CanningHill Piers marks the latest development to be launched by City Developments Limited (CDL), CapitaLand and Ascott Reit. This comes after the successful launch of another collaboration between CDL and CapitaLand — the mixed-use development Sengkang Grand Residences in 2019.
In anticipation of the new launch, we’ve summarised three things to know about the latest project in town.
1. Sits on the former site of Liang Court
CanningHill Piers will be built on the former site of a mixed-use development that comprised Liang Court, Novotel and an apartment complex.
The development first opened in 1984, with the mall being mostly known for its Japanese restaurants and shops. This included the Daimaru department store, which had been Liang Court’s anchor tenant from 1983 to 2003. The space was then taken over by Meidi-Ya supermarket, which became Liang Court’s anchor tenant for 17 years until its closure last year.
On top of that, the mall was home to the first Singapore outlets of Books Kinokuniya and Saizeriya.
However, footfall in the mall decreased over the last few years and shops began closing down, including Kinokuniya in April 2019. After its en bloc in 2019, Liang Court closed down for good in March 2020 for redevelopment.
2. It’s not the typical integrated development
Jointly developed by CDL, CapitaLand and Ascott Reit, CanningHill Piers is a 99-year leasehold mixed-use project. But just like its predecessor, it’s not just the usual residential-plus-mall kind of integrated development.
The project will comprise two residential blocks, a commercial development called CanningHill Square, a hotel and a serviced residence with a hotel license.
According to the URA master plan, CanningHill Piers will come with 696 residential units, 477 hotel rooms and 192 serviced apartments.
3. Just a stone’s throw away from amenities, including the MRT
Another highlight of CanningHill Piers is that it will have a direct link to Fort Canning MRT — a definite plus point if you don’t drive.
But this isn’t the only MRT that’s within walking distance. Clarke Quay MRT will be around a seven-minute walk from the development. So you’ll have easy access to both Downtown Line and North East Line.
As for those who drive, the good news is that the Central Expressway (CTE) will just be a few minutes drive.
Given its location in the heart of Clarke Quay, various amenities will just be a short walk away as well. For starters, there’s a wide array of dining options along the river and Robertson Quay, where you can hang out with family and friends. Clarke Quay Central will also be within a seven-minute walk.
What’s more, Fort Canning Park sits just across the street. With the overhead pedestrian bridge, it will just be a three-minute walk to the park.
There’s something nature lovers can look forward to as well. According to the 2019 URA master plan, more green spaces will be ready to connect parks in the city centre, from Singapore Botanic Gardens, Istana Park, Fort Canning Park to Pearl Hill’s City Park. There will also be a vibrant promenade along Singapore River in the near future.
And of course, given its proximity to the CBD, CanningHill Piers will be the ideal place to live close to the workplace. If the live, play and work concept is right up your alley, this is one project to look forward to.
Eyeing a unit at CanningHill Piers? Let us know in the comments section below or our Facebook post.
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Looking for a property?
Find the home of your dreams today on Singapore’s fastest-growing property portal 99.co! If you would like to estimate the potential value of your property, check out 99.co’s Property Value Tool for free. Also, don’t forget to join our Facebook community page or Telegram chat group! Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.