Canninghill Square at River Valley by CDL and CapitaLand (Hot Launch 2021)Posted by Moesgaard Halberg on April 29th, 2021 Canninghill Square is an upcoming integrated development situated at River Valley Road and in the vicinity of Clarke Quay. The property is defined to accommodate about 700 units in two residential towers. The former development on the site comprises Novotel hotel, Liang Court Mall, and Somerset Liang Court?s serviced residences. By way of a joint release, City Development (CDL) and CapitaLand announced the entry of Ascott Residence Trust (Ascott Reit) into the consortium which will develop Canninghill Square likely to be completed in 2024. Canninghill Square site enjoys a GFA of 100,263 sq m. The proposed development, once approved by the respective authorities, will include a hotel, commercial units, and a serviced residence. It'll enjoy direct connectivity to Fort Canning MRT. The redevelopment of the website comes after CDL Hospitality Trusts (CDLHT) sold the house to CLD and CapitaLand to be developed on a 50:50 ratio. Ascott Reit in addition has sold some of its assets on the webpage including Somerset Liang Court to CDL. 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 defined to own the hotel featuring between 460 and 470 rooms on a forward purchase agreement with CDL. The hotel will undoubtedly be run by Marriott International operating as Moxy, and the serviced residences will operate as Somerset. canninghill piers pricing The three leading developers in Singapore also plan to revamp the river promenade to include new lease of life to Canninghill Square. The plans trust URA?s 2019 Master Plan of increasing vibrancy in your community. The demand for Canninghill Square is expected to be high because of its strategic location with quick access to amenities. 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?s standards. Benefits That Residents of Canninghill Square Will Enjoy Surviving in River Valley, Clarke Quay District 09 of Singapore River Valley properties, alongside neighbouring areas like Cairnhill and Orchard, are highly demanded by wealthy foreigners and Singaporeans. There are numerous reasons why everyone?s after district 9 properties. One that stands out is location. They sit on prime land in the central region of Singapore and revel in easy access to world-class shopping and lifestyle amenities, reputable schools, parks, merely to mention a few. It is the most prestigious neighbourhoods across the country, well-known for its luxurious lifestyle. Considering that River Valley may be the most family-centric neighbourhood across district 9, the near future residents of Canninghill Square have a lot to expect. Everything is right close to your door when living here, even the world-renown Orchard Road shopping belt. Canninghill Square presents a rare opportunity for you to live in the opulent River Valley. So, in the event that you?re wondering about the advantages to enjoy when living in this neighbourhood, here?s an instant rundown on what it includes: Distance From Canninghill Square To Fort Canning MRT station directly linked and only significantly less than 5 mins walk Canninghill Square ? Strategic Excellent Location Location is key in real estate. The choice of location includes a huge impact on property value. The prestigious district 9 is an incredible location built with everything at hand. Living at Canninghill Square or running a property here means staying close to a bunch of amenities. Canninghill Square sits close to the city, MRT stations, restaurants, shopping destinations, schools, parks and places of worship. With such an excellent location, its residents will love unmatched convenience. Many expats prefer living in River Valley due to quick access to amenities and closeness to the Central Business District. Canninghill Square sits in the central region of Singapore within a short 11-minute drive to the CBD. Dhoby Ghaut MRT station can be a stone?s dispose of. The enhanced connectivity, coupled with its central location in the center of Singapore, allows Canninghill Square residents for connecting to different parts of the island seamlessly. There are numerous shopping and dining choices for River Valley residents. Apart from the upcoming hotel within Canninghill Square, they can easily access the nearby restaurants near by. In terms of shopping, the residents are mere minutes away from Great World City and the favorite Orchard Road shopping belt featuring various malls and shopping centres for unlimited retail therapy. Furthermore, the nearby town of Robertson Quay provides more relaxed places for Canninghill Square residents. You may expect perfect spots to relax and unwind the week?s stress from the restaurants, bistros, bars, and art houses. River Valley is a family-friendly residential area due to its proximity to many schools. You can find local schools within sight, such as River Valley Primary School. The region is popular with expatriates, also it features many international schools from kindergartens like the Overseas Family School to the Singapore International Schools, all within an easy commute. District 9 also boasts of a host of places of worship. The neighbourhood is home to Sri Thendayuthapani Temple found at Tank Road within a 7-minute stroll from Canninghill Square. Also on your own doorstep is Ngee Ann Kongsi which is inside a 9-minute walk. St Bernadette situated at Zion Road and Chesed-El Synagogue on Oxley Rise are also mere minutes from Canninghill Square. River Valley also features reputable private medical centres and hospitals such as Camden Medical Centre found in a 11-minute ride, Gleneagles only 12 mins drive away, and Mount Elizabeth at a short 9-minute ride from Canninghill Square. With one of these top healthcare centres positioned close to Canninghill Square, the near future residents will enjoy fast access to quality medical care. The neighbourhood is also an excellent place to benefit from the serene environment as you take a gentle stroll along the river. Families living in Canninghill Square will appreciate what the region has to offer thanks to a host of outdoor destinations available within a few minutes walk. Apart from the nearby Fort Canning Park, there are plenty of kid-friendly places in the neighbourhood. Cultural and heritage sites may also be within reach from Canninghill Square, giving residents more outdoor options.Like it? Share it! More by this author |