UPDATE: CanningHill Piers is currently 94% sold.

Liang Court is a nostalgic mall for many of us. At the height of its popularity, it was home to a wide array of restaurants and big Japanese brands like Kinokuniya and Medi-ya. Now the iconic mall along the Singapore River is making way for a vibrant integrated development, CanningHill Piers.

Project Name	CanningHill Piers
Type	Integrated development with two residential towers, a 20-storey serviced apartment, a 21-storey hotel (Moxy Hotel by Marriott International) and a two-storey commercial podium (CanningHill Square managed by CapitaLand)
District and Address	District 6 | 177 River Valley Road
Number of storeys	24- and 48-storey residential towers
Total units	696
Unit types	1- to 5-bedroom, sky suites and super penthouse
Developers	CapitaLand, City Developments Limited (CDL) and Ascott Reit
Tenure	99-year leasehold
TOP Date	Opening in phases from 2024
Design and Project Architects	Bjarke Ingels Group (BIG) DP Architects Pte Ltd
Nearest MRT Stations	Fort Canning (Downtown Line) – 1-min walk Clarke Quay MRT (North-East Line) – 7-min walk
Schools within 2KM	River Valley Primary School
Amenities within a 10-min walking distance	Shopping Centres: UE Square and The Central Food and Beverage options: Eateries at UE Square, Merchant’s Court and The Central. Restaurants on both sides of the Singapore River Supermarkets: Cold Storage at UE Square and Sheng Siong at 52 Chin Swee Road Greenery and Parks: Fort Canning Park, located directly opposite and accessible via a bridge across.

Click here for the latest updates on prices and units available.

How did it come about? In 2019, a consortium was formed by CapitaLand Limited, City Developments Limited (CDL) and Ascott Residence Trust (Ascott Reit) to redevelop this former Liang Court site.

The redevelopment plans were also in line with the government’s efforts to revitalise the Singapore River area. Under the plans, the site will be surrounded by a pedestrian promenade that links to a larger pedestrian network along the Singapore River.

Former Liang Court is no more: it’s now the site for integrated development CanningHill Piers.

There are also long-term plans to increase social and green spaces and to improve connectivity between the nearby parks like Fort Canning Park, Istana Park and Pearl’s Hill City Park.

Integrated development CanningHill Piers itself will launch in the latter half of 2021. It will comprise residences, serviced apartments, a hotel and a mall, boasting not only river views but also a hillside location. Is this property worth staying and investing? We take a deeper look.

Developers + Architects

The developers involved in the residential component of CanningHill Piers, CapitaLand and CDL, are top guns in the real estate scene.

CapitaLand is known for its array of big-name malls in Singapore, but they have also developed other iconic condominiums including One Pearl Bank and d’Leedon. CDL, on the other hand, was involved in a number of hotels as well as a series of integrated projects including South Beach Tower and Quayside Isle @ Sentosa Cove. With the developers having such an incredible portfolio, the development of CanningHill Piers is definitely in good hands.

For the design-savvy, you’ll be pleased to note that the design architect for this development is Bjarke Ingels Group (BIG). Founded in Copenhagen, this design group is known for their bold architecture and modern sensibilities. Many of their mixed-use projects, including 8 House in Copenhagen and CapitaSpring in Singapore, encompass sustainable features that are kind to the surrounds and are designed after in-depth analyses on the local culture and climate.

8 House in Copenhagen.

Location and Surrounding Amenities

The development sits on a glitzy location within District 6 along the Singapore River. This district itself has few residential properties, which makes a residential unit here that much more valuable.

CanningHill Piers sits on a prime location along the Singapore River.

The adjacent River Valley neighbourhood at District 9 has also always been popular with expats, notably the Japanese, thanks to its proximity to Orchard, Downtown Core and Singapore’s nightlife. You also see a sizeable population of affluent locals in this area.

There is nothing short of amenities in this location. Restaurants, cafes and bars dot the meandering scape along the Singapore River, while the nearest malls, UE Square and The Central, are both within a 10-min walking radius and packed with plenty of retail, food and beverage options.

In terms of supermarkets, Cold Storage at UE Square is the nearest. Further out, there is a Sheng Siong at 52 Chin Swee Road, which is also within a 10-min walk.

UE Square houses a number of retail and F&B outlets, including a Cold Storage supermarket.

But you don’t have to look further than within the development for amenities right at your doorstep. Within CanningHill Piers will be a two-storey commercial podium, comprising retail and food and beverage outlets, managed by CapitaLand mall.

If you like being at the centre of activity, this is really it. The development is essentially surrounded by a large number of restaurants and clubs, some of which open till late at night. It’s also a popular tourist area with a number of hotels in the vicinity. Also, within CanningHill Piers itself is Moxy Hotel, which is slated to open in 2025.

And with URA’s plans to increase vitality and accessibility (walking and cycling routes) between the quays and along the Singapore River, you can expect to be surrounded by a lot of hype and buzz.

Nature lovers, you have your share of greenery at Fort Canning Park, located opposite the development and conveniently accessible via an overhead bridge. Be treated to verdant views if you pick the right unit, as some apartments will be facing the park.

Choose a unit facing Fort Canning Park for a verdant view.

The views are definitely a big draw for CanningHill Piers. With the residential towers at 48 and 24 storeys tall, higher floors will indulge in views of the surrounding cityscape while the lower floor units will feel close to the river or the park.

Some units offer views of the nearby cityscape.

Transportation

Fort Canning MRT station along the Downtown Line is right next to this development. This is a huge plus for those working at the Downtown Core, since it’s just three stops to Downtown MRT station.

Convenience at your doorstep: Fort Canning MRT station is located right next door.

A 3-min walk will also take you to Clarke Quay MRT station, which is located on the North-East line. The station is just one stop to Dhoby Ghaut Interchange and three stops to Harbourfront Interchange, making it very convenient for you to connect to other MRT lines.

CanningHill Piers is well connected thanks to its close proximity with both Fort Canning and Clarke Quay MRT stations.

For drivers, the area is also very well connected to the expressways, CTE, AYE and PIE, so you will get to bypass the smaller roads and traffic lights for a smoother journey.

Along River Valley Road. This arterial road can get quite busy during peak hours.

Pricing + Investment potential

Its stellar location and proximity to business districts aren’t the only reasons that make CanningHill Piers a good investment. Its rarity also makes it very attractive.

Pricing update: Average prices for this development are going for $2,927 psf.

For potential landlords, here are the rental rates in June 2021 for the surrounding condos*:

rent map for canninghill piers

*Source: URA

For more information on pricing, facilities and floor plans for CanningHill Piers, get in touch with us.

Click here for the latest updates on prices and units available.

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