Union Square Residences

CDL built Union Square Residences on land it already owned, the former Central Mall and Central Square site, so no tender price was ever paid and no record land bid sits under the launch. That single fact explains the pricing behaviour on this page, and the second half of the story is the ground plane, an integrated riverside precinct with its own retail, offices and hotel. What follows: the cost, the unit ladder, the pipeline and who it fits.

Union Square Residences Prices: What a Landbank Site Changes

Start with the structure rather than the psf. The nearest true comparison is Canninghill Piers, CDL’s own 696-unit riverside tower 420m away and completing this year. The Landmark adds 398 homes from 2025, One Pearl Bank brings 774 from 2024 and Martin Modern marks the 450-unit river-fringe benchmark from 2021. The Robertson Opus is the outlier that matters, 348 homes on a 999-year tenure for 2030, and our guide to 99-year versus freehold explains what that difference is genuinely worth on a city holding. Wider still, W Residences Marina View marks the top of the downtown market and One Marina Gardens the new-precinct alternative, and together they bracket this project: below Marina Bay pricing, above the river’s older resale stock.

Now the record. As of July 2026, the last sixty caveats at Union Square Residences cleared between $2,625 and $3,244 psf at a median around $2,791 psf. Over the twelve months to July the median sits at $2,816 psf across 88 caveats, with the range stretching to $3,828 psf only because the penthouse falls inside that window. Strip the trophy stock out and the working band is remarkably tight for a city-centre launch.

Read the developer roster to see where the balance sits. The three-bedroom row and the penthouse are both sold out. What remains starts at $1,280,000 for a one-bedroom at $2,765 psf, $1,408,000 for the one-bed-plus-study at $2,783 psf, $1,821,000 for a two-bedroom at $2,601 psf, $2,006,000 for the two-bed-plus-study at $2,700 psf, $4,158,000 for the four-bedroom premium at $2,739 psf and $9,500,000 for a Sky Suite at $3,837 psf. The two-bedroom row at $2,601 psf is the cheapest square foot on the list, and recent caveats have been clearing above it.

The landbank position is what makes that list behave the way it does. A developer with no tender price to service is not forced to reprice in a soft quarter or dump stock to meet a deadline, which is how the project absorbed a flat 2025 without cutting. Read that as pricing discipline rather than a discount waiting to appear. One technical note before you compare: Union Square Residences was not assessed under harmonised gross floor area rules, so its strata areas still include aircon ledges the newer rulebook excludes.

Working out what the spread against Canninghill Piers really means for your format? That is the first number to interrogate here. Speak to us before you commit, honest advice, no pressure. WhatsApp us.

Union Square Residences Floor Plans: Written for the City Professional

The Union Square Residences floor plan set is built for the city worker. The one-bedroom tier runs 30 homes at 463 sqft and 72 with a study at 506 sqft, both at $576 monthly. The two-bedroom band is the largest single block in the building at 134 units of 700 sqft plus 35 with a study at 743 sqft, both at $720. Those maintenance figures are the central-district service standard rather than a suburban one, and they belong in the budget permanently.

Above that the stock thins on purpose. 28 three-bedders at 990 sqft and 29 premium formats at 1,066 sqft share the $720 band, 35 four-bedroom premium homes at 1,518 sqft carry $828, and at the top sit two Sky Suites at $1,080 and one penthouse at $1,656 monthly. Fewer than a hundred homes in the whole tower have three bedrooms or more, which concentrates their scarcity value inside the project and usually shows up on resale.

Run the arithmetic at the July 2026 median of about $2,791 psf and the Union Square Residences ladder prices out cleanly: the 463 sqft one-bedder lands near $1.3m, the 506 sqft study format around $1.4m, the 700 sqft two-bedder close to $1.95m and the 743 sqft version near $2.05m. The 990 sqft three-bedder works out around $2.75m, the 1,066 sqft premium near $3m and the 1,518 sqft four-bedroom premium about $4.25m. Treat those as arithmetic on the caveat record rather than quotes.

The July 2026 prints track it closely: a 506 sqft one-bed-plus-study at $1,424,000, a 721 sqft two-bedroom at $2,014,000, a 743 sqft two-bed-plus-study at $2,209,000 and a 1,518 sqft four-bedroom premium at $4,473,000. The suites sit in their own market, with a 2,476 sqft Sky Suite at $3,751 psf for $9,288,000 and the penthouse at $18,500,000 in February 2026. Read those separately.

Is Union Square Residences Worth Buying? The Supply Picture

Look at the pocket first. The Clarke Quay subzone holds just three private developments and about 1,102 homes in total, and two of the three are still under construction: this tower and Canninghill Piers at 696 units. The third is The Riverside Piazza, forty homes from 1996. Private housing on the river has always arrived in single parcels rather than estates, which is why Union Square Residences alone changes the pocket’s complexion.

Widen to the Singapore River planning area and it holds 24 private developments with about 5,725 homes, of which only four projects and 1,865 units date from 2016 or later. The pipeline after 2026 is two names: this project’s 366 for 2028 and The Robertson Opus at 348 for 2030. That is genuinely thin supply, and it is the strongest structural point on this page.

Demand is a tenant story rather than an upgrader one, because there is no HDB town behind this address. The Havelock and River Valley corridor sustains some of the CBD fringe’s most reliable rental demand, fed by Raffles Place, Outram and the river offices, and our rental yields guide sets out what those bands have actually been paying. The URA Master Plan keeps repositioning the precinct towards lifestyle and entertainment, anchored by the rebuilt CQ @ Clarke Quay. A precinct being reinvested in is a different risk profile from one that has yet to break ground.

Two checks belong in any offer. Absorption is the first, and it reads in three acts: 212 caveats against 366 units, 100 in the 2024 launch window, only 36 through the whole of 2025 while the market digested a wave of launches, then 76 more by July 2026. Roughly 154 homes remain, so a buyer is still negotiating with the developer rather than fighting other buyers. Our Q2 2026 property market review shows how that pace compares nationally. The second is the lease, 99 years from October 2024, which is as long a runway as any new launch in the district offers.

Who Union Square Residences Suits

Union Square Residences suits professionals who want walk-to-work city living with a river address, landlords targeting the Raffles Place and Outram tenant pool, and buyers who value a landbank developer’s pricing discipline over a headline land bid. The ground plane is the part a resale buyer cannot get from an older tower on the same street: shops on the first and second storeys, two conservation blocks, a hotel block, a 20-storey office tower and a direct linkway to Clarke Quay and the river. Daily life needs no adjustment period, with Clarke Quay Central, Chinatown Point and The Central inside 2km.

The next holder of the keys shapes your outcome. From 2028 this is a new full-facilities address with a lap pool, steam rooms and a co-working studio, two stations inside 500m and a retail plaza downstairs, competing in a rental market where most of the supply is a decade or more older. Landlords holding the 271 compact homes at Union Square Residences get to price that gap for as long as District 1 keeps producing almost no new housing, which on current zoning is a long time.

Fit matters in the other direction too. Clarke Quay is an entertainment district that gets louder after nine, so ask about stack and orientation before you fall for a view. The upper floors and inward-facing stacks are a different product from the low river-facing ones. School-driven families should treat the 1km boundary as the constraint it is. And 186 lots against 366 homes is a bet on rail that a two-car household should settle before committing.

Thinking about Union Square Residences? The premium over nearby resale and the Sky Suite pricing both deserve a hard look. Before you commit, speak to us. We’ll run the numbers with you, honest advice, no pressure. WhatsApp us.