Piermont Grand
Piermont Grand is a 99-year leasehold executive condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). The development was completed in 2021 and comprises 820 units, on a lease that commenced in 2018. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PIERMONT GRAND
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.