PIERMONT GRAND EXECUTIVE CONDOMINIUM

Latest Updates

Piermont Grand Showflat VVIP Preview on 6th July 2019

Piermont Grand E-App Registration From 12th July 2019 to 22nd July 2019

Piermont Grand Booking Day on 27th July 2019

 

 

 

Last Updated: 17th August 2019

Latest Unit Sold: #XX-XXX on 22-June-2019 (Balloting Day) | See the Balance Units Chart 

 

View Past Updates

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Piermont Grand Developer

A proud development, Piermont Grand EC launched by City Developments Limited (CDL) offers one of the widest ranges of private residences in Singapore to satisfy every need and budget. Known for commitment to quality, CDL properties are built to give you unrivalled living spaces.

City Developments Limited (CDL) has been ranked Best Residential Developer in Euromoney’s Real Estate Survey for the fifth year and have also been titled the Most Awarded Private-sector Property Developer by Singapore’s Building and Construction Authority.

 

Forest Woods, Whistler Grand, Tapestry, and The Residences at W Sentosa Cove are just a few that is named here.

Piermont-Grand-Sumang-Walk-EC
Piermont Grand Location Map

Piermont Grand EC is an upcoming waterfront living executive condominium strategically located in District 19, Punggol. Piermont Grand EC is a short walk to Sumang and Nibong LRT station which  connects seamlessly to Punggol MRT Station, serving the North-East Line and Punggol Bus Terminal.

Future Residents of Piermont Grand EC will have ease of connectivity not only by the MRT line and intergrated transport system system but will also benefit from the Tampines Expressway (TPE) and Kallang Expressway (KPE) which is a short drive away giving more convenience to the residents.

You will find several amenities nearby with the Piermont Grand Location Map.

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Piermont Grand Eligibility

Kindly book an appointment here or call us at +65 66802508 for E-Application submission

* Submission of E-Application is mandatory for all interested parties, yet non-obligatory to make any purchase
* Submission of E-Application via this page is FOC, and no hidden costs will be incurred subsequently
* Applicants enjoy direct developer price, no commission is required to be paid
* All successfully applicants will subsequently receive a ballot number
* No penalty will be imposed for applicants who subsequently choose not to purchase a unit
* Applicants will be invited as VVIP to view the Show Flat before its open to Public

Book An Appointment To Get Direct Developer Price

Brand New 99-years leasehold residential development, Piermont Grand EC is a development by joint venture CDL and TID Residential. The developers has a strong track record of building quality housing. They have a strong diverse background; Property development, hospitality and fund management. Many of their projects has garnered many top awards which has given them a testament for quality homes. Some of the current projects are; South Beach Residences, Whistler Grand and Nouvel 18 @ Ardmore. There are also some recent project launched which were well sold; New Futura, One Shenton, Forest Woods and many more. Some of the upcoming projects is Amber Park, Haus on Handyand Sengkang Central. Piermont Grand residents will be delighted with the quality built and furnishes with a timeless design.

Piermont Grand EC sits on a very prestigious future on Sumang Walk. This piece of land was very hotly contested during the GLS bid. Crafted on this plot of huge plot of  land will be 10 tower blocks of 16-Storey with a total of 820 units. There are 3-bedroom, 4-bedroom and 5-bedroom unit types to select from. All unit types will enjoy good views of the surroundings. The grand entrance will be very welcoming, cascading waterfalls surrounds the development. Residents will get to enjoy the 50-m infinity lap pool, sky gardens, indoor gymnasium, playground, BBQ Pits, and a 24-hour security concierge. All units are of functional layout with top notch quality fittings. An exclusive home awaits you.

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5 Reasons why the upcoming 2019 Punggol EC Piermont Grand on Sumang Walk will be another sell-out?

 

1) High demand but limited supply of executive condominium units

As of April 2019, there are no available EC units in the market except for bounced out units. These units are “returned” to the developer should there be a disqualification in family nucleus eg divorce or annulment of marriage that happens.

Below are the latest status as of April 2019 for the ECs launched since 2013.

MOP refers to Minimum Occupancy Period which residents have to fulfil after collecting their keys before they are allowed to sell their units in the open market, except for special cases that have been granted pre-approval by HDB.

Name District Address TOP date Number of units Status
Prive Punggol Punggol Field 17-Jul-13 680 Just MOP
Esparina Residences Woodlands Buangkok Drive / Compassvale Bow 11-Sep-13 573 Just MOP
The Canopy Yishun Yishun Avenue 11 14-Jan-14 406 MOP up in 2019
Austville Residences Sengkang Sengkang East Avenue / Buangkok Drive 22-Apr-14 540 MOP up in 2019
Belysa Pasir Ris Pasir Ris Drive 1 / Elias Road 28-May-14 315 MOP up in 2019
RiverParc Residence Punggol Punggol Drive / Punggol East 19-Jun-14 504 MOP up in 2019
Arc @Tampines Tampines Tampines Avenue 8 5-Aug-14 574 MOP up in 2019
Blossom Residences Bukit Panjang Segar Road 5 Sep 2014 602 MOP up in 2019
Watercolours Pasir Ris Pasir Ris Drive 3 / Pasir Ris Link 31-Dec-14 416 MOP up in 2019
The Tampines Trilliant Tampines Tampines Central 7 6-Feb-15 670 MOP up in 2020
The Rainforest Choa Chu Kang Choa Chu Kang Drive 6-Mar-15 466 MOP up in 2020
Twin Waterfalls Punggol Punggol Way / Punggol Field 2-Jun-15 728 MOP up in 2020
One Canberra Yishun Yishun Avenue 7 / Canberra Drive 19-Sep-15 665 MOP up in 2020
Heron Bay Hougang Upper Serangoon View / 7-Oct-15 394 MOP up in 2020
Upper Serangoon Road
Waterwoods Punggol Punggol Field Walk / Punggol East 1-Dec-15 373 MOP up in 2020
Waterbay Punggol Punggol Central / Edgefield Plains 27-Jan-16 383 MOP up in 2021
[email protected] Tampines Tampines Central 7 / Tampines 3-Feb-16 514 MOP up in 2021
Avenue 7 / Tampines Avenue 9
Twin Fountains Woodlands Woodlands Avenue 6 / 14-Mar-16 418 MOP up in 2021
Woodlands Drive 16
The Topiary Sengkang Fernvale Lane 22-Mar-16 700 MOP up in 2021
Forestville Woodlands Woodlands Avenue 5 / Woodlands Drive 16 1-Apr-16 653 MOP up in 2021
Lush Acres Sengkang Sengkang West Way / Fernvale Link 30-Jun-16 380 MOP up in 2021
SkyPark Residences Sembawang Sembawang Crescent / Sembawang Drive 10-Aug-16 502 MOP up in 2021
Ecopolitan Punggol Punggol Way / Punggol Walk 29-Aug-16 512 MOP up in 2021
Sea Horizon Pasir Ris Pasir Ris Drive 3 / Pasir Ris Rise 7-Oct-16 495 MOP up in 2021
The Amore Punggol Punggol Central / Edgedale Plains 28-Nov-16 378 MOP up in 2021
Lake Life Jurong West Yuan Ching Road / Tao Ching Road 30-Dec-16 546 MOP up in 2021
Bellewoods Woodlands Woodlands Avenue 5 / Woodlands Avenue 6 16-Mar-17 561 MOP up in 2022
The Vales Sengkang Anchorvale Crescent 2-May-17 517 MOP up in 2022
Bellewaters Sengkang Anchorvale Crescent 3-May-17 656 MOP up in 2022
The Terrace Punggol Punggol Drive / Edgedale Plains 25-May-17 747 Just collected keys
Signature at Yishun Yishun Yishun Street 51 14-Jul-17 525 Just collected keys
Westwood Residences Jurong West Westwood Avenue 24-Oct-17 480 Just collected keys
The Brownstone Sembawang Canberra Drive 30-Oct-17 638 Just collected keys
The Criterion Yishun Yishun Street 51 26-Feb-18 525 Just collected keys
Wandervale Choa Chu Kang Choa Chu Kang Drive 14-Mar-18 534 Just collected keys
Parc Life Sembawang Sembawang Avenue 29-Mar-18 628 Just collected keys
Sol Acres Choa Chu Kang Choa Chu Kang Grove 12 Mar 2018 * 1237 Just collected keys
26 Apr 2018 * Just collected keys
The Visionaire Sembawang Sembawang Road / Canberra Link 14-Jun-18 632 Collecting keys soon
Treasure Crest Sengkang Anchorvale Crescent 14-Sep-18 504 Collecting keys soon
Northwave Woodlands Woodlands Avenue 12 Feb-19 358

Fully sold

Under construction

iNz Residence Choa Chu Kang Choa Chu Kang Avenue 5 Aug-19 497

Fully sold

Under construction

Hundred Palms Residences Hougang Yio Chu Kang Road 2020

Fully sold

Under construction

Rivercove Residences Sengkang Anchorvale Lane 2020 628

Fully sold

Under construction

Piermont Grand EC Punggol Sumang Walk 2022 to 2023 Launching in 2019

From the list above, we see there the government had slowed down sales sites for ECs since 2015 and in the recent years.

It had always been an average of 6-7 ECs launched every year, except in 2012 where a bumper crop of 11 ECs were released for sale by developers.

With the increasing affluence of young Singaporean couples and families, the income ceiling cap for an EC was raised from S$12,000 to S$14,000 a month. An EC is hence a viable choice for young families who wish to live in a condominium.

2) The big boom in District 19

Price trend in D19
Price trend in D19

District 19 encompasses Punggol, Sengkang, Serangoon Gardens and Hougang.

The price trend in D19 has been rising since 2011. In October 2010 it was transacting around S$822 psf and in September 2018 it has risen to an average of S$1,268 psf. That’s a 55% rise over the past 8 years, translating to an average rise of 6.7% annually.

Recent transactions in D19
Recent transactions in D19

Rivercove Residences and Treasure Crest are the only 2 ECs in Punggol in the above sales chart and as we see above, some units were transacted above 1,000 psf.

Over on the secondary market, we see projects near the Sumang Link EC transacting between S$945 and S$1,192 psf.

Is Piermont Grand EC on Sumang Walk estimated selling price of $1,000 psf still competitive? Compared with the new launches of private condos in D19, naturally S$1,000 psf appears competitive.

When ranked next to resale condos in the secondary market, we see that most of the resale condos in the area have an average median price of S$1,100 to S$1,400psf, except for Prive and The Quartz.

3) Government masterplan of Punggol

Developments in Punggol district
Developments in Punggol district

There has been extensive plans for the next chapter of Punggol’s development in the next five to 15 years and beyond which shall include seafront public housing, an expanded town centre, more green parks and corridors, as well as a pedestrian-friendly heritage trail.

The Punggol Digital District has also been identified as a key element in the government’s plan in Singapore to build a Smart Nation.

In the near term, the government is expecting to relocate cyber security, data analytics, artificial intelligence firms and other digital technologies and key growth industries to Punggol. This is expected to create another 28,000 jobs in the region.

4) And who can resist waterfront living?

Sumang Link EC site view
Sumang Link EC site view

Who can resist affordable waterfront living? Imagine a nice stroll along the serene Punggol Waterway in the evenings or bringing your family to cycle or have a picnic on the weekend.

5) Huge upside in ECs after the 5 year mark

Recent transactions in D19
Recent transactions in D19

For buyers who want to know the capital appreciation of an EC, Prive is an excellent recent example. It is an EC launched in 2010, and TOP in 2013. It had recently attained its minimum 5 year occupancy fulfillment (MOP), which means it can now be sold in the open market to Singaporeans and Singapore Permanent Residents (SPRs).

For perspective, it was previously sold for $660 per sq ft to $690 per sq ft (psf) in 2010 when it was launched.

Assuming the median price at launch for Prive to be S$675 psf, this is an estimated S$270 psf gain for an average unit sold, hence translating to a 40% gain for the first buyer. This means a profit of S$270,000 for the first owner of Prive for an average 3 bedder 1,000 square feet unit!

Book An Appointment to view Piermont Grand EC ShowFlat & get VVIP Discounts (Limited Time), Direct Developer Price, & Hardcopy E-Brochure. Guaranteed with Best Price Possible.

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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 [email protected] 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 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.

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.

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.

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 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.

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.

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