Piermont Grand EC Project Details
Piermont Grand is a new EC located right in the heart of Sumang Walk next to My Waterway@Punggol. Piermont Grand represents a timely release of a new Executive Development that is highly sought after as there has not been a Executive Condominium that is released for a long time. Piermont Grand is the only EC that will be launched for sale in 2019. Piermont Grand also sits in the mature area of Punggol where they are many aspiring HDB owners who are looking to upgrade to a Executive Condominium.
Piermont Grand Punggol District District Detailed Information
The Singapore government has announced that the Punggol district will be developed as the first digital district in the country. This makes the executive condominum (EC) project Piermont Grand in Punggol even more attractive to real estate investors . This project is being jointly developed by City Developments Limited,one of the most reputed real estate companies in Singapore and TID residential private limited. The plot for this condominium project is at Sumang Walk close to the Sumang link road, main Punggol way road and waterway. There are almost no other similar Executive Condos available in the area, indicating high demand for real estate.
Overlooking the affluent Punggol Waterfront area, Piermont Grand Executive Condo perfectly caters to the different needs of its residents. It’s suitable for families with kids, young couples, as well as singles thanks to the multiple options of bedroom units which include 1, 2, and 3. Generally, the development is designed with versatile layouts which offer a welcoming balance of space and affordability.
ECs are Great Investment due to Lower Pricing
What makes these ECs to completely stand out is that they are cost-friendly and contain unique modern amenities that promote a luxurious lifestyle. Currently, there is an income ceiling of $14,000 for applicants for ECs. Besides that, people can use government grants of up to S$30,000 to buy them. The current market trends indicate that there is a growing demand for ECs. This can be seen from the high demand of the Piermont Grand EC. Its price is set to increase significantly as the cost of private properties continues to soar. Also, the recent new launches around the area are transacting around $1,400psf and therefore a brand new development such as Piermont Grand which is a EC launching at $1,100psf is relatively cheap compared to other developments. Piermont Grand will cater to 1st time buyers who are looking for a brand new development with a relatively cheap pricing.
Piermont Grand Punggol Information
A wonderful and unique lifestyle awaits you. Please see Piermont Grand site plan and floor plans for more information.