Lumina Grand

2024 - 1 - 28

Lumina Grand EC Sells 53% of Units on Launch Weekend in Singapore Trending News

Discover the successful launch of Lumina Grand EC, selling over half its units on the first weekend at an average price of $1474 per square foot.

The buzz around Singapore's property market hit a high note with Lumina Grand EC making headlines as it sold a remarkable 53% of its units during the launch weekend. The excitement was palpable as CDL, the developer, enticed buyers with an $8000 early bird discount on the 27th of January, setting the average launch price post-discount at $1474 per square foot. The first executive condominium debut of 2024 proved to be a success story, signaling market optimism and robust demand.

Amidst the estate's popularity, Lumina Grand EC emerged as the star performer, showcasing the buoyancy of the real estate sector. The strategic pricing, coupled with attractive discounts, created a buying frenzy, with both investors and homebuyers eager to secure a piece of this sought-after development. The vibrant sales figures highlighted the eagerness of the public to invest in well-crafted properties, further boosting confidence in the housing market.

City Developments Limited (CDL) took center stage as the mastermind behind Lumina Grand's astounding success. With their savvy marketing strategies and irresistible discounts, CDL captured the market's attention, paving the way for a stellar launch weekend. As the first executive condo launched in 2024, Lumina Grand set a high bar, demonstrating the allure of well-designed living spaces and lucrative investment opportunities.

In the realm of property development, Lumina Grand EC's stellar performance illuminated the potential for growth and innovation in Singapore's real estate landscape. The record-breaking sales reflected a keen interest in premium residential offerings, propelling CDL to the forefront of the industry. The resounding success of Lumina Grand EC solidified its status as a trendsetter in the executive condominium market, setting a new benchmark for future developments.

Interesting Fact: City Developments Limited (CDL) has a long-standing reputation as one of Singapore's leading real estate companies, renowned for its iconic projects and commitment to sustainability. The success of Lumina Grand EC further cements CDL's position as a key player in the competitive property market, driving innovation and excellence.

Fascinating Insight: The overwhelming response to Lumina Grand's launch highlights the evolving preferences of Singaporean buyers, signaling a shift towards premium, well-appointed residences that offer a blend of luxury and practicality.

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Image courtesy of "EdgeProp.sg"

Lumina Grand EC sells 53% of units on launch weekend at an ... (EdgeProp.sg)

CDL offered $8000 early bird discount for buyers on Jan 27, with average launch price after discount at $1474 psf.

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Image courtesy of "The Business Times"

Lumina Grand EC sells 53% of units on launch weekend at average ... (The Business Times)

LUMINA Grand executive condominium (EC) moved more than half its units on the first weekend of its launch at an average price of S$1464 per square foot ...

First executive condo launch of 2024 sells 53% of units (The Straits Times)

SINGAPORE - The first executive condominium launched this year saw more than half of the available units sold over the weekend, with analysts offering mixed ...

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Image courtesy of "Singapore Business Review"

Lumina Grand sells 53% of units on weekend launch (Singapore Business Review)

City Developments Limited (CDL), the property's developer, said the average launch price was $1,464 per square foot (psf), with an additional 3% applied to ...

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