CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers near River Valley Road transacted 538 out of its Six hundred Ninety Six units, with a moderate market price of around $3K per sq feet throughout its commencement over the week end.
This is made up of its singular penthouse apartment, which in turn goes across Eight thousand Nine hundred Fifty Six square feet furthermore provides breathtaking scenery of the town plus the Singapore River. The penthouse apartment was taken for $Forty Eight mil or $5thousand 3hundred 60 psf.
With this, the property produced an overall sum of beyond $One point Eighteen billion since 6.00 pm on Sunday 21Nov.
SGPreans took into account Eighty One percent out of the homebuyers, whilst the remaining Nineteen percentage were actually PRs and foreigners from mostly CN, Indonesia, Malaysia, Australia, South Korea, the UK also the US, shared CanningHill Piers’ cooperative developers City Developments Limited plus CapitaLand Dvlpmt.
Apartments at the building varied between in dimension starting with Four hundred Nine square foot for an one-bedder, 1,313 sq ft to get a three-bedroom superior unit to Two thousand Seven hundred Eighty Eight square foot for a 5 bedroom.
Every of the apartment varieties were generally well-received, by having selected range completely distributed, reported the property developers.
” We are strengthened by the overwhelming respond and even the sensational success at the time of this release saturday and sunday. The favorable response is a testimony to the consolidated strength of both City Dvlpmt Ltd and also our alliance partner, CapitaLand,” mentioned City Developments Ltd Group CEO Sherman Kwek.
” Encouraged via the faith plus self-confidence in which shoppers have actually put in us, our people are thrilled to carry our perspective concerning this building symbol to fruition,” Kwek shared.
” Considering that the highest residence property development along the Singapore River, the property is placed on a rare and famous plot that will definitely fix a new gauge for combined city living at the soul of SGP’s top-quality recreation and way of living area.”
Concurrently, CapitaLand Development CEO Jason Leow is convinced that “the property’s renowned position, fully furnished homes as well as exceptional connection will persist to entice effective enthusiasm from prospective property buyers”.
Set to get accomplished in 2025, CanningHill Piers creates piece of an integrated building that includes a Four hundred Seventy Five guest room hotel, an One hundred Ninety Two units serviced house in addition to CanningHill Square that possesses F&B plus shops outlets.
The CanningHill Piers sales gallery lies along Merchant Road and is operating every day starting from 10.00 am to 7 in the evening, by session exclusively.