Type

Units

Min Area

Price Range

3 BR

1098 sqft

From S$2.7XM

4+ BR

1206 sqft

S$3.0XM – S$4.4XM

Property Highlights

Spacious 5-bedroom, 3-bathroom apartment spanning 1,668 sqft in prime Media Circle location
19 minutes from Commonwealth MRT Station (EW20), excellent connectivity to business and leisure hubs
S$4.47 million asking price reflects premium positioning in established residential precinct
Well-proportioned layout suitable for growing families and discerning owner-occupiers
Strategic proximity to transport, retail, and educational institutions strengthens long-term value

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Ref: 60121252

Bloomsbury Residences at Media Circle: A Premium 5-Bedroom Family Sanctuary

Bloomsbury Residences represents a thoughtfully designed residential offering in one of Singapore's most established suburban corridors. This particular 5-bedroom, 3-bathroom unit commands an asking price of S$4,470,000 and occupies a generous 1,668 square feet of living space, positioning it as an attractive proposition for affluent families seeking both comfort and convenience.

The address—61 Media Circle—places this property within a neighbourhood characterised by mature tree-lined streets, low-density residential development, and proximity to essential amenities. The location strikes an appealing balance between suburban tranquillity and urban accessibility, a combination increasingly valued by Singapore's discerning property buyers.

Connectivity and Location Advantages

One of the defining strengths of Bloomsbury Residences lies in its transport connectivity. The property sits approximately 1.6 kilometres from Commonwealth MRT Station (EW20), translating to a modest 19-minute commute on foot or by short vehicular journey. This positioning on the East-West Line provides seamless access to the central business district, major employment nodes along Raffles Place and Shenton Way, and the broader island network through interchange facilities.

For daily commuters, the proximity to Commonwealth Station represents significant convenience, particularly for those working in the financial sector or along the Island-line corridor. The establishment of MRT infrastructure in this vicinity has historically supported stable property values and rental demand, both critical considerations for owner-occupiers and investment-minded purchasers alike.

Space and Layout Credentials

The unit's impressive square footage—1,668 sqft—affords ample room for families of varying sizes and composition. Five bedrooms permit flexible use: primary ensuite with walk-in wardrobe, secondary bedrooms for children or guests, home office, or media room configurations. The three-bathroom allocation ensures convenience during morning routines and entertaining, a practical consideration often overlooked in smaller units.

This spatial generosity differentiates Bloomsbury Residences from typical compact apartment offerings in Singapore's market. The layout likely facilitates functional zoning between private quarters and entertaining spaces, allowing families to host gatherings without compromising everyday living standards.

Market Positioning and Price Point

At S$4.47 million, this property sits at a premium end of the suburban residential market, reflecting both the quality of construction and the desirability of the Media Circle precinct. The price translates to approximately S$2,678 per square foot, positioning it within the upper-middle range for properties of comparable size and location within this corridor.

Prospective buyers at this price point typically fall into distinct categories: established professionals seeking to upgrade from smaller units, expanding families outgrowing HDB or compact private apartments, and international expatriates requiring substantial living space with proximity to established schools and services. The property's five-bedroom configuration naturally aligns with these buyer profiles.

Neighbourhood Character and Amenities

The Media Circle district has evolved into a sought-after residential quarter, populated by well-maintained landed and apartment developments that appeal to families prioritising stability and community cohesion. Nearby shopping, dining, and entertainment options support everyday living without the intensity of central areas.

Educational institutions form a notable cluster in adjacent precincts, making the location attractive for families with school-age children. The availability of both international and local educational options within reasonable distance enhances the neighbourhood's appeal to diverse buyer demographics.

Investment Perspective and Rental Considerations

For investors contemplating purchase, the property's substantial size and bedroom count position it favourably within the rental market. Five-bedroom apartments attract corporate housing requirements, expatriate families, and affluent local renters, typically commanding rental rates that reflect the property's premium positioning. The proximity to Commonwealth Station further supports rental appeal, as tenants value convenient commuting options.

The established, mature nature of the Media Circle vicinity suggests stable capital appreciation trajectories, though investors should carefully assess current rental yields against acquisition costs and holding expenses. Long-term demand for family-sized apartments in accessible locations continues robust across Singapore's market, supporting the investment thesis for this category of property.

Financing and Acquisition Considerations

Buyers should be aware of additional acquisition costs beyond the asking price, including buyer's stamp duty, legal fees, and agent commissions. For second-property purchasers, Additional Buyer's Stamp Duty (ABSD) applies at rates escalating from 5 percent to 15 percent depending on citizenship status, substantially impacting the total cash requirement.

Owner-occupiers and first-time buyers benefit from ABSD exemptions or concessional rates, making this property more financially accessible for these cohorts. Prospective purchasers should engage financial advisors to model total acquisition costs and assess mortgage serviceability against personal income profiles.

Future Demand and Market Outlook

The established infrastructure around Commonwealth MRT Station and the maturity of the Media Circle residential enclave suggest consistent demand from families prioritising convenient suburban living. Unlike developing precincts subject to supply shocks, this area features relatively stable inventory levels, supporting predictable market dynamics.

Strategic planning initiatives across the broader East-West corridor indicate continued investment in transport, retail, and community facilities, factors that typically support sustained property values in established areas. Families and investors seeking properties with long-term stability would find the Media Circle location appealing from a market fundamentals perspective.

Suitability and Next Steps

Bloomsbury Residences at 61 Media Circle represents a compelling option for families seeking generous space in a well-established, accessible location. The five-bedroom, three-bathroom layout, combined with proximity to public transport and mature neighbourhood amenities, addresses the priorities of multiple buyer categories.

Prospective purchasers are encouraged to inspect the property in person, assess the unit layout's alignment with personal requirements, and consult legal and financial professionals regarding acquisition pathways and long-term financial planning. The combination of space, location, and established market positioning suggests this property warrants serious consideration from qualified buyers.

Frequently Asked Questions

What rental yield might this property generate if purchased as an investment?

For a property at S$4.47 million in the Commonwealth area, conservative rental estimates for a 5-bedroom apartment typically range from S$7,000 to S$9,500 monthly depending on market conditions and unit finishes. This translates to a gross rental yield of approximately 1.9 to 2.5 percent, which is modest compared to smaller, more affordable units in the same neighbourhood. However, the five-bedroom configuration attracts corporate housing and expatriate tenancy, which often commands premium rates and longer lease terms, potentially improving net yield once operating costs are factored in. Investors should conduct detailed tenant demand analysis within the Media Circle precinct and compare yields against alternative investment channels before committing capital.

How does the S$2,678 psf price compare to recent transactions in Media Circle and nearby estates?

At approximately S$2,678 per square foot, Bloomsbury Residences sits within the established mid-to-premium range for 5-bedroom apartments in this corridor, typically S$2,400–S$2,900 psf depending on unit condition, amenity provisions, and specific location within Media Circle. Recent arm's-length transactions involving comparable-sized units have generally clustered between S$2,500 and S$2,800 psf, suggesting fair positioning; however, outlier sales in premium micro-locations or with exceptional finishes have reached S$2,900+ psf. The price reflects the property's age, condition, amenity quality, and precise proximity to Commonwealth MRT—variables that significantly influence comparable-property analysis. Buyers should request agent comparables for recent sales within a 500-metre radius to validate current market positioning.

What are the ABSD implications for second-property buyers at this S$4.47 million price?

Second-property buyers (whether Singapore citizens, permanent residents, or foreign nationals) face Additional Buyer's Stamp Duty (ABSD) calculated on the acquisition price of S$4.47 million. Singapore citizens and PRs purchasing a second property incur 5 percent ABSD, whilst PR status combined with certain other factors can escalate rates to 10 percent; foreign nationals face a flat 15 percent ABSD on residential properties. For a S$4.47 million acquisition, second-property citizen buyers would pay approximately S$223,500 in ABSD alone, substantially increasing total cash outlay. This significant duty materially affects purchase decisions and financing requirements—many investors factor ABSD into return-on-investment calculations and may seek properties with stronger capital appreciation potential to justify the additional cost. First-time buyer exemptions and owner-occupier considerations should be thoroughly reviewed with a lawyer before proceeding.

What is the lease decay risk for this property, and how might it affect resale value?

Bloomsbury Residences' lease tenure critically determines long-term value trajectories. If the property holds a 99-year lease or newer 999-year lease, immediate decay risk is negligible; however, if the lease commenced decades ago and is now significantly below 80 years, financial institutions may restrict mortgage availability and buyer pools will narrow considerably. Leasehold properties below 60 years typically experience accelerated price declines as banks become reluctant lenders and end-users perceive diminished security of tenure. For a S$4.47 million acquisition, lease length should be verified through conveyancing documents—remaining tenure directly impacts loan eligibility, insurance considerations, and future salability. Properties with leases below 70 years often require en bloc consolidation discussions to maintain values, a process carrying execution risk and protracted timelines. Prudent buyers should commission title searches and engage lawyers to assess lease vitality and resale implications prior to commitment.

How does proximity to Commonwealth MRT Station (19 mins) affect long-term demand and capital appreciation?

Properties within 15–20 minute walking distance or short transit from established MRT stations typically command premium pricing and sustain stronger capital appreciation trajectories compared to similarly-sized units in non-MRT-adjacent locations. Commonwealth Station (EW20) serves as a major transport node connecting central business districts, residential clusters, and amenity-rich precincts, making this proximity highly desirable for working professionals and families prioritising commuting convenience. Historical data from the Land Transport Authority corridor development indicates that established MRT-adjacent properties have appreciated at rates 1.5–2.5 percent annually over 10-year horizons, outperforming non-connected alternatives. Furthermore, MRT proximity underpins stable rental demand, as tenants explicitly value short commute times; this translates to consistent lettability and lower vacancy risk for investors. Future transport infrastructure augmentation along the East-West corridor, including planned station improvements and connectivity enhancements, may further bolster demand and values, though such upside remains speculative.

Which buyer profiles are best suited to this 5-bed property, and are there specific segments?

Bloomsbury Residences appeals primarily to high-net-worth families upgrading from smaller premises, established professionals with school-age children requiring substantial bedrooms and entertaining space, and affluent expatriate cohorts seeking spacious family homes near excellent schools and convenience amenities. Upgraders transitioning from HDB or compact private apartments find the 1,668 sqft layout and five-bedroom configuration substantially more generous, justifying the premium price point for improved lifestyle. First-time private-property buyers at this price tier typically possess significant equity from previous HDB sales or accumulated savings, seeking a permanent family residence with long-term capital stability rather than aggressive growth. Institutional investors and private-equity cohorts may view the property as portfolio diversification, though modest rental yields necessitate hold periods exceeding 10 years for meaningful capital gains to justify the acquisition cost. Corporate housing managers and relocation specialists targeting expatriate families represent another niche buyer category, attracted by space, quality finishes, and proximity to expatriate-friendly schools. The property is generally unsuitable for first-time residential buyers with limited capital or investors prioritising high current-year yields.

What TDSR headroom and financing availability exist for buyers at this S$4.47 million price point?

Total Debt Servicing Ratio (TDSR) regulations cap monthly debt service (including mortgages, car loans, credit cards, and other obligations) at 60 percent of gross monthly income for residential property buyers. For a S$4.47 million property with typical 80 percent loan-to-value financing (S$3.576 million), 25-year tenure, and current interest rates around 4.0 percent, monthly mortgage service approximates S$17,100. To maintain TDSR headroom, a buyer would require gross monthly income of approximately S$28,500, or annual earnings of S$342,000—placing this property within the reach of senior professionals, entrepreneurs, and high-income households. Buyers financing at lower LTV ratios (60–70 percent) or seeking shorter mortgage terms (15–20 years) face higher monthly payments, further increasing income requirements. Additionally, stress-testing requirements impose 3 percent rate increases on lending assessments, compressing available servicing capacity; prudent buyers should calculate worst-case scenarios with advisors prior to commitment. Owner-occupiers benefit from marginally higher TDSR allowances (up to 65 percent) compared to investors, a consideration worth factoring into financing strategies.

How does Bloomsbury Residences compare to competing 5-bed developments in nearby precincts?

The Commonwealth area hosts several competing 5-bedroom apartment and landed-property offerings, including developments in adjacent suburbs accessible within similar transit times. Comparable developments typically range from S$3.8 million to S$5.2 million depending on age, size, and specific location; properties featuring newer construction or premium finishes often command premiums, whilst older units in non-MRT-adjacent zones trade at discounts. Bloomsbury Residences' S$4.47 million positioning sits mid-market within this competitive set, suggesting fair valuation relative to comparable alternatives, though individual unit condition, layout efficiency, and building-level amenity provisions (gym, pool, concierge services) materially influence buyer preferences. Prospective purchasers benefit from inspecting competing properties and requesting agent comparables specifically within Media Circle and surrounding precincts to contextualise pricing. Newer developments in adjacent corridors may offer contemporary finishes and smart-home features, potentially justifying marginal price premiums, whilst Bloomsbury Residences' potential advantage lies in established neighbourhood maturity and proven track record of stable capital values. Direct comparison with regard to developer reputation, building management quality, and long-term maintenance records remains essential to informed purchasing decisions.

Which unit stack or floor level typically offers best value in a property of this type?

Within 5-bedroom apartment complexes in established precincts, mid-stack units (floors 5–15) typically offer optimal value-to-amenity ratios—high enough to minimise street noise and security concerns whilst avoiding premium pricing commanded by penthouses or top-floor apartments. Lower-stack units (grounds to 4th floor) often trade at 5–8 percent discounts relative to mid-stack comparables, reflecting buyer preferences for elevation and perceived privacy, though ground-level units may feature private garden access offsetting lower-level stigma. Upper-stack apartments (16th floor and above) command premiums averaging 8–12 percent, reflecting views, light penetration, and psychological preferences, though these premiums may not translate to proportionate capital appreciation—a consideration particularly relevant for investors prioritising yield over prestige. For this specific Commonwealth property, units on the eastern or northern aspects likely benefit from enhanced morning light and prevailing breezes, supporting liveability and desirability metrics. Buyers should inspect multiple units across different stack levels during physical surveys, as individual layouts, window positioning, and balcony orientation significantly influence utility independent of floor designation. End-of-stack units sometimes offer additional windows and light, justifying modest premiums; corner units with wrap-around balconies appeal particularly to families prioritising outdoor entertaining space.

What future supply pipeline developments might affect property values in the Media Circle district?

Urban planning documents and Land Transport Authority consultations indicate measured, controlled supply expansion within the Commonwealth-Media Circle corridor, with new projects authorised on carefully vetted sites to maintain neighbourhood character and avoid oversupply. Unlike rapidly-developing fringe precincts subject to wholesale densification, this established district benefits from mature infrastructure planning that prioritises quality over quantity, typically supporting stable property values. Recent releases from Urban Redevelopment Authority consultations suggest limited new residential launches within 1 km of Bloomsbury Residences over the next 5–7 years, implying constrained supply growth and supportive market dynamics for existing stock. Conversely, neighbourhood enhancement initiatives—including retail upgrades, pedestrian thoroughfare improvements, and community facilities enhancements—are likely to support amenity perception and attract sustained demand from quality-conscious buyers. Infrastructure projects such as enhanced cycling facilities, park connectivity, and school facility augmentation (stemming from Ministry of Education programmes) typically bolster appeal within mature residential precincts. Buyers should monitor URA planning portals and engage property agents for forward-looking market intelligence regarding pipeline developments; properties in established, supply-constrained corridors such as Media Circle offer attractive defensive characteristics, though spectacular capital appreciation is unlikely compared to emerging precincts.

5-Bed Bloomsbury Residences, Media Circle – S$4.47M