Apr 04, 2021
Condo / Apt for Sale
177 RiverValley Road SingaporeDistrict / Estate:
View to offer
Canning Hill Piers will be the next focal point, thanks to potential plans for the Greater Southern Waterfront and the CBD reward program, as well as its strategic location. When you make Canning Hill Piers your home, you'll have unrivaled connectivity and convenience. Tanjong Pagar Plaza, Chinatown Point, and 100AM Shopping Malls are all within walking distance, and Tanjong Pagar MRT lines are only a few minutes away. Canning Hill Piers is destined to become a distinctive and captivating landmark that will serve as the heart of the Tanjong Pagar region, with such outstanding characteristics.
The consortium plans to restore the waterway promenade flanking the property once the redevelopment is complete, in compliance with the Urban Redevelopment Authority's Draft Masterplan 2019, which aims to enhance the area's diverse quality. The proposed direct link is connected to the Central Expressway and is expected to generate social activities around the proposed integrated development and improve pedestrian accessibility along the Singapore River. It is located in the heart of Clarke Quay, Singapore's most famous riverfront lifestyle and entertainment district, and on the outskirts of Singapore's Central Business District. It has an outstanding public transit network, with direct access to Fot Canning MRT Station on the Downtown Line and Clarke Quay MRT Station on the North East Line, as well as being a short walk away. In addition, the property is connected to a pedestrian bridge that provides access to Fort Canning.
City Developments Limited (CDL), CapitaLand Limited (CapitaLand), and Ascott Residence Trust (Ascott Residence Trust) collaborated on Canning Hill Piers (Ascott Reit). Following the proposed deal by CDL Hospitality Trusts (CDLHT) of its additional interest in Novotel Singapore Clarke Quay, they have joined forces to redevelop the Liang Court site into an integrated development, subject to CDLHT's unitholders' approval of the 50:50 CDL-CapitaLand joint venture substances and CDL. At the same time, Ascott Reit will sell a portion of its Somerset Liang Court Singapore2 investment to CDL.
To find out more on this development, view Canninghill Piers Price Guide.