When considering a property investment in Singapore, location, amenities, and price are key factors. Union Square Residences at 20 Havelock Road stands out as a compelling option, offering luxurious living in a prime location. In this article, we’ll explore why Union Square Residences is a great deal, comparing it to other condos in the area and examining the average condo prices in Singapore.
Union Square Residences Condo Prime Location and Connectivity
Union Square Residences is nestled in one of Singapore’s most sought-after districts, just a stone’s throw from the Central Business District (CBD). The condo is well-connected, with Clarke Quay, Fort Canning, and Chinatown MRT stations all within walking distance. This prime location means residents enjoy easy access to top dining, shopping, and entertainment venues, along with a seamless commute to work.
Living in such a well-connected area is a significant advantage, especially in Singapore’s fast-paced urban environment. The convenience of having everything you need within reach cannot be overstated, making Union Square Residences an attractive option for both homeowners and investors.
Comparison with Nearby Condos
When comparing Union Square Residences to other condos in the vicinity, it holds its own in terms of both price and value. Nearby developments like River Place and Martin Modern are also located in prime areas, but they come with significantly higher price tags.
- River Place: Located along Havelock Road, River Place offers units ranging from $1,800 to $2,200 per square foot (psf). While it’s a well-established development, it lacks some of the modern amenities and smart home features that Union Square Residences offers.
- Martin Modern: Situated in the Robertson Quay area, Martin Modern is another luxury condo with prices ranging from $2,500 to $2,800 psf. Although it boasts lush greenery and spacious layouts, the higher price point might be a stretch for some buyers, especially when compared to the offerings at Union Square Residences.
In contrast, Union Square Residences is expected to offer competitive pricing in the range of $2,000 to $2,500 psf. This positions it as a more affordable option without compromising on luxury, making it a smarter investment for those looking to balance cost with high-end living.
Average Condo Prices in Singapore
Understanding the average condo prices in Singapore helps put Union Square Residences’ pricing into perspective. As of 2024, the average price for a private condominium in Singapore hovers around $2,072 psf, with luxury developments in prime districts often exceeding $2,500 psf (Prop.sg).
Given these figures, Union Square Residences offers a reasonable entry point into a prime district. It provides modern amenities, smart home features, and a strategic location, all at a price that aligns with the market average. This makes it an attractive option not just for homebuyers, but also for investors looking for properties with good potential for capital appreciation.
The Investment Potential
Investing in Union Square Residences goes beyond just owning a home; it’s about securing a property in an area poised for future growth. The Central Business District and the surrounding areas are continually evolving, with new developments, enhanced connectivity, and lifestyle upgrades on the horizon. As Singapore continues to develop its urban landscape, properties in central locations like Union Square Residences are expected to appreciate in value.
Moreover, the 99-year leasehold status of Union Square Residences, coupled with the reputable developer, City Developments Limited (CDL), adds another layer of confidence for buyers. CDL has a long-standing reputation for delivering quality projects that retain their value over time, making Union Square Residences a safe and promising investment.
Modern Living with Smart Features
Union Square Residences isn’t just about location; it’s about offering a modern lifestyle. The condo is equipped with the latest smart home technologies, allowing residents to control lighting, security, and climate with ease. These features not only enhance the living experience but also add value to the property, making it a more attractive option for tech-savvy buyers.
The development also includes a range of top-tier amenities, such as a state-of-the-art fitness center, infinity pool, and lush landscaped gardens. These features ensure that residents enjoy a balanced and luxurious lifestyle, further boosting the condo’s appeal.
Why Union Square Residences is a Worthy Investment
Union Square Residences offers a unique blend of prime location, modern amenities, and competitive pricing, making it a worthy investment. Compared to other condos in the area, it provides excellent value for money, especially considering its strategic location and the future growth potential of the surrounding area. For those looking to invest in a property that offers both luxury and practicality, Union Square Residences is an opportunity not to be missed.
For more information on Union Square Residences or to schedule a viewing, visit the official website or contact the sales team directly. Don’t miss out on the chance to own a piece of Singapore’s vibrant urban landscape at a price that offers both value and potential for growth.