Yahoo Finance CanningHill Piers sweeps the board with five-star wins
CanningHill Piers is an integrated development comprising luxury residences, a hotel, a serviced residence and retail units. It is jointly developed by CDL and CapitaLand. (Picture: CDL & CapitaLand)
EDGEPROP (SINGAPORE) - The landmark integrated project CanningHill Piers swept the board at the sixth EdgeProp Excellence Awards (EPEA 2022) on Oct 21. Jointly developed by CapitaLand and City Developments Ltd (CDL), this iconic development emerged as the winner in five different award categories.
Read also: Beyond profitability, crafting value is the next measure of success for UOL and Kheng Leong
The artful balance between the private residential spaces and public spaces impressed the judges, who awarded this project with the Design Excellence and Innovation Excellence Awards.
The transformative placemaking effect of the project also resonated strongly with buyers and investors, propelling the development to take home the Marketing Excellence and People’s Choice Awards.
To cap it all, CanningHill Piers clinched the coveted Top Development Award.
Adeline Ong, senior vice president, head of sales & marketing, City Developments (left), and Lisa Lam, head of marketing & sales, CapitaLand Development, receiving the Top Development award for CanningHill Piers from Ke Yam Cheong, general manager, Mitsubishi Electric Asia. (Picture: Albert Chua/The Edge Singapore)
Iconic placemaking in Clarke Quay
CanningHill Piers is an upcoming integrated development in Singapore’s vibrant Clark Quay enclave in District 6. The site is unique as it is the only dual-frontage, mixed-use development in Singapore to face the historic Singapore River and green-hilltop Fort Canning Park.
The entire development comprises four strikingly designed towers and a three-storey commercial podium. The 21-storey Moxy Hotel operated by Marriott International, and the 20-storey Somerset Serviced Residence managed by Ascott, each occupy one tower.
The 696-unit luxury residences span two towers that are connected by a sky bridge on the 24th floor. The 48-storey, riverside-facing tower is the tallest tower in the development, while the 24-storey residential tower overlooks the hilly green of Fort Canning Park.
The architecture and design of CanningHill Piers was undertaken by world-renowned architectural firm BIG-Bjarke Ingels Group, and the project architect was DP Architects.
The sky bridge on the 24th floor connects the two residential towers. It features an infinity pool and wellness facilities. (Picture: CDL & CapitaLand)
An important design consideration that the developers and architects wanted to achieve was the right balance between private residential spaces and public spaces.
In addition to the public retail component, CanningHill Piers hosts a diverse range of civic spaces and a public riverfront promenade. In addition, the development will be connected via an underground link to the nearby Fort Canning MRT Station on the Downtown Line. It is also close to the Clarke Quay MRT Station on the North-East Line.
“CanningHill Piers has been designed by placing community first, with a porous and multi-layered public realm at its heart,” says Brian Yang, partner of BIG-Bjarke Ingels Group and lead design architect of CanningHill Piers.
Sculptural and functional
When it is completed in phases from 2025 onwards, the exterior of the four towers will be draped in a lattice façade like a geometric framework that artistically and visually unifies the various components of the entire project.
The open-air podium will also accommodate a multi-layered public space with retail businesses surrounding the central atrium and floor-to-sky air wells. This podium also facilitates shaded pedestrian connectivity between the rest of the city areas and the nearby Fort Canning Park.
The open-air commercial podium will accommodate a multi-layered public space with retail outlets around the central atrium. (Picture: CDL & CapitaLand)
According to the architect, the exterior lattice creates a sculptural effect and works in favour of the functional requirement of the buildings. For example, the spatial layout of the residential units is highly efficient.
In addition, the lattice form enables large windows, enhancing the daylight and natural ventilation throughout each unit. A central open air well in each tower also provides natural ventilation to each lift lobby and residential corridors.
Luxury units and interiors
The unit mix comprises a wide variety of one- to five-bedroom units that range from 409 to 2,788 sq ft, Sky Suites that measure from 2,874 to 3,972 sq ft, and a single penthouse unit that is 8,956 sq ft.
Natural materials and a neutral colour palette are the key design components of the interior spaces. This gives each unit a soft, calming effect and a sense of restfulness.
The importance of flexible spaces in home interior design is also showcased through the use of loose movable furniture and fewer built-in pieces.
Natural materials and a neutral colour palette are key design features of the interior spaces, as seen in this four-bedroom showflat unit. (Picture: Samuel Isaac Chua/The Edge Singapore)
For example, the kitchen cabinet system of the one-bedroom plus study units and the three-bedroom premium units comes with concealed drawers, with a pull-out and extendable table maximising the kitchen counter space.
Elsewhere in the residential units, kitchen appliances are from top-end European brands Miele and De Dietrich. Sanitaryware and bathroom fittings from premium brands Gessi and Laufen elevate the bathrooms of each unit.
According to URA caveats, the penthouse was sold for $48 million ($5,360 psf) during the initial sales launch on Nov 21 last year. The two largest Sky Suites, both 3,972 sq ft, were sold recently — one fetched $17.6 million ($4,419 sq ft) on June 17, and the other was purchased for $17.4 million ($4,376 psf) on July 7.
Attracting the right crowd
It took the combined synergy of CapitaLand and CDL, both established developers with a successful track record in integrated developments, to position CanningHill Piers as a new landmark development in the Clarke Quay area.
When the project was first previewed in November 2021, it was positioned as a transformative mixed-use development housing an attractive mix of F&B, retail, hotel, serviced residence and private housing.
The new retail and F&B options at the commercial podium bring added convenience to the residents of CanningHill Piers. (Picture: CDL & CapitaLand)
According to the developers, they are focusing on local and foreign buyers who are on the hunt for a luxury home that is centrally located and could see the high potential yield from a high-quality home in that prime district.
The sales team banks on the project’s strategic location along the Singapore River and next to Clarke Quay, an established lifestyle zone with bars, clubs and restaurants. The team also highlights the development’s proximity to the CBD, the financial centre at Raffles Place, as well as the cultural Civic District.
The project appeals to a wealthy group of young professionals, managers and executives who appreciate the “live-work-play” lifestyle inherent in a downtown development such as CanningHill Piers. This includes singles and couples.
The sales pitch also focuses on the sense of exclusivity, wellness, and a future-ready home that residents of CanningHill Piers will enjoy. Some of these highlights include specially curated recreational facilities, premium interiors, smart home features, and premium concierge services for residents.
The Sky Club on the top 45th floor is an exclusive social space with views of the CBD skyline. (Picture: CDL & CapitaLand)
For the luxury residences, dedicated facilities are spread cross three floors. An open-air garden on the third floor features landscaping and fitness facilities such as a jogging track and bouldering wall.
On the 24th floor, the sky bridge that connects the two residential towers features the Canning Hill Club, an infinity lap pool, as well as a shared co-working space where the residential services reception is located. Finally, the top 45th floor features the Sky Club and two resident lounges.
A prized development
The culmination of the architectural direction, innovative design approach and consumer-minded design has helped to position CanningHill Piers as an up-and-coming landmark development in the Clarke Quay area.
Beyond its immediate placemaking effect, the development is introducing attractive city-living to a new generation of home buyers who are keen to embrace the work-live-play lifestyle.
From left: Lisa Lam, head of marketing & sales, CapitaLand Development, and Adeline Ong, SVP, head of sales & marketing, City Developments, receiving the Design Excellence, Innovation Excellence, Marketing Excellence awards for CanningHill Piers from Angela Lim of SuMisura. CanningHill Piers won the People’s Choice Award too. (Picture: Albert Chua/The Edge Singapore)
It is unsurprising that the project performed exceptionally well during its initial sales launch in November 2021, selling about 82% of the total number of units. According to developer sales data, the project is about 95% sold as of end-August this year.
It is no wonder that CanningHill Piers garnered the highest number of public votes to win the People’s Choice award, as well as impressed the judges to clinch the Top Development Award this year.
Check out the latest listings near CanningHill Piers, Fort Canning MRT Station, Clarke Quay MRT Station
See Also:
Singapore Property for Sale & Rent, Latest Property News, Advanced Analytics Tools
New Launch Condo & Landed Property in Singapore (COMPLETE list & updates)
En Bloc Calculator, Find Out If Your Condo Will Be The Next en-bloc
