Thursday, September 11, 2014
The London Collection
The wife and I were invited
to a cocktail reception earlier in the week organized by Savills to showcase
The London Collection - a portfolio of three luxury residential properties
developed by Ronson Capital Partners.
The London Collection
consists of the following projects:
1. Riverwalk
Located on the North Bank
of the Thames in
Asking price for a 681sqft,
one-bedder is GBP1.40 million (GPB2,056psf) while a 934sqft, two-bedder goes for
GBP1.82 million (GBP1,948psf).
We do not have the asking
price for the one-bedder (either all 8 of them are totally sold out or yet to
be released) but the smallest 2-bedder of 1,137sqft on offer costs GBP3,600,000
(GBP3,166psf)!
3. The Heron
Completed in 2013, The
Heron is the tallest apartment tower to be built in
The showcase for the
evening only featured the
"Penthouse Collection"- these are the bigger units located on the
31st - 35th floor of the building. Each apartment is over 2,000sqft and
costs between GBP3.75 - 4.95 million. The 2 penthouses are 4,343sqft (3-bedder)
and 6,775sqft (4-bedder) respectively with prices only available "on
application".
Out of the 13 apartments
within the "Penthouse Collection", 8 of them have already been sold.
And if it's any consolation, the price will include 1 parking space within
the building.
The event was another
"education opportunity" for the wife and I: Other than reaffirming the
fact that we will not be able to afford anything within London City
itself (not in this lifetime anyway), it also reinforces the notion that location
is paramount when comes to determining the value of a property.
And speaking of location,
the view at the rooftop bar of The Fulleration Bay Hotel (where the reception was
held) was actually quite spectacular, despite this being a rather short
building.
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