Property News Central London Residential Review 2012

Central London Residential

Colliers International has today released its first Central London Residential market review of 2012.

The key findings were:

  • Sales values at One Hyde Park are so far ahead of rest of the super prime market, that it is being used as a benchmark to set asking prices in the market.
  • Housebuilders and contractors who are traditionally focussed on the 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 and  the area is seen as a prime residential location due to its central location, good transport and cultural links.

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