CanningHill Piers sells 77% of its units over launch weekend
CanningHill Piers by River Valley Rd offered Five hundred Thirty Eight based on its 696 apartments, with a fair selling rate of around $3K per square foot over its launch over the weekend.
The number includes its single penthouse unit, which in turn goes across 8,956 square feet and also presents all-around scenery of the metropolitan area plus the SGP River. The penthouse unit was undoubtedly transacted for $48 mil or $Five thousand Three hundred Sixty per square feet.
On this, the project achieved an overall transaction of over $1.18 billion since 6 in the evening on Sun 21 Nov.
S’poreans accounted for 81 % out of the homebuyers, while the remaining 19 percentage happen to be PRs and also foreigners from typically China, Indo, Malaysia, Australia, South Korea, the United Kingdom also the United States, stated CanningHill Piers’ collective property developers City Dvlpmt Limited and CapitaLand Dvlpmt.
Apartments at the development fluctuated in dimension from Four hundred Nine square foot for an one-bedder, 1thousand 3hundred 13 square feet for a 3 room superior unit to Two thousand Seven hundred Eighty Eight sq ft to get a 5 bedder.
All unit kinds were undoubtedly popular, with selected bundles entirely pushed, reported the property developers.
” We are really strengthened with the awesome respond and also the remarkable results during this debut saturday and sunday. The favorable response is certainly an evidence to the combined advantage of both City Dvlpmt Limited as well as our alliance companion, CapitaLand,” mentioned CDL Group CEO Sherman Kwek.
” Pushed via the faith also self-confidence that home buyers have actually positioned in us, our team are delighted to inspire our perspective of this particular architectural image to accomplishment,” Sherman mentioned.
” Being the tallest residential property development near the SGP River, the building is settled on a scarce and renowned spot in which is going to fix a new benchmark for consolidated urban lifestyles at the center of SGP’s quality recreation and way of living area.”
At The Same Time, CapitaLand Dvlpmt CEO Jason Leow is confident that “the building’s famous reputation, well-appointed residences plus excellent connection will definitely proceed to captivate durable attraction from future property buyers”.
Prepare to be finalized in 2K25, CanningHill Piers materializes portion of an integrated dvlpmt that features a 4hundred 75 guest room accommodation, an One hundred Ninety Two units serviced residence including CanningHill Square that provides F&B and shopping outlets.
The CanningHill Piers transactions showroom lies on Merchant Road and is operating everyday from 10am to 7.00 pm, by scheduled appointment mainly.