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Piccadilly Grand residents has a vibrant community in a heritage district with The Little India

Jan 15

The Piccadilly Grand condo is situated inside the Farrer Park area. The property is intended to accommodate residential as well as commercial retail space situated at the mid-point. The land could be utilized to construct 405 apartments that span from 23 to 24 stories. The project is expected be completed by 2026.

City Developments (CDL) and its joint partnership with MCL Land will be developing 99-year leasehold residential property located on Northumberland Road.

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CDL-MCL fought with the top 10 bidders at the auction of land held by GLS tender. Government (GLS) tender and was awarded the amount that was $445.9 millions. It's $1,129 per square foot for each pounds over the floor area (GFA) which amounts to 394,809.46 acres.

It is 5.7% higher than the second-highest bid of $422 million, which is $1,069 per ppr, which was offered by Winrich Investment, and 74.2% over the lowest offer of $256 million offered by Japura Development. This is a significant increase over the prices at the previous GLS site, Uptown @ Farrer located on Perumal Road, which was transferred by Low Keng Huat (Singapore) Limited at a cost of $1,001 per psf on 17th January , the 17th day of January in 2017.

 

The Piccadilly Grand unit located at the Northumberland Road site is suitable for couples of all ages, singles, and families, and people looking to invest because of its accessibility and the high demand for properties in the region. Farrer Park Elementary School, which is located just one block away from the famous St. Joseph's Institution is accessible via The Downtown Line.

Based on the most expensive price of $1,129 and breakeven for an developer could be anywhere from $1,800 and $1.900 in square feet. This is because the price for launching a condominium could be as low as $2100 per square foot, and as high as $2,200 per square foot.

CDL is one of the leading real estate company operating vast system of 112 sites across thirty countries as well as regions. One of the largest corporations worldwide by market capitalisation, the Singapore Exchange, CDL's portfolio includes offices, residential homes, and malls that have serviced apartments , as well as mixed-use developments.

The area is in the area of Farrer Park MRT and Little India within close proximity potential buyers enjoy the advantage of shopping malls, food outlets , and restaurants , in addition to amazing food hawkers in the area.

This area lies located near Farrer Park MRT and Little India MRT on the North-east Line and Downtown Line residents of Piccadilly Grand have easy access to the city's central region within a matter of seconds. The area is served by a variety of buses, which have straight routes leading to the Orchard Road. Orchard Road shopping mall.

The residents can have conveniences within their own front yards. This is especially true for the wide range of supermarkets located in Mustafa Centre and City Square Mall which is in which Fairprice and Donki are located.

One of the most notable developments in the portfolio of projects is the well-known South Beach mixed use development. It is a sprawling, well-planned sky garden. The property was designed to serve as an instance of sustainable development and Singapore's vision was "City with Gardens ".

A major homeownership developer in the region, MCL Land has established an impressive record in the construction of high-quality houses over the last half century. The vast collection of MCL Land includes top residential properties that are located in Hong Kong, Singapore, Malaysia, China, Vietnam, Philippines, Indonesia and Thailand. The most well-known developments are The Estuary, UBER 388, Este Villa, Terrasse, Palms @ Sixth Avenue, Hallmark Residences, Ripple Bay, J Gateway, LakeVille Sol Acres Lake Grande, Margaret Ville and Parc Esta.

The most reputable medical facilities that are of the highest quality are just a short walk away. Once it's completed the property located close to Connexion Singapore's first hotel and hospital complex, offering healthcare and hospitality, as well as preventive medical services, as also medical training and education all at one place. Farrer Park Medical Centre is located in the west within Connexion and is 5 minutes walk from our apartment. KK Women's and Children's Hospital is 10 minutes away.

Foodies are also delighted by the many restaurants in the area. It is the home of Tekka Centre as well as Pek Kio Market and Food Centre where you can enjoy delicious local cuisine in addition to the many South Asian restaurants along Farrer Park and Little India and the renowned dim sum restaurant, Swee Choon along with bars and cafes serving breakfast on weekends and coffee.

In this vibrant community residents are also able to engage their children in the fascinating culture and history in The Little India heritage district in only two minutes. Green parks such as Fort Canning Park and Botanical Gardens are accessible through the MRT's easy trip along the Downtown Line.

Since KK Women's & Children Hospital is located within the property The Piccadilly Grande property is perfect for couples looking to form families in order to ensure that children and parents are able receive top-quality medical treatment without having to travel far.

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At the edge in the center of town, properties are located within Farrer Park are extremely popular with young homeowners who want a private property close to their job area close to Singapore's CBD and easy access to the whole city of Singapore by public transport.

The property is located at Northumberland Road is a welcome new addition to the area and is ideal for people who are looking to purchase an property within the Farrer Park region.

Farrer Park Station being served by the North-East Line along with The Downtown Line residents who live on Piccadilly Grand can quickly commute to work in the city's centre and get to the most popular places like Marina Bay, Fort Canning, Chinatown, Clarke Quay and Harbourfront.

If you're looking to purchase condo units for the entire family or as a single unit and for investment purposes, a brand new condominiums located in Northumberland road is a great choice for capital appreciation since it's located within area of Singapore's Core Central Region (CCR) located in Singapore with an excellent connection to the city of Singapore. It's expected to be a highly sought-after property for years to be.