bloomsbury residences launch announcement

Bloomsbury Residences by Qingjian Realty JV Launching March 29 With Prices From $2,396 PSF

Can $2,396 psf for Bloomsbury Residences really be justified? Qingjian's newest 358-unit launch taps into One-North's tech hub potential with limited Singapore inventory. Early birds get first pick March 29.

While Singapore’s property market continues to evolve, Bloomsbury Residences, a significant new development by Qingjian Realty and Forsea Holdings, is set to commence its preview on March 29, 2025, with the official sales launch following on April 12, 2025. This 99-year leasehold project comprises 358 residential units distributed across three blocks, representing a notable addition to the One-North district‘s real estate landscape.

Situated strategically at Media Circle in District 5, Bloomsbury Residences benefits from exceptional connectivity via the nearby one-north MRT station on the Circle Line and convenient access to the Ayer Rajah Expressway. The development’s location within the burgeoning One-North innovation hub places residents in proximity to the Mediapolis business park, National University of Singapore, and various lifestyle destinations including Holland Village, The Star Vista, and Rochester Mall.

Strategic location with premium connectivity to MRT, expressways, business parks, universities and lifestyle hubs.

The residential offering encompasses a diverse unit mix, ranging from two-bedroom configurations starting at 570 square feet to spacious four-bedroom with study layouts from 1,173 square feet, alongside premium penthouses. Pricing begins at S$1.37 million for two-bedroom units at approximately S$2,396 per square foot, while three-bedroom units start from S$2.17 million and four-bedroom units from S$2.87 million at S$2,443 per square foot.

Bloomsbury Residences features extensive amenities including three swimming pools, indoor and outdoor gymnasium facilities, a tennis court, and 400 square meters of retail space branded as Bloomsbury Shoppes. The joint venture partners acquired the Media Circle site for S$395 million in January 2024, demonstrating their confidence in the area’s growth potential. The development, scheduled for completion in 2029, integrates these facilities within a thoughtfully designed environment adjacent to recreational spaces including One-North Park, Kent Ridge Park, and the Rail Corridor.

From an investment perspective, the development presents compelling opportunities due to its position within URA’s planned transformation zone for the One-North area. The developers secured the land at a competitive S$1,191 per square foot per plot ratio, potentially supporting value appreciation. With the supply limited to approximately 11,000 new condominium units across Singapore in 2025, Bloomsbury Residences represents a significant portion of available inventory in this high-demand market. Potential buyers are encouraged to book showflat appointments through the official developer website to secure units at direct developer prices with no commission payable.

Additionally, the property’s proximity to business parks suggests robust rental demand from professionals working in Singapore’s expanding technology and innovation sectors.

Singapore Real Estate News Team
Singapore Real Estate News Team
Articles: 82