Historical launch archive · Original report published 2023-04-09. Prepared retrospectively on 3 October 2026. Historical prices and infrastructure descriptions refer to the original announcement period, not current offers.
Reported sales outcome
CDL and MCL Land reported 340 homes sold out of Tembusu Grand’s 638 by 5pm on 9 April 2023. Bookings had begun on 8 April. The average achieved selling price was S$2,465 psf.
Reading the result
The exact take-up is approximately 53.3% of the development. This is an opening result, not a current stock count. The separate preview article contains the advertised starting prices available before bookings.
At a constant S$2,465 psf, a hypothetical 1,000 sq ft purchase implies S$2.465 million. Adding 100 sq ft would add S$246,500 at the same rate. These calculations show the importance of total area and quantum; they are not verified quotations for specific homes.
A buyer comparing East Coast launches should assess similarly sized homes at the same budget, with differences in tenure, layout and outlook stated plainly. A lower psf can coexist with a higher total commitment if the apartment is larger. Strong sales do not establish a future resale premium. For rental analysis, use achieved rents for comparable homes and include vacancy, maintenance and furnishing expenses.
