The 327-unit Hudson Place Residences sold 201 — or over 61% — of its units over its launch weekend on May 16-17.
Units at the 99-year leasehold residential development at Media Circle by Qingjian Realty, Forsea Holdings, CYZ Land and Jianan Capital transacted at an average price of $2,458 psf.
Demand at Hudson Place Residences was broad-based across all unit types, with a large proportion of buyers purchasing a unit for own-stay, according to the developers.
The 893 sq ft three-bedroom deluxe and 1,152 sq ft four-bedroom premium saw the strongest take-up, with 100% and over 88% of total available units transacted respectively on launch weekend.
One of the five penthouse units was also sold over the launch weekend.
See also: 327-unit Hudson Place Residences to preview from May 1 with prices from above $1.4 mil
Singaporeans and Permanent Residents accounted for around 99% of buyers. The development drew notable demand from the western corridor as well as established towns including Thomson, Punggol, and Sengkang. Buyers spanned a diverse profile, ranging from singles and young couples to families.
Hudson Place Residences comprises two residential towers of 23 and 15 storeys with a unit mix from two-bedroom layouts (from 646 sq ft) to four-bedroom layouts (from 1,152 sq ft), and a limited collection of five single-floor penthouses.
The development is expected to achieve vacant possession by 3Q2029.
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This is the developers’ second project in the precinct following the launch of Bloomsbury Residences in April 2025, which is now 88% sold. Together, the two developments form the residential core of an emerging Media Circle neighbourhood, anchored within the broader one-north innovation district and the established Queenstown planning area.
Du Dexiang, managing director of Qingjian Realty, says: “Hudson Place Residences was designed for buyers who value thoughtful layouts, quality finishings, and homes that carry a distinct sense of style. The weekend’s response reflects a new and growing pool of buyers who recognise the potential of this emerging precinct and the unique proposition of a home here. We are encouraged that this proposition has resonated with buyers from across Singapore, drawn to the development and what this evolving precinct has to offer.”
Wang Xin, director at Forsea Holdings, adds: “Media Circle is steadily maturing into a more complete neighbourhood, and we are honoured to be playing a strong hand in this transformation. On the back of Bloomsbury’s steady performances in its first year, Hudson Place now brings another 327 homes to a precinct that is becoming increasingly liveable. With continued public- and private-sector investment in the area, we see Hudson Place's launch as part of a longer arc of building this district.”
Hudson Place Residences enters the market with a “notable pricing advantage” supported by its relatively lower land cost, says Marcus Chu, CEO of ERA Singapore. The site was acquired for approximately $1,037 psf per plot ratio (psf ppr).
Hudson Place Residences enters the market at a time when buyers are becoming increasingly discerning, prioritising projects with strong underlying demand drivers, clear growth potential and a compelling entry price, adds Chu. “Developments within established innovation districts such as one-north stand out, as they are supported not only by lifestyle appeal but also by an expanding employment base that underpins long-term housing demand.”
With plans for up to 6,000 new homes in Dover-Medway under the Urban Redevelopment Authority’s Master Plan and ongoing enhancements to the innovation ecosystem, housing demand is expected to remain resilient, says Chu.
With limited supply of new homes in the Rest of Central Region (RCR) and potentially higher prices in the pipeline, sales of Hudson Place Residences should see steady momentum in the coming months, says Mark Yip, CEO, Huttons Asia.
Rentals in one-north are well-supported by the estimated 50,000 knowledge workers and can be up to 10% higher than homes in Dover, he adds.
Photos: Qingjian Realty
