Blossoms By The Park

Quick Glance on Blossoms By The Park

✅ Mixed Development

✅ 275 units

✅ 3 mins walk to Buona Vista MRT Interchange (Circle Line/East-West Line)

✅ Rest Central Region (RCR)

✅ Close to One-North, Science Park, Holland Village, NUS and NUH

✅ Near Jurong Lake District (2nd CBD) and Greater Southern Waterfront

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Blossoms By The Park Intro

Blossoms By The Park is a brand new condo in the prime One-North precinct.

Sitting on 85,652 sq ft precious land, Blossoms By The Park will be developed into 275 private residential units and commercial on the ground floor.

Blossoms By The Park Location

Located along Slim Barracks Rise, Blossoms By The Park is just 3 min walk to Buona Vista MRT interchange on the Circle and East-West Line.

For drivers, come out to North Buona Vista Road, one side leading you to AYE, the other side you can go to Holland Road that will lead you to Orchard in 15 mins.

Best part is Blossoms By The Park is the nearest condo to Buona Vista MRT as compared to One-North Residences, One-North Eden and the upcoming condo on Parcel B.

In addition, abundant greenery right beside Blossoms By The Park.

One-north Park is a 3.24ha park located on the hilly terrain next to Biopolis. It is a park corridor that connects developments among one-north.

In addition, there is a continuous vertical waterfall of 83m long at the park.

The nearest MRT station

• Buona Vista MRT (3 min walk, 300 m distance)

Shopping nearby

• Rochester Mall
• Star Vista

Primary Schools nearby

Within 1 km radius: Fairfield Methodist School

Between 1 – 2 km: Henry Park Primary School, New Town Primary School

International Schools nearby

• Tanglin Trust School (IB, British)
• ACS International Singapore (IB, British, Methodist)
• Anglo Chinese School (IB, Methodist)
• United World College Dover Campus (IB, British)
• Dover Court International School (IB, British)

In addition, National University of Singapore (NUS) and Singapore Polytechnic is within close proximity.

Future Potential, Exit Strategy

(1) Circle Line 6 extension 

The Circle Line 6 (CCL6) extension will add 3 stations between HarbourFront and Marina Bay MRT stations, closing the loop for CCL.

From 2025, the nearest train station from Blossoms By The Park, Buona Vista MRT will have direct access to Marina Bay.

This will come before the condo is ready.

(2) Greater Southern Waterfront

The Greater Southern Waterfront (GSW)…

The southern coast along Pasir Panjang to Marina East will be transformed into a new major gateway and location for urban living.

Development will take place in phases, starting with the former Pasir Panjang Power District, Keppel Club and Mount Faber in the next 5 to 10 years.

And this will be the largest transformation in Singapore’s history.

You may refer to my video to understand what are the future developments of GSW in the next 10 years.

(3) The Second CBD

Jurong Lake District will be transformed into the second Central Business District (CBD) of Singapore in time to come.

And we are just 3 stops away from the heart of Jurong East.

Jurong Lake District will extend seamlessly into a new 120-hectare precinct, which will have a balanced mix of offices, housing, and amenities in a car-lite and park setting.

This precinct will be developed over the next 30 years and served by 2 new MRT stations.

Developer’s Background

Blossoms By The Park is developed by our successful homegrown developer, EL Development.

They build residential projects and industrial developments in Singapore since 2007 and won multiple awards such as Asia Pacific Property Awards Singapore and FIABCI World Prix d’Excellence Awards and BCA Quality Mark Excellent Award in 2021.

Here are their portfolio:

Blossoms By The Park Floor Plan

TBA

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Blossoms By The Park Pricing & Analysis

For now, we don’t have the official price yet.

With the highest interest rates and inflation, the developer will incur a lot more hidden cost.

Therefore, I am not using EdgeProp’s estimated breakeven cost to gauge the developer’s selling price.

But instead, I will estimate the selling price based on the market price in the surroundings.

The nearest resale condo, One-North Residences, 14-year-old, is now transacted close to $1,600psf. But the supply is mainly the large 1 and 2 bedroom unit types.

The most recent new launch condo, One-North Eden, launched in 2021.  It is already fully sold and the highest price record over $2,200psf. How much do you think the owners will sell upon TOP? At least $2,400psf?

With the nearer distant to Buona Vista MRT, Blossoms By The Park is more sought-after than the rest. I would expect $2,400psf could be the average selling price.

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