CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers near River Valley Rd sold off Seventy Seven percent out of its Six hundred Ninety Six apartments, with a typical market price of almost $3thousand per square feet throughout its release within the weekend.
The number is made up of its singular penthouse apartment, and that covers Eight thousand Nine hundred Fifty Six square feet furthermore grants comprehensive sights of the town along with the SGP River. The penthouse apartment was snapped for $48 million or $5thousand 3hundred 60 per sq feet.
With this, the project attained an overall revenue of accross $1.18 billion as of 6 in the evening on Sun 21November.
SGPreans accounted for Eighty One percent out of the homebuyers, whereas the leftover 19 percent were permanent residents and noncitizens from mainly China, IDN, Malaysia, AUS, KOR, the UK also the United States, stated CanningHill Piers’ conjoint real estate investors City Dvlpmt Ltd and CapitaLand Dvlpmt.
Apartments over at the development ranged in dimension starting with 409 square feet for an one-bedder, 1,313 square foot to get a three-bedroom excellent unit to 2,788 square foot to get a five-bedder.
Every of the apartment types were really popular, with chosen stacks entirely sold off, revealed the developers.
” We are cheered with the huge response plus the sensational success during this launch weekend. The desirable response is an evidence to the joint strength of both CDL and our alliance companion, CapitaLand,” said CDL Group CEO Sherman Kwek.
” Stimulated through the entrustment and also dependence in which shoppers have actually applied in us, our team are motivated to bring our perspective of this architectural icon to fulfillment,” Kwek reveal.
” Considering that the highest residential dvlpmt along the S’pore River, the property is placed on a rare and renowned site that will definitely determine a brand-new standard for combined metropolitan living at the center of Singapore’s leading amusement and way of life area.”
At The Same Time, CapitaLand Dvlpmt CEO Jason Leow is optimistic that “the building’s renowned standing, fully furnished homes and also excellent connection are going to continue to entice sturdy attention from possible buyers”.
Set to get finished in 2K25, CanningHill Piers forms part of a consolidated project that incorporates a 475-room hotel, a 192-unit serviced residency and also CanningHill Square that comes with F&B and also shopping outlets.
The CanningHill Piers transactions gallery stands on Merchant Rd and is permitted every day starting from 10am to 1900hrs, by scheduled time only.