Hudson Place Residences is the next new launch in District 5 — and it enters the most crowded new launch market in Singapore right now.
The Basics
Located in the one-north tech hub near Buona Vista, Hudson Place is a 327-unit development by Qingjian Realty and Forsea Holdings across two blocks (23 and 15 storeys). The showflat opened May 1 and drew over 3,500 visitors over the May Day long weekend. Sales launch (booking day) is May 16, 2026.
The site sits on Media Circle, about 600 metres from one-north MRT on the Circle Line. Notably, this is NOT a doorstep-MRT project — the walk to one-north MRT is roughly 8 minutes, and to Buona Vista interchange roughly 15 minutes. The developer is offering a one-year free shuttle bus to one-north and Buona Vista MRT after TOP.
Land Cost: The Real Story
The consortium paid $315 million for the site — $1,037 PSF per plot ratio. Only three developers bid, which is unusually low competition. The 5.7% gap between the top bid and runner-up suggests moderate confidence, not aggressive bidding.
Here's where it gets interesting: the same consortium (with Forsea and Qingjian) just won the Dover Drive GLS site in March 2026 at $1,556 PSF PPR — that's 50% higher than Hudson Place's land cost. If the Dover project launches at $2,800+ PSF (as the land cost implies), Hudson Place buyers at $2,200 PSF are entering at a significantly lower benchmark in the same precinct.
Prices start from above $2,200 PSF, with starting quantum from $1.4 million for a 2-bedroom. Compare this to Elta's $2,537 PSF and The Hill @ One-North's $2,595 PSF. Hudson Place is positioned as the most affordably priced new launch currently available in D5.
The Supply Wall Problem
Here's where it gets complicated. District 5 currently has approximately 651 unsold new launch units spread across six projects. That includes Bloomsbury Residences (now 85% sold — up from 63% at our last check), Terra Hill (49% unsold), and The Hill @ One-North (37% unsold). Adding Hudson Place's 327 units pushes the total past 950 unsold units in a single district.
Two more GLS sites near Buona Vista are in the tender pipeline, which could add another 300-400 units within 18 months.
For buyers, this is actually good news — supply pressure keeps pricing competitive. For the developer, it means Hudson Place needs to offer a genuine value proposition to stand out from existing options in the same district.
Developer Track Record
Qingjian Realty is the same developer behind Bloomsbury Residences (85% sold in one year), Coastal Cabana (the bestselling EC of 2026), and has a strong appreciation track record: Sky Everton (+42.9%), Sturdee Residences (+40.2%), One Meyer (+21.0%). Four out of five recent Qingjian projects are trading above their launch prices.
This is a meaningful advantage — you can inspect completed Qingjian projects to assess build quality before committing.
The Location Trade-offs
One-north is Singapore's science and technology hub, home to Fusionopolis, Biopolis, and the upcoming Kampong AI district. It's well-connected with Circle Line access and proximity to the Buona Vista interchange.
The positives: 62,000 working professionals in one-north with only 5,545 residential units — genuine supply-demand imbalance for rentals. Strong rental yield potential for investors.
The gaps: No primary school confirmed within 1km for priority admission. The nearest is Fairfield Methodist Primary at 1.7km (though some agent sites claim New Town Primary is within 1km — this is unverified). For families with primary-school-age children, this is a significant drawback.
Noise warning: Units facing the Ayer Rajah Expressway will have permanent traffic noise. Check the site plan carefully and ask which stacks face AYE before committing.
What We'll Be Watching at Launch
When Hudson Place launches on May 16, we'll score it using our Deal Score methodology. The key questions:
Value: At $2,200+ PSF, it sits below Elta ($2,537) and The Hill ($2,595). Is the lower pricing enough to overcome the MRT distance disadvantage?
Take-up rate: Bloomsbury Residences sold 25% on launch day and has since climbed to 85%. What does Hudson Place achieve on day one?
Supply risk: With 651 unsold units already in D5, absorption speed matters. If take-up is sluggish, it signals D5 fatigue.
Deal Score coming after launch. Follow us on Telegram to get notified.
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