Yes. Bloomsbury Residences is a contemporary 99-year leasehold development located in Singapore’s One-North district. Slated for completion in 2029, it is set to offer 358 units ranging from 2- to 4-bedrooms and penthouses. Below is more information:
Located within the Queenstown planning area, Bloomsbury Residences is brought to life by Qingjian Realty and Forsea Holdings. It is the first residential development featuring shops on level one within the Mediapolis precinct. The project is positioned to complement One-North’s growth as a tech and innovation hub.
The development will offer a variety of unit types, from 2- to 4-bedroom layouts and penthouses. There will be over 50 amenities, including three swimming pools, indoor and outdoor gyms, a tennis court, and co-working areas. The inclusion of themed gardens and pet-friendly zones caters to a balanced lifestyle of leisure, productivity, and relaxation.
Market Positioning, Pricing & Investment Outlook
With an entry price of between $2,396 and $2,474 psf, Bloomsbury Residences offers a competitive range compared to nearby developments. Projects like The Hill @ One-North and ELTA have higher psf rates. The One-North area has seen significant job growth and rising demand for well-located, high-quality residences, suggesting strong capital appreciation potential for early buyers.
From an investment standpoint, proximity to business hubs and reputable educational institutions will likely support good rental yields and resale value. District 5, which includes One-North, has historically outpaced the islandwide price growth.
Several primary, secondary, and tertiary institutions, including Fairfield Methodist School, Anglo-Chinese School (Independent), Tanglin Trust School, and the National University of Singapore, are within a short drive. This factor enhances both owner-occupier convenience and rental appeal for families and professionals.
Appeal of Two-Bedroom Units
Two-bedroom units often balance affordability with adequate space. They tend to attract a broad tenant pool, offering a compelling resale and rental proposition. Rental trends in District 5 indicate steady growth in both prices and transaction volumes.
In particular, two-bedroom configurations have seen strong demand, accounting for a significant share of rental transactions. At nearby One-north Eden, average rental yield for one- and two-bedroom units has been recorded at around 3.8%.
For homeowners and investors, Bloomsbury Residences represents a modern, well-connected residential option in a rapidly evolving tech district. Its strategic location, competitive pricing, and array of amenities make it particularly attractive.
However, it is important to consider market fluctuations and the long-term considerations of leasehold properties.
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