CanningHill Piers 696-unit is linked by a sky bridge with a 24-storey and 48-storey tower

The word on the street is that there was a Chinese buyer has recently purchased 20 units as part of a large purchase at the luxury condominium CanningHill Piers. The price of the purchase is estimated to be more than 85 million dollars for these apartments. The deal was negotiated through agents of ERA Realty Network.

The Reserve Residences showflat location indicates The Jalan Anak Bukit condominium which is a mixed-use property which is expected to benefit from the creation of vibrant residential and commercial areas.

The units are located on various floors that range from the sixth through the 23rd floors. They mostly comprise three and four-bedroom units within various stacks. The units comprise six three bedroom ones that measure 1,259 square feet in addition, five are all three bedroom ones of 1,130 sq feet. The rest are four-bedroom apartments of 1,959 sq feet.

All oneand two bedroom apartments at CanningHill Piers are said to be sold. The recent bulk purchase has brought the number of units sold in CanningHill Piers up to 639 units. The condominium project is nearly the 92% sold. The project was announced last November.

The site is located in Clarke Quay and located on to the Singapore River, CanningHill Piers is a joint project by City Developments and CapitaLand Development. The development comprises two 48-storey towers and a 24-storey residential tower that is connected via an elevated bridge.

A redevelopment of the old Liang Court, CanningHill Piers is part of an integrated development which includes CanningHill Square, with F&B and retail stores; the hotel that has 475 rooms owned operated by Moxy in conjunction with Marriott International; and 192 serviced apartments that fall under the Somerset brand of Ascott, the serviced-apartment part of CapitaLand.

In the time that CanningHill Piers was launched last November, 538 pieces (77%) were taken during one weekend with a total value of $1.18 billion. The median price of the units sold was approximately $3000 per square foot. The penthouse with the sole penthouse, which was 8,955 square feet located at the top of 48th was bought at $48 million ($5,583 per square foot).