If you've been watching the west, you've probably heard the name Lucerne Grand more than once this year. It's the new CDL condo going up right beside Lakeside MRT, and it's been getting attention for a reason that has nothing to do with hype — it's the first new private condo to launch directly at Lakeside MRT's doorstep in ten years.
Here's what you actually need to know before you decide if it's worth a viewing.
The Basics
Lucerne Grand sits on Lakeside Drive in District 22, part of the Jurong Lake District. It's developed by City Developments Limited (CDL) — the same group behind Tembusu Grand, The Myst, Zyon Grand, and Canninghill Piers, among others. CDL has been in the business for over 60 years and has developed more than 55,000 homes globally, so this isn't an unfamiliar name to Singapore buyers.
The project comprises 570 units across 5 residential blocks, with a retail podium called Lucerne Galleria on the ground floor — up to 1,000 sqm of commercial space with a minimum 700 sqm supermarket built in.
Unit mix:
- 2-Bedroom: 222 units (39%), 620–710 sqft
- 3-Bedroom: 251 units (44%), 870–1,000 sqft
- 4-Bedroom: 97 units (17%), 1,140–1,430 sqft
CDL secured the land at $1,132 psf ppr in June 2025, beating out five other bids from big names including Frasers Property/MUR, CapitaLand, and Hong Leong Holdings. Target preview is mid-September 2026.
Why the Location Matters
Lucerne Grand isn't just "in Jurong" — it's inside the Jurong Lake District, which URA has designated as Singapore's second Central Business District. To put the scale in perspective: the Jurong Lake District's planned office GFA is about 1.4 million sqm — roughly 7 times the size of Paya Lebar Central and 10 times Tampines Regional Centre.
This isn't a future promise with nothing behind it. Ng Teng Fong Hospital, JEM, Westgate, and the Jurong Innovation District (which already houses Hyundai, A*STAR, and NTU-linked research) are already operating. A new Science Centre is targeted for 2027, and URA released the Town Hall Link site in mid-2026 to kick off the next phase — 1,200 more homes, offices, and retail space right in the district.
The Connectivity Piece
This is the part that's genuinely rare: Lucerne Grand is a short walk to Lakeside MRT (EW26) — one stop to Boon Lay, two stops to Jurong East where you connect to the North-South Line and the upcoming Jurong Region Line, three stops to Clementi, and five to Buona Vista.
Major expressways — PIE, AYE, KJE, BKE — are all close by too, so if you drive, you're not boxed in.
Why Supply Is Genuinely Tight Here
This matters more than most marketing decks let on. There is currently no mixed-use condo within 1km of Lakeside MRT. The last new launch within 500m of the station was Lake Grande, back in 2016 — a full decade ago. And across the whole of District 22 and District 24, there are only around 226 unsold new-launch units left.
That scarcity isn't just a talking point — it shows up in resale prices. Nearby projects like Lakefront Residences and Lake Grande have been transacting 2-bedders at $3,900–$4,600/month in rental, with steady annualised capital gains in the 3–4% range over the past decade, even without direct MRT frontage.
The Pricing Question Everyone's Asking
Nobody has an official price list yet — CDL hasn't released it as of this writing, and any number floating around online should be treated as indicative, not final. That said, based on where recent CDL and comparable district launches (J'Den, Sora, The LakeGarden Residences) have transacted — all averaging above $2,100–2,475 psf, with highs above $2,800 psf — Lucerne Grand entering anywhere from $2,500 psf would still put its quantum for a 2-bedder at $1.5–1.8M, which stacks up reasonably against what's left in the resale and remaining new-launch pool nearby.
One more thing worth knowing: Lucerne Grand will be built under Singapore's newer harmonised GFA measurement standard (effective June 2023), which strips out non-functional space like air-con ledges and bay windows from the saleable area. That means the psf you see may look higher on paper than an older project, but every square foot you're paying for is space you can actually stand in and use.
Who This Suits
If you're an HDB upgrader eyeing the west, or you already live in the Jurong/Boon Lay area and don't want to leave the neighbourhood, this is the first genuinely new option at the MRT doorstep in a decade. If you're looking at this for rental yield, the comps in the immediate vicinity show solid demand for 2 and 3-bedroom units, helped along by proximity to the growing office and innovation cluster.
If you're more cautious about new launches and prefer resale with an established track record, that's a fair position too — Lucerne Grand is on a 99-year lease and TOP is not expected until around 2030, so this is a longer-term hold, not a quick flip.
Bottom Line
Lucerne Grand isn't a project to chase blindly. But the fundamentals — CDL as developer, a decade-long supply gap at Lakeside MRT, and a location sitting squarely inside a district URA is actively building into Singapore's second CBD — are worth taking seriously if a Jurong-area home is even on your radar.
Preview is targeted for mid-September 2026. If you'd like to view the showflat when it opens or want a proper breakdown of how this compares to what you already own, feel free to reach out and I'll walk you through it.