Piccadilly Grand @ Northumberland Road, District 8 Singapore
Seeking indication of interest. Register your interest now at 6100 8486
Piccadilly Grand is a 99 year leasehold development developed by 2 prominent developers, MCL Land and City Developments (CDL). It is going to be an exciting new launch since its their first big project together.
Developer
CDL Pte Ltd & MCL Land
No. of units
405
Tenure
99yr leasehold
TOP
An exciting project for home buyers
If you are looking for convenience of living in a central location with lots of convenience then this project is going to be the one for you. This will be a masterpiece in the making when these 2 developers come together. You could expect a modern facade and top of the range fittings in all unit types. Piccadilly Grand would make home owners be proud to call it home.
A mixed development of commercial shop space on the first floor with an exclusive residential of estimated 405 units on top will be estimated to be completed by 2026. Estimated to be about 23 storeys high on the residential portion. There will also be an infant care and childcare centre at the ground level.
As Piccadilly Grand is situated in between 2 MRT stations such as Farrer Park (N8) and Little India (N7) from the North East Line and Little India (DT12) of the Downtown Line, going to work or play in the Marina Bay area as well as to the city is just as convenient. The charming and eclectic neighbourhood of the Little India vicinity with the rows and rows of interesting shophouses and eateries.
Highlights of Piccadilly Grand
Here are some reasons as to why buy Picadilly Grand.
1. A joint venture between 2 big developers, MCL Land & CDL
2. A rare mixed development in the city fringe.
3. Low density estate with only 405 units.
4. 5mins walk to Farrer Road MRT station, underground mrt line.
5. Walking distance to 2 MRT lines, Downtown line and North East Line.
6. Good location being just minutes drive to Bugis Junction, Suntec City etc.
7. Highly accessible via small roads and also to expressways such as CTE, KPE, MCE.
8. Highly rentable location for those looking as investment.
9. Potential of good capital growth.
10. Convenient development with shops, childcare and groceries on the first level.
Piccadilly Grand Specification
Project Name
Piccadilly Grand
Developer
Joint Venture between MCL Land & City Development Living (CDL)
Address
Northumberland Road
Tenure
99year leasehold
Expected TOP
2026
No. of Blocks
TBA
No. of Units
405 units
Site Area
94,000sqft
Architect
TBA
Landscape Consultant
TBA
Piccadilly Grand Unit Types
Unit Type
Size
1bedroom
TBA
1bedroom + Study
TBA
2bedroom 1bath
TBA
2bedroom 2baths
TBA
2bedroom + Study
TBA
3bedroom
TBA
4bedroom
TBA
Piccadilly Grand Prices
The estimated psf starting from $1950 psf onwards. More pricing will be advised in due course.
Having successfully bidded for the land parcel near Little India which won them at $445.9million. It would translate to $1,129psf per plot ratio and because of that the estimated breakeven price would be at $1800-$1850psf according to resources.
There were a total of 10 interested parties in this government land sales parcel during the second quarter of 2020. At a time when Singapore was in lockdown due to covid-19 situation.
The robust property land bid could have stemmed out from the lack of government land sales in the the city fringe area. The second highest bidder went to Wingtai Properties at 5% lower at $421.9 million. Another land bid that attracted as many developers would be the one at Lentor Central.