Lucerne Grand
CDL's 570-unit return to Lakeside, on the lake's edge and beside the Lakeside MRT. CDL's first project right at the Lakeside MRT doorstep since Lake Grande in 2016 — and priced off the area's highest land bid yet.
The verified numbers, before the brochure drops.
- Developer
- City Developments Limited (CDL)Source: GLS tender result, Jun 2025
- Tenure
- 99-year leaseholdSource: URA GLS tender
- Total units
- 570 (final committed; 575 cited at land-bid stage)Source: two-source corroborated (EdgeProp, 99.co), Jun 2026
- Land area
- 145,314 sqft (~13,500 sqm)Source: URA GLS tender details
- Land cost
- S$608M · ~S$1,132 psf ppr (top of 6 bids)Source: GLS tender result; EdgeProp, Jun 2025
- Zoning
- Residential with commercial at first storeySource: URA GLS tender
- District
- D22 · Jurong West (Lakeside)
- Address
- Lakeside Drive (off Yuan Ching Road)
- Preview / Launch
- Expected Q3 2026Source: CDL Q1 2026 operational update; EdgeProp coverage
- Nearest MRT
- Lakeside (EW26) ~5–7 min walkSource: EdgeProp coverage, Jun 2025
- Last Lakeside private launch
- Lake Grande (MCL Land, 2016, 710 units)
Load-bearing facts on this page are corroborated against at least two independent sources before publication. Last verified 27 May 2026.
The first MRT-doorstep Lakeside launch in a decade — and a CDL pricing signal.
The last new condo right at the Lakeside MRT doorstep was Lake Grande in 2016 — an MCL Land project, 710 units, now well into resale. The recent Jurong Lake District launches (The LakeGarden Residences in 2023 and Sora in 2024, both off Yuan Ching Road) sit a 15–20 minute walk from the station; Lucerne Grand, by CDL, is the first MRT-fronting parcel here in a decade. Ten years of HDB upgrade demand, ten years of Jurong Lake District master-plan updates, and no new private supply at the immediate Lakeside stop until now.
Lucerne Grand is the next round. CDL won the GLS site on 3 June 2025 with a top bid of S$608 million — S$1,132 psf per plot ratio, 10.4% above the next bidder and one of the highest land rates the Lakeside catchment has ever seen. The five other bidders ranged down to S$909 psf ppr (Sim Lian Group, sixth), a spread of 24.5% between highest and lowest. That spread tells you what the market was unsure about — the next bidders priced for a more conservative outcome.
What you're buying when you buy Lucerne Grand: CDL's conviction on JLD, plus a 10-year-deferred private-supply catch-up in this part of D22. If JLD delivers (and the Cross Island Line terminus arrives), the catchment thickens materially. If the timeline slips — as Singapore master plans sometimes do — the launch PSF still has to be carried by Lakeside's existing HDB upgrader demand. Both scenarios are real.
CDL is a known operator. Newport Residences (freehold CBD, S$3,012+ psf, launch avg S$3,370), Tembusu Grand (Katong, ~S$2,465 psf avg), Zyon Grand (62-storey twin-tower, S$2,689+ psf, launch ASP S$3,050), Piccadilly Grand (Farrer Park, completed and selling) — they don't typically misprice. The land bid here was aggressive; the launch number will reveal whether CDL is positioning for a strong launch weekend or a patient multi-quarter sell-down.
What the land bid suggests.
CDL has not released indicative launch prices. What we have is the land bid context, which sets a defensible floor for where the brochure will eventually land. The six bids for this parcel — nearly S$120M between highest and lowest — show the kind of conviction differential developers had on this site.
| Bid | Developer | Amount | S$ psf ppr |
|---|---|---|---|
| 1st (winning) | City Developments (CDL) | S$608.0M | S$1,132 |
| 2nd | Frasers Property + Mitsubishi Estate Asia JV | S$550.56M | S$1,025 |
| 3rd | CapitaLand Development + Sing Holdings JV | ~S$529M | S$985 |
| 4th | Wee Hur Holdings | S$503.9M | S$938 |
| 5th | Hong Leong Holdings + TID JV | S$495.18M | S$922 |
| 6th | Sim Lian Group | S$488.2M | S$909 |
| Spread (highest – lowest) | — | — | 24.5% |
Land sale tender closed 3 June 2025. Six bids received. Top bid by City Developments, 10.4% above the second-highest. Source: EdgeProp Singapore property news coverage.
Same Lakeside precinct; prior launch was by MCL Land, not CDL. Lake Grande's URA resale level sets the realistic ceiling for what existing Lakeside upgraders are willing to recycle into a new launch. The premium that Lucerne Grand's S$1,132 psf ppr land bid implies for launch PSF will be the key indicator of how far the JLD master-plan thesis has been priced in — measure it against Lake Grande the day the brochure drops.
Unit mix · Floor plans · Indicative prices.
CDL hasn't released the unit-mix breakdown, floor plans, or indicative pricing yet. Our partner agent will receive these first when CDL opens the preview. Drop your contact below and we'll forward them the moment they're available, plus a priority slot at the showflat opening.
Lakeside Drive — lake on one side, MRT on the other.
The site sits on Lakeside Drive, off Yuan Ching Road, with Jurong Lake on its eastern boundary and Lakeside MRT (EW26) a short walk to the south. The footprint is 145,314 sqft, zoned residential with commercial at the first storey — meaning the ground floor will likely carry F&B and convenience retail opening onto the road.
Walking distance: Lakeside MRT (5–7 min), Lakeside Garden East entry. Driving distance: JEM / Westgate / IMM at Jurong East (5–7 min), Tuas / NUS / one-north corridor via the AYE. The Cross Island Line interchange at JLD, when completed, will add a second rail option to the area.
What's actually within reach.
Lakeside's strengths are the obvious ones — lake-park frontage, MRT-fronting position, and short drive to one of the densest mall clusters in Singapore (JEM, Westgate, IMM). The weaknesses are also worth naming: primary-school 1 km catchment is thinner here than in Bukit Timah or D10, and the precinct still leans heavily HDB on the immediate streets.
- Rulang Primary School~8 min walk
- Lakeside Primary Schoolshort drive
- Boon Lay Garden Primary~10 min drive
- NUS High School of Math & Science~10–12 min drive
- Lakeside MRT (EW26)~5–7 min walk
- Boon Lay MRT (EW27)1 stop · ~3 min drive
- Jurong East interchange (EW24/NS1)2 stops
- AYE / PIE on-ramp~3 min
- Cross Island Line (future, JLD)2030s timeline
- Jurong Lake Gardens (East)walking distance
- Chinese & Japanese Gardens~10 min walk
- Lakeside Promenadeadjacent
- Science Centre Singapore~5 min drive
- JEM, Westgate, IMM (Jurong East)~5–7 min drive
- Taman Jurong Market & FC~3 min drive
- Boon Lay Place Food Village~5 min drive
- Ground-floor F&B (on-site)in-development
The case for and against, before the brochure.
Two sides of the same coin: the catchment is finally getting a new launch after a decade, and the developer paid up to win it. Both facts inform what the brochure will say.
- First MRT-fronting launch at Lakeside since 2016 — pent-up upgrader demand
- MRT-fronting position (EW26) at a 5–7 min walk
- Jurong Lake District master plan as long-term tailwind
- Cross Island Line interchange planned at JLD
- CDL as developer — established track record on suburban large-format launches
- Ground-floor commercial component adds F&B convenience
- S$1,132 psf ppr land cost is the highest in the immediate Lakeside catchment
- Six bidders, 24.5% spread — meaningful disagreement on the right number
- JLD timeline is multi-decade; CRL interchange opens in the 2030s
- Primary-school 1 km catchment thinner than D9–11 or Bukit Timah
- D22 carries a price-sensitivity premium vs RCR / CCR comparables
- 570 units is large — absorption will need a steady multi-quarter sell-down
Be on the list before the preview opens.
We'll forward CDL's e-brochure and indicative price list the moment they're released, plus a priority slot at the showflat opening. Lucerne Grand hasn't taken bookings yet — early registrants get the first look.
What buyers keep asking.
- When will Lucerne Grand launch? +
- Lucerne Grand is expected to launch in Q3 2026, per City Developments' Q1 2026 operational update. As of June 2026, the preview date and showflat opening haven't been publicly set.
- Who is the developer? +
- Lucerne Grand is developed by City Developments Limited (CDL) as sole developer. CDL's recent Singapore launches include Newport Residences (CBD freehold), Tembusu Grand, Piccadilly Grand, and Zyon Grand.
- How many units does Lucerne Grand have? +
- Lucerne Grand has 570 units. At the land-bid stage CDL had indicated a 575-unit potential; as of June 2026, EdgeProp's developer-side reporting consistently cites 570 as the final count. The project is zoned residential with commercial at the first storey, meaning ground-floor retail / F&B.
- What's the expected launch PSF for Lucerne Grand? +
- CDL has not released its own indicative launch prices for Lucerne Grand. The one on-record industry estimate comes from PropNex head of research Wong Siew Ying, who at the June 2025 land-bid stage projected an average selling price of around S$2,400 psf for the site, as reported by EdgeProp. Treat that as a single-source analyst projection from the land-bid period — not a developer price, and not independently corroborated. The S$1,132 psf ppr land cost sets the math floor; Lake Grande's URA resale average of S$1,869 psf (range S$1,630–S$2,078, as of May 2026) is the only meaningful resale comp in the immediate Lakeside catchment. We'll publish CDL's brochure-stated range as soon as it's announced.
- How far is Lucerne Grand from the nearest MRT? +
- Lucerne Grand is roughly a 5–7 minute walk from Lakeside MRT (EW26) on the East-West Line, per EdgeProp coverage of the site at the time of CDL's winning bid. The land parcel was specifically marketed as being beside Lakeside MRT.
- How does Lucerne Grand compare to Lake Grande? +
- Lucerne Grand and Lake Grande sit in the same Lakeside precinct, ten years apart — but with different developers: Lake Grande was MCL Land, while Lucerne Grand is by CDL. Lake Grande launched in 2016 with 710 units and remains the last new condo right at the Lakeside MRT doorstep; the recent Jurong Lake District launches (The LakeGarden Residences in 2023 and Sora in 2024, both off Yuan Ching Road) sit a 15–20 minute walk further out. Lucerne Grand is the next MRT-fronting round, with a different unit count (570) and a much higher land basis (S$1,132 psf ppr vs Lake Grande's lower-cost era). The launch PSF will set a new benchmark for the area.
- What is the Jurong Lake District story? +
- Lucerne Grand sits at the doorstep of Jurong Lake District, URA's planned second-CBD in Singapore — a mixed-use commercial, residential, and lifestyle hub centred on Jurong Lake. It's also the proposed terminus of the Cross Island Line and the Singapore-side end of the (currently shelved) Kuala Lumpur–Singapore HSR. The longer-term thesis for Lucerne Grand hangs on how meaningfully JLD delivers over the next decade.
- Why did CDL pay 10% more than the next bidder? +
- CDL's S$608M bid for the Lucerne Grand site was 10.4% above the second-highest bid (S$550.6M) and 24.5% above the lowest of the six bids. The size of that premium suggests CDL sees specific upside in the catchment — likely a combination of (a) JLD master plan tailwinds, (b) the long supply gap since Lake Grande (2016), and (c) the site's MRT-fronting position. Whether that premium has been priced into the launch number is the question every buyer will be implicitly asking.
- Is there a 1km school catchment? +
- Lucerne Grand's closest mainstream primary schools are Rulang Primary, roughly an 8-minute walk, and Lakeside Primary School, a short drive away. The official 1 km catchment will be confirmed against MOE's annual P1 registration exercise. For Pri 1 priority planning, we'll update this page when the developer's brochure is out.
- How do I get the e-brochure and join the priority showflat list? +
- Lucerne Grand hasn't opened bookings yet — drop your contact below and we'll send the CDL e-brochure the moment it's released, plus indicative pricing by stack and a priority showflat slot. Early registrants get the first look.
This page is maintained continuously. Unit mix, floor plans, and indicative prices will be added the moment CDL releases them. If there's a question we haven't covered, email hello@whichcondo.sg.