Lumina Grand CDL‘s acquisition of the Bukit Batok West Avenue 5 site for their highly anticipated Lumina Grand EC is truly an impressive move to further solidify their presence in the property market. The move was especially interesting since CDL had already purchased the Tengah Garden Walk EC development back in June 2020, for an unprecedented rate of $603 Marina Gardens Condo psf ppr. The Copen Grand will be launching in the fourth quarter of this year at that location as well.
CDL’s bid for Lumina Grand EC in Bukit Batok West Avenue 5 appears to be a strategic move to reinforce its market dominance. This is particularly interesting, given the fact that CDL had acquired the Tengah Garden Walk EC site in June last year, for a rate of $603 psf ppr. The Copen Grand is reportedly set to launch in the fourth quarter of this year at …