Canninghill Piers Integrated Development Condo at River Valley, Clarke Quay By CDL and CapitaLand

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Tuesday, October 8th 2024 : Welcome To Canninghill Piers, 康宁河湾!

Project Name	Canninghill Piers (Former Liang Court) 康宁河湾
District	09
Developer & Registered Address	City Developments Limited (CDL), CapitaLand Limited (CapitaLand) and Ascott Residence Trust (Ascott Reit)
Address	177 River Valley Road Singapore 179030
Showflat Location	River Valley Road (Click here for more)
Developer Sales Hotline	+6561003780
Est Indicative Selling Price Range	Above S$ psf (Click here for more)
Tenure	99 years leasehold
Description	Canninghill Piers, new integrated development developed by CDL, CapitaLand and Ascott Reit. Target to launch in 2021, and for official details project details, floor plans, showflat appointment to be obtained at https://www.canninghillpiers.com An integrated development comprising: · Two residential towers comprising around 700 apartments · Commercial component · Hotel · Serviced residence with a hotel licence · Basement car park
No of Units	Integrated development with 700 residential apartments
Expected TOP	Phased completion from 2024
Land Area	12,925.4 sq m
Gross Floor Area	· Residential 60,158 sq m · Commercial 11,530 sq m · Hotel 15,541 sq m · Serviced residence 13,034 sq m (with a hotel licence) · Total 100,263 sq m
Lot Number	TS09-00147V
Developer’s Licence No:	TBA
Project Account No:	TBA
Financial Institution:	TBA

Review on City Development (CDL), CapitaLand and Ascott Reit Emerged As The Developer of Canninghill Piers condo

Everyone loves Video : Let’s watch the surrounding view on the Canninghill Piers

Canninghill Piers is an upcoming integrated development situated at River Valley Road and in the vicinity of Clarke Quay. The property is set to house about 700 units in two residential towers. The former development on the site comprises Novotel hotel, Liang Court Mall, and Somerset Liang Court’s serviced residences.

Through a joint release, City Development (CDL) and CapitaLand announced the entry of Ascott Residence Trust (Ascott Reit) into the consortium that will develop Canninghill Piers expected to be completed in 2024.

Canninghill Piers site enjoys a GFA of 100,263 sq m. The proposed development, once approved by the respective authorities, will feature a hotel, commercial units, and a serviced residence. It will enjoy direct connectivity to Fort Canning MRT.

The redevelopment of the site comes after CDL Hospitality Trusts (CDLHT) sold the property to CLD and CapitaLand to be developed on a 50:50 ratio. Ascott Reit has also sold some of its assets on the site including Somerset Liang Court to CDL.

Upon completion of Canninghill Piers, CDL-CapitaLand will own the commercial and residential components while 192 units of serviced residence with a hotel license will be under Ascott Reit. CDLHT is set to own the hotel featuring between 460 and 470 rooms on a forward purchase agreement with CDL. The hotel will be run by Marriott International operating as Moxy, and the serviced residences will operate as Somerset.

The three leading developers in Singapore also plan to revamp the river promenade to add new life to Canninghill Piers. The plans agree with URA’s 2019 Master Plan of increasing vibrancy in the area. The demand for Canninghill Piers is expected to be high because of its strategic location with easy access to amenities.

The three heavy weight developers behind Canninghill Piers are CDL, CapitaLand and Ascott Reit. The residential and commercial units are shared between CapitaLand and CDL on a 50:50 basis, the hotel is under CDL, while Ascott Reit takes the serviced apartments with a hotel license. These Singapore-based developers are not new in the real estate scene and completed high performing past projects designed to surpass the industry’s standards.

Clarke Quay MRT Station Near Canninghill Piers Condo Integrated Mixed Development at River Valley Clarke Quay by CDL and CapitaLand

Surrounding View at Upcoming Canninghill Piers! (Former Liang Court)

Canninghill square, Canninghill square River Valley, Canninghill Piers CDL, Canninghill Piers Capitaland, Canninghill Piers Liang Court

Latest Information Canninghill Piers Price List As At Tuesday, October 8th 2024 updated, Register to receive the price list and book showflat appointment!

Benefits That Residents of Canninghill Piers Will Enjoy Living in River Valley, Clarke Quay District 09 of Singapore

River Valley properties, alongside neighbouring areas like Cairnhill and Orchard, are highly demanded by wealthy foreigners and Singaporeans. There are many reasons why everyone’s after district 9 properties. One that stands out is location. They sit on prime land in the central region of Singapore and enjoy easy access to world-class shopping and lifestyle amenities, reputable schools, parks, just to mention a few. It is the most prestigious neighbourhoods across the country, famous for its luxurious lifestyle.

Considering that River Valley is the most family-centric neighbourhood across district 9, the future residents of Canninghill Piers have a lot to expect. Everything is right next to your door when living here, even the world-renown Orchard Road shopping belt.

Canninghill Piers presents a rare opportunity for you to live in the opulent River Valley. So, if you’re wondering about the benefits to enjoy when living in this neighbourhood, here’s a quick rundown on what it offers:

Distance From Canninghill Piers To Fort Canning MRT station directly linked and only less than 5 mins walk

Canninghill Piers – Strategic Excellent Location

Location is key in real estate. The choice of location has a huge impact on property value. The prestigious district 9 is an incredible location equipped with everything at hand. Living at Canninghill Piers or owning a property here means staying close to a host of amenities. Canninghill Piers sits close to the city, MRT stations, restaurants, shopping destinations, schools, parks and places of worship. With such an excellent location, its residents will enjoy unmatched convenience.

Many expats prefer living in River Valley because of the quick access to amenities and closeness to the Central Business District. Canninghill Piers sits in the central region of Singapore within a short 11-minute drive to the CBD. Dhoby Ghaut MRT station is also a stone’s throw away. The enhanced connectivity, coupled with its central location in the heart of Singapore, will allow Canninghill Piers residents to connect to different parts of the island seamlessly.

There are plenty of shopping and dining options for River Valley residents. Apart from the upcoming hotel within Canninghill Piers, they can easily access the nearby restaurants close by. When it comes to shopping, the residents are mere minutes away from Great World City and the popular Orchard Road shopping belt featuring various malls and shopping centres for unlimited retail therapy. Furthermore, the nearby town of Robertson Quay provides more relaxed places for Canninghill Piers residents. You can expect perfect spots to relax and unwind the week’s stress from the restaurants, bistros, bars, and art houses.

River Valley is a family-friendly residential area due to its proximity to many schools. There are local schools within sight, such as River Valley Primary School. The area is popular with expatriates, and it features many international schools from kindergartens like the Overseas Family School to the Singapore International Schools, all within an easy commute.

District 9 also boasts of a host of places of worship. The neighbourhood is home to Sri Thendayuthapani Temple found at Tank Road within a 7-minute stroll from Canninghill Piers. Also on your doorstep is Ngee Ann Kongsi which is within a 9-minute walk. St Bernadette situated at Zion Road and Chesed-El Synagogue on Oxley Rise are also mere minutes away from Canninghill Piers.

River Valley also features reputable private medical centres and hospitals such as Camden Medical Centre found within an 11-minute ride, Gleneagles only 12 mins drive away, and Mount Elizabeth at a short 9-minute ride away from Canninghill Piers. With these top healthcare centres positioned close to Canninghill Piers, the future residents will enjoy quick access to quality medical care.

The neighbourhood is also a great place to enjoy the serene environment as you take a gentle stroll along the river. Families living in Canninghill Piers will appreciate what the area has to offer thanks to a host of outdoor destinations available within minutes walk. Apart from the nearby Fort Canning Park, there are many kid-friendly places in the neighbourhood. Cultural and heritage sites are also within reach from Canninghill Piers, giving residents more outdoor options.

Fort Canning MRT Station Super Near To Canninghill Piers Condo Integrated Mixed Development at River Valley Clarke Quay by CDL and CapitaLand

Canninghill Piers River Valley – Enhanced Connectivity

River Valley offered seamless connectivity to its residents. Canninghill Piers residents are served with several bus services with bus stops scattered throughout the district. Dhoby Ghaut MRT station is within a 15-minute walk from Canninghill Piers while transportation to other nearby MRT stations like Somerset, Orchard, Newton, Bras Basah is a breeze.

The upcoming Great World MRT Station will be one of the nearest MRTs at less 5-minute walk to upcoming Fort Canning Park MRT and also around 15-minute walk from Canninghill Piers. Once done, Canninghill Piers residents will easily access it with a leisurely stroll to connect with the Thomson-East-Coast MRT Line.

Car owners will have an easy time getting through the neighbourhood and to other parts of Singapore. River Valley is well served by major roads and expressways thanks to its proximity to the CBD.

Latest Updates As At Tuesday, October 8th 2024 updated, Register to receive the price list and book showflat appointment when ready!

River Valley Primary School

Canninghill Piers Clarke Quay – Proximity to Good Schools

For families with kids, Canninghill Piers is an excellent place to make their home. There are many reputable schools within reach. The schools cut across all the educational levels of Singapore plus the area is packed with international schools as well. With plenty of options, you get to choose the best curriculum for your kids and allow them to learn close to home.

Here are some of the schools within a quick reach:

River Valley Primary School – 6 min drive
Singapore Management University – 6 min drive
SOTA (School of the Arts Singapore) – 6 min drive
ISS International School – 8 min drive
Lasalle College of the Arts – 9 min drive
Anglo-Chinese School (Junior) – 10 min drive
Gan Eng Seng Secondary School – 10 min drive
Alexandra Primary School – 11 min drive

Families with young kids will also appreciate the convenience with easy access to children care centres and preschools within the neighbourhood.

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Clarke Quay

Canninghill Piers (Former Liang Court) Near To Shopping Malls

Among the crucial amenities to look for before buying a home are shopping malls. Even if you’re not a shopaholic, living a few minutes away from them makes accessing your daily necessities easier. River Valley has a host of malls and enjoys easy access to more grocery and retail shopping options nearby. Besides, the malls offer cool hangout spots with your friends and family when not shopping. They feature several restaurants and cafes serving tasty drinks and delicious foods.

River Valley being the shopping paradise it is, you can be sure to find anything you want within a short drive. The neighbourhood comes complete with a plethora of malls offering anything you may ever need when staying here. For more shopping options, residents can easily connect to nearby neighbourhoods. The nearby Orchard Road is one of the best areas with plenty of shopping malls. Everything is available here from trendy fashions, big brands, cosmetic stores, convenient supermarkets, to hundreds of food options.

Here are some of the malls right next to Canninghill Piers in River Valley:

UE Square – 6 min walk
Robertson Walk – 8 min walk
Clarke Quay – 4 min drive
Great World City- 6 min drive
Plaza Singapura – 5 min drive
The Cathay – 6 min drive
Orchard Gateway – 7 min drive
Orchard Central – 9 min drive
Orchard Point – 6 min drive
313 Somerset – 6 min drive
Orchard Building – 8 min drive
Tripleone Somerset – 5 min drive
SCAPE – 8 min drive
Heerens – 9 min drive
The Centrepoint – 9 min drive
Paragon – 9 min drive
ION Orchard – 10 min drive
Cineleisure Orchard -9 min drive
Wisma Atria – 8 min drive
Lucky Plaza – 10 min drive
Valley Point – 8 min drive
Park Mall – 7 min drive
Cuppage Plaza – 7 min drive
Wheelock Place – 8 min drive
Tang Plaza – 10 min drive

Within malls available within an easy stroll or a short distance drive less than 10-minute long, the future residents of Canninghill Piers will be greeted by several exciting shopping options. Apart from shopping, the malls feature gyms, restaurants, entertainment amenities, and provide important services like banking, health clinics, and laundromats.

Many Restaurants Around Canninghill Piers Condo Integrated Mixed Development at River Valley Clarke Quay by CDL and CapitaLand

Near Eateries and Restaurants Canninghill Piers Condo

River Valley is one big melting pot with globally inspired foods. The food scene here keeps improving and deploying the best from its restaurants, eateries, food courts, food kiosks, fast food restaurants, bakeries, name it. When living at Canninghill Piers, your favourite food is probably just a stroll away. There is something for everyone in River Valley. The wide menu options here provide everything from traditional and cultural Chinese food to continental delicacies.

Here are some places within an ambling distance from Canninghill Piers offering a fine dining environment and delicious foods.

Feng Ji Chicken Rice

Within arm’s reach from Canninghill Piers is Feng Ji Chicken Rice which is just about 6 min walk away. While chicken rice is available in about any hawker centre, coffee shop, and food court in Singapore, you will rarely find the quality of chicken rice offered here. Feng Ji Chicken Rice offers you a well-prepared version of this classic local dish. So, whenever you crave chicken rice, you can effortlessly stroll to this place for tender chicken and fragrant rice that is deliciously served.

Bistecca Tuscan Steakhouse

A few steps away from Canninghill Piers is this Italian steakhouse. You can get to Bistecca Tuscan Steakhouse within a 9-minute walk and enjoy their succulent steaks. Apart from their irresistible stake, you will like the decor that blends perfectly with its intimate ambience. It is the perfect place to head to for a night out with your better half.

Japanese BBQ Yakiniku Yazawa

If Japanese fare is your thing, then a 7-minute walk to the nearby Japanese BBQ Yakiniku Yazawa will pay off. This restaurant serves authentic Japanese barbecue at friendly prices. It is one of the best spots to head for lunch and dinner across the neighbourhood.

Other dining options within the vicinity include FOC Restaurant, Okinawa Dining and Chikuyotei at UE Square, The Tavern Pub and Restaurant, to mention a few. Overall, the dining options in River Valley are unlimited plus you can find more amazing destinations in the nearby Great World City and Valley Point.

Latest Updates As At Tuesday, October 8th 2024 updated, Register to receive the price list and book showflat appointment when ready!

Fort Canning Park

Enjoy the Day to Parks and Recreational Spaces Around Canninghill Piers

From a recreational perspective, Canninghill Piers doesn’t disappoint at all. It is conveniently set within a serene environment featuring a number of outdoor spaces for the residents to enjoy. Canninghill Piers is the perfect place to grow your family with various recreational options right next to your door. Even if you’re single, you’ll appreciate the convenience when accessing parks, plus the area’s tranquillity and laid-back nature is priceless. Calm your mind from the hustle and bustle right from your living spaces.

Fort Canning Park

Footsteps from Canninghill Piers is Fort Canning Park. The park, which is just a 5-min walk away is the perfect place for Canninghill Piers residents to head to for quality time outdoors in nature’s arms. The park is an iconic hilltop landmark that is rich in history. The site where the park sits was once home to 14th century Kings. It also served as the headquarters for the British Army Barracks and Far East Command Centre.

Today, the ruins alongside well-kept underground tunnels can be witnessed in the site. These features give a touching glimpse into Singapore’s past life. It also features plenty of exotic plants and walking trails. Various special occasions like festivals, theatre productions, concerts, and celebrations are held in the park from time to time.

There are 9 historical gardens in the park including Artisan’s Garden, the Pancur Larangan, Jubilee Park (Phase 1), Sang Nila Utama Garden, First Botanic Garden, Raffles Garden, Armenian Street Park_,Spice Garden, and Farquhar Garden.

As URA and the National Parks Board team up to offer more public spaces and enhance the green spaces in the city, the future River Valley residents will benefit. Part of the plan is to revamp Orchard Road, making it a lifestyle destination. The plan also entails the development of a 6-km long green connector running from the Singapore Botanic Garden to Singapore River. Access to Singapore River from Fort Canning Park is also set to be improved.

Why Properties in Core Central Region are a Better Investment

Singapore is one of the best places to invest in across the world. The decision on where to invest, however, rests in your hands as an investor. The Urban Redevelopment Authority (URA) has divided Singapore into 3 regions; OCR, RCR, and CCR.

The Core Central Region or CCR boasts of the prime areas of Singapore. It covers areas such as the Central Business District, Districts 9, 10, & 11, and Santosa. The CCR is highly sought after because of its excellent location and posh high-end properties.

If you are after capital appreciation, good rental income, superb location, and a luxurious lifestyle, then investing in this area is a great idea.

Here are four reasons why now is the perfect time to invest in the CCR region of Singapore:

Singapore River Around The Corner of Canninghill Piers Condo Integrated Mixed Development at River Valley Clarke Quay by CDL and CapitaLand

1. Excellent Location and Infrastructure

Location is a key factor to consider when investing in real estate. The CCR region properties are highly-priced because of their strategic location, excellent connectivity, and quick access to amenities. Properties in this region are conveniently located near good schools, shopping malls, restaurants, major parks, and more. With everything, just an easy stroll to, living here is stress-free compared to some regions.

2. High Capital Appreciation

Every investor wants to invest in an area with good capital appreciation. CCR region properties enjoy growth in their value over time. You can be sure to sell the property at a higher price in the future and reap desirable capital gains.

Statistics from URA on the CCR shows that 729 units of residential properties were sold in the first quarter of 2017, 1,171 units in the second quarter and 1,470 units in the third quarter. From these sales, you can notice an increase in property sales.

According to a 2018 market report, the sale of homes had already surpassed $5 million since 2014. The high sales are attributed to the high demand for properties in CCR by both locals and foreigners. If the trend continues, you can look forward to high capital appreciation from your investment.

3. Good Rental Income

As rental income for properties in other regions drop, CCR properties are the least affected. CCR properties enjoy a good rental income because of high demand and low private residential vacancy rate due to the strong resistance to oversupply.

In the 3rd Quarter of 2018, the vacancy rate for residential properties was at 6.8%. Part of the reduced vacancy is attributed to the reduction of foreign worker quota consequently reducing the number of potential tenants. However, the major cause of vacancy is oversupply.

Due to oversupply, rental income from properties in other regions is inconsistent. But CCR enjoys a more stable rental income with a slight reduction. According to URA, the rental income in this region reduced by only 3.8% in 2018, while the RCR and OCR struggled with a major decline of between 5 and 5.6%.

CCR properties are more resistant to oversupply. Due to the excellent location, the properties enjoy high demand despite the launch of multiple properties. Basically, the demand for a property launched in River Valley can not be affected by the launch of about 10 new condos in Sembawang or Sengkang.

4. Limited Land Supply

Apart from high demand, the land supply in Singapore is limited. A property in CCR of Singapore isn’t going to be available for long, so if you want to own a property here, you need to act fast when an opportunity shows up. With the low supply of properties, you can look forward to a price increase for your home and consequently, high capital gains in the future.

Ultimately, CCR is the best place to invest in Singapore. Buying a property here is more like buying shares of an established brand. Properties here are more stable with guaranteed returns on your investment. While properties in OCR and RCR are attractive due to their low prices, you also have to deal with high vacancy rates and low capital appreciation. As a landlord or homeowner, your investment is safer in the CCR.

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Masterplan on River Valley where Canninghill Sq is located

Robertson_Quay_Areas_Near_To_Canninghill_Square_Condo_Integrated_Mixed_Development_at_River_Valley_Clarke_Quay_by_CDL_and_CapitaLand

HaiDILao At Clarke Quay Near Canninghill Piers Condo Integrated Mixed Development at River Valley Clarke Quay by CDL and CapitaLand

River Valley is a planning area found within the Central Area of Singapore. The neighbourhood is a popular place for rich Westerners, European settlers, and wealthy locals. The area enjoys easy and convenient access to malls, MRTs, restaurants, schools, parks, and other places like Orchard, Clarke Quay, and Marina Bay.

Despite the large profusion of amenities and facilities in the area, things are about to get better with the implementation of URA’s Master Plan. It brings big additions in terms of amenities, facilities, and transportation to bring residents closer to their needs.

Here are some of the things in the masterplan to benefit residents of River Valley:

Development of Livable and Inclusive neighbourhood

River Valley is a vibrant neighbourhood with easy access to amenities and proximity to prominent towns. Singapore’s main retail belt- Orchard Road, the Downtown, and many lifestyle options like clubs, eateries, and cultural performance areas are within or close to the neighbourhood.

The master plan will make the area more livable by injecting new amenities in the Downtown, Rochor, Marina South, and other places to allow residents to live and work next to important amenities.

The nearby Orchard Road will be revamped as a lifestyle destination for a greater shopping and dining experience. Part of the plans for enhancing Orchard Road involves transforming it into a lush green corridor. The masterplan will introduce a 6-km urban corridor that will link Orchard Road to Fort Canning Park and the Singapore Botanic Gardens.

Although River Valley is a family-friendly neighbourhood, more developments in the area will make it more attractive for retail therapy, dining, outdoor activities, schooling, and more.

More Housing Units

The urban development guidelines focus on enhancing residential living in the River Valley residential area. Singapore’s River Valley landscape has shifted from an area dominant with mansions to skyscrapers featuring luxurious clubs, restaurants, and boutiques. Single-family homes are getting scarce in the area as high rising apartments and condominium towers increase.

The future residents can expect the trend to continue as more housing units are developed in River Valley. The modern homes are designed to offer convenience to the residents with everything nearby. The homes developed by leading developers in Singapore will feature cafes, fitness centres, pools and more facilities.

Adding more homes to the neighbourhood will create an opportunity for River Valley residents to live close to public transport nodes and near the city. Marina South area close to Bay South Gardens is one of the places that will see the addition of new homes to deliver urban living, quick connectivity, and access to many amenities.

Enhanced Connectivity

Connectivity within the central area is set to be enhanced with the development of Circle Line (CCL)and Thomson East Coast Line (TEL) MRT stations. The upcoming integrated developments at the Outram and Orchard MRT interchanges will add more city living options thanks to the new housing units, commercial spaces and other mix uses.

Cycling in the city centre will become better with the addition of a 5km long cycling network to suit cycling enthusiasts and improve accessibility. Everyone will benefit from the connectivity as the urban village shifts from car-centric to a conducive neighbourhood for cycling and walking.

Creation of More Green Spaces

The provision of more green spaces is at the core of the River Valley development plan. The plan will see the development of homes while retaining the existing mature trees and maintaining the overall green ambience.

A linear park will be injected into the area. It will link the residents of River Valley to the Alexandra Canal Linear Park, and Kim Seng Park. URA is also working with the National Parks Board to create new green spaces and parks in the city. The area is already witnessing the introduction of new parks like the Armenian Street Park and Jubilee Park.

Residents of River Valley can look forward to a wider network of sports facilities, parks, corridors, and green spaces. The area will enjoy over 1000 ha dedicated to parking connectors and parks linked with recreational corridors. More than 90% of the residents will live an easy stroll away from a park.

Expanded Arts and Cultural Precinct

The arts, culture, and heritage precinct will be expanded to enhance and celebrate Singapore’s heritage. Key historic districts of Chinatown, Kampong Glam, and Little India rich in heritage will be enhanced through collaborative efforts with businesses and the local communities. Together with the new public spaces connected to cultural arts and culture precincts, residents can look forward to more experiences within walkable distance.

Register Your Interest For Canninghill Piers Condo Today!

Latest Information Canninghill Piers Price List As At Tuesday, October 8th 2024 updated, Register to receive the price list and book showflat appointment!

Canninghill Piers Latest Updates

Benefits That Residents of Canninghill Piers Will Enjoy Living in River Valley, Clarke Quay District 09 of Singapore

Canninghill Piers – Strategic Excellent Location

Canninghill Piers River Valley – Enhanced Connectivity

Canninghill Piers Clarke Quay – Proximity to Good Schools

Canninghill Piers (Former Liang Court) Near To Shopping Malls

Near Eateries and Restaurants Canninghill Piers Condo

Feng Ji Chicken Rice

Bistecca Tuscan Steakhouse

Japanese BBQ Yakiniku Yazawa

Enjoy the Day to Parks and Recreational Spaces Around Canninghill Piers

Fort Canning Park

Why Properties in Core Central Region are a Better Investment

1. Excellent Location and Infrastructure

2. High Capital Appreciation

3. Good Rental Income

4. Limited Land Supply

Masterplan on River Valley where Canninghill Sq is located

Development of Livable and Inclusive neighbourhood

More Housing Units

Enhanced Connectivity

Creation of More Green Spaces

Expanded Arts and Cultural Precinct

Register Your Interest For Canninghill Piers Condo Today!

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