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Piermont Grand facing river

Piermont Grand EC, located along Sumang Walk, an extension of Punggol Central, is bounded by Sumang Walk, Sumang Link and Punggol Way. Piermont Grand has a site area of  square feet of land and will house 820 apartments. The development has a total of 13 blocks which consist of 2 blocks of 18 storey, 9 blocks of 17 storeys and 2 blocks of 10 storeysThe architecture was designed and crafted to utlilise the location and views it offers while outdoor spaces connect the building to the elements of nature.

It is located in District 19 where there are future plans turning Punggol, into a Digital District, along the North Coast Innovation Corridor as well as fostering industry-academia collaboration at the new Singapore Institute of Technology Campus.

Attractive Price at Piermont Grand
3 Bedroom from S$
3 Bedroom Superior from S$
3 Bedroom Deluxe from 
3 Bedroom Premium from S$
4 Bedroom Premium from S$
5 Bedroom Premium from S$

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Piermont Grand Showflat!

View Floor Plans HERE

Piermont Grand will be constructed with full facilities, modern fittings, elegant furnishings, and dashing interior and exterior decors. The unit types available in Piermont Grand EC range from 3 bedrooms to 5 bedrooms of different layouts, catering for young and growing families. The units will have very roomy layouts which will create a perfect ambience many years for the residents. Young couples and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living.

The units in Piermont Grand are mostly North-South oriented to maximise the brightness of the apartments and also, bring better breeze to the units, this enhance the energy efficiency for the residents. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. Each room exhibit a relaxing atmosphere and privacy to ensure that its occupants have the most-deserved dwelling place for themselves.

Piermont grand 50m lap pool

The surrounding grounds and private outdoor spaces, including balconies, are designed to echo key features of the natural environment with a selection of trees and shrubs that are native to the region. Walkways and greenery are incorporated in the design of the surrounding landscape, bringing to life the traditional values of neighbourhood and community. The Piermont Grand is a thoroughly modern building, featuring fresh, contemporary interior style.

View Facilities and Site Plan HERE

Project  Piermont Grand EC
Developer  Pavo Properties (CDL Developments and TID Residential)
Location  Sumang Walk (Punggol Planning Area)
District  19
Tenure  99 years lease
Site Area  27,056 square metres/ 291,235 square feet
Plot Ratio  3.0
Expected TOP Date:  Feb 2023
Total Units  820 residential apartments
Total Carpark  820 carpark lots + 6 handicapped lots
Development  Proposed Executive Condominium comprising of communal facilities
Unit Type:  3, 4 and 5 bedrooms
Architect  P & T Consultants
Eligibility SC/ SC and SC/ SPR can buy


Piermont Grand EC at Sumang Walk is a short walk to Sumang and Nibong LRT Station which connects seamlessly to Punggol MRT Station, serving the North-East Line and the Punggol Bus Terminal. Future residents will have ease of connectivity not only the MRT line and the integrated transport system but also the Tampines Expressway (TPE) and Kallang Expressway (KPE) which is a short drive away will give more options of convenience to residents. Piermont Grand is approximately 18 minutes drive to Orchard Road shopping belt, City Centre and Downtown Central Business District (CBD).


The new Waterway Point which is a short distance walk away, will bring future residents of Piermont Grand EC with exciting and convenient suburban shopping, dining and entertainment experiences with its huge range retail, F&B and entertainment facilities. It provide convenience for future residents in getting their dining, leisure, shopping and entertainment needs with numerous retail shops, eating outlets and supermarket. The upcoming Punggol Food Centre will also give many choices to Piermont Grand EC’s future residents with local delights.

When it comes to recreation purposes, Piermont Grand EC is close to My Waterway @ Punggol, a 4.2 km long waterway offering pockets of greenery, promenades, cycling tracks, water sports and various outdoor activities for its  residents’ enjoyment. My Waterway @ Punggol also connects to the Sengkang Riverside Park, the Punggol Park, the Punggol Waterway Park and the Punggol Point Park.

Residents can enjoy an active life-style, taing advantage of the cycling/ jogging paths of the Punggol Park Connector. Residents will embrace in what nature has to offer and experience tranquility along Waterway @ Punggol. Its future residents can enjoy the 4 themes available at My Waterway @ Punggol namely, the Nature Cove, the Recreation Zone, Heritage Zone and Green Gallery. There is a bridge over the Serangoon Reservoir which is connecting The future residents to the Lorong Halus wetland. This is a new attraction teeming with wildlife and dotted with information kiosks and a visitor centre.

Residents can also enjoy their days in the new and upcoming Safra Punggol Clubhouse which is located at Sam Kee LRT Station, Piermont Grand is a short distance drive to Marina Country Club where residents can enjoy many water activities and also dining and drinks here while enjoying the tranquility of Sungei Punggol Reservoir.


Piermont Grand EC future residents with school going children can choose from a wide selection of local schools in its vicinity such as Anchorgreen Primary School, Compassvale Primary School, Punggol Cove Primary School, Horizon Primary School, Greendale Primary School, Edgefield Primary School, Mee Toh School, Punggol View Primary School, Rivervale Primary School and Oasis Primary School. The secondary schools include Compassvale Secondary School, Greendale Secondary School, Punggol Secondary School and Edgefield Secondary School.

City Developments Limited (CDL) is a Singapore-listed international real estate operating company with a global presence spanning 97 locations in 26 countries. As one of Singapore’s largest companies by market capitalisation, its income-stable and geographically-diversified portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totalling over 18 million square feet of floor area globally.

CDL has hotel assets in one of the world’s largest hotel groups – its London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), has over 130 hotels globally, many in key gateway cities. Globally, CDL has developed over 40,000 homes and is one of Singapore’s largest commercial landlords, with one of the biggest landbanks amongst Singapore private-sector developers.

Building on its track record of over 50 years in real estate development, investment and management, CDL has developed growth platforms in five key international markets – UK, US, China, Japan and Australia. The Company is also leveraging its stable of prime assets and growing its real estate funds management business. It currently has over $3.5 billion in funds under management.

rainforest pool- CDL developer of Piermont Grand

City Developments (CDL) believe that the types of landscaping the condo development receive will contribute to the wellness of the residents. The recent few condos by CDL which won the best landscape are The Rainforest in Choa Chu Lang, completed in 2015, was conceptualised as a "nature reserve" for endangered plant species. It was made up of 22 native species of trees and palms and 26 native species of shrubs and groundcover.

The Tree House- CDL developer of Piermont Grand EC

The Tree House Condo at Chestnut Avenue off Bukit Panjang Road has a 24 storey green facade, which entered the Guinness World Record for largest vertical garden in 2014. In a bid to become one of Singapore's most eco-friendly property firms, CDL Developments had further raised its performance target in the field of sustainability. 

Lush-AcresHydroponics- CDL developer of Piermont Grand EC

And Lush Acres along Fernvale Close in Sengkang has a hydroponic farm, where residents can plant their own herbs and vegetables within a temperature-controlled environment.

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Piermont Grand EC Unit Mix Distribution
Unit TypeTypeArea (Square Feet)Total No. of Units
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA
PierMont Grand EC Facilities
 A Condo-Club Concept with 128 facilities
Piermont Grand EC Price List
Unit TypeArea (Square Feet)PricingPSF
1 Bedroom TBA TBA TBA
2 Bedroom TBA TBA TBA
3 Bedroom TBA TBA TBA
4 Bedroom TBA TBA TBA
5 Bedroom TBA TBA TBA
Penthouse TBA TBA TBA


Piermont Grand location map


View Floor Plans HERE

Piermont Grand site plan


View Prices and Available Units HERE

  • Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
  • Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
  • Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
  • Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.


View Site and Facilities Plans HERE

Piermont Grand is a new EC, where the site was sold to CDL Development, for 509.37 million, through Government Land Sales. The sale price of $509.37 million works out to a land cost of about $583  psf per plot ratio on the potential gross floor area.

Cost of Land

The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.

Construction Costs

The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.

Developer Expenses and Profit

The cost of land and the cost of building the condominium will give you the base cost of the project. A fraction (30%) of that base cost will be added in order to cover the additional expenses (conveyance fees and financing costs, for example) incurred during the land development. That fraction of the base cost also covers the profit margin of the developer. The total of the base cost and the extra 30% in order to arrive at an estimate of the likely new condo price on the launch date.

Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.

Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.

  • Administrative expenses: Staff costs, office rents etc..
  • Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
  • Finance costs: interest expense paid to the finance institutions for financing the development.

Land Cost: $583 psf prr
Construction Cost: $400psf
Marketing expense: 100 psf
Profit margin: 15%
Estimated launch price: $1245 psf


Punggol is building quickly to hold up the population increase on the island and people will start to move into Punggol starting from 2014/ 2015 when the projects start to get their TOP.

Punggol has transformed into a residential eco-town, providing a high-quality living environment amidst a dense green and blue network. As the town continues to develop, residents can look forward to new retail amenities, more community and recreation facilities, enhanced transport connectivity, as well as more job opportunities close to home.

PIERMONT GRAND EC Punggol: Fulfilling dreams at the waterfront
Punggol is steadily shaping up to be one of the most sought-after housing location in Singapore. This waterfront town currently offers a wide variety of housing options, with residents enjoying easy access to amenities as well as parks and recreation spaces. Future developments will focus on providing even more housing choices while bringing greater convenience to daily living and making waterfront leisure more accessible to the residents of Punggol, including:

  • New waterfront housing districts spread across the town. This will start with the Matilda District, which will pay homage to the former plantations and historic Matilda House in the area, and the Northshore District which will feature an extensive network of second-storey walkways connecting residents outwards to the sea
  • Punggol Town Hub, an integrated community hub development that includes a Community Centre, hawker centre and a regional library, located within the Town Centre
  • Punggol Town Square, a gathering space for community activities, overlooking My Waterway@Punggol.
  • Waterway Point, a new shopping centre adjacent to Punggol MRT Station.
  • A new polyclinic along Punggol Drive and the Bright Hill Nursing Home on Punggol Field, easily accessible by LRT.
  • A new F&B development at Punggol Point
  •  Additional primary schools will be built in the coming years to meet the needs of residents

PIERMONT GRAND EC Punggol- Shopping and Amenities


Punggol Waterfront Mall-  Waterway Point

Waterway Point- the first suburban waterfront mall to be developed in Singapore, will provide a fresh retail and lifestyle experience, adding vibrancy to Waterfront Town. The mall, targeted to be completed in 2015, will boast a first-of-its-kind cinema with an estimated 1,000 seating capacity and boasts the first ever suburban late-night shopping, dining and entertainment concept by the waterfront. It comprises 4 levels inclusive of 2 basements, and has a tenant mix of approximately 30% F&B, 40% retail, 15% entertainment, 15% others (education institutions, banks, civic & community amenities such as a library).

Waterfront Living- Punggol

Cycling Trail  Punggol

Waterway  Punggol 

PIERMONT GRAND EC Punggol: More recreational choices for young and old

Today, Punggol residents young and old have a host of recreational options at their doorstep, from leisurely strolls and cycling along My the Waterway@Punggol and Punggol Promenade, to exercising at fitness stations amidst the greenery of Punggol Town Park. More green spaces and recreation facilities will be developed in the coming years for residents to enjoy an active and healthy lifestyle. These include:

  • A rustic park on Coney Island
  • More green spaces that bring residents closer to the waterfront
  • Sports Facilities and a SAFRA Clubhouse located within the Town Centre.

Punggol Sports Centre

PIERMONT GRAND EC Punggol: Better ways to travel, better transportation

  • To keep pace with new developments, there will be enhancements to public transport and improvements to the road and cycling networks. This will make getting around the town and to other parts of Singapore faster and easier, including:
  • An intra-town cycling network
  • Two new MRT connections by 2030, the Cross Island Line (CRL), a 50km MRT that will run from Changi to Jurong, will have an offshot that links Punggol to Pasir Ris and the 2km extension of the North-East Line (NEL), when done by 2025 to serve the new Punggol Downtown
  • The Western LRT loop, which will begin operations in tandem with upcoming developments
  • Improvements at Punggol Way and Punggol Road to provide smoother connections to Tampines Expressway (TPE)
  • Improvements to Punggol Place
  • A new road linking Punggol Central to TPE and KPE
  • The Punggol Semi-Expressway, which will be the main route for inter- and intra-town travel in the longer term

PIERMONT GRAND EC Punggol: Creating an innovative work-learn-play environment
An expanded mix of activities will be introduced, adding vibrancy to the whole Punggol town and opening up more job opportunities for residents nearby. These activities will be located in the new Punggol Downtown, to be created by extending the existing Town Centre towards the waterfront.
Residents can expect:

  • The Creative Cluster - a new district to house innovative industries, with green spaces, community spaces and excellent waterfront views to provide an attractive work and play environment
  • A tertiary institution, which will form a Learning Corridor with connectivity to the Creative Cluster


EC- Article on Potential on ECs

Owners of Executive Condominiums (EC) stand a huge capital potential appreciation in due of the low entry price to purchase a unit compared to private condominiums.

After a period of 10 years, the EC will be privatised, changing its status to be on level to a private condominium. Foreigners will be able to purchase the unit then. Owners typically enjoy a capital gain after their EC is privatised.

The above table shows a significant increase in capital appreciation for EC owners. 

Purchasing an EC is extremely promising as we may look into such capital appreciation after it becomes privatised over time.

EC- Article on EC drawing more buyers

As the entry price for an Executive Condominium (EC) is lower than a private condominium, demand for ECs has been on the rise. New EC units are generally 15-30% cheaper than private condominiums. In addition, first timer are entitled to receive a CPF Housing Grant of up to S$30,000. These make EC an extreme worthwhile asset to purchase. 

Physical features are similar when comparing between a new executive condominium with a private condominium. This include facilities such as gym, clubhouse, security guard, tennis court, swimming pool and many more.

With further developments in Sengkang and Seletar, residents of Piermont Grand will look into a long term investment with high profit margin.

EC- Article on price gap closing between EC and private

When doing a comparison between an executive condominium and private condominium, we know that both EC and private condominiums offer the same features such as swimming pool, gym, tennis court and many more, 

As resale executive condominiums are typically larger in space comparing to its counterpart and with a lower entry price, demand has increased for the resale ECs. This has led to a narrowing of price gap.

Owners of resale ECs have profited greatly in the market with their low entry price and they had enjoyed the bigger space and same facilities.


After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.

In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.

Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and 
3) Foreigner purchases for investment.

The current eb-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.

Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.

Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.

A rising household formation rate, driven by singles, and shifting profile of foreign labour towards higher-skilled workers will continue to drive housing demand

Singapore property Prices versus household formation

Population increase Singapore 2019

There were 22,076 new citizens in 2017, the second-highest number in the last 11 years. The permanent resident (PR) figures, meanwhile, remained stable over the past year, at 522,000. In 2017, 31,849 were granted PR status.

Upside Potential

In the coming years, the next neighbourhood likely to generate huge buyer momentum is in the North-East region. With upcoming developments which include:

Punggol Digital District 2

Singapore’s First Digital District

The Singapore government is aiming to turn the Punggol region into the country’s digital district, making it somewhat comparable to Silicon Valley. The Piermont Grand EC is right in the heart of the plans, making it the ideal condominium development for those who are looking to become part of the innovative industry.

With a wide range of tech companies, cyber businesses and startups attracted to the region, the Piermont Grand’s inclusion in the plans for the Singapore Digital District means that the entire area surrounding Sumang Walk will see a thriving economy. This is sure to lead to everything from a higher quality of life, an affluent community and further development that provides all sorts of recreational activities for both young professionals and families.

The Digital District in Singapore will be fully managed by a single digital platform, keeping the entire community safe and secure at all times. Being the condo development closest to the Singapore Digital District means that the Piermont Grand will be able to benefit from all the cutting-edge security, innovation and more.

The Piermont Grand EC also finds itself being developed around the sustainability and livability standards that come with the Digital District. The dynamic infrastructure ensures that there will be optimised use of energy and resources, while limiting the carbon footprint and negative emissions. Automated product deliveries, automatic waste collection and advanced living management systems will all be put in place.


Since Piermont Grand new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.

After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Piermont Grand new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.

Buying a unit in Piermont Grand condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Piermont Grand is newly launch, but you will have to act fast because condominiums sell out pretty fast.

This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.

The developer’s marketing team will enlighten you regarding the all the particular details of Piermont Grand such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.

Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Piermont Grand in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.

But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Piermont Grand is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. The Piermont Grand also offer much better facilities than any other resale property.

Investing in a unit in The Piermont Grand newly launched EC does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.


If you wish to visit Piermont Grand Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.

No Agent Fees! Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Piermont Grand Executive Condominium. 

Get in touch with The Piermont Grand Developer Sales Support Team.

It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Piermont Grand units today!

The Piermont Grand Showflat is located along ................

Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Piermont Grand their dream home.

Do register early to book Piermont Grand Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.

4 Simple things to take note before visiting Piermont Grand Showflat Gallery

1) We advise to check and know how much CPF you are able to use to purchase Piermont Grand Executive Condo

2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment

3) With MSR 30%, you will need to know how much loan amount that you are able to loan

4) For the actual launch date, you will need to understand on how the balloting system works

Register Early to keep yourself update on the latest information pertaining to Piermont Grand. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.


You are only one-step away from owning a unit in Piermont Grand

Thank you for Your interest in Piermont Grand

Be among the first to view and book Piermont Grand, a new life-style living condominium in Punggol, at the lowest pre-launch price

Enjoy attractive prices before the official public launch. Be the first to secure your choice unit

  • Latest updates on the development
  • Priority unit choice and selection
  • Enjoy early-bird VVIP Discounts
  • Direct Developer price
  • No Commission payable

Register for a copy of Piermont Grand Floor plans, E-Brochure, Pricing and Latest Updates when available!


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