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Landmark launch in Singapore

PropertyGuru

Artist's impression of Landmark Place in London. Source: Knight Frank

Landmark Place, the latest UK development, is hoping to attract buyers from Singapore with a property exhibition being held here next weekend (27 to 28 February) at the Four Seasons Hotel, revealed marketing agent Knight Frank.

Located within the prime London city district, the 165-unit development consists of two interconnected buildings, one of nine storeys and the other eleven storeys, which appear to be wrapped in glass. The project gets its name from three landmarks bounding the building - the Thames, the Tower of London and Tower Bridge.

A mix of one- to three-bedroom apartments and penthouses are available, with prices ranging from around 650,000 (S$1.3 million) for a one-bedroom suite to 10 million (S$20.14 million) for a penthouse.

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Landmark Place is served by the Tower Hill, Fenchurch Street and Cannon Street tube stations, as well as the Thames Clipper commuter and other leisure river services.

Linda Chern, Director, International Project Marketing, Knight Frank Singapore, said: "The UK remains one of the preferred foreign investment destinations for Singapore investors. Within close proximity to amenities, the development (Landmark Place) is easily accessible to the city and the financial district."

UK property portal Rightmove recently revealed that London home prices rose 5.4 percent month-on-month in February 2016, bringing the average price to 643,843 (S$1.3 million). Prices in inner London climbed almost eight percent to 848,000 (S$1.7 million) during the period.

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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