History of Liang Court Located at River Valley Road
Canninghill Piers which is the former Lyon Court Canninghill Piers which is the former Liang Court and join a long history and has always be a landmark in Singapore along the Singapore River and the River Valley area. Liang Court 1st open way back in 1984 and is a popular iconic shopping more and very popular among the Japanese living in Singapore given that it features many Japanese stores as well as restaurants to cater to the expats which worked dominantly Japanese during that time. In the early days, young cod features supermarket chain Daimaru, huge book chainstores including Kinokuniya as well as traditional Chinese food which are also very popular among the Japanese. Liang Court also features service apartments to cater to tourists during that time as well as a hotel component to cater to the short term tourists. Developed in the early 1980s by Wuthelam Group, spearheaded by Goh Cheng Liang, this property is at 177 River Valley Road, Singapore.
Liang Court has a long history of ownership that proves its potential and competitiveness among other properties in the area. In 1999, Pidemco acquired 58.9% of its stake, which gives them the full right of its mall and apartments, thus changing the property’s name to Somerset Holdings. After a year, Somerset Holdings and Ascott Group came into an agreement to merge. After long full ownership of those mergers, the Liang Court Mall was sold to Asian Retail Mall Fund II in 2006. Liang Court is currently co-owned by three big developers in the industry, PGIM Real Estate, City Developments (CDL), and CapitaLand.
Being located along Singapore River. Liang Court is very prominent and always feature many shoppers who would drop by into the development to the shop to there are daily needs and groceries. It is also a popular meeting point among teenagers at Liang Court is also near to other shopping centres such as Excelsior Shopping Centre, Funan Mall, Robertson Walk, and UE Shopping Mall.
Liang Court is also close to schools and learning facilities such as Nanyang Institute of Management, EF International Language Schools, River Valley Primary School, Asia Pacific International Academy. Location is very easily accessible as it is located in the mature as they of river valley where the MRT lines stop at Liang Court and there are also many buses and bus stops along River Valley Road making it easy for travellers. By Liang Court for their daily needs.
With the property’s potential dominance, the management is expected to start the first phase of Project Development in 2024. The project consists of a Hotel, Service Residences, and Commercial Complex. The venture also agreed that CDL and CapitaLand would handle the commercial and residential part of the project, while Ascott Reit will manage the 192-unit service with a hotel license.
Aside from developing the building, they will also improve the pedestrian lanes and footfall near the Singapore River for a better means of accessibility to the property.