Piermont Grand sells over 45% of units at launch weekend

Image credit: CDL

− Piermont Grand sells 375 units of 820 units during launch weekend
− Piermont Grand sells units at an average of S$1,080 psf
− Piermont Grand sells as home buyers are drawn to the luxury Executive Condominium’s excellent location and exceptional attributes

Bookings for Piermont Grand Executive Condominium (EC) – the first and likely sole EC launch this year – commenced on Saturday, 27 July 2019 for eligible buyers. As of 6pm on Sunday, 28 July 2019, 375 units (46%) of 820 units have been snapped up by eligible buyers.

Piermont Grand sells over 45 per cent of units and becomes best-selling property launch in 2019

This makes Piermont Grand by far the best-selling property launch in 2019. Eligible second-time buyers accounted for about 65% of the units sold. In line with prevailing EC regulations, only 30% of the project can be allocated to second-time buyers during launch. Interested second-time buyers who are not able to purchase during the initial launch period can look forward to making their bookings for remaining units one month after the public launch.

Developed by City Developments Limited (CDL) and TID Pte. Ltd., the luxurious EC overlooks My Waterway@Punggol and is a three-minute walk to Sumang and Nibong LRT stations, which are connected to Punggol MRT station and bus interchange.

Piermont Grand sells
Image credit: CDL

Piermont Grand offers three-, four- and five-bedroom units. Apartment sizes are from 840 square feet (sq ft) for a three-bedroom to 1,701 sq ft for a five-bedroom premium penthouse. Penthouses and selected units will have a high ceiling in the living and dining areas as well as the bedrooms. A kitchen island is also provided for four- and five-bedroom units.

The units were sold at an average of S$1,080 psf, with prices starting from S$888,000 for a three bedroom, S$1.34 million for a four-bedroom premium and S$1.508 million for a five-bedroom premium. Take-up was good for all unit types.

Piermont Grand sells because of its exceptional attributes

Mr Chia Ngiang Hong, Group General Manager of CDL, said, “We are very pleased with the strong take-up for Piermont Grand, which reflects its exceptional attributes. Located right next to two LRT stations and near Punggol MRT station, Piermont Grand is a new EC that is indeed hard to come by. Buyers are also attracted to the project as it is a landmark waterfront residence providing scenic views and luxurious comforts. We have elevated the EC offering with well curated facilities and premium fittings and finishes that are comparable to private condominiums. Moreover, there is potential for significant upside given the development’s proximity to the upcoming Punggol Digital District.”

In addition to being well-connected island-wide via public transportation and the Tampines Expressway (TPE) and Kallang-Paya Lebar Expressway, Piermont Grand offers convenient access to comprehensive shopping, dining and entertainment options at the nearby Waterway Point, Punggol Plaza, Oasis Terraces and the future Punggol Town Hub.

Several schools and tertiary institutions are in the vicinity, including the popular Mee Toh School,
Punggol Cove Primary School, Punggol Green Primary School, Global Indian International School
SMART Campus and the upcoming Singapore Institute of Technology.

Within the luxurious Piermont Grand EC, every residential tower is designed with the unique curtain wall feature of high-end residences. All apartments come with a Haiku ceiling fan, Teka kitchen appliances, GROHE bathroom fittings, and a curated accessory cabinet integrated with a full-height mirror within the master bedroom wardrobe.

At Piermont Grand, every residential tower is designed with the unique curtain wall feature of highend residences. The layout for each apartment is carefully planned to optimise the space. All apartments come with a Haiku ceiling fan, kitchen appliances from Teka, bathroom fittings from GROHE, and a curated accessory cabinet integrated with a full-height mirror within the master bedroom wardrobe. A Wireless Smart Home System is also provided for added convenience and security.

Piermont Grand provides more than 30 facilities spread across four zones – The Cascades, The Waterfalls, The Lakes and The Hills. Key highlights include a cantilevered gymnasium alongside a 50m lap pool that overlooks My Waterway@Punggol, a children’s party room, tennis court and BBQ pavilions.

Residents can enjoy more than 30 facilities including a cantilevered gymnasium alongside a 50m lap pool overlooking My Waterway@Punggol. The Piermont Grand sales gallery, located at the junction between Punggol Walk and Sumang Link, next to Waterway Point, is open 10am to 7pm daily. Marketing agents are ERA, Huttons, OrangeTee & Tie and PropNex.

Secure the Best Home Loan Quickly

Do you want to buy a units at Piermont Grand but are unsure of securing funds? Don’t worry because iCompareLoan mortgage brokers can set you up on a path that can get you a commercial loan in a quick and seamless manner.

Alternatively you can read more about the Best Home Loans in Singapore before deciding on your next purchase.  Our brokers have close links with the best lenders in town and can help you compare Singapore’s best commercial loans and settle for a loan package that best suits your commercial purchase needs.

Whether you are looking for a new commercial loan or for a refinancing package for your commercial properties, our brokers can help you get everything right from calculating mortgage repayment, comparing interest rates, all through to securing the best commercial loans which fits your profile. And the good thing is that all our services are free of charge. So it is all worth it to secure the best commercial loans through us.

You may contact us today for advice on a new home  or refinancing advice, or for Personal Finance advice.

You may also speak to our Panel of Property agents.

Written by Ravi Chandran

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