Piccadilly Grand is a mixed-use development with 407 residential units spanning across 3 towers of 23 storeys. It is also integrated with a commercial area known as Piccadilly Galleria.
Located next to Farrer Park MRT station, residents at Piccadilly Grand can walk to many eateries and shopping malls from the doorsteps of their homes. Besides that, it is located within walking distance of Farrer Park Hospital and KK Women’s and Children’s Hospital.
There are a variety of one to five bedroom unit types available at the development, ranging from 484 sqft to 2,045 sqft. There are also a few options with flexi and study units.
For those who are looking to invest, the development does offer a good return considering the high rental yields it offers (about 10%). However, it is still in the early stages of the market so it can be risky at this stage.
Prices at Piccadilly Grand are relatively affordable compared to other Rest of Central Region projects. 1953 traded around a 6.3% discount to the indicative $PSF and its median price is not too far off from its indicative starting price either.
With the announcement of the Farrer Park BTO flats and a dearth of major new launches in 2022, this could be a good time to look for a property in the city fringe. The proximity to Farrer Park MRT station and a wide range of sought-after schools in the vicinity make this a convenient option for families who are looking for an easy commute into Singapore’s CBD.