Lucerne Grand Condominium next to Lakeside MRT station

Lucerne Grand Review, Investment Analysis & Market Insights (New Launch)

Lucerne Grand Preview: 18 - 30 September 2026

This is a detailed new launch review of Lucerne Grand, a mixed-use condominium development at Lakeside Drive in Singapore's District 22. Developed by City Developments (CDL), it sits next to Lakeside MRT station (East-West Line) and at the heart of the Jurong Lake District, set to become Singapore's largest Central Business District outside the city.

Lucerne Grand occupies a 145,152 sqft site and will feature 570 residential units across five 17-storey blocks, complemented by commercial amenities on the ground floor, for more convenient living.

To help guide your investment decision, this new launch review of Lucerne Grand also includes our proprietary PrimeKey Analysis, which evaluates the project against eight core performance indicators to determine whether it aligns with your investment or personal housing objective. Refer to our PrimeKey Case Studies to understand how it helps you make an informed investment decision.

Click on the links below to jump directly to each section:

 

10 Reasons to Invest in Lucerne Grand

  1. Reputable Developer: City Developments Limited (CDL) is recognised as one of Singapore's most established and trusted property developers with over 60 years of track record and a global portfolio spanning 168 locations across 29 countries.
  2. Excellent MRT Proximity: Door-step access to the Lakeside MRT station (East-West Line) located approximately 50m away, and two stops to the upcoming Jurong East Integrated Transport Hub.
  3. Expanding MRT Network: Upcoming Jurong Regional Line (JRL) and Cross Island Line (CRL) to enhance the district's connectivity and ease of travel.
  4. Excellent Expressway Access: A short drive to the Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), offering drivers convenient island-wide connectivity.
  5. Mixed Development: Ground-floor commercial units, including a supermarket, provide convenient access to retail , lifestyle, and daily amenities, enhancing the appeal to both owner-occupiers and renters.
  6. A Vibrant Shopping Haven: Two MRT stations to Jurong East Central, home to major shopping malls such as JEM, Westgate, IMM, and other amenities.
  7. Nature and Recreation: Adjacent to Jurong Lake Gardens with waterfront promenades, cycling paths, and a wide range of leisure and outdoor activities.
  8. Proximity to Popular Primary Schools: The popular Rulang and Shuqun primary schools are located within a 1-km radius.
  9. Jurong Lake District Transformation: Strategically positioned to benefit from its transformation into Singapore's second CBD, with a target of creating 100,000 new jobs and 20,000 new homes.
  10. Investment Potential: The area’s transformation into a mixed-use district, alongside the development of key employment hubs such as the Jurong Innovation District and Tuas Mega Port, will boost housing demand and property values.

Lucerne Grand Fact Sheet

Description Details
Project Name Lucerne Grand
Developer City Developments Limited (CDL Polaris Properties Pte. Ltd. & CDL Polaris Commercial Pte. Ltd.)
Project Description 5 blocks of 17-storey apartments with commercial (Supermarket, Shops & Restaurants) at 1st Storey (Lucerne Galleria), basement carparks and communal facilities
Site Area 145,152 sqft / 13,485.1 sqm
Total Units 570 Residential Units
Unit Types 1-Bedroom to 5-Bedroom Units
Tenure 99-Years Leasehold Commencing 8 September 2025
Land Cost S$608 million ($1,132 psf ppr)
District District 22 (Jurong / Boon Lay / Tuas)
Address 32, 34, 36, 38 Lakeside Drive, Singapore
Nearest MRT Lakeside MRT Station (East-West Line) - approx. 50m
Expected Date of Vacant Possession 7 December 2031
No. of Carpark Lots Estimated 456 Lots and 6 Accessible Lots
Architect ADDP Architects LLP
Landscape Consultant Tinderbox Pte Ltd
Project Interior Designer 2nd Edition Pte Ltd
Professional Engineer TW-ASIA Consultants Pte. Ltd.
M&E Consultant Rankine & Hill (Singapore) Pte. Ltd.
Quantity Surveyor WT Partnership (Singapore) Pte. Ltd.
Builder United Tec Construction Pte. Ltd.

Lucerne Grand Unit Mix & Distribution

Unit Type Estimated Size (Sq ft) No. of Units % Unit Mix
2-Bedroom 624 96 39%
2-Bedroom + Study 667 – 710 126
3-Bedroom 872 – 904 125 44%
3-Bedroom Premium + Study 947 – 1,001 128
4-Bedroom Premium 1,152 – 1,195 47 17%
4-BedroomPremium + Study 1,345 16
4-Bedroom Premium + Entertainment 1,432 32
570 100%

Project Virtual Tour

Lucerne Grand's Design & Architecture Features

Lucerne Grand draws inspiration from Lucerne, Switzerland, translating the character of a mountain-by-the-lake setting into a contemporary residential development beside Jurong Lake. The concept brings together architecture, landscape and interiors through three defining elements:

  • The Mountain - expressed through the development’s distinctive, jagged building silhouette.
  • The Lake - reflected in the softer, landscaped spaces and water features throughout the development.
  • The Home - bringing these natural references together in a residential environment designed around everyday living.

The overall design intent is to create a development that feels grounded in nature while maintaining a strong architectural presence within the Jurong Lake precinct.

Architectural Design

Designed by ADDP Architects LLP, Lucerne Grand comprises five 17-storey residential blocks with 570 units. The architectural expression takes its cues from the rugged profile of a mountain, with angular forms creating a distinctive skyline presence. This provides the development with a recognisable identity while responding to its location near Jurong Lake.

A notable feature is the mixed-use component at the first storey, known as Lucerne Galleria, which comprises a supermarket together with shops and restaurants. This provides an element of daily convenience within the development itself.

The development has also achieved the BCA Green Mark Platinum Super Low Energy (SLE) Building Certification, reflecting its focus on energy efficiency and sustainable design.

Site Design

The site is planned to integrate residential living with communal spaces and convenient access to the surrounding environment. Its proximity to Jurong Lake Gardens and the Jurong River allows the development to incorporate the natural setting into its overall planning concept.

Key site characteristics include:

  • Five residential blocks arranged within a landscaped development.
  • Basement carparks with an estimated 456 standard lots and six accessible lots.
  • First-storey commercial uses at Lucerne Galleria.
  • Pedestrian and vehicular access planned through the basement levels.
  • Direct relationship with the surrounding Jurong Lake and river environment.

Landscape Design

Landscape design by Tinderbox Pte Ltd reinforces the mountain-and-lake concept through a combination of water features, gardens and recreational spaces.

The crescent-shaped lap pool forms a key centrepiece, leading towards the Lucerne Clubhouse and incorporating a Spa Cove, poolside landscaping and gardens. Other facilities include:

  • Community Plaza.
  • Kids Splash Pool.
  • Gourmet Pavilions.
  • Multi-Purpose Court.
  • Outdoor Fitness area.
  • Wellness Garden.
  • Pets Garden.

The family-oriented facilities are distributed across different levels and connected through the residential lift lobby, creating a layered recreational environment.

Interior Design and Provisions

Interior design by 2nd Edition Pte Ltd continues the nature-inspired concept with residential interiors designed around functionality and flexibility. Several layouts incorporate adaptable spaces that can respond to changing household requirements.

Notable provisions include:

  • 2 Bedroom + Study: efficient dumbbell layout with a well-sized, multifunctional study.
  • 3 Bedroom Premium + Study: flexible open-concept study space offering different planning possibilities.
  • 4 Bedroom Premium + Entertainment: flexible entertainment space, large kitchen, dining area with storage and display, and master bedroom with his-and-hers walk-in wardrobes.

Selected units feature premium appliances and fittings from Bosch, Samsung, Hansgrohe, Geberit and Franke.

Who is the Developer of Lucerne Grand?

Lucerne Grand will be developed by City Developments Limited (CDL), a globally recognised real estate corporation listed on the Singapore Stock Exchange. With over six decades of experience, CDL has delivered over 53,000 residential units and manages over 23 million square feet of gross floor area in 29 nations.

Being a leader in sustainable development, it has been awarded 23 BCA Green Mark certifications, more than any other private developer under this scheme. In 2024, it also became the first to win the BCA Company of the Year award while retaining its Quality Champion designation for 12 consecutive years.

Some of its latest developments include Newport Residences, Union Square Residences, and Copen Grand Executive Condominium.

 

What are the Launch Prices for Lucerne Grand?

The following are Lucerne Grand's condo indicative launch pricing:

  • 2-Bedroom (624 sqft): from $1.498M ($2,401 psf).
  • 2-Bedroom + Study (667 sqft): from $1.598M ($2,396 psf).
  • 3-Bedroom (883 sqft): from $1.988M ($2,251 psf).
  • 3-Bedroom Premium + Study (1,001 sqft): from $2.328M ($2,326 psf).
  • 4-Bedroom Premium (1,152 sqft): from $2.788MM ($2,420 psf).
  • 4-Bedroom Premium + study (1,345 sqft): from $3.228M ($2,400 psf).
  • 4-Bedroom Premium + Entertainment (1,432 sqft): from $3.398M ($2,373 psf).

Click on the link for the Lucerne Grand Brochure and Floor Plans.

Based on the above pricing, it is likely to achieve an average selling price of between $2,400 psf and $2,450 psf (estimated).

During the government land sale, Lucerne Grand's site was awarded in June 2025 at $1,132 psf ppr.

For context, the nearby Sora has transacted at approximately $2,326 psf, while Lakegarden Residences has averaged $2,189 psf (as of May 4, 2026). Both developments were launched in 2024, when land costs were lower. However, do note that these two developments are not within walking distance of their nearest MRT station - Lakeside.

Thus, Lucerne Grand's price premium over them due to its more favourable location is not unexpected. Moreover, land prices have escalated since Lakegarden Residences and Sora were launched in August 2023 and July 2024, respectively.

 

Where is Lucerne Grand Located?

Lucerne Grand LocationLucerne Grand is located at Lakeside Drive in Singapore’s District 22, and at the heart of the Jurong Lake District (JLD) transformation, one of the most ambitious and transformative projects to develop it into the second-largest CBD under the URA's Master Plan.

The property sits on a highly desirable land plot next to the Lakeside MRT Station and close to the Jurong Lake Gardens.

The upcoming Jurong East integrated transport hub is only two MRT stations away.

Facing its West side is the Lakefront Residences, which was launched in 2014. And facing the East across the Jurong River is Yuan Ching Secondary School.

 

MRT Connectivity

Lakeside MRT Station

Lakeside MRT Station

Lucerne Grand enjoys excellent MRT connectivity as the Lakeside MRT station on the East West Line is located only about 50m away. Two train stations away is the Jurong East MRT interchange, which is currently being redeveloped into an Integrated Transport Hub.

It will also become an interchange for the Jurong Regional Line after its Stage 2 is completed in 2028.

With the MRT network expansion, commuting across Singapore will be greatly enhanced.

Residents of Lucerne Grand will also enjoy direct access to the Central Business District (CBD), Downtown Singapore and Changi Airport.

 

Expressway Connectivity

Lucerne Grand is located a short drive from two major expressways, which allows vehicle-owning residents to travel across the island more efficiently and with less stress.

  • Ayer Rajah Expressway (AYE): It provides a direct route to One-North, CBD, and Harbourfront.
  • Pan-Island Expressway (PIE): It provides convenient connectivity to Changi Airport, Novena, and the city centre.

 

Nearby Amenities and Lifestyle Options

Lucerne Grand residents will have convenient access to a wide variety of shopping and dining facilities around the precinct.

Apart from the commercial units on the first floor of the development, residents will also have access to an array of large shopping malls and neighbourhood centres via a short MRT, bus, or car ride.

  • JEM (Jurong East) - 2 MRT stops; major lifestyle mall with cinema and dining.
  • Westgate (Jurong East) - 2 MRT stops; family shopping and lifestyle hub.
  • IMM (Jurong East) - Singapore's largest outlet mall; ideal for furniture and homeware.
  • Jurong Point Shopping Centre - One MRT stop; a suburban mall offering diverse thematic food zones, extensive retail brands, and essential services.
  • Boon Lay Shopping Centre - 13 minutes by ride; a traditional heartland complex providing affordable local groceries, everyday amenities, and a popular wet market and food centre.
Jurong East Mall (JEM)

Jurong East Mall (JEM)

IMM at Jurong East

IMM

Westgate Shopping Mall at Jurong East

Westgate Shopping Mall

Jurong Point Shopping Mall

Jurong Point

Healthcare and Community Facilities

  • Ng Teng Fong General Hospital (Jurong East): 2 MRT stops.
  • Jurong Community Hospital (Jurong East): 2 MRT stops.
  • Jurong Polyclinic: 13 minutes by bus.
  • Jurong Regional Library (Jurong East Central): 2 MRT stops.

 

Nearby Nature Parks and Green Spaces

Another main attraction of Lucerne Grand is its proximity to the Jurong Lake Gardens, which is a 90 ha national waterfront park that is divided into three distinct parks:

  • Lakeside Garden: Focused on nature and play, featuring the Clusia Cove water area and the Forest Ramble adventure park.
  • Chinese Garden: A cultural site featuring restored iconic pagodas, a serene Bonsai Garden, and the majestic Grand Arch. New additions, such as the Water Wall Court, blend traditional architecture with modern, lush landscapes.
  • Japanese Garden: A Zen-themed garden featuring the dramatic new Sunken Garden and Singapore's largest water lily collection. Restored stone lanterns and arched bridges offer a peaceful, contemplative floral retreat.

Collectively, these spaces integrate biodiversity with community recreation. These gardens are also linked to the Garden Promenade, connecting the lush greenery to the future New Science Centre and integrated tourism hub.

Twin Pagoda at Chinese Garden, Jurong Lake District

Chinese Garden

The Sunken Garden at Japanese Garden, Jurong Lake Gardens

Japanese Garden

New Science Centre at Jurong Lake Gardens

New Science Centre at Jurong Lake District

New Singapore Science Centre

The new Science Centre is currently being reconstructed near Jurong Lake Gardens. Once completed in 2027, it will attract more footfall through its engaging and lifestyle-enhancing activities.

A key highlight is the inclusion of large glass "monocles" at the ends of its interlocking blocks. These oversized windows serve as viewing portals that frame panoramic views of Jurong Lake, integrating the natural landscape into the visitor experience.

Ultimately, this will enhance the vibrancy of the Lakeside precinct, increasing the long-term appeal of Lucerne Grand for both owner-occupiers and property investors.

 

Proximity to Educational Institutions

With eight primary schools located within a 2km radius of Lucerne Grand, this will greatly appeal to families with young children. Hence, children entering Primary 1 will benefit from priority admission under the Ministry of Education’s distance-based allocation system (Source: Ministry of Education, Singapore).

Primary Schools Within 1km

  • Rulang Primary School.
  • Shuqun Primary School.
  • Lakeside Primary School.
  • Boon Lay Garden Primary School.

Primary Schools Between 1-2km

  • Corporation Primary School.
  • Fuhua Primary School.
  • Jurong Primary School.
  • Pioneer Primary School.
  • Westwood Primary School.

Secondary Schools

Several secondary and tertiary institutions are accessible via a short walk, drive or MRT ride, which include the following:

  • Yuan Ching Secondary School.
  • Yuhua Secondary School.
  • Fuhua Secondary School.
  • Hua Yi Secondary School.
  • Jurongville Secondary School.
  • River Valley High School.
  • Boon Lay Secondary School.
  • Jurong Secondary School.
  • Jurong West Secondary School.

 

Junior College, Polytechnic, and University

Nanyang Technological University (NTU)

Nanyang Technological University (NTU)

The nearest junior college and polytechnic are Jurong Pioneer JC and Ngee Ann Polytechnic, located approximately 20 minutes and 16 minutes away by car, respectively.

University students residing at Lucerne Grand will enjoy proximity to the Nanyang Technological University (NTU), which will be a short train ride away after Stage 3 of the Jurong Regional Line is completed in 2029. This will be before Lucerne Grand receives it Temporary Occupation Permit (TOP).

With convenient access to educational institutions, Lucerne Grand will especially appeal to families with children who are still studying, supporting long-term owner-occupier demand and property values.

 

Lucerne Grand’s Investment Potential

Lucerne Grand will benefit greatly from the development of the Jurong Lake District (JLD), one of the most ambitious decentralisation efforts undertaken by Singapore, and is expected to progress over the next two to three decades.

By turning this western part of Singapore into an exciting urban mixed-use precinct, it will offer strong long-term investment opportunities.

 

Jurong Lake District (JLD): Second Central Business District (CBD)

According to the JLD Master Plan, it will be transformed into a vibrant mixed-use urban hub and become the largest central business district outside the city. It will comprise three integrated zones:

  • Jurong Gateway: The primary commercial and business hub.
  • Lakeside Precinct: The residential and recreational heart, home to Lucerne Grand, centred on lifestyle and nature.
  • Lakeside Gateway Tourism Node: A future waterfront link between the above two, featuring hotels, entertainment, and world-class attractions.

The JLD Master Plan will also seek to create 100,000 new jobs and 20,000 new homes, providing a significant base of future upgraders.

 

Tengah BTO Upgrader Demand

Tengah is Singapore’s first new HDB town in over two decades, following the development of Punggol, and is located very close to Jurong Lake District.

As more HDB BTO projects will be completed from 2027 onwards, the growing resident base will create a strong pipeline of upgrader demand in the western region.

Hence, Lakeside condominiums like Lucerne Grand are well-placed to benefit from this strong upgrading base.

 

Comparative Market Analysis

To evaluate the investment potential of Lucerne Grand, we analyse how four condominiums located near it have performed since they were launched (see chart below):

  • Lakepoint Condominium.
  • The Lakeshore.
  • Caspian.
  • Lakefront Residences.

(Source: Navis - A Division of Huttons Asia Pte Ltd)

Lucerne Grand Comparative Market Analysis

Trend Analysis: Lakepoint vs Lakeshore vs Caspian vs Lakefront Residences

 

Project Comparison Information

Development Distance to Lakeside MRT No. of Units Launch Date Price Gain (Av. PSF) Since Launch Annualised Price Gain (Av. PSF) 
Lakepoint Condominium ~650m 304 August 1995 188.64% ~3.51%
The Lakeshore ~350m 848 October 2003 189.96% ~3.83%
Caspian ~315m 712 February 2009 166.50% ~5.84%
The Lakefront Residences ~220m 629 November 2010 79.61% ~3.85%

The chart indicates that Caspian has delivered the strongest performance among the developments analysed. This can be attributed to a combination of factors:

  • Competitive launch price.
  • Located only about 315m from Lakeside MRT.
  • Positive sentiment arising from the announcement of the Jurong Lake District transformation in April 2008.

The second-best performer, The Lakefront Residences, is located even closer to the MRT station (around 220m). Its performance reinforces a consistent market driver - both owner-occupiers and investors place a significant premium on accessibility and convenience, particularly proximity to an MRT station.

In this context, Lucerne Grand stands to reap similar benefits. Its location next to Lakeside MRT station is likely to be one of its most appealing factors, supporting both liveability and long-term investment.

As for the other two developments, Lakepoint and Lakeshore, they have delivered respectable performances, with annualised gains of roughly 3.51% and 3.83%, respectively. This is despite them being older developments and the negative effects of lease decay are becoming more notable.

Hence, these figures show steady, sustainable growth you can count on over time.

Meanwhile, against the backdrop of rising land costs across Singapore, an estimated launch price between $2,400 to $2,500 psf for Lucerne Grand appears reasonable.

For comparison, Vela Bay at Bayshore achieved an average launch price of $2,886 psf at its sales launch on April 25, 2026, with about 72% of its 515 units taken up.

However, this higher pricing should be viewed in context - its land cost of $1,388 psf per plot ratio (ppr) is higher than Lucerne Grand’s $1,132 psf ppr, suggesting that Lucerne Grand may offer relatively better value from a cost perspective despite both developments being located in the Outside Central Region (OCR).

 

PrimeKey Analysis: Lucerne Grand Review Rating & Evaluation

The following is Lucerne Grand's review rating using our proprietary PrimeKey Analysis framework, a data-driven, objective scoring system that evaluates a property based on 8 key factors. To request your complimentary full report, click on the link below:

  • Name of Development: Lucerne Grand.
  • Overall Investment Rating: 4.8 / 5 Stars.
  • Verdict: Lucerne Grand offers a highly compelling investment opportunity with exceptional transportation connectivity, strategic location within the Jurong Lake District transformation, and strong fundamentals across all the 8 key factors. Highly recommended for investors seeking a premium, high-growth residential asset in a well-connected, future-ready location with strong rental income potential and long-term capital appreciation prospects.

To find out how our PrimeKey Analysis Framework can help you make an informed property investment decision, check out our PrimeKey Case Studies.

 

Lucerne Grand PrimeKey Review Ratings of the 8 Key Investment Factors

MRT Connectivity
★★★★★
1 min walk to MRT
Growth Hotspots
★★★★★
0.2 km to growth hotspot
GLS / Enbloc Sites Pipeline
★★★★★
Have 5 GLS nearby
Project Size
★★★★★
570 units
Remaining Tenure
★★★★★
Balance: 98 years
Rental Yield
★★★★☆
Avg: 3.7% in OCR
School Effect
★★★★☆
2 popular and 2 standard tier schools nearby
MOP Cluster
★★★★★
6,820 MOP cluster units nearby

Lucerne Grand PrimeKey Analysis Investment Review

Please WhatsApp me to receive the latest project updates or to request your complimentary Primekey Analysis Report for Lucerne Grand, which provides a detailed, data-driven evaluation across eight key investment factors designed to help you make a well-informed property investment decision.

[ REQUEST YOUR FREE PRIMEKEY ANALYSIS REPORT ]

 


Other New/Upcoming Property Launches

Besides Lucerne Grand, you may also be interested in the following projects:

More new launches information is also available in our project database.

 

Posted in Outside Central Region New Launches Reviews & Investment Analyses.

Hi,

I am Lance Kuan, an Associate Marketing Manager at Huttons Asia Pte Ltd, Singapore's largest privately-owned property agency (Registration No. R062704Z).

With almost 30 years of experience in banking, investment and market analysis, I focus on helping clients navigate property investment and asset progression with clarity and confidence.

My blog - Sg Home Investment - offers in-depth property reviews, research, guides, and a wide range of resources, including our proprietary PrimeKey Analysis Framework, to help buyers make an informed investment decision.

If you have any questions on Singapore real estate or require assistance, feel free to reach out to me via WhatsApp.