Property News · July 13, 2015

Hundreds of flats in Canary Wharf development sell in less than five hours


Half the Maine Tower properties were bought by overseas buyers and range from £350,000 for a studio up to £1.25m for three bedroomsThe east London skyscraper has “a comprehensive array of elite lifestyle facilities” and boasts it is an “all-private tower” – meaning it has no apartments set aside as affordable social housing. And it has just proved that reports of the death of the capital’s housing boom may have been exaggerated.At a launch event for the 41 storeys of luxuriously appointed living, more than 200 apartments worth a combined £140m were snapped up in just four hours: the equivalent of £580,000 of sales every minute. And the development won’t even be complete until 2019. Continue reading…

Source : theguardian.com
Read more…Hundreds of flats in Canary Wharf development sell in less than five hours

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