Canninghill Square at River Valley by CDL and CapitaLand (Hot Launch 2021)Posted by Moesgaard Halberg on April 23rd, 2021 Canninghill Square can be an upcoming integrated development situated at River Valley Road and near Clarke Quay. The property is set to house 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 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 feature a hotel, commercial units, and a serviced residence. It will enjoy direct connectivity to Fort Canning MRT. The redevelopment of the website employs CDL Hospitality Trusts (CDLHT) sold the property 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 defined to possess 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 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 due to 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 aren't new in the true estate scene and completed high performing past projects designed to surpass the industry?s standards. Benefits That Residents of Canninghill Square WILL LOVE 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 several explanations why everyone?s after district 9 properties. One which stands out is location. They take a seat 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 is 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 for you to live in the opulent River Valley. So, if you?re wondering about the advantages to enjoy when living in this neighbourhood, here?s a quick rundown on what it offers: Distance From Canninghill Square To Fort Canning MRT station directly linked and only significantly less than 5 mins walk canninghill piers showroom 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 can be an incredible location built with everything at hand. Living at Canninghill Square or running a property here means staying near 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 enjoy unmatched convenience. Many expats prefer living 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 can be a stone?s dispose of. The enhanced connectivity, coupled with its central location in the heart of Singapore, allows Canninghill Square residents for connecting to various areas of the island seamlessly. There are many shopping and dining options for River Valley residents. In addition to the upcoming hotel within Canninghill Square, they are able to easily access the nearby restaurants close by. When it comes to 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 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 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, and 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 bought at Tank Road within a 7-minute stroll from Canninghill Square. Also on your own doorstep is Ngee Ann Kongsi which 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 away from Canninghill Square. With these top healthcare centres positioned near Canninghill Square, the near future residents will enjoy quick access to quality medical care. The neighbourhood is also an excellent place to enjoy the serene environment as you take a gentle stroll across the river. Families living in Canninghill Square will appreciate what the region 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 are also at your fingertips from Canninghill Square, giving residents more outdoor options.Like it? Share it! More by this author |