Picadilly Grand at Northumberland Road by 2 prominent developers

When news of a new GLS land went on sale at a time when Singapore was having the 1st lockdown due to the Covid virus, no one would have thought that buying land to develop condominium would still be exciting. It proves that virus or not life still goes on. And not only that, there were a huge demand for land when 10 developers bidded fiercely for this land plot on Northumberland.

A bid that won 2 big developers, MCL Land and CDL 445.9million. Its breakeven price is estimated to be $1850psf. This plot seems exciting because they will be able to develop a mixed development on it. A commercial space on the 1st level with a childcare and infant care centre and also 405 units of residential with about 23 storeys.

Picadilly Grand will be these developers 1st exciting project together. Its a project worth waiting for. For those buyers waiting on the line to purchase, this one is located on District 8, within walking distance to Farrer Park Mrt station and Little India downtown line station.

Read more on other new launches here.