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 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. Through a joint release, City Development (CDL) and CapitaLand announced the entry of Ascott Residence Trust (Ascott Reit) into the consortium that may 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 site employs 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 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 intend to revamp the river promenade to add new lease of life to Canninghill Square. The plans agree with URA?s 2019 Master Plan of increasing vibrancy in the area. The demand for Canninghill Square is likely to be high due to its strategic location with easy 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 industry?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 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 enjoy quick access to world-class shopping and lifestyle amenities, reputable schools, parks, merely to mention a few. It is the most prestigious neighbourhoods in the united states, well-known for its luxurious lifestyle. Considering that River Valley is the most family-centric neighbourhood across district 9, the near future residents of Canninghill Square have a lot to expect. Everything is right next to your door when living here, even the world-renown Orchard Road shopping belt. canninghill piers price 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 benefits 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 property. The choice of location includes a huge impact on property value. The prestigious district 9 can be an incredible location equipped with everything accessible. Living at Canninghill Square or owning a property here means staying close to a host 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 surviving in River Valley because of the fast 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 is also a stone?s throw away. The enhanced connectivity, coupled with its central location in the heart of Singapore, allows Canninghill Square residents to connect to different parts of the island seamlessly. There are many shopping and dining options for River Valley residents. Apart from the upcoming hotel within Canninghill Square, they are able to easily access the nearby restaurants close by. With regards 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 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 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 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 may also be 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 one of these top healthcare centres positioned close to Canninghill Square, the future residents will enjoy quick access to quality medical care. The neighbourhood is also an excellent place to benefit from the serene environment as you have a gentle stroll along the river. Families surviving in Canninghill Square will appreciate what the region has to offer thanks to a bunch of outdoor destinations available within minutes walk. In addition to the nearby Fort Canning Park, there are various 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 |