Piermont Grand EC in Punggol is expected to sell out fast

Source: Businesstimes

Piermont Grand EC is the only Executive Condominium to be launch in 2019. Located at Sumang Walk in Punggol estate, Piermont Grand EC is expected to have many interests and as there is a shortage in the supply EC in the market. There will be similar take up rate as to compare to the previous Hundred Palms Residences EC located at 264 Yio Chu Kang Road. The demand for this development was so popular that in a mere 7 hours after the start of the launch, with more than 2,700 e-application received in the two weeks before launch, all 531 apartment units are sold out. It was sold at an average price of $836/sqft. Its overwhelming popularity is due to the fact that firstly, it is located in Hougang, which is a mature estate, Secondly, being an EC located in a mature estate, it sells for such a reasonable price and lastly, it is of high quality with exuberant design.

Besides, it is located right opposite Heartland Mall, where Kovan Market and Food Centre and Kovan MRT is located. Furthermore, it is located two streets away from Hougang Mall, where Hougang MRT and Hougang Central Bus Interchange is located, as well as Serangoon MRT, which is an interchange station that serves both the North-East line and Circle Line. Surrounding it, there is a couple of schools ranging from preschool to junior college.

Preschools includes two PCF Sparkletots Preschools, Wesley Vineyard Childcare and My First Skool; Primary schools include Monfort Junior School, Hougang Primary School, Punggol Primary School, Yang Zheng Primary School, Yio Chu Kang Primary School, St Gabriel’s Primary School, Holy Innocents’ Primary School and the reputable Rosyth School and Xinmin Primary School; Secondary schools include Zhonghua Secondary School, Peicai Secondary School, Bowen Secondary School, Hougang Secondary School, Holy Innocents’ High School, Monfort Secondary School and the reputable Xnmin Secondary School; Junior colleges include Nanyang Junior College and Serangoon Junior College, both of which requires outstanding academic results to get into.

Some of the other amenities include Ci Yuan Community Club (CC) which has a hawker centre and Teo Heng Karaoke, Serangoon North CC, Serangoon Gardens Country Club, Chomp Chomp Food Centre, Nex Shopping Mall, Hougang Mall, Heartland Mall, Hougang Green Shopping Mall, as well as a public library at Nex and a couple of Sports Centres.

With such an abundance of amenities in its direct vicinity, and with such convenient public transport system and reasonable price for an EC, it will definitely be a loss if one were to miss out on the opportunity to get their hands on one of the units at Hundred Palms Residences.