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.