Weekend Launch Round-Up: One Marina Gardens & Bloomsbury Residences See Solid Sales Amid Global Uncertainty
Singapore's real estate market remains resilient despite global economic jitters and rising construction costs. Over the past weekend, two highly anticipated launches—Kingsford’s One Marina Gardens in Marina South and Qingjian & Forsea’s Bloomsbury Residences at Media Circle in one-north—garnered steady interest from local buyers and investors alike.
Let’s take a look at how each development performed and why they are drawing buyers despite market headwinds.
🏙 One Marina Gardens: City Living with First-Mover Advantage
📌 Sales & Pricing
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353 out of 937 units sold (≈38%) during launch weekend
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Average price: $2,953 psf, above initial guide of $2,850–$2,900 psf
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Over 70% of units sold were 1- and 2-bedroom types, priced from $1.163M
📌 Buyer Profile
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83% Singaporeans, remainder are PRs and foreigners
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Strong demand from investors seeking rental yields up to 4%
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Many drawn by competitive city-centre pricing and potential capital upside
📌 Project Highlights
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First residential development in Marina South, adjacent to Marina South MRT (TEL)
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52 lifestyle facilities, including a childcare centre, shops, and restaurants
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High floors with unblocked views of CBD, Marina Bay Sands & Gardens by the Bay were top picks
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Units spread across two towers (30 & 44 storeys), with TOP expected in Q3 2028
📌 Key Trends
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“Top-down sales pattern” – higher floors snapped up first
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“First-mover advantage” appeal in an area with long-term master planning
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Investor appetite driven by anticipated interest rate easing and global capital flight to safe assets like Singapore property
📌 Infographic Snapshot – One Marina Gardens
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✅ 353 units sold at launch (38% take-up)
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✅ Avg. price: $2,953 psf
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✅ 70%+ of units sold = 1 & 2-bedders
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✅ Rental yields estimated up to 4%
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✅ Located next to Marina South MRT
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✅ Completion: Q3 2028
🌿 Bloomsbury Residences: Modern Green Living at One-North
📌 Sales & Pricing
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90 out of 358 units sold (≈25.1%)
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Average price: $2,474 psf
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Highest psf: $2,700 psf for a six-bedroom penthouse
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Strong conversion rate of 45.2% from expressions of interest
📌 Buyer Profile
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88% Singaporeans, many aged 40+
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90%+ of buyers already own private homes
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Popular among multi-generational families & owner-occupiers
📌 Project Highlights
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First residential launch in Mediapolis @ one-north
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Surrounded by lush greenery and unblocked views over Wessex estate
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Walking distance to one-north MRT, The Star Vista & Rochester Mall
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Close proximity to Tanglin Trust School, INSEAD & Science Park
📌 Key Trends
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Most popular unit type: 2-bedders, forming 70%+ of units sold
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Strong investment interest from buyers banking on high rental demand from nearby business parks
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“Sensitive pricing” seen as attractive for long-term buyers despite current economic volatility
📌 Infographic Snapshot – Bloomsbury Residences
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✅ 90 units sold at launch (25.1% take-up)
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✅ Avg. price: $2,474 psf
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✅ 70%+ buyers aged above 40
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✅ 2-bedders most popular
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✅ First launch in Media Circle precinct
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✅ Attractive location near MRT & international schools
✅ Summary Highlights
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✅ One Marina Gardens outperformed expectations with 38% sold, supported by first-mover appeal and panoramic views.
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✅ Bloomsbury Residences recorded a strong 45% conversion rate, with demand driven by proximity to educational institutions and business hubs.
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✅ Both projects saw overwhelming support from local buyers, underscoring confidence in Singapore’s long-term real estate fundamentals.
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✅ Investors and owner-occupiers alike were drawn to value-for-location, sensitive pricing, and future upside from maturing districts.
🏡 Considering your next home or investment property? Let’s have a chat and explore opportunities across Marina South, one-north, and beyond.
Whether you're eyeing a unit with panoramic skyline views or a green haven near tech and education hubs, there's a perfect home waiting for you.
📲 Reach out today for a personalised walkthrough or price list.