Union Square Residences crosses 213 units sold, median psf down 12.6% since launch month
Published 23 Sept 2026 · Union Square Residences
Union Square Residences in District 1 has recorded 213 developer sales since November 2024, or 58.2% of its 366 units. The overall median stands at S$3,063 psf, and 53 of those sales were lodged in the three months to August 2026.
The median psf has moved -12.6% from the project's first selling month to its latest. It was S$3,160 psf in November 2024 and S$2,762 psf in August 2026, based on caveats lodged with the URA Data Service. The 99-year leasehold project is developed by City Developments Limited, according to the developer's website.
November 2024 remains the busiest month
The launch month drew 94 caveats, the highest of the 19 months of selling. Monthly volumes then fell to single digits through 2025, with one caveat each in April 2025, May 2025, December 2025, February 2026 and March 2026.
Activity picked up again from April 2026. May 2026 recorded 17 caveats, July 2026 recorded 33 and August 2026 recorded 10, taking the cumulative count to 213.
The monthly medians in that later stretch sit below those of 2025. February 2026 marked the highest monthly median at S$3,828 psf, on one caveat.
| Month | Caveats | Cumulative | Median psf |
|---|---|---|---|
| November 2024 | 94 | 94 | S$3,160 psf |
| December 2024 | 5 | 99 | S$3,172 psf |
| January 2025 | 11 | 110 | S$3,333 psf |
| February 2025 | 4 | 114 | S$3,137 psf |
| March 2025 | 5 | 119 | S$2,980 psf |
| April 2025 | 1 | 120 | S$3,375 psf |
| May 2025 | 1 | 121 | S$3,188 psf |
| June 2025 | 2 | 123 | S$3,334 psf |
| July 2025 | 6 | 129 | S$3,267 psf |
| August 2025 | 3 | 132 | S$3,100 psf |
| September 2025 | 2 | 134 | S$3,170 psf |
| December 2025 | 1 | 135 | S$3,449 psf |
| February 2026 | 1 | 136 | S$3,828 psf |
| March 2026 | 1 | 137 | S$3,354 psf |
| April 2026 | 6 | 143 | S$2,840 psf |
| May 2026 | 17 | 160 | S$2,855 psf |
| June 2026 | 10 | 170 | S$2,765 psf |
| July 2026 | 33 | 203 | S$2,793 psf |
| August 2026 | 10 | 213 | S$2,762 psf |
Units of 50 to 69 sqm were the most sold size band
The 50 to 69 sqm band accounts for 106 of the 213 caveats, at a median price of S$2,243,500 and a median of S$3,082 psf. The median area in that band is 732 sqft.
The largest band, at 120 sqm and above, has eight caveats at a median price of S$5,174,000 and a median of S$3,409 psf. Units of 90 to 119 sqm recorded the lowest median psf of the four bands, at S$2,859 psf.
| Size band | Caveats | Median area | Median price | Median psf |
|---|---|---|---|---|
| under 50 sqm | 45 | 506 sqft | S$1,520,000 | S$3,072 psf |
| 50 to 69 sqm | 106 | 732 sqft | S$2,243,500 | S$3,082 psf |
| 90 to 119 sqm | 54 | 1,066 sqft | S$2,944,000 | S$2,859 psf |
| 120 sqm and above | 8 | 1,518 sqft | S$5,174,000 | S$3,409 psf |
Launch median is 41.8% above nearby resales
Within 1,000 m of the project, 866 resales across 94 completed projects were recorded over the 24 months to August 2026. Their median was S$2,160 psf, based on caveats lodged.
Principal Garden, 412 m away, logged the most resales among them with 79 at a median of S$2,167 psf. The nearest project in the table below is Valley Park at 233 m, with 32 resales at a median of S$2,198 psf.
| Project | Tenure | TOP | Distance | Resales | Median psf |
|---|---|---|---|---|---|
| Principal Garden | 99-year leasehold | — | 412 m | 79 | S$2,167 psf |
| The Crest | 99-year leasehold | — | 664 m | 51 | S$1,990 psf |
| Alex Residences | 99-year leasehold | — | 876 m | 47 | S$2,256 psf |
| Echelon | 99-year leasehold | — | 996 m | 43 | S$2,200 psf |
| Valley Park | 999-year leasehold | — | 233 m | 32 | S$2,198 psf |
| Rv Residences | 999-year leasehold | — | 260 m | 28 | S$2,323 psf |
| Spring Grove | 99-year leasehold | — | 505 m | 26 | S$1,809 psf |
| Central Green Condominium | 99-year leasehold | — | 966 m | 23 | S$1,742 psf |
One Marina Gardens led other District 1 launches
Among other launches in the district over the 12 months to August 2026, One Marina Gardens recorded the most developer sales with 136 caveats at a median of S$2,998 psf.
W Residences Marina View - Singapore recorded 13 caveats at a median of S$2,660 psf. Skywaters Residences recorded four at a median of S$5,914 psf, a count too small to read as a project-wide median.
| Project | Tenure | Expected TOP | Caveats | Median psf |
|---|---|---|---|---|
| One Marina Gardens | 99-year leasehold | — | 136 | S$2,998 psf |
| W Residences Marina View - Singapore | 99-year leasehold | — | 13 | S$2,660 psf |
| Skywaters Residences | 99-year leasehold | — | 4 | S$5,914 psf |
Of the 366 units, 213 have been sold over 19 months of selling, leaving the project at 58.2% sold as at August 2026. The three months to August 2026 accounted for 53 of those caveats.
Method: URA caveats for developer sales ('new sale') at the project, dated to the month. Size bands by the caveated floor area. The nearby comparison is resale caveats in completed projects within one kilometre over 24 months, unadjusted for size, age or floor. Units sold is the caveat count, which lags option exercises by weeks. Private figures are from URA Data Service caveats, HDB figures from data.gov.sg resale records, both loaded weekly by this site's ingest. Medians are of the non-excluded transactions in the period named. Sales flagged by the hygiene rules (related-party transfers, bulk deals, outliers) are left out. Every figure is indicative and drawn from recorded transactions, not a formal valuation. Facilities, layouts and photographs, where shown, are as supplied by the developer or seen on our own visit, and are not engine data.