The launch of Lumina Grand, Singapore's first executive condominium project in 2024, has garnered tremendous attention and enthusiastic response. The luxury residential project, developed by City Developments Limited (CDL), officially opened for sale reservations on January 27th. Within the first week alone, 269 units were sold out of a total of 512 units, accounting for 53%. This remarkable achievement reflects the high recognition and eager anticipation of homebuyers for this project.
Located in the mature community of Bukit Batok West, Lumina Grand is adjacent to Singapore's first smart and sustainable town, Tengah, enjoying a prime location and convenient transportation network. The project consists of 10 residential blocks of 12 to 13 floors each, occupying a total land area of approximately 179,000 square feet, offering a diverse range of living experiences for homeowners.
Among the units available for sale, 3-bedroom and 4-bedroom units are highly sought after, especially the penthouse units with high ceilings. Lumina Grand's superior design and location have attracted significant attention and acclaim from a large number of homebuyers. With an average selling price of $1,464 per square foot, coupled with reasonable pricing for various unit types, this project is highly favored by buyers.
Furthermore, Lumina Grand introduces a variety of leisure and entertainment facilities, including two clubhouse facilities, swimming pools, gyms, tennis courts, and children's play areas, providing homeowners with a rich lifestyle choice. The introduction of these facilities not only enhances the quality of life in the project but also provides homebuyers with more comfortable experiences and convenient services.
It is worth mentioning that Lumina Grand adheres to the principles of sustainable development by incorporating passive design strategies and efficient renewable energy technologies such as solar photovoltaic panels into its architecture, providing alternative energy sources for the building. This initiative not only meets the demands for environmental protection and energy conservation in today's society but also provides homeowners with a more environmentally friendly and sustainable living environment.
Overall, as the first executive condominium project in Singapore in 2024, Lumina Grand has won widespread praise and recognition for its superior location, meticulously designed unit layouts, and diverse lifestyle facilities. Mr. Sherman Kwek, CEO of CDL, expressed satisfaction with the project's response and confidence in its future development. The successful launch of this project not only demonstrates the strong demand for premium properties by homebuyers but also injects new vitality and momentum into the Singapore real estate market.
The strong sales of Lumina Grand not only reflect the demand for high-quality residences by homebuyers but also demonstrate the vibrancy and potential of the Singapore real estate market. As the project continues to progress and improve, Lumina Grand is expected to become a shining gem in the Singapore real estate sector, providing more homeowners with a quality and comfortable living experience.
