Piccadilly Grand, a new launch by Maximus Residential SG Pte Ltd, a joint venture between City Developments Limited (CDL) and MCL Land, is situated in the vibrant Farrer Park/Little India neighbourhood. It is a mixed-use development consisting of 3 towers, each 23 storeys tall, which house 407 units that range from one bedders to five bedroom dual-keys.
It offers an excellent combination of amenities for residents to enjoy. For starters, it is directly connected to Farrer Park MRT station with sheltered access. On top of that, there is a retail component named Piccadilly Galleria on the ground floor, which features food and beverage outlets and a childcare centre, making it a great choice for families.
Piccadilly Grand is priced quite high compared to other Rest of Central Region (RCR) condos, but it is still within a reasonable price range given its amenities and location. The resale market for RCR condos is quite strong, so this should help sustain the price of Piccadilly Grand in the long run when it reaches the secondary market.
Pricing & Quantum
The price per square foot for the entire development is also much lower than many other RCR projects, especially for the 3 and 4 bedroom units. This is because the developers have done a lot of cooling measures to make the project more appealing to buyers and investors.
It is also worth noting that Piccadilly Grand comes with an above-ground car park instead of a basement car park, which helps to minimise noise pollution and maximise the privacy between the unit and the road. It is also a cost-saving measure that helps to reduce the overall building cost and ensures that all of the units have adequate buffer space between them and the road.