CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers on River Valley Road sold Five hundred Thirty Eight based on its 696 units, at an average selling price of approximately $Three thousand psf during the course of its release through the weekend break.
The number includes its single penthouse apartment, that extends Eight thousand Nine hundred Fifty Six square foot and provides all-around landscapes of the metropolitan area as well as the SGP River. The penthouse unit was undoubtedly transacted for $48 million or $5,360 psf.
With this, the project reached a total sales of over $One point Eighteen billion as of 0600hrs on Sunday 21 Nov.
S’poreans made up Eighty One % of the buyers, whilst the leftover 19 % happen to be PRs plus immigrants from mostly China, IDN, MYS, AUS, KOR, the UK and also the United States, stated CanningHill Piers’ collective real estate investors City Dvlpmt Ltd and CapitaLand Dvlpmt.
Units at the development fluctuated in dimension starting with Four hundred Nine square feet to get a single bedroom, One thousand Three hundred Thirteen square foot to get a three room excellent unit to 2,788 square feet to get a five bed rooms.
All of the apartment varieties were generally well-received, by having chosen stacks completely offered, said the property developers.
” We are really comforted with the great respond plus the wonderful triumph during this release weekend break. The positive response is certainly a testament to the combined advantage of the two City Dvlpmt Limited and also our alliance affiliate, CapitaLand,” mentioned CDL Group chief executive officer Sherman Kwek.
” Urged via the reliance and also confidence that customers have actually applied in us, our people are delighted to bring our view regarding this architectural icon to completion,” Sherman reported.
” As the highest residence development near the Singapore River, the property is located on a rare and famous spot in which will determine a brand-new standard for consolidated metropolitan lifestyle at the center of SGP’s leading enjoyment and way of living vicinity.”
On The Other Hand, CapitaLand Dvlpmt Chief Executive Officer Jason Leow is self-assured that “the project’s renowned position, well-equipped homes also terrific connection will definitely continue to lure durable attraction from prospective property buyers”.
Schedule to be finished in 2025, CanningHill Piers materializes section of an incorporated project that features a 4hundred 75 guest room hotel, an One hundred Ninety Two units serviced house including CanningHill Square that features F&B and also shops outlets.
The CanningHill Piers transactions showroom is positioned on Merchant Road and is open every day from 10.00 am to 1900hrs, by scheduled time mainly.