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District 01 · Singapore River · RCR

Union Square Residences

Havelock Road · Apartment · 99 yrs lease commencing from 2024

Current PSF
$2,864
+41.7% vs district median
Gross yield
-
3-year gain
0.0%
Transactions · 5y
199
69 in last 12 months
Nearest MRT
Clarke Quay Mrt Station · 327.359m
NEL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
-
mixed zone
En-bloc potential20 / 100
2 years old · composite of plot use, age, tenure, value gap & size
Lease decay97 years left
worth 95.8%of freehold today (Bala’s Table) · loses ~2.2pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
8%
PSF dispersion within project
3D →
Havelock Road, District 01 · 1 km P1 ring · mrt · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
Secondary
Outram Secondary School · 723m
Food
New Market Road Blk 32 (People'S Park Food Centre) · 361m - 6 hawker centres within 1km
Green
Hong Lim Pk · 324m - 12 parks within 1km
Mall
Ue Shopping Mall · 517m
Health
Singhealth Polyclinics (Outram Polyclinic) (polyclinic) · 1.1km

Who lives in Singapore River

Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg

Residents
3,260
Median age
41 yrs
48% under 40 · getting older
Children 0–9
470
▲ 27% since 2015 · future P1 demand
Homes
0% HDB
95% condo · 0% landed

The neighbourhood, photographed

freely-licensed photographs taken within ~450 m · Wikimedia Commons

RC260 Singapore River Cruise 09 11 2023LN9267 · CC BY-SA 4.0
RC282 Singapore River Cruise by WaterB compartment 09 11 2023(2)LN9267 · CC BY-SA 4.0
Singapore River Cruise food and drinks 09 11 2023LN9267 · CC BY-SA 4.0
Fire hydrant along Merchant Road, Singapore 20140506Jacklee · CC BY-SA 4.0
TV interview practice during a media training workshop at the Singapore Media Academy 20150730 01Smuconlaw · CC BY-SA 4.0
Press conference practice during a media training workshop at the Singapore Media Academy 20150731Smuconlaw · CC BY-SA 4.0

The launch, by the record

developer sales + new-sale caveats · URA - the numbers a brochure won’t print

Sold to date
178 / 366
49% taken up · 26 '06
Median price
$3k
$3k$3k band
Unit sizes sold
732 sqft
4634833 sqft range
Still available
188
units unsold
Take-up over time · cumulative units sold
366024 '1125 '0325 '0725 '1126 '0326 '06
What actually sold · by strata size (sqft)
4631192
192
11921921
5
19212650
1
26503379
0
33794108
0
41084833
1

Strata areas here follow the post-June-2023 GFA harmonisation (AC ledges, void spaces excluded), so this project’s PSF runs a few percent “higher” against older stock measured the old way. A like-for-like PSF comparison to pre-2023 resales isn’t apples-to-apples.

What the record shows

The early buyer’s position

Buyers who bought from the developer in 2024 paid an average of $3,165 psf (100 sales). At today’s $2,864 psf, they are down 10% on paper.

The floor premium

Over the last 3 years, units on the 10th floor and above transacted at a median $3,170 psf - 10% above units on floors 1–5 ($2,880 psf).

Price trend average PSF by year

2024
$3,165
2025
$3,227
+2%
2026
$2,832
-12.2%

Recent transactions URA, latest 10

DatePriceArea (sqft)PSFFloor
Jul 2026$2,995,0001,066$2,81106-10
Jul 2026$2,961,0001,066$2,77906-10
Jul 2026$2,950,0001,066$2,76806-10
Jul 2026$2,938,0001,066$2,75701-05
Jul 2026$2,800,000990$2,82721-25
Jul 2026$2,782,000990$2,80921-25
Jul 2026$2,764,000990$2,79116-20
Jul 2026$2,755,000990$2,78216-20
Jul 2026$2,702,000990$2,72911-15
Jul 2026$2,691,000990$2,71711-15
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Ask anything about UNION SQUARE RESIDENCES

Grounded in this project’s data - yield, en-bloc, lease, nearby condos.

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More in District 01

The HDB blocks next door

The entry point, measured: what the resale flats around Union Square Residences actually sell for - this project trades at 4.4× the nearest block’s PSF.

Data: URA private residential transactions & rentals (5-year window, updated weekly), data.gov.sg, OneMap, LTA DataMall. PSF and yield figures are computed from actual transactions and rental contracts - not estimates.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.