28 Havelock Road 059828, Clarke Quay, Central Region, Singapore
$1,880,000
Welcome to Union Square Residences! Union Square Residences is the residential component of Union Square, a prestigious large-scale integrated development by CDL. Occupying the site of the former Central Mall and Central Square, this project is set to redefine the skyline of the Singapore River precinct. With its expected completion in 2031, it offers a sophisticated "live-work-play" lifestyle within a striking architectural landmark. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 1) Development Information - Developer: City Developments Limited - Total Units: 366 Residential Units - Unit Mix: Studio to 4 Bedroom Premium Units & Sky Penthouses - Development Type: Mixed-Use Development (Residential, Commercial & Office) ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 2) Location Situated at 28 Havelock Road in District 1, the development sits at the intersection of the bustling Central Business District (CBD) and the vibrant lifestyle hub of Clarke Quay. Residents will enjoy a unique blend of heritage charm and modern luxury, with the scenic Singapore River just a short stroll away. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 3) Transportation Nearby MRTs: - Clarke Quay MRT (North-East Line): Approx. 6–8 minutes walk. - Chinatown MRT (North-East & Downtown Lines): Approx. 10 minutes walk. - Fort Canning MRT (Downtown Line): Approx. 10 minutes walk. Nearby Expressways - Strategically located with quick access to the Central Expressway (CTE) and Marina Coastal Expressway (MCE), making island-wide commuting seamless. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 4) Education - Primary Schools: River Valley Primary School (within 1km), Cantonment Primary School, and St. Margaret's School (Primary). - Secondary Schools: Outram Secondary School and School of the Arts (SOTA). - Tertiary/International Schools: Singapore Management University (SMU), LASALLE College of the Arts, and Kaplan City Campus. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 5) Amenities - Nearby Coffeeshops/Food Courts: A wealth of local dining options at People’s Park Complex Food Centre, Hong Lim Market & Food Centre, and the various eateries along Upper Cross Street. - Nearby Malls: Immediate access to the development's own commercial shops, plus nearby Clarke Quay Central, Riverside Point, Chinatown Point, and the high-end shopping belt of Orchard Road just a 5-minute drive away. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 7) Growth Potential - Capital Appreciation: As part of an integrated development in a prime CBD-fringe location, Union Square Residences benefits from the scarcity of new residential launches in District 1. The rejuvenation of the Singapore River precinct and the Pearl's Hill master plan further safeguard long-term value. - Rental Potential: Given its proximity to major Grade-A offices and the Downtown Financial District, there is a high "ready-pool" of professional expatriate tenants seeking the convenience of an integrated lifestyle and a short commute to work.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
2
Average Price
S1.6M
Total Value
S3.2M
Calculating fair value from URA transaction data…
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Automated Valuation based on 1144 URA transactions · 145 outliers removed (IQR)
Fair Value
S$2.20M
S$3,101 psf
Asking Price
S$1.88M
S$2,648 psf
vs Market
-14.6%
vs Last Done
+6.3%
Tenure
104 yrs
99-year Leasehold · Balance remaining
Confidence
High
1144 comps
Nearest MRT
Clarke Quay
343m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1144 comparable transactions
S$3,011
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$3,101
Recent Comparable Transactions
10 shown · 1144 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | CLARKE QUAY Floor 01-05 | 1,959sqft | S$4,880,000 | ▼S$2,491 -19.7% vs FV | 99 yrs lease commencing from 2021 |
Aug 2025 | CLARKE QUAY Floor 01-05 | 1,959sqft | S$4,880,000 | ▼S$2,491 -19.7% vs FV | 99 yrs lease commencing from 2021 |
Aug 2025 | UNITY STREET Floor 01-05 | 431sqft | S$1,374,000 | ▲S$3,191 +2.9% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 06-10 | 1,044sqft | S$3,549,000 | ▲S$3,399 +9.6% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 06-10 | 1,023sqft | S$3,404,000 | ▲S$3,329 +7.4% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 01-05 | 980sqft | S$3,301,000 | ▲S$3,370 +8.7% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 01-05 | 721sqft | S$2,386,000 | ▲S$3,308 +6.7% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 01-05 | 431sqft | S$1,380,000 | ▲S$3,205 +3.4% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 01-05 | 1,152sqft | S$3,720,000 | ▲S$3,230 +4.2% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 06-10 | 1,023sqft | S$3,444,000 | ▲S$3,368 +8.6% vs FV | 999 yrs lease commencing from 1841 |
Aug 2025 | UNITY STREET Floor 06-10 | 721sqft | S$2,446,000 | ▲S$3,392 +9.4% vs FV | 999 yrs lease commencing from 1841 |
CLARKE QUAY
Aug 2025 · Floor 01-05
-19.7% vs FV
CLARKE QUAY
Aug 2025 · Floor 01-05
-19.7% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+2.9% vs FV
UNITY STREET
Aug 2025 · Floor 06-10
+9.6% vs FV
UNITY STREET
Aug 2025 · Floor 06-10
+7.4% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+8.7% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+6.7% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+3.4% vs FV
UNITY STREET
Aug 2025 · Floor 01-05
+4.2% vs FV
UNITY STREET
Aug 2025 · Floor 06-10
+8.6% vs FV
UNITY STREET
Aug 2025 · Floor 06-10
+9.4% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.