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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 55 recorded private transactions. Latest sale: $1,300,000 (Jul 2024, 78 sqm, floors 16-20). Median $1,151/sqft. 91 years lease remaining.

Latest Sale
$1,300,000
Jul 2024 · 78 sqm
Median Price
$1,151/sqft
$1,616,700 typical unit
Transactions
55
$1,060–$1,548 psf
Price Trend
Too few periods

Where Piermont Grand ranks in District 19

All 147 projects ›
Median psf
Top 90%
#133 / 147 Top 90%
Typical unit price
Top 27%
#39 / 147 Top 27%
Most recent sale
Top 71%
#105 / 147 Top 71%

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 $1,127 32
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 01-05 New Sale 140 sqm $1,769,700 $1,174
Nov 2021 11-15 New Sale 140 sqm $1,739,100 $1,154
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 55 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Piermont Grand is inside the 1 km Primary 1 priority zone for 3 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Piermont Grand, with their median resale psf. Useful for comparing what Piermont Grand costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Piermont Grand

Piermont Grand prices at the value end of District 19 (Serangoon Gardens / Hougang / Punggol), its $1,151 psf median lower than about 90% of projects there. It has a regular flow of transactions, with 55 sales between 2021-07 and 2024-07, ranging from $935,760 to $1,831,750. The most recent transaction was a 78 sqm unit (floors 16-20) at $1,300,000 in Jul 2024, and the median is $1,151 psf. On Bala's Table (the SLA leasehold valuation model), the 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 $1,151 per square foot across 55 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 $1,151 psf, with transactions ranging from $1,060 to $1,548 psf. This is based on 55 URA-recorded transactions in District 19.