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Blossoms by the Park One-North — Investment & Rental Guide 2026
Table of Contents
Blossoms by the Park — One-North Gem
Blossoms by the Park occupies a strategic freehold-adjacent position along Slim Barracks Rise in the Queensway precinct of District 05. Developed by EL Development and launched in 2023, the 275-unit condominium is positioned as a mid-market development that punches well above its weight in terms of location fundamentals. The project sits on a 99-year leasehold tenure, which is the dominant tenure for new launches in the one-north catchment.
What sets Blossoms apart is its immediate adjacency to the Rochester Park enclave — one of Singapore’s most established low-density, upmarket residential pockets. This neighbourhood character, combined with the development’s proximity to both one-north MRT station on the Circle Line and Queenstown MRT station on the East-West Line, creates a compelling live-work-play proposition that investors should not overlook.
The development’s unit mix caters to a broad spectrum of buyer and tenant profiles, from compact one-bedroom apartments suited to young professionals to larger three-bedroom layouts ideal for families relocating with NUS faculty appointments or senior biotech executives. At launch prices ranging between $2,100 and $2,500 psf, Blossoms offered competitive entry pricing relative to surrounding resale comparables in District 05 — a price point that remains relevant for secondary market investors evaluating opportunities in 2026.
Rental Market Analysis
The one-north submarket commands some of the most resilient rental demand in Singapore, underpinned by a dense concentration of high-income tenants who prioritise proximity to their workplace. The key tenant cohorts for Blossoms by the Park include:
- Technology professionals at Fusionopolis — Home to multinational tech firms, media companies, and R&D centres, Fusionopolis employs thousands of knowledge workers who command salaries that comfortably support premium rents in the $3,500–$6,500 per month range for one- to three-bedroom units.
- Biomedical and life sciences researchers at Biopolis — As Singapore’s flagship biomedical sciences hub, Biopolis houses A*STAR research institutes, pharmaceutical giants, and biotech startups. Many researchers are expatriates on multi-year contracts, providing stable, medium-term tenancy profiles with corporate housing allowances.
- NUS academics and visiting faculty — The National University of Singapore is within walking distance of Blossoms by the Park. Visiting professors, post-doctoral fellows, and senior academic staff frequently seek quality rental accommodation in the immediate vicinity, often with university-subsidised housing budgets.
- Expatriate families and executives — The Rochester Park area has long been a preferred address for expatriate families due to its leafy, low-density character, proximity to international schools, and established F&B scene along Rochester Drive.
Current rental yields for well-located one-north condominiums range between 3.2% and 4.0% gross, depending on unit size, floor level, and furnishing quality. Blossoms’ modern specifications and proximity to the MRT position it favourably within this yield band. Investors should note that furnished units in this submarket typically command a 10–15% rental premium over bare units, with strong demand from short-term assignees and corporate tenants.
Unit Mix and Prices
The following table summarises the indicative unit mix and launch pricing for Blossoms by the Park. Actual transaction prices may vary based on floor level, orientation, and market conditions at the point of purchase.
| Unit Type | Approx. Size (sq ft) | Launch Price Range (psf) | Est. Rental (Monthly) | Gross Yield Estimate |
|---|---|---|---|---|
| 1-Bedroom | 450 – 520 | $2,100 – $2,350 | $3,200 – $3,800 | 3.5% – 4.0% |
| 2-Bedroom | 650 – 780 | $2,150 – $2,400 | $4,200 – $5,200 | 3.4% – 3.8% |
| 3-Bedroom | 950 – 1,100 | $2,200 – $2,500 | $5,500 – $6,800 | 3.2% – 3.7% |
| Dual-Key / Premium | 1,000 – 1,250 | $2,250 – $2,500 | $6,000 – $7,500 | 3.3% – 3.8% |
Smaller unit types generally deliver higher yields due to their lower absolute quantum and strong demand from single professionals and couples working in the one-north precinct. Three-bedroom units, while yielding slightly lower percentages, attract more stable family tenants with longer lease tenures and lower turnover risk.
One-North Ecosystem — Why Tech Workers Pay Premium Rent
The one-north precinct is not merely another business park. It is Singapore’s designated innovation district, purpose-built to cluster technology, media, and
