Solano Grand EC Price Guide — What the Land Bid Tells Us About Expected Pricing
With CDL yet to announce official pricing for Solano Grand EC, prospective buyers are left estimating where the launch price per square foot might land. This guide works through the publicly available data — the confirmed land tender price, CDL's own EC pricing track record, comparable EC launches across Singapore, and the Bukit Panjang resale context — to frame a realistic range. No figure here is confirmed or guaranteed; treat every projection as indicative until CDL releases the official price list.
The Senja Close Land Bid — S$771 psf ppr
City Developments Limited secured the Senja Close executive condominium site in Bukit Panjang with a top bid of approximately S$252.9 million, equivalent to about S$771 per square foot per plot ratio (psf ppr). The tender attracted five bids — a healthy level of developer interest — with CDL's offer sitting 6.3 per cent above the next-highest bidder, TID Residential. That margin signals CDL saw enough upside in the site to pay a clear premium, but the bid was not an outlier for 2025–2026 EC land pricing.
Land cost is the single largest input in a new-launch EC's selling price. Developers then layer on construction costs, financing, marketing and a profit margin. In recent years, the ratio between land cost (psf ppr) and average launch price (psf) for ECs has ranged from roughly 2.0 to 2.5 times, depending on construction inflation, unit mix and location premiums. Applying that range to the S$771 psf ppr figure gives a raw bracket of about S
CDL's EC Pricing Track Record
CDL has launched two executive condominiums in recent years, and both set new pricing benchmarks at their respective launches. Tracking the trajectory is instructive.
| Project | Location | Launch Year | Land Bid (psf ppr) | Avg Launch Price (psf) | Units Sold on Launch |
|---|---|---|---|---|---|
| Copen Grand | Tengah | 2022 | ~S$603 | ~S ,300 | 465 on launch day |
| Lumina Grand | Bukit Batok | Jan 2024 | ~S$610 | ~S ,464 | 269 on launch weekend (53%) |
| Solano Grand | Bukit Panjang | Est. Q4 2026 | S$771 | TBA | — |
Copen Grand was CDL's return to the EC segment after a long hiatus, and it cleared 465 of its 639 units on launch day at about S
Comparable EC Launches — Where the Market Sits
Executive condominium pricing in Singapore has moved sharply over the past four years. Here is how recent launches compare, ordered by launch date.
| EC Project | Location | Launch Year | Avg Launch PSF |
|---|---|---|---|
| Parc Greenwich | Fernvale Lane | 2020 | ~S ,080 |
| North Gaia | Yishun | Apr 2022 | ~S ,250–1,280 |
| Copen Grand (CDL) | Tengah | Oct 2022 | ~S ,300 |
| Altura | Bukit Batok | Aug 2023 | ~S ,433 |
| Lumina Grand (CDL) | Bukit Batok | Jan 2024 | ~S ,464 |
| Parc Central Residences | Tampines | 2025 | ~S ,680–1,746 |
| Rivelle (Sim Lian) | Tampines St 95 | Apr 2026 | ~S ,893 |
The pattern is unmistakable: each successive EC launch has breached the previous ceiling. Most recently, Rivelle by Sim Lian sold 92.5 per cent of its 572 units on launch weekend at an average of S
The Bukit Panjang context matters. Altura and Lumina Grand were both in the Bukit Batok corridor (a neighbouring western-region estate), launched at S
Analyst Projections
Property consultants have already weighed in on the Senja Close EC site's expected pricing. Based on the S$771 psf ppr land cost, analysts from ERA Singapore estimated that the project could carry an average selling price above S
These projections are not guarantees. Developers adjust pricing based on market sentiment at the time of launch, competitive supply, and the government's prevailing property cooling measures. CDL could launch at the lower end if it wants to secure a strong sell-through rate on launch weekend (a strategy it executed successfully at both Copen Grand and Lumina Grand), or push higher if pre-registration demand is exceptionally strong.
What This Means in Dollar Terms
For buyers trying to budget, a PSF range of S
| Unit Type | Est. Size (sqft) | At S ,700 psf | At S ,900 psf |
|---|---|---|---|
| 3-Bedroom | ~900–1,000 | ~S .53M–1.70M | ~S .71M–1.90M |
| 3-Bedroom Premium | ~1,050–1,150 | ~S .79M–1.96M | ~S$2.00M–2.19M |
| 4-Bedroom | ~1,200–1,350 | ~S$2.04M–2.30M | ~S$2.28M–2.57M |
| 5-Bedroom | ~1,400–1,500 | ~S$2.38M–2.55M | ~S$2.66M–2.85M |
These size estimates are indicative — CDL has not released confirmed floor plans — and are based on the typical range seen in recent 300-unit EC developments. Actual unit sizes and prices will be confirmed at launch. Use the mortgage calculator on this site to model repayments once official pricing is available.
EC Affordability — the MSR Constraint
Unlike private condominiums, EC purchases are subject to the Mortgage Servicing Ratio (MSR) cap of 30 per cent of gross monthly household income. For a household at the prevailing income ceiling of S
At the projected S
Eligible buyers may also tap the CPF Housing Grant of up to S$30,000 (Family Grant for first-timer families), which offsets a portion of the purchase price. Check the stamp duty calculator on this site to estimate the Buyer's Stamp Duty payable on your expected price quantum.
The Bukit Panjang Resale Context
One reason ECs in mature estates command premium pricing is the resale comparison. Existing condominiums in the Bukit Panjang and Upper Bukit Timah area — including older privatised ECs like The Quintet, Wandervale, and Twin Fountains — have seen resale transactions in the S
The key differentiator is the EC privatisation pathway. After the five-year Minimum Occupation Period, the unit can be resold to Singaporeans and PRs; after ten years it fully privatises and is open to all buyers, including foreigners. This built-in value trajectory is the reason EC buyers accept a new-launch premium — the asset class has historically delivered stronger capital appreciation than same-vintage private condominiums in comparable locations.
When Will Pricing Be Confirmed
CDL won the Senja Close tender in mid-2025. Factoring in the standard 15-month wait-out period that applies to government land sales, the earliest the project can launch for sale is around November 2026, with most market watchers expecting a Q4 2026 or early 2027 launch. CDL has not yet announced a showflat opening date, preview schedule, or pricing.
Register your interest on this site and we will send you the confirmed price list, e-brochure, and floor plans the moment CDL makes them available — along with a personalised unit availability update and EC eligibility assessment for your household.
Key Takeaways
- CDL's land bid of S$771 psf ppr for Senja Close is the primary cost input driving Solano Grand's expected pricing.
- Analyst projections centre on an average launch price above S,800 psf, with a range of roughly S,700 to S$2,000 psf depending on market conditions at launch.
- CDL's two most recent ECs — Copen Grand and Lumina Grand — both set new pricing records and sold strongly on launch weekend, suggesting CDL will price for momentum.
- At these projected levels, a 3-bedroom unit is estimated at S
.5M to S.9M — well within reach for dual-income households qualifying under the EC income ceiling, especially with the progressive payment scheme and CPF Housing Grant.- Official pricing, floor plans and showflat dates are expected in Q4 2026 at the earliest. Register early for priority access.
Sources: EdgeProp — CDL submits top bid of $771 psf ppr for Senja Close EC site · ERA Singapore — Commentary on Senja Close EC Tender · PropertyLimBrothers — CDL EC Land Bid Expected Launch Prices · CDL Newsroom — Lumina Grand Launch · CDL Newsroom — Copen Grand Launch · EdgeProp — North Gaia pricing benchmark · EdgeProp — Rivelle Tampines 92.5% sold at S,893 psfGet Solano Grand Updates First
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