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Residential investment property in central London set to launch on March 20

By Nur Hikmah Md Ali

/ EdgeProp Singapore |

March 15, 2024 5:00 PM SGT

The property covers an expansive 10 acres, with units comprising one- to three-bedroom apartments (Photo: Knight Frank Singapore)

A new residential investment property, Holloway Park, consisting of 985 units, is up for sale in Islington, central London. Knight Frank announced on March 14 that it will be available on March 20 from GBP1,000 psf ($1,704 psf).

The property covers an expansive 10 acres. Its units comprise one- to three-bedroom apartments with private outdoor spaces, a rooftop terrace, and residents’ podium gardens. Outside the homes is 13,000 sq ft of commercial space and over 8,750 sq ft of amenity space, including a proposed cafe and several retail outlets.

The development's amenities include a fitness studio, residents’ lounge, a work-from-home space, a library, a bookable private dining room for entertaining, a children’s play area and a 24-hour concierge.

Read also: High London rents spur local home buyers in 1Q2024; prime Central London flat prices jump 1.4% q-o-q

Developed by housing provider Peabody and residential developer London Square, Holloway Park is located within green spaces, cultural and business hotspots, and the city’s top universities like King’s College University, London School of Economics and Political Science, and University College London. It is within walking distance to King’s Cross Station, a tech hub and business and retail scene.

Clarice Lau, head of sales in residential (international project marketing) at Knight Frank Singapore, says that there is a huge demand in the Islington area’s rental market, especially from professionals working in tech, media and finance, with an increase in rents by 58% over the past two years. Holloway Park will be launched in Singapore on March 20.

Tags:

prime central London

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