Union Square Residences
366 leasehold homes by CDL at Clarke Quay — the residential heart of the Union Square mixed-use landmark on the Singapore River. 75 units (~20%) sold launch day at ~S$3,200 psf average, including a S$9.288M Sky Suite.
The numbers, on one page.
- Developer
- City Developments Limited (CDL)Source: CDL newsroom / EdgeProp launch reporting, Nov 2024
- Architect
- Aedas, with ADDP for the residential componentSource: CDL / EdgeProp
- Tenure
- 99-year leasehold (w.e.f. 11 Oct 2024)Source: 99.co / EdgeProp, Nov 2024
- Total units
- 366 in a single 40-storey residential towerSource: CDL / EdgeProp / 99.co, Nov 2024
- Unit types
- 1BR (463 sqft) to 4BR Premium (1,518 sqft), plus 5BR Sky Suites (2,476 sqft)Source: CDL launch data via EdgeProp
- District
- D1 / Singapore River — Havelock Road, Clarke Quay precinct
- Address
- 28 Havelock Road, Singapore 059828 (press also cites 20 Havelock Road)
- Master development
- Union Square — residences + 20-storey Grade A office (Union Square Central) + 134 co-living rooms (hotel licence) + retail/F&B + conservation shophouses; ~735,500 sqft totalSource: CDL newsroom / EdgeProp
- Site history
- Former Central Mall (office + conservation buildings) and Central SquareSource: CDL newsroom
- URA scheme
- First Singapore River redevelopment under URA's Strategic Development Incentive (SDI) scheme · 67% GFA upliftSource: CDL newsroom, Mar 2024
- Preview
- 1 November 2024
- Launched
- 9 November 2024
- Launch-day sales
- 75 of 366 units (~20%) at ~S$3,200 psf avg, 9 Nov 2024 — incl one 5BR Sky Suite at S$9.288MSource: CDL newsroom / EdgeProp / Yahoo SG, Nov 2024
- Starting price
- From S$1.38M (S$2,981 psf) for a 1-bedroomSource: EdgeProp / 99.co launch data
- Buyer profile
- ~83% Singaporean · ~17% PR / foreigner (launch day)Source: CDL newsroom / EdgeProp / 99.co, Nov 2024
- Completion / TOP
- Expected TOP Q1 2029 (developer indicative); wider Union Square targeted for completion 2029Source: CDL / EdgeProp / newlaunches.sg
- Nearest MRT
- Clarke Quay (NE5) ~350 m · Chinatown (NE4/DT19) ~405 m · Fort Canning (DT20) ~500 mSource: OneMap
Load-bearing facts on this page are corroborated against at least two independent sources before publication. Last verified 9 Jul 2026.
54% sold to date
CDL is rebuilding a whole block of the Singapore River — and selling you a piece of it.
Union Square Residences is not a standalone condo. It is the residential tower inside Union Square, CDL's mixed-use redevelopment of the former Central Mall and Central Square sites on Havelock Road — the first project in the Singapore River planning area to be approved under URA's Strategic Development Incentive scheme, with a 67% gross-floor-area uplift.
What that means on the ground: alongside the 40-storey, 366-unit tower, the same block carries a 20-storey Grade A office (Union Square Central), 134 co-living rooms under a hotel licence, retail and F&B, and a cluster of restored conservation shophouses — about 735,500 sq ft in total. You are buying a home wrapped in a self-contained, footfall-generating precinct rather than a tower on a bare plot.
The location is the headline. This is District 1, on the south bank of the Singapore River at Clarke Quay, with three MRT stations — Clarke Quay (~350 m), Chinatown (~405 m) and Fort Canning (~500 m) — all inside a short walk. Few new launches in the last decade have combined this much central connectivity with a brand-new, integrated-development product.
The honest counterweight is price. Union Square Residences launched in November 2024 from S$2,981 psf for a one-bedroom, at a blended launch average of about S$3,200 psf. CDL sold 75 of the 366 units — around 20% — on launch day, including a S$9.288 million Sky Suite. For a District 1 luxury launch at this price point, that is a solid, measured start rather than a same-weekend sell-out, and take-up has continued steadily since.
Launched at ~S$3,200 psf average.
Union Square Residences launched on 9 November 2024 with 75 of 366 units booked on launch day — about 20% take-up at an average of roughly S$3,200 psf, per CDL. Entry started from S$2,981 psf (a one-bedroom from S$1.38M). The cleanest comps are the other Singapore River integrated and city-fringe leasehold projects:
- CanningHill Piers (D6, Clarke Quay): completed 2026, ~S$2,945 psf avg on recent caveats
- Riviere (D3, Jiak Kim / Singapore River): completed 2023, ~S$2,903 psf avg
- The Landmark (D3, Outram): completed 2025, ~S$2,410 psf avg
At ~S$3,200 psf, Union Square Residences sits above its completed neighbours — the premium you pay for a brand-new, integrated-development tower at the heart of the river. In a sign of sustained high-end demand, the development's sole 4,833 sqft penthouse — a 5-bedroom unit on the 40th floor — sold for S$18.5 million (S$3,828 psf), a new project record on both total price and PSF, on a developer sale with the caveat lodged in the week of 17–24 February 2026, per EdgeProp.
| Project | District | Units | Tenure | Completion | PSF |
|---|---|---|---|---|---|
| Union Square Residencessubject | D1 · Singapore River | 366 | 99-yr | 2029 | from S$2,848 · avg ~S$3,200 (launch, Nov 2024) |
| CanningHill Piers | D6 · Clarke Quay | 696 | 99-yr | 2026 | S$2,491 – 3,579 · avg ~S$2,945 |
| Riviere | D3 · Singapore River | 455 | 99-yr | 2023 | avg ~S$2,903 |
| The Landmark | D3 · Outram | 396 | 99-yr | 2025 | S$2,080 – 2,772 · avg ~S$2,410 |
Source: Union Square Residences pricing is launch data from CDL and URA caveats via EdgeProp / 99.co (November 2024). Comparable PSF figures are each project's own recent URA caveat range (last 12 months of transactions) — CanningHill Piers, Riviere and The Landmark are completed or near-complete leasehold projects in the same Singapore River / Outram sub-market, not new launches.
Compact 1-bedders to penthouse Sky Suites.
The 366-unit tower runs from 463 sqft one-bedroom apartments up to 4-bedroom Premium units at 1,518 sqft, with two 5-bedroom Sky Suites of 2,476 sqft crowning the upper floors. The bedroom-by-bedroom count for the full tower funnels through the showflat — drop your contact below for the current stack-by-stack availability and floor-plan PDFs.
| Type | Size (sqft) | Launch pricing |
|---|---|---|
| 1-bedroom | from 463 | from S$1.38M (S$2,981 psf) |
| 2-bedroom | from 700 | from S$1.998M (S$2,854 psf) |
| 3-bedroom | from 990 | from S$2.82M (S$2,848 psf) |
| 4-bedroom Premium | 1,518 | from S$4.62M (S$3,043 psf) |
| 5-bedroom Sky Suite | 2,476 | S$9.288M – S$9.5M (S$3,751 – S$3,837 psf) |
Source: sizes and launch pricing from CDL launch collateral and URA caveats via EdgeProp / 99.co (November 2024). Per-bedroom unit counts are not consistently published across two sources; drop your contact below for the live balance list and floor plans.
Havelock Road — the south bank at Clarke Quay.
Union Square Residences sits on Havelock Road in District 1, on the south bank of the Singapore River across from Clarke Quay. The riverside dining and nightlife of Clarke Quay, Robertson Quay and Boat Quay are all within a short walk, and the CBD at Raffles Place is one or two MRT stops away.
Connectivity is the standout. Clarke Quay MRT (NE5) is about 350 m; Chinatown (NE4 / DT19 interchange) about 405 m; and Fort Canning (DT20) about 500 m — three lines inside a comfortable walk. Great World City mall and Robertson Walk add everyday retail and groceries nearby.
The tradeoff is that this is a dense, central address rather than a family-estate one. The nearest mainstream primary, River Valley Primary, is about 1.1 km away — inside the 1–2 km Primary 1 tier, not the within-1 km tier. The buyer base here leans investor and professional.
River, rail, retail — all on the doorstep.
The defining feature of this address is centrality: three MRT stations, the full sweep of the Singapore River's dining quays, and the CBD all within minutes. What it is not is a school-catchment or green-estate address — the appeal is the city itself, walkable from your lobby.
- Clarke Quay MRT (NE5)~350 m · North-East Line
- Chinatown MRT (NE4/DT19)~405 m · interchange
- Fort Canning MRT (DT20)~500 m · Downtown Line
- Havelock MRT (TE16)~1.1 km · Thomson-East Coast
- Raffles Place / CBD1–2 MRT stops
- Clarke Quay riverside & Central mallacross the river
- Union Square Central (Grade A office)same development
- Boat Quay & Robertson Quay F&B~5–10 min walk
- Great World City mall~1.4 km
- Chinatown heritage district~5 min walk
- Singapore River promenadeat the doorstep
- Fort Canning Park~10 min walk
- Hong Lim Park~7 min walk
- Pearl's Hill City Park~10 min walk
- River cruise / water taxiClarke Quay jetty
- River Valley Primary~1.1 km · 1–2 km P1 tier
- Outram Secondary~720 m
- Cantonment Primary~1.45 km
- School of the Arts (SOTA)~1.2 km
- Singapore Management University~1.5 km · Bras Basah
Two thesis-driven buyers — and one segment we'd steer away.
Most launch pages try to be everything to every buyer. We don't think Union Square Residences is that. Here's where it genuinely shines, and where it doesn't.
Central, MRT-walkable, tenant-magnet location.
A District 1 address three minutes from the MRT, wrapped in a development with its own Grade A office tower and co-living block, is built for rental demand. CBD professionals, expats and the office tenants next door are the obvious tenant pool, and the Singapore River frontage holds long-term appeal.
The check on the case is entry price. At ~S$3,200 psf launch average you are paying above completed river comps like CanningHill Piers (~S$2,945 psf) and Riviere (~S$2,903 psf). Model the yield off real URA rental contracts for those two before committing.
City dwellers who want to live on the river.
If your life runs on the CBD-and-river axis — work in town, dinner at Robertson Quay, weekends at Fort Canning — a brand-new home a few hundred metres from three MRT lines is hard to beat. The integrated retail, office and co-living give the block a lived-in buzz the day you move in.
The honest version: this is a city pad, not a family-estate home. The nearest mainstream primary is ~1.1 km away and in the 1–2 km P1 tier, and unit sizes skew compact. Families chasing a deep school catchment and larger layouts will find the heartland a better fit.
Value hunters and freehold purists.
If your priority is the lowest entry PSF in the area, completed leasehold comps along the river trade meaningfully below Union Square Residences' ~S$3,200 psf launch average — you are paying a new-launch, integrated-development premium here. And if you insist on freehold tenure, note the residences are 99-year leasehold (the lease runs from October 2024), even though the Union Square Central office tower in the same development has been marketed as freehold. Both are real tradeoffs to weigh.
What the brochure won't tell you.
The entry price is full. At a ~S$3,200 psf launch average, Union Square Residences prices above completed river comps — CanningHill Piers (~S$2,945 psf), Riviere (~S$2,903 psf). You are paying for new and integrated; make sure the rental or lifestyle premium justifies the gap for you.
Take-up has been measured, not red-hot. 75 units (~20%) sold on launch day in November 2024, and sales have ticked along steadily since rather than selling out in a weekend. That is normal for a District 1 luxury launch at this price — but it also means there is no scarcity-driven urgency, and you can usually take your time on stack selection.
It's a city pad, not a family home. Unit sizes skew compact (one-bedders from 463 sqft), and the nearest mainstream primary, River Valley Primary, is ~1.1 km away — inside the 1–2 km Primary 1 tier, not the within-1 km tier. Some marketing materials overstate the school proximity; the OneMap measurement does not support a within-1 km claim.
You're buying into a construction site for a while. The wider Union Square is a major mixed-use build targeted for completion in 2029, with the residences expecting TOP around Q1 2029. Early years will involve the office, co-living and retail components being fitted out and tenanted around you.
Nightlife is a double-edged sword.Clarke Quay's bars and clubs are a genuine lifestyle draw — and a potential noise and crowd factor, especially on lower, river-facing stacks at weekends. Higher floors and the quieter inland stacks mitigate it; check the orientation of any unit you shortlist.
Leasehold from 2024. The 99-year clock started in October 2024, so the lease is effectively full at handover — but it is still leasehold in a precinct where some buyers anchor on freehold. Factor it into any long-hold or legacy plan.
What's still available, what's actually being booked.
We'll send the current balance-unit list, indicative pricing by stack, and any developer-side incentives still active. Drop us a note about the bedroom count or budget you're working with — our partner agent can pull the matching options before the showflat call.
What buyers keep asking.
- When is Union Square Residences TOP? +
- Union Square Residences has an indicative expected TOP of Q1 2029 per CDL, with the wider Union Square mixed-use development targeted for completion in 2029. Some third-party listings circulate an earlier '2028' estimate; as of June 2026, the developer-indicative and most-cited date is Q1 2029. That's roughly a four-and-a-half-year build from the November 2024 launch.
- What was the average launch PSF for Union Square Residences? +
- Union Square Residences launched on 9 November 2024 at an average of about S$3,200 psf, per CDL. Prices started from S$2,981 psf for a one-bedroom (from S$1.38 million); two-bedders started at S$2,854 psf, three-bedders at S$2,848 psf, and the 4-bedroom Premium from S$3,043 psf. The two 5-bedroom Sky Suites were priced at S$3,751–3,837 psf (S$9.288M–S$9.5M). Note the headline 'from S$2,981 psf' and the 'avg ~S$3,200 psf' describe different things — the entry unit versus the blended launch average.
- How many units does Union Square Residences have, and what sold at launch? +
- Union Square Residences has 366 units in a single 40-storey tower. On launch day (9 November 2024), CDL reported 75 units sold — about 20% — at an average of ~S$3,200 psf, including one 5-bedroom Sky Suite (on level 38) at S$9.288 million. That is a launch-day figure for a District 1 luxury project; take-up since has been measured rather than a same-day sell-out. As of mid-2026 the project has reached roughly half its units sold — well above the launch-day count — with the live balance shown above, refreshed nightly. The live current balance is shown above and refreshes nightly.
- Who is the developer? +
- Union Square Residences is developed by City Developments Limited (CDL), one of Singapore's largest listed developers. It is the residential component of CDL's larger Union Square mixed-use development — the first redevelopment in the Singapore River planning area under URA's Strategic Development Incentive (SDI) scheme. The residential tower was designed by Aedas with ADDP.
- What is the Union Square master development? +
- Union Square is CDL's mixed-use landmark on Havelock Road, built on the former Central Mall and Central Square sites. Beyond the 366-unit Union Square Residences, it comprises a 20-storey Grade A office tower (Union Square Central), 134 co-living rooms operating under a hotel licence, retail and F&B, and restored conservation shophouses — roughly 735,500 sq ft in total. It secured a 67% gross-floor-area uplift as the first Singapore River project under URA's SDI scheme (written approval March 2024).
- How far is Union Square Residences from the nearest MRT? +
- Union Square Residences is about 350 m from Clarke Quay MRT (NE5, North-East Line) — a short walk. Chinatown MRT (NE4 / DT19 interchange) is roughly 405 m and Fort Canning MRT (DT20, Downtown Line) about 500 m. All three are OneMap straight-line distances; CDL markets the project as being within walking distance of three MRT stations. Havelock MRT (TE16, Thomson-East Coast Line) is farther, around 1.1 km.
- Which primary schools are near Union Square Residences? +
- The closest mainstream primary to Union Square Residences is River Valley Primary School, about 1.1 km away by OneMap straight-line measurement — which places it in the 1–2 km Primary 1 priority tier, not the within-1 km tier (a distinction some marketing sites get wrong). Cantonment Primary is around 1.45 km. This is a city-centre address; the catchment story here is thinner than in a heartland estate, and the buyer base skews investor and professional rather than young-family.
- What's the unit mix at Union Square Residences? +
- Union Square Residences spans one-bedroom apartments from 463 sqft up to 4-bedroom Premium units at 1,518 sqft, topped by two 5-bedroom Sky Suites at 2,476 sqft each on the upper floors. Two-bedroom units are 700 sqft, three-bedroom 990 sqft. The bedroom-by-bedroom unit count for the 366-unit tower funnels through the showflat — drop your contact below for the current stack-by-stack availability and floor plans.
- Is Union Square Residences a good investment? +
- Whether Union Square Residences works as an investment turns on the rental thesis for a District 1 Singapore River address. The pull is a genuinely central, MRT-walkable location wrapped inside a mixed-use development with its own Grade A office tower and co-living — built-in footfall and tenant demand. The honest counterweight is the entry price: at ~S$3,200 psf launch average it sits above nearby completed comps like CanningHill Piers (~S$2,945 psf) and Riviere (~S$2,903 psf). The cleanest read is to pull URA rental data for those two and model real yields rather than projections.
- How does Union Square Residences compare to CanningHill Piers? +
- Union Square Residences and CanningHill Piers are the two integrated developments anchoring the Clarke Quay stretch of the Singapore River. CanningHill Piers (696 units, CDL and CapitaLand, on the former Liang Court) completed in 2026 and trades around S$2,945 psf on recent caveats. Union Square Residences launched in November 2024 from S$2,848 psf with a ~S$3,200 psf blended average and an expected TOP of Q1 2029 — a newer, smaller (366-unit) tower at a higher entry, with CanningHill the established, river-fronting comp.
- Why has take-up been slower than some launches? +
- Union Square Residences moved 75 units (~20%) on launch day and has sold steadily since — measured, not a same-weekend sell-out. That pattern is normal for a District 1 luxury launch priced from the high S$2,800s to over S$3,000 psf: the buyer pool is smaller, cheque sizes are larger, and a single developer (CDL) has no urgency to clear inventory at a discount. It reflects price point and product, not weak demand.
- Is Union Square Residences freehold? +
- No — Union Square Residences is a 99-year leasehold development, with the lease commencing 11 October 2024. The adjacent office tower in the same Union Square development, Union Square Central, has been marketed separately on a freehold basis; the residences themselves are leasehold.
- How do I book a showflat appointment? +
- To book a Union Square Residences showflat appointment, drop your details via the form on this page. Our partner agent will get back to you with available slots, the latest balance-unit list, and any developer-side incentives that are still active.
Why this launch holds up.
75 of 366 units booked on launch day, including a S$9.288M Sky Suite. Here's what the buyers were reading — and what it means for the units still on the table.
75 of 366 units (~20%) sold launch day (9 Nov 2024) · around half the tower now sold · live balance refreshes nightly above.
Get the balance unit list →- 01Three MRT lines inside a 500-metre walk.Clarke Quay (NE5) ~350 m, Chinatown (NE4/DT19) ~405 m, Fort Canning (DT20) ~500 m. That triple-line, walk-everywhere connectivity in District 1 is rare among new launches, and it underwrites both rental appeal and resale.
- 02It's an integrated development, not a bare tower.Union Square bundles the residences with a 20-storey Grade A office (Union Square Central), 134 co-living rooms under a hotel licence, retail, F&B and conservation shophouses — ~735,500 sq ft of footfall and tenant demand built into the block.
- 03First Singapore River project under URA's SDI scheme.CDL won a 67% gross-floor-area uplift as the first redevelopment in the Singapore River planning area approved under URA's Strategic Development Incentive scheme — a planning advantage that's hard for any future competitor on the river to replicate.
- 04A measured launch reflects price, not weak demand.Selling 75 units (~20%) on launch day at S$2,981 psf and up — including a S$9.288M Sky Suite — is a solid result for a District 1 luxury tower. The single-developer structure means CDL can release inventory patiently rather than discounting to clear.
- 05It anchors the same river stretch as CanningHill Piers.CanningHill Piers (696 units, the integrated tower on the former Liang Court) trades around S$2,945 psf and is the established river comp. Union Square Residences is the newer, smaller sibling on the south bank — a fresh-leasehold, integrated alternative on the same prized stretch of the Singapore River.
This page is maintained continuously. Balance unit counts refresh nightly; pricing and launch performance figures update as new tranches release. If there's a question we haven't covered, email hello@whichcondo.sg.