Piccadilly Grand property is ideal families looking for top-quality medical treatment

SOURCE: https://www.piccadillygrand.com

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

Where is Piccadilly Grand? It is located within the Farrer Park area. The land is zoned for residential use, with commercial retail space on the ground The land parcel could accommodate 405 apartments ranging from to 23 stories and is scheduled to be completed by 2026.

The location of Farrer Park MRT and Little India within close proximity prospective buyers can have the convenience of food outlets, malls and restaurants as well as delicious food hawker in the area.

The area is located close to Farrer Park MRT and Little India MRT on the North-east Line and Downtown Line residents of Piccadilly Grand can enjoy direct access to the city’s centre within a matter of minutes. It is served by several buses, which have straight routes to orchard road. Orchard Road shopping belt.

Residents have the benefit of conveniences that are right at their doorsteps and this is especially true with the large assortment of grocery stores at Mustafa Centre and City Square Mall which is which is where Fairprice and Donki are situated.

Foodies will also be spoiled by the many eating options available in the area. It includes Tekka Centre and Pek Kio Market and Food Centre for tasty local food and the many South Asian restaurants along Farrer Park, and Little India, the famous dim sum restaurant Swee Choon, as well as cafes and bars for brunch on weekends and coffee

In this vibrant neighborhood homeowners are also able to immerse your children into the fascinating culture and history in The Little India heritage district just within a few steps. Green parks such as Fort Canning Park and Botanical Gardens can be reached through a simple MRT journey via the Downtown Line.

Since KK Women’s & Children Hospital is close by the property, the Piccadilly Grand property is also ideal for couples looking to start families so that both parents and children are able to receive top-quality medical treatment without the need to travel far.

In the city’s edges, properties in Farrer Park are popular with young homeowners who are looking for an affordable private property near their workplace located in Singapore’s CBD and easily accessible to the rest of Singapore by public transportation.

This apartment located on Northumberland Road is a welcome new addition to the area and is especially suitable for those who have been waiting for a chance to purchase an property within the Farrer Park region.

Piccadilly Grand’s detailed diagram is scheduled to be available shortly! Sign up for a free VVIP to receive the latest information on the development.

Northumberland Condo’s plans for the floor are scheduled to be revealed in the near future! Sign up for a no-cost VVIP to receive the most recent information on the developments.

CDL-MCL was up to 10 bidders in the land sales by the government (GLS) tender , and emerged triumphant with the winning price that was $445.9 million. It’s $1,129 per sq ft ppr over the gross floor area (GFA) that is 394,809.46 sq feet.

It’s 5.7% higher than the second highest bid of $422 million or $1,069 in ppr offered by Winrich Investment, and 74.2% over the lowest price of $256 million made from Japura Development. It’s also more expensive than the cost of at the previous GLS site, Uptown @ Farrer located on Perumal Road, which was transferred by Low Keng Huat (Singapore) Limited for $1,001 per psf on January 17, 2017.

Based on the $1,129 highest bid, the breakeven price for a developer could be anywhere between $1,800 and $1.900 psf as the cost of launching each condo could range at $2,100 per square foot to $2,200 per sq ft.

CDL is a world-class real estate business that has a vast network of 112 locations across 30 countries, regions. One of the largest firms in terms of market capitalisation in the Singapore Exchange, CDL’s portfolio includes offices, residences hotel, serviced apartments shopping malls, as well as integrated developments.

One of the most notable developments in the portfolio is the award-winning South Beach mixed use development. With a densely-planted sky garden The property was planned to be a symbol of sustainable development and Singapore’s idea of “City in Gardens”

A major homeownership developer within the area, MCL Land has established an illustrious record of building top-quality houses in the region over the last 50 years. The extensive portfolio of MCL Land includes top residential properties located in Hong Kong, Singapore, Malaysia, China, Vietnam, Philippines, Indonesia and Thailand. Its most prominent developments include 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.

A Piccadilly Grand unit located at the Northumberland Road site is suitable for young couples, individuals and families, as also investors due to its convenience and demand for properties in this region. Farrer Park Primary School is only a short walk away from the famous St. Joseph’s Institution is accessible via the Downtown Line.

Medical facilities of the highest quality are located within walking distance. When it is completed it will be property will be situated close to Connexion Singapore’s first healthcare and hospitality complex, which offers healthcare as well as hospitality, preventive medical as well as medical education and training disciplines all under one roof. Farrer Park Medical Centre is located in the west part of Connexion located just a five-minute walk from the condo. KK Women’s and Children’s Hospital is only a 10-minute walk.

With the Farrer Park MRT station serviced via the North-east Line and the Downtown Line residents living on Piccadilly Grand can easily commute to their jobs in the city’s centre and can also get to popular destinations like Marina Bay, Fort Canning, Chinatown, Clarke Quay and Harbourfront.

If you’re buying a condo unit as a whole family or a single person, or as an investor, the new condo located at Northumberland road is a great investment for rental and capital appreciation because it’s inside Singapore’s Core Central Region (CCR) of Singapore with an excellent connection to other parts of the city. It is likely to remain a highly sought-after property for years to be.

The shrinking supply of private homes in the city-fringe zone is likely to create the demand for a condominium unit located on Northumberland Road. Although it is an 99-year leasehold property the property will be sought-after among young homeowners who are looking for an affordable home that is private.

For investors looking to invest, renting a leasehold property in this region is the best option to earn a rental particularly from expats who wish to reside on the city fringes near their workplaces in the CBD in a relatively affordable manner in comparison to the rental costs of freehold condominiums in the city.