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10th November 2018
The final penthouse at the Dollar Bay tower block in South Dock, Canary Wharf, went on sale this week, a four-storey, 3,000 sq ft home with décor by interior designer Daniel Hopwood. The master bedroom features a floating bed, with two further guest suites, and a winter garden on multiple floors for panoramic views of the capital. The Mount Anvil-developed property is available for £3.5m.
The Daily Telegraph (09/11/2017)
10th November 2017
New research has estimated that London’s house price development over the next three years will remain on the upside. Hackney is expected to lead price growth at more than 5% in the years to 2020, while Richmond will experience the lowest growth (1.5%), a report from KPMG predicts. "Our projections see a continued cooling in the short term, followed by a gradual rebound in the medium term, which will allow the cumulative price growth to remain positive overall,” KPMG said. The findings also suggest that with up to 20% of people living in some boroughs hailing from the EU, Brexit could lead to a short-term dip in house prices in areas such as Kensington and Chelsea.
City AM (03/11/2017) The Times (03/11/2017)
10th November 2017
House prices across the UK are rising strongly and will continue to do so in the months ahead, according to Halifax, which said prices rose 4.5% in the year to October, up from 4% in September and the fastest rise since February. Month-on-month, homes were 0.3% more expensive in October. The bank said that last week's rise in base rates, which will affect more than 4m people on variable rate mortgages, was unlikely to dampen the market, and put the average price of a UK house to a new record high of £225,826.
The Daily Telegraph (07/11/2017)
3rd November 2017
The Isle of Dogs Planning Forum has submitted a Neighbourhood Plan to Tower Hamlets Council, for a public referendum next summer that could make it a legal requirement for new residential developments to guarantee improvements to utilities such as gas, electricity and water mains, sewers and services like schools, medical and transport.. The riverside area around Canary Wharf, stretching out into the Royal Docks, Canada Water and the Greenwich Peninsula, is fast becoming one of Europe’s most densely-packed urban population areas. The Forum has stressed it is not against developments, but wants to ensure that infrastructure is developed to keep up with the population increases, anticipated to hit 100,000 by 2027.
East London Advertiser (31/10/2017)
3rd November 2017
The South China Morning Post visits One Park Drive, a new 58-storey residential tower in Canary Wharf designed by leading architecture firm Herzog & de Meuron. Residents enjoy exclusive access to amenities including a health club with a 20-metre pool, fully equipped gym, steam room and sauna, a private screening room and concierge services. Jacques Herzog, co-founder of Herzog & de Meuron, said: “One Park Drive has three distinct zones offering different types of accommodation that are clearly expressed, offering a sense of individuality in a larger development.”
South China Morning Post (31/10/17)
3rd NOvember 2017
The new Elizabeth line - also known as Crossrail - is set to transform London’s property scene when it opens in December 2018, writes the Standard's Emily Wright, who focuses on opportunities in Abbey Wood and Woolwich. Average property prices in the two areas now hover at about £360,000 and £400,000 respectively following average increases of 71% and 57% between 2009 and 2017. Abbey Wood’s new station building, which will serve the Elizabeth Line in London and the south east, opened last week.
Evening Standard (03/11/17)