Union Square Residences: Where the CBD Meets Clarke Quay

Name: Union Square Residences
Brand: City Developments Limited (CDL)

By Edmund Ee · Published 31 July 2026 · Last updated: 13 August 2026 · Independent New Launch Review

Union Square Residences sold 75 units on its November 2024 launch day at about $3,200 psf and stood at roughly 40 percent sold by mid-2026, its 40-storey tower rising beside Clarke Quay. Source: publicly reported launch and sales data.

Few addresses sit at the crossroads of so much of Singapore. Union Square Residences is CDL's 366-unit, 40-storey tower at 28 Havelock Road, the residential heart of a full mixed-use development where the CBD meets the Singapore River, Clarke Quay and Chinatown. Below the homes sit a 20-storey Grade A office tower, a new co-living concept, conserved shophouses, and a retail and dining precinct with placemaking spaces designed to bring the whole quarter to life. It launched in November 2024 at premium District 1 pricing, and the question this review answers is whether the address earns it.

PropertyNet Insider Benchmark

77 / 100

Selective Buy · Landmark D1 Mixed-Use by the River

Price

17/25

Mass Appeal

21/25

Future Demand

21/25

Exit Strategy

18/25

Scored against the same independent 100-point framework used across the PropertyNet Insider Benchmark. No developer fees, no sponsored placements.

Why This Score

Price17/25

Launched from about $2,981 psf and averaging $3,200 at launch, this is full District 1 pricing on a 99-year leasehold. The compact 1-bedroom keeps the entry quantum workable, but the measured take-up of roughly 40% in the first 20 months suggests the market is weighing that premium carefully, which limits obvious value at entry.

Mass Appeal21/25

Three MRT stations within walking reach (Clarke Quay, Fort Canning and Chinatown), retail, dining and Grade A offices integrated below, the Singapore River lifestyle belt at the doorstep, and the CDL brand give this launch genuinely broad pull. The deduction reflects the buzz of an entertainment district, a thin school catchment, and premium quantums that tilt the pool toward investors and professionals.

Future Demand21/25

The precinct is being actively rejuvenated: Clarke Quay's revamp, the wider Singapore River and Canninghill cluster, Pearl's Hill's upcoming housing, and the CBD's live-in transformation under URA incentives. New private supply in District 1 is scarce, and a full mixed-use quarter is rarer still. The deduction reflects the leasehold tenure and how gradually these catalysts mature.

Exit Strategy18/25

The rental catchment is deep, drawing from Raffles Place, the CBD and the river precinct, and an integrated address with three MRT lines leases well. The deduction reflects the 99-year lease decay, a high entry psf that caps upside, direct resale competition from the 696-unit CanningHill Piers nearby, and the measured sales pace to date.

Below is an independent, practical breakdown of what makes Union Square Residences work, and where to be clear-eyed: the location, the mixed-use quarter, the facilities, the interiors, the floor plans, and the investment case.

Project Snapshot

Project name: Union Square Residences (part of the Union Square mixed-use development)
Developer: CDL Libra Pte Ltd (City Developments Limited)
Location: 28 Havelock Road, District 1, by Clarke Quay and the Singapore River
Tenure: 99-year leasehold (from 11 October 2024)
Scale: 366 units in one 40-storey tower
Unit mix: 1BR (463 sqft) and 1BR+Study to 4BR Premium (1,518 sqft), plus two Sky Suites and a Penthouse
Integrated with: Union Square Central (20-storey Grade A offices with retail and rooftop dining), co-living, conserved shophouses, shops and restaurants
Facilities: Level 3 Social Vista (lap pool, aqua lounge, gourmet pavilion, club social) and Level 34 Union Vista (sky pool, sky gym, Club Union, alfresco dining), plus recreational pods on Levels 3 to 29
Connectivity: walk to Clarke Quay (NEL), Fort Canning (DTL) and Chinatown (NEL/DTL) MRT stations
Expected vacant possession: 15 March 2031 (legal completion 15 March 2034)
Launch: 9 November 2024, 75 units sold on launch day at an average of about $3,200 psf
Sales status: roughly 40% of 366 units sold as of mid-2026

Why This Location Matters

Union Square Residences location map showing 28 Havelock Road relative to Clarke Quay, Fort Canning and Chinatown MRT stations, the CBD, the museum belt and the Singapore River — Union Square sits at the gateway of the CBD, with Clarke Quay, Fort Canning and Chinatown MRT stations all within walking reach.

The location argument is simple: this is the meeting point of the CBD, the Singapore River, Clarke Quay and Chinatown, with the Civic District's museum belt a stone's throw away. Raffles Place and Marina Bay are minutes from the door, and for daily connectivity you have a rare three-station walkshed, Clarke Quay on the North-East Line, Fort Canning on the Downtown Line and Chinatown where both lines interchange. For a project-by-project comparison against other Singapore new launches, see the full PropertyNet Insider Benchmark.

The lifestyle catchment is just as deep. Boat Quay, Clarke Quay and Robertson Quay line the river with dining and nightlife, Chinatown's heritage streets and food are on the doorstep, and green connectors link Fort Canning Park through the river to Pearl's Hill. The honest caveats: this is a lively entertainment district rather than a quiet family enclave, and the school catchment is thin, which shapes who this home suits best.

Aerial view over the Singapore River and Clarke Quay towards Raffles Place and Marina Bay, showing the Union Square site at the gateway of the CBD — Between the Civic District, Raffles Place and Clarke Quay: the river precinct Union Square calls home.

A Full Mixed-Use Quarter

What separates Union Square from a standalone tower is the quarter around it. The development integrates luxury residences with Union Square Central, a 20-storey Grade A office tower with retail, dining and a rooftop restaurant, a new co-living concept housed partly in conserved buildings, and shops and restaurants woven through heritage shophouses. Placemaking spaces like the Central Plaza and Grand Stand are designed for food truck events, outdoor performances and community workouts. For residents, that means genuine convenience at the doorstep and a precinct that stays alive beyond office hours; it also means sharing the address with workers and visitors, which is the trade-off of every integrated development.

Union Square Level 1 arrival site plan showing the residential tower, Union Square Central office tower, co-living, conserved shophouses, central plaza and link to Clarke Quay and the Singapore River — The Level 1 arrival plan: residences, Grade A offices, co-living and retail arranged around a central plaza, with a linkway towards Clarke Quay and the river.

Facilities on Two Skylines

The facilities are split across two main decks. Level 3, the Social Vista, carries the lap pool, aqua lounge, pool deck, gourmet pavilion and social club spaces, with landscaped recreational pods threaded up the tower from Levels 3 to 29. At the top, Level 34's Union Vista delivers the showpiece: a sky pool with an unbroken skyline panorama, a sky gym with floor-to-ceiling views towards Pearl's Hill and Chinatown, Club Union for entertaining, and alfresco dining at altitude. It is a strong facilities package for a city-centre tower of this size.

Union Square Residences Level 3 Social Vista lap pool render with landscaped deck and the office tower beyond — The Level 3 Social Vista anchors the lifestyle deck with a lap pool and landscaped lounges.

Union Square Residences Level 34 Union Vista sky pool render overlooking the city skyline towards the river — On Level 34, the Union Vista sky pool opens to an unbroken city panorama.

Union Square Residences infinity pool render at dusk overlooking Clarke Quay and the Singapore River — Endless vistas over Clarke Quay and the river: the evening view from the pool deck.

The Homes and Interiors

The tower rises 40 storeys with homes from efficient 1-bedrooms to 4-bedroom premium residences, two expansive Sky Suites and a penthouse at the crown. Finishes are pitched at the luxury end: all units carry a Corten-accented kitchen with De Dietrich appliances and washer dryer, smart home provisions throughout, and, in the 4-bedroom premium and larger homes, touches like Italian walk-in closets, bathtubs and Rimadesio doors. Deep recessed balconies give the facade its sculpted look and the homes usable outdoor space in the sky.

Union Square Residences living and dining render in warm neutral tones with a feature wall and layered lighting — Living spaces pair warm neutrals with layered lighting, pitched at the luxury end of the market.

Union Square Residences master bedroom render with upholstered headboard, sheer curtains and a curved vanity nook — Master bedrooms are dressed as sanctuaries, with premium wardrobes and vanity details in the larger formats.

Union Square Residences facade close-up showing deep recessed balconies with planting against the CBD skyline — Deep recessed balconies give the tower its sculpted facade and every home usable sky space.

Floor Plans

The mix runs from a 463 sqft 1-bedroom through to the 1,518 sqft 4-bedroom premium, with two Sky Suites and a penthouse above. Layouts are efficient and city-oriented, with the premium formats stepping up meaningfully in space and specification. Four representative plans are featured below. Speak to us for the specific stack, level and view that fit your needs.

Union Square Residences 1 Bedroom Type A1 floor plan, 463 sqft, at 28 Havelock Road — 1-Bedroom, Type A1, 463 sqft. The efficient entry point into District 1.

Union Square Residences 2 Bedroom Type B1 floor plan, 710 sqft, at 28 Havelock Road — 2-Bedroom, Type B1, 710 sqft. The core investor and couple format.

Union Square Residences 3 Bedroom Type C1 floor plan, 990 sqft, at 28 Havelock Road — 3-Bedroom, Type C1, 990 sqft. A right-sized family layout in the city centre.

Union Square Residences 3 Bedroom Premium Type C2P floor plan, 1,066 sqft, at 28 Havelock Road — 3-Bedroom Premium, Type C2P, 1,066 sqft. The step-up format; a 4-Bedroom Premium at 1,518 sqft sits above it.

The Investment Case

First, the location and rental depth. A District 1 address within walking distance of three MRT stations, Raffles Place and the river dining belt sits in one of Singapore's deepest leasing markets. An integrated development with retail and Grade A offices below tends to lease quickly and hold tenants well.

Second, the precinct trajectory. Clarke Quay has been rejuvenated into a day-and-night destination, Pearl's Hill will add new homes and greenery, and the CBD's ongoing conversion into a live-work district under URA's incentive schemes all support long-term relevance. New private supply in this pocket is limited, which protects the address.

The honest counterweights are price, tenure and pace. At an average of about $3,200 psf on a 99-year lease, the entry price is full, and roughly 40% sold in the first 20 months is a measured pace that flags near-term liquidity. CanningHill Piers, one bridge away, is also a large, direct comparable at resale. Those factors are why this lands as a Selective Buy rather than a Strong Buy: the address and the integrated product are excellent, but the pricing asks you to buy for the location and the long hold rather than for quick upside.

Who Union Square Residences Is For

First, investors targeting the CBD and Singapore River rental catchment who want an integrated, MRT-rich address with retail and offices built in. The 1 and 2-bedroom formats are the natural instruments here.

Second, city professionals and couples who want to live where they work and play, with the river, Chinatown and the Civic District as their neighbourhood, and who value convenience over quiet.

Third, long-horizon buyers who believe in the Clarke Quay, Pearl's Hill and CBD rejuvenation story and are comfortable weighing a 99-year leasehold and premium psf against a genuinely scarce District 1 address.

Related reviews: compare with Aurea, Newport Residences and River Green, or browse the full Insider Benchmark.

Frequently Asked Questions

How many units does Union Square Residences have, and what is the unit mix?

Union Square Residences has 366 units in a 40-storey tower. The mix runs from 1-bedroom (463 sqft) and 1-bedroom plus study, through 2-bedroom (from about 700 sqft) and 2-bedroom plus study, to 3-bedroom (990 sqft), 3-bedroom premium (1,066 sqft) and 4-bedroom premium (1,518 sqft), crowned by two Sky Suites and a Penthouse.

Is Union Square Residences freehold or leasehold, and who is the developer?

Union Square Residences is a 99-year leasehold commencing 11 October 2024, developed by CDL Libra Pte Ltd, a unit of City Developments Limited (CDL). It is the residential tower of the Union Square mixed-use development at 28 Havelock Road, District 1, alongside a 20-storey Grade A office tower, co-living, conserved shophouses, retail and dining.

How much does Union Square Residences cost?

Union Square Residences launched on 9 November 2024, selling 75 units on launch day at an average of about S$3,200 psf, with prices from about S$2,981 psf. As of mid-2026, roughly 40% of the 366 units have been sold. Pricing and availability move over time, so confirm the latest with us.

When is Union Square Residences expected to be completed?

Union Square Residences has an expected vacant possession date of 15 March 2031, with expected legal completion on 15 March 2034. The Progressive Payment Calculator can help map out the cash flow through to completion.

How well connected is Union Square Residences?

Union Square Residences is within walking distance of three MRT stations: Clarke Quay (North-East Line), Fort Canning (Downtown Line) and Chinatown (North-East and Downtown Lines). Raffles Place, Marina Bay, the museum belt, Clarke Quay and Chinatown are minutes away, and green connectors link Fort Canning Park, the Singapore River and Pearl's Hill.

Who is Union Square Residences best suited to?

Union Square Residences suits buyers who want a true city-centre home in a full mixed-use development, with retail, offices, dining and three MRT lines at the doorstep, and investors targeting the deep CBD and Singapore River rental catchment. The main trade-offs to weigh are premium leasehold pricing around S$3,200 psf, the 99-year tenure, the buzz of an entertainment district, and a measured sales pace so far.

The Bottom Line

Union Square Residences is the definition of buying the address. A 366-home tower in a full mixed-use quarter by CDL, at the point where the CBD, the Singapore River, Clarke Quay and Chinatown meet, with three MRT stations in the walkshed and a facilities deck on two skylines. The trade-offs are equally clear: full District 1 pricing on a 99-year lease, an entertainment-district setting, and a measured sales pace that flags near-term liquidity. That is why it lands as a Selective Buy at 77/100. For investors and city professionals buying the location, the rental depth and the precinct's rejuvenation, it is one of the most complete city-centre products on the market.

Information herein is based on the developer's brochure (November 2024) and publicly reported data, and is subject to change without prior notice. Balance units and pricing move over time. Please verify all figures, plans, and timelines with the official sales team before making any purchase decision. This article is for general information only and does not constitute financial, legal, or investment advice. Please consult your banker, lawyer, and a licensed property professional before committing to any purchase. PropertyNet Insider Benchmark scoring is the independent opinion of PropertyNet.SG based on the framework published at /insider-benchmark/, with no developer affiliation or sponsorship.