Pricing
CDL-MCL went up against 10 other bidders for this government land sales (GLS) tender and emerged victorious with the winning bid of $445.9 million to secure the site for the construction of Piccadilly Grand. This works out to $1,129 psf ppr over a Gross Floor Area (GFA) of 394,809.46 sq ft.
This is 5.7% higher than the second highest bid of about $422 million or $1,069 psf ppr submitted by Winrich Investment, and 74.2% higher than the lowest bid of $256 million offered by Japura Development. It’s also higher than the price the most recent GLS site, Uptown @ Farrer on Perumal Road, which was sold to Low Keng Huat (Singapore) Limited for $1,001 psf ppr in January 2017.
Based on the $1,129 psf top bid, the breakeven price for developer could be between $1,800 and $1,900 psf, while the launch price of each condo unit could start from start from $2,100 psf to $2,200 psf.
-
1 Bedroom TBA
TBA
-
2 Bedroom TBA
TBA
-
3 Bedrooom TBA
TBA
-
4 Bedroom TBA
TBA
-
5 Bedroom TBA
TBA
*Pricing above for Piccadilly Grand are indicative pricing. For the latest pricing, please contact our developer sales team.
- Maximus Residential SG Pte. Ltd.
- License No: C1429
Submit without worry, we respect your privacy.
In light of current COVID-19 situation, viewing of showflat is on appointment basis only, thank you.
Contact Information
Showflat Information
Leave us an enquiry, we will update you when it is ready.
Piccadilly Grand, Proudly Developed By
Copyright 2022. All Rights Reserved.
Developer: City Developments Limited (CDL) and MCL Land Developer License No: TBA Tenure of Land: 99-years Lot No: TS18-02853T
