{"id":78069,"date":"2018-01-26T20:10:21","date_gmt":"2018-01-26T13:10:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ghost-towers-half-of-new-build-luxury-london-flats-fail-to-sell\/"},"modified":"2018-01-26T21:03:09","modified_gmt":"2018-01-26T14:03:09","slug":"ghost-towers-half-of-new-build-luxury-london-flats-fail-to-sell","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ghost-towers-half-of-new-build-luxury-london-flats-fail-to-sell\/","title":{"rendered":"Ghost towers: half of new-build luxury London flats fail to sell"},"content":{"rendered":"<p>&#013;<br \/>\nDevelopers have 420 towers in pipeline despite up to 15,000 high-end flats still on the marketMore than half of the 1,900 ultra-luxury apartments built in London last year failed to sell, raising fears that the capital will be left with dozens of \u201cposh ghost towers\u201d. The swanky flats, complete with private gyms, swimming pools and cinema rooms, are lying empty as hundreds of thousands of would-be first-time buyers struggle to find an affordable home.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2018\/jan\/26\/ghost-towers-half-of-new-build-luxury-london-flats-fail-to-sell\" target=\"_blank\">Ghost towers: half of new-build luxury London flats fail to sell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Developers have 420 towers in pipeline despite up to 15,000 high-end flats still on the&#46;&#46;&#46;<\/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-78069","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-kjb","jetpack-related-posts":[{"id":78355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-unsold-new-build-luxury-flats-may-turn-london-into-city-of-posh-ghost-towers\/","url_meta":{"origin":78069,"position":0},"title":"Half of unsold new-build luxury flats may turn London into city of posh ghost towers","date":"January 29, 2018","format":false,"excerpt":"\r More than half of the 1,900 ultra-luxury flats built in London last year failed to sell, raising fears that the capital will be left with dozens of \u201cposh ghost towers\u201d. The swanky flats, complete with private gyms, swimming pools and cinema rooms, are lying empty as hundreds of thousands\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-of-central-london-new-build-flats-fell-by-a-quarter-in-2017\/","url_meta":{"origin":78069,"position":1},"title":"Construction of central London new-build flats fell by a quarter in 2017","date":"May 14, 2018","format":false,"excerpt":"\r Apartments housed in developments dubbed \u2018posh ghost towers\u2019 struggle to sellConstruction of luxury flats in central London dropped by a quarter last year, with apartments housed in developments dubbed \u201cposh ghost towers\u201d struggling to sell. New-build starts in the capital in 2017 dropped by 25.4% compared to 2016, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78897,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/anger-over-glut-of-posh-ghost-towers-planned-for-london\/","url_meta":{"origin":78069,"position":2},"title":"Anger over glut of \u2018posh ghost towers\u2019 planned for London","date":"February 4, 2018","format":false,"excerpt":"\r Councils in capital have approved thousands of \u00a31m-plus flats despite crisis in affordable housing, new figures showLondon councils have granted property developers planning permission to build more than 26,000 luxury flats priced at more than \u00a31m each, despite fears that there are already too many half-empty \u201cposh ghost towers\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pancho-lewis-we-refused-to-accept-that-the-west-end-had-to-be-tory-patrick-butler\/","url_meta":{"origin":78069,"position":3},"title":"Pancho Lewis: \u2018We refused to accept that the West End had to be Tory\u2019 | Patrick Butler","date":"July 17, 2018","format":false,"excerpt":"\r Labour\u2019s first ever Mayfair councillor is helping residents fight developers. He says local politicians can learn from his victoryThe Monopoly board game has enshrined Mayfair as the most gilded neighbourhood in London: home to oligarchs, bankers and Tory MP Jacob Rees-Mogg, and host to swanky townhouses, glitzy hotels and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-build-luxury-flats-with-car-lifts-next-to-dubai-canal\/","url_meta":{"origin":78069,"position":4},"title":"Damac to build luxury flats with car lifts next to Dubai Canal","date":"February 21, 2016","format":false,"excerpt":"\r \r The property developer Damac is building new luxury flats next to the Dubai Canal, each with their own car lifts. The six-tower, 4 million square foot project, Aykon City, will be built on Sheikh Zayed Road. In the 2012 US presidential election, Mitt Romney's wealth raised eyebrows when\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japans-mori-bets-buyers-will-shell-out-upwards-of-us9m-on-luxury-flats-in-tokyos-toranomon-area\/","url_meta":{"origin":78069,"position":5},"title":"Japan\u2019s Mori bets buyers will shell out upwards of US$9m on luxury flats in Tokyo\u2019s Toranomon area","date":"December 4, 2017","format":false,"excerpt":"\r Mori Building has started work on a luxury residential development in Tokyo that will include units priced from 1 billion yen ($9 million), betting there is untapped demand for the most upscale flats in the city. Japan\u2019s biggest privately owned developer is constructing three buildings at a cost of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78069"}],"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=78069"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78069\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=78069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=78069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=78069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}