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 in four months seems like a simple story. But the month-by-month record at Hudson Place Residences is less tidy. There was one very large opening month, then three quiet months. In each of those months, the median psf climbed. Both facts are true at the same time. The total sales figures alone do not show you either fact.

According to URA Data Service caveat records, Hudson Place Residences has recorded 185 developer sales since May 2026. A caveat is a legal notice filed when a buyer secures a property, marking the sale. The project sits in District 5 and has a 99-year leasehold, meaning the right to use the land lasts for 99 years. Of the 185 sales, 39 happened in the three months to August 2026. The overall median price was S$2,487 psf. This adds up to 56.6% of the project's 327 units. May 2026 was by far the busiest month, with 146 caveats. The median psf rose by 7.0%, from S$2,467 psf in the first month to S$2,640 psf in August 2026. Here is what stood out to us as we went 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. This is the usual pattern for a launch: a big opening weekend feeds into one reporting month, then sales slow down once the first batch of buyers has bought in. It is worth being clear about what caveats measure. A caveat is filed at the point a buyer secures their purchase. So the month linked to a sale reflects when the caveat was filed, not necessarily the day the buyer chose the unit. If a launch opens late in a month, some of its early sales may show up in the next month's count instead.

With only 39 sales across the three months to August 2026, the recent monthly counts are small. A single week of activity can move them noticeably. The chart below shows how the sales volume arrived over time. It does not show how many units are left in any particular stack or size, because the caveat data does not record that.

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

While sales volume has been thinning, the median psf has moved the opposite way each month. May 2026 came in at S$2,467 psf across 146 caveats. June 2026 was S$2,582 psf on 9 caveats. July 2026 was S$2,612 psf on 21 caveats. August 2026 was S$2,640 psf on 9 caveats. Across the four months, the change from the first month to the latest is +7.0%.

The same caution applies here as with any small sample. A median based on just 9 caveats describes only those 9 units, nothing more. If the units sold in a given month happen to be on higher floors, or are smaller units with a higher psf, the median can move even though prices for similar units have not changed. The caveat data does not record floor level or stack, so we cannot tell whether a shift is due to pricing or due to which units happened to sell. What the table does show clearly is the running total: 146 units, then 155, then 176, then 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 square metres make up 119 of them. Their median size is 689 square feet, their median price is S$1,685,000, and their median rate is S$2,507 psf. The next largest group is 90 to 119 square metres, with 50 caveats, a median price of S$2,597,000 and S$2,452 psf. Between these two groups sits the 70 to 89 square metre band, with just 12 caveats at S$2,412 psf, the lowest median psf of the four size bands.

At the top end, units of 120 square metres and above recorded only 4 caveats. Their median size is 1,432 square feet, their median price is S$3,760,500, and their median rate is S$2,620 psf, the highest of the four bands. Four sales are far too few to represent a price level for large units. They describe only those four transactions. Still, the pattern across the two largest bands points to the usual effect where smaller units sell at a higher rate per square foot but 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 place the launch price in local context, we looked at completed projects within 1,000 metres 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% higher than that figure.

The two nearby projects are not identical to each other. Normanton Park, which has a 99-year leasehold and sits 879 metres away, recorded 62 resales at a median of S$2,010 psf. One-north Residences, also 99-year leasehold and 984 metres away, recorded 28 resales at a median of S$1,734 psf. Such a gap between two nearby projects shows that the combined resale median mixes different ages, sizes and layouts, and none of these units are new. A new launch and a completed resale differ in remaining lease, condition and completion date. So this comparison shows two different products selling in the same area, not the same product at two different 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 comes Elta, with 76 caveats at S$2,582 psf, and Terra Hill, the only freehold project in the top four, with 57 caveats at S$2,685 psf.

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

The district table does not account for unit mix, tenure, or expected completion date, all of which differ across the eight projects. Faber Residence, Bloomsbury Residences and Lyndenwoods all have an expected TOP of 2028. 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.

A median based on nine sales in one month is not a full market picture. It is one data point that only makes sense next to the running total, the mix of sizes behind it, and what completed projects nearby are selling for. That is the value of looking at all four tables together: the direction they point to is steadier than any single row taken alone.

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.