The EC plot in Sumang Walk is hotly contested by 17 hopeful developers in Feb 2018. City Developments and TID Residential emerged winner with a considerably high bid of $509.37 million. Translating to $583 per sq per plot ratio, the estimated breakeven price of Piermont Grand is between $1000 to $1100 psf.
The developer CDL is looking to build about 820 homes spreading into 13 blocks of 10 to 17 storeys.
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