Home » Blog » New Project Launches » Canninghill Piers Review – A Riverside Integrated Development

Canninghill Piers Review – A Riverside Integrated Development

This is a review of Canninghill Square, an upcoming integrated development in Clarke Quay and at the fringe of Singapore’s Central Business District (CBD) and Orchard Road. Spanning an area of 12,925.4 sq m, it will comprise two residential towers offering some
696 residential units, a commercial component, an “upper midscale” hotel with 460 to 470 rooms, and a 192-unit serviced residence
with hotel licence.

This review of Canninghill Square will seek to provide an unbiased evaluation of its design features, locational attributes and investment
potential. For an update of the development or to view the show flat, please contact us.

About Canninghill Piers & Canninghill Square

Canninghill Piers (residential) and Canninghill Square (commercial) will occupy the site of the former Liang Court Shopping mall, Hotel
Novotel Clarke Quay and serviced residence Somerset Liang Court. The site enjoys magnificent and unblocked views of the iconic
Singapore River and Fort Canning Park rich in history and a vibrant nightlife.

The development will be undertaken by two of Singapore’s real estate heavyweights in a 50:50 joint venture – City Development Ltd
(CDL) and Capitaland Ltd.

CDL hospitality Trusts (CDLHT) will own the hotel to be operated by Marriott International under the Moxy brand, while Ascott
Residence Trust (Ascott Reit) will take ownership of the 192-unit serviced apartment and will retain its Somerset branding. The
development is targeted to open in phases from 2024.

Along with the redevelopment, the consortium will also rejuvenate the river promenade next to the integrated development, in line with
the Urban Redevelopment Authority’s Draft Master Plan 2019 to enhance the area’s vitality.

The promenade’s rejuvenation is expected to enhance social activities, increase foot fall and improve pedestrian accessibility along the
Singapore River

 

“We are honoured to be partnering CapitaLand on yet another integrated development that will redefine Clarke Quay, one of Singapore’s most exciting entertainment precincts.  With multiple frontages, breathtaking views and convenient access to Fort Canning MRT Station, the Liang Court site has outstanding locational attributes for an integrated development comprising residential, commercial, hotel and serviced residence components.  By harnessing the strengths and capabilities of all the partners involved, we plan to transform the site into an iconic landmark along the Singapore River.”

 

Canninghill Piers & Canninghill Square Fact Sheet

Key Attributes of Canninghill Piers

 

  • An unrivalled location in Clarke Quay between the Singapore River and Fort Canning Park
  • High-rise riverfront residential development with stunning views of the Singapore River, fort Canning Park and City
  • Next to the Central Business District (CBD), providing a fascinating live, work, and play experience
  • A plethora of leisure, entertainment and dining options
  • Close to Singapore’s historical districts (Chinatown, Boat Quay, Kampong Glam and Little India)
  • Excellent transport connectivity, with direct access to Fort Canning (Downtown Line) and 4 minutes’ walk to Clarke Quay (North-East Line) MRT stations
  • Close proximity to Singapore’s main shopping destination such as Orchard Road, City Hall, Marina Bay and Bugis
  • Close proximity to schools and education institutions
  • Built by two of Singapore’s most experienced and trusted developers in CDL and CapitaLand

Site Location of Canninghill Piers – At the Heart of Entertainment

Canninghill Piers lies in the heart of Clark Quay, which is just next to Boat Quay, one of Singapore’s four Historical Districts. In the late 19 century, the area was the centre of trade and commerce. “Tongkangs” (bumboats) loading and unloading their cargoes from the warehouses along Clarke Quay used to be a common sight.

But today, it has been transformed into a bustling destination filled with a colourful kaleidoscope of restaurants, wine bars, entertainment spots and retail shops. The rows of charming shophouses and warehouses that have been refurbished add to the area’s charm. In the day, visitors can immerse themselves in discovering shops selling curios, souvenirs, art and craft and a
variety of merchandise.

In the evening, Clarke Quay becomes a huge night bazaar where visitors can be lost in a maze of dining and entertainment outlets.

Clarke Quay is very accessible and is within walking distance of two MRT stations – Clarke Quay (North-East Line) and Fort Canning
(Downtown Line).

Canninghill Piers Location Map

Singapore River

Canninghill Piers overlooks the Singapore River, which meanders through Boat Quay, Clarke Quay and Robertson Quay, and provides the central artery for the area’s vibrant nightlife scene. But the river offers its visitors more than just a picturesque destination for food and drinks. It also offers boat tours where they cruise up and down the entire length of the river. Traversing from one end at Marina Bay to the other end at Robertson Quay, these boat rides offer many interesting sights along the way.

These include historically important bridges such as Clemenceau Bridge and Anderson Bridge, as well as well-known Singapore landmarks such as the Asian Civilisation Museum, statues of Sir Stamford Raffles and Merlion and the Esplanade where its spikey roof resembles a durian.

Unsurprisingly, the area has grown into one of Singapore’s must-visit tourist destination.

Singapore River

Fort Canning Park

Fort Canning Park is an iconic hilltop landmark in Singapore that has witnessed several historical events. The hill was previously home to 14th-century kings’ palaces and served as the Far East Command Centre and British Army Barracks. The decision to surrender Singapore to the Japanese on 15 February 1942 was also made on the hill, in the Underground Far East Command Centre, commonly known as Battle Box.

Today, Fort Canning Park features nine historical gardens – the Pancur Larangan, Artisan’s Garden, Sang Nila Utama Garden, Jubilee Park, Raffles Garden, First Botanic Garden, Farquhar Garden, Spice Garden and Armenian Street Park.

The park was originally known as Bukit Larangan, or ‘Forbidden Hill’
in Malay. The 18-hectare park now boasts a plethora of activities, ranging from historical artifacts to outdoor lawns for concerts, as well
as rich vegetation for nature lovers. Within it lies the boutique Hotel Fort Canning.

Fort Canning Park

Other National Parks

Besides Fort Caning Park, Canninghill Piers also enjoys proximity to two national gardens – the Singapore Botanic Gardens and Gardens by the Bay.

Singapore Botanic Gardens – Established in 1859, it is the oldest garden in Singapore. Covering an area of 74-hectares, it was inscribed as a UNESCO (United Nations Educational, Scientific and Cultural Organization) World Heritage Site on 4 July 2015.

Today, its mission includes providing botanical and horticultural support for the nation’s greening plans, a centre for plant taxonomic and biodiversity research, as well as a recreational and educational attraction.

One of its highlights include The National Orchid Garden. Located on its highest hill, the three hectares of carefully landscaped slopes provide a setting for over 1,000 species and 2,000 hybrids, with about 600 species and hybrids on display.

Gardens by the Bay – The Gardens by the Bay is led by a multidisciplinary team of professionals who have been involved in the greening of Singapore and had worked alongside international and local experts to develop the Gardens.

Famed for its iconic Supertrees as well as Flower Dome and Cloud Forest, it is a showpiece of horticulture and garden artistry. Beside showcasing various beautiful plants and flowers from different parts of the world, it also seeks to educate visitors on seldom seen plant species in this part of the world.

They range from species in cool, temperate climates to tropical rainforests and habitats. There are different themes and plant exhibits over the course of the year to provide a visual treat to visitors.

Singapore Botanic Gardens

Gardens By The Bay

Canninghill Piers Sits At The Fringe of The Central Business District (CBD)

The Canninghill Piers is located at the fringe of The Central Business District (CBD) where many multi-national corporations (MNCs) are found. As such, it is one of the most prestigious and sought-after areas to own a property in Singapore, especially for investment due to the large catchment of existing high-earning tenants.

In fact, it is within walking distance (less than 15 minutes) of Singapore’s financial centre, the 4th largest in the world. Alternatively, there are River Taxis that ply the whole street of the Singapore River, providing an alternative mode (and interesting) of transport.

This provides a fascinating work, live and play environment where a
wide range of amenities such as shopping centres, entertainment spots, eateries and many others are within easy reach.

Singapore’s Financial District

Four Historical Districts Near Canninghill Piers

The Canninghill Piers is situated close to four of Singapore’s Historical Districts – Boat Quay, Chinatown, Little India and Kampong Glam.

The proximity to these historically, culturally and architecturally rich areas will provide a unique living experience not found elsewhere in Singapore. These areas are characterised by predominantly two- and three-storey shophouses, ranging from the Early Shophouse Style and Transitional Shophouse Style to the Art Deco Shophouse Style.

These carefully conserved shophouses showcase their fascinating Asian heritage and culture no other structures can. Hence, they are
subjected to the strictest form of building conservation guidelines to preserve their diverse facades, rich ornamentation and distinctive
architectural styles.

Boat Quay

Boat Quay was once Singapore’s centre of commerce well into the 1960s, but the place subsequently fell into ruins as the trading businesses shifted elsewhere. In the late 1970s, the Singapore government started cleaning up the river and its sources of pollution. And in 1989, the area and its shophouses were gazetted for conservation while the river bank was developed into a pedestrian mall.

Today, it has become a major entertainment district filled with touristy bars, shops and menu-clutching touts luring the masses into their riverside restaurants. It is especially popular with working executives who frequented the place to entertain clients or chill out after a hard day’s work.

Boat Quay

Chinatown

Chinatown, situated south of the Singapore River, is the original settlement of the Chinese community in Singapore. It is just one station from either the Fort Canning or Clarke Quay MRT station.

The area’s proud heritage has remained very much on display. There are ornate Chinese, Buddhist and Hindu temples, museums and plenty of opportunities to soak in its old-world charm. Many of its shophouses with their original texture and fabric are largely intact, depicting the simple lifestyles of the early immigrant community.

The Chinatown of today is much-beloved for its blend of old and new, where traditional medicinal halls sit alongside bold new bars and trendy lifestyle shops.

 

Chinatown

Little India

Chinatown, situated south of the Singapore River, is the original settlement of the Chinese community in Singapore. It is just one station from either the Fort Canning or Clarke Quay MRT station.

The area’s proud heritage has remained very much on display. There are ornate Chinese, Buddhist and Hindu temples, museums and plenty of opportunities to soak in its old-world charm. Many of its shophouses with their original texture and fabric are largely intact, depicting the simple lifestyles of the early immigrant community.

The Chinatown of today is much-beloved for its blend of old and new, where traditional medicinal halls sit alongside bold new bars and trendy lifestyle shops.

 

Little India

Kampong Glam

Historically one of Singapore’s oldest urban quarters, the Kampong Glam of today is a fascinating blend of tradition and trendy lifestyle, while colourful street art adds to its beguilement.

It is bounded by Ophir Road, Victoria Street, Jalan Sultan and Beach Road. Traditionally, it was a Malay residential area with ethnic-based activities around Arab Street. Its unique characteristic lies in its unique streetscape and the large open spaces of the Istana Kampong Glam, a national monument.

In many of its conserved shophouses, visitors can find merchaise such as Persian carpets, traditional fabrics, colourful textiles, jewellery and handicrafts. Alongside them are funky cafes and
exotic restaurants that attract a varied crowd. These include Lebanese food to Turkish and Middle Eastern delights, as well as shisha/hookah joints.

Sultan Mosque

An Excellent Public Transportation Network

Canninghill Piers is located just next to the Fort Canning MRT station (Downtown Line). It is also a short walk to the Clark Quay MRT station (about 10 minutes). As they are closely linked to many MRT interchanges – Chinatown, Raffles Place, City Hall and Dhoby Ghaut – they will provide excellent connectivity and easy access to many parts of Singapore.

According to a study by the Department of Real Estate, School of Design and Environment at the National University of Singapore, properties within 600m of MRT stations and near interchanges will have their values boosted.

Besides MRT stations, Canninghill Piers is also close to major expressways such as Central Expressway (CTE), Marina Coastal
Expressway (MCE) and Ayer Rajah Expressway (AYE). All of them are just a short drive away.

At the same time, there are many public buses plying Clemenceau Avenue and River Valley Road. This will provide residents even more transport choices, which make car ownership less of a necessity.

With such an excellent transportation network, it will help to cut down the time spent on commuting to work, study or run errands. Hence, residents will have more time to themselves and enjoy a better quality of life.

Fort Canning MRT station

A Plethora of Shopping & Dining Options

Although Canninghill Piers will have its own shopping mall, that’s not all! At its doorstep is Clarke Quay – a popular and hip entertainment and shopping spot that offers good food and a unique shopping experience.

For example, visitors can shop at the Royal Selangor Pewter or discover funky jewellery and knick knacks from pushcarts that line the street. More shopping spots can be found in Riverside Point and Clarke Quay Central Mall nearby.

Riverside Point – It is home to some renowned brands and independent stores where visitors will find a huge collection of apparels, homeware, souvenirs and all kinds of accessories. There are also a number of eateries where visitors can grab a meal before continuing with their shopping spree.

Clarke Quay Central Mall – A tad further away along Eu Tong Sen Street, it is connected to the Clarke Quay MRT station. Boasting a 5-story retail podium, it is home to a range of gastronomical delights ranging from authentic Japanese cuisines, Chinese specialties to Western fare.

There are also an array of eclectic shops offering fashion and accessories, electronic goods, gifts and novelties, beauty parlours and many more. Clarke Quay Central also participates in the yearly Singapore River Festival held between August to September, where visitors can look forward to a host of exciting family friendly events and performances by the river.

Robertson Quay And Mohamed Sultan Road – Robertson Quay used to be one of the three largest wharfs along the Singapore River. The other two being Boat Quay and Clarke Quay.

But since the 1990s, the area has been repurposed for hotel, commercial and residential uses. Today, it has been transformed into a hip place filled with restaurants, pubs, cafes, upmarket condominiums, offices and recreational facilities. One of its distinctive landmarks is the Alkaff Bridge that has been turned into a piece of colourful art.

At night, it is a gem of an entertainment spot by the Singapore River that offers a tranquil ambience to dine or have a chill out time with friends. Unsurprisingly, it has attracted a flourishing community of expatriates and locals into the neighbourhood.

Riverside Point

Clarke Quay Central Mall

Other Popular Shopping Destinations Nearby

Other than the area around Clarke Quay, Canninghill Piers is also very close to many major shopping districts nearby. Due to its wellconnected transportation network, they can be easily reached. These include the following:

Orchard Road – Just one station away, Orchard Road is Singapore’s premier shopping district. It is home to numerous internationally renowned department stores catering to the well-heeled. Famous brands such as Louis Vuitton, Giorgio Armani, Cartier and many more can be found along the 2.2 km-long shopping belt. There are also many interesting food options, ranging from budget fare to Michelin
star restaurants.

City Hall – The City Hall MRT station is just two stops away. Situated at the heart of the Civic District is the Raffles City Shopping
Centre. Inside, visitors will find many high street names alongside a great choice of dining options, including an affordable and cheerful food court at the basement.

Marina Bay – There are a couple of shopping malls in the area, which include Marina Square, Suntec City, Millenia Walk and the Shoppes At Marina Bay Sands. Together, they provide an eco-retail system offering a one-stop destination for all your retail needs – ranging from affordable merchandise to high-end fashion.

Bugis – Three stations from Canninghill Piers, Bugis is a bustling place with modern shopping malls and gleaming skyscrapers
alongside enthralling conservation buildings that give the area its fascinating character. The current Bugis Street in now an open-air
bazaar selling an eclectic mix of merchandise under canvas roof. Beside it is the Bugis Junction and Bugis+ shopping centre that cater to a diverse crowd.

Orchard Road

City Hall

Marina Bay Shopping Malls

Bugis Street

2 World-Class Medical Hubs Near Canninghill Piers

The Canninghill Piers is situated conveniently between two world-class medical hubs. They are the SGH Campus at Outram and Health City at Novena, two and five stations away respectively.

First announced by Prime Minister Lee Hsien Loong in 2016, the development of SGH Campus will take place in phases over the next 20 years. So far, the Academia, Singapore Heart Centre and Outram Community Hospital have been completed.

Meanwhile, the Health City Novena is expected to be completed by 2030. Together, both developments will cater to Singapore’s rising healthcare needs amid an ageing population. They will include Patient Care, Research and Education, providing an environment that supports the latest models of care that are holistic, multi-disciplinary and team-based with integration across the whole spectrum of
medical care.

As Singapore is well-known for its cutting-edge medical and healthcare services, it is a popular destination for medical tourists from the region. Given Canninghill Piers central location and its proximity to these two medical hubs, they will further boost its investment
appeal.

SGH Campus

Health City Novena

Schools Near Canninghill Piers

For families with school-going children, Canninghill Piers is an ideal place to set up home due to its proximity to many schools and education institutions. These include the following:

  • River Valley Primary School
  • Alexandra Primary School
  • Zhangde Primary School
  • Anglo-Chinese School (Junior)
  • Margaret’s Primary School
  • Crescent Girls’ School
  • Gan Eng Seng Secondary
  • Outram Secondary School
  • School of the Arts (SOTA)

For older children, there are 3 tertiary institutions nearby at Bras
Basah and are two MRT stations away. They are:

  • Singapore Management University (SMU)
  • Nanyang Academy of Fine Arts (NAFA)
  • LASSALE College of the Arts

As for the National University of Singapore, it is only eight stations away at Kent Ridge.

River Valley Primary School

International Schools

There are quite a number of international schools near Canninghill Pier, which will appeal to expatriate families, especially those working in Singapore’s Downtown areas and financial district. Some of these international schools include the following:

  • Dimensions International College, River Valley Road
  • ISS International School, Preston Road
  • Avondale Grammar School, Tanglin Road
  • United World College South East Asia, Dover Road
  • Dover Court International School, Dover Road
  • Tanglin Trust, Portsdown Raod

 

Review Conclusion of Canninghill Piers

Canninghill Piers will help to revitalize the Singapore River, bringing more vibrancy and excitement to the waterfront lifestyle precinct. When completed, the integrated development at the former Liang Court site, which is adjacent to the Fort Canning MRT station, will further elevate it as a hub for business, leisure and community activities.

Future residents can look forward to a variety of lifestyle, food and beverage, and entertainment options along the Singapore River. They can also enjoy a leisure stroll or jog along the pedestrian-friendly promenades while taking in the glorious sight of sunrise and sunset.

With its prime location surrounded by a wide range of amenities, the project is expected to attract a wide spectrum of buyers when it is launched for sale. This will include local and foreign investors, and professionals who will be drawn to the excitement and convenience of city living, a vibrant nightlife and the buzz of the central business district.

It will also appeal to families due to the excellent public transportation network that provides convenient access to many popular schools and higher education institutions.

The one-stop convenience that integrated developments offer is very much prized. This can be witnessed from the strong demand in recent new launches like Midtown Modern, Woodleigh Residences and Linq At Beauty World.

Apart from convenience, integrated developments have also been witnessed to command higher sale prices and rentals over pure residential projects. This will be an especially important consideration for those looking for investment or to generate rental income from the property.

As illustrated below, for residential units in the same district, integrated developments have outperformed when it comes to rental yield.

Rental Yields

In conclusion, Canninghill Piers will offer a rare opportunity to acquire a property that presents capital appreciation potential as the Singapore River precinct is being revitalized, providing an exciting environment to live, work and play.

Review Conclusion of Canninghill Piers

Beside Canninghill Piers, you may wish to check out the following new launches:

  • Bartley Vue, a 115-unit condo development 400m from the Bartley MRT station
  • Pasir Ris 8, an integrated development beside the Pasir Ris MRT station, bus interchange and White Sands shopping mall
  • The Watergardens At Canberra, a low-rise condo development near the Canberra MRT station
  • Belgravia Ace, a freehold strata landed development in Seletar Hills Estate
  • One Bernam condo, a mixed-use development at Tanjong Pagar within the Central Business District
  • Provence Residence, an executive condo near Canberra MRT station and Canberra Plaza
  • Parc Greenwich, an executive condo at Fernvale Lane, next to the Seletar Springs Estate
  • One-North Eden, a mixed-use development in one-north, Singapore’s high-tech, research and innovation hub
  • The Reef At King’s Dock, an exclusive waterfront development at Harbourfront opposite Sentosa island
  • Midtown Modern, an integrated development to be built atop the Bugis MRT station
  • The Atelier, a freehold condo development at Newton in Singapore’s prime District 9
  •  Irwell Hill Residences, a District 9 condo near the Great World City shopping mall and Great World MRT station
  • Kopar At Newton, an exclusive condo development opposite the Newton Food Centre
  • Ki Residences At Brookvale, a 999-year development in the idyllic Sunset Way estate
  • Parc Central Residences, the first executive condominium to be launched in Tampines in eight years