient. Piermont Grand EC Location is near to some of the commercial shops at Waterway Terraces I and Waterway Terraces II so you can get your daily groceries from there. Also, for other facilities that are not catered, residents around Piermont Grand location are able to reach MCC Resort (Marina Country Club). The highlight of Piermont Grand location is that it is just 5 mins walk away from Pungool Waterway Point where a whole range of amenities are available. Piermont Grand is also located near to Northshore Plaza I.

    Piermont Grand Showflat

    Piermont Grand Showflat will be available for viewing soon. The showflat will have many different layouts that cater to individual buyers. There will be interior designs at the showflat to cater to buyers impressions of the actual unit. The showflat will have different layouts for your consideration. Some of the layouts include a utility room for buyers who are looking for bigger units and there area also be layouts at the showflat such as the 3 Bedroom for young couples who are just keeping a alookout for small units. The showflat will be tastefully renovated for buyers to view. It is just confirmed that Piermont Grand showflat will consist of the 3 Bedroom Premium Layout at 1,130sqft as well as the 4 Bedroom Premium layout. The 4 Bedroom Premium layout is a 1st floor unit with a Private Enclosed Space. The 4 Bedroom PES Layout is at 1367sqft. There are a few layouts available at Piermont Grand such as the 3 Bedroom Deluxe and 3 Bedroom Superior layout that consist of additional storage space compared to the normal 3 Bedroom layout. The normal 3 Bedroom layout starts from $888,000.

    Piermont Grand 3 Bedroom Premium and 4 Bedroom Premium Layout

    Piermont Grand showflat will also feature extensive interior designs that are done to cater to buyers who are visiting the showflat. There will be interior designs down to the unit such as wallpaper as well as lightnings. Many of the features that are done in Piermont Grand showflat comes with the unit including the flooring, kitchen cabinets, air-conditioners as well as the washroom fittings. Some of the features not available in the actual unit include the electrical appliances such as TV. Furniture in Piermont Grand showflat such as coffee and dining table are not given. These are design features to let buyers have a feel of the space that is available in the actual unit before committing to a unit after visiting Piermont Grand showflat.

    Piermont Grand Showflat Viewing

    New property developments come up every now and then. The new property will give you the chance to get a new commercial space or residential space. It is important to visit a property showroom for a pre-purchase viewing. By viewing one, you will have the necessary information that will help you make the right decision. Showflats may fail to capture the actual home. Nonetheless, you can ask questions about the property and this will give you a better idea of what the residence looks like. The builder for Piermont Grand EC is Woh Hup Pte Ltd.

    Piermont Grand Construction Firm Woh Hup

    The layout of any home will vary according to its room position and square footage regardless of the type of real estate you intend to purchase. It is advisable to ask about the installation models/ brands that will come with the final product. What you see might not be what you get due to the availability of room fittings and surface materials. To avoid confusion, request for the floor plan copy from the showroom that corresponds to your desired unity. The construction firm for Piermont Grand is Woh Hup and it is noted that Woh Hup has a history of quality construction for its projects.

    Piermont Grand Site Plan

    The site and floor plans for Piermont Grand will be available for viewing soon. The site plan for Sumang Walk EC will consist of full facilities for the buyers consideration. Some of the full facilities that are located at Piermont Grand include a full size swimming pool that families can gather during the weekends. You can also conduct your own swimming lessons at the comfort of your own home. Piermont Grand also have a full size gym that caters to the young and trendy that have a active lifestyle. Piermont Grand site plan features many other facilities as well that cater to 1st timer home owners as well as for families that are looking for a conveniently located EC with comprehensive facilities for kids and children.

    Facilties at Piermont Grand Site Plan

    Piermont Grand site plan also features a tennis court for tennis lovers and a function room to cater to family events. The function room can be booked for private tuition class as well as book exchange for the kids making it the perfect place for the child to mingle around. It is noted that based on the site plan, there are Universal Design features for elderly and child friendly facilities. Green Features which is a BCA Greenmark Platinium and curtain wall design with double glazed window seen only for luxurious project as available at Piermont Grand site plan. The development is also 5m elevated from the ground. To create more convenience for the residents of Sumang Walk EC, there are 4 side gates as well as a sheltered walkway to the nearest Bus Stop. Piermont Grand site plan will consist of also 4 BBQ pits so that there can be more quality time spend with the family. The Blocks also have views from Sea view, Coney Island view, Punggol Reservoir View and Punggol waterway View. Piermont Grand is equipped with smart feature such as door senses as well as equipped with digital lock set. The whole development site plan is encased within a smart community.

    Themes at Piermont Grand Site Plan

    Piermont Grand site plan will consist also the below themes

    The Cascades (Arrival) – welcome cascading water features, main entrance is away from main and grand dropoff area.

    – The Waterfalls – 50m Lap pool with seamless design similar to Punggol waterway.

    – The Lakes – Family zones with family pool and children pool and playground.

    – The Hills – quiet zone with bio pond, spa and hydrotherapy pool – head and shoulders, foot message and sitting message and water features.

    Piermont Grand EC Floor Plans

    The design and layout for Piermont Grand Floor Plan will be available soon. There will be an assortment of layouts starting from 2 Bedroom for investors who are just looking out for a small brand new unit located in the Punggol area. There will also large 5 Bedders for buyers who are looking for own stay. The 5 Bedders are for extended families who are looking for large spaces and floor plans given the size of the layout. Piermont Grand Floor Plans are designed for maximum functionality and comes fully equipped with all the necessities such as washer, fridge as well as dryer. The design of the floor plans are maximum natural light into the living room as well as the bedroom creating a serene space for your family. All unit types developer will provide Haiku ceiling fan and 2 Schemes to be selected which is the Cool Breeze and Earthly Lux.

    Piermont Grand Floor Plans Maximum Functionality

    Piermont Grand EC floor plans also combines efficient circulation and storage. There is also closets, wardrobes and pantries that are large enough for everyday use providing comfort for your family when you are at home. There will be different floor plans to cater to different family lifestyles. For example, there might be buyers who are more keen on the dry kitchen as well as the wet kitchen concept so CDL has cater to this distinction by offering the dry kitchen concept for the bigger layouts. There will also be a open kitchen concept for young couples who are not at home to cook everyday and a small kitchen will cater to more space to the living room as well as the bedrooms. Piermont Grand showflat will begin preview on the 12 July for applicants to view on the development first and the booking date for the development will be on 27 July. a EC Consumer Seminar will be held on Monday 08 July for applicants who would like to know more about the EC Market in General.

    Piermont Grand EC Floor Plans Types

    Piermont Grand will consist of many different layouts that caters to different buyers assesment. The smallest unit will be the 3 Bedroom units that does not come with the utility area. This layout is perfect for young couples who are just starting to get a EC unit that is located near to Punggol Sumang Walk. There is also the 3 Bedroom Premium which is the bigger layout that consist of the utility/storeroom as well as the WC. This is perfect for bigger families who needs a place that has a storeroom. For multiple generations, there is also the 4 Bedroom Premium and the 5 Bedroom Premium layouts that is perfect for own stay for a longer period of time.

    Piermont Grand EC Pricing

    Piermont Grand is a executive condominium that represents an excellent opportunity for buyers who are looking to buy into a new launch development. The project is an excellent opportunity for Singaporeans to buy at a subsidized pricing as the development is initially open to Singaporeans with valid family nucleus. First Timers who are getting an executive condominium are also allowed to apply for the CPF Housing Grant and this subsidy makes it more attractive to for 1st time home owners to invest in the mature estate of Punggol. Based on the price which CDL has secured for the plot of land at Piermont Grand, the expected launching price should be in the range of around $1,100psf to $1,200psf. The increase in the EC income ceiling from $14,000 to $16,000 meant that more buyers will be eligible for Piermont Grand EC and this means that we should expect to see more sales and demand for ECs.

    Piermont Grand Pricing Attractive

    Executive Condominiums also presents huge appreciation potential due to the fact that when the development is completed, resale of the unit can happen after fulfilling the 5 Year Minimum Occupational Period. Also, after 10 years, the development becomes fully privatized and will be eligible for resale into the resale market fully.

    Hong Leong Group Real Estate Developer

    Hong Leong Group (HLG) was founded in 1941 by Kwek Hong Png in Singapore and is one of the largest companies in Singapore with a track record of stability and rapid growth. Hong Leong Holdings Limited (HLHL) is the property investment and development arm of the group, which was formed in the year 1968. It is one of the largest companies in the real estate sector in Singapore and has developed a reputation for constructing quality and affordable residence. It has developed 8 commercial properties and more than 100 residential properties with Piermont Grand Executive Condominium. It has constructed both mid priced and high end residential properties and Piermont Grand is located at Sumang Walk near to Sumang MRT Station.

    Business Development Division of Hong Leong Group

    HLHL has different divisions to manage its activities. The business development division looks for new opportunities worldwide and focuses on the best options available. As there has been a shortage of ECs available, plans are underway to develop Piermont Grand Punggol at Sumang Walk. The design and project development section looks after the planning of the many projects of the group ensuring that they are properly designed, collaborating with others to complete the projects. The marketing and sales division is looking after the leasing and sales of the commercial and residential properties developed by the group, ensuring that the revenues are rising. The Human resources division of the group attracts, retains and develops the best available talent, to boost productivity and profits.

    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.

    Punggol Waterway District

    Punggol Waterway District located near to Piermont Grand is set to be the digital district in Singapore and there are plans by the Government to introduce more amenities to Punggol Town based on the latest draft Masterplan. The Masterplan is underway to introduce more amenities and cater to the housing aspirations of many who is looking to settle down in the North Eastern part of Singapore

    One of the new plans for Punggol will be a new heritage trail built along Old Punggol Road near to Piermont Grand Location. This was once the main transportation highway for Punggol fishermen and farmers who were trading their produce from their hometown to Serangoon. Hence, it’s a very familiar route to the Punggol resident.

    New Heritage Trail at Punggol Waterway

    This heritage trail near to Piermont Grand locationis expected to have at least 10-metre green buffering zone on ether sides of the way. This has been done to preserve the rustic ambience, as well as the green tunnel impact and great terrain of the Old Punggol Rd as stated by the Housing Board The HDB has also promised reliable and easy access to retail, dining, and some recreational facilities in the Punggol Waterway through the public transport, cycling, walking, and, probably, autonomous buses and the high demand shuttles as the project continues near to Piermont Grand CDL EC.

    Punggol Town Hub (PTH) at Punggol District

    However, in addition, they will be housing projects which will be designed to allow all visitors and residents to have easy access and to fully enjoy the seafront with zero limitations. The hub will be integrated and combined with the existing Promenade using the parks and green spaces. The Punggol residents will enjoy and experience more by the year 2021 as the Punggol Town Hub(PTH) will be opening, a new feature which will feature have a library and hawker centre among other social amenities.

    Punggol Town Hub will be managed and controlled by the (PA) People’s Association, is expected to bring close all programmes and services offered bt the various agencies. The additional facilities in Punggol will bring in more conveniences and choices. Piermont Grand showflat will be available for sale soon.

    Therefore, Punggol Residents can look forward to Piermont Grand Launch Date having a new public library, hawker centre, a good Punggol Vista CC that will be around seven times larger the size compared to void deck CC. Also, residents should expect health services centres and childcare centres at PTH. This would mean more amenities for Piermont Grand owners. Piermont Grand forum indicates that this is the only EC to launch in 2019. Piermont Grand EC psf indicative is around $1,100 psf.

    The Punggol waterway 42,300 sqm great hub will be built just opposite Waterway Point, also next to upcoming Regional Sports Centre. The hub will be joined to the Punggol MRT, Sam Kee Station and Punggol Town Square. In order to promote good and healthy lifestyles to all, a cycling path has been set aside and is integrated with the major cycling paths of Punggol that passes by Piermont Grand location at Sumang Walk.

    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.

    • Executive Condominiums are Rare and Attract Demands

      Executive Condominiums which is a private public housing hybrid is still highly sought after by investors. The reason is because there has not been a EC launched in Singapore for a long time and there is a backlog of buyers around in the Punggol area who are looking for an opportunity to invest in a good located EC in the Sumang Walk Punggol area. There are also many existing HDB owners who are looking to upgrade to private housing where there are more amenities available. Piermont Grand Executive Condo is located right in the heart of Punggol which is surrounded by existing HDB owners who are keen to sell off their HDB unit to move to Piermont Grand City Developments Limted.

    • Prices of Piermont Grand are Placed at a Discount

      All Singaporean who owns an executive Condominium enjoys the privilege of owning a full condo development facilities and at the same time enjoy private condo at discounted prices. Such executive condominiums always have at least around 20% to 30% discount when sold about their neighboring private condo, where the price tags always narrow down from MOP over time. This would mean the residents of Piermont Grand EC in the mature town of Punngol will get to enjoy capital gains over time.

      Imagine a neighbor purchasing an condominium having an average price ranging from $1,300to $1,400 per sqft whereas you have an entry price ranging from $1,000 psf, Piermont Grand EC CDL owners are in a perfect position of reaping fruits of the appreciation. Therefore, you should never miss out the amazing privilege cater from the Singaporean’s selected privileged class of owning a Executive Condominium.

    • Huge Potential to Appreciate When Piermont Grand is Privatized

      The executive condominiums are regulated under the HDB ruling which means that they are only allowed to be sold in an open market after the Minimum Occupational Period is attained. They have only one restriction which is to sell the condominiums to their foreigners since the restriction will be lifted 11 years from now henceforth. The capital appreciation of the property can be materialized immediately after the property can be transacted in an open market area in Singapore. Therefore, owners of Piermont Grand Punggol stands to gain equity through the selling of their development 2 times, when the Minimum Occupational Period (MOP) is attained as well as when it is fully privatized.

    • Additional CPF Housing Grants for Piermont Grand EC

      Piermont Grand project stays attractive to potential buyers who prefer condominium lifestyle which including having a private gym, the swimming pool, and the function room among others. What is more attractive is as Piermont Grand CDL is a EC, CPF Housing grants are also available up to $30,000 which its aim is helping the first-time homeowners be able to lower the purchasing cost in their first home. Such grants may be used in offsetting exercise fees of 15%. There are also some deferred payment schemes which are available if one needs to purchase Piermont Grand since it is not available in the private condominium market, which makes it an attractive and unique option for all the upgrades of HDBs from Singapore.

    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.

    Punggol Digital District World Class Centre

    Singapore’s Smart Nation Push has seen the Punggol Digital District being its first project and this will benefit the residents of Piermont Grand as the Executive Condominium is located at the Punggol District in Punggol Walk. The Digital District is set to be a world class vibrant district inclusive of everything that a smart district has. In other words, we are looking at a district where technology and social innovation will transform how we live, work, learn and even play.

    Being the first district to adopt this master plan, it is envisioned that the Punggol Digital District will include the following as part of the integrated approach:

    • A university
    • Business park
    • Community facilities

    Digital Economy Centre of Digital Growth for Punggol

    In an attempt to create synergies near to Piermont Grand Punggol, foster a vibrant community and enable the close integration of both academia and industry, Punggol Digital District will be the centre of digital economy growth. It will also create job opportunities for residents of Punggol and the northeast region.

    Punggol Digital District will also be an ecosystem for innovations and will provide a conducive environment for the same. This will enable both businesses and the community to grow in a digital economy and benefit Piermont Grand Executive Condominium Residents. Moreover, the Singapore Institute of Technology’s (SIT) new campus will be co-located with the district. Together with JTC’s business park buildings, there will be great facilitation of industry and academia collaboration. This is possible through the exchange of ideas and knowledge among the professional and students.

    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
    • Parks
    • 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.