New Benchmark for CCR Luxury Homes: Union Square Penthouse Hits Project Record

Union Square Residences Sets New Project Benchmark with Penthouse Sold at $3,828 psf

Singapore’s prime city centre condo market has achieved another price milestone. The sole penthouse at Union Square Residences was recently sold at a record-breaking $3,828 psf, establishing a new price high for the development.

According to the latest transaction records, the 4,833 sq ft, five-bedroom penthouse on the 40th floor was sold by the developer for $18.5 million on 20 February.

This transaction not only marks the highest psf price for the development, but also stands as the highest absolute quantum recorded at Union Square Residences to date.

Prior to this, the project's highest psf record was held by a 2,476 sq ft, five-bedroom unit on the 38th floor. That unit transacted for $9.29 million ($3,752 psf) during the project's launch in November 2024.

Project Overview

Expected to obtain TOP in 2027, Union Square Residences is a 99-year leasehold private residential development.

Standing 40 storeys high, the project comprises a total of 366 residential units.

It offers a diverse mix of unit layouts, including:

1-Bedroom: Approx. 463 sq ft

5-Bedroom: Up to approx. 2,476 sq ft

Penthouse: Approx. 4,833 sq ft

Surrounded by Three MRT Stations in a Vibrant City-Centre Enclave

Situated in the heart of Singapore's city centre, the development is within walking distance of three MRT stations: Clarke Quay MRT (North East Line), Chinatown MRT (North East Line / Downtown Line), and Fort Canning MRT (Downtown Line).

The surrounding area offers mature lifestyle amenities, close to the rich dining, entertainment, and recreational options of Clarke Quay and Chinatown, effortlessly blending urban vibrancy with everyday convenience.

As new city-centre launches continue to set fresh price benchmarks, demand for luxury homes in the Core Central Region (CCR) remains resilient.

Developments like Union Square Residences—boasting an established prime location, excellent connectivity, and comprehensive lifestyle amenities—are poised to continually attract the attention of high-net-worth buyers.