Blossoms By The Park

D5 (RCR) 99 yrs lease commencing from 2022

Blossoms By The Park is a 99-year leasehold condominium located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), part of the Rest of Central Region (RCR). The development was completed in 2023 and comprises 275 units, on a lease that commenced in 2022. Sale and rental figures on this page are compiled from URA transaction records.

District 5 ·99 yrs lease commencing from 2022 ·Completed 2023
~$2,355 Avg PSF (12-month)
Rental yield
275 Total units
Category Ratings
Facilities
7.5
Unit size & layout
7.5
Value for money
6.5
Neighbourhood
9.0
MRT accessibility
9.5
Lease remaining
7.5

Overview & Key Facts

Blossoms by the Park is a 275-unit mixed-use condominium developed by EL Development, rising 27 storeys from a compact site at 9 Slim Barracks Rise in the heart of Singapore’s one-north innovation district. Completed in 2023 on a 99-year lease from 2022, the development occupies one of the most strategically positioned residential plots in District 5 — sitting directly between the Buona Vista MRT interchange and the sprawling one-north business park that houses Biopolis, Fusionopolis, and Mediapolis. Ground-floor commercial units add a self-contained retail layer, while upper floors enjoy panoramic views across the one-north parklands and beyond.

One-north is often described as Singapore’s answer to Silicon Valley — a 200-hectare knowledge hub that employs over 50,000 researchers, entrepreneurs, and tech workers daily. For residents of Blossoms by the Park, this translates into a captive rental pool that few competing developments can match. The development’s plot ratio of 3.0 — the highest in this residential cluster — means that high-floor units in the single 27-storey tower command unblocked views in multiple directions, a significant advantage over lower-rise neighbours.

At a current average of $2,390 psf, Blossoms trades at a premium to nearby Normanton Park ($1,864 psf) and Parc Clematis ($1,880 psf), but the MRT interchange proximity and one-north address command that differential. The key question for buyers is whether the premium for a brand-new unit steps from an interchange station justifies the gap over larger, more established competitors in the Queenstown corridor.

Developer
EL Development (Buona Vista) Pte Ltd/EL Development (One-North) Pte Ltd
Tenure
99 yrs lease commencing from 2022
Total units
275
TOP year
2023
District
5 — RCR
Street
SLIM BARRACKS RISE
Lease remaining
~95 years (of 99)

Location & Connectivity

Location is the defining asset of Blossoms by the Park. Buona Vista MRT interchange — where the East-West Line meets the Circle Line — sits just 330 m from the front gate, delivering residents to Raffles Place in roughly 20 minutes and to Dhoby Ghaut in 15. One-north MRT on the Circle Line is 590 m away, giving the development a secondary station within comfortable walking distance. Few RCR condominiums anywhere in Singapore can claim two MRT stations within 600 m, one of which is a dual-line interchange.

Buona Vista interchange connects the East-West Line (east to Changi, west to Jurong) and the Circle Line (looping through Holland Village, Botanic Gardens, Bishan, and Paya Lebar). This dual-line access makes Blossoms by the Park one of the best-connected RCR developments in District 5.

The one-north precinct itself provides a walkable ecosystem of dining and amenities. The Star Vista mall is directly across Buona Vista station, offering a Cold Storage supermarket, food court, and retail shops. Rochester Mall and Timbre+ food hall are both under a ten-minute walk. For more comprehensive retail, Holland Village is one Circle Line stop away. Ghim Moh Market & Hawker Centre, a beloved local food destination, is an easy 15-minute stroll through the Nepal Hill park connector.

Schools in the vicinity lean toward international and tertiary institutions — Dover Court International School sits 800 m away and UWCSEA Dover 920 m. For local primary schools, Fairfield Methodist Primary is 1.16 km away, placing it just outside the coveted 1 km ballot priority. NUS and Singapore Polytechnic are both a short MRT ride away, adding student and faculty tenants to the rental demand pool. The walkability score of 73/100 reflects a genuinely pedestrian-friendly neighbourhood anchored by the one-north park network and commercial cluster.


Schools & Education

Nearby Schools
SchoolTypeDistance
Dover Court International SchoolinternationalWithin 1 km
United World College of South East Asia (Dover)internationalWithin 1 km
Commonwealth Secondary SchoolsecondaryWithin 1 km
River Valley High Schoolsecondary~1.1 km
River Valley High School (JC)jc~1.1 km
Dulwich College (Singapore)international~1.4 km
Queensway Secondary Schoolsecondary~1.4 km
Global Indian International School (GIIS Queenstown)international~1.4 km

Facilities

For a single-tower, 275-unit development, Blossoms by the Park delivers a sensible but not extravagant roster of facilities. The centrepiece is a 50 m lap pool that runs along the north-south axis of the site, flanked by a wellness pool, children’s play pool, and poolside cabanas. A fully equipped gymnasium, steam room, and yoga lawn serve the fitness crowd, while the function room, entertainment room, and BBQ pits handle social gatherings. A sky terrace on the upper levels offers an elevated vantage point across the one-north parklands and towards Bukit Timah.

The ground-floor commercial units — a handful of retail and F&B shops opening directly onto the public plaza — add a self-contained convenience layer that most pure-residential competitors lack. Residents can grab a coffee or pick up essentials without leaving the development, a small but meaningful daily convenience that complements the nearby Star Vista and Rochester Mall offerings.

“The facilities are well-proportioned for the number of units. The 50-metre pool is the standout — it never feels crowded. I do wish the gym were a bit larger, but the steam room is a nice touch you don’t always see in a development this size. The ground-floor shops are genuinely useful — having a cafe and minimart right downstairs saves a trip to Star Vista on lazy evenings.”

— Owner-occupier, two-bedroom, since TOP 2023

What the development lacks is the scale of its larger neighbours. There is no tennis court, no full-sized function hall, and no dedicated co-working space — amenities that the 2,000-unit Normanton Park and 1,468-unit Parc Clematis provide. For a boutique development, however, the facilities-to-unit ratio is competitive, and the intimate estate feel means shorter lift waits and less crowding at peak hours.


Unit Sizes & Layout

Blossoms by the Park offers a mix of one- to four-bedroom configurations spread across its single 27-storey tower. Unit sizes are typical of recent RCR new launches — compact but efficiently planned, with predominantly regular, squarish layouts that minimise wasted corridor space. Kitchens come fitted with branded appliances and engineered stone countertops, while bathrooms feature wall-hung vanities and rain showers. Ceiling heights are a standard 2.8 m for most floors, with penthouse and select levels receiving additional height.

Layout tip: For own-stay, the two-bedroom-plus-study configurations offer the best balance — the study can double as a home office, a necessity for the many tech and research professionals working in the one-north precinct. For investors targeting the tenant pool, compact two-bedroom units in the $1.3–$1.5M range hit the sweet spot for rental demand.

Higher-floor units are the crown jewels. Because Blossoms sits on the highest-plot-ratio site in the residential cluster (3.0), units above the 20th floor enjoy unblocked views toward both the north (Bukit Timah ridge) and south (Kent Ridge and the Southern Ridges). Lower floors face into the one-north park connector greenery, which provides pleasant tree-canopy views but limited distance vistas. The single-tower design means only four to six units per floor on typical levels, reducing the corridor-sharing that plagues large developments.

A notable trade-off is the compact balcony sizing — EL Development has maximised indoor floor area at the expense of outdoor space, which suits the air-conditioned Singapore lifestyle but disappoints buyers who value al fresco dining areas. Storage is also limited in the smaller configurations, a common shortcoming in new-launch RCR developments.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR73$2,478$1,573,288
2 BR101$2,456$2,011,257
3 BR76$2,428$2,770,013
4 BR26$2,362$3,591,192

Pricing & Market Position

Across 276 recorded transactions (all-time), sale prices range from $1,298,000 to $3,800,000, averaging $2,253,185.

Over the last 12 months, transactions averaged $2,355 psf.

BLOSSOMS BY THE PARK sits at the 1st percentile of District 5 condo PSF.

Price Appreciation

From 2023 to 2026, the average PSF has declined by 5.3% (from $2,443 to $2,314 psf).

2024
+3.1%
$2,520 psf
2025
-5.3%
$2,387 psf
2026
-3%
$2,314 psf

BLOSSOMS BY THE PARK prices have cooled 8.2% from the 2024 peak, yet remain 5.3% below where the series began in 2023.

Price Index Check

The ShiokNest Price Index for District 5 reads 134.8 as of June 2026 — down 5.5% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

In the District 5 RCR corridor, Blossoms by the Park ($2,390 psf, 99-year from 2022) competes with three established neighbours: Normanton Park ($1,864 psf, 99-year) is a 1,862-unit mega-development with resort-scale facilities and its own MRT proximity via Kent Ridge station, offering a 22% lower entry price but significantly higher density. Parc Clematis ($1,880 psf, 99-year) delivers 1,468 units near Clementi MRT with the advantage of the Clementi town centre ecosystem. The upcoming Elta ($2,557 psf) at Clementi Avenue 1 trades at a further premium but is closer to Clementi MRT.

Blossoms’ competitive moat is the combination of Buona Vista interchange access and the one-north address — a pairing that no competitor replicates. Normanton Park and Parc Clematis offer better value per square foot and larger facilities rosters, but neither sits within 400 m of an interchange station nor benefits from the same captive professional-tenant ecosystem. For buyers who prioritise location precision over space and scale, Blossoms occupies a niche that the larger developments cannot match.

District 5 Comparables
DevelopmentTenureTOPUnits~Avg PSF
BLOSSOMS BY THE PARK99 yrs lease commencing from 20222023275$2,355
LANDED HOUSING DEVELOPMENTFreehold2021156$1,863
NORMANTON PARK99 yrs lease commencing from 201920211,840$1,868
PARC CLEMATIS99 yrs lease commencing from 201920211,450$1,897
ELTA99 yrs lease commencing from 20242025501$2,556
FABER RESIDENCE99 yrs lease commencing from 20252025399$2,160

Lease Decay Analysis

The 99-year lease runs from 2022, meaning approximately 4 years have already been consumed. Roughly 95 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~95 yearsFull bank financing available
2052~69 yearsCPF usage still unrestricted for most buyers
2061~59 yearsApproaching 60-year threshold — CPF limits begin for some
2081~39 yearsSignificant financing restrictions for next buyer
2121ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~85 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates BLOSSOMS BY THE PARK across multiple dimensions.

Walkability
100/100
MRT: 25/25, School: 20/20, Hawker: 15/15, Mall: 15/15, Park: 10/10, Supermarket: 10/10, Clinic: 5/5
Investment
49/100
-1.3% YoY ·No data ·13 txns/yr ·95 yrs left ·0.33 km to MRT ·-4.5% district YoY ·En-bloc 27/100
Profitability
40/100
Win rate: 75 — 8 transaction pairs, 75% profitable, avg +$31,495
En-Bloc Potential
27/100
Verdict: Low
Overall ShiokNest Score
57/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“I work at Fusionopolis and my commute is literally a seven-minute walk through the park connector. That alone justified the purchase. On weekends, Star Vista and Holland Village are both within easy reach. The building is quiet — most residents are professionals, and the 275-unit size means you actually recognise your neighbours.”

— Owner-occupier, one-bedroom-plus-study, since 2023

“We moved from a larger condo in Clementi and the trade-off was space for convenience. The unit is smaller than what we had, but having Buona Vista MRT three minutes away and the kids’ international school within walking distance makes the morning routine so much easier. The ground-floor cafe has become our weekend ritual.”

— Family of four, three-bedroom, since 2024

“I bought a two-bedder here as a rental investment. Tenant demand has been excellent — the one-north address practically markets itself to expat professionals on relocation packages. My concern is whether the $2,400 PSF holds up against Normanton Park at $1,864 just down the road. For now, the rental income is solid, but the capital appreciation story is less certain.”

— Investor-owner, two-bedroom, tenanted since 2024

Strengths & Weaknesses

Strengths
  • Buona Vista MRT interchange (EWL + CCL) just 330 m away — among the best MRT access in any RCR condo
  • Heart of one-north innovation district with 50,000+ knowledge workers creating strong rental demand
  • Ground-floor commercial units add daily convenience (cafe, retail) within the development
  • 50 m lap pool, wellness pool, steam room, sky terrace — well-proportioned for 275 units
  • Single-tower design with only 4–6 units per floor reduces crowding and lift wait times
  • High-floor units (above 20th) enjoy unblocked views in multiple directions thanks to highest plot ratio in cluster
  • Star Vista, Rochester Mall, Timbre+, and Holland Village all within walking distance or one MRT stop
  • Walkability score of 73/100 — genuinely pedestrian-friendly neighbourhood
  • 95 years remaining on lease — full CPF and bank financing eligibility
Weaknesses
  • Premium PSF ($2,390) versus Normanton Park ($1,864) and Parc Clematis ($1,880) — 22–28% more expensive
  • No tennis court, no full function hall, no co-working space — smaller facilities roster than mega-development neighbours
  • Compact balconies — indoor area maximised at expense of outdoor living space
  • Limited storage in smaller configurations — common new-launch trade-off
  • PSF trend volatile ($2,443 → $2,520 → $2,387 → $2,400) — market still finding equilibrium
  • No local primary school within 1 km ballot priority zone
  • Single-tower design means all units share one lift lobby — potential bottleneck at peak hours
  • International schools nearby (Dover Court, UWCSEA) carry substantial tuition fees

Who This Actually Suits

Buyers most likely to be happy here: families with young children, mrt-walkable commuters, international school families and yield-focused investors. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

Blossoms by the Park is a compelling proposition for buyers who want to live at the doorstep of Singapore’s innovation economy. The 330 m walk to Buona Vista interchange — a dual-line station connecting the East-West and Circle Lines — is the headline advantage, and no competing development in the one-north cluster matches it. The captive rental pool of 50,000+ knowledge workers in the adjacent business parks underpins tenant demand, and the ground-floor retail adds a layer of daily convenience that pure-residential neighbours lack.

At $2,390 psf, however, buyers are paying a meaningful premium over Normanton Park ($1,864) and Parc Clematis ($1,880) — both larger developments with more extensive facilities and competitive MRT access of their own. The PSF trend has been volatile: $2,443 to $2,520, then back down to $2,387 and $2,400 in recent quarters, suggesting the market is still searching for a stable equilibrium. With 95 years remaining on the lease, CPF and financing are fully accessible, but the long-term trajectory of a 99-year leasehold in an area without strong landed-housing benchmarks remains an open question.

For owner-occupiers in the biotech, media, or tech sectors who work in one-north, Blossoms by the Park is hard to beat — walk to work, walk to MRT, walk to dinner. For investors, the rental fundamentals are strong but the entry PSF requires confidence that the one-north precinct will continue to appreciate as the innovation cluster matures.

HDB Alternatives Nearby

Weighing BLOSSOMS BY THE PARK against staying public? These HDB towns sit within walking or short-drive distance:

  • Queenstown — 4-room average $1,008,380 (370m away), an upgrader gap of about $1,250,000

Frequently Asked Questions

How far is Blossoms by the Park from Buona Vista MRT?
Buona Vista MRT interchange is approximately 330 m from the front gate — about a 3–4 minute walk. The station serves both the East-West Line and the Circle Line, providing dual-line connectivity to the CBD, Changi, Jurong, and the full Circle Line loop.
What is the rental demand like at Blossoms by the Park?
Rental demand is strong, driven by the 50,000+ knowledge workers employed in the adjacent one-north business park (Biopolis, Fusionopolis, Mediapolis). Expat professionals on relocation packages are the primary tenant demographic, attracted by the interchange MRT access and walkable precinct.
How does the PSF compare to nearby condos?
At $2,390 psf, Blossoms trades at a 22–28% premium over Normanton Park ($1,864 psf) and Parc Clematis ($1,880 psf). The premium reflects the closer MRT interchange proximity and the one-north address. The upcoming Elta nearby trades even higher at $2,557 psf.
Are there any schools within 1 km?
Dover Court International School (800 m) and UWCSEA Dover Campus (920 m) are the nearest schools. No local MOE primary school falls within the 1 km priority-enrolment radius. Fairfield Methodist Primary sits at approximately 1.16 km.
What commercial amenities are on-site?
The ground floor includes several commercial units housing a cafe, retail shops, and F&B outlets that open onto a public plaza. These complement the nearby Star Vista mall (Cold Storage supermarket, food court) directly across Buona Vista MRT station.
How many years are left on the lease?
The 99-year lease commenced in 2022, leaving approximately 95 years remaining. This provides full eligibility for CPF usage and maximum bank loan tenure for the foreseeable future.
Data as of July 2026

Latest recorded data point: Jul 2026 · 276 records analysed · Source: URA private-sale caveats