Piermont Grand Sold 46% During Launch
Source – The Straits Times
The one and only Executive Condominium launch for the year 2019, Piermont Grand at Sumang Walk was launched and open for booking on Saturday 27 July 2019.
CDL, Piermont Grand developer was pleased with the astonishing sales despite the higher price tag of median selling price of $1,080 psf. This selling price is inevitable to sell lower due to the high land bid price of $583 psf per plot ratio. Piermont Grand sales has achieved 46% or 375 units sold out from the total of 820 units.
Under the EC regulations, there is a 30% allocation to the second timer. Should the second timer quota is met, this group of eligible second time purchasers are allowed to purchase only after the public launch. CPF Housing Grant of $30,000 is applicable for first time purchaser subject to their gross income ceiling.
Piemont Grand has a wide range of 3 bedroom up to 5 bedroom type. The sold units in this Sumang EC is well received across the different bedroom type. Piermont Grand price is starts from $888,000 for a 3 bedroom, $1.34m for a 4 bedroom and $1.508m for a 5 bedroom.