In 2019, or as we all know later this year Piermont Grand EC will open its doors for new owners. This condominium has been the best-known, the most popular and the most desirable since the day developers started working on the project. As such, we can see the high demand regarding the new condos. So, why there is so much buzz regarding it? Let’s find out.
The most expensive property in Singapore
Piermont Grand EC is known for being the most expensive property in Singapore of all times. It attracted 17 bids from some of the biggest construction companies in the city. The top bid was at over $508 million and it was provided by the CDL Constellation. You may have heard of this company. It is one of the largest in Asia and they have been making impressive condominiums, facilities and business objects for a long period of time. The sister company is TID Residential. Together, these two companies are making some of the best buildings in Asia, not only in Singapore.
If we know that space is around 27.500 square meters, we can deduce that the average price per square foot is around $500. Don’t forget that this is an executive condominium that offers all kinds of benefits and advantages. It is expected to become the most desirable place for living in the whole city. Apartments will vary in size and they will be available through the current year and the next one. In addition, most of the condos will be sold out as soon as possible.
The location is on 99 years leasehold
You will want to know that Piermont Grand EC is on the leasehold of 99 years. This is basically standard duration and it doesn’t have any issues or anything that you should be concerned for. It isn’t only standard in Singapore but rather is most countries in the world. Now you can enjoy your new apartment knowing that it is safe and reliable.
The condominium is massive in the lack of a more appropriate word. It consists of 13 blocks, 10-17 stories each and it offers 820 condos. You will all agree that this is massive complex that offers plenty of space for families, singles and also for businessmen who want to get the full list of benefits living in the best corner of the city.
Don’t forget that despite the massive size and plenty of units available, all of them will be sold out within months. Already there are thousands of potential buyers who are looking for the new condo right here and they are ready to meet all the requirements and to exceed all expectations. We only hope you will be one of them and you will get your new condo precisely as you want.
The final word
Piermont Grand EC isn’t something ordinary and simple. It is completely the opposite. The condominium is elegant, massive, comes with all advantages known to man and it looks stunning.