Located on the site of the former Kodak film factory, Eastman Village is part of a larger &pound;1.75bn improvement scheme in Harrow. The development will include schools, shops, leisure facilities, commercial space and two on-site gyms. The development will also create 3,000 jobs. Boasting five different train lines running into the capital, and a choice of more than 30 local schools in Harrow that have been given the top Ofsted rating of &ldquo;Outstanding&rdquo;, the development is set to be a prime investment opportunity. Mandy Wong at JLL comments: &ldquo;We&rsquo;re continuing to see increased interest in Harrow from buyers in [region]. This is an exciting time for investors to make the most of the &pound;1.75bn improvement scheme in Harrow, which Eastman Village is a key part of. The regeneration of the site is not only providing a beautiful place to live that blends the rich history with modern and efficient living, but a prime investment opportunity the area achieving average rental yields of 4% and a forecasted 14% rental growth over the next 5-years.&rdquo;This Fenton Apartments is 15-storeys tall and is one of the tallest buildings within the development. Apartments come in one-, two-, and three-bedroom layouts with spacious open-plan living and a balcony or terrace, providing residents with that all-important outdoor space. The interiors have been decorated with today&rsquo;s design trends in mind, complete with Crittall windows and bold coloured furniture. The development's ethos is reflected in the space, a mixture of old and new.&nbsp;Residents in the upper floors of the apartments will enjoy breath-taking views of the surrounding area. Those who choose the southeast facing apartments will also be treated to a picture-perfect view of London&rsquo;s skyline every day. Mandy continues: &ldquo;Harrow is a very sought after location which makes it a solid investment. It&rsquo;s a fantastic area for public transport connection, offering quick train services into central London from two stations; it&rsquo;s like living in zone two even though you&rsquo;re in zone five.&rdquo;Fenton Apartments has the added benefit of being one of the nearest blocks to the train station at Eastman Village, making travel into central London easy. residents can reach Euston Station in just 12 minutes by train from Harrow &amp; Wealdstone station. Euston is ideally located just a 15-minute walk from the famous Regents Park, where London Zoo resides. The British Museum, University College London and St. Pancras International are all within walking distance from Euston, and a quick 6-minute underground journey will take residents to the iconic retail hub of Oxford Circus &ndash; where Liberty London, Nike, Hamleys and Apple are located. Moreover, the new TfL Superloop, an express network of bus routes, will connect Eastman Village directly to Wembley, home to London&rsquo;s famous Wembley Stadium and Box Park.There are 127 residences at the Fenton Apartments in 17 different layouts, featuring one-, two-, and three-bedroom apartment and duplexes. Prices start from &pound;350,000.

Barratt London Unlocks Green Space and New Homes at Eastman Village

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In a nod to iconic British photographer Roger Fenton, Barratt London has announced the launch of the Fenton Apartments at Eastman Village – offering a selection of one, two- and three-bedroom apartments and duplexes.

In a nod to iconic British photographer Roger Fenton, Barratt London has announced the launch of the Fenton Apartments at Eastman Village &ndash; offering a selection of one, two- and three-bedroom apartments and duplexes to prospective investors, situated in the heart of a top London redevelopment area.

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JLL today announced an exclusive partnership with Cathay to hold the first-ever "London on-site viewing tour". The tour, scheduled for August, will be led by local Cantonese-speaking property experts, offering participants an in-depth exploration of several highly anticipated premium projects in London, United Kingdom.As an exclusive incentive, participants who undertake a tour of any of the four highlighted properties will receive a reward of 2,000 Asia Miles. Furthermore, those who purchase a new home through us within the specified timeframe will earn up to 168,000 Asia Miles (applicable for properties priced over GBP 3 million), eligible for redeeming a round-trip business class ticket between Hong Kong and London.The tour will showcase four high-quality property projects:<ol><li>Paddington Gardens (August 2):&nbsp;A luxury residential development situated at the heart of the Paddington Basin. The project has completed and takes just 5 minutes' walk to London Paddington station. </li><li>The Founding, Canada Water (August 3):&nbsp;GBP 1 billion flagship regeneration masterplan, which is scheduled for completion in the winter of 2024. It takes 1 minute to walk to Canada Water Underground Station. </li><li>One Thames Quay (August 9):&nbsp;A rising residential area of the Upper East Side of Canary Wharf, which will be completed in the third quarter of 2024. All apartments enjoy stunning views of Canary Wharf and the River Thames.&nbsp; </li><li>Eastman Village (August 10):&nbsp;A high investment return development project in the Harrow area, which is scheduled for completion in the second and third quarters of 2025. About 98% of the nearby local schools Ofsted-rated 'Good' or 'Outstanding'. </li></ol>During the tour, the experts will provide comprehensive presentations on the features of each property, surrounding amenities, as well as the characteristics of the United Kingdom's leading developers and the latest market overview. Participants will have the opportunity to enter the properties and observe the actual conditions at the time of handover.Mandy Wong, Head of International Residential at JLL in Asia Pacific, said: "This tour is more than just a site visit; it is a unique opportunity to gain deep insights into the London real estate market. Through first-hand experience and expert guidance, participants can comprehensively evaluate the investment potential of London properties, adding new options to their international asset allocation. Investors eyeing opportunities in the London real estate market should not overlook this unique tour that combines professional insights, on-site visits, and generous rewards. JLL cordially invites you to register without delay, seizing this invaluable opportunity to gain in-depth understanding of prime London properties and embark on your property investment journey in the United Kingdom."

JLL partners with Cathay to hold the "London on-site viewing tour"

Event page

Expert-led tour coupled with rewarding miles: Unveiling a new era in UK property investment

Expert-led tour coupled with rewarding miles: Unveiling a new era in UK property investment

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But as the removal vans manoeuvre into No. 10, many in the industry will be thinking about the housing market and what the incoming Labour government will bring. Of course, housing was high on the agenda in the run up to the election, but the vagaries
 of the manifesto will now need to make way for greater clarity. 
The new Prime Minister had previously committed to turbocharging the housing market from &ldquo;day one&rdquo;. Realistically, we might be waiting a few days longer to find out Sir Keir&rsquo;s plans. But those close to the top have signalled an announcement
 could be a matter of a few weeks rather than a few months away. 
They&rsquo;ll need to pull their socks up as building 1.5 million homes over the next parliament will be a Herculean task. The main plans touted so far have been a recruitment drive for planners, with the intention to recruit 300 additional planning officers
 to ease bottlenecks and get Britain building. Undoubtedly a recognition of the challenges in the planning process, in practice this is the equivalent of less than one planner per planning authority and may not be the game changer we really need (a
 step in the right direction though). 
The term grey belt is also likely to enter the vernacular as Labour attempt to make developing on the greenbelt more palatable (their landslide victory and corresponding majority will help here).
Plans are afoot, too, for encouraging first-time buyer activity through further promotion of a mortgage guarantee scheme. However, the temporary increase in the first-time buyers stamp duty threshold (from &pound;300k to &pound;425k) won&rsquo;t be extended
 under Labour &ndash; although this mostly affects higher value markets.&nbsp; 
Before we delve too deeply into what-ifs we&rsquo;ll need to wait and see what emerges in the coming weeks. Until then, let&rsquo;s look at what the new government are inheriting:
<h2>The economy</h2>
Whisper it quietly, but things might not be quite as bad as we thought. The new Labour government aren&rsquo;t inheriting an economy in rude health, but quarterly GDP growth for Q1 was revised up in June to 0.7% (from 0.6%), putting GDP 0.3% higher than
 it was a year earlier in Q1. 
With growth revised up, expectations of economic growth at sub 1% in 2024 may be looking conservative. Oxford Economics expect 0.9% and consensus forecasters 0.5% this year, but we could well see these figures creep up as we move through the summer. 
Despite CPI hitting the 2% target rate, stubborn services inflation has thrown some cold water on the prospect of multiple rate cuts this year.&nbsp; But we still expect the bank rate will be cut before the year end, meaning more favourable mortgage rates,
 which are already starting to creep into the market, continue to emerge in the second half of the year.<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1720173441/resi/gb/Articles/Images/JLL-house-prices-labour.png" />
<h2>House prices</h2>
House prices edged up in June, 0.2% higher month-on-month and 1.5% higher than they were at the same point a year ago. The latest figures from Nationwide show London was the only region in southern England where prices have risen in the last 12 months,
 up 1.6%. East Anglia saw the most significant annual fall at -1.8% with the North West and Northern Ireland both recording annual increases of 4.1% in Q2 2024. 
House prices have risen 59% since Labour were last in power back in 2010. They are up 68% since they last won an election back in 2005 and up 353% since the last won an election in opposition back in 1997. In 14 years under the Conservatives (2010 to
 2024) prices have risen by 57%, versus 191% in the 13 years under Labour (1997-2010) 
<h2>Activity</h2>
Mortgage approvals for house purchase continue to hover around the 60,000 mark, around 10,000 (or 19%) higher than they were a year ago. Despite rising off a low base, activity remains around 15% down on long-run norms. 
The number of transactions has risen too so far this year.&nbsp; The latest May figures show an estimated 91,660 sales, 24% (or almost 18,000) higher than volumes in May last year and just 2% shy of the 2015 to 2019 average.
The latest S&amp;P Global Construction Purchasing Managers&rsquo; Index (PMI) was released the day we went to the polls. The UK construction sector remained in growth territory for the fourth consecutive month in June, albeit dipping slightly month-on-month.
 Growth was led by the commercial sector, with housing, which had moved into positive territory for the first time in 19 months in May, dropping back in June.<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1720173441/resi/gb/Articles/Images/JLL-rental-growth-price-growth.png" />
<h2>Rents</h2>
As we enter the busy summer market for lettings, prices achieved on new lets, according to the latest June figures from Homelet, were up 6.9% nationally. London and the South West were the only regions where rents fell month-on-month but were still 4.9%
 and 3.4% higher annually. 
Rental growth rates in London have finally dropped below wage growth, meaning the rent to affordability ratio dropped from 40% in January to 38.9% in May, but it remains 10 percentage points higher than it was a decade ago. 
Results for the latest JLL Buyer and Tenant Survey highlight the challenge facing tenants, with half of the tenants surveyed spending more than 50% of their take home pay on rent each month, up from 45% in 2022.&nbsp; To read more from the latest JLL
 Buyer and Tenant Survey <a href="https://residential.jll.co.uk/insights/research/buyers-and-tenants-survey-2024">click here.</a><img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1720173440/resi/gb/Articles/Images/JLL-rent-to-income-ratio.png" />

Residential Roundup 5 July

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The Labour Party have won more than 400 seats, giving them a comfortable majority in the 2024 general election.

The Labour Party have won more than 400 seats, giving them a comfortable majority in the 2024 general election.

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We are please to release the latest JLL housing market forecasts in first half of 2024. Price falls, which we had forecast to see in early 2024 have largely failed to materialise, as more competitive rates entered the market. This means we now expect prices to rise by +2% nationally this year, compared to our previous forecast of -3% made in October 2023.Lower value markets are expected to outperform this year. As rates improve, we expect London to lead, with growth in both Central and Greater London expected to be higher than the national average over the five-year forecast period.Our research points to city centre markets as the primary driver of growth. The demand for urban living and the projected growth in households propel these markets forward over the five-year forecast period. As cities continue to attract young professionals and lifestyle seekers, the demand for rental properties in central locations is set to remain strong, contributing to the robust market performance.More balance appears to be emerging across the rental market, as the gap between tenant demand and landlord instructions reached its lowest level in four years, according to the RICS Residential Market Survey. A net +33 of respondents expect rent rises in the next three months. Though high, this is the lowest reading since 2021. Despite this shift, JLL expects a continued imbalance and anticipates rent increases across all markets year-on-year for the next five-year period. According to our updated forecast, which account for 2024 as an election year, rents are expected to rise by 4.5% nationally in 2024, with growth of 18.8% between 2024 and 2028.For more on our updated forecasts please download <a href="https://jll.box.com/s/ah2dmf602p106bio8l3gec6j7hh7pyfo">here</a>

JLL Residential Forecasts 2024-2028 update

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1. South Bank ParklandsSouth Bank Parklands was one of my go-to spots, whether for a relaxing day out or a fun-filled adventure with friends.<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1716389876/resi/international/Insights/Living-In-Brisbane.jpg" v:shapes="Picture_x0020_1" />Streets Beach: This man-made beach in the heart of the city is absolutely perfect for those hot Brisbane days. I loved spending lazy afternoons here, cooling off in the water and soaking up the sun.&nbsp;Cultural Venues: The Queensland Art Gallery and Gallery of Modern Art (QAGOMA), Queensland Museum, and the State Library of Queensland were regular haunts for me. They always have fascinating exhibitions and events. Dining: The riverfront dining options are fantastic. From casual eateries to high-end restaurants, South Bank has it all. I particularly enjoyed the weekend markets, where you can find amazing local produce and unique artisanal goods.Entertainment: The Wheel of Brisbane offers stunning views, especially at sunset. South Bank also hosts various festivals, concerts, and outdoor movie nights, making it a lively place to visit any time of the year.2. Cycle or Walk Along the Brisbane RiverwalkThe Brisbane Riverwalk is perfect for staying active while enjoying the city&rsquo;s natural beauty.Cycling: Renting a share bike (or scooter) and riding along the river was one of my favorite activities. The scenic views of the city skyline and the Story Bridge are simply breathtaking. Walking: The Riverwalk is equally great for a leisurely stroll or jog. With plenty of benches and shaded spots, it&rsquo;s an ideal place to unwind. I loved jogging here during the early evenings &ndash; the city views are amazing and can be reached from
 Kangaroo Point.Water Activities: Kayaking or paddleboarding on the Brisbane River offers a unique perspective of the city. There are several rental spots and guided tours available, making it easy to explore the river.3. Discover Fortitude Valley&rsquo;s NightlifeFortitude Valley, or &ldquo;The Valley,&rdquo; is Brisbane&rsquo;s nightlife hub and was my favorite place for a night out.Live Music: The live music scene in The Valley is incredible. Venues like The Tivoli and The Triffid host fantastic gigs, and there&rsquo;s always something happening. I discovered so many great bands and artists there.Bars and Clubs: The Valley is packed with trendy bars and clubs. Whether you want to enjoy cocktails at a rooftop bar with stunning city views or dance the night away at an underground club, The Valley has something for everyone. Felon&rsquo;s is just
 across the Story bridge and has a lot of good food options and lawn seating great for a lazy weekend afternoon with a great view of the story bridge and the city.Dining: The food scene in The Valley is just as vibrant as the nightlife. From gourmet restaurants to street food stalls, there&rsquo;s so much to explore. Chinatown is a must-visit for authentic Asian cuisine.4. Visit the Brisbane City Botanic GardensThe Brisbane City Botanic Gardens was my go-to spot for some peace and tranquility in the city. <img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1716389879/resi/international/Insights/Living-In-Brisbane2.jpg" v:shapes="Picture_x0020_1" />Gardens: Wandering through the beautifully landscaped gardens was always a treat. With exotic rainforest trees and colorful flowerbeds, it&rsquo;s a perfect place to relax and recharge.River Access: The gardens are situated along the Brisbane River, offering picturesque views. Sometimes I&rsquo;d bring a kayak and paddle along the river or take a river cruise to see the city from a different angle.Events and Activities: The Botanic Gardens host various events like guided walks, workshops, and outdoor yoga classes. It was always fun to join in on these activities and meet new people.5. Shop and Dine at Queen Street MallQueen Street Mall is an outdoor / indoor shopping &amp; dining area in the heart of the city. <img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1716389876/resi/international/Insights/Living-In-Brisbane3.jpg" v:shapes="Picture_x0020_1" />Shopping: The mall has everything you need, from high-end boutiques to local shops. I loved wandering around and discovering unique items. Dining: The dining options are endless, from casual cafes to fine dining. Whether you&rsquo;re in the mood for a quick snack or a gourmet meal, you&rsquo;ll find it here. The mall often has live entertainment, which adds to the lively atmosphere, too.6. Escape to the Sunshine and Gold CoastsOne of the best things about living in Brisbane is its proximity to some of Australia&rsquo;s most beautiful coastal areas.<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1716389884/resi/international/Insights/Living-In-Brisbane4.png" v:shapes="Picture_x0020_1" />Sunshine Coast: Just a short drive north, the Sunshine Coast is perfect for a day trip or weekend getaway. I loved visiting places like Noosa, with its stunning beaches, great surf, and vibrant dining scene. The coastal walks and national parks are fantastic
 for hiking and spotting wildlife.Gold Coast: Head south, and you&rsquo;ll find the Gold Coast, famous for its surf beaches, theme parks, and nightlife. Surfers is always bustling with energy, and the beachfront markets are great for a stroll. I also enjoyed exploring the hinterland,
 with its rainforests and scenic lookouts.7. Hiking in the Glass House MountainsIf you love the outdoors, you&rsquo;ll find plenty of hiking opportunities around Brisbane, and the Glass House Mountains are a standout.Hiking Trails: The Glass House Mountains offer a range of trails for all levels of hikers. Mount Ngungun is one of my favorites, with a relatively easy climb and rewarding views from the top. It&rsquo;s a great spot for a sunrise hike.Nature and Wildlife: The area is rich in natural beauty and wildlife. Keep an eye out for native birds and enjoy the tranquility of the forests. The hiking trails are well-marked and maintained, making it a safe and enjoyable experience.Day Trips: The Glass House Mountains are just an hour&rsquo;s drive from Brisbane, making them perfect for a day trip. Pack a picnic and enjoy a day immersed in nature.Final ThoughtsLiving in inner-city Brisbane was an absolute joy &ndash; something I&rsquo;ll definitely do again! The city&rsquo;s vibrant energy and endless activities made every day an adventure. Whether you&rsquo;re exploring cultural venues, enjoying the nightlife,
 taking day trips to the coast, or hiking in the mountains, there&rsquo;s always something fun to do. Brisbane is a fantastic place to live. If you ever get the chance to experience it, I highly recommend it!

Living in Inner City Brisbane: Top 7 Fun Lifestyle Activities

Here are some of my favorite activities and spots that made living in Brisbane so memorable.

Hey there! I used to live in Kangaroo Point, I really enjoyed living along the river and the inner city lifestyle, as well as being a short drive to beaches and the countryside. It was one of the most vibrant, relaxing and exciting places to call home. Here are some of my favorite activities and spots that made living in Brisbane so memorable.

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<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1714129880/resi/international/Insights/Barratt_Royal_Gateway.jpg" v:shapes="Picture_x0020_1" />Following an increasing demand seen for UK investment opportunities, UK&rsquo;s leading property developer, Barratt London, will be launching Royal Gateway to Hong Kong investors on 11th and 12th May 2024. Royal Gateway is located
 in the popular hotspot of Acton, in the thriving London Borough of Ealing. The development will offer 300 new apartments with a range of amenities and access to White City in 5 minutes, Paddington in 7 minutes, Bond Street in 11 minutes and Heathrow
 Airport in less than 20 minutes. The area&rsquo;s regeneration plans include a new high street and two major campuses for Imperial College.Following the success of its now fully completed Western Circus development nearby, Barratt London is launching off-plan sales for its latest project with first completions due in 2026. The four-acre brownfield site will be transformed into 300 one, two
 and three-bedroom apartments and penthouses.&nbsp;Set amongst landscaped gardens and benefitting from a host of amenities, the development will offer three private roof terraces with sweeping views of the Capital, concierge, gym, residents&rsquo; lounge and play areas. While these may be commonplace
 in prime central London, the provision of a resident&rsquo;s lounge is less common for Zone 3 and will help to provide future residents with convenience and peace of mind.<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1714129880/resi/international/Insights/Barratt_Royal_Gateway2.jpg" v:shapes="Picture_x0020_1" />Royal Gateway is set across six red and buff brick buildings, reaching up to 16 storeys and providing panoramic views across London. Notable architects Allies and Morrison have designed most of the apartments to offer dual aspect and all courtyard facing
 homes are surrounded by green open spaces. In a nod to the development&rsquo;s regal title, each building will be named after a different gem cut &ndash; the first phase named Marquise Residences.Inside, every home will be bright and inviting, with large windows, designed to let in plenty of natural light. Living spaces open onto a balcony or terrace, extending living spaces and helping to bring in the outdoors. With Barratt London&rsquo;s careful
 attention to detail and finishes on the inside, the layouts offer versatile living space with room for a home-working area to suit hybrid workers.<img src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1714129880/resi/international/Insights/Barratt_Royal_Gateway3.jpg" v:shapes="Picture_x0020_1" />North Acton is set to undergo huge regeneration over the coming years, with &pound;26 billion earmarked for its future. The wider 1,600-acre regeneration masterplan is the largest of its kind in the UK. Alongside thousands of new homes, the regeneration includes plans for a new high street and two major campuses for Imperial College. Since work began on the Elizabeth Line (formerly Crossrail) in 2009, average prices in W3 have jumped 117%, according to JLL, to an average of &pound;675,000. This rise outperforms the rest of Ealing, up 98% in the same period, and the London average of 104%. Elizabeth Line postcodes have also seen a steep rise in rental yields with a 19% hike for homes near the Acton Mainline in the last year.[1]Ealing is the fourth largest borough in London in terms of population size and has seen growth of 8.5% in the decade to 2021 (higher than the England average of 6.6%), marking the popularity of this diverse, multicultural and vibrant part of London. The borough is also affectionately known as &lsquo;Queen of the suburbs&rsquo;. By 2046, the number of households in Ealing is projected to have grown by 23% in 25 years, so there is likely to be significant, ongoing demand for rental property in the area[2].Part of the reason for the area&rsquo;s popularity are the fantastic transport connections, so being car-free is an easy lifestyle choice to make. The area acts as a gateway to London. Royal Gateway is a short walk to North Acton tube station on the ultra-convenient Central Line and also Acton Main Line station, served by the new Elizabeth Line, offering services to White City, Bond Street, Canary Wharf and London Heathrow Airport. Once HS2 is fully operational, nearby Old Oak Common will be the best-connected and largest railway station ever built in the UK. The new super-hub will provide high-speed rail services to the Midlands, Scotland, the North, alongside Wales and the South-west, with additional access to central London and Heathrow via the Elizabeth Line.Acton also offers a great place to live and work, with major companies such as clothes brand Boden, Danone, PepsiCo and Paramount Pictures based in Acton or the nearby Chiswick Business Park. Churchfield Road, in the heart of Acton, is home to a number of independent shops and cafes. Families will be impressed by the wide selection of schools, with 152 schools in the Acton area rated as Outstanding or Good by Ofsted within a three-mile radius. It is also within two miles of the Imperial campus at White City.Acton residents are surrounded by wonderful, nearby neighbourhoods such as Notting Hill, White City, Shepherds Bush and Ealing. As a borough, 44% of Ealing&rsquo;s land area is covered by green space, including Acton Park, with its putting green, skatepark and tennis courts and the 24 green flag rated parks and wide-open spaces, including North Acton Playing Fields. The borough of Ealing came in fifth place in the whole of London for biodiversity according to a study of trees reported by CBRE.Barratt London already has a proven track record in Acton after the completion of Western Circus, a scheme that helped kickstart the area&rsquo;s transformation. Following on from that success, Royal Gateway brings thoughtfully designed, high-quality apartments created for those who prize community, connectivity and having everything at their fingertips.Craig Carson, Managing Director at Barratt West London, said: &ldquo;Acton is one of London&rsquo;s most well-connected spots, with a plethora of fast transport links that will only be boosted once Old Oak Common opens. Royal Gateway will build on an already vibrant community, providing a diverse range of housing options for everyone from young professionals to investors. With the potential for good capital growth and high rental demand for investors, we anticipate strong demand for new homes when we launch off-plan in May.&rdquo; Neil Bowron, Senior Director at JLL adds: &ldquo;With an exceptional design, amenities and location, this latest launch from Barratt London is not only a prime investment product, but with its capital value it is the perfect owner/occupier opportunity too. What&rsquo;s more, property values in Acton have experienced consistent price growth over the last five years rising by 40% and outperforming Greater London by 13%. All eyes are definitely on Acton at the moment, with &pound;26bn being invested in the local area, the new High Speed 2 super-hub opening at Old Oak Common, combined with ease of access to Imperial College, we believe that real estate in North Acton will continue to offer a solid investment proposition.&rdquo; There are 300 new homes at Royal Gateway, from one-bedrooms to three-bedroom family homes, each one with a balcony or terrace. Prices start from &pound;450,000. To find out more, WhatsApp JLL: <a href="https://wa.me/85293163620">https://wa.me/85293163620</a>.&nbsp;

Barratt London Launches Royal Gateway

Barratt London's latest development provides Hong Kong investors with a unique investment opportunity to be part of the biggest regeneration project in the UK

Barratt London's latest development provides Hong Kong investors with a unique investment opportunity to be part of the biggest regeneration project in the UK

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Residential Roundup

<div>There are few who would question the need to deliver more homes. Research from Centre for Cities suggests Britain has a 4.3 million home deficit compared with the average European country. Meaning we would need to build almost 450,000 homes per annum over the next 25 years to satisfy future demand and address the historic deficit. At present we struggle to hit 200,000.</div>

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Residential Roundup - 1 September

Picking through the array of economic indicators and deciphering what this might mean for the UK economy

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<h2>Q2 2023 Sales Index </h2>The JLL Prime Central London Index saw prices fall for the third consecutive quarter.&nbsp; The Q2
 2023 index recorded a quarterly fall of 2.1%, with prices 5.9% down compared with the same period in 2022. Prices are
 now 6.8% lower than
 they were when prices peaked in the third quarter last year.&nbsp; The upper echelons of London&rsquo;s prime market are proving more resilient. With prices down 0.8% in the 12 months
 to June 2023 compared with a 6.7% fall in homes priced at under &pound;2 million (likely to be most impacted by
 changes in interest rates).
Despite sentiment impacting prices we saw deals agreed (exchanges) increase in an admittedly slow Q1 this quarter,
 with a 28% increase in sales in Q2 2023.&nbsp; With volumes on par with Q2 2022 (down -1.2%). Stock levels rose in Q2, with 8.3% more properties on the market than in Q2 2022 and 9.7% more than at the end of the
 first quarter this year. Stock on the market is now at the highest level since the end of Q2 2020. <h2>Q2 2023 Lettings Index</h2>The uncertainty which is hampering activity in the sales market often has the opposite effect on
 lettings. With households more likely to stay in rented for longer or choosing to rent when delaying their decision
 to buy. Just over half
 (51%) of JLL deals agreed in Q2 2023 were renewals, up from 45% a year ago and 24% in Q2 2021. This was the highest
 rate of renewal since Q2 2020. The number of new lets rose this quarter compared with last, up 13%.&nbsp; But the second quarter is usually more
 active than the first. Comparing new lets agreed (excluding renewals) in the second quarter this year with Q2 last
 year showing there were
 18% fewer deals agreed, with the number agreed down 35% compared with the Q2 five-year average.This quarter the JLL Prime Central London Index saw rents rise by 1.9%, with rents 5.4% higher than they were at the
 same point a year ago. Small flats (1 and 2 beds) saw this highest annual increase in rents at 6.7% whereas more
 expensive properties
 (&pound;3,000 per week or more) saw a more modest 2.9% annual increase. Rents are now 26% higher for one-bedroom flats (which have seen the highest growth) than they were three years ago at
 the end of Q2 2020. With the JLL Prime Central London Rental Index 19.2% higher overall over the last three years.
For prospective tenants having to contend with low stock levels there appears to be some respite as we move into the
 summer. Stock levels are starting to increase, albeit off a low base. With the number of rental properties listed to
 let at the end of
 Q2 2023 up 13.8% on the same point in 2022. But volumes remain 55% down on levels we were seeing pre-pandemic in Q2
 2019. <h2>All Source: JLL/ LonRes</h2>Our JLL Prime Central London Index is based on a &lsquo;basket&rsquo; of properties, valued by JLL at the end
 of each quarter. Director of UK Residential Research at JLL, Marcus Dixon, explains: &ldquo;The implications of stubborn inflation on the UK mortgage market are hampering activity in prime central
 London. While fewer buyers are heavily indebted - almost half buy cash - uncertainty surrounding the short-term
 outlook is impacting prices. &ldquo;The lettings market remains competitive, stock levels have improved on their 2022 lows but there are still
 more prospective tenants than there are properties. This has resulted in further rent increases this quarter, with
 rents almost 20% higher than they were in 2020.&ldquo;The lower end of the rental market continues to see a steady stream of (formerly) prospective buyers
 moving across into lettings. With smaller properties, mainly one- and two-bedroom flats, recording the highest
 annual increase in rents, while prices for similar properties are seeing more significant falls than homes in more
 expensive price bands.&rdquo;

JLL – Prime Central London (PCL) Index – Q2 2023

The recent rise in interest rates does not impact all sectors of the housing market equally.

Prime Central London (PCL) Index – Q2 2023

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The housing market remains more resilient than many had anticipated. The latest results from the RICS Survey show market conditions remain challenging, with agents still expecting prices to fall in the coming months in response to higher borrowing costs and uncertain market sentiment. But the outlook for the next 12 months remained more positive. 
Over the longer term there is a clear commitment from both Labour and the Conservatives to support home ownership. But until we see rates top out, we expect the market to continue to tread water. This means lower levels of activity, but prices will, we expect, remain more resilient as a lack of distress and high levels of equity act as a buffer to more challenging economic conditions. 
<h2>The economy</h2>
The outlook for the UK economy is improving, with the IMF upgrading their 2023 UK forecast. Echoing recent announcements from the Bank of England the IMF no longer expects the UK will fall into recession this year, with their latest forecasts expecting
 GDP will rise in 2023. Growth is expected to be modest at +0.4% but reflects a welcome venture into positive territory following the previous -0.3% forecast in April. This improved outlook means the UK no longer sits at the bottom of the list of G7
 economies for 2023, now moving ahead of Germany.
But inflation is still proving stickier than many had hoped. Rates have fallen, with single digit annual increases for the first time since August 2022. It was always anticipated that rates would drop back this month, with the impact of rising energy
 costs priced into rates a year ago, but the 8.7% annual increase remained higher than the Bank of England and many forecasters had anticipated.
Further falls in energy costs in the coming months will help to bring inflation down further, but annual food price inflation remains at 19.1% according to the latest ONS figures.
Core inflation (calculating the rise in costs when energy and food, alcohol and tobacco are stripped out) rose by 6.8% in the year to April, up from 6.2% in March. With the recent increase in five-year swap rates and stubbornly high inflation meaning
 a further rise in Bank Rate at the June MPC appears more likely.
<h2>New development</h2>
Activity in the new homes market remains muted. While schemes on site continue to deliver homes, levels of new starts have dropped and activity in the sector has been more subdued in Q1. The National House Building Council (NHBC) reported new build completions
 fell 7% annually in Q1 2023 but the number of new homes registered to be built fell 40% to less than 28,000. This follows news that new applications in 2022 fell 14% on 2021 levels, now at their lowest level since 2006, according to figures from the
 DLUHC. In London, Molior reports constructions starts down 43% on Q1 2022.
<h2>House prices</h2>
Considering the considerable change that has been thrust upon the UK housing market this year it remains remarkably robust. Activity has dropped back, but we are starting to see the reaction to the initial interest rate and sentiment shock following the
 mini budget recede, as prospective buyers re- enter the market. With time on the market and mortgage approvals all starting to recover from the lows of late 2022 and early 23.
Low levels of unemployment, wage growth (albeit mostly below inflation), and more equity within the market all mean forced sales are less prevalent. But for those who are looking to transact in this market there does need to be some realism about prices
 and additional cost facing purchasers.
The latest Land Registry figures show all regions saw a monthly fall in prices in March, with prices UK wide 1.2% lower than in February, the fourth consecutive monthly fall. Prices are now 2.4% below their November peak but remain 4.1% higher than they
 were a year ago.
After seven consecutive monthly falls the Nationwide reported house prices rose 0.5% in April, but prices dropped back marginally in the latest May figures, down 0.1% month-on-month with prices falling annually by -3.4%, now -4% lower than they were at
 the peak last summer. The Halifax reported at -0.3% fall in April, following a rise of 0.8% the previous month, with prices on par (+0.1%) with April 2022. First time buyer activity is proving more resilient than expected, with a competitive rental
 market driving those who can to buy instead.
Falls in achieved prices show higher rates and rising costs are impacting the housing market, although both activity and prices appear more resilient than many had expected. The latest figures from Rightmove show asking prices rose in May, up 1.8%, higher
 than the usual 1.0% May figure.
Uncertainty over rates appears to have put the brakes on the recovery in mortgage approvals posted in March. Seasonally adjusted figures from the Bank of England showing the number of mortgages approved for house purchase fell by 5%, from 51,500 in March
 to 48,700 in April. The average rate on new mortgages rose to 4.46% in April, up 5 basis points on March figures. Overall borrowers repaid &pound;1.4bn more than was lent in April 2023, which aside from the pandemic was the biggest net repayment on
 record.

<h2>Rents</h2>
The rental market continues to record near double digit growth in rents on new lets. The Homelet Rental Index showing annual rental growth remains strong at 9.9% across the UK in April 2023, with a current average rent of &pound;1,199, 1.3% higher than
 the March figure. London saw rents rise annually by 11.0%, with average rents on new lets exceeding &pound;2,000 per month. Scotland saw the highest annual increase, with rents on new lets rising 12.1%.
<h2>Global view</h2>
In the US, the Federal Reserve increased its key interest rate by 25 basis points, pushing its benchmark rate to between 5% and 5.25%. This is the tenth time rates have increased since March 2022. Rates could be topping out though with the Fed hinting
 at a pause on further rate rises when they next meet in June.
Singapore has announced a doubling of its Additional Buyer Stamp Duty. Overseas buyers purchasing a property in Singapore will now pay 60% tax on their purchase, with those buying using a trust will pay 65%. Permanent residents buying second homes in
 the city will also pay more.
<h2>What&rsquo;s new from JLL</h2>
Our latest Prime Central London report shows rents rose again in Q1 2023, but prices have dropped 4.3% compared with Q1 2022. Read more <a href="https://residential.jll.co.uk/insights/research/prime-central-london-q1-2023">here </a>
<h2>JLL Research | May 2023</h2>
JLL is a leading global professional services firm specialising in real estate and investment management, with $16.6bn annual revenue in 2020, operations in over 80 countries and a global workforce of over 90,000. With over 7,000 employees and 15 offices
 in the UK, we support our investor, developer and occupier clients at every stage of the property lifecycle across both commercial and residential asset classes. This includes land purchase, access to capital, planning, development advisory, leasing,
 building management and sales.
JLL&rsquo;s Residential and Living team consists of over 300 professionals who provide a comprehensive end-to-end service across all residential property types, including social housing, private residential, build to rent, co-living, later living, healthcare
 and student housing.
Disclaimer: &copy;2023 Jones Lang LaSalle IP, Inc. All rights reserved.Data within this report is based on material/sources that are deemed to be reliable and has not been independently verified by JLL. JLL makes no representations or
 warranties as to the accuracy, completeness or suitability of the whole or any part of the report which has been produced solely as a general guide and does not constitute advice. No part of this publication may be reproduced or transmitted in any
 form or by any means without prior written consent of JLL. JLL, its officers, employees shall not be liable for any loss, liability, damage or expense arising directly or indirectly from any use or disclosure of or reliance on such report. JLL reserves
 the right to pursue criminal and civil action for any unauthorized use, distribution or breach of such intellectual property.

JLL Residential Market Update – May 2023

market-update-may-23

The housing market remains more resilient than many had anticipated. The latest results from the RICS Survey show market conditions remain challenging, with agents still expecting prices to fall in the coming months in response to higher borrowing costs and uncertain market sentiment.

The housing market remains more resilient than many had anticipated. The latest results from the RICS Survey show market conditions remain challenging, with agents still expecting prices to fall in the coming months.

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Spotlight on Cambridge

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JLL Residential - Spotlight on Cambridge&nbsp;

JLL Residential - Spotlight on Cambridge

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Affordable and attractive London hotspots for First Time Buyers

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House prices have risen significantly nationally over the last three years, and it feels as if the first step onto the housing ladder has become more challenging. Despite this, the dream of owning their first home for many is not dwindling.

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<a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1683722906/resi/gb/Articles/PDFs/PCL_Report_Q1_2023_-_V8.pdf" target="_blank"><button class="Button primary" style="text-align:center;">Download full report</button></a>
A higher proportion of homes bought with cash and a sustained lack of stock in the most sought-after locations means Prime Central London (PCL) is less tied to fluctuations in UK mortgage rates. However, the central London market is not
 immune to changes in economic conditions, with sentiment rather than interest rates often having a greater impact on activity and pricing. And while Prime Central London is less reliant on debt the discretionary nature of many purchasers buying decisions
 means PCL is often more reactive to changes in sentiment and economic headwinds than mainstream, both when prices fall and when they increase.
&nbsp;For the rental market, uncertainty often increases demand with prospective purchasers holding off on their decision to purchase and renting or remaining in rented instead. We continue to see demand outstripping supply for prime homes, but there
 is more balance in the market this year than we have seen over the last 12 months. Stock levels, while still significantly lower than the pre-pandemic norms have improved, and rental growth recorded in the Q1 2023 JLL Prime Central London Index has
 returned to single rather than double digit annual growth.
<a href="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1683722906/resi/gb/Articles/PDFs/PCL_Report_Q1_2023_-_V8.pdf" target="_blank"><button class="Button primary" style="text-align:center;">Download full report</button></a>

Prime Central London – Q1 2023

PCL_2[1]

How has the Prime Central London (PCL) housing market performed so far this year, and how much of an impact will the ongoing economic headwinds have on the sector?

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2022 was a record-breaking year for Prime
Central London (PCL). Buyers spent almost &pound;5.2
billion on homes last year, 9% higher than in
2021, already a strong year, and the highest
amount spent for more than ten years. Even in
2014, when sales reached &pound;4.94 billion, 5% less
was spent than in 2022.&nbsp;<a href="https://res.cloudinary.com/drt5ol8ck/image/upload/v1673866400/videos/APAC%20Articles/JLL_PCL_Report_Q4_2022.pdf" target="_blank">Download Report</a>

Prime Central London Report - Q4 2022

thumbnail_Cover Photo - UK Report

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Final phase of Triptych Bankside in London released, with launch of East Building, following phenomenal sales success this year&nbsp;HONG KONG, 9 November 2022 &ndash; Having secured more than &pound;150m worth of residential sales so far this year at Triptych Bankside, JTRE London will further boost its position as London&rsquo;s fastest selling riverside development
 with the launch of the East Building, the final phase of the scheme in Hong Kong on Wednesday 17th November. <img width="599" height="719" src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1668123864/resi/international/Content%20pages/Articles/cr1.jpg" v:shapes="Picture_x0020_3" /> Located on the South Bank, at the heart of one of London&rsquo;s most culturally rich districts, the game changing Triptych Bankside mixed-use scheme consists of three distinctive sweeping towers. The &pound;450m development was designed by internationally
 acclaimed architects Squire &amp; Partners, and features 169 luxury apartments in two blocks, 87,000 sq ft of office space in a third, plus 9,900 sq ft of retail. &nbsp;Triptych Bankside neighbours landmark buildings such as the world-class art venue Tate Modern, the world-renowned theatre Shakespeare&rsquo;s Globe and the culinary hotspot at Borough Market, one of the largest and oldest food markets in London. Key transport
 links are within easy walking distance, including four tube stations plus London Bridge mainline station in under 10 minutes, as well as the Millennium Bridge giving a scenic walking route into the City. <img width="599" height="250" src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1668123862/resi/international/Content%20pages/Articles/cr2.jpg" v:shapes="Picture_x0020_4" />&nbsp;All apartments benefit from spacious balconies, an emphasis on quality of the finishes, generous room sizes, and spectacular views across London&rsquo;s distinctive panorama including the River Thames, the iconic St. Paul's Cathedral and the City of London
 financial district. &nbsp;Nigel Fleming, Sales &amp; Marketing Director of JTRE London, said: &ldquo;The launch of the East Building is a significant milestone and emphasises the achievements during an incredible year. As the world&rsquo;s most international and connected financial
 centre, as well as being a culturally vibrant city offering excellent education facilities, London continues to be an astute place to live and invest. Even more so now with the historic weakness of the pound against the Hong Kong dollar. This is an
 ideal time to buy into a development which is nearing completion with great appreciation or yield potential.&rdquo;&nbsp;As part of its visionary goal to bring unforgettable appeal to the Southbank development, the scheme features multiple private lounges, games room, private 14-seat in-house cinema, 24-hour reception and concierge, and communal landscaped gardens. The
 aim is a holistic lifestyle offering where experience and wellbeing comes first. Reflecting a growing need for flexible working, a co-workspace will provide multiple plug-and-play workstations and super-fast broadband. <img width="599" height="321" src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1668123863/resi/international/Content%20pages/Articles/cr3.jpg" v:shapes="Picture_x0020_5" /><img width="600" height="353" src="https://res.cloudinary.com/global-cms-assets-np/image/upload/v1668123863/resi/international/Content%20pages/Articles/cr4.jpg" v:shapes="Picture_x0020_6" /> For both residents and external visitors, The Font combines Olympic-standard climbing walls, a fitness gym and an area to eat and relax with a focused on &lsquo;climb, train, connect&rsquo;. Also, ethical coffee company, 92 Degrees, is opening its
 first location in southern England and chose Triptych Bankside as the best place to be. Freya Watson, Director within JLL&rsquo;s International Development team comments, &ldquo;Riverside developments are becoming increasing popular amongst prospective buyers and JLL recently reported that a view over the river carries a significant premium
 with residents paying on average 41% more for riverside properties in SE1 compared to non-riverside properties in the same postcode. Combine this with the weaker Sterling exchange rates continuing to make London an attractive proposition for overseas
 buyers (providing them with the opportunity to buy properties at a much lower comparative price than those buying in Sterling), there has never been a more opportunistic time for international buyers to invest in a London development, least not one
 that is positioned in a vibrant neighbourhood and encompasses so much of what buyers want from their homes today.&rdquo;&nbsp;Another reason we have had such a successful year is the location, where residents have an abundance of cultural venues on their doorstep, the River Thames is moments away and all within walking distance of The City.&nbsp; The show apartments give a wonderful
 sense of what Triptych would be like to live in and we have seen buyers, more suited to areas such as Mayfair and Chelsea realise that the Southbank has so much to offer to their lifestyle.&nbsp; With completion being only months away overseas buyers
 can take advantage of the weak pound and with the strength of the London rental market showing no sign of stopping, now is the perfect time to purchase in the last phase of Triptych.&rdquo;&nbsp;JTRE London was founded in September 2019 by one of Central Europe&rsquo;s leading property developers, J&amp;T Real Estate, which is currently celebrating its 25th anniversary. The Slovakia headquartered firm has real estate projects in nine countries
 having developed and managed some 11 million sq ft of space with a gross development value of over &pound;1.6bn. Prices at Triptych Bankside start from &pound;995,000 for a one-bed apartment. For further information about Verdica and the
 exhibition, please contact JLL on Tel: +852 3759 0909 or email: <a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>, or visit our website: <a href="https://internationalresidential.jll.com.hk/sale-development/triptych-bankside/london-a0O8W00000EiMbNUAV">https://internationalresidential.jll.com.hk/sale-development/triptych-bankside/london-a0O8W00000EiMbNUAV</a>&nbsp;

Final phase of Triptych Bankside in London released, with launch of East Building, following phenomenal sales success this year

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Final phase of Triptych Bankside in London released, with launch of East Building in Hong Kong on Wednesday 17th November.

<div>Final phase of Triptych Bankside in London released, with launch of East Building, following phenomenal sales success this year</div><div> </div><div>HONG KONG, 9 November 2022 &ndash; Having secured more than &pound;150m worth of residential sales so far this year at Triptych Bankside, JTRE London will further boost its position as London&rsquo;s fastest selling riverside development with the launch of the East Building, the final phase of the scheme in Hong Kong on Wednesday 17th November.</div><div> </div>

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<h3>An oversea buyer&rsquo;s guide to investing in Prime properties in London, UK</h3>
Luxury properties in Prime Central London (PCL) present a solid investment opportunity for overseas buyers.
The financial and political stability that London affords means that, with the right advice and preparation, investing in London property could result in a springboard for your investment portfolio, a secure pension, or a route to setting your family
 up for the future. 
Whatever your investment goals, this expert guide is designed to help. Explore the potential opportunity when investing in <a href="https://residential.jll.co.uk/prime-collection">Prime Central London real estate</a>, the attractions
 that make PCL such a desirable place to buy, and the mechanics of buying a UK property as an overseas investor or non-UK citizen.&nbsp;
<h3>What is the size of the opportunity in Prime London properties for an investor?</h3>
Prime Central London real estate &ndash; sales growth
According to the <a href="https://residential.jll.co.uk/insights/news/prime-central-london-q1-2022">JLL Prime Central London Sales Index</a> &ndash; our quarterly study into how the PCL market is performing, there was a 3.3% annual
 increase in achieved prices in Q1 2022, with prices up 0.6% on Q4 2021. Achieved prices for Q1 2022 came in at 4.7% higher than pre-pandemic (Q1 2020).
The same study showed a 7% annual increase in sales, making Q1 2022 the busiest Q1 for five years. Activity was predominantly driven by properties listed at between &pound;2million and &pound;5million, with sales up by a quarter (25%) on Q1 2021.
Post-pandemic, Londoners continue to make the return to the office, on a full time or flexible working basis, which in turn is driving demand for <a href="https://residential.jll.co.uk/prime-collection">Prime Central London flats</a>.
 Between January and March 2022, we saw a rise of 13% in the number of PCL flats sold, compared to Q1 2021.
With Prime Collection properties commanding strong prices, there continues to be opportunity for overseas investors who are looking to own and occupy or buy to let.
Prime Central London real estate &ndash; lettings growth 
Now is a good time to invest in the buy to let Prime Central London real estate market. Our <a href="https://residential.jll.co.uk/insights/news/prime-central-london-q1-2022">JLL PCL Rental Index</a> recorded a 15% increase in
 rents achieved &ndash; the highest annual rise in more than 10 years. 
This 15% annual increase in achieved rents also put Q1 2022 3.1% higher than Q1 2020, pre pandemic, proving that the rise wasn&rsquo;t the result of a pandemic dip. 
As always, there is movement out of and within Central London, with renters negotiating a competitive market. In 2021, some PCL tenants were in a strong position to negotiate significant rent reductions. In 2022, we are seeing many tenants appreciate
 how competitive the Prime Central London rental market is and therefore paying more to stay in exclusive locations. 
JLL research shows an 18% annual increase in the number of rent renewals across Prime Central London in Q1 2022, compared with Q1 2021, during the pandemic.&nbsp;
Attractions in Prime Central London that make this area a unique investment opportunity 
London&rsquo;s mix of the historic and the modern makes the city a truly unique place to explore, invest in and live. There is an overview of the local area and property types in Knightsbridge, Kensington &amp; Chelsea, Mayfair, Marylebone, Belgravia,
 and Westminster in: <a href="https://residential.jll.co.uk/insights/research/guide-to-investing-in-prime-properties-london-uk-jll">&lsquo;Are luxury properties in Prime Central London a good investment?&rsquo;</a>.
 
Prime Central London covers the following six areas:
<ol>
 <li>Knightsbridge </li>
 <li>Kensington &amp; Chelsea</li>
 <li>Mayfair</li>
 <li>Marylebone</li>
 <li>Belgravia</li>
 <li>Westminster </li>
</ol>
 To make sure you find the right property, in the right area, at the right price, it is critical to work with trusted experts who have in-depth knowledge of the Prime Central London real estate market.&nbsp;
The mechanics of buying Prime properties in London as an overseas investor 
According to research published in Showhouse1, overseas investment in <a href="https://residential.jll.co.uk/prime-collection">Prime Collection properties</a> collectively brought an estimated &pound;1,188million to
 the Prime Central London market in 2020. Of Prime transactions in 2020, 11% came from French nationals, 9.2% came from Hong Kong and the USA, 8.3% from China, and 7.3% from India. 
Here, we answer some frequently asked questions from overseas buyers: 
-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Can a foreigner invest in UK property? 
Yes. In 2020, more than 40% of investment in Prime Central London&rsquo;s luxury properties came from overseas investors. Residential estate agents like <a href="https://residential.jll.co.uk/">JLL</a> are well versed in guiding
 overseas buyers through the UK buying process. 
-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; What do overseas buyers need to know about the UK buying process? 
The estate agency you partner with (i.e. JLL) and the conveyancing solicitor you appoint are both critical to this process. Once you&rsquo;re ready to buy, the amount you are offering to pay (your &lsquo;offer&rsquo;) is presented to
 the seller by the estate agent. You will need to be able to prove how you will fund your offer, how quickly you are looking to &lsquo;exchange&rsquo; and &lsquo;complete&rsquo; (more on these below), and who your solicitors are. 
If your offer is accepted by the seller, your solicitor will carry out the conveyancing process on your behalf. This is complex, but, in brief, your solicitor will carry out &lsquo;searches&rsquo; of the Land Registry and Local Authority
 records to examine the planning history and to look for any potential developments surrounding the property. You will also need to instruct a property surveyor to check the structural strength of the property &ndash; this is known as getting a &lsquo;survey&rsquo;.
 &nbsp;
 
Next, the seller&rsquo;s lawyers draft a sale agreement (also known as a &lsquo;contract&rsquo;), which, once agreed by both parties, is signed by you and them. The signed sale agreements or contracts are then exchanged between your lawyers
 and theirs. This is known as &lsquo;exchange&rsquo; and means you are legally bound to proceed with the purchase and pay a deposit. 
The next step is to &lsquo;complete&rsquo; on the purchase, at which point you pay the balance of the purchase price and formal documents will be signed and dated, transferring the property from the seller to you. Your proof of ownership, known as &lsquo;title deeds&rsquo;,
 can then be found on the public register at the Land Registry. 
It is important to be aware that there are different types of ownership in the UK. Freehold means you own it completely, and leasehold means there is a time limit on the number of years you will own it for. However, many
 leaseholds are very long (up to 999 years) and freeholds can also be purchased if the freeholder is open to selling it. 
Once you have completed on a property and you become the legal owner of the property, you will be liable for Stamp Duty land tax, which is payable to the Land Registry within 30 days of completion. 
<a href="https://residential.jll.co.uk/#contactus">Get in touch</a> if you are considering buying in the UK for the first time and would like our experts to guide you through this process over the phone. 
-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Invest, or own and occupy? 
UK property tax laws can be complex, which makes it crucial to work with estate agents and conveyancing solicitors who can direct you through the process efficiently. 
Depending on whether you decide to invest in UK property to live in (own and occupy) or as an investment (buy to let), the tax implications will be different. 
Since 1st April 2021, UK non-residents purchasing residential property in England and Northern Ireland are required to pay a 2% Stamp Duty surcharge. This is in addition to: 
<ul>
 <li>The 3% Stamp Duty surcharge on purchases of &lsquo;additional&rsquo; dwellings. This could be property you are buying as a second home or as a buy to let property;</li>
 <li>The 15% Stamp Duty rate on property purchases more than &pound;500,000 by companies; and</li>
 <li>The Stamp Duty rate for UK home buyers. -&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Do you need UK residency to invest in London prime property? </li>
</ul>
 No, you don&rsquo;t need to be a UK resident to&nbsp;<a href="https://residential.jll.co.uk/prime-collection">buy Prime properties in London</a>, or anywhere else in the UK. Our experts can talk you through the buying process,
 tax implications, expected rental yields for buy to let investors, and much more.&nbsp;<a href="https://residential.jll.co.uk/#contactus">Get in touch</a>.
Share your investment goals with us and our <a href="https://residential.jll.co.uk/prime-collection">Prime Central London property experts</a> can help match you to the right type, value and location of property for your needs.

&nbsp;
<hr />
1&nbsp;<a href="https://www.showhouse.co.uk/news/foreign-buyers-make-up-over-40-of-londons-prime-property-market/">https://www.showhouse.co.uk/news/foreign-buyers-make-up-over-40-of-londons-prime-property-market/</a> 
<a data-sf-ec-immutable="">&nbsp;</a>

Guide to investing in Prime properties London, UK | JLL

An oversea buyer&rsquo;s guide to investing in Prime properties in London, UK

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<h3>Are luxury properties in Prime Central London a good investment?
</h3>
Property prices in Prime Central London (PCL) grew 8.1% in the year to February 20221, compared to Hong Kong, where residential property prices declined by 2.9%, to their lowest since January 20212. Hong Kong was also ranked as the
 least affordable housing market
 3 by Demographia, which assesses house prices in relation to income across 92 major housing markets in eight world nations4.
Prime Central London outperforms many major international markets
While house price growth in the UK in the year to February 2022 was strongest in Wales - with growth of 14.2%, <a href="https://residential.jll.co.uk/insights/news/prime-central-london-q1-2022">London property prices</a> continued
 to increase at a strong rate (8.1%) and England&rsquo;s capital city still boasts unrivalled attractions across the six Prime Central London locations.
As well as boasting strong post-pandemic growth, <a href="https://residential.jll.co.uk/prime-collection">Prime Central London real estate</a> has proven to be a less volatile investment than Hong Kong&rsquo;s, for example, during
 periods of financial crisis. According to a recent article, quoting house price drops during the 2008 credit crunch, London property prices dropped 11%, compared to 50% in Hong Kong and 77% in Singapore5.
PCL property prices are strong and growing compared to previous years
Our quarterly research shows that residential property prices in Prime Central London were up 0.6% in Q1 2022, compared to Q4 2021, and achieving prices that are 4.7% more than in Q1 2020. <a href="https://residential.jll.co.uk/prime-collection">Luxury London properties</a> listed for between &pound;2milion and &pound;5million saw particularly strength growth, with sales up 25% year on year.
The figures speak for themselves, but what are the non-financial benefits of investing in London?
The benefits of buying Prime Central London: A quick area overview
When it comes to investing in luxury London property, are you looking to own and occupy or buy to let? Your investment intentions will inform the best area to buy in and the right type of property for you.
Here&rsquo;s a quick area overview of the six Prime Central London locations.
Knightsbridge
Possibly the most iconic of the six Prime Central London locations, Knightsbridge is home to a selection of high-end townhouses, unique mews properties, and luxury flats, all within touching distance of the luxury, opulence, and history of landmarks like
 Harrods, the V&amp;A, and the London Oratory.
Kensington &amp; Chelsea
A designer shopper&rsquo;s paradise, the London Borough of Kensington and Chelsea boasts stunning detached family homes and spacious terraces, all on the doorstep of the high-end boutiques and designer flagship stores lining the Kings Road and Sloane
 Square.

Luxury dining at the Borough&rsquo;s Michelin-starred restaurants (Bibendum, Elystan Street, and Kitchen W8) means you&rsquo;re spoilt for choice when it comes to fine dining. Properties in this area are also walking distance to the Saatchi Gallery, Chelsea
 Physic Garden, and Chelsea Embankment Gardens. Luxury properties in Kensington and Chelsea offer a feeling of space, opulence, and community within Prime Central London.
Mayfair
Featuring high ceilings and a true feeling of space, Mayfair&rsquo;s luxury flats often sit within stunning period properties that have been sympathetically converted to the highest specifications.
New build developments in Mayfair also put you close to some of London&rsquo;s most famous streets, sights, and shopping. From the designer flagship stores along Bond Street and the quintessentially British tailoring on Savile Row, to outdoor living at
 Hyde Park, and fine dining at Claridge&rsquo;s and Browns, owning a property in Mayfair will give you the very best of city London.
Marylebone
London is a collection of distinctive areas, each one boasting a unique character. Marylebone has built up a real village-like feel right at the heart of the action. Its streets are lined with al-fresco dining spots and independent retailers, and with
 fascinating art on show at the Wallace Collection, a Marylebone property is one for food lovers, those in search of unique boutique spots, and art collectors alike.
The area is perfect if you&rsquo;re looking to invest in the best of London period property, updated to the very highest standards for modern living.
Belgravia
Luxury flats and terraced houses on quiet squares, Belgravia&rsquo;s beautiful residential north to south streets connect Hyde Park to Chelsea Embankment, while its east to west properties join up Chelsea and Westminster.
Home to perhaps Peggy Porschen Cakes &ndash; perhaps the London food scene&rsquo;s most Instagrammable exterior, as well as to a whole host of other beautiful, independent boutiques and eateries, Belgravia feels typically London and is popular among working
 professionals with second properties outside of the capital.
Westminster
Westminster is all about incredible views of iconic landmarks. Home to stunning penthouse apartments close to Westminster Abbey, the Houses of Parliament, Buckingham Palace, and St James&rsquo; Park, Westminster offers riverside views and London living
 at its best.
London is the home of luxury living with properties right at the heart of the action. Prime Central London offers the perfect mix of leafy green parks, river views, iconic landmarks, and opulent retail, dining, and cultural experiences, for the discerning
 buyer.

Discuss your property portfolio objectives with our <a href="https://residential.jll.co.uk/prime-collection#enquiry">Prime Central London experts</a> and we will uncover the right luxury property for you. &nbsp;
<hr
/>
1&nbsp;<a href="https://www.gov.uk/government/news/uk-house-price-index-for-february-2022">https://www.gov.uk/government/news/uk-house-price-index-for-february-2022</a> 
2&nbsp;<a href="https://www.reuters.com/world/asia-pacific/goldman-sachs-expects-hong-kong-home-prices-fall-20-by-end-2025-2022-03-30/">https://www.reuters.com/world/asia-pacific/goldman-sachs-expects-hong-kong-home-prices-fall-20-by-end-2025-2022-03-30/</a> 
3&nbsp;<a href="http://www.demographia.com/dhi.pdf">http://www.demographia.com/dhi.pdf</a>
4The study assesses house prices in relation to income in 92 major housing markets across eight nations &ndash; 1. Australia 2. Canada 3. China 4. Ireland 5. New Zealand 6. Singapore 7. The United Kingdom 8. The United States. <a href="http://www.demographia.com/dhi.pdf">http://www.demographia.com/dhi.pdf</a>5&nbsp;
<a href="https://www.habitatinvestments.co.uk/prime-central-london-remains-one-of-the-best-global-real-estate-investments-it-is-claimed/">https://www.habitatinvestments.co.uk/prime-central-london-remains-one-of-the-best-global-real-estate-investments-it-is-claimed/</a>
<a data-sf-ec-immutable=""></a>

Investing in Prime properties London | JLL

Are luxury properties in Prime Central London a good investment?

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Mount Anvil's new development is a prime prospect for overseas property investment in London's thriving east.&nbsp;A peninsula surrounded on three sides by the River Thames, Canary Wharf and the Isle of Dogs are one of the UK's great regeneration success stories. The former industrial hub has been transformed over the past few decades into one of the most desirable places to live, work and invest in London, and its investment potential continues to grow.Initially developed for its commercial prospects, residential property in Canary Wharf has seen a strong focus in recent years as demand grows from tenants and investors. According to research by Jones Lang LaSalle (JLL), the average property value in Canary Wharf has increased by 129 per cent between 2006 and 2022.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1661752061/olmwebcontents/ip/prod/ktfgzo117jqbqauttaci.jpg" />More recently, rents rose by 21 per cent in the first half of 2022 compared to the previous year. This year has also seen 33 per cent more reservations for new homes compared with 2019 as ongoing developments continue to enhance the area's appeal, including the opening of the high-capacity Elizabeth Line Crossrail service improving transport across London and beyond.One new residential project capitalizing on this potential is The Bellamy, a 31-story tower by leading developer Mount Anvil offering 108 premium apartments in a prime location along the Canary Wharf skyline. Mount Anvil's developments are among the fastest selling in London and deliver up to 2.3 times the average price growth for their postcode area.Invest in East London's business and lifestyle hubA center of business, entertainment and culture in the British capital, Canary Wharf is the face of 21st century London, its sleek skyline towering above bustling streets and more than 20 acres of waterside promenades and gardens.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1661752069/olmwebcontents/ip/prod/hsunannlippxeljw9zrl.jpg" />Office stock in Canary Wharf currently stands at 15.8m square feet and continues to expand, occupied by financial giants and major global brands including Apple, Barclays, HSBC and J P Morgan alongside ambitious startups. More than 120,000 people go to work in the Wharf every day, while the next generation of creatives, entrepreneurs and scientists studies nearby at some of the world's top 10 universities.Life in Canary Wharf is rich in options, with an ever-growing selection of more than 300 shops, bars and restaurants to choose from, including London favorites such as The Ivy and Hawksmoor and the finest authentic world cuisine. A packed events calendar means there are always new diversions, from outdoor concerts and street festivals to museum exhibitions, sporting events and world-class performances at major venues such as The O2.Multi-billion-pound investment in transport has made Canary Wharf one of the best-connected hubs in London, with the Underground, DLR, Thames Clipper river buses and the now-operational Elizabeth Line all within 14 minutes' walk of The Bellamy. According to JLL Research, property prices in areas with Elizabeth Line stations consistently outperform other London property, particularly along the eastern stretch of the line.Serene and sophisticated livingA stunning collection of 108 private apartments in a 31-story tower, The Bellamy is designed to be a luxurious retreat in the heart of bustling Canary Wharf. The development is named in honor of John Bellamy, founder of the metalworks that occupied the site in the 19th century, and its fa&ccedil;ade by architects HTA Design reflects this industrial heritage with a sleek modern finish.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1661752077/olmwebcontents/ip/prod/oa6jsluo7anp0632p2ms.jpg" />Each beautifully-finished apartment has its own balcony with water or city views and sophisticated interior design by Embrace Architects that reflects the flow and movement of the Thames. Residents will also enjoy exclusive access to luxury lifestyle amenities at the onsite BYNG Club, which includes a fitness suite, workspace, residents' lounge, dining and screening rooms, podium garden and 24-hour concierge service.&nbsp;A number of studio, one-bed and two-bed residences are now available at The Bellamy in E14 for local and overseas property investors looking to enter the thriving London market. Completion is expected from Q1 2026.For more information about The Bellamy and other residential properties in London and the UK, click here or contact JLL International Properties at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.

The Bellamy, London E14: Canary Wharf's new residential landmark

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Restrictions lift but rising rates could temper demand amongst some potential buyers 
The Bank of England continues to walk a challenging tightrope, one which some say it stepped onto too late. Global economies continue to struggle with rising inflation, a combination of demand returning following the lifting of covid restrictions alongside
 the implications on food and fuel costs following the war in Ukraine. The Bank of England alongside many global banks is responding by increasing rates in an attempt to counter inflation. &nbsp;
For borrowers, the first week of August provided mixed news. On the first the Bank scrapped the requirement for lenders to impose additional affordability tests on borrowers, announced back in June. But days later, the Bank followed this with further
 increases in the base rate. It has to be said this wasn&rsquo;t a complete surprise, as those in the market were preparing themselves for the prospect of further rises this summer.&nbsp;
On 4th August the Bank announced the first half point rise in 27 years.&nbsp; MPC members voted 8-1 in favour of increasing the base rate to 1.75%<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/microsoftteams-image-(2).png?Status=Master&amp;sfvrsn=8b3f4186_1" sf-size="100" alt="" />
Of course, in the longer term the intention of this rate rise is to curb inflation, but in the short-term households are facing significant increases in the cost of living driven by food and fuel alongside wage rises which in many cases are not keeping
 pace with household expenditure. &nbsp;
For mortgaged owner occupiers the proliferation of fixed rates loans will add some comfort. In Q1 2022 82% of outstanding mortgage debt was on fixed rates, up from less than a third a decade earlier. But for those looking to buy or re-mortgage recent
 rate rises will mean they pay more. Prior to the August interest rate rise the effective mortgage rate hit 2.15% at the end of June. Up from a low of 1.50% at the end of November 2021 and back to levels last seen in November 2016.&nbsp;
But there hasn&rsquo;t been a seismic shift for many borrowers coming out of longer-term fixed rates, who would not have benefited from the record low rates in 2021. Effective rates for those coming out of a five-year fix in June 2022 (2.15%) only marginally
 higher than in June 2017 (2.05%). Albeit those exiting fixed rates in the coming months will experience a wider gap following the 4th August announcement.<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/microsoftteams-image-(1).png?Status=Master&amp;sfvrsn=d71d87ba_1" sf-size="100" alt="" />
 
 
 
Lifting restrictions
Earlier in the same week, on 1st August, the Bank removed the requirement for lenders to impose an affordability test, which required lenders to assess whether potential borrowers would be able to afford an interest rate hike equivalent to 3%. Which as
 interest rates rise would have meant much tighter affordability criteria for borrowers.
The Loan to Income (LTI) threshold, the more meaningful measure for most borrowers remains.&nbsp; With lenders limited on the number of loans they can issue at more than 4.5X income.&nbsp;
What will this mean for the housing market?
In recent months the UK housing market has continued to defy gravity. Significant increases in energy costs and rising inflation have been with us for some time now, yet house prices have so far appeared immune to rising costs elsewhere in the economy.&nbsp;
 The latest figures from the Nationwide Index show prices nationally rose 11% in June 2022, with regional growth of between 6.0% in London and 14.7% in South West. There are some signs that levels of demand are slowing, but few are reporting price
 falls and agents continue to see demand outstripping supply.
It would be na&iuml;ve to assume rising interest rates will not have some impact on the market. But in the short term it is possible that we will not see as significant an impact as one might expect.&nbsp;
Not all households are being impacted equally.&nbsp; Research by the Institute of Fiscal Studies suggested the poorest 10% of households experienced CPI inflation three percentage points higher than the richest 10%, due in part to these households spending
 a higher proportion of their income on energy and food. It is likely that those households where rising living costs bite the hardest are either renting their homes or are not in a position to move.&nbsp;
Indeed, this could mean we see prices rise further as more affluent households with a larger financial buffer, who usually buy more expensive properties, make up a higher proportion of transacting households.&nbsp;
Where we could see rising costs (living and debt financing) impact most significantly is on transaction volumes. But this too is far from certain, with some households potentially looking to purchase now, anticipating further rate rises or looking to
 take advantage of schemes like Help to Buy. It is also important to remember that 30% of purchases nationally were cash.
Looking ahead
Over the next six months we expect the sustained double-digit growth in prices we&rsquo;ve experienced so far in 2022 will recede as the market settles. But it is important to state that this is expected to be a slowing of growth not a fall in prices.&nbsp;
While some households will be deterred from moving due to higher rates, others will be keen to lock in at current (albeit higher) rates rather than risk further rate rises in the months to come.&nbsp; The ending of the government backed Help to Buy scheme
 in March 2023 also means that we could see a flurry of deals from first time buyers keen to take advantage of the scheme before it closes.&nbsp;
In the longer-term higher interest rates will of course be a barrier to some households. This combined with the end of Help to Buy will undoubtedly impact on first time buyer&rsquo;s ability to enter the market.&nbsp; With higher borrowing costs, rises
 in the cost of living and recent house price appreciation all acting as barriers.&nbsp; Conversely, we expect existing owner occupiers, particularly those buying with cash will increase as a proportion of sales.
Marcus Dixon &ndash; Director of Residential Research at JLL comments:
&ldquo;The UK is not alone in experiencing high rates of inflation, with the Bank of England reacting in the same way as many global banks in imposing multiple rate rises. For households this comes at a difficult time as the cost-of-living squeeze erodes households disposable incomes and adds a layer of uncertainty on future outgoings.&nbsp;
&ldquo;For the housing market the removal of the affordability stress test will add some wriggle room for purchasers and lenders alike, but we expect rate rises alongside and imbalance between wage rises and living costs will combine to deter activity amongst first time buyers and more financially exposed home movers.&rdquo;&nbsp;
 
&nbsp;
 
 
 
 
 
 
About JLL | August 2022
JLL is a leading global professional services firm specialising in real estate and investment management, with $16.6bn annual revenue in 2020, operations in over 80 countries and a global workforce of over 90,000.&nbsp; With over 7,000 employees and 15
 offices in the UK, we support our investor, developer and occupier clients at every stage of the property lifecycle across both commercial and residential asset classes. This includes land purchase, access to capital, planning, development advisory,
 leasing, building management and sales.&nbsp;
JLL&rsquo;s Residential and Living team consists of over 300 professionals who provide a comprehensive end-to-end service across all residential property types, including social housing, private residential, build to rent, co-living, later living, healthcare
 and student housing.&nbsp;
 
Disclaimer: &copy; 2022 Jones Lang LaSalle IP, Inc. All rights reserved.
Data within this report is based on material/sources that are deemed to be reliable and has not been independently verified by JLL. JLL makes no representations or warranties as to the accuracy, completeness or suitability of the whole or any part of
 the report which has been produced solely as a general guide and does not constitute advice. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of JLL. JLL, its officers, employees
 shall not be liable for any loss, liability, damage or expense arising directly or indirectly from any use or disclosure of or reliance on such report. JLL reserves the right to pursue criminal and civil action for any unauthorized use, distribution
 or breach of such intellectual property.

JLL – Interest rates, mortgages, and the impact on house prices

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For many people looking to buy in London, affordability and long-term return on investment are high on the list of priorities when it comes to picking a property. Equally important is the location, with many buyers willing to push things like number of
 bedrooms, overall living space, outdoor space, and other criteria down the list to live exactly where they want to live. 
East London has a huge amount to offer for a range of buyers looking for houses or flats for sale. From buy-to-let investors and first-time buyers, to the second stepper and overseas investor &ndash; whoever you are, perhaps buying in East London could
 mean fewer compromises. 
No matter what&rsquo;s top of your &lsquo;must-have&rsquo; list when you&rsquo;re buying a new place, one of East London&rsquo;s seven boroughs will soon feel like home. If you&rsquo;re new to the area, or you want to get to know this area of London better,
 read on, or discover the other guides in our East London buyers&rsquo; guide series:
Other guides you may be interested in if you&rsquo;re looking for <a href="https://residential.jll.co.uk/search/east-london">houses and flats for sale in East London</a>:
<ul>
 <li><a href="https://residential.jll.co.uk/insights/opinions/7-boroughs-7-reasons-to-invest-in-east-london-property">7 boroughs, 7 reasons to invest in East London property</a></li>
 <li><a href="https://residential.jll.co.uk/insights/opinions/a-guide-to-east-london-s-bars-cafes-restaurants-experiences">A guide to East London&rsquo;s bars, cafes, restaurants, and experiences</a></li>
</ul>
Your East London area guide &ndash; Parks &amp; leisure facilities In this guide we walk you through East London&rsquo;s most beautiful parks and outdoor spaces, whether you enjoy taking a leisurely stroll, seeking that next adrenaline
 rush, trying out a new sport, or listening to live music. &nbsp;
Park living for music, sport, and nature lovers East London is so close to Central London and the capital&rsquo;s main routes out to other parts of the UK, yet it&rsquo;s also home to some of London&rsquo;s largest open spaces and
 with them, chances to try new things. All of the following parks are flanked by a unique mix of beautiful and quiet residential streets, village-like communities, vibrant cityscapes, and riverside living, for those who love London in all its diverse
 glory. &nbsp;
Victoria Park, Bow<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/victoria-park.jpg?Status=Master&amp;sfvrsn=1f8396b5_1" sf-size="100" alt="Victoria Park" />
Victoria Park in Bow, also known as Vicky Park and the People&rsquo;s Park, is one of London&rsquo;s most visited parks, welcoming around 9 million visitors each year. Music lovers flock to Victoria Park for the many open-air music festivals held there
 each year, including <a href="https://fielddayfestivals.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;"></a><a href="https://fielddayfestivals.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;">Field Day</a>
 and <a href="https://www.allpointseastfestival.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;"></a><a href="https://www.allpointseastfestival.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;">All Points East</a>. 
For the sporty among you, the Victoria Park Community Cricket League organises cricket every evening during the summer and the three-lane cricket net is free for anyone to use. The park is also home to Tower Hamlets Football Club and Victoria Park United
 Football club, Tower Hamlets Cricket Club, Victoria Park Harriers &amp; Tower Hamlets Athletics Club. For families and water lovers, there&rsquo;s a children&rsquo;s play park complete with splash pool.
If you choose to live here, you&rsquo;re about a 12-minute bus ride to Canary Wharf and a 40-minute journey into Central London. 
<a href="https://residential.jll.co.uk/search/east-london">Explore houses and flats for sale in Bow and the East End of London</a>
London Fields, Hackney<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/london-fields.jpg?Status=Master&amp;sfvrsn=53e4bec4_1" sf-size="100" alt="London Fields" />
Around two miles west of Victoria Park is London Fields, complete with Lido, sundeck, and sunbathing area, as well as a large expanse of green open space. For avid basketball players, there&rsquo;s a well-maintained court. It&rsquo;s also a great place
 to start a stroll that&rsquo;ll take you along Regent&rsquo;s Canal and all the way to Angel, if you&rsquo;re feeling energetic!
Hackney Marshes<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/hackney-marshes.jpg?Status=Master&amp;sfvrsn=71523fab_1" sf-size="100" alt="Hackney Marshes" />
Holder of a <a href="https://www.greenflagaward.org/" target="_blank"></a><a href="https://www.greenflagaward.org/" target="_blank">Green Flag award</a>, Hackney Marshes is affectionately known as the home
 of Sunday League football thanks to its impressive number of pitches and excellent changing facilities. But this big green open space in the heart of East London also boasts trails, a bird hide, a conservation area, and much more. And, if you wander
 to the south of the Marshes and cross over the A12 (on foot), you&rsquo;ll find yourself in the Queen Elizabeth Olympic Park. 
<a href="https://residential.jll.co.uk/search/east-london">Explore houses and flats for sale in Hackney</a>
Queen Elizabeth Olympic Park, Stratford<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/qe-olympic-park.jpg?Status=Master&amp;sfvrsn=6fb81e01_1" sf-size="100" alt="QE Olympic Park" />
Walk for around 15 minutes the other way from Victoria Park, to the East, or stroll through Hackney Marshes and you&rsquo;ll find the Queen Elizabeth Olympic Park. Built for the London 2021 Olympic Games, us mere mortals can now try out
 a range of exciting sports within the iconic Olympic venues dotted about the Park. It&rsquo;s also a lovely place for a leafy stroll, with the option to stop for a breather at one of the many restaurants, cafes, and kiosks on the Park, and in the
 venues. 
Choose from: <a href="https://www.bargeeast.com/" target="_blank"></a><a href="https://www.bargeeast.com/" target="_blank">Barge East</a> &ndash; a floating restaurant on an old converted Dutch barge;
 <a href="https://hereeast.com/" target="_blank"></a><a href="https://hereeast.com/" target="_blank">Here East</a> &ndash; an innovation park that&rsquo;s home to six restaurants; the <a href="http://www.eastvillagelondon.co.uk/"></a><a href="http://www.eastvillagelondon.co.uk/">East Village</a> (formerly the Athlete&rsquo;s Village) &ndash; with 13 eateries to choose from; the <a href="https://www.internationalquarter.london/" target="_blank"></a><a href="https://www.internationalquarter.london/" target="_blank">International Quarter</a> &ndash; the Park&rsquo;s new business district and boasting seven places to sit, eat,
 and relax dotted around 560 acres of open space; and the street food hall at <a href="https://hackneybridge.org/hackneybridgekitchens"></a><a href="https://hackneybridge.org/hackneybridgekitchens" target="_blank">Hackney Bridge Kitchens</a> &ndash; complete with nine independent food traders. 
Connected to just about everywhere in London by <a href="https://residential.jll.co.uk/insights/news/crossrail-may-2022"></a><a href="https://residential.jll.co.uk/insights/news/crossrail-may-2022">Crossrail</a> (the Elizabeth Line), and the Jubilee, Central, DLR, Overground, and National Rail services, Stratford is a no-brainer for those who want to be well served locally and well connected to the rest of London and the South East. 
<a href="https://residential.jll.co.uk/search/east-london">Explore houses and flats for sale in Stratford</a>
Walthamstow Wetlands Nature Reserve, London Wildlife Trust<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/walthamstow-wetlands.jpg?Status=Master&amp;sfvrsn=f4cc02fa_1" sf-size="100" alt="Walthamstow Wetlands" />
From bushcraft and Forest School, to exhibitions, and simply a beautiful place to relax, unwind and reconnect with nature, the <a href="https://www.wildlondon.org.uk/walthamstow-wetlands-nature-reserve" target="_blank"></a><a href="https://www.wildlondon.org.uk/walthamstow-wetlands-nature-reserve" target="_blank">Walthamstow Wetlands Nature Reserve</a> in, well, Walthamstow, is home to 2km of cycle path and multiple species of rare bird, bats, and amphibians. You&rsquo;ll forget you&rsquo;re in buzzing East London and
 only 15 minutes from Central London. 
<a href="https://residential.jll.co.uk/search/east-london">Explore houses and flats for sale in Walthamstow</a>
Wanstead Flats and Wanstead Park<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/wanstead-park.jpg?Status=Master&amp;sfvrsn=70b68d85_1" sf-size="100" alt="Wanstead Park" />
Two beautiful open spaces that locals agree are great for dog walking, horse-riding, cycling and strolling, in all weathers. Woods, rivers, lakes, caf&eacute;, and a temple &ndash; it&rsquo;s a great place to explore for the active and
 families with young children. It&rsquo;s just 35 minutes from Wanstead to Charing Cross by tube (London Underground), meaning you&rsquo;ll have great parks and many other amenities on your doorstep, and Central London at your fingertips.
<a href="https://residential.jll.co.uk/search/east-london">Explore houses and flats for sale in Wanstead</a>
<a href="https://residential.jll.co.uk/offices/estate-agent-stratford"></a><a href="https://residential.jll.co.uk/offices/estate-agent-london-city">Get in touch with our East London team</a> to find the
 right area and property for your needs and budget. We&rsquo;ve got a great range of <a href="https://residential.jll.co.uk/search/houses-apartments-for-sale-stratford"></a><a href="https://residential.jll.co.uk/search/east-london">houses and flats to buy in East London</a> and the local knowledge to accurately match you with your perfect property.

A buyer’s guide to East London’s parks and leisure facilities

For many people looking to buy in London, affordability and long-term return on investment are high on the list of priorities when it comes to picking a property.&nbsp;

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The 2020/21 pandemic race for space outside of London is no secret, but while there will always be people who move to suburbia, there will always be the pull of East London in all its cultural, diverse, exciting, commutable glory, too. In fact, in the
 first half of 2022, 30% of London rental properties went to people who were previously living outside of the city<a href="https://www.bloomberg.com/news/articles/2022-05-15/the-great-london-property-exodus-is-in-reverse-as-tenants-return" name="_ednref1" target="_blank">[i]</a>.
 
<h2>Why East London?</h2>
East London is made up of seven boroughs, each with its own distinct centres: 
<ol>
 <li>Barking and Dagenham &ndash; Barking and Chadwell Heath</li>
 <li>Hackney &ndash; Dalston, Shoreditch and Stoke Newington</li>
 <li>Havering &ndash; Romford and Upminster </li>
 <li>Newham &ndash; Stratford, Woolwich, and Canning Town</li>
 <li>Redbridge &ndash; Wanstead and Hainault</li>
 <li>Tower Hamlets &ndash; Canary Wharf, Bethnal Green, Whitechapel and Spitalfields </li>
 <li>Waltham Forest &ndash; Walthamstow, Chingford, and Leytonstone
 </li>
</ol>
Each with its own personality and prospects, here are seven reasons to invest in the new <a href="https://residential.jll.co.uk/offices/estate-agent-stratford"></a><a href="https://residential.jll.co.uk/search/east-london">East London houses and flats for sale</a> across its boroughs. 
<ol>
 <li>Slow-rising prices in the short term

 In good news for investors in residential <a href="https://residential.jll.co.uk/search/homes-for-sale-canary-wharf"></a><a href="https://residential.jll.co.uk/search/east-london">East London property</a>,
 the 2021/2022 Stamp Duty holiday meant a lot of people looked to buy, but many didn&rsquo;t find the right property and therefore didn&rsquo;t put their properties on the market either. As the holiday ended and Omicron cases settled, the uptick
 in supply meant a smaller price increase than was perhaps expected, making now a good time to browse houses and flats for sale in East London. 
 </li>
 <li>Strong price predictions in the longer term <img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/east-london-river163a4a7c-2a15-4dd9-9bc1-9e422baf7795.jpg?Status=Master&amp;sfvrsn=222faa35_1" sf-size="100" alt="EAST LONDON RIVER" />
 Overseas investors travelling again. Professionals returning to the office. First-time buyers wanting the job opportunities, social prospects, and unrivalled cultural diversity that London can offer&hellip; All these things mean London property
 prices will likely always be higher than those outside the capital. 
 However, property prices also tend to increase at a faster rate in the longer term compared to the rest of the UK, making for potentially excellent investments for both residential buyers and buy-to-let investors. This is particularly true of
 houses and flats to buy in East London, an area that offers both its own set of reasons to invest and is a short commute into Central London for the best of two worlds. 
 With people flocking back to London for lifestyle reasons<a href="https://www.bloomberg.com/news/articles/2022-05-15/the-great-london-property-exodus-is-in-reverse-as-tenants-return" target="_blank" name="_ednref2">[ii]</a> &ndash; a lot of people missed London&rsquo;s attractions while the capital was shut down as part of COVID-19 restrictions &ndash; not just because they&rsquo;re being brought back to the office, East London presents an exciting opportunity
 for residential buyers and investors. 
 </li>
 <li>East London offers a lot within its borders, and is an easy commute to Central London <img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/startford-station.jpg?Status=Master&amp;sfvrsn=82446884_1" sf-size="100" alt="STARTFORD STATION" />
 Packed with restaurants, bars, shops, and sports facilities, East London has everything within its boroughs&rsquo; boundaries, but also boasts transport links that make it easy and quick to commute or travel into Central London. 
 From the Olympic Park, nearby Hackney Marshes, and 11 Michelin star restaurants<a href="https://london.eater.com/maps/michelin-star-restaurants-london" name="_ftnref1" target="_blank">[1]</a>,
 to huge London landmarks like the Tower of London and the O2 Arena, more than 14 rooftop bars, luxury shops and a plethora of vintage stores, East London has so much on offer for every interest. 
 Depending where in East London you decide to buy, the commute to London Bridge is around 20-45 minutes on the London Underground. 
 </li>
 <li>East London is home to finance, banking, and tech

 The famous towers of <a href="https://residential.jll.co.uk/search/homes-for-sale-canary-wharf"></a><a href="https://residential.jll.co.uk/search/homes-for-sale-canary-wharf">Canary Wharf</a> in
 East London house some of the world&rsquo;s biggest banks, financial institutions and tech companies, making it a great place for professionals to buy and rent. A community has sprung up around these impressive office buildings, with river
 boat rides, roof top bars, crazy golf, green spaces, and much more. <img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/canary-wharf.jpg?Status=Master&amp;sfvrsn=f9a84ca9_1" sf-size="100" alt="CANARY WHARF" /></li>
 <li>East London boasts new builds in locations packed with history 

 With demand for outdoor space and layouts and facilities conducive to flexible working at an all-time high, East London new build flats and houses in East London are an exciting option for residential buyers and investors. 
 From flats with boardwalk access, balcony gardens, and views of the Thames, to new build developments with penthouse apartments, private spa and gym facilities, and houses with generous gardens, the choice of property types is as varied as the
 area&rsquo;s cultural heritage. 
 The ports of East London have made the area a melting pot of cultures and skills, making it the home of rapid industrialisation during the Victorian era and influencing the architecture and atmosphere you see there today. <img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/canary-wharf1c167063-4f22-4f81-bda7-e7a4b9722012.jpg?Status=Master&amp;sfvrsn=7b748c37_1" sf-size="100" alt="Canary Wharf" /></li>
 <li>Good rental demand

 Buying a house or flat in East London for rental purposes is a smart move, with the area home to four universities - Queen Mary University of London, the University of East London (UEL), UCL East, and London South Bank University (LSBU). And to
 three major hospitals &ndash; the Royal London Hospital, King George Hospital, and Queen&rsquo;s Hospital. Students, medical professionals, and city workers all buoy the rental market in East London. 
 </li>
 <li>Barking and Dagenham is significantly cheaper than Central London

 With average house prices in Barking and Dagenham sitting at just over &pound;300,000, compared to &pound;677,110<a href="file:///C:/Users/dipanshu.sharma/Downloads/JLL%20-%20Prime%20-%20Content%20-%20Web%20-%20East%20London%20-%20Page%201%20-%2024.05.2022.docx#_edn3" name="_ednref3">[iii]</a> across all boroughs, it&rsquo;s an attractive prospect for investors and residential buyers looking for somewhere commutable and in the throes of massive regeneration. It&rsquo;s
 around 15 minutes by train from Barking to Fenchurch Street, making the commute for work or pleasure an easy one. 
 There&rsquo;s a huge variety of flats and houses to buy in East London, from new builds in Barking, to penthouse apartments and buy-to-let properties near Canary Wharf. Browse the <a href="https://residential.jll.co.uk/offices/estate-agent-stratford"></a><a href="https://residential.jll.co.uk/search/east-london">JLL Residential East London portfolio</a> and <a href="https://residential.jll.co.uk/#contactus"></a>
 <a href="https://residential.jll.co.uk/#contactus">get in touch</a> for help narrowing your search. [1] <a href="https://london.eater.com/maps/michelin-star-restaurants-london" target="_blank">https://london.eater.com/maps/michelin-star-restaurants-london</a>[i] <a href="https://www.bloomberg.com/news/articles/2022-05-15/the-great-london-property-exodus-is-in-reverse-as-tenants-return" target="_blank">https://www.bloomberg.com/news/articles/2022-05-15/the-great-london-property-exodus-is-in-reverse-as-tenants-return</a> [ii] <a href="https://www.bloomberg.com/news/articles/2022-05-15/the-great-london-property-exodus-is-in-reverse-as-tenants-return" target="_blank">https://www.bloomberg.com/news/articles/2022-05-15/the-great-london-property-exodus-is-in-reverse-as-tenants-return</a> [iii] <a href="https://www.standard.co.uk/homesandproperty/property-news/london-house-prices-april-rise-boroughs-record-property-market-b995773.html" target="_blank">https://www.standard.co.uk/homesandproperty/property-news/london-house-prices-april-rise-boroughs-record-property-market-b995773.html</a>
 
 

 </li>
</ol>

7 boroughs, 7 reasons to invest in East London property

The 2020/21 pandemic race for space outside of London is no secret, but while there will always be people who move to suburbia, there will always be the pull of East London in all its cultural, diverse, exciting, commutable glory, too.

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<div>
 Other guides you may be interested in if you&rsquo;re looking for <a href="https://residential.jll.co.uk/search/east-london">houses and flats for sale in East London</a>:
 <ul>
 <li><a href="https://residential.jll.co.uk/insights/opinions/7-boroughs-7-reasons-to-invest-in-east-london-property">7 boroughs, 7 reasons to invest in East London property</a></li>
 <li><a href="https://residential.jll.co.uk/insights/opinions/a-buyer-s-guide-to-east-london-s-parks-and-leisure--facilities">A buyer&rsquo;s guide to East London&rsquo;s parks and leisure facilities</a>
 </li>
 </ul>
</div>
<h2>Your East London area guide &ndash; Bars, cafes, restaurants, and experiences</h2><img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/broadway-market.jpg?Status=Master&amp;sfvrsn=73af0c9_1" sf-size="100" alt="Broadway Market" />
<div>
 Mare Street, Rivington Street, Hoxton Square, Brick Lane, Kingsland Road&hellip;the more you read about East London, the more these street names and many others will stick in your mind. They are packed full of popular spots for cocktails, adventurous food, and of course, delicious coffee, cakes, and pastries.
 Take a walk along the following streets to find your own hidden gems &ndash; buying a house or flat in East London is a great excuse to explore everything the area has to offer.
</div>
<div>
 Great Eastern Street &amp; Curtain Road, Shoreditch
</div>
<div>
 Cutting right through Shoreditch and lined with weird and wonderful bars, restaurants and experiences, Great Eastern Street and its neighbour Curtain Road (which leads to Old Street to the North) are where many Londoners head for a good time. Relive your childhood with a trip to Ballie Ballerson, a giant ball pit strictly for grown-ups.
 Some say the perfect night out in Shoreditch is dinner at Flat Iron (all about the steak) or Blacklock (all about the chops and cheesecake), followed by drinks and dancing at the Blues Kitchen, which often hosts live music and DJ sets.&nbsp;
</div>
<div>
 When you buy your house or flat in East London you won&rsquo;t need to stay in a hotel, but the nearby Hoxton Hotel is good for the occasional treat, or a leisurely drink if you&rsquo;re feeling an upmarket vibe.
 This is undoubtedly the easiest place to find your vibe in East London.&nbsp;
</div>
<div>
 Ask us about <a href="https://residential.jll.co.uk/offices/estate-agent-stratford"></a><a href="https://residential.jll.co.uk/search/east-london">houses and flats for sale in East London</a> that are
 a short bus ride from these lively streets, including <a href="https://residential.jll.co.uk/search/houses-apartments-for-sale-stratford">Stratford</a> and <a href="https://residential.jll.co.uk/offices/estate-agent-london-city">London City</a>.
 Rivington Street, Shoreditch 
</div>
<div>
 A lively street in East London, Rivington Street is home to some of London&rsquo;s best cocktail bars, including the fun-to-say <a href="https://www.calloohcallaybar.com/" target="_blank">Callooh Callay</a>, where you can just turn up and sample the hilariously named cocktails, or you can book a masterclass and learn to make them yourself.
 Hoxton Square, Shoreditch<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/hoxton-sq-.jpg?Status=Master&amp;sfvrsn=1c3d8879_1" sf-size="100" alt="Hoxton Sq " /></div>
<div>
 Everyone loves a city square, and Hoxton Square is about as lively as it gets. <a href="https://www.tonightjosephine.co.uk/find-us/shoreditch/" target="_blank">Tonight Josephine</a>, Happiness Forgets, Nikki&rsquo;s Bar, and <a href="https://colourshoxton.com/" target="_blank">Colours Hoxton</a> are firm favourites with lovers of East London&rsquo;s vibe. In the day, it&rsquo;s a lively square and at night it ups the ante as the crowds pour in and the bars fill up. In the summer, if the weather&rsquo;s decent, it&rsquo;s a bit like being on a city break in Manhattan.&nbsp;
 Brick Lane, Shoreditch and Spitalfields<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/brick-lane.jpg?Status=Master&amp;sfvrsn=a577cfa5_1" sf-size="100" alt="Brick Lane" /></div>
<div>
 Be inspired by the street art, kit yourself out in rare vintage finds or new pieces from sample sales regularly held at the <a href="https://www.trumanbrewery.com/" target="_blank">Truman Brewery</a>, and treat yourself to a paper bag full of rainbow bagels. Home to Fashion Week Men&rsquo;s, Brick Lane is great for shopping, food, drinks, and a night out with or without dancing.
 All Star Lanes (ten pin bowling) Big Chill and Monty&rsquo;s Bar are good places to start, before heading to 93 Feet East if you&rsquo;re up for some late-night live music or clubbing. 
 <a href="https://91livingroom.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;">Ninety One Living Room</a> is great for a more intimate vibe.&nbsp;
</div>
<div>
 Just a short walk to Old Street (the street and the Underground station), Brick Lane has a lot to offer and it&rsquo;s easy to get to from just about anywhere.
 Kingsland Road, Dalston<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/jazz.jpg?Status=Master&amp;sfvrsn=6046297e_1" sf-size="100" alt="Jazz" />
 
</div>
<div>
 Untitled Bar, Three Sheets, and <a href="https://brilliantcornerslondon.co.uk/" target="_blank">Brilliant Corners</a> are some of the best spots on Kingsland Road. The latter is also a restaurant, serving up Japanese food and regular live Jazz, for a super cool fusion night out. Dalston Roof Park hits the trend for rooftop chilling with views over the bright lights of London.
 Mare Street, Hackney
</div>
<div>
 Home to Hackney Town Hall, Mare Street is a served by Hackney Central and London Fields Overground stations and boasts Mare Street Market, complete with beer garden and communal seating for enjoying the delicious food on offer.
 On the corner of Mare Street and Westgate Road is a co-working space for creatives with a fantastic rooftop bar and called 
 <a href="https://netil360.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;">Netil360</a> because of its impressive panoramic views over
 East London and beyond. It also serves street food. Make an afternoon of it, with a wander around Netil Market&rsquo;s shops and stalls, just a few minutes&rsquo; walk down Westgate Street.&nbsp;
</div>
<div>
 <a href="https://www.picturehouses.com/cinema/hackney-picturehouse" target="_blank">Hackney Picturehouse</a> cinema shows independent films and it&rsquo;s a great street for vintage finds, with Paper Dress Vintage a firm favourite
 with shoppers looking for something a bit different than the high street has to offer.
 If you love pizza, head to Bohemia Place to find the local&rsquo;s favourite spot.
</div>
<div>
 Broadway Market, Hackney<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/broadway-market4cd866b2-bf3e-448e-b9c7-1ef7dc3bd2f1.jpg?Status=Master&amp;sfvrsn=5b661c16_1" sf-size="100" alt="Broadway Market" /></div>
<div>
 Best known for the market itself, Broadway Market is home to 120 regular stalls, including Crosstown Donuts, <a href="https://www.badbrownie.co.uk/" target="_blank">Bad Brownie</a>, and Broadway Vintage, as well as permanent shops and restaurants, including Londoners&rsquo; favourite pizza spot &ndash; Franco Manca.
 It connects London Fields and Regent&rsquo;s Canal, making it an exciting place for a daytime stroll, followed by a relaxed dinner and drinks in one of the many restaurants and bars. Japanese gem Koya Ko is great for breakfast and lunch, while 
 <a href="https://www.sonorataqueria.com/" target="_blank" style="font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;">Sonora Taquer&iacute;a</a>
 is just round the corner and serves up some of the best Mexican food in London.&nbsp;
 
</div>
<div>
 East London is a mouth-watering mix of vibrant urban spots packed with things to see, markets to wander, places to try world cuisine and originally named cocktails.
 Get in touch with our East London team to find the right area and property for your needs and budget.
</div>

A guide to East London’s bars, cafes, restaurants & experiences

Other guides you may be interested in if you&rsquo;re looking for houses and flats for sale in East London

Other guides you may be interested in if you’re looking for houses and flats for sale in East London

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JLL&rsquo;s latest Living Priorities Survey.
What we want from our homes is constantly evolving. Both the pandemic and rising energy costs means households are again re-evaluating their priorities. 
To better understand what buyers want in today&rsquo;s market, and how this might change in the future, we contacted potential buyers registered with JLL to hear their thoughts. 
Electric cars &ndash; a lesson for the housing market? 
Within a short space of time, we have seen a rapid shift in motorists&rsquo; willingness to adopt electric vehicles in a bid to lower their environmental impact. Could we see this positive approach to environmental sustainability feed through into our homes? <img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/graphical-image-1-insights.png?Status=Master&amp;sfvrsn=47d153a5_1" sf-size="100" alt="" />
New JLL research from our latest Living Priorities survey, explores the change in the proportion of people who expect to be driving an electric or hybrid vehicle in the future. At present, just 8% of respondents drive an electric or hybrid car, versus
 43% petrol or diesel. However, when asked about their next vehicle the survey results show a greater appetite for electric vehicles, with almost 70% expecting to drive an electric or hybrid car in the future, versus just 9% for petrol or diesel.
What&rsquo;s driving the push towards more energy efficiency homes?
For most, our homes will be the largest investment we make in our lives. Our survey has found that a larger number of people are now placing even more importance on the environmental impact of their home. Undeniably, reducing the running costs of a home
 is the key motivator for most, however many people are also increasingly aware that there is a desire to become more socially responsible. Almost two thirds of our respondents said that achieving a lower carbon footprint was important to them.<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/grpahical-image-2-insights.png?Status=Master&amp;sfvrsn=36e05bc6_1" sf-size="100" alt="" />
70% of respondents viewed the energy efficiency and running costs of their home as more important now versus pre-pandemic. Back in April, we explored <a href="https://residential.jll.co.uk/insights/news/jll-could-new-home-demand-rise-as-energy-prices-soar"></a>
 <a href="https://residential.jll.co.uk/insights/news/jll-could-new-home-demand-rise-as-energy-prices-soar">what the rising energy costs meant for UK homes</a>. JLL research found that the lifting of the energy price cap could result in the average band G home experiencing an increase in bills of over &pound;1,700 per annum, an extra &pound;3,246 more per
 annum than the average home in bands A-C. It is therefore unsurprising perhaps, that 82% of respondents voted a &lsquo;saving on energy bills&rsquo; as the reason why the environmental sustainability of their home is important to them.
Are purchasers willing to pay more?
Over half of respondents (57%) would be prepared to pay a premium for a more environmentally friendly home. Of those who said &lsquo;yes&rsquo;, half would pay just up to 5%. In total, 83% of those who would pay a premium, would be prepared to pay up
 to 10% more for an environmentally friendly home.&nbsp;<img src="https://olmresi-hk-prod.jll.com/images/default-source/agency/grpahical-image-3-insights.png?Status=Master&amp;sfvrsn=fc72dafe_1" sf-size="100" alt="" />
So, what does this mean for our homes in the future, particularly the new homes sector?
Rising energy costs have undoubtedly pushed energy efficiency up the list of importance for homeowners. But whether they are driven purely by costs, social responsibility or likely a combination of both, what is clear is that buyers will be taking energy
 consumption into consideration more, when looking for homes in the future. 
80% of our respondents said that the environmental impact of their home will be either crucial or important in their next move, with the number of people willing to purchase a new home, if it meant improved environmental efficiency, rising from 51% from
 their last move, to 78% going forward. 
With purchasers becoming more environmentally aware and the potential for more sustainable homes to command a premium, the new homes market should be well placed to benefit.&nbsp; Analysis of EPC ratings for UK homes shows 83% of new build properties
 boast an EPC rating of A or B, versus just 3% for existing stock.
The JLL Living Priority Survey 2022 was conducted in May 2022 with a total of 104 respondents. 
Disclaimer: &copy; 2022 Jones Lang LaSalle IP, Inc. All rights reserved.Data within this report is based on material/sources that are deemed to be reliable and has not been independently verified by JLL. JLL makes no representations or warranties as to the accuracy, completeness or suitability of the whole or any part of the report which has been produced solely as a general guide and does not constitute advice. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of JLL. JLL, its officers, employees shall not be liable for any loss, liability, damage or expense arising directly or indirectly from any use or disclosure of or reliance on such report. JLL reserves the right to pursue criminal and civil action for any unauthorized use, distribution or breach of such intellectual property.
&nbsp;

Are buyers waking up to the benefits of a more environmentally friendly home?

A first glance at JLL&rsquo;s latest Living Priorities Survey

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Reading is considered the principal reginal and commercial centre of the Thames Valley and has been identified as one of the leading economic growth points in Europe and forecasted to be a fast-growing location 2020-2023. There is a strong employment market, driving demand for property and lettings with Reading considered to be one of the UK&rsquo;s top places to live and work.Bankside Gardens comprises 7 blocks. All these buildings are situated close to the tranquil lake and feature stylish 1 and 2 bedroom apartments. All of which offer a private terrace or balcony providing breath-taking views over the lake or the landscaped gardens.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1657002886/olmwebcontents/ip/prod/uubuasw2noxd6n7ivftn.png" />With continuous investment over the past 20 years, Reading has grown in status and reputation. It is home to many high-profile businesses, bringing aspiration, spirit and vibrancy to this thriving town.World-leading educationTwo of the country&rsquo;s top-performing selective secondary schools are in Reading &ndash; Reading School for boys and Kendrick School for girls. Both regularly top the league tables for GCSE and A-level results. Besides, Reading University is a world-leading research and educational centre, with over 15,000 students.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1657002895/olmwebcontents/ip/prod/wszjxxqcd9fi78jhbw9l.jpg" />Just minutes from central Reading, Bankside Gardens is where contemporary urban living meets the natural environment. This design-led development of chic 1 and 2 bedroom apartments is set beside a beautiful lake, surrounded by acres of parkland, and also offers residents a host of excellent facilities. At Bankside Gardens style, connectivity and relaxation go hand in hand.For more information about Bankside Gardens and other residential properties in Reading, 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>.

Bankside Gardens, Reading - where contemporary urban living meets the natural environment

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Finest standards of education in Harrow: experience the location-superiority and high cost-performance in brand new low-density apartmentsHarrow is synonymous with the distinctive educational standards. The borough is currently home to over 50 nurseries and primary schools, and more than 20 secondary schools. According to Ofsted, there are nearly 10 primary schools rating as outstanding and good, for example, Marlborough Primary School, Pinner Park Junior School, Nower Hill High School, etc.Harrow School is one of the most famous school among them. It has nurtured many well-known politicians since centuries, including Winston Churchill, Stanley Baldwin, Robert Peel etc. With the impressive recognition of education in Harrow, people may have the presumption of high property price. In fact, there are also many apartments with high cost-performance and reasonable entry price in recent projects.Although Harrow located in the zone 5 of London, the well-developed transportation networks are comparable to zone 2. It takes less than 15-min to central London, Euston. Locating in the suburb, Harrow is surrounded by breath-taking landscape and prestigious education networks, it is always attractive to families with kids. Therefore, the demand for 3-bed apartments is relatively increasing.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1653029412/olmwebcontents/ip/prod/p4adudaciprdo1oip7b9.jpg" />It takes 10-min walk to the historical Headstone Manor and Museum built in early 14th&nbsp;century from Eastman Village, which is a great place for leisure.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1653029460/olmwebcontents/ip/prod/a5teqpezs1rcmfjgoiz1.jpg" />Eastman Village is handcrafted by the leading developer Barratt Homes with 60-year experience, providing 1 to 3-bed low-density apartments with balcony. There 14 outstanding-rating school in reachable distance from the project, it only takes 10-min drive. New residential quarter Newman Apartment is now released, price starting from &pound;359,000* for 1-bed apartment and 3-bed apartment starts with &pound;599,000*, which is favourable for investment and families with kids.For further information on Barratt International, please contact JLL Investments Limited: +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1653029510/olmwebcontents/ip/prod/ckbgblgsxeifrldgxzha.jpg" />&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. Acquiring interest in an apartment in the building with 999-year leasehold. Planning Permission no: P/2165/15 granted by London Borough of Harrow. Property ID no.: IRP_N_101_25628. *Prices and details correct at time of going to press. Travel time is approximately estimated. Sources: tfl.gov.uk and Google maps. Last updated date: 18.05.2022.

Finest standards of education in Harrow

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Sitting at the heart of north London, Clarendon has an excellent transport network, shopping city amenities and surrounded by outstanding school network.Clarendon is going to be the new landmark with cosmopolitan development in North London. Well connected with a choice of four stations in zone 3, by taking less than 15-minute walk to Alexandra Park and Hornsey overground stations, and easy access to Turnpike Lane and Wood Green underground stations. Providing reachable distance from underground and mainline stations to central London within minutes. Within a 30-minute walking distance, there are Sainsbury&rsquo;s Hornsey and Covent Garden for essentials and luxurious shopping, thoroughly fulfilling the needs to the surrounding neighborhood. Moreover, the Alexandra Park and Palace is just 1.2 miles away from Clarendon, where residents are able to visit this iconic gig venue of north London and to enjoy varieties of amusements in a grand scale.All-rounded communityClarendon demonstrates an excellent combination of a community in north London. Not only providing spaces for extensive business and retail, Clarendon also deliver superb facilities with breath-taking landscaped gardens. All the connections of shops and restaurants, especially the iconic Alexandra Palace are brought to a central boulevard, where residents can be easily access to a variety of entertainments.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1652940082/olmwebcontents/ip/prod/k7tkfuzepunrhm59lpdr.png" />&nbsp;Jones Lang LaSalle Investments Limited is a licensed real estate agent, license number: C-082467. 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. Planning Permission no: 08/03361/OUT and 16/01694/FUL granted by London Borough of Haringey. Acquiring interest in an apartment in the building with 999 Years Leasehold. Property ID number: IRP_N_101_00354. The last update date: 04 Mar 2022.

Clarendon: The new landmark of north London

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Birmingham, also known as the &ldquo;Second City&rdquo;, is the largest city in the UK outside of London, with a population of 1.1 million people and 2.6 million in the metropolitan region. With its distinguished impacts, there are mainly 5 reasons that Birmingham attracts foreign direct investment in recent years.Glasswater Locks is a global first launch collection handcrafted by St Joseph, under Berkeley Group. With a selection of contemporary canal-side apartments and duplexes, creating a thriving new community with extensive on-site amenities and landscaped views.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1652766174/olmwebcontents/ip/prod/sykdoq7ycz8fm7jhnuu3.jpg" />Its prosperity has made Birmingham become the second largest city in the UK and classed as the youngest city in Europe of the vibrancy in population. It has 40% of the population are below the age of 34. According to certain studies, it shows that there are more people moving to Birmingham from London than vice versa which has become the top 3 cities for internal migration in the UK.Birmingham is the largest economic output and the second best performing city core in terms of economic growth with &pound;31.9 billion, and the GVA set to climb 4.5% in 2022. Large-scale projects will further accelerate local&rsquo;s economic growth and community development in the future.HS2 project impactKnown as the heart of the UK, Birmingham&rsquo;s central location has always been recognised of its strong transportation connections, however the introduction of HS2 will elevate the city&rsquo;s transport links to the next level. The forthcoming Curzon Street station will be the fourth mainline station in the city. The high-speed service it provides will minimise the travel time to other UK&rsquo;s major destinations.Since the demand for rental properties has resulted in double digit growth this year, it is expected that the rental market of Birmingham will grow 17% over the next 5 years, while the rents of city centre increased by 10% in the year to March 2020. According to JLL UK research, the HS2 leads &pound;900M investment which Birmingham will be one of the biggest beneficiaries.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1652766184/olmwebcontents/ip/prod/a2uvjueztxw0shjum1ng.jpg" />Glasswater Locks is an exclusive development located between Birmingham&rsquo;s Eastside and the city's vibrant Learning Quarter. With the superb transportation networks, residents only need to take 8-minute walk to the forthcoming Curzon Street station or 7-minute to New Street station by bike, further unlocking opportunities and links to the city core.Glasswater Locks is developed by the Berkeley Group, one of the most recognizable and high reputation residential development in the UK. Glasswater Locks offers luxury 1 to 2-bed apartments, with prices starting from &pound;232,500. Residents are able to enjoy the Canal-side Club, with library area, meeting room, 24-hour concierge and several co-working stations, coffee bar, private gym and cinema room. Ensuring residents&rsquo; wellbeing and encourage greater balance between work and life.&nbsp;For more information about Glasswater Locks and other residential properties in Birmingham, 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>.

Glasswater Locks, Birmingham - Prestigious place for foreign investment

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Being the youngest city in Europe, Birmingham is full of energy and becoming the No.1 city for internal migration from London. Supporting by The&nbsp;Big City Plan and the High Speed 2（HS2）, Birmingham keep transforming into a world class city centre.Snow Hill Wharf is a new collection of stylish apartments from St Joseph, part of the Berkeley Group, providing advantages of urban living, excellent transport connections, city centre amenities and a stunning canal side to the podium gardens.Birmingham is not only the second largest city in the UK, but also shine among the Europe with great progress. It&rsquo;s city centre population grew 163% from 2002 to 2015 while 60% of the population are now under 35. Young professionals tend to stay in Birmingham looking for different opportunities. Birmingham maintains the&nbsp;4th highest graduate retention rate&nbsp;&ndash; 41% year-on-year of over 100,000 full-time students.Birmingham is the largest city economy outside of London which is home to a &pound;31.9 billion economy&nbsp;and the driving force of a &pound;80 billion regional economy. Key infrastructure projects will further accelerate the growth of the Birmingham&rsquo;s economy and development in the coming future.HS2 Effect on house priceSitting at the heart of the&nbsp;high-speed&nbsp;rail network, HS2 brings great connection to Birmingham, cut the commute time to London from an hour will be cut to just 49 minutes, making Birmingham more accessible to anywhere. The new Curzon Street Station will be one of the most environmentally friendly stations in world. The construction will support 1,000 jobs and will help drive regeneration of the whole site.House prices in Birmingham are expected to see the highest house price growth over the next 5 years, rise more than any city in the UK, according to JLL UK new research. Birmingham will be one of the biggest beneficiaries from the HS2 rail link, and 2022 is a remarkable year that bringing Birmingham on the world stage when the city hosts the Commonwealth Games. An additional 6,300 relatively high earning jobs have been created in the city by HMRC and through organizing the Games. The average house price in Birmingham is expected to rise by 4.9% per year, with rental values rising by 2.8%.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1645005837/olmwebcontents/ip/prod/xyjvhvibbyjrdh75derj.jpg" />Growing demand for new buildThe excellent economic performance of Birmingham starts to attract global investors to diversify their property portfolios. Rising young population is producing a unique rental market in Birmingham. A talent pool mixed by high-earning individuals, is now looking for new residential development with quality design and amenities.Snow Hill Wharf&nbsp;is an exclusive development nestled between the tranquil canal-side and the vibrant Jewellry Quarter in Birmingham. Resident can enjoy the outstanding transport connections with only 7-minute walk from Snow Hill station and 8-minute walk to Colmore Business District. It also closes to the forthcoming High-Speed Railway station (HS2), offering easy access to London and the bustling city centre.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1645005856/olmwebcontents/ip/prod/diejaztjwn1vnyghd08n.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1645005866/olmwebcontents/ip/prod/n4l2wnqcx49xmaup73ku.jpg" />Snow Hill Wharf built to the Berkeley Group&rsquo;s high standards while it has been named the Residential Development of the Year (more than 100 units) at Insider's Midlands Residential Property Awards 2021. Snow Hill Wharf brings luxury living to Birmingham offering 1 to 3-bed apartments, with prices starting from &pound;322,500. These 420 apartments built to the highest level of specification and quality in Birmingham offer a host of unique facilities, such as 24-hour concierge service and residents-only facilities, including a gym, sauna, steam room, cinema and lounge.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1645005877/olmwebcontents/ip/prod/i9yq6l7cli3ak5qrjn22.jpg" />&nbsp;For more information about Snow Hill Wharf and other residential properties in Birmingham, 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>.

Snow Hill Wharf, Birmingham - Exciting location for global property investors

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As London's second&nbsp;financial hub&cedil; Canary Wharf is full of towering office buildings that its streets are remains relatively busy in the New Year. According to the latest update from JLL UK team, Canary Wharf rental market in the first month of 2022 is strong in demand that lettings figures are higher than the same period of last year.The UK government has been encouraging citizen to &ldquo;learn to live&rdquo; with the coronavirus since last summer that people has been getting back to office. According to TfL journey figures, the highest day for the City section in the first half year of 2021 was on May 27. Entry and exit taps totaled 264,637 on that Thursday. Canary Wharf was one of the busy stations where 37,393 taps were made that day.High rental demand in different new buildWith an excellent transport network, Canary Wharf remains a lucrative spot in which to own real estate in England&rsquo;s capital. Analysis of LonRes 2021 data shows that most of the capital&rsquo;s prime neighbourhoods achieved upward growth in the average rent. While Canary Wharf and the Docklands is the most affordable pocket of the prime rental market with the monthly rent averaging &pound;1,980, 5% up compare with Q3 2021. It means that people are likely to stary in Canary Wharf enjoying the cost-effective choices of high-end apartments.According to JLL UK team, activity of new applicants&rsquo; registration is active that demand for property in Canary Wharf is high. In the first week of January, there have already more than 9 deals of lettings are agreed from JLL UK which is higher than any previous January.New builds in Canary Wharf have achieved sharp rental growth compare with last year. The 1-bed rent of Landmark Pinnacle, one of London's tallest residential tower, is currently range between &pound;2,000 to &pound;2,600 per month, 36% higher than Q1 2021. The Units are now rented up to floor 70 that luxury studio apartments are the most popular now.Landmark building is ready for occupationApart from Landmark Pinnacle, Amory Tower is a 53-storey new residential development reaching the panoramic views of Canary Wharf that ready to move in now. Standing 182m tall, it covers the River Thames and beyond at one glance.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1642577139/olmwebcontents/ip/prod/qaat9cuvm3bmpj8btisy.jpg" />Developed by LBS Properties, Amory Tower is designed with its exemplary track record in London. Most of the apartments can enjoy private outside space that the balcony connects the living room and bedroom together. Highline club residents&rsquo; amenities including 12-metre pool, gym, sauna, steam room and landscaped gardens offers a wide variety&nbsp;of&nbsp;way for relaxation.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1642577154/olmwebcontents/ip/prod/t1y6diahmud89bvtbh8a.jpg" /> On-site view photo from 53/F south-facing unitSetting in the prime location of Canary Wharf, it takes only 3-minute walk to South Quay DLR station, which make residents get across the capital is effortless. The Jubilee Line takes straight to the West End, while the Docklands Light Railway provides direct access to the City. The new Crossrail will further boost up the connection speed across the city in the future. The development is not only easy access to station but also link up Canary Wharf shopping malls with just 10-mintue walk, where offers everything on your doorstep.Hot pick for investmentCanary Wharf is a diverse commercial district where it is home to&nbsp;over 150 office tenants including national and global headquarters. The demand for residential remains consistently stable with the large and steady group of tenants from young professional.As a sumptuous&nbsp;and new&nbsp;development in Canary Wharf, the rental market response towards Amory Tower is active and positive. The rent of studio apartment is now range between &pound;1,560 to &pound;1,700 per month, according to JLL UK. The latest rental figures also show that balcony units are popular that can reach to higher rent.Amory Tower is a collection of 319 residential apartments, with prices starting from &pound;512,500 for a studio apartment.For more information about Amory Tower and other residential properties in London 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>.

Keep up with Canary Wharf Market: Amory Tower is ready to move in with stable rental demand

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Living in the most liveable city Edinburgh: Reinvent the rich history and capture the rare opportunity to acquire new residential apartments

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HONG KONG, 17 November 2021 -- Global property developers R&amp;F Properties (UK), and C C Land, are proud to launch Building No., Thames City, a collection of 227 of one to four-bed apartment and penthouse units ranging from 603 sq ft to over 5,000 sq ft of spacious and lateral residences, set across 37 storeys, centred in the heart of Nine Elms &ndash; London&rsquo;s most desirable riverside neighbourhoods.Set to welcome first residents in Summer 2022, Thames City is one of the largest mixed-use schemes to be built in the UK, a thriving new district for central London and the eastern hub of the Nine Elms regeneration programme.Nine Elms is witnessing increased demand, following the recent opening of London&rsquo;s Northern Line Extension, which will include a new station at Nine Elms serving their Thames City development. Sales agents, JLL anticipates significant increase in sales and lettings within Nine Elms over the next five years, with uplift sales and rental forecast at 22.5% and 13% respectively.This is the second building to be unveiled by R&amp;F Properties UK at Thames City this year, following a successful launch of Building No.8 Thames City, a 53-storey building offering new and unparalleled views across the River Thames and London.Designed by internationally acclaimed architects Skidmore Owings &amp; Merrill LLP (SOM), with interiors by award winning interior studio HBA Residential &ndash;Thames City is already forming a&nbsp;thriving and exceptionally connected new district in &lsquo;downtown&rsquo; central London.With interiors by HBA Residential, the international residential specialist of Hirsch Bedner Associates, the open-plan and flexible spaces have each been delivered to a high- specification and finish. Boasting unrivalled and panoramic views across the River Thames, natural light floods through each home through floor-to-ceiling windows, and residents will also benefit from large terraces to truly and bring the outdoors in.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1637241959/olmwebcontents/ip/prod/iyo8k7auhxpoavq201am.jpg" />Residents of Building No.9 Thames City will have access to a wealth of exceptional five-star services and amenities, internationally acclaimed luxury design studio AB Concept.These exceptional spaces have been designed by AB Concepts including a spa wellness centre consisting of relaxation and treatment rooms, a large swimming pool, steam, sauna and jacuzzi, gym with yoga and dance studios, level 39 sky lounge (located in Building No.8).In addition, there will be podium private dining, private lounge and bar, cinema, karaoke, business centre, library, kids play and 24-hour concierge, in addition to a private entrance lobby, extensive podium roof gardens and 2 private podium courtyards with secure valet parking.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1637241970/olmwebcontents/ip/prod/ubu8ke7olzhbqx0hgk1i.jpg" />Guan Zhixiong, Chairman of R&amp;F Properties (UK): said:&nbsp;&ldquo;The launch of Building No.9 Thames City elevates contemporary living in the heart of a growing riverside community at Nine Elms, offering a new and rare opportunity in London&rsquo;s most desirable neighbourhoods.&ldquo;Sales to date have been successful and we look forward to welcoming first residents in Summer 2022. Thanks to the Northern Line Extension, and local development contributions &ndash; where we are providing an abundance of green spaces, including a new park &ndash; we are already seeing the area dramatically taking shape as it transforms into London&rsquo;s coolest riverside neighbourhoods.&rdquo;Dickie Wong, Deputy Chairman and Executive Director of C C Land, said: &ldquo;Together with R&amp;F, we&rsquo;re delighted that Thames City is already set to launch its second building, as its development pipeline continues to be delivered at strength and pace.&ldquo;We look forward to welcoming residents next year, and look forward to many upcoming announcements &ndash; across residential, commercial and public realm &ndash; over the next few months, as Thames City is transformed into prime Central London&rsquo;s most in demand 15 minute neighbourhood.&rdquo;Nick Whitten, Head of UK Residential &amp; Living Research at JLL, said:&nbsp;&ldquo;Elevating London luxury living, Thames City provides a unique and unparalleled opportunity south of the river. Rivalling many traditional and prestigious neighbourhoods, many buyers and investors look to prosperous Zone One locations &ndash; such as Nine Elms &ndash; where there is both opportunity and investment potential.&ldquo;The London property market is witnessing an increase in rental demand, following pent up activity as a result of the pandemic. Building No.9 Thames City, which welcomes first residents&nbsp;next year, presents a unique and central riverside opportunity in the early stages of growing interest and demand in the area. Furthermore, excellent new transport connections, such as the recent opening of the Northern Line Extension station, are highlighting the area&rsquo;s potential as a Prime district.&rdquo;Placing wellness and open space at the heart of this Zone One London location, a Great Lawn, network of walkways, cycle paths and intimate green spaces along the river will provide residents and the public a peaceful retreat from the hustle and bustle of the city.Prices for Building No.9 Thames City start from: &pound;799,000 (about HKD 8.37 million) and is on the market with international agents JLL.For more information, please contact Mandy Wong, JLL, tel: +852 3759 0909, email:&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>, or visit&nbsp;<a href="http://www.thamescity.com/" target="_blank">www.thamescity.com</a>&nbsp;Hong Kong launch event:<ul><li>Date:&nbsp;27 &ndash; 28 November 2021 (Sat-Sun)</li><li>Time:&nbsp;11am-6pm</li><li>Venue: Alexandra Room, 2/F, Mandarin Oriental Hotel, 5 Connaught Road Central, Central, Hong Kong</li></ul>

Building No.9 Thames City is unveiled as Nine Elms development and demand increase

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Being a leading candidate to host Integrated Resort (IR) with Casino as well as the World Expo in 2025, Osaka is eager to promote further infrastructural. Transportation is always the first and important element in economic development, Not only a new transportation connecting to Yumeshima, but city scape will be overall upgrade in Osaka.Economic impact of IR is expected to be huge and contribute largely to job creation. Alongside with this, political stability, steady population growth and strong rental market are also great reason for people to invest in the further growing Osaka which make the city become an investment hotspot.Osaka&rsquo;s key business districtFine Residence Osaka Honmachi is in Nish-ku, situated right next to the heart of business district Honmachi in Osaka. According to the National Institute of Population and Social Security Research, Nish-ku is ranked no.1 in future population growth forecast in Osaka City, means that it is a popular place for local people to live and work there.The project is perfectly located between 2 important central business districts Kita-ku and Chuo-ku. Many renowned companies such as ORIX, IBM and Konoike have set up headquarters and branches there. With the large and steady group of tenants from expertise, demand for residential property and local rental markets will remain strong and active in long term.Transportation Hub connect airport directlyWith only 5 mins walk convenient access to Hommachi Station, Yotsubashi Station and Shinsaibashi Station, the project captures 4 train lines including the Midosuji Line, the most used metro line in Osaka.3 train line extensions are being planned which will further enhance connectivity in Osaka. Great train connectivity and new train line to be expected which will directly connects to Umeda area and Airport. New &ldquo;Naniwasuji Line&rdquo; which is scheduled to complete in 2031 will connect &ldquo;Kita Umeda&rdquo; and Kansai Airport in one direct line. The travelling time between Osaka and Airport will be shorten to 44 mins from current 64 mins. &ldquo;Naniwasuji Line&rdquo; new station &ldquo;Nishi Honmachi&rdquo; is also being planned just 5 minutes walk from Fine Residence Osaka Honmachi.Live like a localFine Residence Osaka Honmachi not only captures office area, not also surrounding by different shopping and entertainment area, town of gourmet and park. People can enjoy a mix of bustling city and tranquil living by 15 mins cycling to the major destination in Osaka, such as Namba (7mins) and Umeda (9 mins). Utsubo Park, one of the largest parks in the city open all year is located just 12 mins walk away from the project. Livable neighborhood with 24 hours open supermarkets and gym room nearby providing both great accessibility to work and convenient living for the resident.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1636695478/olmwebcontents/ip/prod/zoimp7jywwhygpymzkik.jpg" />Fine Residence Osaka Honmachi is a 15-story compact apartment by Keihan Real Estated Co., Ltd. The project provides 99 units, consists of 1 Bed and 2 Bed with price from HK$1,987,620.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1636695490/olmwebcontents/ip/prod/oao7f8yqiu74auuiumlt.jpg" />Jones Lang LaSalle Investments Limited is a licensed real estate agent. License number: C-082467.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. *Prices and details correct at time of going to press. ^Walking times and travelling times are approximate. Source: Google Maps. Property number: IRP_N_101_23585. Construction Permit Number: 2019 Kakuninkenchiku CIAS02301 (4 Mar 2020), 2021 Kakukoukenchiku CIAS00022 (28 Apr 2021) granted by Ministry of Land, Infrastructure, Transport and Tourism Kinki Regional Development Bureau with freehold. The last updated date: 10.11.2021For more information about Fine Residence Osaka Honmachi and other residential properties in Japan, 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>.

Investing in Osaka: Fine Residence Osaka Honmachi enjoy 4 trainlines and 3 stations within 5 mins walk

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<div><div id="block-system-main"><article id="node-1405" about="/news/2021/11/10/uk-residential-forecasts-2022-2026" typeof="sioc:Item foaf:Document" data-sf-ec-immutable=""><div><div><div property="content:encoded">People living preferences and attitudes have changed over the Pandemic. The new way and standard come up which hosing demand has altered. Despite the COVID-9 challenges, the property market recovery in UK comes over earlier than expected, strong house price movement reflecting high levels of demand.The global economy is expected to continue its recovery in 2022, there will continue to be strong price growth across all major markets in UK. Cities will bounce back more strongly in terms of price growth and rental growth than rural areas as there continues to be a renewed desire to return to more &lsquo;normal life&rsquo;. This bounce will particularly be felt in 2022 and 2023.Urban growthDriven by mortgaged households who have seen high wage growth, housing equity growth over the past decade and can now also access historically low mortgage rates.&nbsp; Around 10 million of the UK&rsquo;s 28 million homes fit this profile. Even if a relatively small percentage of these households opt to move, it will fuel a high proportion of short-term demand for a market that is predicted to see around 1.2 million transactions per annum in the coming years.Green premium JLL expects there will be an increase in demand for more energy efficient, lower carbon sustainable homes over the next five years due to the climate crisis. In 2021 five new lenders entered the green mortgage market. There are now 14 green mortgage lenders in the UK with a total of 26 product offerings, this growing interest will create a green premium for energy efficient homes or a brown discount for poor performers. Our data also shows that urban new builds are by far the most sustainable on the market.London &amp; the South EastPrime Central London is forecast to see particularly strong activity over the next 24 months based on an anticipated return in travel from the world&rsquo;s high net worth individuals and a severe undersupply of homes for sale and rent. JLL continues to rank London among the global elite cities with the UK Capital scoring particularly highly for its transparency, talent growth and concentration of innovative businesses.East of England, Midlands, South West &amp; WalesJLL expects Birmingham remains the city which will has the highest house price growth over the next 5 years. Bristol is expected to see the second highest increase in GVA of the major UK cities (15.6%) and highest increase in average weekly earnings (14.7%) over the next five years according to Oxford Economics.Northern EnglandAccording to Oxford Economics, Manchester is set to see the highest rate of economic growth of all the major UK cities over the next five years with GVA growth of 16.4%. The rapidly growing technology sector has increased in relevance within Leeds in recent years and this is expected to drive house price and rental growth in the next five years. The South Bank area is viewed as an emerging digital hub, with Leeds Dock in particular tailoring offices towards the tech industry.ScotlandEdinburgh is expected to see among the highest house price growth of the UK&rsquo;s major cities with the new local plan likely to restrict new housing supply in the Scottish Capital. Demand will continue to outstrip supply driving cumulative house price growth of 26% over the next five years.For more insights on the real estate markets and residential properties in the UK,&nbsp;<a href="https://internationalresidential.jll.com.hk/insights">click here&nbsp;</a>or contact JLL International Residential at +852 3759 0909 or&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com</a>.<a href="https://internationalresidential.jll.com.hk/download?pdf=1406&amp;return_to=news/2021/11/10/uk-residential-forecasts-2022-2026" target="_blank">Download Report</a><div> </div></div></div></div></article></div></div><div>&nbsp;</div>

UK Residential Forecasts 2022 – 2026: Cities will bounce back more strongly than rural area

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Barratt London&rsquo;s Barnett Apartments offer stunning views over the Grand Union CanalHONG KONG, 1 November 2021&nbsp;- Barratt London is launching the highly anticipated next building of its Hayes Village regeneration scheme in West London. The Barnett Apartments are the only waterside properties available at the development, offering a charming setting with views across the Grand Union Canal.Launching exclusively with global real estate firm JLL in Hong Kong on 6th&nbsp;November, the Barnett Apartments are located in a quiet corner of Hayes Village, offering a diverse collection of 113 studio, one-, two- and three-bedroom apartments. With a rich heritage, West London&rsquo;s iconic Nestl&eacute; chocolate factory once stood at the heart of the development, which offers two-acres of communal green space and an outdoor gym in homage to Eugene Sandow, the former herculean strongman who owned the factory in its Art Deco heyday.Designed by award-winning architects DMFK, the studio, one-, two- and three-bedroom apartments offer spacious, cleverly designed living spaces that are filled with natural light. Open-plan living areas feature full-height windows, and every kitchen is equipped with a range of modern appliances and a contemporary design, perfect for cooking and entertaining friends and family.Bathrooms and en-suites feature stylish white and chrome fittings and are finished in attractive ceramic tiling. All homes within the development also have their own private balcony or terrace: a generously sized extension of living space, and ideal for outdoor dining.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1635918933/olmwebcontents/ip/prod/mmpeacbgh1ecsqkqqxbo.png" />Mandy Wong, Head of International Residential at JLL in Hong Kong, comments: &ldquo;Given the appeal of waterside residential project, we expect the new phase of homes at Hayes Village to be a popular choice amongst our buyers. As well as appealing to end users, the development will also offer investors the opportunity to reap the rewards of London&rsquo;s strong rental yields and capital gains potential.&rdquo;Ed McCoy, Sales and Marketing Director at Barratt London, comments: &ldquo;Hayes Village is a heritage-led project with strong links to the past. The new apartments being established here celebrate the site&rsquo;s rich industrial history, whilst creating a truly unique new London village.&rdquo;Residents at Hayes Village will be reminded of the factory&rsquo;s unique chocolate legacy around every corner, from &lsquo;Nestle Avenue&rsquo; to &lsquo;Milk Street&rsquo;. The iconic London site was home to many landmark inventions, including the world's first instant coffee, the discovery of white chocolate and the famous Milkybar.After closing its doors in 2014, the redevelopment of the 30-acre site is due to significantly revitalise the immediate area. Due for completion in 2027, Hayes Village will provide 1,500 new homes to the community and open nine-acres of previously unused green space. This includes a 1.3km walking trail, 200m&nbsp;running track, the redevelopment of the canal frontage, a new public square, and a convenient footpath from the historic green to Hayes and Harlington train station &ndash; a key beneficiary of Crossrail.Ideal for young professional owner-occupiers and renters, the development is situated close to a number of large businesses, including GSK, Sky and Apple. Rental values in the area are forecast to grow by 18% over the next 5 years (Source: Strutt &amp; Parker Lettings Agent) with rental demand remaining high.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1635918945/olmwebcontents/ip/prod/fmychgp9xkayyxtishwq.jpg" />Studio, One-, two-, and three-bedroom apartments are available in the Barnett Apartments phase, with prices starting from &pound;288,000 (about HKD 3.06 million). Barratt London also offers bespoke packages for investors including furniture packages by interior designer InStyle.Barratt London&rsquo;s Ed McCoy concludes: &ldquo;This development is an exciting new prospect for Hayes, bringing a vibrant residential community to the area. With extensive amenities and excellent commuter links, it is set to put this quiet corner of West London on the map.&rdquo;For further information on Barratt International, please visit&nbsp;<a href="https://www.barratthomes.co.uk/new-homes/london/campaigns/international/" target="_blank">https://www.barratthomes.co.uk/new-homes/london/campaigns/international/</a>.&nbsp;JLL Exhibition Details:<ul><li>Date: 6th &ndash; 7th November (Saturday and Sunday)</li><li>Time: 11am-7pm</li><li>Venue: Statue Sq &amp; Alexandra Room 2/F Mandarin Oriental Hotel 5 Connaught Road Central</li></ul>

WATERSIDE APARTMENTS SET TO DRAW IN BUYERS AT BARRATT LONDON’S ICONIC DEVELOPMENT: Barnett Apartments Launch at Hayes Village, West London

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With perfect location in Zone 2, King&rsquo;s Road Park is a residential-led mixed-use development including a new public park and square that embrace the site&rsquo;s gasworks heritage.The coronavirus&nbsp;pandemic&nbsp;has changed the UK property market in different ways, since the Zone 2 house price has dropped 2% at May 2019, according to track record from JLL and Dataloft. However, Fulham stills shine bright attracting high-earning young homebuyers within this period that its house price index keep moving at a&nbsp;steady&nbsp;clip.Fulham&rsquo;s property market has been risen since Covid-19, as more buyers seek for roomier house with outdoor area. According to The&nbsp;Land Registry, the number of house sales in the SW6 postcode was 59% higher than the same period in 2019, which shows the demographic advantage of prime London area.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1634795908/olmwebcontents/ip/prod/xdf5jey0kofuqmfdbmsj.jpg" />Zone 2 area with great opportunityBeing a part of the&nbsp;Fulham&nbsp;Riverside Regeneration Area, King&rsquo;s Road Park will provide 1,847-homes and 100,000&nbsp;square feet of commercial space, a new public square, private gardens and 3 renovated period buildings, all set within 6 acres of landscaped parkland. The project is developed by St William, a joint venture between Berkeley Group and National Grid, becoming the last remarkable project of its scale in the zone, providing homes ready for occupation in Q3 2022.King&rsquo;s Road Park is in one of south-west London&rsquo;s most celebrated locations. This sought-after address is well connected and close to the very best that London has to offer 100,000 sq. ft. of commercial space that will provide a choice of restaurants, bars, and offices.London on the doorstepPerfectly located in Zone 2, King&rsquo;s Road Park is close to three major transport hubs which afford residents easy access to London and the rest of the UK. With access to the river, residents can also enjoy the River Bus service along the beautiful Thames.Taking around 9 minutes walk, residents can connect to the Central London by the nearest Overground rail station Imperial Wharf. The nearest Underground station Fulham Broadway also linkup Fulham to other areas easily.Grand facilities in iconic neighborhoodKing&rsquo;s road named from the functions as a private road built for King Charles II to travel to Kew, remained a&nbsp;private royal road until 1830. It is one of the cultural streets in London with everything gathering in one place nowadays where trendy high fashion takes place. Backed up by the fascinating rich history, King&rsquo;s Road Park is just 60 metres from King&rsquo;s Road and close to the River Thames, surrounding by various culture facilities. Resident can enjoy match at Chelsea Football Club, shows at Royal Court Theatre or exhibitions at the Saatchi Art Gallery.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1634795921/olmwebcontents/ip/prod/lx4xdplwb30mzbukefuc.jpg" />King&rsquo;s Road Park is well-known with the design of grand big terrace enjoy views to two Grade II listed buildings and resident&rsquo;s garden. The chilling lifestyle has been expanded by the world-class facilities. Lobby with a 24-hour concierge, a private dining room and meeting rooms are on the ground floor and first floors. Luxury amenities including the 25m swimming pool, vitality pool, sauna and steam room, golf simulator and games room, gymnasium, treatment rooms and two cinema rooms. The residents&rsquo; lounge with atrium courtyard garden also provides the perfect relaxation way to end a busy working day.&nbsp;For more information about King&rsquo;s Road Park and other residential properties in London 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>.

King’s Road Park: South Fulham Riverside property shines during pandemic

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<div><div id="block-system-main"><article id="node-1375" about="/news/2021/10/13/premium-riverside-lifestyle-offering" typeof="sioc:Item foaf:Document" data-sf-ec-immutable=""><div><div><div property="content:encoded">The Royal Docks has become a distinctive London neighbourhood offering a premium waterfront lifestyle bringing together high quality residential, commercial, and recreational amenities with excellent connectivity to the city centre, workplaces and the world beyond. The area offers renters and homeowners great access to what are now the top living priorities according to research from JLL.The report will provide you the valuable insights into:<ul><li>House price forecast and rental forecast</li><li>Infrastructure and economic improvements</li><li>Letting market</li><li>Royal Docks average monthly rents</li></ul>&nbsp;To learn more the latest information of Royal Dock, please download the report now!<a href="http://internationalresidential.jll.com.hk/download?pdf=1374&amp;return_to=news/2021/10/13/premium-riverside-lifestyle-offering" target="_blank">Download Report</a><div> </div></div></div></div></article></div></div><div>&nbsp;</div>

Royal Docks: A premium riverside lifestyle offering

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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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St James, part of the Berkeley Group, has launched a new collection of parkside homes set within the green landscape of White City Living in London&rsquo;s W12.&nbsp;A world class social, cultural and educational destination&nbsp;Parkside residents will find themselves surrounded by world-class retail, entertainment, education, culture and commerce, with Westfield London &ndash; Europe&rsquo;s largest retail destination &ndash; on the doorstep, which is now home to the second branch of Harrods, the world&rsquo;s leading luxury department store.&nbsp;In addition, White City Living is located within 30-minutes of four of London&rsquo;s top five universities including University College London, London School of Economics and Imperial College London, which is currently developing a new 23-acre campus and innovation hub adjacent to the scheme. Families are also well catered for, with the prestigious Notting Hill Prep School and St Paul&rsquo;s Girls School located close-by, while Eton College and Harrow School can be reached within 40 minutes.Positioned moments from Holland Park, Notting Hill and Kensington, White City Living is home to more than 2,300 new homes alongside 60,000 sq ft of mixed-use commercial space and eight acres of open green landscaping, including the Exhibition Park which is a new five-acre public park.Residents enjoy outstanding transport connections to London and beyond. White City and Wood Lane Underground stations provide quick and easy access to key London hotspots including West End, Bond Street and Mayfair in less than 15 minutes.&nbsp;At home in natureAptly named Parkside, the new apartments overlook the Central Gardens and offer some of the best views of this new neighbourhood, located within eight acres of open green landscaping, including magnolia gardens and serene waterscapes.Designed by internationally renowned architects Patel Taylor, Parkside&rsquo;s elevated views face to the west, whilst the verdant gardens below epitomise the passing seasons.With a landscape designed by Murdoch Wickham, White City Living&rsquo;s extensive green spaces mean the new Parkside apartments are enveloped by nature. Residents can enjoy a network of water gardens and landscaping features, with all apartments featuring outside space in the form of balconies or terraces.Enhancing biodiversity and giving life to a spectacular landscape is key to St James&rsquo; regeneration vision; so far more than 6,400 native trees have been hand-selected along with a wide variety of native planting, which will provide valuable habitats for a range of wildlife.The landscape is almost entirely car-free to encourage a pedestrian approach and aims to deliver a greener environment. Electric car charging points are provided to all parking spaces, alongside an on-site car sharing club and secure cycle parking.&nbsp;&nbsp;A seamless experienceParkside includes suites, one, two- and three-bedroom apartments that are ideally suited to owner-occupiers looking to take advantage of all the area has to offer; including access to Imperial College London&rsquo;s largest campus, Westfield London and outstanding transport connections.Catering perfectly for modern life, residents enjoy access to White City Living&rsquo;s unrivalled private facilities which will be newly opened at the beginning of 2021. A state-of-the-art Home Club occupies more than 20,000 sq ft across two buildings. The Home Club is a multifunctional space to work, meet, socialise, relax, and keep fit. Residents also have access to two individually designed private lounges that provide a perfect place to work during the day or relax in the evening and a 24-hour concierge.Touch-free access technology is incorporated throughout all residents&rsquo; facilities. This innovative technology removes the need for residents to touch door handles or press lift buttons and switches, from the moment they arrive at White City Living.Mandy Wong, Head of International Residential at JLL in Hong Kong&nbsp;said, &ldquo;The UK housing market has been generating high interest from buyers in Hong Kong, with investors recognising its resilience even amid pressure from uncertainties following Brexit and Covid-19. A rising trend in remote working has led to growing demand from affluent young families for a flexible work-leisure space that has both access to nature and convenient technologies. Parkside embodies all of these features on top of having excellent transport connections and fantastic growth potential in its surroundings, making it a prime location for those who are looking to ride the tide of the transforming real estate landscape in the UK and make an ideal long-term investment.&rdquo;&nbsp;Homes at White City Living start from &pound;727,500 (HKD7.72 million). For further information, please contact Mandy Wong, JLL, tel: +852 3759 0909, email:&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. Acquiring interest in an apartment in the building with 999 Years leasehold. Planning Permission no: 2019/01300/RES granted by London Borough of Hammersmith &amp; Fulham. Property ID: IRP_N_101_00309. Last updated date: 04.01.2021.

St James launches Parkside at White City Living

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Matching Green has launched Dockley Apartments, an exciting new residential development located a stone&rsquo;s throw from the heart of Bermondsey and is set to complete in Q2 2022. The development offers 111 apartments across 8 levels, comprising of one, two and three-bedrooms, each with a generous private terrace and many with far-reaching views across London.&nbsp;Spacious outside living and sleek design for modern comfortThe apartments are finished to an excellent specification with contemporary interiors and stylish layouts. Each unit is thoughtfully designed to maximize space and light, from open-plan kitchens, underfloor heating to frameless shower screens. The apartments are wired for fibre optic broadband, essential for the emerging trend of working from home. The face of the development showcases an innovative tiered design, which allows for spacious private terraces for each apartment. Residents will exclusively benefit from a sheltered all-weather children&rsquo;s play area, landscaped central courtyard and two communal roof terraces with comfortable seating and year-round sunlight. The project is also equipped with secure parcel lockers to accept personal deliveries. Built to the highest environmental standards, with sustainable modern design and high-quality materials, this impressive development breathes new life into a historic industrial site.&nbsp;Perfectly located in a trendsetting yet historical districtDockley Apartments is conveniently located within a five-minute walk from Bermondsey tube station in Zone 2, ten minutes from the River Thames and vibrant Bermondsey Street. Canary Wharf, the business district, is only four minutes away on the Jubilee Line.Bermondsey, host to London&rsquo;s first railway, was named &lsquo;Best Place to Live in London&rsquo; in 2018 by the coveted Sunday Times. Known as a thriving hub for food and drink, Bermondsey hosts a wealth of bars, breweries, restaurants and cafes. The neighbourhood also offers parks, modern art galleries and an independent cinema, providing a rich cultural atmosphere. Sitting alongside Dockley Apartments are a collection of railway arches which, in conjunction with Matching Green, Monmouth Coffee and Neal's Yard Dairy, have been restored to create Spa Terminus where like-minded food production and distribution companies now occupy these spaces. From cheesemongers and greengrocers to butchers and brewers, Spa Terminus consists of companies who supply some of the absolute best food products on the market, all on Dockley Apartments&rsquo; doorstep.Along with Dockley Apartments, Matching Green is currently developing Dockley Road, a development of approximately 12,000 sqft of commercial and retail space. The project will create a new pedestrian street and a new series of commercial units opposite the railway arches, contributing to the range of artisan producers on-site. This will create a dynamic street open for Saturday market trading forming a key part of Southwark&rsquo;s Low Line walking routes and establishing an exciting centre of activity and enterprise.&nbsp;Units at Dockley Apartments start from &pound;544,500. 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>.

Contemporary Apartments in Central London’s Thriving Neighbourhood

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Limited collection of apartments unveiled at White City Living, located in London&rsquo;s central Zone 2&nbsp;HONG KONG, 14 May 2019&nbsp;&ndash; St James, part of the Berkeley Group, has launched the Bowery at White City Living, the centrepiece of the major west London opportunity area. The Bowery will comprise 40 one- bedroom and 20 two-bedroom apartments, each complete with its own private balcony. Wellness is at the heart of the Bowery, with residents benefiting from direct access to the scheme&rsquo;s Home Club facilities, all of which are located within the building.Once complete, White City Living will create a brand-new destination with over 1,800 homes set amongst eight-acres of open space, including a five-acre public park. Situated in a central Zone 2 location, White City is set to become the Capital&rsquo;s brightest new neighbourhood, home to BBC worldwide and the largest shopping centre in Europe: Westfield London. The scheme is also located next to London&rsquo;s most prestigious and renowned educational institutions, including Imperial College London&rsquo;s new campus. An array of popular bars and restaurants are also opposite the development and close by at Westfield London.Poised for growthWhite City Living will offer residents the opportunity to invest in a popular area of London. JLL forecasts the housing prices in West London&rsquo;s prime location will rise 13% in the next five years. Furthermore, Sterling is also anticipated to appreciate against the US Dollar by 15% by 2021, making White City Living an investment that is likely to deliver favourable returns for buyers down the line.Nick Whitten, Research Director at JLL in UK, said: &ldquo;London remains one of the world&rsquo;s premier investment locations. Alongside the key fundamentals, London also boasts a world leading cultural and leisure offering. It is the most culturally diverse city in the world with more than 250 languages spoken and is one of the world&rsquo;s tourist capitals, welcoming circa 20m visitors per year.&ldquo;White City is also extremely well connected and the area attracts a broad base of residents. There are currently over 25,000 renters in the surrounding area that earn over &pound;60,000 per annum, illustrating the underlying demand for homes. This demand will grow as White City Living further transforms into a world- leading hub of research, innovation and education, fashion, retail, media and entertainment.&rdquo;A prime location for education with unparalleled connectivityWhite City Living is uniquely positioned next to some of London&rsquo;s top schools and universities. Imperial College London is consistently ranked a top 10 university in the world and is developing a new 23-acre campus next to the development, whilst UCL, LSE and King&rsquo;s College are all just 30 minutes away.Furthermore, prestigious schools such as St Paul&rsquo;s and St Paul&rsquo;s Girls are on White City Living&rsquo;s doorstep within a 10 minute drive, while Eton and Harrow can be reached within 30 minutes&rsquo; drive.The development is only two minutes&rsquo; walk from Westfield London, the largest shopping centre in Europe, which features luxury boutiques and over 750 brands. Other London retail favourites are also within easy reach, including Selfridges and Harrods which are both a 20-minute drive away or 12 minutes on the underground. The area is further complemented by the prime residential neighbourhoods of Holland Park and Notting Hill, both of which are within walking distance of White City Living.Furthermore, White City Living boasts exceptional transportation links. White City and Wood Lane Underground stations are located next to the development&rsquo;s entrance and are served by the Central, Hammersmith &amp; City and Circle lines, allowing residents to reach Marble Arch in 10 minutes and the West End in 14 minutes.Thoughtful design with the finest amenitiesHomes at the Bowery have been thoughtfully designed and residents will benefit from smart interior spaces that are generously proportioned and bright, with many apartments offering views over the private Magnolia Garden. Apartments within the Bowery are finished to the highest specification, including kitchens with integrated Miele appliances and underfloor heating and comfort cooling.As an extension of their home, residents at White City Living will have direct access to a wealth of facilities, which have been specifically tailored to the development. Many of these amenities can be found across the lower ground, ground and first floor of the Bowery, providing residents with direct access to the gym, spa, and swimming pool with adjoining sun terrace. Additionally, the Bowery benefits from being connected to Belvedere Row where the remaining residents&rsquo; amenities can be found, these include a private dining room, two 12-seater cinema rooms, a multi-purpose entertainment suite and a fully- equipped business lounge and meeting rooms.The green centrepiece of a new destinationWhite City Living will feature eight-acres of gardens, designed by award-winning landscape architect, Murdoch Wickham. This will include water features and a five-acre public park, which will create a focal point for the neighbourhood. With planting for every season in the Magnolia, Autumn, Central and Spring Gardens, White City Living will feature contrasting and complementing colours all year round.First residents at White City Living are expected to move in this summer. Prices at the Bowery start from &pound;735,000 (about HKD 7.5 million).&nbsp;Exhibition details:Date: 25th &amp; 26th May 2019 (Sat &amp; Sun) Time: 11:00am &ndash; 7:00pmVenue: Suite 3001, 30/F, Edinburgh Tower, The Landmark, 15 Queen&rsquo;s Road Central, Central, HK&nbsp;&nbsp;For more information about the project, please contact JLL International Residential:Mandy Wong,&nbsp;<a href="mailto:irp.hk@ap.jll.com">irp.hk@ap.jll.com,</a>&nbsp;(852) 3759 0909

BERKELEY GROUP LAUNCHES NEW HOMES IN WEST LONDON

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