Canninghill Square

Canninghill Square

Due to declining business, Liang Court (owned by CDL Hospitality Trusts) was sold to Capitaland Ltd and City Developments Ltd in March 2019. In November of the same year, the developers decided to redevelop Liang Court into an integrated development named Canninghill Square. As of July 2021, Liang Court, the once-famous hangout of Japanese expatriates, ceases to exist.

Canninghill Square will be a joint venture between Capitaland Ltd, City Developments Ltd and Capitaland’s subsidiary Ascott Reid. This remarkable development is a 99-year leasehold property that sits on 177 River Valley Road in Clarke Quay (D06), Singapore. Set to be completed in 2024, Canninghill Square will feature an exquisite collection of apartment units, hotel units and commercial spaces.

Canninghill Square Accessibility

Canninghill Square has easy accessibility thanks to the numerous arterial roads coursing through the area including Central Expressway, New Bridge Road and Eu Tong Sen Street. Residents can also easily access the Changi Airport by taking either the Pan Island Expressway or East Coast Parkway. Alternatively, you can commute around town by train as there are a number of train stations close by. For instance, the Fort Canning commuter station is just a 3-minute walk away while the Clarke Quay commuter station is seven minutes in the opposite direction.

Canninghill Square Project Details and Facilities

Spread across a total gross floor area of 100,263 sqm, Canninghill Square will comprise of two residential towers that consist of about 700 apartment units. Besides, the 2-Storey Commercial podium, a 21-storey hotel (managed by Marriott International under Moxy Brand) as well as a 20-storey Somerset serviced residence will be built on the same site. With such a large area available, buyers can expect Canninghill Square to be surrounded by a host of lifestyle facilities for the comfort and convenience of residents. Details regarding the size, layout and design of the units remain to be seen.

Schools and Education Institute

Canninghill Square is surrounded by a number of schools of different tiers. Working adults can go to work in peace knowing their children are well taken care of at preschools and nurseries like MindChamps Pre School River Valley, Tots and Teddies, Brainy Child Montessori and Our Children's House International Childcare Centre. For primary and secondary schools, there are the River Valley Primary School, Stamford Primary School, Cantonment Primary School, Outram Secondary School, Crescent Girls' School and many more.

Medical Centres and Hospitals

Healthcare services are widely available as Canninghill Square is close to clinics like Pinnacle Family Clinic River Valley, Jade Clinic and The Clinic @ One George Street as well as hospitals like Singapore General Hospital, Mount Elizabeth Hospital and Raffles Hospital. Aside from conventional medical practices, there are also centres that offer alternative medical services such as ENOK Traditional Chinese Medicine, Clinic Sin Kang TCM Clinic — 100AM, Great Wall Acupuncture Clinic (TCM) and SoulCentre.

Shops and Shopping Malls

Located within a stone’s throw away, supermarkets like Cold Storage @ UE Square, FairPrice Chinatown Point and CS Fresh are filled with a multitude of goods and produce, ensuring grocery shopping to be hassle-free. Furthermore, residents can also enjoy a relaxing shopping experience at the many shopping complexes nearby — ION Orchard, Chinatown Point, Marina Square and Clarke Quay Central to name a few.

Restaurants and Eateries

Whether you favour classy international nosh or filling and economical local delicacies, you will certainly be able to sate your appetite at the many eateries around Canninghill Square. Restaurants with the likes of Gabbar Bistro & Bar, SQUE Rotisserie & Alehouse and Bar Bar Black Sheep double up as a bar making them the perfect venue for a relaxing dinner or fun Friday night carouses. On the other hand, if a good book coupled by a cup of aromatic coffee and sugary meringues is right up your alley, then perhaps visit the Venus Café. The Book Café and Wanna Cuppa.

Recreation and Leisure Options

While the developer will certainly fill the communal spaces of Canninghill Square with a multitude of facilities, the development itself is already strategically situated close to an abundance of recreational and entertainment establishments. For instance, the Jubilee Park and Hong Lim Park are not only equipped with a children playground but also outdoor gyms and jogging tracks to ensure a fun time for children and adults alike.

Canninghill Square Developer

Founded in 2000, Capitaland Limited was established via the merger of two government-linked real estate developers in Singapore namely DBS Land and Pidemco Land. The corporate has been actively involved in property development since its establishment, boasting a diverse portfolio comprising residential, hospitality, commercial, retail and integrated developments. While the company maybe headquartered in Singapore, its business however spreads across 240 cities in 30 countries with Singapore and China as its core market. It has won many awards for projects done in the past and is a developer of high reputation.

Ascott Real Estate Investment Trust or better known as Ascott Reit is part of the Ascott Residence Trust (ART), a wholly owned subsidiary of Capitaland Limited. Ascott Reit primarily invests in real estate used as lodging facilities (hospitality purposes or as rental housing properties). As of June 2021, ART owns over 88 properties across 15 countries with most of said properties operating under established brands such as Citadines, Somerset and Quest. With Canninghill Square, ART will own the 192 units of serviced residences which will operate as Somerset.

City Developments Limited (CDL) was founded in 1963 as a small property development company that primarily does business in Malaysia and Singapore. In 1969, Hong Leong Bank gained control of the company via shares acquisition and from then on CDL grew rapidly, turning into one of the major real estate companies in Singapore. In 2014, the company managed to put its name into the Guinness World Records by building the largest vertical garden in the Tree House condominium. Moreover, CDL is also the only developer that has ever been conferred the Quality Excellence Award – Quality Champion (Platinum) for seven consecutive years.

Canninghill Square Selling Details

The estimated launching price of Canninghill Square is expected to be around S$3000 PSF.

Staying at Canninghill Square

Sitting at the edge of Singapore in the affluent district 6, Canninghil Square is surrounded by a wide range of facilities and a well-connected infrastructure network, offering residents a convenient city life. From pubs and bistros to verdant parks and landscaped esplanades, Canninghill Square’s prime location in the prosperous area of Clarke Quay also ensures residents will never be out of recreational and leisure options. Besides, educational institutions and supermarkets are all at the doorstep of Canninghill Square making this development an ideal place to start a family. While the design and pricing of Canninghill Square has yet to be released, its superb location however is enough to make it a target of interest for discerning buyers.