Developed by the Wuthelam Group in collaboration with Daimaru Inc, Liang Court opened in January 1984 as the first major shopping mall along River Valley Road.

Under ARMF management, the mall underwent major refurbishment works in 2007, coupled with a repositioning of its image.

The space once taken up by Daimaru was reconfigured into smaller shops, and Audio House was relocated to Level 4.

Following declining business, the mall was sold to a joint venture between CapitaLand and City Developments Limited in March 2019.

In November 2019, CapitaLand and its subsidiary Ascott REIT, along with City Developments Limited announced that Liang Court will be redeveloped into a mixed-use, integrated development named CanningHill Piers,[2][3] featuring two residential towers with 700 condo units, a 2-storey retail podium named CanningHill Square, a hotel managed by Marriott International under the Moxy brand and a 192-unit Somerset serviced residence.