Piccadilly Grand launch date expected to be completed in 2026 and it is located within the Farrer Park area. The property is planned to be used as a residential area and commercial retail areas are located in the middle. The property could be developed into 405 apartments ranging from 23 to 24 floors.
City Developments (CDL) and its joint venture with a co-partner in a joint venture MCL Land will be developing 99-year leasehold residential property situated along Northumberland Road.
CDL-MCL competed with the top bidders in the auction to purchase the land which was auctioned in GLES. The government (GLS) bid was awarded between $445.9 million. This is $1.129 for each square foot or one pounds more than floor space (GFA) which is 394,809.46 square. feet.
The price is 5.7% higher than the second-highest offer of $422 million. That is $1,069 in ppr made by Winrich Investment, and 74.2% above the lowest offer of $256 million offered by Japura Development. The price is higher than those at the former GLS site, Uptown @ Farrer located in Perumal Road, which was transferred by Low Keng Huat (Singapore) Limited for $1,001 PSF on 17th January the 17th day of January 17th January 2017.
Based on the highest price of $1,129, the break-even threshold for an developer can be anywhere between $1,800 to $1.900 by square feet. This is because the cost of launching each condominium may be as low as $2,100 per square foot and as high as $2,200 for a square foot.
CDL is a prestigious real estate company with an extensive portfolio of more than 112 sites spread across 30 states and nations. One of the biggest companies worldwide by market capitalisation, that of the Singapore Exchange, CDL’s portfolio comprises residential and office buildings and malls with apartments that are connected and serviced developments.
The area is close to Farrer Park MRT and Little India MRT situated along the North-east Line. Downtown Line residents living in Piccadilly Grand are able to get to the city’s central area in a matter of minutes. The area is served by several buses, which include straight routes that lead to Orchard Road. Orchard Road shopping belt.
The region that includes Farrer Park MRT and Little India within close proximity of potential buyers can benefit from shopping malls, food outlets and eateries. There are also delicious food hawkers selling their goods in the region.
Residents have the option of conveniences in their backyards. This is particularly true for the wide range of stores for groceries that are located in Mustafa Centre and City Square Mall that is where Fairprice and Donki are located.
The floor plan of Piccadilly Grand is expected to be released soon! Sign up for a free VVIP to get the most up-to-date details on the development.
Farrer Park Station being served by the North-East Line as well as The Downtown Line residents living on Piccadilly Grand can easily commute to work from the city’s central region and travel to the most well-known places such as Marina Bay, Fort Canning, Chinatown, Clarke Quay and Harbourfront.
If you’re purchasing condo units for your entire family or just for investment A brand new condo located on Northumberland road is an ideal option for capital appreciation as it’s situated in the region that is part of the Singapore’s Core Central Region (CCR) situated in Singapore and offers a great connection to Singapore’s City of Singapore. It is expected to be a sought-after property for a long time to come.
Foodies will also be spoilt by the many dining options that are available in the region. It is home to Tekka Centre together with Pek Kio market and Food Centre for a taste of the delicious local food along with the many South Asian restaurants along Farrer Park and Little India, the famous dim sum restaurant Swee Choon as well as bars and cafes that serve breakfast during the weekends, and coffee shops.
In this lively neighborhood, residents can also engage their children in the fascinating cultural and historical background of The Little India heritage district within just two steps. Green parks like Fort Canning Park and Botanical Gardens are accessible via the easy MRT journey on The Downtown Line.
since KK Women’s & Children Hospital is situated within the property because it is located within the property. Piccadilly Grande property is perfect for couples planning to begin families to make sure that parents and children to receive the best medical care without the need for travel.
In the outer regions in Singapore’s capital city. properties are situated within Farrer Park are extremely popular among young homeowners seeking affordable private property near their work areas near Singapore’s CBD and ease of access to the entire city of Singapore by public transport.
This property can be found within Northumberland Road is a welcome new addition to the region and is ideal for anyone who are looking to purchase a property in the Farrer Park region.
The most well-known project within this portfolio is the highly acclaimed South Beach mixed use development. It’s a stunning well-groomed green roof. The property was designed to serve as an example of sustainable development and Singapore’s vision to be a “City with Gardens”.
The Piccadilly Grand unit located at the Northumberland Road site is suitable for couples of all ages groups as well as families and singles and those who want to invest because of its accessibility and the demand for properties in the area. Farrer Park Primary School is just a few steps from the well-known St. Joseph’s Institution is accessible through The Downtown Line.
The most trusted medical facilities are in the vicinity of. Once the project is finished the property close to Connexion. Singapore’s very first hotel and hospital complex that will provide hospitality and healthcare, and preventive medical care, in addition to medical education and training all in the same location. Farrer Park Medical Centre is located in west Connexion and is located just five minutes walk from our residence. KK Women’s and Children’s Hospital is just 10 minutes walk.
An important homeownership developer in the region. MCL Land has established an impressive track record of building of homes that are high-end in the past 50 years. The vast selection of homes offered by MCL Land includes top residential properties which are situated throughout Hong Kong, Singapore, Malaysia, China, Vietnam, Philippines, Indonesia and Thailand. Most well-known projects are The Estuary, UBER 388, Este Villa, Terrasse, Palms @ Sixth Avenue, Hallmark Residences, Ripple Bay, J Gateway, Sol Acres LakeVille Lake Grande, Margaret Ville and Parc Esta.