CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers along RV Road offered 538 out of its 696 units, within a moderate selling price of approximately $3K psf at the time of its commencement through the saturday and sunday.
This comprises of its exclusive penthouse apartment, that covers Eight thousand Nine hundred Fifty Six square feet and also features breathtaking sights of the metropolitan area including the Singapore River. The penthouse unit was undoubtedly taken for $48 million or $Five thousand Three hundred Sixty per sq feet.
Having this, the project received an overall sum of more than $One point Eighteen bil since 6 in the evening on Sun 21 November.
SGPreans took into account Eighty One % of the homebuyers, whereas the leftover 19 percent were permanent inhabitants including noncitizens from mainly China, Indo, MYS, AU, KR, the United Kingdom and also the US, shared CanningHill Piers’ conjoint real estate investors CDL and CapitaLand Dvlpmt.
Units over at the building fluctuated in measurements starting with Four hundred Nine square foot for a single bed room, One thousand Three hundred Thirteen square feet for a three bed room excellent unit to 2,788 sq ft to get a five-bedder.
All of the unit kinds were generally well-received, with selected stacks totally pushed, claimed the real estate investors.
” We are really assured with the overwhelming respond and also the fantastic triumph in the course of this debut week end. The effective response is certainly a testimony to the joint strength of both CDL also our joint venture affiliate, CapitaLand,” revealed CDL Group chief executive officer Sherman Kwek.
” Pushed with the faith and also assurance in which customers have put in us, our people are really motivated to lead our vision concerning this building icon to actualization,” Kwek shared.
” Being the highest home project near the Singapore River, the building is placed on a rare and renowned location that will certainly fix a new standard for combined city lifestyles at the soul of Singapore’s quality amusement and way of living neighborhood.”
Meanwhile, CapitaLand Development CEO Jason Leow is convinced that “the building’s legendary status, well-appointed residences plus exceptional connection will proceed to draw in strong attention from prospective homebuyers”.
Prepare to get finalized in 2K25, CanningHill Piers materializes portion of an incorporated project that contains a 475-room hotel, a 192-unit serviced home along with CanningHill Square that features F&B plus shopping outlets.
The CanningHill Piers transactions showroom lies on Merchant Rd and is open every day starting from 10.00 am to 7.00 pm, by session solely.