Lumina Grand by City Developments Limited (CDL), Bukit Batok West Ave 5, Singapore
Seeking indication of interest , Call us at 6100 848
Lumina Grand EC is a new executive condominium launch by City Developments Limited (CDL). Situated at the new estate in Bukit Batok West Ave 5 located in the western part of Singapore. Bukit Batok is a vibrant and lively place to live. It is home to numerous amenities and places of interest, including parks, shopping malls, and educational institutions.
Lumina Grand executive condominium
Executive condominiums are a unique housing option in Singapore that bridges the gap between public housing and private condominiums. They provide an attractive option for middle-income families and individuals, offering quality living spaces with an array of amenities. While they come with specific eligibility and ownership restrictions, ECs have become a popular choice for those looking for affordable yet comfortable housing.
Lumina Grand EC is equipped with full facilities condominium, and yet only the eligible few are able for purchase.
About the development
Lumina Grand EC is located on Bukit Batok West Ave 5 at the plot next to Altura EC. There are 550 units in the development of various bedroom types and configurations.
When it comes to developing quality homes you can trust City Development Limited (CDL).
Lumina Grand Specification
|Project Name||Lumina Grand|
|Developer||City Developments Limited (CDL)|
|Address||Bukit Batok West Ave 5|
|Tenure||99 year leasehold|
|No. of Blocks||TBA|
|No. of Units||550 units|
|Site Area||16,623.7 sqm|
Lumina Grand Unit Types
|3bedroom + Study|
|4bedroom Deluxe + Flexi|
|4bedroom Premium Flexi|
|5 bedroom Premium + Flexi|
Highlights of Lumina Grand Executive Condominium
Here are some reasons why you should consider getting Lumina Grand EC.
- ECs are generally priced lower than private condominiums, thanks to government subsidies. This makes them an affordable housing option for the “sandwich class” – individuals and families who earn too much for public housing (HDB flats) but not enough to comfortably afford private condos.
- Available government subsidies for 1st timer buyers of Lumina Grand. These subsidies are up to $30,000 can help reduce the cost of the property.
- High potential of capital appreciation.
- Amenities and Facilities comparable to those in private condominiums. These include swimming pools, fitness centers, playgrounds, BBQ areas, and more, enhancing the quality of life for residents.
- Lumina Grand is strategically located near public transportation hubs, schools, shopping centers, and other essential services.
- After the minimum occupation period (MOP) of 5 years, owners have the option to sell their units to Singaporean citizens or permanent residents. After 10 years, they can also sell to foreigners. This flexibility provides homeowners with various options for the future.
- Once the MOP is met, EC owners have the option to rent out their units. This can provide a source of rental income, making it a practical investment property.
Lumina Grand price will be updated in due course.
The executive condominium plot for Lumina Grand was awarded to CDL on September 2022 at the price of $336million. Based on the agreement, the successful tenderer for the plot are also to propose for amenities and facilities which includes a 1.5metre foot path and a 2metre wide cycling path as well as bus bays and shelters.
Are you interested in this new launch?
Register your interest with us for Lumina Grand EC to be updated on the the floorplans, brochure and be invited to the VIP preview before it is even open for the public.