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Piermont Grand

Executive Condo · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (91 yrs left) · Updated Jul 2024

Piermont Grand is a 99-year lease (91 yrs left) executive condo development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 59 recorded private transactions. Latest sale: $1,300,000 (Jul 2024, 78 sqm, floors 16-20). Median $1,152/sqft. 91 years lease remaining.

Latest Sale
$1,300,000
Jul 2024 · 78 sqm
Median Price
$1,152/sqft
$1,583,550 typical unit
Transactions
59
$1,060–$1,548 psf
Price Trend
Too few periods

Where Piermont Grand ranks in District 19

All 148 projects ›
Median psf
#133 / 148
Typical unit price
#44 / 148
Most recent sale
#104 / 148

Median psf over time

Estimate a unit at Piermont Grand

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Lease decay −0.16%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

91 yrs
Remaining lease
0.16%
Annual decay (Bala's Table)
2018
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.16% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,129 36
06-10 $1,216 11
11-15 $1,168 11
16-20 $1,548 1

Recent transactions

DateFloorType AreaPricepsf
Jul 2024 16-20 Resale 78 sqm $1,300,000 $1,548
Jun 2023 01-05 New Sale 124 sqm $1,803,000 $1,351
Dec 2022 01-05 New Sale 105 sqm $1,526,000 $1,350
Aug 2022 06-10 New Sale 78 sqm $1,128,000 $1,344
Jul 2022 06-10 New Sale 126 sqm $1,760,000 $1,298
Jun 2022 01-05 New Sale 94 sqm $1,350,000 $1,334
May 2022 06-10 New Sale 105 sqm $1,468,800 $1,300
Dec 2021 06-10 New Sale 103 sqm $1,441,600 $1,300
Dec 2021 06-10 New Sale 140 sqm $1,831,750 $1,216
Nov 2021 11-15 New Sale 140 sqm $1,739,100 $1,154
Nov 2021 01-05 New Sale 140 sqm $1,769,700 $1,174
Nov 2021 11-15 New Sale 140 sqm $1,827,500 $1,213
Oct 2021 01-05 New Sale 140 sqm $1,689,800 $1,121
Oct 2021 06-10 New Sale 98 sqm $1,300,500 $1,233
Oct 2021 01-05 New Sale 140 sqm $1,684,700 $1,118
Sep 2021 06-10 New Sale 140 sqm $1,763,300 $1,170
Sep 2021 11-15 New Sale 140 sqm $1,734,000 $1,151
Sep 2021 11-15 New Sale 140 sqm $1,802,700 $1,196
Sep 2021 01-05 New Sale 126 sqm $1,489,200 $1,098
Sep 2021 11-15 New Sale 126 sqm $1,612,700 $1,189
Sep 2021 06-10 New Sale 140 sqm $1,728,050 $1,147
Sep 2021 01-05 New Sale 126 sqm $1,576,800 $1,163
Sep 2021 01-05 New Sale 127 sqm $1,566,550 $1,146
Sep 2021 01-05 New Sale 126 sqm $1,535,100 $1,132
Sep 2021 01-05 New Sale 140 sqm $1,700,850 $1,129
Showing 25 of 59 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Piermont Grand

Piermont Grand is a 99-year leasehold development with its lease commencing in 2018 and about 91 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It sees regular transaction activity, with 59 recorded executive condominium transactions between 2021-06 and 2024-07, ranging from $935,760 to $1,831,750. The most recent transaction was a 78 sqm unit (floors 16-20) sold for $1,300,000 in 2024-07, and the median price is $1,152 per square foot. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 91 years remaining is 0.9563, an annual lease decay of about 0.16%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Piermont Grand cost?

The most recent transaction at Piermont Grand was $1,300,000 for a 78 sqm unit in 2024-07. The median price is $1,152 per square foot across 59 transactions, ranging from $935,760 to $1,831,750. Data sourced from URA.

Is Piermont Grand freehold or leasehold?

Piermont Grand is on a 99-year lease commencing in 2018, with approximately 91 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.16%.

What is the price per square foot (psf) at Piermont Grand?

The median price at Piermont Grand is $1,152 psf, with transactions ranging from $1,060 to $1,548 psf. This is based on 59 URA-recorded transactions in District 19.