| Land Location | Successful Sale Price | Per SQ Per Plot Ratio | GFA |
|---|---|---|---|
| 177 River Valley Road | $699,999,999.99 / Awarded on 22 March 2019 |
$684.48 psf | 95,010 sqm |
Canninghill Piers Price
Transacted Price of Nearby Clarke Quay Properties
| Nearby Condo Around Canninghill Piers | Highest Transacted Selling Price (PSF) For Past 12 Months | Completion |
|---|---|---|
| RV ALTITUDE | $2435.32 | 2022 |
| 8 ST THOMAS | $2604.17 | 2018 |
| LLOYD SIXTYFIVE | $2848.89 | 2016 |
| THE MARTIN NO 38 | $2477.88 | 2012 |
| URBANA | $2504.88 | 2007 |
| THE PIER AT ROBERTSON | $2359.88 | 2006 |
Comparing the new condominium project with it’s nearby developments. In view of the 10 years longer lease and its brand new status, adding 15% premium for integrated projects, I would consider $2,500-2,600psf as reasonable price to invest into Canninghill Piers.
Estimate Indicative / Launch Price
| PSF$ | |
|---|---|
| A) Land Cost | $684 |
| B) Construction Cost (estimate) | $350 |
| C) Profit Margin + Other Expenses (30% x [A+B] ) | $310 |
| Estimate Launch Price (SUBJECTED TO CHANGES) (FOR EDUCATION PURPOSES, NOT FINAL SELLING PRICE) | $1,344 |
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Canninghill Piers Showflat Now Open for Viewing
Viewing by appointments only. Please call +65 6100 0910 for more information.