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Lucerne Grand

Lucerne Grand is an upcoming launch in D22 (OCR, West region) — GLS site: Lakeside Drive. Everything below is compiled from matched transactions, URA tender data and public sources.

Developer CDLTenure 99 yearsEst. completion 2031Nearest MRT Lakeside · 0.15km
StatusUpcoming
DistrictD22 · OCR
Total units570
Plot ratio3.6
Est. launch price$2,510–$2,840 psf
Land cost$1,132 psf ppr
Data updated15 Aug 2026

Overview

Lucerne Grand is an upcoming 570-unit 99-year leasehold condominium in D22 (OCR, West region), developed by CDL, with completion expected in 2031. The land was secured through a URA Government Land Sales tender in June 2025 at $1,132 psf ppr.

The site sits about 0.15 km in a straight line from Lakeside (EW26), roughly 2 minutes on foot. It has not launched. Our estimated launch range is $2,510–$2,840 psf (est.), anchored on an estimated breakeven of $2,181 psf ppr — see the estimate and its cost stack below.

Preview pending
Land awarded at $1,132 psf ppr (URA GLS, Jun 2025) · ~570 units planned

This overview is generated from PropertyInsider.sg’s tracked record for this project — URA tender data, matched caveat transactions and public filings — not from developer marketing material. Figures as at 15 Aug 2026. Anything marked (est.) is our estimate and is explained where it appears.

Details

The full tracked record for Lucerne Grand, field by field. Every figure here is repeated in context further down the page, with its source and its caveats.

Property type
Condo
Project status
Upcoming
Developer
CDL
District
D22 · OCR · West
Tenure
99 years
Total units
570
Site area
13,860 sqmest.149,185 sqft · derived from GFA ÷ plot ratio
Gross floor area
49,895 sqm
Plot ratio
3.6
Land cost
$1,132 psf pprURA GLS tender, June 2025
Estimated breakeven
$2,181 psf pprest.
Estimated launch psf
$2,510–$2,840est.
Units sold
0%0 of 570 · 570 available
Estimated completion
2031
Preview
11 Sep 2026
Nearest MRT
Lakeside EW26 · 0.15 km · ~2 min walk
Coordinates
1.34324, 103.72001

Compiled by PropertyInsider.sg from URA tender records, matched caveat transactions and public filings; last refreshed 15 Aug 2026. Values marked (est.) are our estimates — the launch-price method is set out in our pricing methodology.

Estimated launch pricing

PropertyInsider’s estimated launch price for this site, and the indicative quantum that range implies at typical unit sizes.

Estimated launch psf
$2,510–$2,840
Breakeven $2,181 psf ppr x 1.15–1.30 margin
Awarded land cost
$1,132
psf per plot ratio · URA GLS · Jun 2025
2BR indicative quantum
$1.76M–$1.99M
at a typical 700 sqft
3BR indicative quantum
$2.38M–$2.7M
at a typical 950 sqft
4BR indicative quantum
$2.89M–$3.27M
at a typical 1150 sqft

Land attributes

Street
Lakeside Drive
Site use
Residential with Commercial (1st storey)
Sale type
URA
Tenure
99 years
Plot ratio
3.6
Site GFA (sqm)
49,895
Land rate ($psf ppr)
$1,132
Units (est.)
570
Developer
City Developments Limited

Estimated breakeven

Land ($m)
$608m
Construction ($m)
$293m
Land financing ($m)
$96m
Professional / legal / taxes ($m)
$108m
Marketing / others ($m)
$66m
Est. total cost ($m)
$1,171.5m
Est. breakeven ($psf ppr)
$2,181
Applying a 15%–30% developer margin to a breakeven of $2,181 psf ppr gives an estimated launch range of $2,510–$2,840 psf. How this model works and how it has performed.

Breakeven is the estimated total development cost divided by gross floor area, in dollars per square foot per plot ratio — the same basis as the land rate. Cost stack: EdgeProp estimates, land awarded 3 Jun 2025. Figures are estimates (est.), not the developer’s accounts.

Estimates are anchored on the site's estimated breakeven rate and a measured developer margin band; developers make final pricing decisions. Indicative quantums apply the estimated psf range to typical unit sizes — not a price list.

Location and connectivity

Where Lucerne Grand sits on the map, with its district, market segment and nearest station on the rail network. The nearest MRT station is Lakeside (EW26), about 0.15 km away in a straight line, roughly 2 minutes on foot. The dashed rings on the map mark straight-line 1 km and 2 km radii from the site.

District
D22 · West · OCR
Nearest MRT
Lakeside EW26 · 0.15 km · ~2 min walk
Coordinates
1.34324, 103.72001
Tenure
99 years
Site status
Upcoming

The marker is an approximate site centroid compiled by PropertyInsider.sg, not a surveyed boundary. Station distances are straight-line, measured from the site centroid to the midpoint of a station’s published exits (LTA MRT/LRT exits dataset) — not the distance to the nearest exit, and not a walking route. Walking times are an estimate only and are omitted beyond 2 km. Base map tiles are © OneMap / Singapore Land Authority. Verify exact addresses, boundaries and journey times with the developer or on OneMap.

What is nearby

The places that actually shape how this address lives day to day — stations, schools, food, shops, green space, healthcare and the nearest employment nodes — with a straight-line distance and an estimated walk and drive for each. Use the buttons below to hide a category on the map above and in this table at the same time.

Straight-line distances from the site centroid of Lucerne Grand, by category, nearest first. Walking times assume 80 m/min with a 1.2× allowance for street routing and are omitted beyond 2 km. Driving times assume a 1.35× road-routing allowance at an average 28 km/h and are omitted under 800 m — they are an off-peak approximation, not a routed journey time, and make no allowance for traffic, one-way roads or parking. Business and employment nodes are shown as a band rather than a figure: each one is a single representative point standing in for a whole planning area, so a kilometre reading to it would be more precise than the point behind it. Sources: NEA, NParks, SportSG, People’s Association, MOE, MOH and URA/JTC references compiled by PropertyInsider.sg; primary schools from our schools dataset and rail from the LTA exits dataset.
PlaceStraight lineOn footBy car
MRT & LRT stationsLakeside MRTEW26 · East West Line0.15 km2 min
Secondary & JCsYuan Ching Secondary SchoolSecondary0.17 km3 min
Primary schoolsRulang Primary SchoolVery high P1 demand0.42 km6 min
Primary schoolsShuqun Primary SchoolVery high P1 demand0.51 km8 min
Secondary & JCsYuhua Secondary SchoolSecondary0.53 km8 min
Primary schoolsLakeside Primary SchoolP1 vacancies available0.58 km9 min
Sports & community clubsJurong Spring CCCommunity club0.60 km9 min
Hawker centresJurong West Street 52 Blk 505Hawker centre · 60 cooked-food stalls0.73 km11 min
Primary schoolsBoon Lay Garden Primary SchoolP1 vacancies available0.80 km12 min
International schoolsCanadian International SchoolInternational school0.80 km12 min2 min
Hawker centresBoon Lay Place Market and Food VillageHawker centre · 72 cooked-food stalls0.83 km12 min2 min
Secondary & JCsFuhua Secondary SchoolSecondary0.84 km13 min2 min
Sports & community clubsTaman Jurong CCCommunity club0.90 km13 min3 min
Shopping mallsBoon Lay Shopping CentreShopping mall0.90 km14 min3 min
Sports & community clubsPAssion WaVe @ Jurong Lake Gardens (Sea Sports Club)PAssion WaVe outlet0.92 km14 min3 min
Shopping mallsTaman Jurong Shopping CentreShopping mall0.94 km14 min3 min
Hawker centresTaman Jurong Market and Food CentreHawker centre · 122 cooked-food stalls0.96 km14 min3 min
Parks & reservoirsChinese GardensPark · 13 ha1.21 km18 min3 min
Parks & reservoirsJurong LakeReservoir1.23 km18 min4 min
Parks & reservoirsJlg: Lakeside GardenPark · 59 ha1.32 km20 min4 min
Polyclinics & hospitalsJurong PolyclinicPublic polyclinic · National University Polyclinics1.39 km21 min4 min
MRT & LRT stationsChinese Garden MRTEW25 · East West Line1.43 km21 min4 min
Shopping mallsJurong PointShopping mall1.54 km23 min4 min
Primary schoolsJurong Primary SchoolP1 vacancies available1.56 km23 min5 min
International schoolsYuvabharathi International SchoolInternational school1.60 km24 min5 min
Shopping mallsThe CentrisShopping mall1.70 km25 min5 min
Business & employment nodesJurong Innovation DistrictBusiness and innovation park2–5 km10–20 min
Polyclinics & hospitalsPioneer PolyclinicPublic polyclinic · National University Polyclinics2.39 km7 min
Business & employment nodesJurong Lake DistrictRegional commercial centre2–5 km10–20 min
UniversitiesNanyang Technological UniversityAutonomous university nearest — beyond 3 km4.15 km12 min
Business & employment nodesTanjong PagarCentral business districtOver 15 km45 min or more

31 places shown Every distance here is a straight line between two points, not a walking or driving route, and each place is a single representative coordinate — a park or a business district is one point, not its nearest entrance. Treat them as a ranking of what is close, not as journey times. Verify anything you are relying on with OneMap. Primary-school bands carry their own MOE caveat in the schools section below.

Distances are straight lines from an approximate site centroid compiled by PropertyInsider.sg, not walking or driving routes, and each place is a single representative coordinate. Walking times are an estimate only, at an 80 m/min pace with a 1.2× allowance for street routing, and are omitted beyond 2 km. Verify anything you are relying on with OneMap.

How D22 resales have performed

Capital appreciation context for Lucerne Grand: what sellers of completed condos in the same district actually realised on 6,465 matched buy-and-sell pairs (March 1995 to August 2026), including the 10.8% that sold at a loss.

Read this first: these are completed matched exits, profitable and unprofitable, over March 1995 to August 2026. A median describes what the middle seller realised — never the probability that any particular purchase will do the same. Note also that an owner sitting on a paper loss can decline to sell, so the true loss rate across all purchases is higher than the 10.8% recorded on completed sales here.
Median annualised return
4.0% p.a.
all exits in district D22, winners and losers
Share that made money
89.2%
5,766 of 6,465 matched exits
Median gain when it worked
$350k
gross, before transaction costs
Median loss when it did not
-$111k
699 exits sold at or below cost
Median holding period
9.7y
purchase to sale
OCR segment median
2.8% p.a.
78,217 exits island-wide, 86.3% profitable

Quarterly median exit psf of all matched resales, profitable and not, March 1995 to August 2026. Quarters with fewer than 5 exits carry no point; lines bridge to the next qualifying quarter. Source: URA caveat data, matched pairs.

What past projects here returned

Completed condos in D22 with at least 20 matched exits — the closest historical read on what this location has delivered. Ranked by median annualised return across every exit, not only the profitable ones.

3.8% p.a.middle of the 10 mapped, all exits2.4–13.6%slowest to fastest of the 10$328kmiddle project’s median gain, gross$1,383 psftheir middle average resale psf$2,510–2,840 psfthis launch, estimated (est.) launch range
Pin colour:10% a year or more6–10% a year3.2–6% (at or above the island median)Below the 3.2% island medianThis launch
ProjectTOPExitsProfitable Median ann. returnMedian holdMedian gainAvg psf
Caspian2012582100.0%13.6% p.a.3.9y$475k$1,701
The Centris200960699.8%9.6% p.a.5.2y$584k$1,726
The Lakeshore200882198.4%6.1% p.a.7.0y$378k$1,702
Lakeholmz200530197.3%5.5% p.a.8.7y$489k$1,394
The Mayfair200061489.1%3.9% p.a.11.4y$243k$1,304
The Floravale200075887.6%3.6% p.a.10.9y$315k$1,171
Lake Grande2019189100.0%3.6% p.a.7.3y$269k$1,433
Summerdale200042886.7%3.5% p.a.12.3y$341k$1,102
The Lakefront Residences2014302100.0%2.8% p.a.8.8y$224k$1,172
Lakeville201720098.5%2.4% p.a.8.0y$244k$1,372

Projects in the same district with at least 20 matched exits, ranked by median annualised return across every exit — profitable and not. Median gain is gross, before stamp duties, legal and agent fees, mortgage interest and renovation. Realised outcomes of past projects are context, not a prediction for this launch. Full dataset: resale exit dashboard.

Land cost versus comparable sites

What the developer paid for this site, ranked against the sites most like it — same market segment and planning region where we have enough of them, widening only if we do not. Land is the largest single input into a launch price and it is fixed two to three years before the show flat opens. Every tracked site sits on the land cost tracker.

Primary schools within 1km and 2km

MOE primary schools within a straight-line 1km and 2km of this project, with each school's P1 demand tier and phase-by-phase oversubscription ratios from the last completed registration exercise. An address inside a school's 1km band ranks highest whenever that school ballots. Explore every school on the primary schools map.

Map of Lucerne Grand and the 8 primary school(s) inside its straight-line 1km and 2km rings. It loads when this section scrolls into view; every school is listed below with its distance.

Primary school1km ring2km ring
Primary schoolsRulang Primary School≤1km0.42 km (est.)≈ 6 min walkVery high demand · 2026 P1
2A 1.05× • ballot SC >2km2B 1.15× • ballot SC <1km2C 2.20× • ballot SC <1km2C(S)
Primary schoolsShuqun Primary School≤1km0.51 km (est.)≈ 8 min walkVery high demand · 2026 P1
2A 2.91× • ballot SC <1km2B 0.65×2C 1.56× • ballot SC <1km2C(S)
Primary schoolsLakeside Primary School≤1km0.58 km (est.)≈ 9 min walkVacancies available · 2026 P1
2A 0.28×2B 0.00×2C 0.61×2C(S) 0.53×
Primary schoolsBoon Lay Garden Primary School≤1km0.80 km (est.)≈ 12 min walkVacancies available · 2026 P1
2A 0.27×2B 0.00×2C 0.24×2C(S) 0.29×
Primary schoolsJurong Primary School1–2km1.56 km (est.)≈ 23 min walkVacancies available · 2026 P1
2A 0.37×2B 0.00×2C 0.44×2C(S) 0.54×
Primary schoolsCorporation Primary School1–2km1.66 km (est.)≈ 25 min walkVacancies available · 2026 P1
2A 0.20×2B 0.00×2C 0.26×2C(S) 0.16×
Primary schoolsPioneer Primary School1–2km1.89 km (est.)≈ 28 min walkModerate demand · 2026 P1
2A 0.09×2B 0.07×2C 0.89×2C(S) 1.71× • ballot SC <1km
Primary schoolsFuhua Primary School1–2km1.94 km (est.)≈ 29 min walkVacancies available · 2026 P1
2A 0.14×2B 0.02×2C 0.21×2C(S) 0.12×

Phase chips show applicants per place: 1.00× or under every applicant placed, 1.01–1.50× oversubscribed, above 1.50× heavily oversubscribed. Distances are straight-line estimates computed from project and school coordinates and shown to 2 decimal places — they are not the official home-school distance. Walking times use the same model as the nearby-places table above: 80 m/min with a 1.2× allowance for street routing, omitted beyond 2 km. For P1 registration, verify the exact 1km/2km status with the OneMap School Query tool, which applies MOE’s official measurement. No guarantee of accuracy; school demand tiers reflect the 2026 P1 exercise and can change year to year. The tier is read from Phase 2C alone — the round for children with no family link to the school, and the only one where home distance decides who gets in. Very high demand means the 2C ballot cut into citizens within 1km AND at least 1.5 applicants turned up per place. Full map and methodology: NaN

Compare with nearby launches

Other tracked launches and GLS sites in D22 or the same segment and region.

J'Den

6 units available
D22OCR368 units
$2,383–$2,539 psf
98% sold

Sora

214 units available
D22OCR440 units
$2,076–$2,361 psf
51% sold

Mortgage calculator

What a loan of this size costs a month, before you talk to a bank. Change any figure — the instalment, the loan amount and the interest bill all recalculate as you type.

S$
%
% p.a.
years
Total loan amount
Estimated instalment
per month
  • Principal, first month
  • Interest, first month
  • Interest over the full term

The split shown is the first month’s instalment, not an average: early payments are mostly interest and late ones mostly principal, while the monthly figure itself stays level. This is the loan only — it excludes stamp duty, legal fees, maintenance and property tax, and a home bought under construction draws the loan down in stages rather than all at once. What a bank will actually lend you depends on the LTV limit, TDSR and, for HDB flats and developer-sold ECs, MSR. Work those out on the affordability calculator, stamp duty calculator and progressive payment calculator. Estimates only, not financial advice.

Talk this project through with an advisor

The analysis on this page tells you what the data says. If you want to work through what it means for your own situation — budget, ABSD position, timing an HDB sale, or how this project compares with alternatives — you can request a one-to-one consultation.

  • No obligation. The first conversation is about your goals.
  • Affordability and stamp duty worked out on your actual numbers.
  • Launch and tender alerts for the projects you shortlist.

Disclosure: advisory consultations are provided by Jamus Lee (CEA Reg. No. R065771E, ERA Realty Network Pte Ltd, Licence No. L3002382K), the publisher of PropertyInsider.sg, via JamusProperty.com. This is a separate service from our editorial research and has no influence over what we publish. See our editorial policy. Submitting this form shares your details with the advisory practice; see our privacy policy.

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