‼️HUDSON PLACE RESIDENCES‼️
Developer: Qingjian Realty & Forsea Holdings
Development Type: Residential with Commercial At 1st Storey
Location: Media Circle
District: 05
Total Units: 327 Units
Tenure: 99yrs
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📍Location Attributes📍
Hudson Place Residences is located at One-North in the Rest of Central Region (RCR). One-North is close to key towns such as Buona Vista, Holland, Queenstown and Clementi. It is a growing area where the Singapore Government has started to place more emphasis in terms of creating jobs and residential homes.
One-North has always been deemed as the silicon valley of Singapore where tech innovation is at the forefront. Hence, it has attracted many companies such as Shopee and Grab to set up their offices nearby. Furthermore, with the recent increase in importance of Artificial Intelligence, the Singapore Government announced Kampong AI at One-North to draw more start ups to come in.
What this means to you is by creating jobs in the One-North sector, it creates a necessity for homes nearby hence boosting demand. This would ultimately lead to strong capital appreciation and rental yield.
Amenities wise, One-North will see homes be integrated with a commercial component. Just like Hudson Place Residences, Bloomsbury Residences (located opposite) which was launched earlier is following a similar concept. Hence, allowing for amenities right at your doorstep.
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💰Investment Strategy💰
Hudson Place Residences is a value play. With units starting from $2,2xxpsf to $24xxpsf, you have a significant buffer. We expect that the average psf would be around $25xxpsf to $26xxpsf on the mid to high floors. If you were to compare this to the recent Vela Bay launch which is located in OCR which averaged at $28xxpsf, Hudson Place Residences is a steal considering its proximity to the central areas of Singapore.
You may also opt to rent it out to tenants working nearby at One-North. The rental yield is pretty decent judging by the rental data of similar developments nearby.
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