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Chief Editor March 02 2026

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A penthouse at Union Square Residences was just sold for a record high price of $18.5 million

A penthouse at Union Square Residences along Havelock Road was just sold for a record-high of $18.5 million ($3,827 psf). The lease of this 449 sqm apartment started in 2024, leaving it with as remaining 97 years lease and is located on the 40th floor. This floor area is equivalent to 4,832-sq ft. 

Union Square Residences is a new luxury 99-years leasehold residential development in Singapore’s prime District 1 at Havelock Road, launched by City Developments Limited (CDL) as part of the larger Union Square mixed-use precinct. It comprises a 40-storey tower with 366 units ranging from 1- to 5-bedroom apartments, including penthouses and sky suites, designed for modern urban living with premium finishes and a suite of lifestyle facilities such as pools, gyms, and social spaces.

Located near the Singapore River, Clarke Quay MRT station, the development offers excellent connectivity and access to dining, shopping, parks and the Central Business District, blending urban convenience with vibrant city living.

The recent property transaction surpassed the previous record high in Union Square Residences. In November 2024, an apartment was sold for $9.29 million ($3,751 psf). That apartment measures 2,475 sq ft and is locate on the 36th to 40th floor range.  

You can check all the private residential transactions (and more) for Union Square Residences using our research tools.

The apartment should appeal to parents with school-going children, as they are within walking distance of several schools, including CHIJ (Kellock), St Margaret's School (Primary), Cantonment Primary School, Outram Secondary School, Gan Eng Seng School and CHIJ St Theresa's Convent. Nearby subway stations include Outram Park, Bras Basah and Great World. Shopping can be done in places like Sheng Siong Supermarket, FairPrice Chinatown Point and CS Fresh.