CDL's Executive Condo Track Record: What Copen Grand and Lumina Grand Signal for Wynwood Grand EC

Wynwood Grand EC is still early — unit sizes, exact pricing and the storey count are all marked TBA in official channels. When the hard numbers aren't out yet, the most reliable proxy for what to expect is the developer's own recent track record. City Developments Limited (CDL) has launched two other Executive Condominiums in the last four years, and both left a detailed public paper trail: launch-day take-up, pricing bands, buyer profile and construction quality awards. This is a look at what those two launches actually did, and what that history is worth to a Wynwood Grand EC buyer weighing an early registration against waiting for the official launch.

Why developer track record matters more than usual for an EC

Executive Condominiums carry a longer commitment than a private condo purchase: a 5-year Minimum Occupation Period before resale, and a 10-year mark before the unit can be sold to foreigners or PRs at full private-condo status. Buyers are underwriting the developer's build quality and after-sales delivery for a decade, not just the 3-4 years to TOP. For a launch like Wynwood Grand EC where the price list, floor plans and total storeys are still TBA, the developer's last two EC launches are the closest thing to a preview available today.

Copen Grand (Tengah) — CDL's first EC in the current cycle

Copen Grand, developed by CDL together with MCL Land, launched on 22 October 2022 as Tengah Town's first Executive Condominium and the first EC to be part of Singapore's smart, sustainable Tengah precinct. The numbers from that launch:

• 639 total units, with 465 units (a 73% take-up rate) sold on launch day alone
• Average launch price of roughly S
  ,300 per square foot
• All 4-bedroom deluxe units sold out on launch day
• Around 20,700 visitors passed through the sales gallery during the e-application period that opened on 7 October 2022
• Awarded the first BCA Green Mark Platinum Super Low Energy certification given to an Executive Condominium in Singapore

Copen Grand is a useful data point specifically because, like Wynwood Grand EC, it opened in a growth corridor with new MRT infrastructure still being built out around it (Tengah's own rail and town-centre plans were still maturing at launch) rather than an already-established, fully-built-up estate.

Lumina Grand (Bukit Batok) — CDL's most recent EC before Wynwood Grand

Lumina Grand EC, developed under CDL Zenith Pte. Ltd., launched on 27-28 January 2024 in Bukit Batok. Its numbers:

• 512 total units, with 269 units (53%) sold across the launch weekend
• Average price after the developer's early-bird discount: S
  ,464 per square foot
• Indicative unit pricing at launch: 3-Bedroom from S
  .338M, 3-Bedroom Premium from S

  .388M, 4-Bedroom from S

  .628M, 5-Bedroom from S$2.098M
• Around 80% of buyers opted into the Deferred Payment Scheme, where units are priced roughly 3% higher in exchange for delaying most of the payment to a later stage
• A second wave of sales lifted total take-up to 69%, with second-time (upgrader) buyers making up a notable share of that second round

The psf jump between Copen Grand (2022, ~S