Canninghill Square at River Valley by CDL and CapitaLand (Hot Launch 2021)Posted by Moesgaard Halberg on April 29th, 2021 Canninghill Square can be an upcoming integrated development situated at River Valley Road and in the vicinity of Clarke Quay. The property is set to house 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 expected 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 site 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 a few 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 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 life to Canninghill Square. The plans agree with 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 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 aren't new in the real estate scene and completed high performing past projects designed to surpass the industry?s standards. Benefits That Residents of Canninghill Square WILL LOVE 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 explanations why everyone?s after district 9 properties. One that stands out is location. They take a seat on prime land in the central region of Singapore and revel in quick 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 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 surviving 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 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 can be an incredible location built with everything at hand. Living at Canninghill Square or owning a property here means staying near a bunch 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 enjoy 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 inside a short 11-minute drive to the CBD. Dhoby Ghaut MRT station can be a stone?s dispose of. The enhanced connectivity, in conjunction with its central location in the heart of Singapore, allows Canninghill Square residents for connecting to different parts of the island seamlessly. There are plenty of 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. 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 relaxed 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 a family-friendly residential area because of its proximity to many schools. There are 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 just like the Overseas Family School to the Singapore International Schools, all in a easy commute. District 9 also boasts of a host of places of worship. The neighbourhood is home to Sri Thendayuthapani Temple bought at Tank Road within a 7-minute stroll from Canninghill Square. Also on your own 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 from Canninghill Square. River Valley also features reputable private medical centres and hospitals such as for example 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 one of these top healthcare centres positioned near Canninghill Square, the near future residents will enjoy quick access to quality medical care. The neighbourhood is also a great place to benefit from the serene environment as you have a gentle stroll across the river. Families living in Canninghill Square will appreciate what the area has to offer thanks to a host of outdoor destinations available within minutes walk. In addition to the nearby Fort Canning Park, there are numerous 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 |