Canninghill Piers (Former Liang Court)

Canninghill Piers is the former Liang Court, an old building at Clarke Quay that will be redeveloped into an integrated development.

Located next to Fort Canning MRT station, Canninghill Piers will consist of two residential towers, a shopping mall, and a hotel under one roof.

The 696-unit residential component at the Integrated redevelopment is set for launch in Q2 2021.

Right in between the Singapore River and Fort Canning Park, I would say no other integrated developments in Singapore could beat this project.

There is a fun story behind the Liang Court development.

Ascott Residence Trust actually owns the former Liang Court towers. And they are the subsidiary of CapitaLand.

Then Ascott Trust sold the entire old towers to CapitaLand and City Development Limited (CDL) in 2019.

Now, both the giant developers in Singapore will redevelop this site into a brand new integrated development – Canninghill Piers.

I believe everyone should be heard of the reputation of both Capitaland and CDL.

Liang Court is right beside Fort Canning MRT station (Downtown Line).

River Valley Road might be too long to recognize where Liang Court is located.  You just have to know it is at the place we call Clark Quay.

In between the Singapore River and Fort Canning Hill, the location of Liang Court is fantastic.

Accessibility

The residents of the development can use the DT20 Fort Canning MRT Station and NE5 Clarke Quay MRT Station to easily move to and from the location.

The development is easily accessible and is connected via major roads and highways of the area from where the residents can reach any place in the city easily just by driving for a few minutes.

The residents can use River Valley Road and Paterson Road to access the development or to move to any location from the development.

Amenities nearby

Canninghill Piers (Liang Court) is located in a great area and is surrounded by a variety of amenities.

The residents of the development do not have to worry about anything in the area because everything is easily available in the locality.

It is considered to be a great place for those who love to do shopping because there are many famous shopping spots in the area.

Shopping nearby:

• Canninghill Square (below Canninghill Piers)
• The Central
• UE Square
• Chinatown Point
• Orchard Road

The residents can enjoy some great food at Dragon Phoenix Restaurant, Subway, Novotel Singapore Clarke Quay and Alegro.

Eateries nearby :

• Dragon Phoenix Restaurant
• Subway
• Novotel Singapore Clarke Quay
• Alegro

There are many great educational institutions in the area providing top class educational services to the residents of the area. The residents do not have to worry about the education of their children.

Schools and Education nearby:

• River Valley Primary School
• Outram Secondary School
• Chatsworth International School

Register to get floor plan? (Best Price Possible & No Obligations)

How much would be the selling price?

Because this is not any enbloc or GLS, we have no idea to derive the breakeven cost.

Therefore, what I can do to guestimate the pricing is to refer to the other pricing of the nearby development.

Based on the nearest new launch nearby, we have Riviere.

Their average price is around $2,733psf.

Based on the recent transaction record of the new launch integrated development in Bugis – Midtown Modern, the average price is $2,770psf.

I would say Canninghill Piers (Liang Court) would not sell at the average below this price. My guestimation the developer may sell this project at an average price of $2,900psf.

Let’s Review and Comment is Canninghill Piers (Liang Court) a Good Buy?