The Mixed Development at Farrer Park by CDL & MCL Land
Piccadilly Grand Overview
Piccadilly Grand, a new 99 year leasehold mixed development will find its home on Northumberland Road in District 8. It was awarded to a joint venture between City Development Limited (CDL) and MCL Land for $445.9 million or $1,129 psf per plot ratio (psf ppr). Consequently, the launch is estimated to be between $2,100 and $2,200 psf.
Piccadilly Grand can expect about 407 residential apartments of maximum 23 storeys and a commercial retail space, including an infant care and childcare centre, on the first storey. The site has a site area of 8,732.9 sqm and maximum gross floor area of 36,679 sqm.
Located at the city fringe, away from the bustling city centre, yet close enough to reach within a short drive. Future residents will enjoy the many benefits of the location. For instance, Farrer Park MRT station, City Square Mall, Mustafa Centre are only one, two roads away, well within walking distance. The neighbourhood is well equipped with comprehensive amenities catered for people of all ages.
Piccadilly Grand is targeted to launch in Q2 2022. Please register your interest.
MCL Land is a member of the Jardine Matheson Group under Hong Kong Landing Holdings, with 50 years of experience and a leading residential property developer in Singapore.
City Developments Limited is a leading global real estate operating company with over 50 years of experience in the field and a solid development pipeline in Singapore and many overseas markets.
With such strong industry leaders developing the condominium, the development will surely be promising.
Why Piccadilly Grand?
1. Farrer Park MRT is right on the doorstep of the condominium.
2. This is a rare addition of private residential launches in the area with a good land size
3. Surrounding developments are relatively low rised, this ensures a windy unblocked view from your home.
4. Major malls like Mustafa Centre and City Square mall are within minutes walk away.
|Project Name||Piccadilly Grand|
|Location||Northumberland Road, Singapore|
|Developer||CDL and MCL Land|
|Site Area||Approx. 94,000 sq ft / 8,732.9 sqm|
|No. of Blocks/Storeys||23|
|Total No. of Units||407 Units|
|Tenure||99 Years Leasehold from 2 Aug 2021|
|Nearby MRT||Approx. Distance||Approx. Time|
|Farrer Park (NE)||Directly linked to condominium||4 min walk|
|Little India (DT NE)||0.4 km||6 min by bus|
|Nearby Bus Stop / Bus services||Approx. Distance|
|Broadway Hotel-.Serangoon Road||220 m|
|Farrer Park Station Exit D-.Gloucester Road||260 m|
|Aft Gloucester Road-.Dorset Road||380 m|
|Farrer Park Station-.Rangoon Road||400 m|
With Farrer Park in the vicinity, travelling across Singpore with MRT is so convenient. The North East MRT Line brings residents directly to hotspots like Bugis, Suntec City, Marina Bay Sands, Marina Bay Financial Centre, Chinatown and Fort Canning within few stops.
In addition, Little India station is only 6 minute walk away and is an interchange. The downtown line provides direct transport to Bugis, Rochor, Bayfront and Chinatown too. Residents will have the privilege to choose which line to take that is the most convenient.
Piccadilly Grand is also well linked to several expressways. By car, Central Expressway (CTE) is 4 minute away, Pan Island Expressway is 6 minute away, and Kalland Paya Lebar Expressway (KPE) is 7 minute away.
If Piccadilly Grand residents are transiting by MRT, Raffles Place and Orchard are 4 stations, while Bayfront and Marina Bay are 5 stations away. By car, the Central District Area (CBD) will take around 8 minute drive. One North will take about 13 minutes. Changi Airport will be a little further away, 23 minute drive via PIE.
City Centre at Marina Bay is zoned to be the next CBD, focusing on financial and business related activities. Furthermore, it will also be enhanced for the public as more commercial, residences, hotels, entertainment spots, public amenities like pedestrian bridges, roads, etc. will be built. In a few years, connectivity and amenities will be improved and residents can have a better time there, regardless of work or play.
Beach Road, 5 minute drive away from Piccadilly Grand, will be an extension to the CBD after URA’s efforts to revitalise the area. The new Shaw Tower will be an integrated development that houses offices, a transport hub, retail and dining offerings and also lifestyle amenities for the public.
URA plans to inject new amenities into residential areas in Downtown, Rochor, Marina South, etc. For instance, the recreational experience at Orchard Road will be further enhanced as it revamps into a lush green corridor that links Orchard to Fort Canning Park and Botanic Gardens. After this transformation, residents will have a new option nearby for recreational activities.
Piccadilly Grand is near to Novena Health City, which is set to become a health hub in the next decade. The built-up area for all the healthcare facilities and research centres will expand from current 250,000sqm to 600,000 sqm.
In fact, a child’s academic journey from pre-school to higher education would be well covered here in Piccadilly Grand. There is a myriad of popular primary schools in the vicinity within 1 and 2 km.
Reputable secondary schools such as School of the Arts, Singapore (SOTA), Singapore Chinese Girls’ School and more is only about 15 minute bus ride away.
Catholic Junior College, St Joseph’s Institution, St. Andrew’s Junior College, Nanyang Academy of Fine Arts, Singapore Management University and James Cook University are less than 20 minute of bus ride away, still very convenient for residents.
The nearest international school is Invictus International School, within walking distance from Piccadilly Grand.
|Level of education||Approx. Distance||Approx. Time|
|Foochow Methodist Preschool||450 m||6 min walk|
|Pegasus International Preschool||800 m||10 min walk|
|Farrer Park Primary School||Within 1 km||3 min walk|
|St. Joseph’s Institution Junior||Within 1 km||10 min by bus|
|St. Margaret’s Primary School||Within 1 km||10 min by bus|
|Stamford Primary School||Within 1 km||11 min by bus|
|Anglo Chinese School (Junior)||Within 2 km||13 min by bus|
|Anglo Chinese School (Primary)||Within 2 km||14 min by bus|
|Bendemeer Primary School||Within 2 km||13 min by bus|
|Hong Wen School||Within 2 km||14 min by bus|
|Northlight School||1.16 km||17 min by bus|
|School of the Arts, Singapore||1.2 km||14 min by bus|
|Bendemeer Secondary School||1.9 km||15 min by bus|
|Singapore Chinese Girls’ School||2.8 km||15 min by bus|
|CHIJ Katong Convent||7.3 km||28 min by bus|
|Catholic Junior College||2.4 m||18 min by bus|
|St. Joseph’s Institution||2.9 km||18 min by bus|
|St. Andrew’s Junior College||2.8 km||19 min by bus|
|Nanyang Academy of Fine Arts||1.1 km||14 min by bus|
|Singapore Management University||1.6 km||17 min by bus|
|Invictus International School||1.1 m||7 min walk|
|Italian Supplementary School||1.1 km||9 min by bus|
|James Cook University||2.8 km||20 min by bus|
Shopping / Food / Market
Not sure what to eat? Be in for food paradises as there are a plethora of amazing dining options around the Piccadilly Grand. The nearest Tekka Market is only 6 minute walk away. It is one of the most popular food centres in Little India. Some famous food stalls that you should try are the 545 Whamoa Prawn Noodles, Imaroy Thai Food, Temasek Indian Rojak, Ar Rahman Cafe and more. You will be in for some affordable yet drool-worthy food. Each store has its uniqueness that will attract you to come back for more.
In addition, there are many hidden gems along the Jalan Besar shophouse stretch. For instance, aesthetic Apartment Coffee, Chye Seng Huat Hardware and Lucid are popular go-to as they satisfy both your Instagram and tummy. The distance between the food street and the condominium is short and sweet for residents to take a stroll there.
The nearest supermarket is FairPrice in City Square Mall. If Piccadilly Grand residents choose to buy from other supermarkets, there are Prime, Sheng Siong and Cold Storage nearby too. Residents can also head to Tekka Market, Berseh Food Centre, Pek Kio Market and Food Court and Whampoa Drive Market & Food Centre for fresh market produce.
Mustafa Centre is just 2 roads across and is a 24/7 mega mall. On the other hand, City Square Mall is perfect for shopping, dining and entertainment. Not too far away, there is the renowned Bugis Street, Sim Lim Square, Bugis shopping cluster and Velocity @ Novena Square. If that’s not enough, Orchard Road is only a 10 minute drive away, with 313@Somerset, Raffles City and Funan nearby. As aforementioned, Orchard Road is undergoing a revamp and one can expect an even better shopping experience at the shopping haven.
|Location||Approx. Distance||Approx. Time|
|Tekka Market||450 m||6 min walk|
|Pek Kio Market and Food Court Centre||700 m||14 min by bus|
3 min drive
|Newton Food Centre||2 km||7 min drive|
|Fairprice (City Square Mall)||600 m||7 min by bus|
|Berseh Food Centre||640 m||12 min by bus|
|Prime (803 King George’s)||1 km||4 min drive|
|Whampoa Drive Market & Food Centre||1.47 km||4 min drive|
|Sheng Siong (New World Centre)||1.7 km||6 min drive|
|Cold Storage - Alocassia||2.8 m||5 min drive|
|Mustafa Centre||400 m||6 min walk|
|Centrium Square||450 m||6 min walk|
|City Square Mall||600 m - linked via an underground pass||6 min walk|
|The Verge||1 km||13 min walk|
|Sim Lim Square||800 m||1 MRT stop|
4 min drive
|Bugis Street||1.14 km||2 MRT stops|
14 min by bus
|Fortune Centre||1.07 km||1 MRT stop|
12 min by bus
|Bugis +||1.2 km||2 MRT stops|
14 min by bus
|Bugis Junction||1.3 km||2 MRT stops|
14 min by bus
|Velocity @ Novena Square||1.4 km||4 min drive|
11 min by bus
|Orchard Road||3.1 km||4 MRT stops|
9 min drive
|313@Somerset||3.3 km||3 MRT stops|
10 min drive
|Raffles City Singapore||3.3 km||10 min drive|
|Funan||3.7 km||12 min drive|
|Places||Approx. Distance||Approx. Time|
|Jalan Besar Stadium||970 m||12 min by bus|
|Kampong Glam Community Club||1.6 km||17 min by bus|
5 min drive
|Kallang Water Sports Centre||2.1 km||8 min drive|
|Safra Clubhouse - Toa Payoh||2.2 km||9 min drive|
|Kampong Glam||3 km||8 min drive|
|Singapore Botanic Gardens||4 km||9 min drive|
Another charm of the Piccadilly Grand is its location in the Little India District. It has a rich and vibrant cultural heritage that is full of energy. Residents in the area can surely feel this great energy while living here. There is so much history to explore and uncover nearby as it is also a tourism hotspot.
Piccadilly Grand Residents can also live a healthy and active lifestyle with many Stadiums and Sports Centre around the corner. For instance, residents can easily have a kayaking or dragon boating session with family and friends at the Kallang Water Sports Centre on the weekends.
Otherwise, one can also sign up for interest classes or enrichment classes at the Kampong Glam Community Club or Safra Clubhouse at Toa Payoh. Regular celebration events are held there as you get to make some friends there. Furthermore, the Safra has a bowling alley, karaoke studio as well as one of Singapore’s largest kids indoor playgrounds, with Singapore’s first indoor water playground.
Lastly, as aforementioned, the nearby Beach Road and the Rochor Ophir corridor will become the next work-live-play hotspot in a park-like setting. In addition, a new linear park, Bukit Timah Rochor Green Corridor will provide new walking and cycling routes for hiking and cycling enthusiasts. In the future, this corridor will be extended to Kallang Riverside Park. Residents can look forward to these places to act on their active lifestyles.
Piccadilly Grand Floor Plan
Piccadilly Grand Price, Unit Types, Sizes
|UNIT TYPE||No. OF UNITS||SIZE||PRICE from|
|1 Bedroom||85||484 sqft / 45 sqm||$1.058M|
|2 Bedroom||120||646 - 678 sqft / 60 - 63 sqm||$1.348M|
|3 Bedroom||101||883 - 1076 sqft / 82 - 100 sqm||$1.788M|
|4 Bedroom||61||1378 - 1410 sqft / 128 - 131 sqm||$2.738M|
|5 Bedroom||40||1582 - 1679 sqft / 147 - 156 sqm||$3M|
*Disclaimer: All information is subject to change at developer's discretion.
Piccadilly Grand Price Comparison
Based on its land bid price of $445.9 million or $1,129 psf per plot ratio (psf ppr), breakeven price is estimated around $1,837psf.
Comparing with it's nearby developments, especially the newer ones like Sturdee Residences & Uptown @ Farrer, adding 10%-15% premium for its mix-development attributes, I would consider $2,200 is a fair entry price for this developments.
Some thoughts on Piccadilly Grand
1. Piccadilly Grand is a perfect project for investors who are looking for good rental return. Its proximity to city centre, excellent MRT connectivity and mix development status would be plus point to attract potential tenant pools from the market.
2. The supply is rather limited, as such, you might face less competition comparing with other places in the resale market.
3. Property price should be boosted by many transformations nearby, which includes Novena Health City, Rochor-Orchir Corridor, as well as Kampong Bugis Master Plan.
4. While for own stay buyers, you have to assess the environment and gauge whether it suits your lifestyle. As people do have mixed feelings towards this location.
Piccadilly Grand is 99 years leasehold.
Piccadilly Grand is located at Northumberland Road in District 8.
Farrer Park (NE) MRT station is directly linked to Piccadilly Grand.
Joint-venture of CDL and MCL Land.