Blog

Bloomsbury Residences 1

Qingjian and Forsea to Launch Bloomsbury Residences at Media Circle, Prices From S$2,400 PSF

Homebuyers and investors can soon explore Bloomsbury Residences, a highly anticipated project in Buona Vista, as Qingjian Realty and Forsea Holdings gear up for previews on March 29. With prices starting at S$1.37 million for a two-bedroom unit, the development promises modern living in the heart of the one-north business precinct.

Prime City-Fringe Living with Retail Convenience

Bloomsbury Residences will comprise 358 residential units across three towers, standing at 14, 21, and 23 storeys respectively. Additionally, the project will include 400 square meters (sq m) of retail space, enhancing the convenience of its future residents.

The 99-year leasehold project, located in District 5, is positioned near major business hubs such as Mediapolis, one-north, and the National University of Singapore (NUS). With one-north MRT station nearby, connectivity is a key highlight.

Pricing Details and Unit Types

  • Two-bedroom units (570 sq ft) – Prices start from S$1.37 million (S$2,396 psf)

  • Three-bedroom + study (904 sq ft) – From S$2.17 million (S$2,396 psf)

  • Four-bedroom + study (1,173 sq ft) – From S$2.87 million (S$2,443 psf)

Strategic Land Acquisition and Future Growth

Qingjian Realty and Forsea Holdings secured the 10,632.1 sq m Media Circle site in January 2024 through a state land tender for S$395 million, translating to S$1,191 per square foot per plot ratio (psf ppr).

The development is expected to benefit from the Urban Redevelopment Authority’s (URA) vision to transform Mediapolis into a vibrant mixed-use district. URA’s latest plans include repurposing land zoned for business park use into residential developments, adding further value to the area.

The project is set for completion in 2029, aligning with the growth of the one-north district.

Future Developments in Media Circle

Beyond Bloomsbury Residences, two additional state land sites in Media Circle have been released for sale:

  1. A second Media Circle site, secured by Qingjian, Forsea, and Hoovasun Holding in a recent tender at S$1,037 psf ppr. This site is designated for residential use with commercial space on the first storey, and will add approximately 325 private homes.

  2. A third Media Circle site, currently up for sale, with its tender closing on April 29, 2025.

Upcoming Sales Launch

Following the preview, official sales for Bloomsbury Residences will commence on April 12.

With exciting new launches such as Upper House, The Robertson Opus, and One Marina Gardens drawing keen interest in the private residential market, Bloomsbury Residences is set to make a strong impression among buyers looking for city-fringe convenience and investment potential.

The Business Times

Singapore’s New Home Sales Surge in February: Record S$2M+ Suburban TransactionsCrowded Showflat at The Reserve Residences 4 1One Marina Gardens Artists Impressions 1 scaled 1Kingsford to start previews for One Marina Gardens at average price of S$2,850 to S$2,900 psf
error: