The Development
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TYPE
Integrated Development
DEVELOPER
Capital Land & City Developments on 50:50 basis
ARCHITECT
Bjarke Ingels Group (BIG) /DP Architects Pte Ltd
PERCENTAGE OF UNITS SOLD
78.45%
The Developers
The two heavyweights behind this new development are top ranking developers in the BCA list, with CDL coming first and CapitaLand Ltd a close second. With CDL's strong global presence and success coupled with CapitaLand's continuous globally recognized sustainability efforts, this new project is definitely one to watch out for.
The Architect
The architect for this development, BIG (BJARKE INGELS GROUP) is involved in multiple projects around the world, with numerous awards and honors under their belt. The internationally renowned group is led by Bjarke Ingels, who is one of the world's most well known contemporary architects and was in the 100 Most Influential People in the World list in 2016.
The team currently has 26 completed projects and 44 ongoing constructions across the globe (not including Canninghill Piers), with one of their most recently unveiled project being a 150,000-acre masterplan built from scratch on a desert expected to house over 5 million residents within the next 40 years.
Preview and Launch Date
The preview for Canninghill Piers will start from Saturday 6th November to Tuesday 16th November, with its official launch falling on Saturday 20th November.
If you would like first-hand information and latest news of this development, please leave your contact details below.
Location
REGION
Rest of Central Region (RCR)
Replacing Former Liang Court as an Integrated Development
Canninghill Piers is set to take over the former Liang Court, which sits in the middle of Singapore River and Fort Canning Park. An interesting fact to note is that the former Liang Court is actually owned by the subsidiary of CapitaLand, Ascott Residence Trust. They then went on to sell the towers in 2019 to the developers here, CapitaLand and CDL, and will be in charge of the 192-unit serviced residence of the new integrated development with hotel license.
Connectivity
0.15kmMRT STATION0.13kmBUS STOPBEF FORT CANNING
Bus: 32, 54, 195, 195a, 1n, 2n, 3n, 4n, 5n, 6n, nr1, nr2, nr3, nr5, nr6, nr8
0.1kmSHOPPING MALL MRT Station and Shopping Mall Directly Linked
Canninghill Piers is situated in close proximity to Singapore River and historical landmark, Fort Canning Park, which connects it to the best riverside establishments. This also means that it is situated right on the fringe of the CBD, which will be beneficial for future residents working in the area.
Once completed, the integrated development will be directly linked (underground) to Fort Canning MRT Station (DT20) on the Downtown Line, and a mere 7-min walk to Clarke Quay MRT Station (NE5) for direct access to the North East line. In our opinion, easy access to these two major lines is a huge plus as it allows future residents to transmit from place to place in a fuss-free manner.
Of course, bus services are also readily available nearby, with bus services 32, 54, 64, 123, 143, 195 and various night rider buses that links to places like Yishun, Jurong and Punggol for the convenience of night owls.
Near Expressways but Take Note of ERP Charges
Major expressways are also just a few minutes' drive away, the nearest being the CTE (3 minutes), AYE (5 minutes) and last but not least ECP (9 minutes). While this will prove convenient for those not working in the CBD, it is important to note that travelling time for those who are working further in the east or west can go up to at least an 18 minutes (or more) drive.
Do take note that this convenience will also mean that there will be additional ERP charges to take into account of.
Amenities
CONNECTION
NEAREST
DISTANCE
SHOPPING MALL
Canninghill Square
0.1 KM
HAWKER CENTRE
Hong Lim Market
1 KM
GROCERY STORE
Canninghill Square
0.1 KM
PRE-SCHOOL
Eton House (Robertson Walk)
0.7 KM
PRIMARY SCHOOL
River Valley Primary School
1.3 KM
SECONDARY SCHOOL
Outram Secondary School
1.5 KM
CLINIC
Pinnacle Family Clinic
0.6KM
HOSPITAL
Singapore General Hospital
1.9 KM
Living within an integrated development brings about a world of convenience (part of a testament as to why they are in
hot demand), as upcoming Canninghill Square - a 2-storey mall with F&B, retail outlets and supermarket - will be located right within the development. Being situated in such a hot spot means that a multitude of restaurants and leisure spots are also readily accessible.
For nature lovers, a pedestrian bridge will provide direct access to the beloved historic landmark, Fort Canning Park. Multiple prestigious schools are also within a comfortable distance away, easily accessible either via walking or a short drive/bus ride.
One of the perks we like about the location is that future residents will be spoilt for food options. Whilst food in the direct vicinity can get pricey, cheaper options like hawker food can be found with just a 1km walking distance to Hong Lim Market, 7-min drive away to Tiong Bahru Market (2.4km) and 9-min drive to Albert Centre Market (2.4km) - all of which are relatively popular with highly raved about stalls.
For the younger crowd, the option to café-hop is also available as Keong Saik Road is located a mere 2.3km away. For shopaholics, they will be happy to know that Singapore's main shopping belt is within reach, with the nearest mall 313@Somerset just 5-min away (1.8km).
Layout
BEDROOM TYPE
1BR
1BR + Study
2BR
2BR + Ensuite Study
2BR + Study
3BR
3BR Premium
4BR Premium
5BR Premium
NO OF UNITS
99
229
20
20
163
60
20
60
20
SIZE SQFT
409-463
474-570
732
829
732-883
893-1259
1313
1755-1959
2788
STARTING PRICE*
$1,160,000
$1,290,000
$2,160,000
$2,160,000
$2,160,000
$2,750,000
$3,720,000
$5,220,000
$8,100,000
UNITS AVAIL
0
13
0
0
50
33
0
32
18
SIZE RATING
55%
70%
65%
70%
75%
85%
90%
100%
100%
Sky Suites
4
2874 - 3972
$13,000,000
4
-
Super Penthouse
1
8956
$50,000,000
0
-
* subject to changes/availability
Best Unit Highlight: 2 Bedroom + Study
This development is unique in the sense that for some of its unit types, there can be multiple layouts where buyers are then able to choose whichever fits their needs and aesthetics more. Amongst all these unit types, our favorite has to go to the 2 bedroom + study which comes in 4 different layouts, with all layouts guaranteeing an outward facing view.
Some of the key differences between the 4 layouts offered for this specific unit type includes
1. Balcony sizes: BS1a offers split balconies for living room and master bedroom, while BS4 and BS5 enjoy a longer stretch of balcony size. On the flip side, BS2a's stretch of balcony is compromised by the RC and A/C ledge, leading it to be considerably shorter compared to the other layouts.
2. Front door location: While the layouts BS1a, BS2a and BS5 opens straight into the kitchen, layout BS4 has the front door located right next to the study. This layout might not be the best choice for those who requires less interruptions in between work/study time.
3. Bedroom location: Other than layout BS1a which has the master bedroom and bedroom 2 situated right next to each other, the rest of the layout types has one room in between (either bathroom or living room) that splits the bedrooms up. Those who prefer more privacy at home would definitely benefit from choosing from the layouts BS2a, BS4 or BS5.
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Our example layout above features our favorite layout type for this unit, BS5, as it has a connected corridor that allows for larger outdoor spaces. More importantly, it offers a stunning view of Fort Canning for both its bedrooms as well as living room.
Best Unit Size
A special mention has to go to the 4 BR Premium and 5 BR Premium units in this development, with huge unit sizes coming at 1755/1948 sq ft and 2788 sq ft respectively. Compared to other developments, these sizes are pretty mind-blowing and will go well to serve big families or those who simply like having the extra space to play around with.
The units from 3BR premium onwards also enjoy their own private lift, which is always a nice touch to have and adds exclusivity. Additionally, the 3BR premium also has a feature unique to its own where a breakfast pull-out table that extends to the balcony is available, and future residents can then enjoy their meals with a view.
View
With its location surrounded by relatively low buildings, you can be sure that in the right units you'll be able to enjoy the best view this development has to offer in the comfort of your own home. A diverse panoramic view is made available, and future residents will then be able to relish in the magnificent views of the bustling city life, nature and water.
Other than the view from home, a stunning sky bridge will also be built on this development, where 3 zones each with their own distinct theme and city view is featured.
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Stacks and What They Offer
For those who are looking for a specific view to accompany their apartment purchase, here are the stacks you can choose from:
Block 1 - Choose from stacks 01 and 11 which offers a stunning view of the Singapore River and Pearl's Hill City Park
Block 1 - Go for stacks 07-10 on the higher levels, or Block 5 - stacks 23-26 for a view of the bustling city (inclusive of MBS and CBD)
Block 1 - stacks 05-07 on the higher levels, or Block 5 - stacks 20-23 offers a therapeutic hillside views of Fort Canning Park
Block 1 - stacks 02-05 or Block 5 - stacks 17-20 of the higher levels offers a view overlooking River Valley
If you would like to find out which is the ideal stack to choose from, do leave your contact details below.
Appliances & Furnishing
BATHROOM
Shower Mixer - Gessi
Wall mounted water closet - Laufen
KITCHEN
Hood, Hob & Oven - Miele
Fridge - De Dietrich
YARD
Washinger dryer - De Dietrich
"Every need anticipated, every brow smoothed" is the tagline going for this development. Home cooks will find joy in the Italian-designed and made Ernestomeda kitchen system, with the hood, hob and oven from Miele, and integrated fridge and washer-dryer from De Dietrich.
Premium fittings from Gessi and Laufen can be found in the bathrooms, alongside engineered stone vanities and enough storage for any amount of toiletries you might have.
What we like about one of the feature unique to the 1-bedroom, 1-bedroom+study and 3-bedroom premium units is the versatile pull-out counter that rack up points for convenience. This can be used as an additional space for food preparation, a fuss-free dining table or even a work from home station that many of us definitely need with the pandemic looming over our heads.
Each of the units are also outfitted with their own Smart HomeHub, allowing technology to bring more ease towards your everyday lives. There is also a lift calling app specially for units with private lifts.
A Smart Tablet Console will be provided with the app already installed, with features including but not limited to Smart Air Con, Lighting to Surveillance, Smart Energy Monitoring for tracking of energy consumption and Smart Parcel for those who loves to online shop.
Siteplan
NO OF STOREYS
Blk 1 (48 Storeys), Blk 5 (24 storeys)
UNIT PER LEVEL
Blk 1 - 11 Units per level
Blk 5 - 14 Units per level
PARKING
Residential: 373 lots including 4 accessible + 2 EV
Commercial: 97 lots including 3 accessible + 1 EV
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This squarish layout with towers at each corner offers rare unblocked views for those who live in the units on the 2 outward facing sides. Those who live in the inner two sides unfortunately will find it hard to enjoy the river or city views; on the plus side, the neighboring towers are at a distance away where privacy is still ensured.
Block 1 facing the river stands at 180m high with 48-storeys, and is the tallest residential development along the promenade. Block 5 on the other hand stands at 100m with 24-storeys, facing River Valley towards Fort Canning Park.
Optimal Convenience But Expect Possible High Footfall
Though an integrated development provides optimal convenience, high footfall is to be expected as well. The hustle and bustle of such a busy area might not do well for those prefer more quiet and serenity.
The hotel located right beside the towers will also add on to the traffic in the area, and if the pandemic has lessened up once the development is built, take note that there is a high chance there will be an influx in tourists in close vicinity.
Facilities
Sitting atop spanning two towers is the Sky Bridge, which features the Infinity Lap Pool, Infinity Lounge Pool, Spa Pool and Floating Lounge where you can enjoy the therapeutic respite of taking laps around the pool or sitting in comforting waters whilst enjoying the stunning skies above.
To work up a sweat, head on over to the Yoga Deck, Sky Gym or Power Gym and push through your routines while feasting your eyes on the beautiful horizon. The views you get to enjoy from this development is one of the top perks offered, and we like how they have set up the amenities to their full potential.
Be it working, studying, reading or simply chilling. many of us tend to soak up information better in a chill and quiet setting. A lovely feature this development has are the Flexi Lounge and Flexi Pods, where WiFi and charging ports are provided. The Flexi Lounge is great for the working adults, and you will be able to find the Residential Services Reception there as well.
Those who prefer more privacy can opt for the Flexi Pods instead, where you can be left to your own thoughts in a cosy setting.
With the positive outlook that by the time this development is open we will be able to gather in large groups again, the Sky Gourmet is a great spot where you can enjoy good food with your friends and family. The dining room is fully equipped with facilities like an oven, fridge and wine chiller; for those who would prefer barbequing, the Gourmet Grill is available complete with city views.
Pre-Registration for Visitors - Hassle or Convenience?
On the other hand, do keep in mind that visitors will have to pre-register using Smart Mobile Application. which can be troublesome for those who are not as tech savvy. However, it does save a lot of time and trouble for visitors who are entering the compound, which we feel could create a better experience compared to getting stopped by the security guards when entering.
Maintenance Fee
MAINTENANCE FEE (per share value)
$79
MAINTENANCE FEE
$395 - $790
The estimated maintenance fee ranges from $395/mo for the 1BR unit to $790/mo for the 5BR Premium unit, which comes with a private lift. The range of maintenance fee is taken with the exclusion of the sky suites and super penthouses, and is currently only an estimate that does not include GST or carpark charges.
Taking into account the fact that it is an integrated development with the amount of residential services that are provided, the current fees are slightly premium but still considered reasonable.
Pricing
UPDATED: PRICES FOR CANNINGHILL PIERS
BEDROOM TYPE
1BR
1BR + Study
2BR
2BR + Ensuite Study
2BR + Study
3BR
3BR Premium
4BR Premium
5BR Premium
Sky Suites
Super Penthouse
NO OF UNITS
99
229
20
20
163
60
20
60
20
4
1
SIZE SQFT
409-463
474-570
732
829
732-883
893-1259
1313
1755-1959
2788
2874 - 3972
8956
STARTING PRICE*
$1,160,000
$1,290,000
$2,160,000
$2,160,000
$2,160,000
$2,750,000
$3,720,000
$5,220,000
$8,100,000
$13,000,000
$50,000,000
* subject to changes/availability
[Update from November 23]
PERCENTAGE OF UNITS SOLD: 78.45%
Over its weekend launch, over 78% of Canninghill Piers' units have been snapped up, with 1BR, 2BR, 2BR+ensuite+study and 3BR Premium units fully sold out. The Super Penthouse has also been sold at an incredible $48m.
[Update from November 9]
With the rest of the prices released for the development, the PSF based on the smallest size available definitely works out to be at more of a premium. Considering its prime location and the fact that it is the only hill and river dual-frontage residential development in the Central Area, the PSF is still considered attractive for an integrated development.
[Update from November 6]
After its sales gallery preview on November 5, prices for some of the unit types have been released; notably the 1-bedder starting from $1.16m, 4-bedders from $5.22m, 5BR premium from $8.1m and the super penthouse at an approximation of $50m.
As we have mentioned previously, given that it is a well-located integrated development, there is a high possibility it will be priced at a premium. Looking at the current average price psf, we can see that it is leaning towards the higher end compared to developments in the area.
As we await more information about prices of the development, do take note that with no GLS in the vicinity, price appreciation will increase at a slower pace.
If you would like to have first-hand access to the price updates of this development, leave your contact details below and we will get in touch with you once the latest price is announced.
Integrated Developments Nearby
PROJECT NAME
Midtown Modern
Midtown Bay
STARTING FROM (lowest)
$1,456,000
$1,355,600
These integrated developments are part of Guoco Midtown by GuocoLand, Hong Leong Holdings and Hong Realty (Private), which is set to be completed in phases from 2022. It will include office spaces, retail clusters and the two condos above. Despite the fact that this is one of the few integrated developments located in the CCR, the entry price point is relatively low, which offers a good buying opportunity for all buyers.
From the above, you can also see that in comparison, the upcoming Canninghill Piers has an entry price that is over $200,000 lower as compared to Midtown Modern and Midtown Bay. If you are looking into getting a unit in an integrated development at a slightly lower entry price, this is definitely one you should keep in mind.
In fact, the performance for the more recently launched Midtown Modern earlier this year was superb, with more than 60% of their units snapped up just on its launch weekend. Other than families, many investor-buyers actually remarked on the high possibility of moving in when they are older due to the wealth of amenities in the vicinity.
Since then, price appreciation has been kept high with units continuing to be sold at a higher PSF. This shows the popularity of integrated developments and the premium buyers are consistently willing to pay for in order to enjoy the abundance of amenities that are offered.
PROJECT NAME
Irwell Hill Residences
Rivière
The Avenir
Haus on Handy
Marina One Residences
TENURE
99 Years
99 Years
Freehold
99 Years
99 Years
PSF
$2,899
$2,991
$2,844
$2,799
$2,440
STARTING FROM (lowest)
$1,154,000
$1,675,000
$1,499,000
$1,265,320
$1,603,500
Upcoming Developments
1. Linkway between Istana Park & Fort Canning Park
A linkway is on the books to be built at 9 Penang Road, where the former Park Mall is located, connecting Istana Park and Fort Canning Park. Sheltered escalators will also be installed at Canning Rise in a bid to encourage more visitor activity to Fort Canning Centre.
2. Connectivity from Fort Canning Park to Singapore River
Fort Canning Park will also be directly connected to Singapore River via elevated and underground pedestrian links. As time goes by, this can also be enhanced through the addition of new public spaces along Clarke Quay and Merchant Road that the community will be able to enjoy.
3. Hill to Hill Connection
Nature lovers or those who loves strolls will be happy to know that the URA is also planning for an upcoming Hill to Hill Connection, where the public will be able to start their stroll from the lovely foliage Fort Canning Park offers, continuing through the historic Singapore River, and reaching the finishing goal that is Pearl's Hill City Park.
4. New Waterfront hotel
Under the GLS programme, a new waterfront hotel is set to be built at Clarke Quay. More plans are also set to transform the waterfront public spaces at Singapore River, and we can definitely look forward to a more vibrant pedestrian promenade.
5. Potential Green Link at Merchant Road
The Green Link and possible public spaces will be located at Clarke Quay and Merchant Road, which will make the walk from Singapore River to Riverside Village and other places a breeze.
6. 3 Precinct Connections - Bras Basah + Bugis - Fort Canning - Civic District
This will greatly expand the arts and cultural precinct, with part of the enhancements already completed. More park spaces and streetscape improvements will be introduced in an effort to even better connect the 3 precincts, encouraging visitors to explore the area more thoroughly.
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