PRICING & ELIGIBILITY
Wynwood Grand EC Price Guide & Indicative Pricing
Comprehensive price analysis for Wynwood Grand EC at Woodlands Drive 17 (Woodlands Drive 17 EC). Explore indicative developer launch prices, historical tender rates (S$782 psf ppr) for these 440 units by CDL, and compare with the adjacent CDL Sim Lian EC enclave under pre-revision 5-year MOP rules.
~S$1,750 – 2,000psf
Indicative · TBCpsf (analyst-indicative, TBC)
S$782 psf ppr
Land cost — HDB tender, Aug 2025
avg S$1,900–2,000 psf
Knight Frank: launch above S$1,800
S$1,750–1,850 psf
Newmark forecast range
Scenario maths, not developer guidance
Sources: HDB final tender results; analyst forecasts as reported by SBR/EdgeProp. Indicative only.
PROOF OF VALUE
How recent ECs launched — and sold.
| Project | Launch | Units | Avg psf | Launch-weekend take-up |
|---|---|---|---|---|
| North Gaia (Yishun) | Apr 2022 | 616 | ~$1,302 | Slow start; since sold out |
| Copen Grand (Tengah) — CDL | Oct 2022 | 639 | ~$1,337 | Sold out |
| Tenet (Tampines) | Dec 2022 | 618 | ~$1,384 | Sold out |
| Altura (Bukit Batok) | Aug 2023 | 360 | ~$1,475 | Sold |
| Lumina Grand (Bukit Batok) — CDL | Jan 2024 | 512 | $1,464 | 53% wkd; since sold out |
| Novo Place (Tengah) | Nov 2024 | 504 | $1,654 | 57% day one |
| Aurelle of Tampines | Mar 2025 | 760 | $1,766 | 90% wkd; 100% in a month |
| Otto Place (Tengah) | Jul 2025 | 600 | $1,700 | 58.5% day one |
| Coastal Cabana (Pasir Ris) | Jan 2026 | 748 | $1,734 | 66.6% wkd |
| Rivelle Tampines | Mar 2026 | 572 | $1,893 | 92.5% wkd; 100% in a month |
~$1,735psf
Islandwide new EC avg psf (2025)
~$2,599psf
New 99-yr private condo avg psf
The EC–private gap: roughly $864 psf before Wynwood Grand’s privatisation upside even begins.
PRE-REVISION 5-YEAR MOP ADVANTAGE
The 5-year MOP window, in three dates.
01
August 2025: the tender.
CDL Divine Pte. Ltd. won this site for S$360.9 million — S$782.41 psf ppr, a record EC land rate at the time — beating Sim Lian’s second bid by just 0.17%.
02
8 May 2026: the rules change.
EC sites tendered from this date get 10-year MOP, 15-year privatisation, a 90% first-timer quota and no Deferred Payment Scheme. Wynwood Grand’s tender closed before the cut-off — it keeps the old, more flexible rules.
03
One of only five.
Islandwide, only five awarded EC sites retain the old rules: Senja Close, Woodlands Drive 17 Plots 1 & 2, Sembawang Road and Miltonia Close. Wynwood Grand is CDL’s Plot 1 at Woodlands Drive 17.
Note: Sim Lian’s adjacent Plot 2 (~560 units, $794 psf ppr, est. 2027) is a separate future project — also old-rules, but not Wynwood Grand.
ELIGIBILITY — PRE-REVISION RULES
Who can buy Wynwood Grand?
| Criteria | Wynwood Grand rule |
|---|---|
| Citizenship | ≥1 Singapore Citizen forming a family nucleus (or 2+ SC singles aged 35+ under Joint Singles) |
| Income ceiling | S$16,000/month combined gross household income (NOT the new $18,000 — that applies to sites tendered from 24 Aug 2026) |
| Property ownership | No private residential property owned or disposed of in the 30 months before application |
| First/second-timer quota | 70% first-timer / 30% second-timer at launch (~132 second-timer units est.); second-timers book from 1 month after launch |
| Resale levy | Payable by second-timers who previously bought subsidised housing (where applicable) |
| Financing | Bank loan only; MSR 30% of gross monthly income; no HDB loan for ECs |
| MOP / privatisation | 5 years MOP; sale to SC/PR after MOP; full privatisation at 10 years |
| DPS | Available (typically ~3% price premium; >50% of recent EC buyers chose DPS) |
| CPF grant | Up to S$30,000 for eligible first-timer households (income-tiered) |
Not sure if you qualify?
Our 40-second checker walks you through citizenship, income and property history — then our team confirms with HDB’s criteria, free.
CPF grants up to S$30,000. DPS available. 5-year MOP. The window is open — for now.
Q&A
Straight answers on price & eligibility.
Analysts project roughly S$1,750–2,000 psf. This is indicative only — CDL has not released official pricing.
No. Wynwood Grand remains under the S$16,000/month ceiling because its site was tendered before 24 Aug 2026.
Yes — 30% of launch units (~132 est.) are reserved for second-timers under the old quota, bookable from one month after launch. Resale levy may apply.
Yes, under the pre-revision rules — typically at a ~3% price premium. New-rule EC sites no longer offer DPS.
Eligible first-timer EC households can receive up to S$30,000, tiered by income.
EC buyers who own an HDB flat must dispose of it within 6 months of the EC’s TOP (standard EC rule); our team can plan your timeline.
Lock in old-rules flexibility.
Only five old-rule EC sites remain islandwide. Register for the VVIP Preview and get the indicative price list first.
Prefer to talk? Call or WhatsApp the Wynwood Grand Sales Team: +65 9062 5026