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Piccadilly Grand will open for preview on April 23, with sales bookings to begin on May 7 (Photo: CDL, MCL Land)
SINGAPORE (EDGEPROP) - Piccadilly Grand, an integrated development located on Northumberland Road in the Farrer Park area, will open for preview on April 23, with sales booking to begin on May 7.
The 99-year leasehold project is a joint development between City Developments Ltd (CDL) and MCL Land. The joint venture was awarded the government land sale site in April last year after submitting the top bid of $445.9 million ($1,129 psf per plot ratio).
The development comprises 407 residential units housed within three 23-storey towers. Units are made up of one-bedroom units starting from 484 sq ft in size, all the way to five-bedroom premium units measuring 1,679 sq ft that come with a private lift.
According to CDL and MCL Land, one-bedders at Piccadilly Grand will be priced from $1.058 million ($2,186 psf). Two- and three-bedroom units will start from $1.348 million ($2,087 psf) and $1.788 million ($2,025 psf) respectively. For larger apartments, four-bedroom dual-key units will start from $2.738 million ($1,942 psf), while five-bedroom units are going for over $3 million.
The residential towers will be connected to Piccadilly Galleria - the development’s commercial component which encompasses 16,146 sq ft of F&B and retail space as well as a 5,382 sq ft childcare centre. The development will also have a direct linkage to Farrer Park MRT Station on the North-East Line.
Piccadilly Galleria will have 16,146 sq ft of F&B and retail space as well as a 5,382 sq ft childcare centre (Photo: CDL and MCL Land)
Piccadilly Grand is close to numerous amenities including City Square Mall, Connexion, Mustafa Centre, Centrium Square and Bugis Junction. The CBD and the Orchard Road shopping belt are within a 15-minute drive via major expressways such as the Central Expressway and Pan-Island Expressway.
Several schools are located within 1km distance, such as Farrer Park Primary School and St Joseph’s Institution (Junior).
Named after London’s Piccadilly area for its connectivity, historical significance, as well as its vibrant retail offerings, Piccadilly Grand will reflect the “distinct sensibilities of the Farrer Park district”, according to CDL and MCL Land.
Facilities will include a comprehensive range of recreational amenities for residents, spread across three clubhouses and five lifestyle zones. Apartments are also fully fitted with state-of-the-art smart home technologies, Bosch kitchen appliances and Villeroy & Boch and Hansgrohe fittings. Four- and five- bedroom units will also be provided with imported marble flooring.
Artist's impression of the Vitality Pool at Piccadilly Grand (Source: CDL and MCL Land)
Piccadilly Grand marks the inaugural project launch for the joint-venture partnership between CDL and MCL Land in Singapore, which CDL group CEO Sherman Kwek says leverages both companies’ strengths. MCL Land CEO Tan Wee Hsien says the launch of Piccadilly Grand is set to “step up the pulse of the marketplace”.
In addition to Picadilly Grand, CDL and MCL Land have two more joint-venture projects in the pipeline - the 639-unit executive condominium project at Tengah Garden Walk, as well as a residential development at Jalan Tembusu which will have around 640 units. The projects are slated for launch in 2H2022 and 1H2023 respectively.
Piccadilly Grand will be jointly marketed by ERA, PropNex and Huttons. This is the first major private residential launch for the year, after property cooling measures came into effect in December 2021.