Hudson Place Residences Has Sold 56.6% Of Its 327 Units In Four Months — But 146 Of Those Went In May Alone

A launch that clears more than half its units inside four months looks, on the surface, like a straightforward story. The month-by-month record at Hudson Place Residences is less tidy than that: one very large opening month, then three quiet ones, with the median psf climbing in each of them. Both things are true at once, and the totals alone do not show you either.

According to URA Data Service caveat records, Hudson Place Residences (District 5, 99-year leasehold) has recorded 185 developer sales since May 2026, 39 of them in the three months to August 2026, at an overall median of S$2,487 psf. That is 56.6% of the project's 327 units. The busiest month by some distance was May 2026 with 146 caveats, and the median psf moved +7.0% from the first month, at S$2,467 psf, to August 2026, at S$2,640 psf. Here is what stood out to us when we worked through the tables.

Almost four in five of the caveats lodged so far were lodged in the first month

The shape of the monthly bar chart below is the first thing we noticed. May 2026 recorded 146 caveats. June 2026 recorded 9, July 2026 recorded 21, and August 2026 recorded 9 again. That is the familiar profile of a launch weekend feeding into a single reporting month, followed by a much thinner run rate once the opening batch has cleared. It is worth being precise about what caveats measure: they are lodged at the point a buyer secures their interest, so the month attached to a sale reflects lodgement, not necessarily the day the unit was chosen. A launch that opens late in a month can therefore push some of its early activity into the next one.

With only 39 sales across the three months to August 2026, the recent monthly counts are small enough that a single week of activity moves them noticeably. The chart below tells you how the volume arrived, not how much inventory is left in any particular stack or size, which the caveat data does not record.

The median psf has risen in every month since launch, on progressively fewer sales

Set against that thinning volume, the median psf has gone the other way in each successive month. May 2026 came in at S$2,467 psf across 146 caveats. June 2026 was S$2,582 psf on 9, July 2026 S$2,612 psf on 21, and August 2026 S$2,640 psf on 9. Across the four months, the change from the first month to the latest is +7.0%.

The caution attached to that run is the same one attached to any thin sample. A median computed from 9 caveats describes those 9 units and nothing more, and if the units transacting in a given month happen to sit on higher floors or in smaller, higher-psf layouts, the median moves without any change in the price of a like-for-like unit. The caveat data does not carry floor level or stack, so we cannot separate a shift in pricing from a shift in what was being sold. What the table does show cleanly is the cumulative count: 146, then 155, 176 and 185 units by August 2026.

The most-sold size band is not the one with the lowest median psf

Breaking the 185 caveats down by size, units of 50 to 69 sqm account for 119 of them, at a median area of 689 sqft, a median price of S$1,685,000 and a median of S$2,507 psf. The next largest group is 90 to 119 sqm with 50 caveats, at a median of S$2,597,000 and S$2,452 psf. Between them sits the 70 to 89 sqm band with just 12 caveats at S$2,412 psf, the lowest median psf of the four bands.

At the top, 120 sqm and above has recorded only 4 caveats, at a median area of 1,432 sqft, a median price of S$3,760,500 and S$2,620 psf, the highest band median in the project. Four sales is far too few to read as a price level for large units; it is a description of those four transactions. The pattern across the two largest bands, though, points to the usual quantum effect, where smaller units transact at a higher rate per square foot while carrying a lower total price.

The full size breakdown is set out in the table below.

Resales within a kilometre are transacting 29.2% below the launch median

To put the launch median in local context, we looked at completed projects within 1,000 m over the 24 months to August 2026. There were 90 resales across 2 projects, at a median of S$1,925 psf. The Hudson Place Residences median of S$2,487 psf is +29.2% against that figure.

The two projects behind that number are not identical to each other. Normanton Park, 99-year leasehold and 879 m away, recorded 62 resales at a median of S$2,010 psf. One-north Residences, also 99-year leasehold and 984 m away, recorded 28 resales at a median of S$1,734 psf. A gap of that size between two nearby projects is a reminder that the combined resale median blends different ages, sizes and layouts, and that none of these are new units. A new launch and a completed resale differ on lease remaining, condition and completion date, so the comparison describes two different products transacting in the same area rather than the same product at two prices.

Both nearby projects and their resale counts appear in the table below.

Within District 5, the best-selling launch of the past year is also one of the cheapest by median psf

Across the 12 months to August 2026, eight other launches in District 5 recorded developer sales. Faber Residence sold the most by a clear margin, with 220 caveats at a median of S$2,162 psf. Bloomsbury Residences follows with 118 caveats at S$2,555 psf, then Elta with 76 at S$2,582 psf and Terra Hill, the only freehold project in the top four, with 57 at S$2,685 psf.

The tail is thin. Blossoms By The Park recorded 12 caveats at S$2,396 psf, The Hill @one-north 10 at S$2,450 psf, Lyndenwoods 8 at S$2,542 psf and The Hillshore, freehold, 6 at S$2,335 psf. At counts in the single digits and low teens, those medians describe a handful of units each and can sit anywhere within a project's range depending on which stacks happened to transact.

What the district table does not standardise is unit mix, tenure or expected completion, all of which vary across the eight projects. Faber Residence, Bloomsbury Residences and Lyndenwoods carry an expected TOP of 2028, while Hudson Place Residences is a 99-year leasehold project in the RCR with an expected TOP of 2029.

Several things the figures leave open are worth naming. We cannot see how many of the 327 units remain unsold by size band, so the rising monthly median may reflect what is left as much as anything else; the caveat records carry area and price, not floor or stack. Three of the four months to date have recorded 21 caveats or fewer, which is a small base for reading direction. The next few months of URA caveat data will show whether the run rate stays in single digits, and whether the larger bands, at 50 and 4 caveats respectively, accumulate enough transactions for their medians to describe more than a handful of units. Every figure here is indicative, drawn from recorded transactions, and none of it is a valuation of any particular home.

One month's median, on nine sales, is not a market. It is a data point that only becomes legible next to the cumulative count, the size mix behind it, and what completed projects a few hundred metres away are transacting at. That is the value of laying the four tables side by side: the direction they collectively point in is steadier than any single row within them.

Method: URA caveats for developer sales ('new sale') at the project, dated to the month; size bands by the caveated floor area; the nearby comparison is resale caveats in completed projects within one kilometre over 24 months, unadjusted for size, age or floor. Units sold is the caveat count, which lags option exercises by weeks. Private figures are from URA Data Service caveats, HDB figures from data.gov.sg resale records, both loaded weekly by this site's ingest. Medians are of the non-excluded transactions in the period named; sales flagged by the hygiene rules (related-party transfers, bulk deals, outliers) are left out. Every figure is indicative and drawn from recorded transactions, not a formal valuation.