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Last Updated: 19th June 2024

CanningHill Piers e-Brochure available in PDF.
Listed here are four reasoned explanations why today is a wonderful time to invest in Singapore’s CCR place:
1. OUTSTANDING LOCATION AND INFRASTRUCTURE
As it pertains to real estate investing, location is everything. For their proper place, excellent connectivity, and easy usage of amenities, qualities in the CCR place are extremely priced. That region’s houses are conveniently positioned near great schools, shopping centers, eateries, major areas, and different amenities. Residing listed here is less tense than in other areas because every thing is a small walk away.
2. EXTREME CAPITAL APPRECIATION
Every investor dreams to choose industry that’s a higher rate of money appreciation. Home in the CCR place appreciates in value around time. You can be certain that you will have the ability to market the house at a higher cost as time goes on, resulting in fascinating capital gains.
In accordance with URA information on the CCR, 729 residential products were distributed in the initial quarter of 2017, 1,171 items in the second fraction, and 1,470 units in the third quarter. There’s been an increase in home revenue consequently of the sales.
Based on a 2018 industry record, house sales have previously exceeded $5 million because 2014. The large income are due to the high demand for properties in CCR from both people and foreigners. If the existing development remains, you are able to expect significant capital appreciation from your investment.
3. EXCELLENT RENTAL INCOME
CCR properties are the smallest amount of influenced as hire income in other regions falls. Due to the powerful resistance to oversupply, CCR houses earn a great hire money due to large need and a reduced private residential vacancy rate.
The vacancy rate for residential homes was 6.8 per cent in the third quarter of 2018. Area of the decrease in vacancy may be caused by the reduced total of foreign employee quotas, that has resulted in a reduction in how many possible tenants. Nevertheless, oversupply is the principal reason behind vacancy.
Rental money from qualities in other regions is irregular as a result of oversupply. CCR, on one other give, has a more stable rental money with a small decrease. According to the URA, rental money in that region dropped by only 3.8 % in 2018, as the RCR and OCR found a substantial drop of 5 to 5.6 percent.
CCR attributes are less prone to oversupply. Inspite of the introduction of numerous qualities, the attributes are in large need because of their excellent location. Primarily, the introduction around ten new condos in Sembawang or Sengkang may have number effect on the need for home released in Water Valley.
4. RESTRICTIONS ON LAND SUPPLY
Irrespective of large need, Singapore’s land offer is limited. A property in Singapore’s CCR won’t be around for extended, therefore if you want to possess a property here, you should behave quickly when the opportunity arises. Due to the scarcity of available qualities, you are able to anticipate an amount raise for your house and, consequently, large capital gets in the future.
CCR is, in the long run, the very best place to purchase Singapore. Purchasing a home in this region is more akin to buying stock in a well-known company. Property values of this type are far more secure, with guaranteed in full results on investment. While attributes in OCR and RCR are desirable because of their minimal rates, they also have large vacancy prices and low capital appreciation. The CCR shields your expense as a landlord or homeowner.

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Welcome to CanningHill Piers !
Good day! Welcome to
🛍CANNINGHILL PIERS🛍

Showflat Last day - 8 Oct 2023 (Sun)

📣📣📣
One & Only Brand New Integrated Development by the Singapore River with Direct Access to the MRT

🔥 Over 97 % SOLD!! 🔥
💎 Final 16 UNITS❗️💎

▪️ 1 Bedroom (409sf - 463sf)
SOLD OUT!
▪️ 1+Study (474sf - 560 sf)
Last 5 units from $1.712M
▪️ 2+Ensuite Study / 2 Bedroom (732sf - 883sf)
SOLD OUT!
▪️ 2+Study
SOLD OUT!
▪️ 3-Bedroom (893sf - 1,259sf)
SOLD OUT!
▪️ 3-Bedroom Premium (1,313sf)
SOLD OUT!
▪️ 4 Bedroom Premium (1,755sf - 1,959sf)
Last unit $5.544M
▪️ 5-Bedroom Premium (2,788sf)
Last 8 units from $8.904M

▪️ Sky Suite (2,874sf & 3,972sf)
- $12.8M - $13.0M
▪️ Super Penthouse (8,956sf)
SOLD!

Estimated Completion in 2025


🏆Prestige | Integrated | CDL & CapitaLand🏆

🔺2-storey commercial podium managed by CapitaMall
🔺21-storey Moxy Hotel (operated by Marriott International)
🔺20-storey Serviced Residence (managed by The Ascott Limited)
🔺48 / 24-storey Residential Towers of 696 units
🔺 Designed by internationally acclaimed Danish architecture firm - Bjarke Ingels Group (BIG)
🔺 Reputable developer
🔺 Strategic Excellent Location
🔺 Direct Access to Fort Canning MRT + Walk to Clarke Quay NEL
🔺 Breathtaking Singapore River View / Park View
🔺 6km green connection linking to Botanic Gardens
🔺 Direct access to Fort Canning Park
🔺 Seamlessly connected to Clarke Quay



*Pricing and availability subject to change anytime without prior notice.

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