Why Union Square Residences deserves a viewing

Union Square Residences is worth a closer look for buyers who want central-city convenience without treating a prestigious address as an investment strategy. CDL's 366-home, 40-storey development at 20 Havelock Road is part of a larger mixed-use redevelopment connecting the Singapore River, CBD fringe and Chinatown. Here are five reasons to shortlist it—and the checks that matter before paying a premium.

USP 1: District 1 connectivity

USP 1 — A District 1 location with multiple lifestyle catchments. Clarke Quay, the Singapore River, Chinatown and the CBD fringe offer different everyday experiences within the broader neighbourhood. Buyers should still walk the actual routes to transport, groceries and work: 'central' on a map is not the same as convenient for every household.

USP 2: The mixed-use Union Square precinct

USP 2 — A wider mixed-use redevelopment, not just a standalone tower. CDL's Union Square plans include Grade A offices, retail, dining and co-living alongside the residences. That could create an active neighbourhood across the day. The benefit depends on eventual tenant mix, opening timelines and how well the different uses operate together.

USP 3: Conservation and character

USP 3 — Conservation character alongside a modern home. The redevelopment incorporates conserved buildings that give the precinct a distinct identity. This can appeal to residents who want more texture than a conventional glass-tower address. It is a lifestyle distinction, not a guaranteed price premium.

USP 4: Facilities for city living

USP 4 — Facilities that suit urban living. CDL describes a Level 3 lap pool and co-working spaces, recreational pods and Level 34 sky pool, sky gym and dining facilities. The question is whether you will use these features enough to justify the purchase and ongoing maintenance cost. A good home must work on an ordinary Tuesday, not only in a brochure.

USP 5: Buyer interest and remaining choice

USP 5 — Demonstrated buyer interest with choice still shown in the supplied snapshot. The project inventory screenshot supplied for this review shows 263 sold of 366 homes (71.86%) and 103 available, including 31 two-bedroom and 26 four-bedroom Premium units. These are figures from a supplied, undated sales screenshot, not independently verified real-time developer inventory. Availability can change.

Who is this development suited to?

Who might find it suitable? City-centre owner-occupiers, couples who value walkable dining and work connections, and investors looking for a central tenant catchment may find the concept appealing. But rental potential should be tested using comparable leases and net yield after maintenance, property tax, vacancy, repairs, letting costs and financing.

Five checks before you buy

What should buyers compare before committing? First, the selected unit's price against genuinely comparable transactions. Second, its floor, facing, layout efficiency and practical living space. Third, affordability under a higher-rate or income-shock scenario. Fourth, competing projects at the eventual resale date. Fifth, the net proceeds needed for your next property move. Price is important, but a full price matrix is not necessary to explain the development's USPs.

Union Square Residences FAQs

FAQ: Is Union Square Residences freehold? No, it is 99-year leasehold from 11 October 2024. How many homes? 366. Is it integrated with a larger redevelopment? Yes, it forms part of CDL's mixed-use Union Square. How many units have sold? The supplied screenshot shows 263 sold, but its capture date and live accuracy have not been independently verified. Does mixed-use convenience guarantee capital appreciation? No. Which buyer should view it? Someone whose lifestyle needs, financing and entry-price comparisons justify the shortlist.

Jerry's BUY, WAIT or HOLD verdict

Jerry's Property Wealth Planning view: Union Square Residences has a credible combination of location, mixed-use activity, conservation character and lifestyle facilities. That makes it worth viewing. Whether to BUY, WAIT or HOLD depends on the actual unit and your household's finances. Request a unit-specific comparison rather than choosing from a headline or a sales-progress chart. Information reviewed 18 October 2026; supplied inventory is undated and subject to change. Educational commentary, not a promise of returns.

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