Piermont Grand Executive Condominium CDL
Piermont Grand is a new executive condominium located right in the heart of Punggol by City Developments Limited. Piermont Grand Sumang Walk sits on the land parcel that is slated to be Singapore’s first Digital District and is located near to many transport options available around the Punggol area. It is the only EC that is launching in the year of 2019 and Piermont Grand EC Sumang Walk sits right next to My Waterway@Punggol and offers the opportunity for residents to own a EC unit in the landmark waterfront district with pleasant and unblock views. Piermont Grand Executive Condominium comes as a rare opportunity for buyers who are looking for a EC unit in the North East area as all EC units are presently taken up. A unique and serene lifestyle awaits you at Punggol Piermont Grand. The Sumang Walk EC will be located near to JTC Business Park in Punggol as well as The 5th University – Singapore Institute of Technology. There will be also a new MRT Station called Punggol Coast MRT Station which will reduce traveling time to any part of Singapore by 15 min. Piermont Grand receives great response from the ground as it sells 375 of all 820 units that are released for sale. It is one of the most successful new launches by developer due to the low pricing of only around $1,080psf which is must lower than other new launches within the vicinity The latest development by City Developments Limited is Canninghill Piers which is located at Singapore River. Canninghill Piers is launching soon at District 09 and is at the heart of the city. It is the former Liang Court enbloc located next to Clarke Quay entertainment hotspot. There are many shopping centres located at Robertson Walk as well. The next upcoming EC would be Tengah EC which is located right at the heart of Tengah Town.
Yishun Executive Condominium is located at Northpoint Wharf in Singapore. Yishun Executive Condominiums are conveniently located to the best shopping centres and other commercial centres in the vicinity. The Yishun Corporate Centre is a modern commercial building which houses Best Buy, JB Lifestyle, BP Wholesale and Yishun Limited. Other than that, Yishun Executive condos are also conveniently situated to many entertainment centres and shopping centres in the vicinity. Yishun Executive Condominiums offer residents a whole range of facilities including excellent fitness centre, state-of-art fitness centre, round-the clock safety and maintenance services, car parking, club lounge, indoor swimming pool, Wi-Fi connection, round-the clock security and maintenance personnel.
Yishun EC has five residential floors and offers residents exquisite amenities. The buildings have round-the-clock safety and security guards who assist in emergencies. Yishun EC residents have easy access to the Yishun MRT station and the roads are also well-connected to the nearby arterial roads. The Yishun Integrated Transport Hub offers easy access to the major towns of northbound Singapore city and its surrounding areas. Yishun EC Yishun MRT station is also easily accessible to the other train stations of northbound Singapore.
Yishun MRT is one of the major transport hubs in northern Singapore. It connects the city to the other nearby townships like Cameron Islands, Melaka, and the adjoining cities of Penang, Bukit Timah, and Neelang. It is one of the newest and the most advanced metro rail systems in the world with comfortable and safe journey for the tourists, businessmen, and other passengers. Moreover, the residents can get close proximity to the major tourist attractions of north Singapore like the Entertainment City, Sentosa, the Night Safari, and the Resorts World Sentosa.
Apart from the wide network of transport systems and the convenient and quick way of getting within the city, Yishun Executive offers many more amenities to its residents. There is a heated swimming pool in the center of the building, an indoor and an outdoor fitness centre. Yishun EC fitness centre offers several equipments including sauna, weights, hand weights, cable cross body exercise system and rowing machine. There is also a spa with a health club attached to it, offering body massage, facials, and massages. There is a mini shop selling snack, fast food, snacks, diapers, and other grocery items.
Apart from these, there are also many hotels and restaurants around the vicinity offering tasty cuisines at Yishun EC. The shopping area at Yishun City Centre is filled with a variety of malls selling different types of products. These malls are easy access by the residents from the Yishun Executive Condominiums. The mall offers various brands of shoes, clothes, jewelries, electronic gadgets, computers, DVD players, electronics, gift ware, etc. Apart from these, there are many hotels offering easy access facilities to the residents of the Yishun Executive Condominium.
The Yishun EC are located next to the northpoint city mall. They offer some of the best shopping centres in the city along with several restaurants, bars, cafes, spas, and hotels. The shopping centres include the super markets, i malls, shopping centres, laneway malls, and local market. Yishun Shopping Centre is located next to the Yishun mRT Station.
The Yishun Shopping Centre is a great place for purchasing gifts and toys for children. The mall has many popular restaurants where visitors can enjoy great meals and snacks. Some of the popular restaurants in Yishun Shopping Centre are Supermarket, Panda Express, Temptations, Burger King, Domino’s Pizza, Subway, Dinos, Jamboree, and many more. Apart from these, there are also many popular restaurants which are offering great food at affordable rates.
Another centre in Yishun City is the Yishun bus terminal. Yishun EC bus terminal has three terminal buildings which houses many local bus services. Some of these buses are Diamond Harbour City Line, Citylink 1 and Citylink 2. Some of the bus services are Taman Harum Cabs and Citybus. The bus terminals are located next to the Yishun Executive Condominiums and The Residences.
One of Singapore’s best known and loved shopping destinations, the Northpoint City Shopping Centre situated in close proximity to the central business district makes it very convenient for shoppers. This mall features various departments such as apparel and fashion stores, electronics stores, movie theatres and a food court. The mall also features several restaurants and bars that serve some of the best Thai, Chinese and international cuisines. With the centre’s proximity to Yishun MRT station, the accessibility to this shopping destination is easy as one can reach there by travelling on the train or bus. There are various modes of transport from the Northpoint City Shopping Centre including the MRT, MTR, buses and ferry services.
If you are looking for a unique experience, then you should visit Yishun EC Northpoint City Shopping Centre located at the corner of Yishun MRT Station and Robertson Road. This shopping centre is divided into two parts namely the International Shopping Gallery and the Premier Shopping Gallery. This mall features numerous departments including apparel and fashion, electronics and computer shop, clothing store, health & beauty, dining and nightlife outlets. If you have your favourite thing to buy then you can simply shop in the various stores found here. You will find great variety of products here which includes garments, electrical gadgets, bags, shoes, house wares, jewelry and some of the most popular brands available in the country.
The other section of the mall provides easy access to several eating places and drinking dens which serves coffee, soft drinks, juices and several other tasty treats. The Premier Shopping Gallery is situated at the corner of Yishun MRT Station and Robertson Road while the International Shopping Gallery is easily accessible by Yishun MRT. You can also access these buildings by taking the lift from the Yishun MRT Station. The Apartments in the Northpoint City Centre include affordable and comfortable rooms with basic amenities. You can make your stay at the hotels comfortable by selecting the right amenities from the apartments.
Yishun EC MRT Station is an underground low cost express bus terminal on the North South Line in Yishun, Singapore which is part of the Yishun Integrated Transport Hub project. The station has been built adjacent to Yishun MRT Station and is a part of the new Yishun Cross Rail Link (YSCL). The station has an underground tunnel bus lane, and one north bound train platform, one south bound platform and a single underground station. Yishun MRT Station has three bus stops: Yishun Town, Yishun Residential Centre and Yishun Business Centre.
Yishun EC MRT Station is an underground rapid transit station within Yishun Town, Singapore which is a part of the Yishun Integrated Transport Hub project. The station has an underground tunnel bus lane, one north bound train platform and one south bound platform. The bus bay has a wide variety of public and private parking spaces, retail shops and information desks. The retail shops include Big Bazaar, Big Bop, Maxxium, Sunrays Wholesale Complex, Supervalu and T Sazon.
Yishun MRT Station has become a cosmopolitan town centre in the country with a wide variety of public transport services in close proximity to its residential and commercial streets. The residents of Yishun are not only well looked after by their many MRT Services, but also have easy access to various shopping centres, banks, educational institutions and other amenities within a short distance from their homes. The residents of Yishun live a relatively relaxed life compared to most Singaporeans’ daily commute. The MRT makes transportation in and out of town easier for Yishun MRT Station, as it is well connected by multiple public and private transport services such as the subway system and buses. All in all, Yishun MRT Station is a great place to live in Singapore, with a vibrant social scene and a wide variety of local and international attractions.
Yishun Integrated Transport Hub is located in the northern part of the Singapore River. The Yishun Integrated Transport Hub offers residents of the Yishun Commercial Complex many conveniences to make their daily lives more pleasurable. The commercial complex offers residents many buildings, including two-storey Yishun Plaza, which has an Information desk and a pharmacy. The Yishun Plaza is constructed of high-density commercial building materials such as glass and steel. This makes it very durable and offers a strong and safe environment for shopping, dining, office, and night life. The city centre also has a Yishun Integrated Transport Hub where residents can access the city’s public transport system easily, including the MRT, monorate, or the Singapore Rapid Train
Yishun EC Yishun MRT Station is the most convenient way to get into the heart of the Northpoint City Centre. Located at the corner of Yishun Avenue and Bemento Road, the Yishun MRT Station is one of the busiest stations in the Northpoint City Centre, serving the residents of the Yishun Commercial Complex, Yishun Square, and the Yishun Plaza. The bus interchange at Yishun MRT station is ideal for residents who want to get into the city centre from other parts of the town. The bus will drop off commuters at the Yishun Plaza, and will drop riders at the Yishun Commercial Complex after shopping, dining, and staying at the Yishun Plaza.
The Yishun Shopping Centre near to Yishun EC is located within walking distance to the Yishun Integrated Transport Hub and the bus interchange station. This shopping centre features a wide range of departmental stores, as well as a large number of malls. The malls include Maxellocity, Fairmont Yishun International, Maxx Shopping Centre, and Maxia Mall, which have a range of shops and restaurants inside them. The shopping centres themselves have a number of big name brands, as well as specialty stores.
One of the projects of Sing Holdings Real Estate developer, T&C Realty Corporation is the integration of the upcoming Yishun International Airport with the already existing Yishun International Bus Terminus and Yishun MRT Station. The project aims at providing seamless connectivity between the two major public transportation systems in the country. The planned developments will pave way for the smooth flow of travelers between the two locations. T&C Realty Corporation is a leading real estate developer that focuses on developing properties in major cities around the world. Apart from Singapore, this company also has projects in China, Hong Kong, Korea, and Malaysia.
Yishun EC project is located in close proximity to the Yishun MRT Station, the main bus terminal in the city. The Sing Holdings development will provide residents with access to various destinations in the form of an underground bus terminal, which will link residents to various destinations across the city. Residents will be able to use the bus services to go to various destinations like the Central Business District (CBD), the Central Sports Stadium, the Central Railway Station, and the Elizabeth Street Mall among many others. This will be very helpful to residents who live in the remote areas near these locations.
Yishun EC mall will provide ample space for retailers and other shops. The planned facilities include a food court, a children’s area, and a premium outlet mall. The Yishun International Airport will be around 15 minutes’ drive away from the planned Yishun MRT Station. This provides easy access to the airport and other important establishments nearby. The integration of this retail shopping center with the Yishun MRT will help residents to conveniently move from their homes to the Yishun International Airport and from there, to the various destinations within the city.
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.