Union Square Residences
20 Havelock Rd, Singapore 059765
Sep 2024
366 Units of 1-4 Bedrooms in Central
Detailed Overview of Union Square Residences
Location: Union Square Residences is a new mixed-use development located at 20 Havelock Road in Singapore's District 1. This prime location places it in close proximity to key areas such as Clarke Quay, Chinatown, and the Central Business District (CBD). The development enjoys excellent connectivity, being near several MRT stations including Clarke Quay, Fort Canning, and Chinatown, and has easy access to major expressways like the Central Expressway (CTE) and Marina Coastal Expressway (MCE).
Developer Background: The project is developed by City Developments Limited (CDL), a leading real estate developer in Singapore. CDL is known for its high-quality developments and innovative designs. Union Square Residences is part of CDL's larger redevelopment plan for the Central Square area, acquired for SGD 315 million. This project falls under the Urban Redevelopment Authority’s Strategic Development Incentive Scheme, aimed at revitalizing the Singapore River planning area.
Architectural Design: Union Square Residences will feature around 366 residential units ranging from one to four bedrooms. The architectural design emphasizes modern luxury and sustainability, incorporating eco-friendly elements such as energy-efficient appliances, water-saving fixtures, and natural ventilation strategies. The development includes commercial units, providing residents with retail shops, restaurants, and office spaces right at their doorstep.
Vicinity and Amenities: Educational Institutions: Union Square Residences is surrounded by numerous reputable educational institutions, including:
- Primary Schools: River Valley Primary School and Cantonment Primary School.
- Secondary Schools: Outram Secondary School.
- Tertiary Institutions: Singapore Management University (SMU) and Nanyang Academy of Fine Arts.
- Specialty Schools: School of the Arts Singapore (SOTA) and Aesthetics International Academy.
Shopping and Dining: Residents will find a variety of shopping and dining options nearby. Major shopping centers like Clarke Quay Central and UE Square Shopping Mall offer a wide range of retail, dining, and entertainment options. The area is also known for its vibrant food scene, with hawker centers such as Chinatown Complex Market & Food Centre and Maxwell Food Centre providing diverse and affordable local cuisines.
Recreational Facilities: Union Square Residences provides access to several green spaces and parks, such as Fort Canning Park and Hong Lim Park. These parks offer a serene environment for outdoor activities and relaxation. The development itself features state-of-the-art amenities including fitness centers, swimming pools, and landscaped gardens, fostering a vibrant and active community.
Advantages and Disadvantages
Advantages:
- Prime Location: Strategically located in the heart of Singapore, offering easy access to major business districts, shopping, dining, and entertainment options.
- Educational Proximity: Close to top educational institutions, making it ideal for families with children.
- Comprehensive Amenities: A wide range of amenities both within the development and in the surrounding area ensures convenience and a high quality of life.
- Excellent Connectivity: Proximity to multiple MRT stations and major expressways facilitates smooth commuting.
- Sustainable Design: Incorporation of eco-friendly design principles offers long-term cost savings and environmental benefits.
Disadvantages:
- Higher Cost: The premium location and luxurious amenities come with a higher price tag.
- Construction Noise: Ongoing construction in the area might cause some inconvenience to early residents.
- Traffic Congestion: The area’s popularity might lead to traffic congestion, particularly during peak hours.
Conclusion
Union Square Residences represents a pinnacle of urban living, combining luxury, convenience, and sustainability in one of Singapore's most vibrant districts. Its strategic location, excellent connectivity, comprehensive amenities, and focus on modern, eco-friendly living make it an attractive choice for homebuyers and investors. Whether you are a professional, a family, or an investor, Union Square Residences offers a sophisticated and dynamic lifestyle in the heart of Singapore.