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Hudson Place Residences' entry price: what its lower land cost means for you

Hudson's land cost about $1,037 per sq ft of floor area in March 2025, below Dover Drive and almost every land sale since. Here is why that matters for the price you pay, explained plainly.

Published
22 Oct 2026
Last fact-checked
22 Oct 2026
Data period
Mar 2025 – Oct 2026
Reading time
5 min

Filed underDistrict 5New launchSupply

Artist's impression of Hudson Place Residences at dusk: two residential towers of different heights above a landscaped podium, with one-north's office buildings behind and trees around the site.
Hudson Place Residences, artist's impression from the developer's brochure. · Image: Media Circle Alpha Development Pte Ltd (Hudson Place Residences brochure, via PropNex Project Suite)

Does Hudson Place's lower land cost make it a sensible way into one-north?

A developer prices a project from its costs: the land first, then construction, marketing and other costs, then its margin. Hudson's developer paid about $1,037 psf ppr for the land in March 2025. Six later URA land sales across Singapore, Dover Drive among them, went for about $1,278 to $1,625. Projects on that dearer land generally need to launch higher to cover it, which puts Hudson in a strong position against the projects coming after it. On 22 Oct 2026 a 646 sq ft two-bedroom was on the developer's list at $1,723,000.

Key takeaways

  • How a launch price is built: the land cost is the base; construction, marketing and other costs go on top, then the developer's margin.
  • Hudson's land: about $1,037 psf ppr (March 2025). Six later URA sales, Dover Drive included: about $1,278 to $1,625, roughly 23% to 57% more.
  • Projects on dearer land generally need higher launch prices to make their margin. Hudson started from a lower base.
  • In URA's record of residential land sales, only 2 of the 24 after Hudson's cost less: Lentor Gardens and Dairy Farm Walk, both outside the central region.
  • On 22 Oct 2026: a 646 sq ft two-bedroom at $1,723,000 (about $2,667 psf); a 1,432 sq ft four-bedroom suite at $3,534,000 (about $2,468 psf).

Hudson in five figures

CalculatedHudson's land
about $1,037 psf ppr
Media Circle Parcel A, awarded 13 Mar 2025
CalculatedSix later reference awards
about $1,278 to $1,625 psf ppr
Dec 2025 to Sep 2026, Dover Drive included; different locations
CalculatedBloomsbury's earlier land
about $1,191 psf ppr
Feb 2024; Hudson's, a year later, about 13% less
Official figureTwo-bedroom example
$1,723,000
646 sq ft, about $2,667 psf; developer's list, 22 Oct 2026
Official figureFour-bedroom suite example
$3,534,000
1,432 sq ft, about $2,468 psf; a different home

Hudson's land among other URA awards, Dover Drive included

URA award price per sq ft of permitted floor area, lowest to highest; different locations and conditions

Land price per square foot of maximum permitted gross floor area (psf ppr), from URA's award price and GFA · $ psf ppr · Awards Feb 2024 to Sep 2026

  • Lentor Gardens, Apr 2025$920 psf ppr
  • Dairy Farm Walk, Jan 2026$962 psf ppr
  • Hudson Place (Media Circle Parcel A), Mar 2025$1,037 psf ppr
  • Margaret Drive, Aug 2024$1,154 psf ppr
  • Bloomsbury (Media Circle), Feb 2024$1,191 psf ppr
  • Lentor Central, Mar 2026$1,278 psf ppr
  • Bedok Rise, Dec 2025$1,330 psf ppr
  • Bayshore Road, Mar 2025$1,388 psf ppr
  • Kallang Close, Apr 2026$1,415 psf ppr
  • New Upper Changi Road, Sep 2026$1,537 psf ppr
  • Dover Drive, Mar 2026$1,556 psf ppr
  • Dunearn Road, May 2026$1,625 psf ppr

Land rates, $ psf ppr, lowest to highest: Lentor Gardens: 9 Apr 2025, Ang Mo Kio, 920; Dairy Farm Walk: 28 Jan 2026, Bukit Panjang, 962; Hudson Place (Media Circle Parcel A): 13 Mar 2025, Queenstown, 1,037; Margaret Drive: 7 Aug 2024, Queenstown, 1,154; Bloomsbury (Media Circle): 8 Feb 2024, Queenstown, 1,191; Lentor Central: 6 Mar 2026, Ang Mo Kio, 1,278; Bedok Rise: 2 Dec 2025, Bedok, 1,330; Bayshore Road: 28 Mar 2025, Bedok, 1,388; Kallang Close: 10 Apr 2026, Kallang, 1,415; New Upper Changi Road: 4 Sep 2026, Bedok, 1,537; Dover Drive: 31 Mar 2026, Queenstown, 1,556; Dunearn Road: 4 May 2026, Bukit Timah, 1,625.

Source: Award of tender for the URA sale site at Media Circle (Parcel A) (13 March 2025) (Urban Redevelopment Authority), URA award releases, Feb 2024 to Sep 2026. Extracted 22 Oct 2026.

Source: Past Sales Sites (Government Land Sales awards workbook) (Urban Redevelopment Authority), Awards to 18 Sep 2026; workbook read 22 Oct 2026. Extracted 22 Oct 2026.

Calculated: URA's award price divided by the maximum permitted gross floor area, converted at 10.7639 sq ft per sq m, rounded. Base GFA, no bonus area. Where a site has commercial floor area, the rate is blended across the whole site. A land rate is a cost to the developer, not a selling price, and it does not set what a home will sell for.

Show the data as a table
Hudson's land among other URA awards, Dover Drive included: data table
CategoryLand rate, $ psf ppr
Lentor Gardens, Apr 2025$920 psf ppr
Dairy Farm Walk, Jan 2026$962 psf ppr
Hudson Place (Media Circle Parcel A), Mar 2025$1,037 psf ppr
Margaret Drive, Aug 2024$1,154 psf ppr
Bloomsbury (Media Circle), Feb 2024$1,191 psf ppr
Lentor Central, Mar 2026$1,278 psf ppr
Bedok Rise, Dec 2025$1,330 psf ppr
Bayshore Road, Mar 2025$1,388 psf ppr
Kallang Close, Apr 2026$1,415 psf ppr
New Upper Changi Road, Sep 2026$1,537 psf ppr
Dover Drive, Mar 2026$1,556 psf ppr
Dunearn Road, May 2026$1,625 psf ppr

Hudson's homes on the developer's list, 22 Oct 2026

Developer price

A dated example of selected types

A dated example of selected types
HomeSizePricePer sq ftDate
Two-bedroom (B1a)646 sq ft$1,723,000about $2,66722 Oct 2026
Two-bedroom + study (B3)689 sq ft$1,847,000about $2,68122 Oct 2026
Three-bedroom (C3)1,023 sq ft$2,596,000about $2,53822 Oct 2026
Three-bedroom + study (C4)1,055 sq ft$2,791,000about $2,64522 Oct 2026
Four-bedroom suite + flexi (D2b)1,432 sq ft$3,534,000about $2,46822 Oct 2026

Each row is a different home on a different floor. The lowest price (the two-bedroom) and the lowest psf (the four-bedroom suite) are not one offer.

Source: Hudson Place Residences: the developer's price list as shown to agents (PropNex Project Suite), Read 22 Oct 2026. Extracted 22 Oct 2026.

Not a valuation: The developer's displayed prices that day. Prices change; reconfirm the exact unit and terms in writing.

Evidence

What the data shows

How a developer prices a launch

Every launch price is built up from costs. The land comes first: it is usually the biggest single cost, and it is fixed the day the developer wins the tender. Construction, financing, marketing and other costs go on top, then the developer's margin. A developer that paid more for its land has a bigger base to recover, so it generally has to launch at a higher price.

What Hudson's developer paid for the land

Hudson sits on Media Circle Parcel A, awarded on 13 March 2025 for $315 million. The site is 7,629.7 sq m with a maximum gross floor area of 28,230 sq m, a plot ratio of about 3.7. Spread over that floor area, the land cost about $1,037 per square foot: the lower of the two Media Circle sites.

Against the land sales after it

Dover Drive, in the same Greater one-north area, sold in March 2026 at about $1,556 psf ppr, about 50% more than Hudson's land: about $520 more for every square foot the developer may build.

Dover is not the only one. Land sold since Hudson's has mostly gone for more, across Singapore: Bedok Rise (Bedok, 2 Dec 2025) about $1,330; Lentor Central (Ang Mo Kio, 6 Mar 2026) about $1,278; Dover Drive (Queenstown, 31 Mar 2026) about $1,556; Kallang Close (Kallang, 10 Apr 2026) about $1,415; Dunearn Road (Bukit Timah, 4 May 2026) about $1,625; New Upper Changi Road (Bedok, 4 Sep 2026) about $1,537 psf ppr. These are different locations and sites, so they are not like-for-like with Hudson; they show where land has been selling since.

Hudson's land among other URA awards, in award order
SitePlanning areaAward dateLand rate, psf pprAgainst Hudson's
Bloomsbury (Media Circle) *Queenstown8 Feb 2024about $1,19115% more
Margaret DriveQueenstown7 Aug 2024about $1,15411% more
Hudson Place (Media Circle Parcel A) *Queenstown13 Mar 2025about $1,037This page's site
Bayshore RoadBedok28 Mar 2025about $1,38834% more
Lentor GardensAng Mo Kio9 Apr 2025about $92011% less
Bedok RiseBedok2 Dec 2025about $1,33028% more
Dairy Farm WalkBukit Panjang28 Jan 2026about $9627% less
Lentor CentralAng Mo Kio6 Mar 2026about $1,27823% more
Dover Drive *Queenstown31 Mar 2026about $1,55650% more
Kallang CloseKallang10 Apr 2026about $1,41537% more
Dunearn Road *Bukit Timah4 May 2026about $1,62557% more
New Upper Changi RoadBedok4 Sep 2026about $1,53748% more

Source: Past Sales Sites (Government Land Sales awards workbook) (Urban Redevelopment Authority), Awards to 18 Sep 2026; workbook read 22 Oct 2026. Extracted 22 Oct 2026.

Reference points from URA's record across different locations, sizes and conditions: not interchangeable sites, not a matched set, and not a price for any home. * Residential with commercial on the first storey; the rate is blended across the site. Dates are award dates. Lentor Gardens and Dairy Farm Walk, both later, cost less than Hudson; Hudson's own site cost less than Bloomsbury's earlier one.

In URA's record of residential land sales, only 2 of the 24 after Hudson's went for less: Lentor Gardens (April 2025, about $920) and Dairy Farm Walk (January 2026, about $962), suburban sites in Ang Mo Kio and Bukit Panjang. Hudson's own land also cost about 13% less than Bloomsbury's next door, bought a year earlier.

These are reference points, not proof of a trend on their own. The full record of 47 URA awards since 2023, including the later ones that cost less, is in Rising land costs: what today's buyers can learn about tomorrow's launches.

What this means for the price you pay

The projects that will launch on these later sites start from a higher land cost, and they have to recover it. That is Hudson's cushion: its developer does not need to price as high to make its margin. Land is not the whole price, and the wider market still moves, so check the home itself against what else you could buy.

Test it on the home you would buy

On 22 Oct 2026 the developer's list showed a 646 sq ft two-bedroom at $1,723,000 (about $2,667 psf), a 689 sq ft two-bedroom with study at $1,847,000, a 1,023 sq ft three-bedroom at $2,596,000, a 1,055 sq ft three-bedroom with study at $2,791,000 and a 1,432 sq ft four-bedroom suite at $3,534,000.

That spread is Hudson's practical strength: a buyer can enter at the size the household actually needs rather than stretch to a family suite. Note that the lowest price and the lowest price per square foot were different homes: the two-bedroom at about $2,667 psf, the four-bedroom suite at about $2,468 psf.

Hudson Place Residences: a dated example of selected types

One example of each of these types on the developer's price list, read 22 Oct 2026

Displayed price of the lowest-priced example of each type shown that day (a different unit for each row; other layouts and the penthouses are not shown) · $ · 22 Oct 2026

  • Two-bedroom, 646 sq ft$1,723,000
  • Two-bedroom + study, 689 sq ft$1,847,000
  • Three-bedroom, 1,023 sq ft$2,596,000
  • Three-bedroom + study, 1,055 sq ft$2,791,000
  • Four-bedroom suite + flexi, 1,432 sq ft$3,534,000

Displayed prices: Two-bedroom of 646 sq ft, $1,723,000 (about $2,667 psf); Two-bedroom + study of 689 sq ft, $1,847,000 (about $2,681 psf); Three-bedroom of 1,023 sq ft, $2,596,000 (about $2,538 psf); Three-bedroom + study of 1,055 sq ft, $2,791,000 (about $2,645 psf); Four-bedroom suite + flexi of 1,432 sq ft, $3,534,000 (about $2,468 psf).

Source: Hudson Place Residences: the developer's price list as shown to agents (PropNex Project Suite), Read 22 Oct 2026. Extracted 22 Oct 2026.

Prices are the developer's, as displayed on that day; they change, and each row is a different home on a different floor. Ask for a current written price before deciding.

Show the data as a table
Hudson Place Residences: a dated example of selected types: data table
CategoryDisplayed price
Two-bedroom, 646 sq ft$1,723,000
Two-bedroom + study, 689 sq ft$1,847,000
Three-bedroom, 1,023 sq ft$2,596,000
Three-bedroom + study, 1,055 sq ft$2,791,000
Four-bedroom suite + flexi, 1,432 sq ft$3,534,000

Put the exact home beside the ones you would genuinely buy instead: a completed condominium nearby, another new launch, a resale home with a different lease. Match bedrooms, liveable space, floor and move-in timing as closely as you can, and let the differences that remain be part of the decision.

Can you hold it comfortably?

A defensible entry is one you can keep through a weaker spell without being forced to sell. Budget the whole commitment: the price, buyer's stamp duty, the loan at a less favourable rate, and the monthly contribution, which the developer's sales kit puts at about $450 for a two-bedroom. The developer's brochure gives expected vacant possession as 30 September 2029, so plan where you live until then.

If you own a home now, settle the order of selling and buying before booking, and work the stages through the new launch purchase calculator.

Analysis · opinion

James's interpretation

I'll put it simply. A developer's launch price starts with what it paid for the land. Hudson's developer paid about $1,037 psf ppr in March 2025, and almost every land sale since has gone for more: Dover Drive in the same area at about $1,556, and sites across the island at $1,278 to $1,625. The projects coming after Hudson have to recover those higher land costs, so they will generally need to launch higher.

That gives Hudson buyers a strong safety net: you are buying into a project whose cost base is lower than the projects that will compete with it later. My advice stays practical: pick the right home first, get today's written price for that unit, and make sure the monthly commitment sits comfortably. If those check out, Hudson's land cost is a solid reason to go ahead.

What it may mean for buyers

Why Hudson might suit you in the first place: Hudson Place Residences: why it belongs on a one-north buyer's shortlist. Daily life around it: living at Media Circle. Weighing it against Bloomsbury: the case for Bloomsbury and Bloomsbury's entry price.

Limitations

A land rate is the developer's cost per square foot of permitted floor area, not a selling price, a floor under future prices or a forecast; construction, financing, design, timing and margin all sit between land and price. The selected OCR sites differ in location and product. Price examples are dated and change.

Methodology

Land rate: URA's award price divided by the maximum permitted gross floor area in URA's release, converted at 10.7639 square feet per square metre and rounded; base GFA, no bonus area; where a site has commercial floor area the rate is blended across it. Percentages compare the unrounded rates. Prices: the developer's displayed prices on 22 Oct 2026, the lowest-priced example of each type that day, price per square foot as displayed.

psf ppr
Land price per square foot of permitted gross floor area (per plot ratio): what the developer paid for the land divided by the floor area it may build. It is a different measure from an apartment's selling price per square foot.
Entry price
Here, what it costs to buy into the development today: the price of a particular home on the developer's list, tested against the homes you could buy instead. It is not a promise about what the home will be worth later.

How all research on this site is built

Sources

  1. 1.
    Award of tender for the URA sale site at Media Circle (Parcel A) (13 March 2025)

    Urban Redevelopment Authority · Period: Released 13 Mar 2025 · Extracted 22 Oct 2026

    $315,000,000; site area 7,629.7 sq m; maximum GFA 28,230 sq m; 99 years.

  2. 2.
    Award of tender for the URA sale site at Dover Drive (31 March 2026)

    Urban Redevelopment Authority · Period: Released 31 Mar 2026 · Extracted 22 Oct 2026

    $951,000,999; maximum GFA 56,773 sq m; residential with commercial at the first storey.

  3. 3.
    Tender award for URA sale site at Lentor Central (6 March 2026)

    Urban Redevelopment Authority · Period: Released 6 Mar 2026 · Extracted 22 Oct 2026

    $657,100,000; maximum GFA 47,778 sq m; $13,753.19 per sq m of GFA.

  4. 4.
    Award of tender for the URA sale site at Bedok Rise (2 December 2025)

    Urban Redevelopment Authority · Period: Released 2 Dec 2025 · Extracted 22 Oct 2026

    $464,800,000; GFA 32,470 sq m; $14,314.75 per sq m of GFA.

  5. 5.
    Award of tender for the URA sale site at Bayshore Road (28 March 2025)

    Urban Redevelopment Authority · Period: Released 28 Mar 2025 · Extracted 22 Oct 2026

    $658,888,998; GFA 44,089 sq m; $14,944.52 per sq m of GFA (Bayshore Road, not the mixed-use Bayshore Drive site).

  6. 6.
    Award of tender for the URA sale site at New Upper Changi Road (4 September 2026)

    Urban Redevelopment Authority · Period: Released 4 Sep 2026 · Extracted 22 Oct 2026

    $1,425,388,000; GFA 86,154 sq m; $16,544.65 per sq m of GFA.

  7. 7.
    Award of tender for the URA sale site at Lentor Gardens (9 April 2025)

    Urban Redevelopment Authority · Period: Released 9 Apr 2025 · Extracted 22 Oct 2026

    $429,230,000; $9,903.10 per sq m of GFA.

  8. 8.
    Hudson Place Residences: the developer's price list as shown to agents

    PropNex Project Suite · Period: Read 22 Oct 2026 · Extracted 22 Oct 2026

    The developer's displayed prices for the types and sizes quoted. Prices change and availability is not stated here.

  9. 9.
    Hudson Place Residences sales brochure

    Media Circle Alpha Development Pte Ltd · Period: Read 22 Oct 2026 · Extracted 22 Oct 2026

    327 homes in two towers on Media Circle; 99 years from 10 June 2025; expected vacant possession 30 September 2029; facilities; floor plans (B1a, D2a/D2b).

  10. 10.
    Hudson Place Residences sales kit for agents (V3.3)

    Media Circle Alpha Development Pte Ltd, via PropNex Project Suite · Period: Read 22 Oct 2026 · Extracted 22 Oct 2026

    Fact sheet: 134 car park lots including 4 commercial; estimated monthly contributions (two-bedroom about $450).

  11. 11.
    Harmonisation of floor area definitions by URA, SLA, BCA and SCDF (circular DC22-09)

    Urban Redevelopment Authority · Period: Circular of 1 Sep 2022 · Extracted 22 Oct 2026

    Harmonised floor-area definitions for sale sites launched from 1 Sep 2022; both Media Circle sites were launched after that date.

  12. 12.
    Past Sales Sites (Government Land Sales awards workbook)

    Urban Redevelopment Authority · Period: Awards to 18 Sep 2026; workbook read 22 Oct 2026 · Extracted 22 Oct 2026

    Kallang Close (10 Apr 2026) and Dunearn Road (4 May 2026): award price and permitted GFA; every rate on this page reconciles with it.

General information only, not financial, legal or tax advice. Figures reflect the data period shown and may since have changed; your own circumstances will differ. Full disclaimer.

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