CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers by RV Rd sold 538 of its 6hundred 96 units, over a fair market rate of about $3K per square feet at its launch through the weekend break.
The number comprises of its sole penthouse apartment, that goes across 8,956 sq ft plus delivers comprehensive sights of the city and even the Singapore River. The penthouse unit was undoubtedly transacted for $Forty Eight mil or $5,360 psf.
Having this, the project received a total sum of over $One point One Eight bil since 6pm on Sunday 21Nov.
S’poreans took into account 81 % out of the customers, whilst the leftover 19 percentage were permanent inhabitants as well as noncitizens from mainly CN, IDN, Malaysia, AU, KR, the United Kingdom also the United States, stated CanningHill Piers’ joint real estate investors CDL with CapitaLand Development.
Apartments over at the project varied between in size from 4hundred 9 sq ft for an one-bedder, 1,313 sq ft to get a three bedder excellent unit to Two thousand Seven hundred Eighty Eight square feet to get a five-bedder.
All apartment options were undoubtedly popular, by having picked range fully pushed, revealed the developers.
” We are truly heartened by the huge action and also the fantastic results over this release weekend break. The affirmative take-up is a testimony to the shared advantage of both CDL and our partnership affiliate, CapitaLand,” said City Dvlpmt Ltd Group CEO Sherman Kwek.
” Pushed via the reliance plus self-confidence in which purchasers have positioned in us, our people are truly excited to inspire our goal concerning this building icon to actualization,” Sherman reveal.
” Being the highest non commercial development near the S’pore River, the project is placed on an unique and well-known plot that is going to determine a brand-new measure for integrated urban lifestyles at the heart of S’pore’s quality enjoyment and way of life neighborhood.”
Meanwhile, CapitaLand Dvlpmt Chief Executive Officer Jason Leow is convinced that “the property’s legendary status, well-appointed apartments also exceptional connection will definitely proceed to captivate sturdy curiosity from prospective buyers”.
Ready to be finalized in 2K25, CanningHill Piers sets section of a combined development that contains a 475 guest room hotel, a 192-unit serviced home and also CanningHill Square that provides F&B and retail outlets.
The CanningHill Piers transactions gallery lies on Merchant Rd and is operating daily starting from 10 in the morning to 7.00 pm, by scheduled appointment exclusively.