Qingjian venture markets Hudson Place Residences in one-north from over S$2,200 psf

[SINGAPORE] Qingjian Realty and Forsea Holdings will start previews for their one-north project Hudson Place Residences on Friday (May 1), with indicative prices starting at above S$1.4 million for two-bedroom units.The project comprises 327 units in two blocks, and a retail space spanning 400 square metres (sq m). The two blocks will have 23 and 15 storeys, respectively. Two-bedroom units, sized from 646 square feet (sq ft), will be priced from above S$1.4 million. Based on indicative prices, “entry-level per square foot prices are expected to start from above S$2,200 psf (per square foot)”, the developers said. Three-bedders, sized from 893 sq ft, are priced from over S$2 million. Four-bedroom units, sized from 1,152 sq ft, start at over S$2.7 million. There are five penthouses in the development, sized from 1,744 sq ft, representing about 1.5 per cent of the total units. Indicative pricing for these units has not been released.Two-bedders form about 56 per cent of the mix (183 units), followed by three-bedders at around 22 per cent (71 units) and four-bedroom units at about 21 per cent (68 units).Qingjian Realty and Forsea Holdings bought the 82,125 sq ft plot along Media Circle for S$315 million, or S$1,037 psf per plot ratio (ppr), in March 2025. Their winning bid was just a shade below the S$1,191 psf ppr they paid for a site across the road in January 2024, which is being developed into Bloomsbury Residences. The 358 unit project was launched in April 2025, and sold 25.1 per cent of its units at an average price of S$2,474 psf over its first weekend. To date, the project has sold about 85 per cent of its units. Data from URA Realis showed a median transacted price of S$2,511 psf.Hudson Place Residences is close to offices at the Fusionopolis, Biopolis and Mediapolis business parks, in the one-north precinct at Buona Vista. It is also near schools and the National University of Singapore, and retail offerings at Star Vista and One Holland Village. The one-north precinct is “undergoing significant transformation” and is “set to benefit from further public investment in the years ahead”, said the developers. The wider area is slated for more amenities and recreational spaces, as well as about 5,000 private homes. Qingjian and Forsea have already indicated they intend to defend their turf in the area, where the government plans to create a new residential neighbourhood in the Dover-Medway estate. Partnering with Jianan Capital, they acquired the first parcel released in the new estate for S$951 million, or about S$1,556 psf ppr. Zoned residential with commercial at the first storey, the 99-year leasehold site can generate about 625 private homes for the residential component. Market watchers had said the project to be launched on the site could see starting prices of between S$2,750 psf and S$3,100 psf.Hudson Place Residences will book sales from May 16.