Dear readers, Canninghill Piers continues to stand out as a premier residential development in Singapore’s vibrant real estate landscape. This high-end condominium, situated in District 6, offers a luxurious living experience with its modern design, excellent amenities, and strategic location.
Spanning a 99-year leasehold, Canninghill Piers appeals to both investors and homeowners seeking a blend of comfort, convenience, and prestige. As we analyze the recent transaction data from May 2025, it provides valuable insights into the current market trends and pricing dynamics at this sought-after address.
During May 2025, several units within Canninghill Piers changed hands, showcasing a diverse range of unit sizes and corresponding prices. On 11 May 2025, a compact 484-square-foot condominium unit was sold at a price of $1.456 million. This transaction reflects a per-square-foot price of approximately $3,008. Such a price point indicates strong demand for smaller, more affordable units within the development, appealing to young professionals or investors looking for entry-level luxury properties.
The following day, on 12 May 2025, a slightly larger unit measuring 506 square feet was sold at $1.53 million. The sale price translates to about $3,023 per square foot, slightly higher than the previous transaction. The marginal increase in per-square-foot price suggests a consistent market valuation for units of this size within Canninghill Piers. It also signifies sustained investor confidence and a steady demand for compact, high-quality residences in this prime location.
In contrast, a significantly larger unit was sold earlier in the month, on 1 May 2025. This 1,959-square-foot condominium was purchased at $5.698 million, resulting in a price of approximately $2,909 per square foot. The notable difference in per-square-foot price compared to the smaller units illustrates the typical market trend where larger units tend to have a lower price per square foot. This pricing pattern is common in high-end developments, as larger spaces offer more room and luxury but often at a slightly discounted rate per square foot due to economies of scale and buyer preferences for spacious living.
These transactions collectively paint a comprehensive picture of the current market conditions at Canninghill Piers. The prices demonstrate a healthy range, with smaller units maintaining a premium per square foot indicative of their desirability among singles, couples, or investors seeking high rental yields. Meanwhile, larger units, though more expensive in absolute terms, reflect the premium for spacious living, attracting families or high-net-worth individuals seeking a luxurious lifestyle.
Furthermore, the stable pricing and consistent demand across different unit sizes highlight the development’s strong value proposition. Located conveniently near the Singapore River and within close proximity to the Central Business District, Canninghill Piers offers unparalleled accessibility and lifestyle features. Its integration with nearby cultural, recreational, and commercial hubs adds to its allure, ensuring sustained interest from buyers.
The recent sales figures also suggest that the property market in this area remains resilient despite broader economic fluctuations. The willingness of buyers to transact at these levels indicates confidence in the long-term appreciation potential of Canninghill Piers and the District 6 locale. Investors are particularly attracted to the development’s potential for rental income, given its prime location and high-end amenities.
In conclusion, the May 2025 sales data for Canninghill Piers underscores its position as a desirable and prestigious address in Singapore. The varied unit prices reflect diverse investor and homeowner preferences, while the steady demand showcases the development’s enduring appeal. Whether purchasing a compact unit or a sprawling residence, buyers recognize the value and exclusivity that Canninghill Piers offers. As the Singapore property market continues to evolve, developments like Canninghill Piers are poised to remain strong contenders in the high-end segment, promising future growth and a distinguished lifestyle for its residents.