Lucerne Grand

Lucerne Grand: Highly anticipated new launch by CDL, adjacent to MRT

The upcoming Lucerne Grand in District 22 is situated near Jurong Lake Gardens, one of Singapore’s most iconic and scenic outdoor spaces that includes landmarks such as the Chinese and Japanese Gardens.

This development enjoys a prime spot next to Lakeside MRT station (East-West Line), with direct access to Boon Lay Way and Yuan Ching Road. The 145,313 sqft land parcel along Lakeside Drive is zoned for both residential and commercial use, with plans indicating an estimated 575 residential units and over 10,760 sqft of retail space. With a Gross Plot Ratio (GPR) of 3.6, Lucerne Grand condo will be a prominent mixed-use project in the western region.

From Lakeside MRT, it takes just two stops to reach Jurong East MRT interchange (North-South and East-West Lines), a fast-growing hub commonly referred to as Singapore’s “second CBD.” Jurong East is already home to major malls such as IMM, JEM, and the newly launched J’den, along with business and office nodes. This level of connectivity and urban growth makes Lakeside Drive's new launch an appealing choice for both homeowners and investors.

What to expect from Lucerne Grand new launch

Developed by CDL, Lucerne Grand will feature five residential blocks, each 16 storeys high, along with a ground-floor retail podium. With its strategic positioning, many units are likely to enjoy uninterrupted views of Jurong Lake Gardens, a strong visual selling point for nature lovers.

While nearby projects like Sora and LakeGarden Residences may have slightly closer proximity to the waterbody, the new CDL development is expected to offer similar or even superior perspectives of the lush parklands.

On the education front, this location in Lakeside enjoys the added benefit of being within a 1km radius of multiple reputable primary schools. These include Rulang Primary, Lakeside Primary, Boon Lay Garden Primary, and Shuqun Primary, a significant draw for families with school-going children.

Lakeside Drive GLS site strong bidding

The Government Land Sales (GLS) tender for Lakeside Drive, which closed on 8 April 2025, made headlines for defying expectations in what has otherwise been a subdued GLS cycle. This plot attracted six competitive bids, with City Developments Limited (CDL) securing the top spot with an assertive offer of S$608 million, translating to approximately S$1,132 per square foot per plot ratio (psf ppr). The rest of the bids were as follows:

• Frasers Property and Mitsubishi Estate Asia (JV): S$550.6 million (S$1,025 psf ppr)
• CapitaLand Development and Sing Holdings (JV): S$529 million (S$985 psf ppr)
• Wee Hur Holdings: S$503.9 million (S$938 psf ppr)
• Hong Leong Holdings and TID (JV): S$495.2 million (S$922 psf ppr)
• Sim Lian Group: S$488.2 million (S$909 psf ppr)

Notably, CDL’s winning bid stands as the second-highest OCR land price of the year, just behind the S$1,388 psf ppr bid for the Bayshore Road site in March 2025. This signals strong developer confidence in the West region and in the long-term growth of Lakeside and Jurong.

Lucerne Grand's unique selling points

Last sizeable land plot within the vicinity

A quick walk out of Exit A at Lakeside MRT station reveals the scarcity of large, undeveloped parcels in the immediate area. This CDL project is the last remaining major residential opportunity here. As Jurong continues transforming into Singapore’s second CBD, new units with lake-facing views will become increasingly rare and likely much more expensive in the resale market. This could make CDL's Lucerne Grand a valuable first-mover opportunity for buyers seeking long-term upside.

First mixed-use project in the area

While existing nearby launches like Sora and LakeGarden Residences boast similar scenic backdrops, they are zoned strictly for residential use. The Lucerne Grand condo, in contrast, includes a retail podium, making it the only mixed-use development in the immediate area.

This means residents will enjoy doorstep conveniences not found in neighbouring condos, such as cafes, grocers, and lifestyle shops. CDL’s track record as a mall operator (City Square Mall, Sengkang Grand Mall, Quayside Isle, etc.) provides further assurance of a thoughtfully curated retail mix. The project is likely to serve as the area’s lifestyle nucleus, giving it an edge in attracting future homebuyers and investors.

Competitive launch price

Pricing benchmarks from nearby projects offer useful context for the estimated launch price of this new condo in Lakeside Drive. Sora launched in 2023 with prices reaching up to S$2,216 psf, while LakeGarden Residences launched the same year at around S$2,120 psf. Further East, at Jurong East, the J’den development, also launched in 2023, is already achieving prices close to S$2,317 psf.

Market analysts project that Lucerne Grand could launch at approximately S$2,400 psf. This remains within a competitive and affordable band, given the land bid of S$1,132 psf ppr, offering developers room for profit while maintaining relative value for buyers.

Nearby amenities

Retail and shopping: Lucerne Grand is located just two MRT stops from Jurong East, which houses major shopping centres like IMM (known for its factory outlets), JEM (with anchor tenants like IKEA and FairPrice Xtra), and Westgate. Closer to home, the upcoming ground-floor retail podium at Lucerne Grand will offer everyday conveniences, while nearby neighbourhood malls such as Taman Jurong Shopping Centre and Boon Lay Shopping Centre provide F&B, banking, and essential services.

Food and hawker fare: For those who enjoy local eats, Taman Jurong Food Centre and Boon Lay Place Food Village are nearby favourites. These long-established hawker centres serve a wide variety of affordable Singaporean dishes, from nasi lemak and Hainanese chicken rice to satay and laksa.

Parks and green spaces: The project’s proximity to Jurong Lake Gardens is a major lifestyle plus. Spanning over 90 hectares, the gardens are a national attraction, ideal for jogging, cycling, kayaking, or enjoying family picnics. The Chinese and Japanese Gardens are undergoing redevelopment to enhance their historical and architectural appeal.

Schools and education: Lucerne Grand is expected to fall within 1km of Rulang Primary, Lakeside Primary, Shuqun Primary, and Boon Lay Garden Primary, making it attractive to families focused on securing school placements. Secondary schools, polytechnics, and institutions like Nanyang Technological University (NTU) are also within convenient reach.

Healthcare: Ng Teng Fong General Hospital and Jurong Community Hospital at Jurong East are less than 10 minutes by train or car, offering peace of mind for residents with medical needs.

URA Master Plan around Lucerne Grand

The Lakeside area is a key pillar in Singapore’s future economic and infrastructural development, as outlined in URA’s Master Plan for the West Region. Several transformative initiatives are in place:

Jurong Lake District (JLD)

At 360 hectares, JLD will be the largest mixed-use business district outside the city core. More than just offices, the district will incorporate retail clusters, lakeside recreation, lush green corridors, and residential communities. By 2035, the area will be served by four MRT lines, connecting it directly to the CBD, Changi Airport, and beyond, making it one of the most accessible regions in the country.

Jurong Innovation District (JID)

Just a short drive from Lakeside Drive, the JID is envisioned as Singapore’s hub for advanced manufacturing. It brings together high-tech industries, research institutions, and innovation labs—including NTU—as part of a thriving ecosystem. Connectivity will be enhanced by the Jurong Region Line, ensuring the district remains well-integrated with residential zones.

Tuas Port

Singapore’s next-generation Tuas Port will be fully operational by the 2040s, consolidating container operations and enhancing logistics efficiency. This megaproject will not only create jobs in maritime and logistics but also shorten production-to-market timelines for manufacturers in Tuas and Jurong. Its scale and strategic importance make it a future economic engine that will ripple through the surrounding areas, including Lakeside.