CanningHill Piers

2022 - 6 - 2

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Image courtesy of "EdgeProp.sg"

Chinese national buys 20 units at CanningHill Piers for over $85 mil (EdgeProp.sg)

Bulk purchase of 20 units at CanningHill Piers by Chinese buyer brings total sales in the project at Clarke Quay to 92%

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Chinese national buys 20 units at CanningHill Piers for around $85m (The Straits Times)

The deal was brokered by ERA Realty Network, which declined to comment on the deal, according to Lianhe Zaobao. . Read more at straitstimes.com.

The condominium fetched $48 million during its launch weekend in November 2021, with homebuyers snapping up a total of 538 units - or 77 per cent - out of the 696 units at an average selling price of around $3,000 per square foot. The money used to pay for the units was transferred from Indonesia into Singapore, according to industry sources familiar with the deal, Zaobao reported. The 20 units that were bought a few days ago include 10 3-room flats priced between $3.1 million and $3.3 million, and 10 4-room units priced between $5.3 million and $5.6 million.

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Image courtesy of "The Business Times"

Chinese national buys 20 units at CanningHill Piers for around S$85 ... (The Business Times)

A CHINESE national is said to have bought 20 units at CanningHill Piers, a condominium along the Singapore River, for more than S$85 million, Lianhe Zaobao ...

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Image courtesy of "Mothership.sg"

Chinese national buys 20 units at CanningHill Piers condo, formerly ... (Mothership.sg)

A buyer from China reportedly bought 20 units at the luxury condominium CanningHill Piers, formerly Liang Court, EdgeProp reported. The predominantly three and ...

The remaining nine units are large four-bedroom units of 1,959 sq ft. Six of the units are three-bedroom units of 1,259 sq ft. Another five units are three-bedroom units of 1,130 sq ft.

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Image courtesy of "AsiaOne"

Chinese national snaps up 20 units at CanningHill Piers for $85m ... (AsiaOne)

A Chinese national is said to have bought 20 units at CanningHill Piers, a condominium along the Singapore River, for more than $85 million, Lianhe Zaobao ...

Including the 20 units bought by the Chinese national, 639 units would have been sold in total, making up 92 per cent of the total number of units, Zaobao said. The buyer, who is from Fujian, China, is also said to be considering 10 more units, which would bring the total transaction to more than S$100 million, according to Zaobao. A Chinese national is said to have bought 20 units at CanningHill Piers, a condominium along the Singapore River, for more than $85 million, Lianhe Zaobao reported on Thursday (Jun 2).

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Image courtesy of "Must Share News"

Chinese National Buys 20 Condo Units Along S'pore River ... (Must Share News)

A Chinese national reportedly snapped up 20 condo units at Canninghill Piers, a development located along the Singapore River.

In interviews with Lianhe Zaoabo, experts shared that the easing of Covid-19 measures in Singapore has attracted foreign buyers to purchase properties here. At the time of writing, 92% of all the units have been sold, after factoring in the 20 units the Chinese buyer purchased. This will bring his total expenditure to more than S$100 million. For most of us, amenities and accessibility are key considerations when buying a property. Recently, a Chinese national reportedly bought not one, but 20 units at a condominium overlooking the Singapore River. The buyer, however, has plans to purchase another 10 units at the condominium.

Post cover
Image courtesy of "Must Share News"

Chinese National Buys 20 Condo Units Along S'pore River ... (Must Share News)

A Chinese national reportedly snapped up 20 condo units at Canninghill Piers, a development located along the Singapore River.

In interviews with Lianhe Zaoabo, experts shared that the easing of Covid-19 measures in Singapore has attracted foreign buyers to purchase properties here. At the time of writing, 92% of all the units have been sold, after factoring in the 20 units the Chinese buyer purchased. This will bring his total expenditure to more than S$100 million. For most of us, amenities and accessibility are key considerations when buying a property. Recently, a Chinese national reportedly bought not one, but 20 units at a condominium overlooking the Singapore River. The buyer, however, has plans to purchase another 10 units at the condominium.

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