Canninghill Piers and Canninghill Square (Former Liang Court) sits on a prime site with a coveted dual-frontage facing Singapore River and Fort Canning Hill.
Its redevelopment offers CapitaLand a prized opportunity to deliver an upmarket, high-rise riverfront residential development that comes with stunning views of Singapore River and the city centre.
The commercial component of the integrated development will be seamlessly connected to Clarke Quay, offering residents the convenience of top-notch F&B and retail offerings right on their doorstep.
The integrated development that will redefine Clarke Quay, one of Singapore’s most exciting entertainment precincts. With multiple frontages, breathtaking views and convenient access to Fort Canning MRT Station, CanningHill Piers site has outstanding locational attributes for an integrated development comprising residential, commercial, hotel and serviced residence components. By harnessing the strengths and capabilities of all the partners involved, This development will transform the site into an iconic landmark along the Singapore River.
The Singapore River planning area is a vibrant local and international icon – home to a myriad of cultural, heritage and lifestyle offerings. Situated in the heart of Clarke Quay – Singapore’s most popular riverfront lifestyle and entertainment precinct – and on the fringe of Singapore’s Central Business District, the proposed integrated development is linked to the Central Expressway via River Valley Road. It enjoys excellent connectivity to public transport with a direct link to Fort Canning MRT Station on the Downtown Line and is a short walk from Clarke Quay MRT Station on the North East Line. The property is also connected to an overhead pedestrian bridge that provides direct access to Fort Canning Park, a well-known historical hilltop landmark.
City Developments Limited (CDL) is a leading global real estate company with a network spanning 106 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.
With a proven track record of over 55 years in real estate development, investment and management, the Group has developed over 46,000 homes and owns over 24 million square feet of gross floor area in residential, commercial and hospitality assets globally. Its diversified global land bank offers 3.4 million square feet of land area.
Along with its London-based hotel arm, Millennium & Copthorne Hotels Limited (M&C), the Group has 152 hotels and 44,000 rooms worldwide, many in key gateway cities.
Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.
CapitaLand Limited (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, it owns and manages a global portfolio worth about S$134.7 billion as at 30 June 2020. CapitaLand’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 220 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.
CapitaLand has one of the largest real estate investment management businesses globally. It manages seven listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. Since it pioneered REITs in Singapore with the listing of CapitaLand Mall Trust in 2002, CapitaLand’s REITs and business trusts have expanded to include Ascendas Real Estate Investment Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust and CapitaLand Malaysia Mall Trust.
CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.
|Project Name||Canninghill Piers|
|Developer||CDL & Capitaland|
|Description||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.|
|Tenure||LH 99 Years|
|Location||Former Liang Court|
|Total Units||700 Residential|
|Expected Completion||1 August 2028|
|Unit Types||1-4 Bedrooms|
|Unit Type||Typical Units (Sqft)||No. of units|
|2 Room Premium||TBC||TBC|