{"id":120043,"date":"2021-02-02T13:00:29","date_gmt":"2021-02-02T06:00:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/penthouses-and-poor-doors-how-europes-biggest-regeneration-project-fell-flat\/"},"modified":"2021-02-02T17:53:09","modified_gmt":"2021-02-02T10:53:09","slug":"penthouses-and-poor-doors-how-europes-biggest-regeneration-project-fell-flat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/penthouses-and-poor-doors-how-europes-biggest-regeneration-project-fell-flat\/","title":{"rendered":"Penthouses and poor doors: how Europe's 'biggest regeneration project' fell flat"},"content":{"rendered":"


\nFew places have seen such turbocharged luxury development as Nine Elms on the London riverside. So why are prices tumbling, investors melting away and promises turning to dust? Every morning, when Nadeem Iqbal wakes up and walks into his living room, he has a view of a miraculous world first. A crisp oblong of crystal clear water now hangs in the air between two apartment buildings opposite his balcony, a liquid blue block suspended against the sky with the gravity-defying quality of a Magritte painting.This is the Sky Pool, the latest addition to the luxury residential enclave of Embassy Gardens in Nine Elms, south-west London \u2013 one absurdist step beyond the private cinema, indoor pool, gym and rooftop lounge bar. It was dismissed as a \u201ccrackers\u201d PR stunt when the plan was unveiled by Irish developer Ballymore in 2015, a fantastical aquarium of captive high net worth individuals for the rest of us to gawp at from far below. Surely it would never materialise. But last week the scaffolding was taken down to reveal a bright blue rectangle hovering against the leaden January skies, 10 storeys up in the air \u2013 just outside the 30-metre bomb blast seclusion zone around the new neighbouring US embassy. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Penthouses and poor doors: how Europe’s ‘biggest regeneration project’ fell flat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Few places have seen such turbocharged luxury development as Nine Elms on the London riverside....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120043","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-veb","jetpack-related-posts":[{"id":128110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-damac-begins-handover-of-luxury-real-estate-project-nine-elms-in-london\/","url_meta":{"origin":120043,"position":0},"title":"Dubai developer Damac begins handover of luxury real estate project Nine Elms in London","date":"June 30, 2022","format":false,"excerpt":"\r Damac is \u201crapidly expanding our global footprint by looking at JV opportunities across the world,\" a senior executive said\r \r Source : arabianbusiness.com\r Read more...Dubai developer Damac begins handover of luxury real estate project Nine Elms in London","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/06\/Damac-Nine-Elms-1-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":56254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-riverside-rents-damped-by-flood-of-luxury-properties\/","url_meta":{"origin":120043,"position":1},"title":"London riverside rents damped by flood of luxury properties","date":"May 29, 2017","format":false,"excerpt":"\r New homes in the 20,000-strong Nine Elms development are putting pressure on prices\r \r Source : ft.com\r Read more...London riverside rents damped by flood of luxury properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58632,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-gambles-470m-on-london-luxury-homes-site\/","url_meta":{"origin":120043,"position":2},"title":"Chinese developer gambles \u00a3470m on London luxury homes site","date":"June 22, 2017","format":false,"excerpt":"\r Nine Elms area affected by downturn in demand for prime property\r \r Source : ft.com\r Read more...Chinese developer gambles \u00a3470m on London luxury homes site","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64222,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-dalian-wanda-drops-plans-to-buy-nine-elms-square-in-london\/","url_meta":{"origin":120043,"position":3},"title":"China's Dalian Wanda drops plans to buy Nine Elms Square in London","date":"August 22, 2017","format":false,"excerpt":"\r Dalian Wanda Group said on Tuesday it had scrapped plans to buy Nine Elms Square in London, the latest setback for the Chinese conglomerate as Beijing tightens controls on overseas investment.\r \r Source : cnbc.com\r Read more...China's Dalian Wanda drops plans to buy Nine Elms Square in London","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53485,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-london-property-a-growing-headache-for-foreign-investors\/","url_meta":{"origin":120043,"position":4},"title":"Luxury London property a growing headache for foreign investors","date":"May 2, 2017","format":false,"excerpt":"\r For overseas investors in luxury London developments, tumbling sales and slowing value growth of new-build and established homes makes for dismal reading - and it does not look like improving any time soon.Years of overpricing is hurting the market in ultra-prime areas such as Mayfair, while new luxury developments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22967,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-property-firms-face-falling-demand-for-new-builds-while-prime-homes-add-sheen\/","url_meta":{"origin":120043,"position":5},"title":"London property firms face falling demand for new builds while prime homes add sheen","date":"August 15, 2016","format":false,"excerpt":"\r While developers in London are still piling into what has long been seen as the gold-plated certainty of property in the capital, some may be heading for a nasty surprise as high-end new-build homes start to lose their lustre for overseas investors.At the same time, the traditional haunt of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120043"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120043"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120043\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}