Canninghill Square, a mixed-use development, is located on River Valley Road in the vicinity Clarke Quay. This development will include both a residential and commercial component. TOP is expected to be in 2024.
Canninghill Square Singapore has a 100,263 sqm GFA. The Canninghill Square price will be approved by the relevant authority. It would include a hotel and commercial retail shops as well as a residential condomnium. Fort Canning MRT will have immediate connectivity.
CDL Hospitality Trusts sold the former Liang Court to CLD Hospitality Trusts and CapitaLand. The new Liang Court will be built in a 50/50 ratio. Ascott Reit also sold some of the properties, including Somerset Liang Court.
After Canninghill Square is completed, CDL-CapitaLand owns the residential and commercial elements. Ascott Reit owns the hotel component. CDLHT, in a forward purchase agreement with CDL will manage the hotel which houses between 460-470 units. Somerset will manage the serviced apartments, while Marriott International will manage the property.
Three prominent developers plan to renovate the river promenade in order to breathe new life into Canninghill Square. These plans are in line with the 2019 Master Plan for URA and will increase vibrancy in the area. Canninghill Square will be in high demand due to its location and easy access to all facilities.
Canninghill Square was developed by CapitaLand, CDL and Ascott Reit. CapitaLand splits the residential and commercial units, CDL manages the hotel, and Ascott Reit manages the serviced apartments. This new development will be an icon for Clarke Quay. Would you like to take part in this amazing launch? Register now to be a part of our launch