City Fringe Living in Style
Piccadilly Grand Project Details
|Project Name||Piccadilly Grand|
|Project Type||Mixed Development (Residential and Commercial)|
|Developer||City Developments Limited & MCL Land Limited|
|Project Architect||ADDP Architects LLP|
|Landscape Consultant||Tinderbox Pte Ltd|
|Builder||China Construction (South Pacific) Development Co Pte Ltd|
|Project Interior Designer||2nd Edition Pte Ltd|
|Land Area||94,000 sqft|
|Residential Height||23-Storey Residential Tower (approx. 79m)|
|Residential Address||1, 3 & 5 Northumberland Road (Residential)|
|No. of Units||407 Residential Units
|Commercial GFA||Retail (F&B / Shops GFA = 1500 sqm)
Child Care Centre = 500 sqm
|No. of Carpark Lots||330 Residential Carpark Lots (inc. 4 accessible lots and 3 EV lots) 80% Provision
14 Commercial Carpark Lots (inc. 1 accessible lot)
|Tenure||99 years commencing from 2 Aug 2021|
|Unit Types||1-5 Bedrooms (with Dual Key)|
|Expected Date of Vacant Possession||2 August 2026|
|Expected Date of Legal Completion||2 August 2029|
About the Piccadilly Grand Project Name
With the Northumberland site being an integrated development with direct access to Farrer Park MRT station, it is envisioned to be the next transformative landmark within the Farrer Park district, while being surrounded by historical shophouses and hotels, old school eateries and cultural monuments. We liken this development to Piccadilly, which is an iconic district in London as well as a hub of culture, tradition and modernity.
Piccadilly is known to be a muse for artists and musicians; likewise in Farrer Park, we can find many quaint cafes and art galleries inspired by Farrer Park’s creative, entrepreneurial spirit.
There are many streets in Farrer Park that are named after places in UK. Northumberland itself is one, and others include Gloucester, Dorset, Oxford, Cambridge and many. Hence, naming our development after an area in UK is the most appropriate.
Together, Piccadilly Grand and Piccadilly Galleria will reflect and respect the onomatology of the neighbourhood while improving the gentrification of this central integrated development (like its London city namesake) with a promise of urbane pleasures to come.
About the Piccadilly Grand Site
The site on which Piccadilly Grand sits on was launched by Urban Redevelopment Authority (URA) on 27 Oct 2020 and the developer’s tender was closed on 27th April 2021. The launch attracted quite a fair amount of bids; 10 different ventures altogether. This gives some indications of the potential popularity of the site from the developers’ views. The winning bid of $445.88m came from CDL – MCL Land joint venture.
The site area is about 94,000 sq ft and the maximum permissible gross floor area is 394,809.47 sq ft. This works out to be $1129 / sq ft for the developers.
DBS provided the 4.5-year green loan financing package for the development. This will secure Building Construction Authority (BCA) Green Mark GoldPLUS certifications and will be within CDL’s Sustainable Finance Framework. The units in the development could potentially be installed with energy-efficient green features such as 5-ticks air conditioning systems and LED lighting, as well as a Pneumatic Waste Conveyance System.
About the Piccadilly Grand Project Info
Piccadilly Grand is a mid-sized development that is located in Northumberland Road in District 8, just on the outskirt of the city area where Orchard Road, Singapore’s famous shopping belt is located. It will be built as a mixed development with commercial shops (Piccadilly Galleria) on the first floor. The commercial shops will include F&B, retail, childcare center, etc… There will be 3 blocks of 23 storeys with a total of 407 units of 1-5 bedroom apartments. Also the project will secure Building Construction Authority (BCA) Green Mark GoldPLUS certifications.
Piccadilly Grand Project Location
Piccadilly Grand is located at Northumberland Road, just off Race Course Road.
Exit E of Farrer Park station will lead you directly into the development when the site is ready.
Piccadilly Grand Showflat Location
Piccadilly Grand show flat location is conveniently located at Exit D of Farrer Park MRT station.
Piccadilly Grand Developer
The project for Piccadilly Grand will be constructed by two giants of the real estate industry, City Developments Limited (CDL) and Malayan Credit Limited Land (MCL Land).
City Developments Limited (CDL)
CDL (Co. Regn. No. 196300316Z) is a multi-award leading real estate company with businesses in property development, investment, and management. It has a global reach of over 112 locations in 29 countries and regions. CDL has been developing residences and offices, hotels and serviced apartments, shopping malls, and integrated developments since 1963. It is listed in the Singapore Exchange SGX and is one of the largest companies by market capitalization.
Malayan Credit Limited Land (MCL Land)
With a history of over 50 years, MCL Land (Co. Regn. No. 196300074K) has established itself as a leading residential developer on both sides of the causeway.
MCL Land constantly thrives to create long-term value and innovation in their property development projects for their clients. The end-products are always smart and practical homes that their clients can connect, live and play within their community.