Chinese national buys 20 units at CanningHill Piers for over $85 mil

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Just casually sweeping up luxury units 😳

The 696-unit CanningHill Piers comprises a 24-storey and 48-storey tower linked by a sky bridge

SINGAPORE - Word on the street is that a Chinese buyer recently purchased 20 units in a bulk deal at luxury condo . The total purchase price is believed to be over $85 million for the units. The deal was brokered by agents from ERA Realty Network.The units are across various floors ranging from the sixth to 23rd floors, and they are predominantly three- and four-bedroom units in several stacks. Six of the units are three-bedroom units of 1,259 sq ft, while another five units are three-bedroom units of 1,130 sq ft. The remaining units are large four-bedroom units of 1,959 sq ft.

When CanningHill Piers was launched last November, a total of 538 units were taken up over one weekend, with total sales value of $1.18 billion. Average price of units sold was around $3,000 psf. Even the sole penthouse of 8,955 sq ft on the 48th floor was sold, for $48 million .

 

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