Ballymore and Oxley collaboratively launch Riverscape, an exciting new neighborhood in the heart of the Royal Docks, positioned to benefit from the area&rsquo;s rapid redevelopment.With over &pound;8bn investment over the next 20 years, The Royal Docks is embarking on a brand-new stage offering a wide range of way to live and develop in London. It is not only an opportunity for local domestic market&cedil; but also a valuable opportunity for global investors to capture the exciting new chapter of this London&rsquo;s only Enterprise Zone.Diverse commercial districtAs The Royal Docks is one of the only 48 London&rsquo;s Enterprise Zone&nbsp;in the country, large scale of plan including 35,000 jobs and 4,000 homes are forecast within the zone while 60,000 jobs and 25,500 homes in the wider areaThe Royal Docks Enterprise Zone, which is overseen by the&nbsp;London Economic Action Partnership (LEAP), covers 125 hectares with strategically important land owned by the Mayor of London. Tax breaks and other business incentives provided by the government which make the Royal Docks stands unique. Royal Albert Dock, which targets to become a trade hub for Asian businesses investing in the UK is also another driving force to attract global companies enter the zone and expand their business.Infrastructure improvementsApart from West Silvertown DLR is just a mere 2 minutes&rsquo; walk away from Riverscape, Crossrail station (Custom House, due to open in 2022) and the Silvertown Tunnel connecting the Royal Docks to Greenwich Peninsula (set to complete in 2025) will be the remarkable infrastructure advancement&nbsp;upgrading the site linking. The new Royal Wharf Pier which is already in operation with fast access to the city via Uber Boat by Thames Clippers, and the expansion of London City Airport make residents travel by road, rail or river is effortless in Riverscape.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1632110406/olmwebcontents/ip/prod/on9m2xgnni0kixfmp0fa.jpg" />Strong rental growth forecastSupport by the key transport and infrastructure improvements, JLL forecasts there will be great potential on both the price and rental growth in the Royal Docks. The Royal Docks already benefits from excellent connectivity through its existing infrastructure, and this is set to make further progress through significant investment in the coming years. Rental growth is forecast to be strong in 2022 and 2023 once Crossrail opens and as more high quality, new build rental stock becomes available. An average of 3.2% rental growth per annum totaling 17.1% compound growth between 2022 and 2026 is in foresee future. This forecast represents an outperformance vs London (12%) and the UK (10%) over the next five years showing the sharp competitiveness of the Royal DocksThriving new riverside communityThe Covid-19 pandemic have re-emphasized people&rsquo;s desire for vibrant, social, and attractive communities in which to live, their living priorities therefore changed. The Royal Docks is not just a commercial zone with excellent connectivity to the city centre, workplaces, and the world beyond, it is also a well-planned community offering different amenities such as gardens, outdoor markets, shops, cafes and restaurants. Accessible green places including River Thames and Lyle Park help people to strike the balance between work and life. Having a combination of these features locally has been proven to enhance the community bonding since Royal Wharf estate has established community spirit with its 10,000 residents. An independent nursery and outstanding primary school suit the needs of family with children too.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1632110462/olmwebcontents/ip/prod/dnqvpnnrv8n9hduzraa3.jpg" />Riverscape will comprise ten residential blocks and 769 homes. First completions are scheduled for Q3 2023, with prices starting from &pound;399,950 for a one-bedroom apartment.&nbsp;For more information about Riverscape and other residential properties in Cambridge and the UK, please contact JLL Investments Limited at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

Riverscape, Thames riverfront development: Strong rental growth forecast of the Royal Docks new chapter

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New riverfront development in the heart of the Royal DocksOn 25th&nbsp;September, Ballymore and Oxley has appointed JLL to launch&nbsp;Riverscape, London&rsquo;s stunning new Thames riverfront development for sale in Hong Kong. Riverscape is set to be one of London&rsquo;s greenest and best-connected riverside developments, perfectly located on the River Thames, between the 40 acre Royal Wharf estate and Lyle Park. Minutes from two Docklands Light Rail stations and a short walk to Crossrail, Riverscape has been designed with a forward-thinking &lsquo;new age of living&rsquo; in mind; panoramic waterfront views and lush green open spaces combine to create a real sense of calm.Capitalising on the Royal Docks regeneration storyThe official launch of Riverscape offers the best opportunity for investors to become part of the Royal Docks success story. Once the world&rsquo;s largest enclosed dockland, Royal Docks has already established itself as London&rsquo;s most ambitious regeneration area and its only Enterprise Zone.A further &pound;8 billion is set to be invested in the area, delivering 25,000 new homes and 60,000 jobs over the coming years. At the end of this year, the nearby Crystal building will become home to the Mayor of London and the Greater London Authority, inevitably attracting further investment and business to the area. The ExCel global conference centre is set to expand by 12,000 sq. m., while the Elizabeth Line (Crossrail) is expected to open at Custom House, and &pound;500m is being invested in neighbouring London City Airport to strengthen Royal Docks&rsquo; direct links to the city and expanding global flight routes.Waterfront LivingThe south-facing waterfront position of the development allows for uninterrupted views across the Thames, green parkland and the iconic Canary Wharf skyline.&nbsp; The wide riverside promenades link the development to the Royal Wharf Estate and beyond, while the Royal Wharf Pier, which opened in 2019, will enable residents to catch the Uber Boat by Thames Clippers from their doorstep, allowing the river to become an integral part of their lifestyle.<img alt="" height="838" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1631599537/olmwebcontents/ip/prod/iqvyuvhpc1mykpvmjpfd.jpg" width="1375" />Green Open SpacesNot only does Riverscape enjoy unrivalled access to two of London&rsquo;s riverside parks, but lush green open spaces designed by Huw Morgan, will be at the very core of the development, with over 5,500 m2 of beautiful courtyards and walkways of green pines and ornamental Japanese and American maples. 24 acres of parkland &lsquo;book-end&rsquo; the development, with the historic Lyle Park at one end, and Thames Barrier Park at the other, allowing residents to enjoy getting &lsquo;back-to-nature'.<img alt="" height="773" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1631599714/olmwebcontents/ip/prod/zndglmeotwjt3hgautws.jpg" width="1375" />Quality of designThe buildings, designed by Glenn Howells Architects, will set a new architectural standard for sophisticated urban living, giving Riverscape its own distinct identity.&nbsp; Apartment have enviably large picture windows, which will perfectly frame the breath-taking river views. Flexible day rooms provide additional living space to create a home office, playroom, art studio or dining area with stunning natural light, an inner- sanctuary within the apartment.The interiors, designed by Amos &amp; Amos, have been inspired by the surrounding riverscape and parkland. Through the use of materials like bronze mirror, fluted glass, and weathered wood, the apartments have been designed to connect the living spaces with the nature surrounding Riverscape. The lobby has the same textured worn stone herringbone floor that is used for the park side pedestrian paths, and Amos has used ceramic zig zag styled tiles on the walls to play with the reflection of light.<img alt="" height="798" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1631600073/olmwebcontents/ip/prod/veqmqpzhvtmfhnhw42ed.jpg" width="1379" />Flexible, &lsquo;new-age&rsquo; livingThe contemporary lifestyle offering at Riverscape has been designed to meet modern-day requirements, with access to a 24-hour concierge service, dedicated estate management team and a bespoke App, with &lsquo;lifestyle management&rsquo; at the touch of a button.&nbsp;From the moment residents arrive, they will enjoy show-stopping lobbies with real wow factor, and have the use of&nbsp;The Sky Lounge,&nbsp;a private space on the top of the Deanston building. The Sky Lounge can be used by Riverscape residents as a co-working space or a private dining and events space, and will enjoy stunning panoramic views over the River Thames, Canary Wharf and beyond.&nbsp;Residents will also get membership to The Clubhouse at Royal Wharf and take advantage of a wealth of facilities including a 25m swimming pool, hydrotherapy pool, sauna, jacuzzi, gym powered by Technogym&rsquo;s latest equipment, and a wide array of &lsquo;on-trend&rsquo; classes and fitness options.A ready-made communityResidents at Riverscape will become part of the ready-made, family-focussed neighbourhood of the Royal Wharf estate, with its 10,000 residents and established community spirit.&nbsp;There are a range of excellent education facilities for families. This includes the Royal Wharf Primary Academy school, which teaches 450&nbsp;reception&nbsp;to year six pupils, and the Nest innovative day nursery school. The Nest encourages 6 months to 5 year olds in Newham to enjoy their learning, develop an inquisitive mindset, and become increasingly aware of the world around them.They will also be able to benefit from the existing amenities on the Royal Wharf Estate, such as a local GP, high street, dentist, pub, regular farmers market, and an active community centre which has become a real social &lsquo;hub&rsquo; for the neighbourhood.Unrivalled connectivityRiverscape&rsquo;s connectivity is exceptional, by road, rail, water, bicycle or even air. Two DLR stations, West Silvertown and Pontoon Dock, are just minutes away, with fast links to Canary Wharf, and reaching London City Airport in just 4 minutes. &nbsp;The new Crossrail station opening at Custom House is also reachable in less than a ten minute walk, meaning residents can reach Heathrow Airport in just 44 minutes, and the West End in 20 minutes.The new riverboat terminal &ndash; the Royal Wharf Pier - will present&nbsp;a new and more comfortable way for residents to travel&nbsp;to many of the capital&rsquo;s most visited destinations,&nbsp;including&nbsp;Canary Wharf in 23 minutes, London Bridge City in 38 minutes, Blackfriars in 45 minutes and Embankment in 52 minutes.&nbsp;Ballymore and Oxley&rsquo;s track record of successRiverscape builds on Ballymore and Oxley&rsquo;s strong reputation and track record in creating exciting new neighbourhoods in east London.&nbsp; John Mulryan, Group MD Ballymore, Ballymore comments:&ldquo;We are delighted to be bringing this exceptional new development to the Royal Docks with Oxley.&nbsp; Ballymore has always recognised the potential of east London, having successfully launched City Island, Royal Wharf, Wardian and Goodluck Hope. Riverscape sets a new benchmark for quality in this part of London.&rdquo;Hot investment targetMandy Wong, Head of International Residential at JLL in Hong Kong, said:&nbsp;"Royal Docks is becoming a new, distinctive London neighbourhood with the concept of a 15-minute city and excellent connectivity to the city centre, workplaces and the world. Our firm forecasts that Royal Docks will see a 30% increase in home prices in the five years to the end of 2026 with buyers attracted by the premium riverside location and lifestyle opportunity. This will represent a significant outperformance of both London (25% growth) and the UK (20.5%) overall. Residential rents are also set to benefit from the completion of the new Customs House Crossrail Station and will rise an average of 3.2% per annum between 2022 and 2026."Riverscape will comprise ten residential blocks and 769 homes. First completions are scheduled for Q3 2023, with prices at Riverscape starting from &pound;399,950 (approximately HKD4.27 million) for a one-bedroom apartment.For more information potential buyers can visit&nbsp;<a href="http://www.riverscape.co.uk/" target="_blank">www.riverscape.co.uk</a>&nbsp;or contact the sales team via&nbsp;<a href="mailto:mwong@ballymoregroup.com">mwong@ballymoregroup.com</a>&nbsp;or Mandy Wong, JLL, tel: +852 3759 0909, email:&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.&nbsp;Hong Kong launch event:Date: 25 &ndash; 26 September 2021 (Sat-Sun) Time: 11am-7pm Venue: Victoria &amp; Edinburgh Room, 2/F, Mandarin Oriental Hotel, 5 Connaught Road Central, Central, Hong Kong

Ballymore and Oxley launch Riverscape

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Argent Related is releasing 1 Ashley Road, the first building at the Heart of Hale development, capitalizing the regeneration growth potential of Tottenham Hale.Tottenham Hale, city in North London with the famous&nbsp;Tottenham Hotspur Stadium,&nbsp;has become more competitive with the international transport hub and thousands of new job opportunities. Having￡1 billion of development investment, backed by Haringey Council and the Greater London Authority, the area has great support of ￡30 million investment on expanding its transport interchange which new station has opened in 2019. Benefit from the future plan of Crossrail 2, Tottenham Hale value no longer only at location zone 3, but also having Zone 1 central London&rsquo;s network and standard.&nbsp;Strategic Development Tottenham Hale is used to be a busy industrial area, now transforming to a brand-new mixed-use zoning with commercial, retail, residential and leisure uses that turn a new chapter of the city. A new world-class sports and events venue involving ￡1 billion in the area, which target for local team Tottenham Hotspur and newcomers NFL has become a new attractive landmark.Striving to achieve the work life balance for the local, Heart of Hale will feature 1,030 new homes; 15 new shops and restaurants; co-working and office space and a new health centre serving 30,000 local people. Apart from the self-sufficient community, residents can also lead to all directions by Tottenham Hale station. Sitting at the intersection of the Victoria Line and National Rail routes, Tottenham Hale station play a significant role that access to the City and West End conveniently. Only 11 minutes to King&rsquo;s Cross as well as 14 minutes to Liverpool Street. People can connect to Hackney and Stansted Airport via National Rail too.The first building at the Heart of Hale 1 Ashely Road locate at the centre of Hale, just 2 minutes walk to Tottenham Hale Station, is the first and the foremost building designed by the Stirling Prize-winning Alison Brooks Architects. The well location takes advantage for the residents enjoy the community social life on the doorstep, with new public spaces and Tottenham Hale Retail Park just nearby.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1631080556/olmwebcontents/ip/prod/qubcigijshonc3icgemf.jpg" />1 Ashely Road is a high-quality and trendy project design providing studios to three-bedroom apartments, with a series of high-quality amenities including private gardens with lush planting, residents&rsquo; lounge and lobby with 24-hour concierge.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1631080564/olmwebcontents/ip/prod/l08rlclvcjiqtl0ihpf8.jpg" />The east side of the building can enjoy over the beautiful view of Walthamstow Wetlands, which is the London&rsquo;s newest and biggest nature reserve that free to visit. Residents of 1 Ashley Road especially family with children can walk 14 minutes to the wetlands and take their weekend pleasure there.&nbsp;First Phase Release - 1 Ashley Road, London N17 Date: 11 &ndash; 12 Sept 2021 (Sat &ndash; Sun) Time: 11am &ndash; 7pm Property Seminar at 12:30pm &amp; 3:30pm (Sessions will be conducted in Cantonese. Limited seats available, RSVP) Venue: Alexandra Room, 2/F, Mandarin Oriental, Central, Hong Kong&nbsp;Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and are not to deal with Hong Kong properties, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. Property ID: IRP_N_101_21417. Planning permission number: HGY/2018/2223 granted by London Borough of Haringey. Leasehold: 999 years. *Prices and details correct at time of going to press. Travel time is approximately estimated. Sources: tfl.gov.uk and Google maps. Images are for reference only. The last updated date: 6 Sep 2021.&nbsp;For more information about 1 Ashely Road and other residential properties in the UK, please contact JLL Investments Limited at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

1 Ashley Road, Tottenham Hale: Revamping city with expanding transport hub

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Leading developer Hill launches the latest phase of Knights Park, a forward-thinking development that captures the new lifestyle demands of residents.The proportion of working adults who did any work from home in London last year climbed to 37% on average from 27% in 2019 according to the National Statistics, while 85% wanted to use a "hybrid" approach of both home and office working in future.Remote work trend changes&nbsp;people's&nbsp;strong&nbsp;desire&nbsp;for a better living environment. Multi-functional home is wanted because of the increased prevalence of home working. Taking chance of it, award-winning developer Hill Group launches the low-density development Rubicon, the latest phase of Knights Park, provides studios to three-bedroom apartments and penthouses with new lifestyle design.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1629774136/olmwebcontents/ip/prod/z9qckibpfia8unjhnzog.jpg" />Co-working home Combining 123 acres of beautiful green space and landscaped grounds, Rubicon is not only a place for living in a chill and relax way but also a co-working home fits the needs of remote working. The co-working accommodation at Rubicon helps residents to strike the balance between work and home life. With a wide range of spaces for work, covering large open areas ideal for generating collaboration, Rubicon further offers a mix of private rooms for calls, meetings and focused work. Residents especially working parents therefore can easily handle work in a concentrate and convenient approach. While each space provides functional contemporary furniture, strategic lighting and natural planting, people can get relax and shift back into working mode under the productive atmosphere.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1629774143/olmwebcontents/ip/prod/todus2jtcsi3hjn6mbvl.jpg" />Long-term market resilience As a world-renowned reputation education hub, demand for residential property in Cambridge remains consistently strong with the large and steady group of tenants from students and professors. Cambridge Science Park, which today comprises 150 acres, 1.7 million sq ft of high technology and laboratory buildings with 7,250 employees has also successfully formed a large-scale network linking up universities and multinational corporations. Many well-known technology and bio-tech companies such as Samsung&nbsp;and AstraZeneca have set up innovative center at Park which the high educated expertise and entrepreneurs enabled local rental markets remain active too.With the strong demand for residential property, Rubicon is appreciated by investors because of its long-term market resilience. The excellent quality of build, striking architecture, and exceptionally high-level of energy efficiency keep the market value of Rubicon in a sustainable prized way.New sustainable community Rubicon, Knights Park is situated in Eddington, a new district just a 12 minute cycle from Cambridge city centre. Eddington is devised by the University of Cambridge with the aim of delivering a brand new neighborhood for the city with sustainability at its heart and a high quality of life for residents. Different facilities such as a supermarket, shops and public square are offered for residents to come together. Doctor&rsquo;s surgery and a new Hyatt and Locke Hotel are upcoming that residents can enjoy the gym and roof top bar in the future.The well location of Rubicon takes advantage of Cambridge&rsquo;s excellent travel connections, with Stansted Airport just 30 minutes by train and Heathrow Airport an hour and a half away by car. Trains from Cambridge Railway Station into Central London in less than 50 minutes, and the station is just an 18 minute bus ride away from Knights Park favors residents to keep in touch with central city area.For more information about Rubicon and other residential properties in Cambridge and the UK, please contact JLL Investments Limited at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

Rubicon, Cambridge: Great opportunity to capitalize on UK home working trend

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JLL UK Living Research has released new forecast predicting the UK residential property market&rsquo;s first ever &pound;100 billion summer.The forecast, which takes the current trajectory of the housing market and applies it to the rest of summer months, estimates that there will be 420,000 sales in the UK across June, July and August at a total spend of a record &pound;107bn.This will make this summer the highest grossing quarter in UK residential market history and is in stark contrast to previous years. Throughout the past half decade, total spend from buyers during the summer months has averaged &pound;69bn-per-year, a figure that comprised of a little over 300,000 sales.&nbsp;Speaking on the forecast, Nick Whitten, our Head of UK Living Research, said:&ldquo;It is well-documented that the Summer is the best time to sell a home, with sentiment receiving a natural positive boost from the warmer weather. However, our data suggests that this post-lockdown summer will set a new record. The reasons behind the buying bonanza - with the most exchanges and highest total sales value on record &ndash; are threefold. The stamp duty extension to the end of June means that during the quarter eager buyers and sellers will look to force a deal through. This, combined with the increased financial stability many buyers are feeling as we unlock from Coronavirus, and the well-documented supply constraints in the UK market, means we can expect to see demand swallowing up available stock, pushing up prices but not to the extent that it will affect transactions.&rdquo;&nbsp;The Government has set a clear priority to help more people onto the housing ladder through its Own Your Home campaign. The campaign puts the spotlight on six Government-backed support schemes to allow people to access some form of home ownership.The forecasted spike in activity this Summer will be particularly evident in the north of England, which is predicted to see circa 100,000 sales &ndash; around 25% of the total UK.&nbsp;For more insights on the real estate markets and residential properties in the UK,&nbsp;please contact JLL International Residential at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

Billion pound summer forecasted this summer 2021 in UK housing market

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Growing up in London, it was quite common for my family and I to spend time in Surrey. In fact, quite a few of my childhood memories and experiences in the UK are based on my time spent in towns and places in the county.Surrey is traditionally a more affluent area of the UK, and usually sees many mid-to-senior level corporate workers living in Surrey and commuting into London for work. Anything further south-west of Kingston was jokingly referred to as &ldquo;Gin and Jag&rdquo; country, or the &ldquo;Gin and Jag belt&rdquo;. This is a colloquial term used to define the upper-middle class, characterized by drinking gin and tonics as well as driving luxury cars such as Jaguars. Although perhaps not as common a phrase nowadays, it does give one an idea of what to expect in the area. Of course, the common attraction factors for families have always been present in the area: great schools, well-suited to quiet family lifestyles with plenty of open space and an easy commute into London for those working in the City.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1626766628/olmwebcontents/ip/prod/wk4dapjh7cemzbgbaqbl.jpg" />There would be many times that my family and I would spend some of the summer holidays in the more relaxed countryside of Surrey. I fondly remember my time spent in Oatlands Park Hotel, which has an amazing history behind it. Standing on the original site of the grand royal palace built by Henry VIII, the hotel is a Grade II listed hotel that has been carefully restored. The land was acquired by Henry VIII in the 1540s to build a Royal Tudor Palace and was home to many of Henry VIII&rsquo;s wives. The hotel itself was built in 1853. Thinking back, I remember spending my time here walking the massive grounds and eating incredibly traditional British meals (Sunday Roast, afternoon tea etc.).<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1626766660/olmwebcontents/ip/prod/zupf0yz9tsd1yvnbcfl2.png" />The nearby town of Weybridge is also quite popular with commuters and those looking to settle down in detached house with backyards to enjoy some private greenspace. Of course, ultra-prime areas are also present in Surrey with St. Georges Hill perhaps being the most famous. Other highly sought-after areas include Cobham and Esher, known for its many golf courses and the latter being close by to Sandown Racecourse. On the family side of things, the excellent choices of both private and state schools are surely another big pull. For those looking for a taste of home, The Good Earth in Esher has been a family favorite for high-end Chinese food, with the crispy duck as their signature dish. Nowadays, The Good Earth has quite a few locations across Surrey and London, so be sure to give it a try on your next visit.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1626766690/olmwebcontents/ip/prod/elktyzcetgx2egrzammc.png" />Personally, I spent a decent amount of time with family friends who lived in Walton-on-Thames, a quite traditional suburban town close to Wimbledon. During the summer months, our families would get together to enjoy the sunshine and catch up. If I were to visit Surrey today, I would be sure to visit the Surrey Hills. Designated as an &ldquo;Area of Outstanding Natural Beauty&rdquo; (AONB), a nationally protected landscape that stretches across the county. The area includes many woodlands, walking/running/cycling paths as well as horse-riding and arts &amp; culture attractions to its visitors. The Surrey Hills, which spreads over 422 square kilometers, encapsulates the natural beauty of Surrey with its gently rolling hills and greenery captivating all that visit.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1626766718/olmwebcontents/ip/prod/qmp6w5xnfbd33bzadpzi.png" />Ultimately, the county Surrey spreads across South East England and will remain a popular and sough-after choice for affluent families in England. With its combination of great schools, tranquil lifestyle and generally easy commute into London make it easy to see why it is a family-friendly and popular place for London-based commuters.&nbsp;Author: Michael Wong, Senior Sales Consultant, JLL International Residential

My memory of countryside living in Surrey

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St William, part of the Berkeley Group, has launched Poplar Riverside, a major new riverside neighbourhood on the banks of the River Lea in Poplar, London.&nbsp;A significant new chapter for this part of the capital, Poplar Riverside occupies 20 acres and will provide 2,800 new homes, a new school, a new park, as well as a gym, a cr&egrave;che, shops, restaurants and cafes all set to become a new and vibrant Zone 2/3 neighbourhood.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1624950723/olmwebcontents/ip/prod/qil2dmx99dn1ate24imm.jpg" />Life on the WaterfrontA sustainable, green community sits at the heart of St William&rsquo;s vision for Poplar Riverside, with landscaped gardens and open space covering more than half of the scheme.The new riverside walkway and park will create a vibrant outdoor public space to be enjoyed throughout the seasons. Designed by LDA Design, the landscape will include 227 semi-mature trees (including the rare Black Poplar), thousands of shrubs and tens of thousands of plants to create a variety of new natural habitats. The new green open spaces will create a 55% gain in Net Biodiversity.A new play area will be incorporated within the park, alongside a large terrace and a 10,000 sq ft outdoor performance space at Shelduck Square that will be used for public events. In addition, a public square featuring a caf&eacute; and Wi-Fi-enabled spaces will serve as a venue for community events.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1624950733/olmwebcontents/ip/prod/w6qqn4hdf5l91x1qflhi.jpg" />Riverside homes and world-class residents&rsquo; facilities&nbsp;New homes reflect the character, colours, and textures of the surrounding East London architecture. All apartments feature outside space, many with river, park and city views. The spacious internal layouts and large feature windows flood rooms with natural light.As part of the extensive regeneration, St William is delivering 16,000 sq ft of carefully considered residents&rsquo; facilities to meet today&rsquo;s demands of living in the capital. Residents can unwind with far reaching views of the River Lea from The Riverside Club, which will include a 20-metre swimming pool, a vitality pool, salt inhalation room, steam room and private treatment room. Working from home is made easy with exclusive workspace facilities, including a large business lounge with open plan spaces and meeting rooms. A vibrant social scene will be created thanks to a Den Lounge, private hire dining rooms, cinema and games room. Residents will also have access to a 24-hour concierge service.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1624950742/olmwebcontents/ip/prod/owevurxu7prcgybkaqfo.jpg" />A Thriving NeighbourhoodWhether travelling by foot, bike, car or train, residents will enjoy excellent transport connections from Poplar Riverside. East India and Canning Town Stations are less than a 15-minute walk away meaning residents can access Waterloo in 13 minutes, Westminster in 17 minutes and Bond Street in 22 minutes. For those travelling by bike, Canary Wharf is just 12-minutes away and Bank and Waterloo are also just 31 minutes away.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1624950748/olmwebcontents/ip/prod/yamvftwrqbahm1x0jbzd.png" />Residents will have access to a new pedestrian bridge, which is being built over the River Lea, allowing residents to enjoy a pleasant and convenient walking route directly to the City.For leisure and travel further afield, Stratford International and Westfield Stratford City are both less than 25 minutes away by bike.For more information, please contact JLL International Residential at +852 3759 0909 or via email:&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

Poplar Riverside: An investment hidden gem in London E14 area

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Just 23 minutes by train from London Paddington, Reading has long been a favourite of commuters looking for cheaper rents than the capital. Now, heavy investment in business facilities, education and transport infrastructure are making the town even more appealing to professionals, families, and property investors.Reasons to invest in ReadingNamed the fastest growing region in the UK by Ernst &amp; Young from 2020 to 2023, Reading is set for consistent growth as investments in business parks and the new &pound;900 million Crossrail station continue to drive demand and property values in the coming years. Reading's digital sector is one of the most concentrated in the UK, attracting major global companies such as Microsoft and Huawei that can benefit from world-class amenities and a steady supply of talent from overseas and the local University of Reading, which ranked in the top 30 universities in the UK.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1621243842/olmwebcontents/ip/prod/c5y4telpu8fdfnbicfhd.png" />Big city perks without the downsideMany London commuters prefer living in Reading for its lower prices and the smaller town experience. Reading offers the experiences of modern city living on a manageable scale, the River Thames and Berkshire countryside being within easy reach. The Oracle and Broad Street shopping malls are at opposite ends of the high street, featuring a mix of big brands, independent boutiques and eclectic eateries catering to Reading's multi-ethnic population. There's also fine dining at the London Street Brasserie and Michelin-starred L'Ortolan.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1621243850/olmwebcontents/ip/prod/ecbpmqjycvh4l85fcikz.jpg" />Strong education provisionFamilies moving to Reading will appreciate having nature and heritage sites on the doorstep, as well as high-performing local schools that boast some of the best GCSE and A-level grades in the UK.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1621243857/olmwebcontents/ip/prod/tibmlv0kmj1ivs3nnqjo.jpg" />Riverside livingNew residential developments are meeting the demand for well-connected property in Reading, from CBD apartments to the Berkeley Group's new riverside quarter Huntley Wharf, a residential-led development with commercial and communal facilities a short walk from Reading station.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1621243864/olmwebcontents/ip/prod/orof0aoxqzxn4o6uu0mn.png" />For more information about Huntley Wharf and other residential properties in the United Kingdom, please contact JLL International Residential at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.&nbsp;&nbsp;Disclaimer:Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and are not to deal with Hong Kong properties, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. In the event of discrepancies between the Chinese and English versions, the English version shall prevail. *Prices and details correct at time of going to press. Travel times are approximate. Source:&nbsp;<a href="http://thetrainline.com/?fbclid=IwAR1f3M3utpEoVSrSe6Sqbw5Z_8GacXc-f-ARFh2TmmF13rZ4j_k0uZexE6I" target="_blank">thetrainline.com.</a>&nbsp;^On selected apartments. Computer generated images are indicative only. Planning Permission Number: 170509 and 171009 granted by Reading Borough Council. Acquiring interest in an apartment in the building with 999-year lease. Property ID: IRP_N_101_00371. Last update date: 17 May 2021.

Reading: Why London's commuter hotspot is the UK's most promising investment opportunity

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City North is a mixed-use development and a joint venture between Telford Homes and the Business Design Centre Group. Set across four sleek and stylish buildings, this exclusive collection of spacious suites, 1 to 4 bedroom apartments, duplexes and penthouses is only 15 minutes from the heart of the City of London. Homes are ready for occupation and can benefit from the Stamp Duty Holiday.The Capital on its DoorstepFinsbury Park is one of the best-connected neighbourhoods in North London, and its station is only a minute&rsquo;s walk from City North. The new western entrance to the tube and rail station created as part of the City North development provides easy access to the Victoria and Piccadilly line &ndash; it only takes 4 minutes by tube to King&rsquo;s Cross and 9 minutes to Oxford Circus.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617006964/olmwebcontents/ip/prod/edahyu1rkgbye1yrjnjm.jpg" />City North is set amongst some of London&rsquo;s finest outdoor spaces. As well as having the 110-acre Finsbury Park on its doorstep, residents may explore the natural beauty of the 4.5 miles Parkland Walk, which takes them along the course of a tree-lined former railway line to Highgate. The East &amp; West Reservoirs are close by for walks, watersports and open-water swimming. Other facilities in Finsbury Park include Outdoor Gym, Athletics Track, Cycling, Tennis Court, Caf&eacute; and Art Gallery.Finsbury Park and the neighbouring Stroud Green are a major destination for foodies, attracted by the excellent range of cuisine on offer. From mouth-watering tapas at La Fabrica, through to sensational Lebanese dishes at My Cottage Caf&eacute;, residents will find great food for every mood and occasion.A New Home for Cultural Excellence and Exclusive LeisureSet to become a destination in its own right, City North is the focal point of a ground-breaking regeneration that is transforming the area. It is located in a centre of excellence for the art world, featuring the recently created John Jones Art Building and the popular Park Theatre. There is also a multi-screen cinema, supermarket, fitness centre and a selection of retail and culinary experiences within easy reach.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617006973/olmwebcontents/ip/prod/pxgyqk2qbdkf8rchwidl.jpg" />The Pavilion at City North is a private residents&rsquo; landscaped roof garden of over 2,000 square metres. Providing an outdoor seating area with sweeping vistas across the capital &ndash; from Finsbury Park, The City to Canary Wharf. It features an attractive residents&rsquo; Wi-Fi Lounge which offers a tranquil haven to enjoy all year-round.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1617006982/olmwebcontents/ip/prod/umsn1lwfqx14nlbatfzq.jpg" />City North also offers a 24-hour concierge providing a hassle-free experience including restaurant reservations and taxi scheduling. Units at City North start from &pound;530,000. For further information, please contact +852 3759 0909 or email&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.&nbsp;&nbsp;Disclaimer:You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and are not to deal with Hong Kong properties, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. * Prices correct at time of going to press. Prices subject to change without prior notice. ^Walking times and travelling times are approximate. Planning Permission no: P092492 granted by London Borough of Islington. Property ID Number: IRP_N_101_00085. Acquiring interest in an apartment in the building with 999-years leasehold. The last updated date: 29.03.2021.&nbsp;

A New Landmark and a Vibrant, Cosmopolitan Development in Finsbury Park

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My vacation in Lisbon was almost by accident and almost shouldn&rsquo;t have happened. For the winter of 2018, I had planned to traverse the North African country of Morocco, spending time in Marrakech before tackling the Atlas Mountains, Sahara Desert and then enjoying the cultural parts of the ancient city of Fes.One of the last things to get planned was where to stay on the way back from Morocco. It was decided that we spend a week in Lisbon, with it being a hub of connections to the Middle East and other major destinations. My time in Lisbon has ultimately led me to say that it is a highly underrated and often overlooked European destination.&nbsp;The Old Town District, AlfamaWe decided to stay in the neighborhood of Alfama, the old town district. Plenty of character, old buildings, narrow cobbled streets. Instead of a hotel, we chose a 2-bedroom serviced apartment which was newly refurbished. Although the building had plenty of character and all appliances worked brilliantly, it was still an older building with no lift (we lived on the top floor) and only a narrow staircase to walk up. I certainly see why new-builds with an elevator would be in high demand in Lisbon.A Gourmet Journey of Portuguese History and InfluencesI think many people will agree with me that exploring new cuisines is one of the best aspects of travelling. In Portugal, it is impossible to avoid cod and sardines, cooked in a thousand different ways. Overall, I found the food to be incredibly good and it was very interesting to taste Portuguese history and influences from around the world in its cuisine. For foodies, I recommend spending a good amount of time at the Timeout Food Market, which showcases food from the best restaurants and chefs from around Portugal, as well as artisanal food products from around the country. The food market nature of the area means that everyone is free to explore and choose what they would like to eat, so definitely go with a group.&nbsp;<img alt="" height="510" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1616658601/olmwebcontents/ip/prod/wmwtsfb9mgwj6dsz9zfk.jpg" width="287" />&nbsp;After spending more than a week in Morocco, I was looking forward to having a drink and thankfully, I found that Lisbon has some great places to grab a cold drink. I caught up with friends in a local restaurant run by grandpa and grandma trying to order despite the language barrier. I would always recommend being adventurous and going to small restaurants without flashy advertising. In terms of nightlife, my favorite memory was seeing a hole in the wall (literally), which turned out to be a speakeasy bar (called Ulysses), run by a Portuguese/Canadian who used to be a professor at my university! It was a really interesting find, offering guests bespoke cocktails with no menu. The bartender asks what you like and then makes you a cocktail on the spot. It seats a maximum of eight people, and that is a tight fit! All in all, given the quality of the food, I found myself spending roughly half the amount as I normally would for dining out as when compared to London or Amsterdam.SightseeingI found getting around Lisbon to be very convenient. I prefer walking around a city when I am traveling, and Lisbon was no exception as it gives a better perspective of the place you are visiting. However, using the Metro is also very straightforward and convenient. I would highly recommend taking the #28 tram as it goes through some of the narrowest parts of town and has a stop in Lisbon&rsquo;s very own Chinatown &ndash; just beware of pickpockets!&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1616658611/olmwebcontents/ip/prod/fplrcxpjkevleheczhny.jpg" />&nbsp;One of the highlights of walking around Lisbon was getting to see the various architectural styles that the buildings have to offer. My personal favorite was noticing the intricate details of the Azulejo tiles (brief history, 13th&nbsp;century, etc.). It is interesting to see the different drawings and colors that occur throughout the city. You will sometimes also see these designs in the interiors of fancy cafes.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1616658620/olmwebcontents/ip/prod/iy6fmkwwtb693teiehmp.jpg" />&nbsp;As for getting a taste of the Christmas spirit in Lisbon, hang-out in Praca do Comercio &ndash; pedestrian-only streets with little stores and sidewalk cafes.To enjoy a bit of the trendy lifestyle that Lisbon has to offer, I would spend some time shopping in Chiado, a traditionally wealthier part of the city. The neighborhood has stylish shops, local brands and very trendy cafes and restaurants. &nbsp;For a great vantage point to admire the city and coastline, I decided to pay a visit to the Castelo de S. Jorge. Walking up through Alfama was an interesting journey of seeing how the old town was built and how it compares to the rest of the city. On the way down, there are plenty of cafes to which you can have a pitstop and enjoy an espresso with a pastel de nata (egg-tart).&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1616658627/olmwebcontents/ip/prod/dd9wiz3kfysrpwtoajad.jpg" />&nbsp;Laidback City with Incredibly Friendly PeopleMy overall impression of Lisbon is a very laidback city with incredibly friendly people. It is quite cheap compared to other &lsquo;major&rsquo; European countries and I can definitely see why young people from other European cities would consider living here. You can feel people here like to enjoy life. In my European travel experience, there are only a few cities where you can genuinely feel the vibrant colors of the city &ndash; Lisbon is definitely one of these rare cities. A place full of history and character, I would love the opportunity to go back and explore Lisbon more in-depth as well as other parts of Portugal.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1616658635/olmwebcontents/ip/prod/qhq3aodvtshjsxkxomla.jpg" />

Vacation in Lisbon, Portugal - A Place Full of History and Character

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Shibaura is located in the Minato ward of Tokyo, Japan, and also in the southeast district of ​​the busy Yamanote Line, accessible from Tamachi Station. As the starting point of Rainbow Bridge that connects to the entertainment hub of Odaiba, Shibaura was developed into a residential and commercial area in the early 2000s. Many corporate headquarters are located in this area. Along with the vigorous development in recent years, the area has complete facilities, including parks, schools, supermarkets, etc. The bay area is now a very popular middle-class residential area.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799321/olmwebcontents/ip/prod/1-Branz_Tower_Shibaura.jpg" />From Tamachi Station&nbsp;The Shibaura area is extremely well-connected. The area is reachable from Tamachi Station on the Yamanote Line and Mita Subway Station. By using the subway Mita Line and Asakusa Line&rsquo;s Mita Station, there are 5 stations directly to Tokyo Commercial Center (Otemachi). The famous Tokyo university "Keio University" is near Mita Station, so this area is also very popular with university students.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799322/olmwebcontents/ip/prod/2-Branz_Tower_Shibaura.jpg" />Keio University&nbsp;From the Tamachi Station, walk along "NAGISA Avenue" to the direction of Rainbow Bridge. You will find supermarkets, restaurants and drug stores along the road. The Shibaura Canal Festival is held here in Shibaura Shopping Street every year at the end of September.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799322/olmwebcontents/ip/prod/3-Branz_Tower_Shibaura.jpg" />&nbsp;Near "NAGISA Avenue", you will see a five-story transparent glass building. This is "SHIBAURA HOUSE" designed by the famous architect, Kazuyo Sejima. The first and second floors of the "SHIBAURA HOUSE" are open to the public on weekdays. This is a place where people can work, read books, and eat in order to promote exchanges among the residents in Shibaura.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799322/olmwebcontents/ip/prod/4-Branz_Tower_Shibaura.jpg" />&nbsp;Continue walking towards Rainbow Bridge and we will arrive at Shibaura Island. The 4 high-rise residential buildings here are representative of Shibaura's high-end residential buildings. Here you will find canal cafes, restaurants and a 24-hour supermarket.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799322/olmwebcontents/ip/prod/5-Branz_Tower_Shibaura.jpg" />Shibaura Island&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799322/olmwebcontents/ip/prod/6-Branz_Tower_Shibaura.jpg" />24-hours supermarket&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799322/olmwebcontents/ip/prod/7-Branz_Tower_Shibaura.jpg" />Canal side&nbsp;&nbsp;Shibaura South Port Park is a marine park under the Rainbow Bridge. You can enjoy the bridge, Tokyo Bay and the night view up close. It is also the place where Tokyo people will come to enjoy the first sunrise of the new year on January 1. The park has open spaces such as benches and a sports plaza where you can play baseball and football. A 3-minute walk from Shibaura South Port Park is the entrance of the Rainbow Bridge Walkway. The walkway is about 1.7 kilometers long. It takes about 20-30 minutes to complete the walk. The walkway is divided to the left and right sides (north and south). The north side faces Harumi Toyosu, where you can see the Tokyo Tower; the south side faces Odaiba. If you come to Tokyo for a trip, you might as well visit the Rainbow Bridge Walkway!&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799321/olmwebcontents/ip/prod/8-Branz_Tower_Shibaura.jpg" />&nbsp;From the rooftop garden of Branz Tower Shibaura, you can enjoy a 360&deg; panaromic view of the bay area. Towards the East, you can appreciate the Rainbow Bridge and mesmerizing sunrise. Towards the West, there is the iconic Tokyo night scene.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615799321/olmwebcontents/ip/prod/9-Branz_Tower_Shibaura.jpg" />&nbsp;For further information, please click&nbsp; <a href="https://internationalresidential.jll.com.hk/insights/article/walking-around-shibaura-the-popular-bay-area-of-tokyo?utm_medium=website&amp;utm_source=jll&amp;utm_campaign=branz-tower-shibaura-2021&amp;utm_content=article">here</a>&nbsp;or contact +852 3759 0909,&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.&nbsp;&nbsp;DisclaimerPurchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and are not to deal with Hong Kong properties, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. Planning Permission no: 300359 (10th Sep 2018) granted by UHEC. Acquiring interest in an apartment with freehold. Property ID Number: IRP_N_101_2285. Last updated date: 15.03.2021

Walking Around Shibaura, the Popular Bay Area of Tokyo

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Rishi Sunak, UK Chancellor of the Exchequer, delivered his new Budget on Wednesday 3 March 2021. The Budget sets out the distributional impact on households of tax, welfare and public service spending decisions. On a wider economic context, there is also focus on trends in employment, earnings and household incomes &ndash; including the impacts of COVID-19.&ldquo;There are many welcome announcements within this Budget,&rdquo; said&nbsp;Nick Whitten, Head of UK Living Research at JLL.Major policies related to real estate market:Extended Stamp Duty HolidayResponding to calls from the industry and to prevent over a third of the deals from falling through, Sunak has extended the Stamp Duty Holiday. No tax will be levied on the first &pound;500,000 of property purchases in England and Northern Ireland until 30 June 2021. To assist a smooth transition, the threshold will be reduced to &pound;250,000 from July to September 2021. For completions after 1 October 2021, stamp duty will return to the usual level of &pound;125,000.Overall, JLL believes that the stamp duty holiday provided a much-needed confidence boost to the housing market. The extension will provide welcome relief to purchasers on the edge of the original deadline and open the door to additional buyers, where the clock is now effectively ticking.According to statistics, it has taken an average of 54 days to sell a home since the stamp duty holiday was introduced in July 2020, down from an average of 70 days 12 months prior. Assuming the average time to sell a home remains at the current level, aspiring buyers have until 7th&nbsp;May to begin a purchase to take advantage of the full holiday extension.&nbsp;2% Overseas Stamp Duty SurplusWith reference to last year&rsquo;s budget, it has been confirmed that a 2% overseas stamp duty surplus for purchasers of residential property in England and Northern Ireland who are not resident in the United Kingdom. The measure will apply to land transactions with an effective date of 1 April 2021 or later.From our perspective, this tax represents a big shift in UK Government policy away from an open trade policy &ndash; until now there has never been a consideration of an investor&rsquo;s origin if they are looking to buy an investment home.Undoubtedly, JLL recognises that this tax will create initial market resistance until it becomes accepted. However, it should be noted that many other competing cities already provide higher levels of overseas taxation; so, UK&rsquo;s major cities should remain competitive on the international stage.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1614910747/olmwebcontents/ip/prod/q23rcvkrvkwtbtdqkcnf.jpg" />Increase in Corporation TaxCorporation tax on company profits above &pound;250,000 is set to rise from 19% to 25% in April 2023. The 19% corporation tax rate is retained for those companies with small profits under &pound;50,000. The tax rate for profits between &pound;50,000 and &pound;250,000 will be taxed at a rate between 19% to 25%, depending on the government&rsquo;s relief.Therefore, JLL envisions that this will affect all companies that own a portfolio of UK commercial and residential property.&nbsp;Overall Budget ConclusionThe underlying message from the budget was that the outlook for economic growth is better than anticipated. There are various supports for the vaccination rollout, businesses, arts and sports to resume. GDP will reach its pre-pandemic level six months earlier than expected, while unemployment is expected to peak at 6.5%, rather than the initially anticipated 11.9% in June 2020.The Budget&rsquo;s stamp duty and mortgage measures may create a &lsquo;generation buy&rsquo;; however, to suit a greater variety of end user needs, renting as an aspirational lifestyle choice will still be apparent.&nbsp;For further information, please contact +852 3759 0909 or email&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

UK Budget 2021: a good news for home buyers

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Sale - Price

Price

Resale - Price

title="Beds"
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Bedrooms

Beds

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Property Type

type

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Sale - Options

flags

Country

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Rent - Options

Options

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