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Lucerne Grand

Lakeside / Jurong Lake District, D22 · City Developments (CDL)

Overall score 7.4 out of 10. Best for own stay in the west; pay attention to the price gap. Convenience is as good as it gets in the suburbs: train, supermarket and lake gardens at the door. The weak point is price. It sells far above every resale condo around it, so future buyers must accept a new price level for Lakeside for you to profit. The 3-bedroom has the lowest starting psf and is the safer pick.

This file includes an HDB upgrader affordability calculator, a break-even resale price calculator and a comparison with other launches in the same region.

Key facts

• Sales so far: 350 of 570 (61%) on launch weekend; later count not yet published
• Price: $2,480 psf (CDL's project average, not the average of units sold)
• Land cost: $1,132 psf of buildable floor area ($608M, Jun 2025 tender)
• Completion: Not published by CDL; estimates say 2029 or 2030
• Lease: 99 years
• MRT: Covered walkway from Lakeside MRT to the project's shop podium
• Food and shops: Supermarket and eateries on the ground floor (Lucerne Galleria); Jurong West Market & Food Centre in the estate (distance not published); Jurong Point one stop away
• Primary schools: Rulang Primary and Shuqun Primary about 0.5 km (straight line, not yet checked on OneMap)

Scores

• Location: 8/10. Suburbs (5) + supermarket and shops on site (+1) + Jurong Lake Gardens beside (+1) + primary school within 1 km (+1)
• Entry price: 4/10. $2,480 psf is about 94% above the middle price of the five nearest 99-year resale condos ($1,276 psf), and about 44% above the newest one, The Lakefront Residences ($1,723). Nearby condos are old, which widens the gap.
• Exit plan: 7/10. Start 5; +1 over 60% sold; +1 big project; +1 MRT within 500 m; +1 primary school within 1 km; -1 nearby supply (SORA about half unsold, possible Lakeside Towers redevelopment of about 395 homes); -1 price gap over 75%
• Nearby food: 8/10. Supermarket and food on site, hawker centre in the estate
• MRT closeness: 10/10. Covered link to an open MRT station

Pros

• Covered link to Lakeside MRT; Jurong East is 2 stops
• Supermarket on the ground floor
• 3-bedroom starts at the lowest psf ($2,251)
• 61% of units are 3-bedroom or larger; no 1-bedders
• First new launch in Lakeside in about 10 years

Cons

• Elevated train tracks run beside the site; noise cannot be judged until built
• Among the highest suburban land prices, so little room for discounts
• SORA nearby still has about 200 unsold units at about $2,230-2,350 psf
• No completion date published
• No 1-bedroom or 5-bedroom units

Sources: SG Properties review · Stacked Homes review · SG Property Index