Property DOOM

[BrilloPad]

I can't imagine they've already cleared the chemicals from that site to a sufficient degree with which human health is no longer at harm.

Ken all those celebrities dying off recently in the UK. They all lived in London. Cancer the common killer among them. Too many carcinogenic floating around that city.

My sister and brother-in-law worked at ICI Slough. They can pollute to a certain limit. And they pollute right up to that limit.

[scooterscot]

I can't imagine they've already cleared the chemicals from that site to a sufficient degree with which human health is no longer at harm.

Ken all those celebrities dying off recently in the UK. They all lived in London. Cancer the common killer among them. Too many carcinogenic floating around that city.

[WTFH]

A luxury flat though, whatever that means. Nobody based in London tempted to go and look round for a lark? I would be considering the historic nature of the site.

Look at a flat round that part of London? Ha!




Pigs might fly.

[yasockie]

I think it has an inside toilet.

or you can piss on the plebs below from your balcony

[BrilloPad]

A luxury flat though, whatever that means. Nobody based in London tempted to go and look round for a lark? I would be considering the historic nature of the site.

I think it has an inside toilet.

[d000hg]

A luxury flat though, whatever that means. Nobody based in London tempted to go and look round for a lark? I would be considering the historic nature of the site.

[AtW]

IBs are tanking. Panama papers mean that London property overseas ownership might be revealed.

But the establishment will come to the rescue.

The establishment is waiting for massive collapse in premium residential properties in London so that they could buy them on the cheap...

btw, it's 1.5 mln quid for 2 (TWO!) bed-room flat!!!

[BrilloPad]

IBs are tanking. Panama papers mean that London property overseas ownership might be revealed.

But the establishment will come to the rescue.

[Troll]

£1.5m Battersea power station apartments held back from market

Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster

Luxury £1.5m apartments being built in the Battersea power station redevelopment are being held back from the market, as the downturn at the top end of the London property market hits sales.

Prices start at £1.39m for a two-bedroom apartment designed by the architect Frank Gehry on the £8bn site on the south bank of the Thames, while homes from Foster + Partners are marketed for £1.55m and upwards.

The chief executive of the Battersea Power Station Development company (BPSD), Rob Tincknell, told PropertyWeek that 35 apartments were currently up for sale, while another 150 were being held back. “If there is market demand, we will release more units, but the market has softened,” he said.

Tincknell added that his company was offering discounts to buyers but would not follow other London developers in doing heavily discounted bulk sales to institutional investors.

“The market is quite challenging - there are fewer buyers around,” he said. “That doesn’t mean we have stopped - we are still selling apartments, but we’re not chasing the market and we’re not worried.”

BPSD, which is owned by Malaysian investors, said it had sold property worth £110m since November across the whole site.

Properties are being released to buyers in tranches and since the third phase of marketing began in October 2014, 350 of the 539 apartments designed by Foster and Gehry have been sold.

Source: £1.5m Battersea power station apartments held back from market | Business | The Guardian

The only flats totally safe from price crash are in the right parts of Bham

Needs to be an "Official" thread ...otherwise it's just speculation

[sasguru]

KUATB

http://forums.contractoruk.com/gener...mission-3.html

[AtW]

£1.5m Battersea power station apartments held back from market

Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster

Luxury £1.5m apartments being built in the Battersea power station redevelopment are being held back from the market, as the downturn at the top end of the London property market hits sales.

Prices start at £1.39m for a two-bedroom apartment designed by the architect Frank Gehry on the £8bn site on the south bank of the Thames, while homes from Foster + Partners are marketed for £1.55m and upwards.

The chief executive of the Battersea Power Station Development company (BPSD), Rob Tincknell, told PropertyWeek that 35 apartments were currently up for sale, while another 150 were being held back. “If there is market demand, we will release more units, but the market has softened,” he said.

Tincknell added that his company was offering discounts to buyers but would not follow other London developers in doing heavily discounted bulk sales to institutional investors.

“The market is quite challenging - there are fewer buyers around,” he said. “That doesn’t mean we have stopped - we are still selling apartments, but we’re not chasing the market and we’re not worried.”

BPSD, which is owned by Malaysian investors, said it had sold property worth £110m since November across the whole site.

Properties are being released to buyers in tranches and since the third phase of marketing began in October 2014, 350 of the 539 apartments designed by Foster and Gehry have been sold.

Source: £1.5m Battersea power station apartments held back from market | Business | The Guardian

The only flats totally safe from price crash are in the right parts of Bham