CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers near River Valley Road offered Seventy Seven percent based on its 696 units, at a moderate transaction price of about $3K per square foot during the course of its commencement over the week end.
This also includes its single penthouse apartment, that covers 8thousand 9hundred 56 square foot and grants breathtaking scenery of the city including the Singapore River. The penthouse unit was undoubtedly transacted for $48 million or $Five thousand Three hundred Sixty per sq foot.
On this, the project achieved an overall sales of more than $One point One Eight billion as of 6pm on Sun 21 November.
S’poreans accounted for Eighty One percentage out of the home buyers, whereas the leftover 19 percent happen to be PRs as well as immigrants from mostly China, Indonesia, MY, Australia, KR, the United Kingdom and the US, said CanningHill Piers’ conjoint developers CDL with CapitaLand Dvlpmt.
Units at the project varied between in sizing from 4hundred 9 sq ft to get a 1 bed room, One thousand Three hundred Thirteen square foot to get a 3 bed rooms excellent unit to 2,788 sq ft to get a five-bedder.
All unit kinds were generally favored, with chosen bundles thoroughly marketed, shared the developers.
” We are really comforted by the overwhelming reaction also the exceptional triumph in the course of this release weekend break. The affirmative take-up is certainly a testimony to the united advantage of both CDL and our JV affiliate, CapitaLand,” shared City Developments Ltd Group CEO Sherman Kwek.
” Stimulated with the faith as well as assurance in which home buyers have actually positioned in us, our team are really motivated to lead our goal concerning this architectural symbol to fulfillment,” Sherman shared.
” Considering that the highest residential development near the Singapore River, the property is settled on an unusual and famous location in which will definitely set a brand-new bench mark for incorporated city living at the center of Singapore’s highly regarded entertainment and way of living district.”
Meanwhile, CapitaLand Dvlpmt CEO Jason Leow is self-assured that “the project’s legendary reputation, fully furnished homes furthermore outstanding connectivity will carry on to bring in solid passion from potential homebuyers”.
Prepare to get executed in 2K25, CanningHill Piers creates piece of a combined development that consists of a Four hundred Seventy Five rooms hotel, an One hundred Ninety Two unit serviced house along with CanningHill Square that provides F&B and retail outlets.
The CanningHill Piers business showroom lies along Merchant Rd and is welcoming daily starting from 10.00 am to 7pm, by appointment strictly.