{"id":45783,"date":"2021-11-22T12:58:26","date_gmt":"2021-11-22T04:58:26","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=45783"},"modified":"2022-06-13T17:34:44","modified_gmt":"2022-06-13T09:34:44","slug":"canninghill-piers-sold-77-of-units-during-launch-weekend","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/canninghill-piers-sold-77-of-units-during-launch-weekend\/","title":{"rendered":"CanningHill Piers sold 77% of units during launch weekend\u00a0"},"content":{"rendered":"
<\/div>

CanningHill Piers<\/a> has sold 538 (77%) of its 696 units, as of 6pm Sunday 21 November. Occupying the former site of Liang Court, the project at District 6 was launched just the day before on Saturday 20 November.<\/p>\n

According to a joint statement<\/a> by City Developments Limited (CDL) and CapitaLand Development (CDL), this makes CanningHill Piers the best-selling project launch in the Central Area this year.<\/p>\n

Super penthouse sold for S$48 million<\/b><\/h2>\n

The units were sold at an average selling price of around S$3,000 psf, with a total sales value of over S$1.18 billion. This includes the 8,956 sq ft Super Penthouse sold for S$48 million (S$5,360 psf), S$2 million lower than the initial indicative price of S$50 million (S$5,583). It was also noted that selected stacks were fully sold.<\/p>\n

81% of the buyers are Singaporeans, while the remaining 19% are permanent residents and foreigners, mainly from China, Malaysia, Indonesia, Australia, South Korea, US, UK and others. Notably, Singapore has lifted border restrictions for travellers coming from China<\/a>, and has VTL arrangements with the other mentioned countries. On the other hand, the VTL with Malaysia and Indonesia would only start from 29 November onwards.<\/p>\n

When completed in 2025, the 48-storey tower of CanningHill Piers will be the tallest residential project along the Singapore River. The project is part of an integrated development comprising CanningHill Square with F&B and retail outlets, a 475-room hotel under the Moxy brand by Marriott International and a 192-unit serviced residence under the Somerset brand of The Ascott Limited.<\/p>\n

Looking at our Researcher data, prices of condos in District 6 have increased by 15.85% over the past 10 years. On the other hand, transactions were mainly for units at two projects, Eden Residences<\/a> and One North Bridge<\/a>.<\/p>\n

\"Price<\/a><\/p>\n

What do you think of the robust sales of CanningHill Piers? Let us know in the comments section below or on our Facebook post.\u00a0<\/b><\/h2>\n

If you found this article helpful, 99.co recommends Will Vaccinated Travel Lanes (VTL) invite more foreigners to buy CCR condos?<\/a> and Les Maisons Nassim penthouse sold for S$75m, possibly the most expensive apartment ever sold in Singapore<\/a>.<\/p>\n

Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing property portal 99.co<\/a>! If you would like to estimate the potential value of your property, check out 99.co’s Property Value Tool<\/a> for free. Meanwhile, if you have an interesting property-related story to share with us, drop us a message here<\/a> \u2014 and we\u2019ll review it and get back to you.<\/p>\n","protected":false},"excerpt":{"rendered":"

CanningHill Piers has sold 538 (77%) of its 696 units, as of 6pm Sunday 21 November. Occupying the former site of Liang Court, the project at District 6 was launched just the day before on Saturday 20 November. According to a joint statement by City Developments Limited (CDL) and CapitaLand Development (CDL), this makes CanningHill…<\/p>\n","protected":false},"author":111,"featured_media":45787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53601,53602,57131],"tags":[56535,56329,53740,53680],"persona":[],"class_list":{"2":"type-post","14":"entry","15":"has-post-thumbnail"},"acf":[],"yoast_head":"\nCanningHill Piers sold 77% of units during launch weekend\u00a0 - 99.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/canninghill-piers-sold-77-of-units-during-launch-weekend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CanningHill Piers sold 77% of units during launch weekend\u00a0\" \/>\n<meta property=\"og:description\" content=\"CanningHill Piers has sold 538 (77%) of its 696 units, as of 6pm Sunday 21 November. 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