13/10/2026
Same one-north area. About $500 psf cheaper land.
In March 2026, the Dover Drive GLS site near one-north MRT drew six bidders and a top bid of $951M. That works out to $1,556 psf ppr, a new benchmark for RCR land.
Hudson Place Residences sits on land bought a year earlier at $1,037 psf ppr. That is a gap of about $519 psf ppr.
Why it matters: land cost sets the floor for launch prices. One analyst estimate puts the future Dover Drive launch from about $3,100 psf. Hudson Place is available today from $2,468 psf.
Quick update on Hudson Place:
- 327 units at Media Circle, District 5
- 201 units sold on launch weekend in May 2026, at an average of $2,458 psf
- Next to the Mediapolis and Fusionopolis hubs, minutes to the Rail Corridor
- Estimated TOP: Sep 2029
My take: cheaper land is a head start, not a guarantee. Look at the total price, not just the psf, and be honest about the walk to the MRT.
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Land prices from URA GLS tender results, via EdgeProp. Dover Drive launch price is an analyst estimate. Hudson Place pricing is subject to change and availability.