Formerly known as Liang Court, developers City Development Ltd and CapitaLand are set to bring new life into the Clarke Quay precinct.
Before Canninghill Piers, the market has seen plenty of residential projects within integrated developments in the CCR over the last few years.
But honestly, I haven’t seen anything like Canninghill Piers, which is the former historical Liang Court building.
This new 48-storey residential development stands tall at 180 metres and is the only one in Singapore that has both a hill and river frontage.
In addition, It will be the tallest private residential project along the Singapore River.
Whenever realtors like myself are marketing properties within the Robertson Quay precinct, or anything that’s along the Singapore River, we’ve always been promoting the lifestyle along Clarke Quay as one of the main attractions.
The cafes, restaurants, bars, and the nightlife that you can enjoy as a resident living in the area.
And finally, one can actually own a private home that is right at the heart of everything mentioned above – and much more.
So, what actually makes Canninghill Piers one of the most highly-anticipated new launch condo projects in Singapore?
Let’s see how Canninghill Piers stacks up and whether or not it’s a good buy.
Canninghill Piers Project Overview
Here’s a quick overview of this new launch condo at Fort Canning.
|Project Name||Canninghill Piers|
|Address||1/5 Clarke Quay|
|Developer||City Developments Ltd & CapitaLand|
Bjarke Ingels Group and DP Architects Ltd
|Site area||139,128 sq ft|
|Total number of units||696|
|Total number of carpark lots||1,862 (inclusive 22 private parking lots for terrace houses & 3 lots for commercial shops)|
|Number of blocks||2|
|Number of storey||48-storey and 24-storey|
|Expected TOP date||End 2025|
Canninghill Piers will be the residential component of this mega-integrated development.
It will comprise a 2-storey commercial component where you will have F&B and retail outlets named CanningHill Square,
There will also be a hotel, named Moxy Hotel – operated by Marriott International.
In addition, there will be a serviced residence operated by the Somerset brand. It has a hotel licence and will be managed by The Ascott Limited.
Canninghill Piers Developer
The developer for Canninghill Piers is none other than City Developments Ltd (CDL) and CapitaLand.
They are probably 2 of the biggest property developers in Singapore at the moment.
With developers of such caliber, you always know exactly what you’re getting with a CCR property such as this.
This will be the second time in 2 years that these two real estate powerhouses join forces since Sengkang Grand Residences. That project was launched back in 2019.
Similarly, this new launch at Fort Canning will showcase the prowess of both CDL and CapitaLand.
For instance, CDL is the master and have wealth of experience in building quality and luxury homes in the CCR, while on the other hand, CapitaLand is the expert in developing and managing commercial real estate.
Hence, it really makes Canninghill Piers unmissable if you have been on the lookout for the best CCR project that has to offer.
City Developments Ltd
City Developments Ltd or CDL is one of the most reputable property developers in Singapore.
Being the key real estate arm of Hong Leong Group, CDL has property developments across more than 100 locations – in a total of 29 regions and countries.
With more than 50 years of experience, CDL has developed more than 130 quality residential and over 100 high-end mixed-use or commercial developments
Most importantly, CDL has crafted some of the best luxury projects that are well-known in Singapore.
For example, some of its more recent high-end projects include New Futura, Gramercy Park, Boulevard 88, and Irwell Hill Residences.
CapitaLand is one of the largest real estate firms in Asia.
In Singapore, It owns and manages a huge portfolio that consists of integrated residential & commercial developments, shopping malls, and offices, etc.
That is to say, chances are you might have some of the group’s most notable mixed-use integrated developments in Singapore.
For instance, here are some of them:
- The Orchard Residences and ION Orchard
- Cairnhill Nine and Ascott Orchard Singapore
- Bedok Residences and Bedok Mall
When it comes to pure private residential, CapitaLand is no new entrant as well.
Moreover, It has also developed some of the most iconic homes in Singapore. They include the likes of The Interlace, D’Leedon, Sky Habitat, and One Pearl Bank.
Canninghill Piers Location
Canninghill Piers will be located along Clarke Quay, right between Fort Canning Hill and the historic Singapore River.
The development has a direct link to Fort Canning MRT station (along the Downtown MRT line), and right next to the lifestyle and F&B spots at Clarke Quay.
Take a look at its panoramic view.
You will realize that there aren’t many high-rise buildings around.
Hence, most residents would be able to enjoy unblocked views of the Singapore River or Fort Canning Hill.
In addition, there are other things within its location to take note of.
Exquisite Riverside Living
Frankly, this isn’t something new. Neither it’s exclusive to future residents of Canninghill Piers condo.
But living along the Singapore River would mean that you’ll get to enjoy that much appreciate riverfront lifestyle day in day out.
Whereas most locals could only do it over the weekends or on an occasional basis.
Every morning, you’ll get to experience the serenity of the Singapore River.
Moreover, enjoy a good strong cuppa or a lovely breakfast at one of the chic cafes along the river.
When night falls, immerse in the entertainment buzz and vibrant nightlife of Clarke Quay that is right at your doorstep.
Talking about “doorstep”, one of the biggest perks of living within a mega integrated development like this is the level of convenience.
That is to say, you need not travel out to get your daily necessities or enjoy a little retail therapy. Canninghill Square will take care of that in every aspect.
But if that’s not enough for you, here’s more.
Within close proximity to the Orchard shopping belt
If you are not satisfied with the amenities around Canninghill Piers, you can always travel out to the Orchard shopping belt.
For instance, It’s just a mere 7-minute drive to ION Orchard, 5 minutes to [email protected], and only 4 minutes drive to Plaza Singapura.
Over there, you will also find other mega shopping malls like Ngee Ann City, Paragon, and Orchard Central.
At these shopping malls, you will get to enjoy a wide array of retail and F&B options. They range from global luxury fashion brands to elegant 5-star dining restaurants.
Hence, this precinct has been widely favored among the affluent class of homebuyers in Singapore and it will always be for many generations to come.
Directly linked to Fort Canning MRT Station
When looking for a property in Singapore, the majority of the homebuyers or investors would prefer it to be located near an MRT station.
Therefore, you’ll be happy to know that Canninghill Piers is located next to Fort Canning MRT station.
Moreover, you can access the station via an underpass connecting to the development in the future. That’s really seamless connectivity at its best.
It is one of the MRT stations along the existing Downtown MRT line.
In other words, it offers commuters a direct route to various locations in Singapore – from the east to the central, and to the west.
For instance, getting to the Central Business District, Raffles Place, or Marina Bay area is just a mere 8 to 10-minute train ride.
Canninghill Piers Condo Design and Facilities
The main architect for Canninghill Piers is none other than Copenhagen and New York-based Bjarke Ingels Group.
Canninghill Piers will be the architectural firm’s first project in Asia.
In fact, the firm’s founder, Mr. Bjarke Ingels has his own film on Netflix that showcases his concepts and design inspirations.
The design of Canninghill Piers was inspired by the historical Fort Canning Hill that is just opposite the development.
The entire area was once the center of Singapore that was bustling back in the 1300s.
I’m not going to dive deep into Singapore’s history.
However, what you should know is that this area, Fort Canning Hill and the Singapore River have historic importance to the nation.
Hence, this redevelopment of the former Liang Court has given the architect Bjarke Ingels an opportunity to create a much stronger relation and visual connection between them.
Canninghill Piers, together with its commercial components, will certainly be an architectural marvel.
Not just on the exterior, but on the interior as well.
Canninghill Piers Floor Plan and Unit Types
This new development next to Fort Canning MRT station comprises a total of 696 units.
There will be only 2 residential towers – 48-storey and 24-storey respectively.
It comprises a wide variety of unit types. From a 1-bedroom unit (409 sq ft) to a mega super penthouse (8,956 sq ft).
Here is the Canninghill Piers floor plan for each unit type.
- 1-Bedroom (409 – 463 sq ft)
- 1-Bedroom + Study (474 – 560 sq ft)
- 2-Bedroom (732 sq ft)
- 2-Bedroom + Ensuite Study (829 sq ft)
- 2-Bedroom + Study (732 – 883 sq ft)
- 3-Bedroom (893 – 1,259 sq ft)
- 3-Bedroom Premium (1,313 sq ft)
- 4-Bedroom Premium (1,755 – 1,959 sq ft)
- 5-Bedroom Premium (2,788 sq ft)
- Sky Suite (2,874 – 3,972 sq ft)
- Super Penthouse (8,956 sq ft)
Canninghill Piers Showflat Location
The Canninghill Piers showflat is located along Merchant Loop.
It is just right opposite the actual site of the development, across the Singapore River.
The opening hours of the showflat are from 11 am to 7 pm daily. However, the timing may be subjected to changes.
Hence, do drop me a message using the form below, or just send me a Whatsapp message for more details.
Canninghill Piers Price Guide and Comparison
As of 03 November 2021, the guide pricing for Canninghill Piers is as follows:
- 1-Bedroom from $1.16 million ($2,836psf)
- 4-Bedroom from $5.22 million ($2,974psf)
- 5-Bedroom from $8.1 million ($2,905psf)
- Penthouse indicative priced at $50 million ($5,582psf)
Hence, most units may fall in the range of $2,700 – $3,400 psf based on floor level and sizes within the development.
One of those newer projects that have the same price point would be Midtown Modern.
It has a similar concept as this new condo project at Fort Canning.
In the last 6 months, the units at Midtown Modern were transacted between the range of $2,431 psf to the highest of $3,486 psf.
Therefore, if you are interested in Canninghill Piers, you can just drop me a Whatsapp message and I will keep you posted regularly on the pricing.
Canninghill Piers Review
As we enter the last quarter of 2021, Canninghill Piers is poised to be one of the most highly-anticipated new launch condo projects in Singapore.
However, I won’t be going too much into the gimmicky sales pitch and telling you how great Canninghill Piers is.
You can always hear that from sales agents who are promoting this to you.
Instead, I am going to make things simple and how I would view it from an investor and homebuyer’s perspective.
Let’s start things off with a possible concern for this development.
Can be a little too rowdy
Firstly, the Clarke Quay area has been well-known by locals and even foreigners for its nightlife activities.
Honestly, the views are awesome. They are one of the best that you can find in Singapore.
However, it’s not going to be very pleasant when you start hearing people screaming and yelling when the night falls.
On top of that, you might even see some drunkards making nuisance around the compound along Clarke Quay.
The good thing is that the nation is currently under COVID-19 restrictions. Hence, you won’t be experiencing too much of that.
But once they are lifted or relaxed, the entire Clarke Quay may just ‘return to life’.
Therefore, unless you’re a big fan of the nightlife and a social butterfly, this is definitely not an area where you want to house your family or raise your kids.
However, if you are able to look past that, Canninghills Piers is easily one of the most sought-after condo projects due to its excellent location.
As I’ve mentioned earlier, being next to Fort Canning MRT station and just a short drive to various key locations and landmarks in Singapore, this new residential development is a clear definition of what city living should be.
On top of that, convenience is literally at your doorstep with Canninghill Square just within the compound and Clarke Quay being next to it.
That is to say, you won’t have problems dealing with your daily necessities and entertainment needs.
Honestly, you won’t be able to find anything similar at this point in CCR at this price point.
I personally think that Canninghills Piers is a ‘trophy home’. Something to boast about when talking to people.
If you are already a savvy home investor with a good portfolio or collection of assets, this is certainly a property that you should add to your inventory.
Furthermore, it’s being developed by real estate powerhouses CDL and CapitaLand. Quality is almost guaranteed!
Hence, as a product by itself, I can’t find many faults in this development.
This is considered a rare development in the CCR and it’s the first within the precinct.
Therefore, it won’t be a surprise that the developers put a premium price tag for the residential units here.
It’s just that slight concern for the environment and I just feel it’s more suitable for singles or couples.
In addition, if you are looking to buy and profit, this is definitely not a sure-win as past statistics have shown for such similar types of developments within the CCR.
The price of entry is expected to be high which leaves very little room for growth. But that doesn’t mean the pricing doesn’t justify in today’s market.
To buy or enter a property is always easy. It’s how you exit and how much you can exit that is the biggest question.
But if it’s not the issue with money or profits, Canninghill Piers is a 100 percent yes.
If you require a more in-depth 2nd opinion, you can always reach out to me anytime!