Canninghill Piers

Last Updated: 22nd October 2021

LAUNCH DATE: 13-Nov-2021 | Register now for a Showflat Preview

Project DetailsCANNINGHILL PIERS (former Liang Court)
DeveloperJointly Developed by Capitaland Limited (Capitaland), City Developments Limited (CDL) & Ascott Residence Trust (Ascott Reit)
Location / Address177 River Valley Road Singapore 179030
District / Planning Area6 / Singapore River Planning Area
Description of the Whole SiteCanninghill Piers, a Proposed Mixed-Use Development Comprising 1 Block 48-Storey and 1 Block 24-Storey Residential Flats (Total 696 Units) with Clubhouse, Swimming Pool & Communal Facilities, 1 Block 21-Storey Hotel (477 Guest Rooms) and 1 Block 20-Storey Serviced Residence with Hotel Licence (192 Guest Rooms), 2-Storey Commercial Podium and 4 Levels Basement Car Park with Commercial at Basement 1
No. of Units696
Tenure of Land99-year Leasehold
Expected Launch DateTBA
Developer Sales Hotline+6561005566
Estimated TOPTBA

OVERVIEW

Canninghill Piers Condo - Highly-Anticipated Integrated Development at River Valley & Clark Quay

Canninghill Piers, an integrated development in Clarke Quay and River Valley Road, is highly anticipated. It will house approximately 700 units in two residential towers. The site’s former development includes Liang Court Mall, Novotel, and Somerset Liang Court’s serviced homes. City Development (CDL) and CapitaLand have announced the inclusion of Ascott Residence Trust (Ascott Reit) into the consortium that will develop Canninghill Piers, expected to be completed in 2024. See more info on Canninghill Piers Project Details.

Canninghill Piers has a Gross Floor Area of 100,263 sq.m. The proposed development will include a hotel, commercial units, and a serviced home. It will be connected directly to Fort Canning MRT.The plans to redevelop the site after CDL Hospitality Trusts (CDLHT) sold the property to CLD in a 50/50 deal. Ascott Reit also sold certain assets, including Somerset Liang Court, to CDL.

After Canninghill Piers is completed, CDL-CapitaLand owns the residential and commercial components. Ascott Reit will have control over the 192 units that are serviced residences with a license for a hotel. CDLHT will own the hotel with 460 to 470 rooms on a forward purchase agreement with CDL. In contrast, Marriott International will manage the hotel under Moxy. The serviced residences will operate as Somerset.

Three of the most prominent developers in Singapore plan to renovate the river promenade, adding new life to Canninghill Piers. These plans are in line with URA’s 2019 Master Plan to increase vibrancy in the region. Canninghill Piers will be in high demand due to its location and easy accessibility to amenities.

Ascott Reit, CapitaLand, and CDL are the three heavy-weight developers behind Canninghill Piers. CapitaLand shares the commercial and residential units on a 50/50 basis with CDL. The hotel is under CDL, while Ascott Reit manages the serviced apartments. These Singapore-based developers have completed past high-performing projects that exceed industry standards.

DEVELOPER

Canninghill Piers CDL, Capitaland & Ascott REIT - Reputable Developers

Canninghill Piers is proudly designed by Capitaland and City Developments (CDL). Together, they have over 100 years of combined experience at Canninghill Piers, and as developers, they play an important role in the skyline of Singapore, with many iconic towers at the background of Clarke Quay and River Valley. 

Some of their most successful past projects include South Beach Residences, Sky Habitat, Sengkang Grand Residences & Cairnhill Nine. 

Read further on the developers of Canninghill Piers: CDL, Capitaland & Ascott REIT.

South Beach Residences

Sky Habitat

Sengkang Grand Residences

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LOCATION MAP

Canninghill Piers Location - An Icon in River Valley & Clarke Quay District

CANNINGHILL PIER – STRATEGIC LOCATION

Real estate is all about location. Location has a significant impact on property values. The highly regarded District 9 is a fantastic location that offers everything you need. Canninghill Piers location is great for those who want to live or own a property. Canninghill Piers is close to many amenities, including MRT stations, restaurants and shopping areas, schools, parks, and places of worship. Its location is unbeatable and residents will have unparalleled convenience.

River Valley is a popular choice for expats due to its proximity to the Central Business District and easy access to amenities. Canninghill Piers is located in central Singapore, just 11 minutes from the CBD. The Dhoby Ghaut MRT station is also within proximity. Canninghill Piers residents will be able to seamlessly connect to other parts of Singapore thanks to the enhanced connectivity and central location.

River Valley residents have many options for shopping and dining. Residents can also easily access nearby restaurants and the Canninghill Piers hotel. Residents are just minutes from Great World City, as well as the Orchard Road shopping district with numerous malls and shopping centers for endless retail therapy. Canninghill Piers residents also have Robertson Quay, a nearby town that offers more tranquil places. The restaurants, bistros and bars as well as art houses are great places to unwind and relax after a stressful week.

River Valley is close to many schools, making it a family-friendly area. River Valley Primary School is one of the many local schools. It is a popular area for expatriates and has many international schools, including kindergartens such as the Overseas Family School and the Singapore International Schools.

There are many places of worship in District 9. The district is home to Sri Thendayuthapani Temple, which can be found on Tank Road just 7 minutes from Canninghill Piers. Ngee Ann Kongsi, which is also within 9 minutes’ walk, is also available. Canninghill Piers is also just minutes away from St Bernadette on Zion Road, and Chesed-El Synagogue at Oxley Rise.

River Valley is home to reputable private hospitals and medical centres. These include Camden Medical Centre, Gleneagles, Mount Elizabeth, and Camden Medical Centre. They are all within an 11-minute drive of Canninghill Piers. These top-quality healthcare facilities are conveniently located near Canninghill Piers so future residents can have quick access to high-quality medical care.

You can also enjoy the peaceful environment while taking a stroll along the river. Canninghill Piers residents will love the many outdoor activities that are available. There are numerous kid-friendly spots in the area, including Fort Canning Park. Canninghill Piers offers residents access to heritage and cultural sites, which gives them more outdoor options. For more information on the facilities, you may go to Canninghill Piers Site Plan.

CANNINGHILL PIERS CLARKE QUAY – AMAZING CONNECTIVITY

River Valley provided seamless connectivity for its residents. Residents of Canninghill Piers have access to several bus services, with stops scattered all over the district. Canninghill Piers is just 15 minutes away from Dhoby Ghaut MRT Station. From there, you can easily travel to nearby MRT stations such as Somerset, Orchard Newton, Bras Basah, and Newton.

The Great World MRT Station, which will open in the near future, is less than five minutes walk from Fort Canning Park MRT. It’s also only 15 minutes walk from Canninghill Piers. Canninghill Piers residents can easily walk to the station once it is completed.

It is easy for car owners to get around the area and other parts of Singapore. River Valley is close to the CBD and has access to major roads as well as expressways.

CANNINGHILL PIERS RIVER VALLEY – PROXIMITY TO GOOD SCHOOLS

Canninghill Piers is a great place for families with children. Many reputable schools are within easy reach. There are many schools that cater to all levels of education in Singapore. The area also has many international schools. You have many options to choose from, so you can let your children learn at home and also get the best curriculum.

These schools are within easy reach of each other:

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

Families with young children will appreciate the ease of access to nearby preschools and childcare centres.

CANNINGHILL PIERS (FORMER LIANG COURT). NEAR SHOPPING MALLS

Shopping malls are one of the most important amenities you should look for when buying a house. Even if your primary goal is to shop, it’s easy to find the right shops within a short distance. River Valley is close to many malls. There are also plenty of grocery and retail shops nearby. The malls are great places to hang out with friends and family, even if you’re not shopping. There are many cafes and restaurants that offer delicious food and drinks.

River Valley is a shopping mecca. You can find everything you need within a few minutes. There are many malls in the area that offer everything you could need. Residents can connect to other nearby neighborhoods for more shopping options. Orchard Road, a nearby area with many shopping malls, is one of the best. You will find everything here, from fashions and big brands to convenient supermarkets and hundreds of food choices.

These are the malls located next to Canninghill Piers, River Valley.

  • UE Square – Walk 6 minutes
  • Robertson Walk – 8 minutes walk
  • Clarke Quay – 4 min drive
  • Great World City- 6 min drive
  • Plaza Singapura – 5 min drive
  • The Cathay – 6 minutes 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 minutes 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 minutes drive
  • Cuppage Plaza – 7 min drive
  • Wheelock Place – 8 min drive
  • Tang Plaza – 10 min drive

Canninghill Piers residents will find many exciting shopping opportunities within walking distance or driving less than 10 minutes. The malls offer a variety of entertainment options, including restaurants and gyms. They also provide banking and health services, as well as laundromats.

NEARBY EATERIES & RESTAURANTS CANNINGHILL PIERS CONDO

River Valley is a melting pot of globally inspired food. This area has a wide variety of restaurants and eateries. Canninghill Piers is a short walk from your favorite food. River Valley has something for everyone. There are many options for food, from traditional Chinese cuisine to continental delights.

These are some restaurants and cafes within walking distance of Canninghill Piers that offer delicious food and a great dining experience.

FENG JI CHICKEN RICE

Feng Ji Chicken Rice is located within arm’s reach of Canninghill Piers. It is only 6 minutes walk away. Although chicken rice can be found in almost any hawker center, coffee shop or food court in Singapore you won’t find the same quality here. Feng Ji Chicken rice offers a delicious, well-prepared version this traditional local dish. This place is a great choice for chicken rice lovers who want tender chicken and deliciously cooked rice.

BISTECCA TUSCAN STEAKHOUSE

This Italian steakhouse is just a few steps from Canninghill Piers. Bistecca Tuscan Steakhouse is just 9 minutes away. Enjoy their delicious steaks. You will love the intimate atmosphere and the irresistible stake. This is the ideal place to go out with your significant other.

JAPANESE BBQ YAKINIKU YAZAWA

A 7-minute walk will take you to Yakiniku Yazawa, a Japanese barbecue restaurant. The restaurant offers authentic Japanese barbecue at affordable prices. This is a great spot to eat lunch or dinner in the area.

FOC Restaurant, Okinawa Dining, and Chikuyotei @ UE Square are just a few of the other dining options in the area. There are many dining options in River Valley. You can also find amazing places in nearby Valley Point and Great World City.

PARKS & RECREATIONAL SPACES NEARBY CANNINGHILL PIERS

Canninghill Piers is a great place to relax. It is located in a peaceful environment with many outdoor spaces for residents. Canninghill Piers offers many recreational opportunities right at your doorstep. Even if your only child, you will appreciate the ease of accessing parks. The area’s peace and tranquility are priceless. You can take your mind off the bustle and chaos of your daily life.

FORT CANNING PARK

Fort Canning Park is just a few steps from Canninghill Piers. Canninghill Piers residents can walk to the park in 5 minutes. It is the ideal place to spend quality time outside in nature’s arms. This iconic landmark is a hilltop landmark rich in history. The park’s location was once home of 14th-century Kings. It was also the headquarters of the British Army Barracks, Far East Command Centre and British Army Barracks.

The site still has ruins and well-kept underground passageways. These features offer a fascinating glimpse into Singapore’s past. There are many walking trails and exotic plants. The park hosts special events such as concerts, theatre productions, festivals, and other celebrations from time to time.

The park has 9 historic gardens,The Pancur Larangan and Artisan’s Garden are also available..

The future River Valley residents will be able to benefit from the collaboration between URA and National Parks Board, which will offer more public spaces and improve the green spaces. The plan includes the redevelopment of Orchard Road to make it a destination for lifestyle. A 6-km-long green connector will be built that runs from the Singapore Botanic Gardens to the Singapore River. Access to the Singapore River from Fort Canning Park will also be improved.

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IDEAL INVESTMENT PROPERTY

Canninghill Piers Condo - Why Core Central Region Properties Are An Attractive Investment

Singapore is a great place to invest. As an investor, the decision about where to invest rests with you. The Urban Redevelopment Authority has divided Singapore into three regions: OCR, RCR and CCR. The Core Central Region, or CCR, boasts some of the most desirable areas in Singapore. It includes the Central Business District, Districts 9, 10 & 11 and Santosa. Because of its exceptional location and high-end properties, the CCR is highly desired. This area is great for those who want to enjoy capital appreciation, high rental income, a beautiful location, and a luxurious life.These are the top four reasons to invest now in the CCR area of Singapore.

1. SUPERB LOCATION & INFRASTRUCTURE

When investing in real estate, location is key. Because of their excellent connectivity and proximity to all amenities, properties in the CCR region are very expensive. This region is close to excellent schools, shopping centers, restaurants, major parks, etc. Living here is much more stress-free than in other regions, as everything is just a short walk away.

2. HIGH POTENTIAL CAPITAL APPRECIATION

Investors want to invest in areas with high capital appreciation. CCR property values enjoy a steady increase in value. The property can be sold at a higher price and you will reap capital gains.

According to URA statistics, 729 residential properties were sold during the first quarter 2017. 1,171 units were sold in second quarter. 1,470 units were sold in third quarter. These sales can be seen as an increase in property sales.

A 2018 market report revealed that the total sale of homes has surpassed $5 Million since 2014. High demand from both locals as well as foreigners for CCR properties is what accounts for the high number of sales. You can expect high capital appreciation if this trend continues.

3. ATTRACTIVE RENTAL INCOME

CCR properties are less affected by the drop in rental income from properties in other areas. CCR properties have a high rental income due to high demand and low private residential vacant rate. This is because there is a strong resistance to oversupply.

The vacancy rate for residential property was 6.8% in the third quarter of 2018. The reduction in foreign worker quota, which has resulted in fewer potential tenants, is partly responsible for the lower vacancy rate. Oversupply is the main cause of vacancy.

Rental income from properties in other areas is not consistent due to the oversupply. CCR has a stable rental income, although it is subject to a slight decrease. URA reports that the region’s rental income decreased by 3.8% in 2018, while OCR and RCR suffered a significant decline of between 5 to 5.6%.

CCR properties are less likely to be oversupplied. The properties are highly sought after due to their excellent location. The launch of 10 condos in Sembawang and Sengkang will not affect the demand for River Valley properties.

4. SHORT OF SUPPLY

The land supply in Singapore is very limited, despite the high demand. CCR properties in Singapore are not likely to be available for very long so you have to act quickly if an opportunity presents itself. Due to the limited supply of properties in CCR, you can expect a price rise for your home, and therefore, high capital gains.

CCR is ultimately the best place in Singapore to invest. CCR is more like purchasing shares in a well-known brand. These properties are more stable and offer guaranteed returns. OCR and RCR properties are more attractive because of their low prices. However, there is also the risk of high capital appreciation and vacancy rates. Your investment in the CCR is safer as a homeowner or landlord.

To learn more,, head to Canninghill Piers Pricing.

RIVER VALLEY MASTERPLAN

Canninghill Piers Masterplan - River Valley & Clarke Quay Area

River Valley is an area of planning in the Central Area of Singapore. This area is popular with wealthy Westerners, European settlers, as well as locals. It is close to shopping malls, MRTs and restaurants. There are also schools, parks and schools nearby.

The implementation of URA’s Master Plan will make things even better despite the abundance of facilities and amenities in the area. This Master Plan brings major improvements in the areas of transportation, amenities, and facilities to help residents get closer to their needs.

These are just a few of the benefits that the masterplan will bring to River Valley residents:

DEVELOPMENT of LIVABLE, INCLUSIVE NEIGHBOURHOODS

River Valley is a lively neighbourhood that has easy access to all amenities and is close to major towns. The neighbourhood is close to Orchard Road, Singapore’s central retail area. There are many lifestyle options such as restaurants, bars, and cultural performances.

The master plan will improve the quality of life in the area by introducing new amenities to the Downtown, Rochor and Marina South.

Orchard Road, which is located nearby, will be transformed into a lifestyle destination that offers greater shopping and dining experiences. The masterplan will transform Orchard Road into a lush green corridor. A 6-km urban corridor will be created as part of the masterplan to link Orchard Road with Fort Canning Park and Singapore Botanic Gardens.

River Valley is a safe neighbourhood for families. However, there are more development opportunities in the area that will increase its appeal for shopping, dining, outdoor activities and schooling.

A LOT MORE HOUSING UNITS

Urban development guidelines are designed to improve residential living in the River Valley residential areas. The River Valley has changed from being dominated by mansions to a place with skyscrapers that boast luxurious restaurants, bars, and boutiques. As high-rise condominium towers and apartments rise, single-family homes are becoming scarcer in the area.

River Valley will continue to develop more housing units. This is good news for future residents. Modern homes offer residents convenience and are close to everything. See also Canninghill Piers Floor Plan. Leading developers in Singapore will build homes with cafes, gyms, pools, and other amenities.

River Valley residents will have the opportunity to live near public transport and the city by adding more homes. New homes will be built in the Marina South area, close to Bay South Gardens, to provide urban living and quick connectivity.

CONNECTIVITY ENHANCEMENT

The development of Circle Line (CCL), and Thomson East Coast Lines (TEL) MRT stations will improve connectivity in the central area. With the addition of new housing units, commercial space and other mixed uses, the integrated developments at Outram and Orchard MRT interchanges are set to increase city living options.

The addition of a 5-km-long cycling network will make it easier to cycle in the city center. As the urban village becomes less car-centric, it will become a more conducive area for walking and cycling.

CREATION OF MORE GREEN SPACES

River Valley’s development plan is centered on the provision of green space. This plan will allow for the construction of new homes while maintaining the green environment and mature trees.

The area will get a linear park. It will connect River Valley residents to the Alexandra Canal Linear Park and Kim Seng Park. URA works with the National Parks Board in creating new green spaces and parks within the city. New parks such as the Armenian Street Park or Jubilee Park are already being introduced to the area.

River Valley residents can expect a greater network of parks, green spaces, and sports facilities. Over 1000 ha will be dedicated to connecting parks with recreational corridors and parking connectors. A park is just a short walk from more than 90% of residents.

EXPANDED CULTURAL PRECINCT AND ARTS

To celebrate and enhance Singapore’s heritage, the arts, culture and heritage precinct in Singapore will be expanded. Collaboration with local businesses and communities will enhance key historic areas such as Little India, Kampong Glam and Chinatown that are rich in heritage. Residents can enjoy more activities within walking distance of the new public spaces that are connected to cultural arts, culture precincts and other amenities.

 

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Canninghill Piers Showflat

In order for you to book a showflat appointment, simply book through this official developer website or simply dial our sales hotline +65 61005566 before coming down to view Canninghill Piers Showflat. Our showflat might be closed for certain days due to monthly routine maintenance work or maybe closed for developer’s private events. Therefore all visitors are strongly urged to secure an appointment online before making your way down to Canninghill Piers Showflat to prevent any foreseeable disappointment or inconvenience that might cause to you.

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