By Romesh Navaratnarajah: A new landmark residential development in London's prime zone 1 neighbourhood will be launched in Singapore on 12 to 13 January, said developer Lend Lease.
Called One The Elephant (pictured), the project will comprise 284 studio to three-bedroom units within a 37-storey tower and four-storey pavilion. Apartments in the first release will be sold from £322,500 (S$640,430) onwards.
"Property in London offers buyers in Asia a level of stability and returns that few other markets can rival. The foundations of the Central London residential market are robust with a continued shortage of stock available and high levels of demand," said Mark Dickinson, Managing Director of Development at Lend Lease.
Designed by Squire and Partners, the modern looking One The Elephant is expected to play an important role in efforts to redevelop the Elephant & Castle area.
Moreover, the project is located close to two underground train lines that provide easy access to notable locations and attractions. It also offers scenic views of London's skyline. Residents can enjoy facilities such as a function room, 24-hour concierge service, space for bicycles and electric car charge ports.
Lend Lease is no stranger to Singapore, having helped in the delivery and subsequent management of Jem in Jurong Gateway. Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email firstname.lastname@example.org Related Stories: Keppel Land China acquires 5th site in Wuxi
Laos woos Chinese investment
Housing a bright spot for US economy