Central London Residential Report - Feb 2012

February 17 2012, written by christian

Information supplied by Colliers International Research & Forecasting

• Sales prices at One Hyde Park are so far ahead of the rest of the super prime market they are being used as a new benchmark from which asking prices are now being set.
• Several housebuilders and contractors, who have traditionally focused on the wider UK residential market, have switched their focus towards London in order to take advantage of the international interest in the London super prime market.
• Various Southbank schemes are achieving premium sales prices as the area is becoming a prime residential location due to its proximity to the city of London, good transport and cultural links.