CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers by River Valley Rd offered Five hundred Thirty Eight of its Six hundred Ninety Six apartments, over a typical market price of around $3K psf during the course of its release within the saturday and sunday.
The number covers its sole penthouse unit, that extends Eight thousand Nine hundred Fifty Six sq ft and delivers full landscapes of the metropolitan area also the SGP River. The penthouse apartment was transacted for $Forty Eight million or $5thousand 3hundred 60 psf.
On this, the property reached an overall sales of beyond $One point One Eight billion since 6.00 pm on Sun 21 Nov.
S’poreans took into account 81 percentage out of the shoppers, whereas the remaining Nineteen percent happen to be PRs and also foreigners from typically CN, Indo, Malaysia, Australia, KOR, the UK as well as the US, claimed CanningHill Piers’ conjoint real estate investors CDL and CapitaLand Dvlpmt.
Apartments in the development varied in dimension starting with Four hundred Nine sq ft for a single bedroom, 1thousand 3hundred 13 square foot to get a three-bedroom premium unit to Two thousand Seven hundred Eighty Eight square foot to get a five-bedder.
All unit varieties were undoubtedly well-received, with chosen bundles totally pushed, revealed the property developers.
” We are truly assured by the awesome respond also the phenomenal victory in the course of this launch week end. The encouraging respond is certainly a testimony to the united advantage of both CDL and our alliance companion, CapitaLand,” said CDL Group CEO Sherman Kwek.
” Stimulated over the faith and self-confidence in which shoppers have actually set in us, we are thrilled to deliver our view concerning this building icon to actualization,” Kwek shared.
” Being the highest residential dvlpmt along the SGP River, the building is situated on an unusual and well-known site in which will certainly set a new gauge for integrated city living at the core of SGP’s quality entertainment and life-style district.”
Concurrently, CapitaLand Dvlpmt CEO Jason Leow is positive that “the project’s renowned status, well-equipped residences as well as excellent connectivity will definitely proceed to bring in durable curiosity from probable buyers”.
Set to get executed in 2K25, CanningHill Piers develops section of an incorporated building that consists of a 475-room hotel, a 192-unit serviced residence additionally CanningHill Square that comes with F&B and also shops outlets.
The CanningHill Piers business gallery is positioned by Merchant Rd and is welcoming everyday from 1000hrs to 7 in the evening, by session solely.