The new EC at Yishun Ave 9 can be compared to nearby District 9 developments UE Square, River Place, Pier At Robertson and Martin Modern.
UE Square is located right beside Canninghill Piers, making it the best comparison in terms of profitable transactions.
Should you choose to purchase a unit at Canninghill Piers, then sell it when its price appreciates, you can stand to make a 6-figure profit just like many UE Square unit owners (as seen from the table and graph above).
Another project in the area, Pier At Robertson, has also appreciated significantly in price over the years. Early buyers who chose to sell have enjoyed 6-figure profits too.
In fact, with many developments in District 9 set to be realized within the next few years, Canninghill Piers has the potential to net even more profits for early buyers.
If you plan to invest in Canninghill Piers for rental purposes, let’s look at some rental data from UE Square, Pier At Robertson and River Place.
District 9’s strategic location, close to town and CBD, makes it a highly-prized temporary home among foreign professionals.
These elite group of tenants are willing to pay high rental fees, in exchange for convenience and quality of life.
For UE Square, River Place and Pier At Robertson, many unit owners chose to rent and make passive income as a form of investment.
Canninghill Piers is likely to enjoy the same, or even higher, rental demand from elite tenants. This is because newer projects are deemed to be more desirable.
Last but not least, let’s compare Canninghill Piers with a more recent project: Martin Modern.
Martin Modern is set to TOP in end-2021.
Even so, some early buyers have already decided to cash in for fast profits, as its value has increased since launch.
The 2 most recent transactions at this point of writing, have netted close to $700,000+ in profit each.
This proves that the value of District 9 properties is appreciating at a rapid pace. This growth is set to surge even more in the coming years, making Canninghill Piers owners a key beneficiary of this uptrend.