CanningHill Piers

Liang Court with a total gross floor area (GFA)3 of 100,263 square metres (sq m) will comprise two residential towers offering around 700 apartment units, a commercial component, a hotel and a serviced residence with a hotel licence. Liang Court sits on a prime site with a coveted dual-frontage facing Singapore River and Fort Canning Hill.

Upon completion, the 50:50 CDL-CapitaLand joint venture entities will own the residential and commercial components while Ascott Reit will own the 192-unit serviced residence with a hotel licence. CDL will own the hotel, which will have about 460 to 475 rooms4, under a forward purchase agreement with CDL5. The hotel will be operated under the Moxy brand by Marriott International while the serviced residence will retain its Somerset branding. The proposed integrated development is targeted to open in phases from 2024.

Canninghill Piers Factsheet

Project Name	CANNINGHILL PIERS 康宁河湾
Developer	Legend Quay Pte. Ltd. CapitaLand Ltd & City Developments Ltd on a 50:50 basis
District	6 / Singapore River Planning Area
Land Area	12,925.4 sqm / 139,128 sqft
Residential Height	•48-storey residential tower (180-metres) • 24-storey residential tower (100-metres)/td>
Address	Former Liang Court / 1 & 5 Clarke Quay
Number of units	696
Description	• 1 x 48-Storey /180 m Residential Tower (1 Clarke Quay) • 1 x 24-Storey / 100 m Residential Tower (5 Clarke Quay) • Clubhouse, Swimming Pool & Communal Facilities located at Levels 3, 24 and 45 • Other Integrated Components : 2 Storey Commercial Podium (includes retail shops, F&B, commercial space and supermarket) managed by CapitaLand 20-Storey Somerset Serviced Residence managed by Ascott Ltd 21-Storey Moxy Hotel operated by Marriott International
Tenure	99-year leasehold commencing from 3 Sept 2021
Plot Ratio	8.13
Total number of storeys	1 block 48-storeys and 1 block 24-storeys
Target Completion Date	2025 (as per 19 Aug 2021 press release)
Expected Date of Vacant Possession (Residential)	31 December 2026
Expected Date of Legal Completion (Residential)	31 December 2029
Carpark Lots	• 373 Resi Lots @ B3 & B4 (includes 4 accessible lots & 2 EV lots) • 97 Commercial Lots @ B2 (includes 3 accessible lots, 2 family lots and 1 EV/accessible lot) Season Parking
Design Architect	Bjarke Ingels Group (BIG)
Project architect	DP Architects Pte Ltd
Landscape Consultant	Ramboll Studio Dreiseitl
Project interior designer	Asylum Creative Pte Ltd
Main Contractor	China Construction (South Pacific) Development Co. Pte. Ltd.

CanningHill Piers Unit Mix

• Comprises 75% of small units (1-Bedroom to 2 Bedroom + Study) and 25% of large units (3-Bedroom to Super Penthouse)

Retail Mix

*Estimated Total Retail GFA of 10,769 sq m and Retail Mix is subject to change