Thursday, September 06, 2012

London property still looks hot

With London’s growing appeal as an investment destination, more buyers are on the lookout for good property deals, with buying interest rising 23 percent in the three months to July, according to Knight Frank’s July 2012 Prime Central London Index
.
One of the city’s newest developments is Canaletto, a 30-storey residential tower designed by Dutch architecture firm UNStudio.



The development features 190 apartments, ranging from studios to a large penthouse. It also has a restaurant, swimming pool, private cinema, health club and residents’ club on the 24th floor.

In addition, residents will have access to a ground floor garden and landscaped garden on Wharf Road that is accessible from the lobby. 

The project is funded by Orion European Real Estate Fund III, C.V., a fund sponsored by Orion Capital Managers LLP. Groveworld Ltd is acting as development manager.

Canaletto will be showcased at an exhibition from 14 to 16 September at the Senator Room, St. Regis, Singapore.

Meanwhile, the original masterpiece show flat (pictured
) at London’s iconic One Hyde Park has been put up for sale at £65 million (S$128.87 million) through Louise Hewlett of Aylesford International.
The apartment occupies an entire floor of around 9,000 sq ft and has been exclusively decorated and furnished by Candy & Candy.

“We have had significant interest from Asian and European buyers all of whom have been impressed by the exceptional standard of decoration and furnishings, as well as the full concierge and hotel services offered by the Mandarin Oriental Hotel,” said Hewlett.

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