One of the units sold was the 2,476 sq ft five-bedroom Sky Suite on level 38 for $9.288 million ($3,751 psf). The deal is said to be brokered by an agent from PropNex.
Singapore-listed property group City Developments (CDL) announced that it had sold 75 units (about 20%) of the 366-unit Union Square Residences at an average price of $3,200 psf as of 6pm on Nov 9. The project was previewed on Nov 1.
According to CDL, about 83% of the buyers at Union Square Residences are Singaporeans. The remaining 17% are permanent residents (PRs) from China, Malaysia, the UK and the Netherlands, and foreigners from Norway and the USA, who enjoy the same tax treatment as Singaporeans.
