{"id":123364,"date":"2021-11-22T02:28:04","date_gmt":"2021-11-21T19:28:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canninghill-piers-sells-77-of-its-units-over-launch-weekend\/"},"modified":"2021-11-22T11:21:09","modified_gmt":"2021-11-22T04:21:09","slug":"canninghill-piers-sells-77-of-its-units-over-launch-weekend","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canninghill-piers-sells-77-of-its-units-over-launch-weekend\/","title":{"rendered":"CanningHill Piers sells 77% of its units over launch weekend"},"content":{"rendered":"


\nCanningHill Piers sells 77% of its units over launch weekend538 out of 696 CanningHill Piers units were sold over its launch weekend on 20 to 21 Nov 2021, including its $48 million penthouse. Source: CDL
\nCanningHill Piers along River Valley Road sold 538 units, or 77% of its 696 units, at an average selling price of about $3,000 per sq ft (psf) during its launch over the weekend.
\nThis includes its sole penthouse unit, which spans 8,956 sq ft and offers panoramic views of the city and the Singapore River. The\u00a0penthouse\u00a0unit was snapped for $48 million or $5,360 psf.
\nWith this, the project achieved a total sales of over $1.18 billion as of 6.00pm on Sunday (21 November).
\nSingaporeans accounted for 81% of the buyers, while the remaining 19% were permanent residents and foreigners from mainly China, Indonesia, Malaysia, Australia, South Korea, the UK and the US, said CanningHill Piers\u2019 joint developers City Developments Limited (CDL) and CapitaLand Development.
\nUnits at the development ranged in size from 409 sq ft for a one-bedder, 1,313 sq ft for a three-bedroom premium unit to 2,788 sq ft for a five-bedder.
\nAll unit types were well-received, with selected stacks fully sold, said the developers.
\n\u201cWe are heartened by the overwhelming response and the phenomenal success during this launch weekend. The positive take-up is a testament to the combined strength of both CDL and our JV partner, CapitaLand,\u201d said CDL Group CEO Sherman Kwek.
\n\u201cEncouraged by the trust and confidence that buyers have placed in us, we are excited to bring our vision of this architectural icon to fruition,\u201d he shared.
\n\u201cAs the tallest residential development along the Singapore River, the project is situated on a rare and iconic site that will set a new benchmark for integrated urban living at the heart of Singapore\u2019s premier entertainment and lifestyle district.\u201d
\nMeanwhile, CapitaLand Development CEO Jason Leow is confident that \u201cthe project\u2019s iconic status, well-appointed homes and excellent connectivity will continue to attract robust interest from prospective homebuyers\u201d.
\nSet to be completed in 2025, CanningHill Piers forms part of an integrated development that includes a 475-room hotel, a 192-unit serviced residence as well as CanningHill Square that comes with food and beverage (F&B) and retail outlets.
\nThe CanningHill Piers sales gallery is located along Merchant Road and is open daily from 10.00am to 7.00pm, by appointment only.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…CanningHill Piers sells 77% of its units over launch weekend<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CanningHill Piers sells 77% of its units over launch weekend538 out of 696 CanningHill Piers...<\/p>\n","protected":false},"author":1,"featured_media":123365,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/2021-press-release-canninghill-piers-day-main-1-1.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-w5K","jetpack-related-posts":[{"id":123029,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canninghill-piers-opens-for-preview-units-priced-from-1-16mil\/","url_meta":{"origin":123364,"position":0},"title":"CanningHill Piers opens for preview, units priced from $1.16mil","date":"November 5, 2021","format":false,"excerpt":"\r CanningHill Piers is a\u00a0696-unit project located between\u00a0the Singapore River and Fort Canning Hill.\u00a0The sales gallery opens today (5 November), and bookings begin on 20 November. Source:\u00a0CDL CanningHill Piers, CapitaLand Development and City Developments Limited (CDL)\u2019s joint development project, has opened its sales gallery today (5 November), while bookings will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/2021-press-release-canninghill-piers-day-main-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121558,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-cdl-to-launch-canninghill-piers-in-q4-2021\/","url_meta":{"origin":123364,"position":1},"title":"CapitaLand, CDL to launch CanningHill Piers in Q4 2021","date":"August 20, 2021","format":false,"excerpt":"\r CanningHill Piers is a 696-unit development set to launch in Q4 2021, offering units that range from 410 sq ft to 8,950 sq ft. Source: CDL CanningHill Piers, a 696-unit joint residential development by CapitaLand and City Developments Limited (CDL), is set to launch in the fourth quarter of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/2021-press-release-canninghill-piers-day-main-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-private-home-sales-up-70-in-november\/","url_meta":{"origin":123364,"position":2},"title":"New private home sales up 70% in November","date":"December 17, 2021","format":false,"excerpt":"\r CanningHill Piers was the best performing project in November, moving 576 units at a median price of $2,887 psf. New private home sales in Singapore continued in an upward trend, increasing 70% in November from the previous month. Excluding executive condominiums (ECs), developers sold 1,547 units in November, up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/condominium-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-unit-to-acquire-upper-bukit-timah-site-for-126-3mil\/","url_meta":{"origin":123364,"position":3},"title":"CDL unit to acquire Upper Bukit Timah site for $126.3mil","date":"November 29, 2021","format":false,"excerpt":"\r The two adjoining sites are located at 798 and 800 Upper Bukit Timah Road and have an area of 16,620 sq m (178,900 sq ft). Source:\u00a0Google\u00a0Maps CDL Aries, a unit of City Developments Limited (CDL), has been granted a call option to acquire two adjoining sites at 798 and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/upper-bukit-timah.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-private-home-sales-increase-9-in-october\/","url_meta":{"origin":123364,"position":4},"title":"Singapore private home sales increase 9% in October","date":"November 17, 2021","format":false,"excerpt":"\r Singapore private home sales increase 9% in OctoberIn October 2021, new private home sales in Singapore (excluding ECs) increased to 909 units, up from 834 units in September.\u00a0 New private home sales in Singapore, excluding executive condominiums (ECs), increased 9% month-on-month to 909 units in October, after registering two\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/singapore-prime-district.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":106873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/amber-park-sells-115-units-at-2425-psf\/","url_meta":{"origin":123364,"position":5},"title":"Amber Park Sells 115 Units At $2,425 psf","date":"May 6, 2019","format":false,"excerpt":"\r CDL described the take-up as \u201cthe strongest launch weekend sales for a freehold project this year\u201d. Amber Park \u2013 City Developments Limited (CDL) and Hong Realty\u2019s joint residential project in East Coast \u2013 moved 115 units or 77 percent of the 150 units released during its launch over the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123364"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123364"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/123365"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}