Hudson Place Residences clears 196 units at launch weekend
Th 60% take-up rate is higher than neighbouring residences.
Strong demand was reflected in the take-up at Hudson Place Residences, which sold about 196 to 201 units, or just over 60% of its 327-unit launch weekend supply, according to property consultants.
Mark Yip, CEO, Huttons Asia, said 196 units were sold at launch, representing a 60% take-up rate, higher than neighbouring Bloomsbury Residences and reflected stronger buyer acceptance of the Media Circle precinct.
He added that pricing was broadly in line with Bloomsbury Residences’ launch levels.
Kelvin Fong, CEO of PropNex, said about 201 units were sold at an average price of $2,458 per square foot (psf), with most units priced below $2.5m. He said this supported demand from HDB upgraders and owner-occupiers.
Both consultants said the project is the second launch in Media Circle and the first Rest of Central Region (RCR) launch of 2026.
Yip said two-bedroom units accounted for about 65% of sales, adding that all three-bedroom deluxe units were sold, whilst only a small number of four-bedroom units remained.
Fong said pricing was supported by relatively lower land costs compared with recent RCR Government Land Sales sites, adding that future launches may see higher pricing due to rising land and construction costs.
Both cited proximity to one-north and nearby employment hubs, including Science Park, the National University of Singapore, and the National University Hospital, as supporting demand.