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Solano Grand Expected Launch Price: What Past EC Launches Suggest

CDL has not released Solano Grand's prices. Two rough gauges from the last four EC launches, what a home would cost at $1,800 to $2,000 psf, and what Blossom Residences, The Myst, The Arden and Hillion Residences tell a Bukit Panjang buyer.

Published
21 Oct 2026
Last fact-checked
21 Oct 2026
Data period
Jan 2011 – Sept 2026
Reading time
6 min

Filed underDistrict 23New launchPrices and transactions

What could Solano Grand's launch price be?

Solano Grand's prices are not out. Two rough gauges from the last four EC launches put its average at about $1,870 psf if its land price keeps the same ratio to the launch price, or about $1,810 psf if the launch price keeps the same dollar gap above land. They are not CDL's prices, and the actual average could be higher than both. At $1,800 to $2,000 psf, a hypothetical 1,000 sq ft home would cost $1.8 million to $2.0 million.

Key takeaways

  • Rough gauges: about $1,870 psf (same land-to-launch ratio) and about $1,810 psf (same dollar gap), from CDL's land price of $771 psf ppr and the last four EC launches. Not CDL's price.
  • The actual average could be above both gauges; plan a budget for $2,000 psf as well.
  • Blossom Residences, Bukit Panjang's earlier EC, started only 3.3% below an older private condo nearby in 2011 and its median rose 79.3% by 2025, but it was 36.7% below the selected private developer-sale benchmark elsewhere in Bukit Panjang.
  • For homes of about three-bedroom size, The Myst's sales had a median of $2,010 psf and The Arden's $1,803: past developer sales, not prices of homes on offer now.
  • CDL lists Solano Grand at about 300 homes, aiming to launch in the first quarter of 2027.

Data snapshot

CalculatedGauge, same land-to-launch ratio (Method B)
about $1,870 psf
Average; not CDL's price
CalculatedGauge, same dollar gap (Method A)
about $1,810 psf
Average; not CDL's price
Official figureLand price
$771 psf ppr
CDL's winning bid, $252.9 million, Aug 2025
Official figureHomes
about 300
CDL Homes, estimated
CalculatedThe Myst, three-bedroom size
$2,010 psf
Median of 95 sales of 90 to 109 sq m, Jul 2023 – Aug 2026

Land price and launch average of the last four EC launches

Land is per square foot of permitted floor area; launch averages per square foot of the homes sold

Land: price per square foot per plot ratio (HDB). Launch: average price per square foot over the launch weekend, as reported. · $ per sq ft · Launched Mar 2025 – Mar 2026

  • Land, psf ppr
  • Launch average, psf
05001,0001,5002,000Aurelle of TampinesOtto PlaceCoastal CabanaRivelle TampinesEC

Land and launch average, psf: Aurelle of Tampines $721 and $1,766; Otto Place $701 and $1,700; Coastal Cabana $729 and $1,734; Rivelle Tampines $768 and $1,893.

Source: Executive Condominium sites sold (as at 26 September 2025) (Housing & Development Board), Land sold 2022 – 2024. Extracted 21 Oct 2026.

Show the data as a table
Land price and launch average of the last four EC launches: data table
ECLand, psf pprLaunch average, psf
Aurelle of Tampines$721 per sq ft$1,766 per sq ft
Otto Place$701 per sq ft$1,700 per sq ft
Coastal Cabana$729 per sq ft$1,734 per sq ft
Rivelle Tampines$768 per sq ft$1,893 per sq ft

Evidence

What the data shows

What is known so far

Solano Grand is CDL's executive condominium at Senja Close in Bukit Panjang, about 300 homes on a 99-year lease according to CDL's listing. CDL won the land in August 2025 with a bid of $252.9 million, or $771 psf per plot ratio, and said in its August 2026 results that it was aiming to launch in the first quarter of 2027. No price, floor plan or payment scheme has been released. For the location and the rules, see Solano Grand for first-time EC buyers and the Senja Close guide for Bukit Panjang HDB owners. Property Elites Clique, James's team, keeps a Solano Grand project page with the project's details.

Two rough gauges from past EC launches

The nearest evidence for a launch price is what recent ECs launched at, against what their developers paid for the land:

The last four EC launches: land price and launch average
EC (launched)Land, psf pprLaunch average, psfLaunch minus landLand ÷ launch
Aurelle of Tampines (Mar 2025)$721$1,766$1,04540.8%
Otto Place (Jul 2025, normal payment scheme)$701$1,700$99941.2%
Coastal Cabana (Jan 2026)$729$1,734$1,00542.0%
Rivelle Tampines (Mar 2026)$768$1,893$1,12540.6%
Average of the four$1,043.541.17%

Source: Executive Condominium sites sold (as at 26 September 2025) (Housing & Development Board), Land sold 2022 – 2024. Extracted 21 Oct 2026.

Land is priced per square foot of the floor area allowed on the site (psf ppr); a launch average is per square foot of the homes sold. The two are measured on different floor areas, so the last two columns compare prices; they are not the developer's costs or margin.

Two simple ways of carrying that pattern over to Solano Grand's land price give two gauges:

Solano Grand: two rough gauges from those four launches
Method A: same dollar gap$771 land + $1,043.5 (the four launches' average gap)about $1,810
Method B: same ratio$771 land ÷ 41.17% (the four launches' average ratio)about $1,870

Source: Executive Condominium sites sold (as at 26 September 2025) (Housing & Development Board), Land sold 2022 – 2025. Extracted 21 Oct 2026.

Rough project-level gauges, not CDL's prices, a valuation or a forecast with a known error. Solano Grand's land: $771 psf ppr in HDB's list of EC sites sold. Actual prices could be above both gauges.

Method B, the same ratio, gives about $1,870 psf; Method A, the same dollar gap, gives about $1,810. These are patterns between two prices measured on different floor areas, in four projects with different locations, sizes, payment schemes and launch dates. They are not CDL's costs or margin, not a valuation, and not a forecast with a known error. Solano Grand's small size and its LRT location are not in them.

Could it come in higher?

Yes. Gauges of this kind have come in below actual launch prices before, and nothing stops CDL pricing above both: demand at launch, the units offered first and the payment scheme all move the average. Rivelle Tampines, on land of $768 psf ppr, launched at $1,893. A budget should also be tested at $2,000 psf.

What a home would cost

Solano Grand: what a home would cost at three prices per square foot
Price psf (illustrative)1,000 sq ft home (hypothetical size)1,100 sq ft home (hypothetical size)
$1,800$1,800,000$1,980,000
$1,900$1,900,000$2,090,000
$2,000$2,000,000$2,200,000

Source: Upcoming Launches (CDL Homes (City Developments Limited)), Read 21 Oct 2026. Extracted 21 Oct 2026.

Illustrative prices and hypothetical sizes, not Solano Grand's prices or released layouts. Before stamp duty, legal fees and the loan's costs.

The sizes are hypothetical: CDL has not released Solano Grand's layouts. Use your own target size once the floor plans are out, and work from the total price, which is what the loan, the cash and the CPF are measured against.

What Blossom Residences shows

Blossom Residences on Segar Road, also by CDL, is Bukit Panjang's earlier test of an EC priced close to older private homes. Its 2011 median of $704 psf was only 3.3% below Maysprings' $728. By 2025 its median was $1,262, up 79.3%, against 61.4% at Maysprings. But Blossom was also 36.7% below Foresque Residences, the selected private developer-sale benchmark elsewhere in Bukit Panjang, whose developer sales had a median of $1,113 that year. By 2025 that gap had narrowed to about 21%: Blossom's $1,262 against Foresque's $1,595. It narrowed partly, and Blossom stayed cheaper.

So Blossom shows that a new EC bought close to an older condo's price could still do well. It does not show that an EC priced close to a new private launch will. Its 2011 median was less than 40% of the gauges for Solano Grand, and the market rose strongly in between.

The private homes around it

Three private developments nearby are the obvious comparisons, and each is a different kind of home. URA's records give sizes, not bedrooms, so the table counts homes of 90 to 109 sq m, the usual size of a three-bedroom unit.

Homes of 90 to 109 sq m (typical three-bedroom size) near Solano Grand, in URA's records
The Myst, Upper Bukit Timah RoadPrivate; 99-year lease from 202395 sales, Jul 2023 – Aug 2026, almost all from the developer$2,010$2,197,0001,066 sq ft
The Arden, Phoenix RoadPrivate; 99-year lease from 2023; 105 homes27 developer sales, Aug 2023 – Nov 2025$1,803$1,901,0001,109 sq ft
Hillion Residences, Jelebu RoadPrivate; 99-year lease from 2013; above Hillion Mall6 resales, Jan 2022 – Jul 2026$1,754$2,039,0001,163 sq ft
Blossom Residences, Segar RoadEC; 99-year lease from 201128 resales, Jan 2025 – Dec 2025$1,249$1,263,9441,055 sq ft

Source: URA Data Service: private residential property transactions (Urban Redevelopment Authority), Oct 2021 – Sep 2026. Extracted 21 Oct 2026.

Past sales, not prices of homes on offer now: The Myst's and The Arden's figures are developer sales from their launches onward, and URA records no Arden developer sale after November 2025. Floors, stacks and layouts are not matched. Each row has its own period.

The Myst, on Upper Bukit Timah Road near Cashew station on the Downtown Line, is a new private launch whose lease began in 2023, two years before Solano Grand's land was sold. Its homes of three-bedroom size sold at a median of $2,010 psf. The Arden, on Phoenix Road, is a small project of 105 homes; URA records 105 developer sales, the last in November 2025, so its $1,803 median is from sales of 2023 to 2025, not a price on offer now. Hillion Residences sits above Hillion Mall, beside the Bukit Panjang MRT and LRT stations. 89 of its 148 resales since October 2021 were homes under 50 sq m, so its overall median describes small flats; only 6 were of three-bedroom size.

Against The Myst's median, prices of $1,800, $1,900 and $2,000 psf would be 10.4%, 5.5% and 0.5% below. Floors, stacks and layouts are not matched, and The Myst's figure is from sales since 2023. Solano Grand is served by the Bukit Panjang LRT, not an MRT station next door; an LRT address should not be assumed to price like one beside an MRT interchange.

Analysis · opinion

James's interpretation

I use these two gauges as a starting point for a buyer's budget, not as a price. If CDL launches near $1,810 to $1,870 psf, the question I'd ask is how that compares with The Myst's units of the same size and floor, and with completed homes nearby, on total price.

Blossom's history is encouraging for Bukit Panjang, but Solano Grand starts from a much higher price, close to new private homes rather than far below them. The smaller the gap to The Myst, the more any gain depends on the market rather than the entry price.

What it may mean for buyers

Check you can buy before the preview: who can buy a new EC. First-time buyers can work through what to prepare for Solano Grand.

Own an HDB flat in Bukit Panjang? See the Senja Close guide for HDB owners and buying an EC before selling your HDB flat.

When the price list is out, compare each shortlisted unit's total price with The Myst's units of the same size and floor, and with completed homes nearby. For the wider history of EC prices, see are ECs still profitable at higher launch prices? The same method for Woodlands is in Wynwood Grand's expected launch price.

Useful next

  • New EC purchase calculator

    Enter a price to see the loan the rules and your income allow, what is due in the first 8 weeks, and the payments under the normal or deferred scheme.

Limitations

Land is priced on permitted gross floor area and homes on the strata area sold, and how floor area is counted has changed over time (URA's harmonised definitions apply to government land sale sites launched for sale on or after 1 September 2022 and to development applications on or after 1 June 2023). A ratio between the two is a pricing pattern, not a cost.

Four launches are a small sample. Gauges of this kind have come in below actual launch prices before, and the actual prices could be above both gauges.

Historical figures are whole-project annual medians from PropertyLimBrothers' tables, not matched units, and the unit mix changes from year to year. The 2025 medians were checked against URA's records; entry-year medians from 2011 and 2015 are before the URA records used here begin and were not rechecked.

Past developer sales describe the homes that were sold, at the time they were sold; they are not the prices or the choice of homes on offer now.

Methodology

The two gauges use the four most recent EC launches with land prices in HDB's list: Aurelle of Tampines, Otto Place, Coastal Cabana, Rivelle Tampines. Method A adds their average gap between launch average and land price ($1,043.5) to the new site's land price. Method B divides the new site's land price by the average of their four land-to-launch ratios (41.17%). Results are rounded to the nearest $10.

These are relationships between two prices measured on different floor areas, found in four selected projects with different locations, sizes, payment schemes and launch dates. They are not the developer's costs, revenue shares or margins, and the sample is too small for a statistical range. No trend is projected forward.

The nearby developments' figures are medians of URA's single-unit sale records of 90 to 109 sq m, each over the period shown; Blossom's history uses the same annual medians as the general article.

Gauge
A rough figure worked out from past launches, used to frame a budget. It is not the developer's price, a valuation or a forecast with a known margin of error.
psf ppr
Land price per square foot of the floor area allowed on the site (per plot ratio): what the developer paid for the land divided by the floor area it may build.
Launch average
The average price per square foot of the homes sold over a project's launch weekend, as the developer or its agents reported it.
Minimum occupation period (MOP)
The time an EC owner must live in the home before selling it: five years from the temporary occupation permit (TOP) for these projects, not from the day the unit is booked.

How all research on this site is built

Sources

  1. 1.
    Upcoming Launches

    CDL Homes (City Developments Limited) · Period: Read 21 Oct 2026 (page modified 18 Sep 2026) · Extracted 21 Oct 2026

    Solano Grand, Senja Close, EC, 300 estimated units, 99 years.

  2. 2.
    CDL property development revenue jumps in 1H2026 on Lumina Grand EC; to launch Lucerne Grand in October

    EdgeProp Singapore · Period: Published 13 Aug 2026 · Extracted 21 Oct 2026

    Target launch 1Q 2027.

  3. 3.
    1H 2026 Results Presentation

    City Developments Limited · Period: Presented 13 Aug 2026 · Extracted 21 Oct 2026

    Targeted launch Q1 2027.

  4. 4.
    Operational update for the quarter ended 31 March 2026

    City Developments Limited (SGX announcement) · Period: Re-opened 21 Oct 2026 · Extracted 21 Oct 2026

    Both EC projects anticipated to launch in Q1 2027.

  5. 5.
    Provisional Tender Results for 2 Executive Condominium Housing Development Sites at Senja Close and Woodlands Drive 17

    Housing & Development Board · Period: Published 5 Aug 2025 · Extracted 21 Oct 2026

    Senja Close: top bid $252,899,000, CDL Constellation Pte. Ltd.

  6. 6.
    Executive Condominium sites sold (as at 26 September 2025)

    Housing & Development Board · Period: Land sold 2022 – 2025 · Extracted 21 Oct 2026

    Senja Close $770.9 psf ppr; the four launches' land prices.

  7. 7.
    Sim Lian's Aurelle of Tampines EC 90% sold at an average price of $1,766 psf

    EdgeProp Singapore · Period: Mar 2025 · Extracted 21 Oct 2026

    Launch average $1,766 psf.

  8. 8.
    Brisk sales at Otto Place EC, with Hoi Hup-Sunway selling 58.5% of units at an average of $1,700 psf

    EdgeProp Singapore · Period: Jul 2025 · Extracted 21 Oct 2026

    Launch average $1,700 psf.

  9. 9.
    Coastal Cabana EC moves 67% of units at average price of $1,734 psf on launch weekend

    EdgeProp Singapore · Period: Jan 2026 · Extracted 21 Oct 2026

    Launch average $1,734 psf.

  10. 10.
    Rivelle Tampines 92.5% sold at an average of $1,893 psf over launch weekend

    EdgeProp Singapore · Period: Mar 2026 · Extracted 21 Oct 2026

    Launch average $1,893 psf.

  11. 11.
    URA Data Service: private residential property transactions

    Urban Redevelopment Authority · Period: Oct 2021 – Sep 2026 · Extracted 21 Oct 2026

    The Myst, The Arden, Hillion Residences and Blossom Residences: single-unit sales of 90 to 109 sq m; Blossom's 2025 median.

  12. 12.
    Condo project pages: annual median prices

    PropertyLimBrothers · Period: 2011 – 2025 · Extracted 21 Oct 2026

    Annual median psf per project. 2025 medians checked against URA's records on 21 Oct 2026: all within $2 except Foresque Residences ($1,595 here, $1,608 in URA's records).

  13. 13.
    Conditions After Buying an Executive Condominium

    Housing & Development Board · Period: Read 21 Oct 2026 · Extracted 21 Oct 2026

    MOP of five years from TOP for these tenders.

General information only, not financial, legal or tax advice. Figures reflect the data period shown and may since have changed; your own circumstances will differ. Full disclaimer.

New launch · Singapore

Are ECs Still Profitable at Higher Launch Prices?

Small discount, large gain: The Vales entered 9.2% below Compass Heights in 2015 and its median rose 107.0% by 2025; Compass Heights rose 53.6%.

Data: Jan 2011 – Sept 2026Published 21 Oct 2026

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