Canninghill Piers (康宁河湾)

Canninghill Piers (residential) & Canninghill Square (commercial) is an upcoming integrated development situated at River Valley Road and in the vicinity of Clarke Quay. The former development on the site comprises Novotel hotel, Liang Court Mall, and Somerset Liang Court’s serviced residences.

Currently, the Liang Court site consists of Novotel Singapore Clarke Quay, Somerset Liang Court Singapore, and the Liang Court shopping centre. This existing development, which is a 97-year leasehold property, was completed in 1984. The tenure began in 1980. The redevelopment involved a lease renewal. 

The proposed integrated development with a total gross floor area (GFA)3 of 100,263 square metres (sq m) will offering around 700 apartment units, a commercial component, a hotel and a serviced residence with a hotel licence.

Canninghill Piers site at Clarke Quay is set to be turned into an integrated development with two residential towers. City Developments (CDL) and CapitaLand announced that they will be joined by Ascott Residence Trust (Ascott Reit) in the project which is expected to be open in phases from 2024.

Located next to Fort Canning MRT station on the Downtown Line, the proposed integrated development is expected to open in phases from 2024, with the serviced residence retaining its Somerset branding.

Along with the redevelopment of the site, the consortium also intends to rejuvenate the river promenade right next to the property, in line with the Urban Redevelopment Authority’s 2019 Draft Master Plan to enhance the area’s vibrancy.

The rejuvenation of the promenade is expected to generate social activities around the proposed project, increase footfall as well as improve pedestrian accessibility along the Singapore River.

Upon completion of Canninghill Square, CDL-CapitaLand will own the commercial and residential components while 192 units of serviced residence with a hotel license will be under Ascott Reit. CDLHT is set to own the hotel featuring between 460 and 470 rooms on a forward purchase agreement with CDL. The hotel will be run by Marriott International operating as Moxy, and the serviced residences will operate as Somerset.

The three heavy weight developers behind Canninghill Square are CDL, CapitaLand and Ascott Reit. The residential and commercial units are shared between CapitaLand and CDL on a 50:50 basis, the hotel is under CDL, while Ascott Reit takes the serviced apartments with a hotel license. These Singapore-based developers are not new in the real estate scene and completed high performing past projects designed to surpass the industry’s standards.

Fact Sheet

CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth over S$92 billion as at 30 September 2018, comprising integrated developments, shopping malls, lodging, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 160 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia. CapitaLand’s competitive advantage is its significant asset base and extensive market network. Coupled with extensive design, development and operational capabilities, the Group develops and manages high-quality real estate products and services.

Ascott Residence Trust

ART is the biggest hospitality trust in the Asian Pacific region. Their assets total up to S$7.6 billion. They have over 16,000 units in over 39 cities across 15 countries. ART owns multiple brands for its properties. These brands include Somerset, Quest, Citadines, and Ascott The Residence. Some of their notable projects include Ascott Orchard Singapore and LYF One-North.

Unique Selling Points

Location Map

CanningHill Piers sits on a prime site with a coveted dual-frontage facing Singapore River and Fort Canning Hill. Its redevelopment offers CapitaLand a prized opportunity to deliver an upmarket, high-rise riverfront residential development that comes with stunning views of Singapore River and the city centre. The commercial component of the integrated development will be seamlessly connected to Clarke Quay, offering residents the convenience of top-notch F&B and retail offerings right on their doorstep. Drawing on CapitaLand’s extensive experience in creating award-winning integrated developments, we will harness our partnership with CDL to shape the property into a fresh focal point along the Singapore River for local and international visitors of all ages.

The Singapore River planning area is a vibrant local and international icon – home to a myriad of cultural, heritage and lifestyle offerings. Situated in the heart of Clarke Quay – Singapore’s most popular riverfront lifestyle and entertainment precinct – and on the fringe of Singapore’s Central Business District, the proposed integrated development is linked to the Central Expressway via River Valley Road. It enjoys excellent connectivity to public transport with a direct link to Fort Canning MRT Station on the Downtown Line and is a short walk from Clarke Quay MRT Station on the North East Line. The property is also connected to an overhead pedestrian bridge that provides direct access to Fort Canning Park, a well-known historical hilltop landmark.

For nature lovers and history buffs, Fort Canning Park just across the development looks set to provide hours of quiet respite as a green oasis in the city. The 18-hectare park is one of Singapore’s most prominent historical landmarks and is filled with attractions, from sprawling lawns, to lush greenery, gazebos, a spice garden, and the Battle Box, a former underground military complex that was used in World War II. Over the longer term, the government – under its Master Plan 2019 – has outlined plans to improve connectivity in the precinct, creating a continuous hill-to-hill link from Fort Canning Park towards Singapore River and eventually to Pearl’s Hill City Park, offering the public a seamless belt of leisure and recreation.

What’s Nearby Canninghill Piers?

Site Plan & Unit Mixes

Equipped with a collection of extravagant facilities, this development is the ultimate choice for your dream home in the metropolis. Some of this exciting areas include recreational facilities like the BBQ area, Gym and lap pool.

The beautiful landscape of this development welcomes its future residents with an abundant greenery. With its area surrounded with towering buildings, it helps to give the residents a break from the busy ambiance. Calmness and serenity within its premises.

Live with top quality finishes of chic and sleek and spacious layout that is meticulously designed with luxury and elegance in mind. Each individual space is fitted with best of fittings and finishes with you in mind.

Units Mixes: 

Typical Floor Plan:

1-Bedroom

2-Bedrooms

3-Bedrooms

4-Bedrooms

5-Bedrooms

Download Brochure

Balanced Units & Price

▪️1BR+S (484-506sf) fr $1,712,000 – Last 4
▪️5BRP (2788sf) fr $8,904,000 – Last 7
▪️SkySuite (2874-3972sf) fr $12,800,000 – Last 2

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