Overview of Union Square Development

A groundbreaking mixed-use development named Union Square is set to rise near the picturesque Singapore River, scheduled for completion by 2029. This ambitious project, spearheaded by City Developments Limited (CDL), will transform the site of the former Central Mall and Central Square on Havelock Road into a vibrant community hub.

Union Square Residences

One of the standout features of Union Square will be the Union Square Residences, boasting a total of 366 luxury condominium units. Residents will enjoy exclusive amenities including two state-of-the-art clubhouses and a sparkling swimming pool located on the impressive 34th floor.

The development will feature a variety of leasehold apartments, with options ranging from cozy one-bedroom units to spacious four-bedroom homes. These units, spanning from 463 to 1,518 square feet, will attract a wide range of buyers seeking modern urban living.

Preview and Launch

Starting from November 1, potential buyers will have the opportunity to preview these stunning residences, although they will need to await the official launch date to secure their bookings. This anticipation is expected to draw significant interest, particularly given the impeccable design and sought-after location.

Enhancing Accessibility

In a move aimed at enhancing pedestrian accessibility, the development will also see the conversion of certain portions of Merchant Road and Solomon Street into pedestrian-only areas. This transformation is part of the Urban Redevelopment Authority's (URA) ongoing initiative to establish a seamless walking route connecting Fort Canning Park with Pearl's Hill City Park.

This project promotes an eco-friendly urban environment and encourages community interactions.

Strategic Development Incentives

This redevelopment is undertaken under URA’s Strategic Development Incentive scheme, which has granted CDL a substantial 67 percent increase in gross floor area. This means that the new Union Square will encompass an impressive built floor area of 735,500 square feet, significantly increasing the available space for both residential and commercial use.

A Self-Sustaining Community

The Union Square development is designed to be a self-sustaining community, featuring not just luxury residences but also a dedicated 20-storey office block and a three-storey commercial space that will house 134 co-living units.

The co-living concept is particularly innovative, as it will operate under a hotel license, allowing guests to book stays of less than seven days, catering to both locals and visitors looking for short-term accommodations.

Conclusion

As Singapore continues to evolve, projects like Union Square not only promise to enhance the cityscape but also aim to create dynamic living and working environments for residents and businesses alike. Keep an eye on this exciting development as it takes shape, and get ready to be part of Singapore's next landmark!