Sumang EC

16/07/2019

Early bird discount application will be ending soon. Contact us for showflat appointment today.

12/07/2019

OFFICIAL LAUNCH
12th to 21st July

SHOWFLAT TIMING:

Open Daily:
10am to 8pm

Skip the queue, register now to schedule a time slot for the showflat viewing!

15/06/2019

Dm for the full set of information and floor plans.

15/06/2019

🔥🔥 HOT HOT HOT!🔥🔥
Latest information out for Piermont Grand EC by CDL

Preview Period - end june/early July

The ONE AND ONLY EC launching in 2019

3 bedder - 840sqft - 990sqft
(No Utility No WC No Yard)
3 bedder superior - 904sqft - 1044sqft (Utility)
3 bedder deluxe- 947sqft - 990sqft (Utility + WC)
3 bedder premium - 1012sqft - 1130sqft (Utility + yard + WC)
4 bedder premium - 1302sqft - 1367sqft
5 bedder premium - 1432sqft - 1507sqft

DM for Price guide!

15/06/2019

Showflat Location will not be at the actual site!

DM to secure your Early Bird Priority Entry Pass To Visit Piermont Grand EC Now!

24/05/2019

CDL and joint venture (JV) partner TID Pte. Ltd. (TID) have made the highest bid of S$509,370,000 (or S$583psfpr) for a 99-year leasehold Executive Condominium (EC) site at Sumang Walk in Punggol Town. The JV will explore an EC project comprising 13 blocks of 10 to 17 storeys with about 820 units and a basement carpark.

DM for Earlybird Disct and Free Seminar.

21/05/2019

EC Seminar's on 25th & 26th May 2019. DM if you are keen to join this FREE Seminar.😁

10/05/2019

https://www.channelnewsasia.com/news/singapore/hdb-loan-cpf-rules-buy-property-flats-home-11518170

SINGAPORE: New rules on buying homes using CPF or HDB housing loans will be introduced, that will focus on whether the remaining lease of the ...

21/03/2019

ECs are considered subsidised housing, and hence are subject to eligibility criteria. Applicants must have a monthly household income not exceeding S$14,000 and they must purchase an EC either by forming a family nucleus or with other singles if they are at least 35 years old.

Because of the income ceiling and MSR, developers have to be very realistic about the prices they set. Overly optimistic prices would price buyers out of the market.

Hence, we believe that ECs will continue to be affordably priced as long as the ownership restrictions are in place. In addition, first time buyers of ECs can enjoy up to S$30,000 in Central Provident Fund (CPF) grants, depending on their income. This further enhances the affordability of ECs.

PS: Sumang Walk EC will be launching soon. Kindly register now to be eligible for the VVIP Preview Discount.

EXECUTIVE condominiums (ECs) were originally introduced to cater to the aspirations and needs of the so called "sandwiched" class - those whose household incomes exceed the ceiling for public housing, but are not yet able to comfortably afford a private condominium. Read more at The Business Times.