Piermont Grand

The Only EC Launch In 2019!

Piermont Grand (星水嘉园) is an Executive Condominium (EC) that will be coming up soon at Sumang Walk, Punggol. Launching in July 2019, it is a highly anticipated development due to the fact that it will be the only EC to be launched this year.  Piermont Grand is jointly developed by CDL Constellation Pte Ltd & TID Residential Pte Ltd - both reputable names in the industry. 

Piermont Grand EC will have 13 blocks, each 17 storeys high - yielding approximately 820 residential units. Residents will enjoy premier luxury waterfront living with comprehensive facilities within the development and numerous amenities in the immediate vicinity. 

Executive Condominiums are an attractive option for first-time buyers or HDB upgraders:

• In terms of quality and facilities, they tend to be indistinguishable from private condominiums
• They are affordable - usually priced 10% to 15% lower than comparable private condos.
• First-Time buyers who hold a Singapore citizenship are also entitled to a grant of up to $30,000. 
• ECs are privatised ten years after TOP and can then be sold in the open market to anyone - local or foreigner - just like any private condo. 

Indicative Launch Date

Piermont Grand Unit Mix 

Piermont Grand offers units from 3 to 5 bedroom in various sizes and layouts - see table below. Prices are yet to be released by CDL. Be among the first to receive prices, official brochure and other timely updates by registering with us today!

Piermont Grand Floor Plans

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Piermont Grand Perspectives

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Nearby Amenities (Selected)

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Additional Information

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• Well-Known & Reputable Developer
  CDL is a leading property developer with a long track record of building quality homes over several decades. It holds an impressive portfolio of prime developments, including J Gateway, Palms @ Sixth Avenue, Este Villa and the Estuary.
   
• Favourable Policies
  First-time home buyers can apply for up to 30% grant, subject to approval. Generally, ECs are lower in price than similar private condos. As such, buyers stand to reap good profits when their units are privatised after ten years.
   
• Great Accessibility.
  Piermont Grand EC is located near Sumang LRT. Residents can easily travel the North East Line and to the rest of Singapore via the Punggol MRT station. Those who drive have quick access to arterial expressways such as the PIE, BKE and KJE. It takes only about 20 minutes to drive to the CBD and the Orchard shopping belt via the Pan Island Expressway (PIE) or Ayer Rajah Expressway (AYE). Jurong East MRT Station, with its wide range of amenities, is only 3 MRT stops away. In future, residents can acces the High Speed Rail system to travel to Kuala Lumpur in only 90 minutes!
   
• Amenities.
  Expect to enjoy lots of amenities nearby.
  
  
• Education Haven.
  Almost three dozen institutions are in the vicinity, from primary & secondary schools to colleges. 

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City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 103 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls.

With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area.

The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels worldwide, many in key gateway cities.

TID Pte. Ltd. develops and sells residential homes. TID Pte. Ltd. was formerly known as Trade and Industrial Development Private Limited. The company was founded in 1972 and is based in Singapore. TID Pte. Ltd. operates as a joint-venture between Hong Leong Holdings Limited and Mitsui Fudosan Co. Ltd.

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Piermont Grand has all the facilities buyers could wish for, including the following - see Site Map for full facilities and location within the development:

     

BP Approval Number: A1716-00004-2018-BP01
BP Approval Date: 02 April 2019

Disclaimer: The renderings of the units as shown are for illustrative purposes only. The shading and outline of the unit type only applies to typical units. The boundary lines of the units set out here are not to be taken as a factual representation of the actual units. Kindly refer to the approved BP plans for the actual unit outline/ boundary lines.

Amenity TypeAmenities Near Sol Acres ECApprox. DistanceMRT StationsChoa Chu Kang (NS4 / BP1)1.08km Bukit Panjang (By 2016) (DT1 / BP6)1.33kmLRT StationsKeat Hong (BP3)0.23km Teck Whye (BP4)0.32kmMarketsTeck Whye Market0.33km Choa Chu Kang Market0.73kmShopping MallsTeck Whye Shopping Centre0.34km Keat Hong Shopping Centre0.73km Junction 101.10km Lot 11.11km Sunshine Place1.31km Bukit Panjang Plaza1.52kmInstitutionsITE College West (CCK)0.10km South View Pri Sch0.64km Choa Chu Kang Pri Sch0.98km Choa Chu Kang Sec Sch0.68km Teck Whye Pri Sch0.77km Teck Whye Sec Sch0.81km Pioneer Junior College0.89km West View Pri Sch1.29km Bt Panjang Govt High1.42km St Anthony’s Pri Sch / Swiss Cottage Sec Sch1.43km West Spring Sec Sch1.56km Dunearn Sec Sch1.65kmLifestyleHomeTeam NS / Golf Driving Range1.31km Choa Chu Kang Sports Hall / Swimming Complex1.54km Warren Golf & Country Club1.70km

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• Main applicant must be a Singapore Citizen and above 21 years old. Co-applicant can be a Singapore Citizen or Singapore Permanent Resident.
• Both applicants must be either 1st or 2nd time buyers (existing or ex-owners of a HDB flat).
• Applicants must form a valid family nucleus under one of the HDB’s eligibility schemes in order to buy an EC flat.
• Applicants' combined household gross monthly income must not exceed S$14,000.
• Applicants and occupiers listed in the application form must not own any private property or must not have disposed of such a property within 30 months of the date of application of the EC flat.
• Applicants and occupiers have not bought two housing units before (eg. a flat bought directly from HDB, resale flat with CPF Housing Grant, DBSS or EC flat from developer).
• Second-time applicants (who are existing owners or ex-owners of a flat, resale flat with CPF Housing Grant, or DBSS flat from developer), must meet the 5-year Minimum Occupation Period (excluding any period of subletting of whole flat) before applying for a new EC flat.

For more information, please refer to the HDB website.

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Bank Loan Ceiling

*Purchase = min. 5% Cash

Normal Payment Scheme (Progressive)

Deferred Payment Scheme

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