Canninghill Square at River Valley by CDL and CapitaLand (Hot Launch 2021)Posted by Borre Iversen on April 23rd, 2021 Canninghill Square is an upcoming integrated development situated at River Valley Road and near Clarke Quay. The property is defined to accommodate about 700 units in two residential towers. The former development on the website comprises Novotel hotel, Liang Court Mall, and Somerset Liang Court?s serviced residences. Through a joint release, City Development (CDL) and CapitaLand announced the entry of Ascott Residence Trust (Ascott Reit) in to the consortium that 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 will 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 has also sold some of its assets on the website 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 undoubtedly 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 undoubtedly be run by Marriott International operating as Moxy, and the serviced residences will operate as Somerset. The three leading developers in Singapore also intend 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 the area. The demand for Canninghill Square is likely to be high due to the 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 true estate scene and completed high performing past projects made to surpass the?s standards. Benefits That Residents of Canninghill Square Will Enjoy Living 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 many explanations why everyone?s after district 9 properties. One which sticks out is location. They sit on prime land in the central region of Singapore and enjoy easy access to world-class shopping and lifestyle amenities, reputable schools, parks, merely to mention a few. It's the most prestigious neighbourhoods in the united states, famous for its luxurious lifestyle. Considering that River Valley may be the most family-centric neighbourhood across district 9, the future residents of Canninghill Square have too much 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 chance of you to live in the opulent River Valley. So, in the event that you?re wondering about the benefits to enjoy when living in this neighbourhood, here?s a quick rundown on what it provides: Distance From Canninghill Square To Fort Canning MRT station directly linked and only less than 5 mins walk canninghill piers showflat Canninghill Square ? Strategic Excellent Location Location is key in real estate. The choice of location has a huge effect on property value. The prestigious district 9 is an incredible location built with everything accessible. Living at Canninghill Square or owning a property here means staying close to a host of amenities. Canninghill Square sits near to the city, MRT stations, restaurants, shopping destinations, schools, parks and places of worship. With this excellent location, its residents will love unmatched convenience. Many expats prefer surviving in River Valley due to fast access to amenities and closeness to the Central Business District. Canninghill Square sits in the central region of Singapore inside a short 11-minute drive to the CBD. Dhoby Ghaut MRT station is also a stone?s throw away. The enhanced connectivity, coupled with its central location in the center of Singapore, will allow Canninghill Square residents for connecting to various areas of the island seamlessly. There are numerous shopping and dining options for River Valley residents. Apart from the upcoming hotel within Canninghill Square, they can easily access the nearby restaurants close by. In terms of shopping, the residents are mere minutes 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 stimulating places for Canninghill Square residents. You can expect perfect spots to relax and unwind the week?s stress from the restaurants, bistros, bars, and art houses. River Valley is really a family-friendly residential area because of its proximity to many schools. You can find local schools within sight, such as for example River Valley Primary School. The area is popular with expatriates, also it features many international schools from kindergartens like the Overseas Family School to the Singapore International Schools, all in a easy commute. District 9 also boasts of a bunch of places of worship. The neighbourhood houses Sri Thendayuthapani Temple found at Tank Road within a 7-minute stroll from Canninghill Square. Also on your doorstep is Ngee Ann Kongsi that is within a 9-minute walk. St Bernadette situated at Zion Road and Chesed-El Synagogue on Oxley Rise are also mere minutes away from Canninghill Square. River Valley also features reputable private medical centres and hospitals such as Camden Medical Centre found within an 11-minute ride, Gleneagles only 12 mins drive away, and Mount Elizabeth at a short 9-minute ride from Canninghill Square. With these top healthcare centres positioned near 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 across the river. Families living in Canninghill Square will appreciate what the area has to offer because of a bunch of outdoor destinations available within minutes walk. Apart from the nearby Fort Canning Park, there are many 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 |