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First Look: Lucerne Grand Moves 61% of Units on Launch Weekend at $2,480 PSF Average

4 October 2026 · PropertySpy Research

First Look: Lucerne Grand Moves 61% of Units on Launch Weekend at $2,480 PSF Average
First Look: Lucerne Grand Moves 61% of Units on Launch Weekend at $2,480 PSF Average

Image: The Business Times

City Developments Limited (CDL) has moved 348 units (61%) of its 570-unit residential project, Lucerne Grand, during its official booking weekend at an average selling price of S$2,480 psf. PropertySpy Research breaks down the essential balance-sheet impact for buyers and sellers.

Key Takeaways

•Pricing Benchmark: Key benchmarks recorded include 348 units, 61%, $2,480 , establishing a critical valuation floor for the surrounding enclave.
•Buyer & Upgrader Impact: Scrutinize progressive cash outlay and mortgage carry against nearby historical resale comps before committing capital.
•Seller & Landlord Strategy: Existing owners in the immediate vicinity should assess competing supply to lock in optimal exit timing and rental spreads.

Singapore's new launches market continues to see steady activity. City Developments Limited (CDL) has moved 348 units (61%) of its 570-unit residential project, Lucerne Grand, during its official booking weekend at an average selling price of S$2,480 psf. Key benchmark metrics recorded include 348 units and 61%.

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In Singapore's current property climate, strong locations and real homebuyer demand continue to keep prices resilient. With buyers and homeowners watching interest rates and new launches closely, well-located homes close to amenities and transport options are holding their ground firmly.

"In Singapore property, the smart move isn't chasing hype—it's knowing your numbers, your timeline, and your exit plan before you commit." — PropertySpy Market Note

For buyers and homeowners planning their next move, keeping an eye on your finances and purchase timeline is key. Checking your monthly carry and financing options against realistic market prices helps ensure you make a confident, well-timed move.

What This Market Shift Means for Your Property Strategy

If you're planning an upgrade or looking to buy in this area, check your entry PSF against recent neighborhood transactions so you don't overstretch on your cash outlay. If you already own a unit nearby, this is the right window to review your selling options before new handover units enter the market. Reach out to PropertySpy anytime for a realistic price comparison, an exit plan, or advice on your progressive payments before TOP.

PropertySpy Advisory

Planning Your Next Move in the Property Market?

Whether you're looking for your next family home, thinking of selling at the right benchmark, or planning your finances and timeline before TOP, our team is here to walk through the actual numbers with you.

💬 Speak with PropertySpyRequest Property Review & Numbers

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Featured: Thomson Reserve Preview · D20
Original Report: The Business Times

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