Short answer: Piccadilly Grand is a 407-unit, 99-year leasehold condo in three 23-storey towers at 1, 3 and 5 Northumberland Road, District 8. It was developed by City Developments Limited (CDL) and MCL Land, is directly linked to Farrer Park MRT station on the North East Line, and received its Temporary Occupation Permit (TOP) at the end of September 2025.
Updated 1 October 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.
What is Piccadilly Grand?
| Developer | City Developments Limited and MCL Land joint venture; developer entities Maximus Residential SG Pte Ltd and Maximus Commercial SG Pte Ltd |
| Address | 1 Northumberland Road (S219568), 3 Northumberland Road (S219569) and 5 Northumberland Road (S219570), District 8 |
| Tenure | 99 years from 2 August 2021 |
| Homes | 407 |
| Blocks | Three towers of 23 storeys |
| Unit sizes | 484 sq ft (one-bedroom) to 1,679 sq ft (five-bedroom premium with private lift) |
| Site area | About 8,733 sq m |
| Commercial | Piccadilly Galleria: about 1,500 sq m of shops and restaurants plus a 500 sq m childcare centre on the ground floor |
| TOP | End-September 2025 |
| Nearest MRT | Farrer Park (NE8), direct link |
Sources: CDL and MCL Land preview release, 21 April 2022 (developers, units, towers, unit sizes, commercial space, MRT link); CDL operational update for the quarter to 30 September 2025 (TOP); EdgeProp project page and Stacked Homes directory (developer entities, lease start, site area); OneMap (block addresses and postal codes).
The site was sold under the Government Land Sales programme. EdgeProp reported on 27 April 2021 that the CDL and MCL Land joint venture made the top bid among 10, at S$1,129 psf per plot ratio, for the 8,732.9 sq m Northumberland Road plot. URA awarded the site to the joint venture's entities on 5 May 2021 for S$445.888 million. Piccadilly Grand was the first project of the CDL and MCL Land partnership in Singapore, according to the developers.
What did Piccadilly Grand sell for at launch?
| Date | Event | Source |
|---|---|---|
| 21 April 2022 | Prices announced from S$1.058 million (one-bedroom), S$1.348 million (two-bedroom), S$1.788 million (three-bedroom), S$2.738 million (four-bedroom dual key), and over S$3 million (five-bedroom) | CDL and MCL Land, 21 April 2022 |
| 7 and 8 May 2022 | Launch weekend: 315 of 407 units (77%) sold at an average of S$2,150 psf | CDL and MCL Land, 8 May 2022 |
| Quarter to 30 September 2025 | Project fully sold; TOP obtained at end-September | CDL, November 2025 |
The developers said 90% of launch-weekend buyers were Singaporeans. We checked the arithmetic: 315 ÷ 407 is 77.4%. At the launch-weekend average of S$2,150 psf, the land cost of S$1,129 psf per plot ratio was about 53% of the average selling price; this ratio is our own calculation and excludes construction and other costs.
The retail podium was sold separately. CDL reported that it completed the sale of Piccadilly Galleria on 7 November 2025 for S$65.46 million, about S$3,250 psf.
What are Piccadilly Grand resale prices?
| Period or date | Data | Source |
|---|---|---|
| 12 months to September 2026 | 36 resales, median S$2,437 psf, prices S$1.57 million to S$3.7 million | Stacked Homes directory |
| 3 September 2026 | 646 sq ft two-bedroom resold for S$1.57 million (S$2,431 psf) | Stacked Homes directory |
| 24 August 2026 | 1,378 sq ft four-bedroom resold for S$3.25 million (S$2,359 psf) | Stacked Homes directory |
We checked the arithmetic: S$1.57 million ÷ 646 sq ft is about S$2,430 psf, and S$3.25 million ÷ 1,378 sq ft is about S$2,359 psf, in line with the source's figures from unrounded prices. EdgeProp's project page also shows an average of S$2,437 psf. Prices change with each deal, so check URA's private residential transaction search for current data.
What does Piccadilly Grand rent for?
Stacked Homes counts 204 leases between September 2025 and August 2026, at a median of S$4,625 a month, and estimates the gross yield at about 2.3%. EdgeProp puts the yield at 3.3%. The two estimates differ widely, and both are the sources' own figures, not ours.
How well connected is Piccadilly Grand?
The developers describe Piccadilly Grand as directly linked to Farrer Park MRT station on the North East Line, two stops from the Dhoby Ghaut interchange, with access to the CTE and PIE. Little India station (DT12) on the Downtown Line is about 580 to 680 m from the three blocks in a straight line, based on OneMap coordinates.
Amenities named by the developers include City Square Mall, Connexion, Mustafa Centre and Jalan Besar Sports Centre. The developers list Farrer Park Primary School and St. Joseph's Institution (Junior) as within 1 km of selected blocks. Farrer Park Primary School is about 220 to 240 m away in a straight line (OneMap; Stacked Homes gives 240 m).
Who might Piccadilly Grand suit?
This is a summary of trade-offs, not a recommendation. What is distinctive: a direct link to an MRT station two stops from Dhoby Ghaut, shops, restaurants and a childcare centre in the podium downstairs, and a lease that started in August 2021, leaving about 93 years and 10 months as of October 2026. The trade-offs: the project sits in a dense, mixed-use part of Farrer Park and Little India rather than a quiet residential enclave, and with 204 leases recorded in its first year after TOP, many units compete for tenants. Rental yield estimates from the two main sources disagree, so buyers relying on rent should check recent leases themselves.
FAQ
Who developed Piccadilly Grand? City Developments Limited and MCL Land, through the joint venture entities Maximus Residential SG Pte Ltd and Maximus Commercial SG Pte Ltd.
What is the tenure of Piccadilly Grand? 99-year leasehold from 2 August 2021, according to EdgeProp and Stacked Homes.
How many units does Piccadilly Grand have? 407 homes in three 23-storey towers, above the Piccadilly Galleria retail podium.
When was Piccadilly Grand completed? CDL reported that it obtained its Temporary Occupation Permit at the end of September 2025.
Is Piccadilly Grand connected to an MRT station? Yes. The developers describe a direct link to Farrer Park MRT station on the North East Line.
Correction
1 October 2026: An earlier version of this page gave wrong core facts. It said Piccadilly Grand was at 181 Kitchener Road, developed by CEL Development, with 494 units in two towers, a lease from 2021, units of about 463 to 1,572 sq ft, completion expected in 2026, and a seven-minute walk to Farrer Park MRT. Piccadilly Grand is at 1, 3 and 5 Northumberland Road, was developed by City Developments Limited and MCL Land, has 407 units in three 23-storey towers and units of 484 to 1,679 sq ft, has a 99-year lease from 2 August 2021, received TOP at the end of September 2025, and is directly linked to Farrer Park MRT station. Unsupported claims about a 50 m lap pool, nearby launches and future returns were removed, as was an offer of a paid "full report".
Disclaimer: This page is for information only and is not investment advice. SG Properties is not a licensed estate agency and is not affiliated with the developers.
Sources
- CDL and MCL Land: Piccadilly Grand preview release (21 April 2022)
- CDL and MCL Land: 77% of units at Piccadilly Grand sold on launch weekend (8 May 2022)
- CDL operational update for the quarter ended 30 September 2025 (SGX) (TOP; sale of Piccadilly Galleria)
- EdgeProp via Yahoo: Joint venture partners CDL and MCL Land submit top bid for Northumberland Road GLS site (27 April 2021)
- URA: Award of tender for URA site at Northumberland Road (5 May 2021; bid amount)
- EdgeProp: Piccadilly Grand project page (developer entities, lease start, site area, average psf, yield; checked 1 October 2026)
- Stacked Homes: Piccadilly Grand directory page (resales, rents, schools; checked 1 October 2026)
- OneMap (Singapore Land Authority) (addresses, postal codes, coordinates)
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