Property News · June 25, 2018

Developers zero in on affordable projects away from London as prices level out in the city centre


As London home price gains slow down and transactions decline after a doubling of prices from a decade ago erodes affordability, developers are turning their focus away from the city centre.
Cheaper land and availability of larger sites – sometimes from regeneration of old neighbourhoods – has seen some developers put more resources into these projects to meet the city’s housing shortage.
“The prime central London market has levelled out in the last two years, which…

Source : South China Morning Post
Read more…Developers zero in on affordable projects away from London as prices level out in the city centre

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