Punggol Sumang Walk EC
PUNGGOL – The next phase of EVOLUTION
Punggol Waterway Point
Punggol Safra Clubhouse
Punggol MRT Station
Punggol Safra Clubhouse
Piermont Grand Executive Condo (EC) at Sumang Walk estimated launch date is somewhere June or July 2019. This EC is near the Punggol Waterway Point and most of the units will enjoy the water view.
Buyers has to meet the eligibility conditions of the Housing Development Board (HDB) in order to purchase this EC.
In the latest 2019 Masterplan, Punggol will be going through the next phase of Evolution! Some mega projects will be introduced in Punggol like;
- JTC Business Park which will be integrated seemlessly to
- The 5th University – Singapore Institute of Technology
- Market Village, located at eastern end of Campus Boulevard
- A new MRT – Punggol Coast Station will reduce traveling time to any part of Singapore by 15 min
- Heritage Trail where nature lovers can cycle or take leisurely stroll
And many more excited projects in Punggol which will transform Punggol into a new Digital District and become a vibrant and inclusive place.
Punggol Digital District
The Next Generation Smart & Integrated District
Connecting Singapore Institute of Technology (SIT)’s campus and JTC’s Business Park spaces inside Punggol North to build Singapore’s first truly smart district. PDD will not just house the key growth industries of the digital economy like cybersecurity and digital technology, but will also be an inclusive and green lifestyle terminal for the surrounding community.
It is conceptualized to be:
- A community playground and green heart for all visitors of Punggol
- A car-lite neighbour that allows everyone to travel with ease
- A vibrant economic and learning hub
- A pilot Enterprise District, with shared spaces between industry and academia
A Smart District – Punggol
As Singapore takes steps towards being a Smart Nation, PDD will be the showcase of how integrated master planning and technology can help create a more liveable and sustainable environment for the community at a local district level, and foster a thriving business and lifestyle ecosystem that attracts talent and enables innovation.
Here are some of the district-wide infrastructure and services that will be in the area:
An Open Digital Platform will integrate the management of the various buildings within a single estate system, as well as centralise the data collection of these systems. Innovators can plug into the platform and access the data to create community-centric solutions.
The Centralised Logistics Hub is a single stop where all goods can be dropped off and picked up, improving productivity and reducing traffic.
With a District Cooling System that centralises cooling needs, expect space and cost savings with reduction in the district’s carbon footprint.
Pneumatic Waste Collection, with a district-wide underground vacuum-pipe network, this would eliminate the need for waste collection trucks and eradicate odour from refuse chutes.
A Smart Energy Grid will not only enable consumers to adopt clean sources of energy for daily use (e.g. charging electric vehicles), but also facilitate greater energy efficiency and savings (e.g. through smart metering).
|Development Name:||Piermont Grand|
|Developer:||CDL and TID (Joint Development)|
|Land Area:||291,219 sqft|
|Total Units||Approx 820 units|
|Expected date of Vacant Possession:|
|Expected Legal Completion Date:|
Primary Schools Nearby
Punggol Cove Primary School (within 1km)
Compassvale Primary School (within 1-2km)
Edgefield Primary School (within 1-2km)
Oasis Primary School (within 1-2km)
Punggol View Primary School (within 1-2km)
Punggol Green Primary (within 1-2km)
Springdale Primary School (within 1-2km)
Basic EC Eligibility for Family Nucleus
Minimum of 1 Singaporean + 1 Singapore PR
No Private Property for past 30months
Have not purchased a subsidised flat twice*
Incoming Ceiling of $14,000
Determine First Timer or Second Timer
First Timer – if you have not enjoyed any form of housing subsidy.
Housing Subsidy comes in the form of CPF Housing Grant, purchased a HDB/DBSS/EC direct from HDB or Developer; Selective Enbloc Redevelopment Scheme (SERS) which is HDB flat being enbloc; and HUDC estate privatisation.
First Timer CPF Housing Grant to purchase an EC is up to $30,000 for eligible applicants.
Second Timer – have enjoyed housing subsidy ONCE only. If you have enjoyed more than once, you will be INELIGIBLE for an EC application.
Check your MOP – HDB/DBSS owners has a Minimum Occupation Period (MOP) of 5 years and current EC owners has a 5 year MOP + a disposal period of at least 30months.
Second Timer Resale Levy is applicable and amount depends on the date of sale of the subsidised flat, the type of flat and Recipents whom received the grant.
Send us a TEXT and we will reply or call you back soonest for more discussion.
Piermont Grand (Punggol EC) is pending for sales and related information will be SMS or Whatsapp to registered applicants
Applicants are advised to start planning for their finances. Please note that the maximum bank loan is 75%.