Canninghill Piers

FACTSHEET

CanningHill Piers will occupy the formerly known site of Liang Court. Currently the site comprise of Liang Court Apartments, Liang Court Mall, and Novotel Hotel. The newer redevelopment of such mixed use development will revitalise the area to cater for the younger generation and its affinity for the part of town. Located just beside Singapore River, residents are able to take a stroll down to the popular Clarke Quay and Boat Quay area. 

The Consortium that will developed the site which has an estimated Gross Floor Area of 100,263 sqm will contribute to part of the latest 2019 URA master plan in developing and enhancing the vibrancy of this area. With its rejuvenation and revitalisation of the river promenade precinct, it will generate more social activities around this proposed integrated development. In addition, CanningHill Piers will further improve the pedestrian accessibility that is along the Singapore River. 

The area along Singapore River is home to a myriad of lifestyle, cultural, and heritage offerings. Apart from many of these distinctive features that CanningHill Piers condominium has to offer, it also provide the importance of convenience. Easily connected is its seamless connectivity for the residents to access. Public transportation includes a direct link to Fort Canning MRT which is part of the Downtown Line. It is also a short walk to Clarke Quay MRT that is located within a short walk from the development. A few second drive will lead to The Central Expressway (CTE) via RiverValley Road. 

To know more about this mixed integrated project, register your interest to view Canninghill Piers Showflat.

About the Development

CanningHill Piers is a mixed integrated development comprising of the following components:

• Residential
• Commercial
• Hotel
• Service Apartments

The prime site that sits in District 09 offers residents a dual-frontage facing of the popular Singapore River and Fort Canning Hill. Potential buyers and investors will have a chance to own one of the very rare property trophy that comes with stunning views of the city centre and river. 

CanningHill Piers will comprised of 2 blocks of 24 and 48 storeys that overlooks Singapore River and Fort Canning Hill. It will comprise a total of 696 residential units with a range of 1 to 5 bedrooms to choose from. Within each bedroom types are different variation to cater for home owners. All units will come with the latest smart home system and partially furnished with the following:

• Fully furnished kitchen
• Fully furnished Bathroom
• Wardrobe built in every room
• Air Condition provided for living and bedrooms

…and many more!

Find out what CanningHill Piers has to offer. Register your interest to view CanningHill Piers Showflat today! 

The Developer & Site

Formerly known as the Liang Court, it is an iconic building with mixed residential, commercial, and hotel component that sits beside the banks of Singapore River. It will be slated for redevelopment that will comprise of an all new 2 residential tower consisting of 696 units up for sale. Formerly owned by Ascott Reit, the residential and commercial components will be sold off to joint venture CDL and CapitaLand. Ascott Reit will still own part of the hotel component that is the 192 unit serviced residence and will retain its Somerset branding. This is together with their hotel operating licence. CDL Hospitality Trust, under a forward purchase agreement with CDL, will own the hotel which will comprise of an estimated 460 – 475 rooms. This hotel will be operated under by the brand of Marriott International, namely Moxy Brand. 

As part of the government’s backing for a push to revitalise the area with such mixed used building in The Central region, CanningHill Piers will be another addition to an iconic building along Singapore River. 

CanningHill Piers will be another collaboration between CDL and CapitaLand. Prior to this development is Sengkang Grand Residences. This development that is jointly developed is a site located on top of Buangkok MRT station. It features 680 residential components and a mega shopping mall beneath.

CapitaLand is one of the most diversified real estate developer that is involve in sub sectors including commercial, retail, industrial, business parks, industrial, logistics, and many more. It has a presence around the globe and is also one of Asia’s largest real estate developer. 

City Development Limited is another real estate company that is part of Hong Leong Group.  It has been in the real estate scene locally in Singapore since 1963. The company is also listed on the Singapore Exchange and has developed many more iconic buildings in many Asian Countries. CDL has transformed the Singapore real estate scene and has won many numerous awards. In the recent decades, CDL has shifted to a more sustainable way of building with a common goal of “conserve as we Construct”. Their efficiency and innovation ways of building and construction sets the pathway and model for other real estate developers to adopt. 

Site Plan & Facilities

Register Your interest for more up to date information on CanningHill Piers Site Plan. Receive up to date news on CanningHill Piers Showflat launch and preview. Get your invitation to view our showflat by registering your interest in the form on this page to receive exclusive developer discounts and perks!

Floor Plan

CanningHill Piers comprise of a range of 1-5 bedrooms types and penthouses. In addition, there are variations within each type of layout to cater for different groups of home owners. Shown below are the various showflat layout plans.

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• CanningHill Piers e-Brochure Download
• CanningHill Piers Floor Plan Download
• CanningHill Piers Balance Unit/Availability Chart and Price List

SHOWROOM FLOOR PLAN

PRICE & Balance Unit

CanningHill Piers Indicative prices & balance unit

Register your interest for CanningHill Piers price and discount available. CanningHill Piers preview launch will be exclusive only for registered buyers. Receive your private invitation to CanningHill Piers showroom and showflat preview here!

The pricing indicated above are subject to change and may not be up to date. For more information on CanningHill Piers price and availability, fill in the form below for a showroom appointment. Showflat is open by an appointment basis so hurry and register your interest for a viewing session to avoid any disappointment!

Why is CanningHill Piers a good buy

6 main reason to make CanningHill Piers your next purchase

• Exceptional location and Infrastructure
• Potential Capital Appreciation
• Rental Yield and Returns
• Limited Land Supply
• Masterplan to developed parts of River Valley area
• Uniqueness of CanningHill Piers

1. Exceptional location and Infrastructure

Before buying a home, one must always consider the location of purchase. This is the primary element to consider over other consideration. The Central Core Region or CCR of Singapore is one of the most highly priced real estate that you can find in Singapore. This is due to its strategic positioning, excellent connectivity, and various infrastructures that are in place. CanningHill Piers however offers some extra features and elements of having the element of not just being located in a prime District 09, but with views of both Singapore River and Fort Canning Hill. Residents are able to enjoy being located just doorstep to these elements. CanningHill Piers is also not just a pure residential development. It is a mixed development that comprise of commercial retail components on the ground level, hotel, and service apartments that are managed by the Marriott group of managing companies. 

2. Potential Capital Appreciation

Every home owner wishes that their property value appreciates as time goes by. In the past years, the property of resale transaction has gone up in The Central Core Region. Data from URA has reveal an uptrend in the transaction volume of residential property in this area. 

• 729 units 1st Quarter 2017
• 1,171 units 2nd Quarter 2017
• 1,470 units 3rd Quarter 2017

This reveal the pent up demand in this region of Singapore which will eventually lead to a shortage of supply and increase in value of D09 properties. Find out more information over at CanningHill Piers showflat and see the potential for capital appreciation of this development.

3. Rental Yield and Returns

CCR properties were the least affected in this suppress rental period. The low supply for high end property listings has an advantage during this down period. Moreover, the low entry prices seems to be attractive for one that is looking for rental properties in the prime district. 3rd quarter of 2018 shows the vacancy rate for residential property at 6.8%. Due to its locality and uniqueness of the area, rental prices are generally well protected in the down cycle. CanningHill Piers condominium offers the ideal location for easy rental demand due to its location right next to MRT with integrated amenities and close proximity to CBD.

4. Limited Land Supply

Singapore land supply is tightly controlled by the Singapore Government. Due to its limited overall land banks, there are only a few plots of Government Land Sales that are release for tender each year. Having an opportunity to own a brand new unit in a prime location of District 09 River Valley located just beside Singapore River is extremely rare. These prime properties commands a high demand among foreign investors from Asia. Investors can expect a good return over time as the scarcity of such land dwindle as time passes. Over at CanningHill Piers showroom, you will learn more about how rare a development like this is to come by.

5. Masterplan to developed parts of River Valley area

River Valley is a dynamic area with easy accessibly to amenities and infrastructure. The 2019 URA Master Plan will further enhance its locality by infusing new features in the Downtown, Rochor, Marina South area. This is to further enable more residents a chance to reduce commute time to work and further adopt a live, work, play lifestyle. The plan also infuses a healthier lifestyle by introducing and connecting a 6km urban corridor from Orchard to Fort Canning Park and eventually to Singapore Botanic Gardens.

6. Uniqueness of CanningHill Piers

The area that surrounds CanningHill Piers is very rich in its culture and arts. A walk down Clarke Quay and Boat Quay, one can find many conserved shophouses with colonial architecture and design being preserved by the Government. Nearby neighbourhood such as Chinatown, Little India, and Kampung Glam further adds to the experience of of the rich heritage and culture of Singapore. All these are infuses with contemporary arts and modern design of different iconic building that one may find along River Valley and Singapore River. CanningHill Piers will be one of the modern building that will add to the skyline along Singapore River. 

In Summary, CanningHill Piers offers:

• Iconic mixed integrated development by reputable developers
• Great location in District 09 for the modern family
• Doorstep accessibility to public transportation
• Close proximity to CBD and town
• Rich in culture and heritage
• Wide dual frontage view of both Singapore River and Fort Canning Park
• Rare trophy for home buyers to own along Singapore River

Register your interest in the form provided to find out more over at CanningHill Showflat today! Receive a private invitation to our grand showroom today!

Frequently Asked Questions (FAQ)