City Developments sold 350 of the 570 homes at Lucerne Grand over its launch weekend of 3–4 October, about 61 per cent. CDL put the average price across the project at $2,480 psf; that is the average of all units offered, not of those sold. About 93 per cent of the buyers were Singaporeans.
It is the first new private launch in Jurong West in a decade: the last was Lake Grande in 2016.
What it is
Lucerne Grand is a 99-year mixed-use development of five 17-storey towers over Lucerne Galleria, a ground-floor mall with a supermarket and food outlets, linked directly to Lakeside MRT on the East-West Line. It stands on the Lakeside Drive land parcel URA sold in June 2025, a 13,485 sqm site zoned for homes over first-storey shops.
Prices start at $1.498 million for a two-bedroom of 624 sq ft, $1.988 million for a three-bedroom of 883 sq ft and $2.788 million for a four-bedroom premium of 1,152 sq ft. The two-bedroom and four-bedroom premium types sold best, at about 87 per cent of those released; three-bedrooms sold about 61 per cent.
How it compares with resale nearby
Roov's URA records for resales in District 22 so far in 2026:
Lake Grande: median $1,928 psf across 39 resales.
The Lakegarden Residences: median $2,242 psf across 35.
J Gateway: $2,129 psf. Lakeville: $1,848 psf. The Lakeshore: $1,500 psf.
At $2,480 psf, Lucerne Grand is priced above every one of them, about 29 per cent above Lake Grande next door. Buyers are paying for a new project with an MRT station and a mall downstairs, in an area that has not had one for ten years. Whether that premium holds is the question for anyone buying to sell later; the true-cost comparator sets a new launch against a resale unit with every cost included.
Who is buying
Mostly families from the west, buying to live in, which is why the larger units sold well. For an HDB owner upgrading, the step is large: in Roov's HDB records, Jurong West five-room flats have resold for a median $631,000 this year and executive flats for $778,000, while a three-bedroom here starts near $2 million.
The HDB sale proceeds calculator shows what your flat would leave you in cash and CPF, and the affordability calculator shows the loan your income supports. A new launch is paid in stages as it is built; the progressive payment calculator shows the schedule, and our guide to buying a new launch condo and to upgrading from HDB to private cover the rest.
The bigger picture
Lucerne Grand is one of three large launches this quarter, with Thomson Reserve and The Serra Residences, that together bring about 2,000 new homes. Earlier today we looked at how private prices rose 1.4 per cent in the third quarter, led by landed homes. Jurong Lake District next door is the long-term story for the area; Roov's en bloc tracker also follows Lakeside Towers on Yuan Ching Road, an older condo in the same neighbourhood.
Looking at Lucerne Grand, or weighing it against a resale unit nearby? Roov's agent can set the numbers side by side for your budget. Get in touch.