Canninghill Piers is an impending coordinated advancement that will be situated nearby Clarke Quay – at River Valley Road, to be more exact. The property is relied upon to yield around 700 units in two private pinnacles. Through a joint delivery, CapitaLand and City Development have reported that the section of Ascott Residence Trust into the consortium ought to be done in the year 2024.
Canninghill Piers has a landmass of an amazing 100,263 square meters and the proposed advancement is relied upon to be outfitted with an adjusted home, an inn, and some business units. It is likewise expected to be straightforwardly associated with Fort Canning MRT.
The redevelopment of the site occurred after CDL Hospitality Trusts offered the property to CapitaLand and CDL, to make sure it could ultimately be redeveloped on a 50:50 proportion. Ascott Reit has sold a portion of his property on the site – one genuine illustration of this is when Ascott Reit sold the Somerset Liang Court to CDL.
When the Canninghill Piers project has at long last been finished, CapitaLand and CDL will possess both the private and the business properties. It is additionally essential to take note of that 192 overhauled …