An impressive 25% of units at Bloomsbury Residences sold during the launch weekend, achieving an average price of $2,474 per square foot, signaling strong market reception for this strategic development in Media Circle. The development, situated in District 05 near Buona Vista and Clementi New Town, has attracted substantial interest from both local and overseas buyers, particularly professionals working in the nearby one-north technology hub and families seeking proximity to reputable educational institutions.
Developed by Media Circle Development Pte. Ltd., Bloomsbury Residences comprises 358 residential units distributed across three blocks ranging from 15 to 24 stories, all built on a 99-year leasehold tenure. The project incorporates 143 carpark spaces, including specialized provisions for electric vehicles with four dedicated charging lots, demonstrating the development’s forward-thinking approach to sustainable urban living. The residential development spans across a generous site area of 10,632.1 square meters, allowing for spacious communal areas and facilities.
The property’s competitive initial pricing has positioned it as a formidable contender within the luxury segment, with flexible payment options including the Normal Progressive Scheme being offered to potential buyers. Marketing initiatives have emphasized the development’s long-term investment value, highlighting its strategic location within Singapore’s growing innovation district. This launch reflects the broader trend of limited inventory driving upward price pressure across Singapore’s residential market.
Bloomsbury Residences offers residents sophisticated design elements with superior finishes catering to luxury preferences, complemented by smart home technology throughout the units. This joint venture between Qingjian Realty and Forsea Holdings brings together decades of expertise in delivering high-quality residential projects. The development features meticulously landscaped grounds designed by Ecoplan Asia Pte Ltd, creating a harmonious balance between contemporary urban living and tranquil environments.
The project’s location advantages are substantial, with excellent connectivity via the one-north MRT station on the Circle Line and Buona Vista MRT interchange on the Circle and East-West Lines. This prime positioning provides residents with convenient access to Singapore’s major districts including Marina Bay, Orchard Road, and the Central Business District.
The successful launch weekend has established a new pricing benchmark for District 05 developments, reinforcing growing market confidence in properties situated near Singapore’s innovation hubs and underlining the increasing desirability of the one-north district as a residential destination for discerning buyers.
