Clarke Quay isn't the first place most buyers think of for a “tranquil” home — but that's exactly the angle CDL is taking with Union Square Residences, a 366-unit development at 28 Havelock Road.

The numbers. Launch prices start from $1.38 million for a 463 sq ft one-bedroom ($2,981 psf), with two-bedders from $1.998 million ($2,854 psf) and three-bedders from $2.82 million ($2,848 psf). At roughly $2,848–2,981 psf, it's priced in the same range as nearby Canninghill Piers ($2,960 psf) — solidly District 1 pricing, but not a premium over its closest comparable.

Why it's being called “underrated.” Unlike the high-energy stretch of Clarke Quay itself, Union Square sits in a slightly quieter pocket, with 65 retail units planned as part of the development to support the area's ongoing rejuvenation. For buyers who want District 1 prestige and connectivity without being in the thick of nightlife foot traffic, that positioning is worth noting.

The trade-offs. The site sits near two religious sites, and future developments nearby could affect views over time — both worth checking in person before deciding. TOP is estimated for 2028, so this is a longer-horizon purchase for anyone planning to move in rather than hold.

Where it fits in today's market. With Core Central Region prices leading the broader market in 2026 (up ~1.8–2.0% in Q2 alone), District 1 exposure at a price roughly in line with its neighbours is a combination that tends to interest both owner-occupiers and investors looking for prime-district resilience. Worth a viewing if District 1 is on your radar.