Investors flock to London for lockdown deals

The London property market is in the process of confounding all the pessimists and sceptics as it performs a thrilling V-shaped recovery from the recent Covid-19 slowdown. Encouraged by both UK Government competence and public confidence, investors are back in town and already using their stockpiled liquidity to hunt for the best deals available.

Online expertise needed

Although the last four months saw a drop in transactions, we have been tirelessly working behind the scenes in order to help our clients bounce back in both strength and numbers. One of the most effective tools in this process has been our participation in live webinars, designed to inform and advise investors about their post-pandemic timing and tactics. Recently, Marc and I had the pleasure of being guest speakers at a well-attended webinar organised by Maybank for their private clients. Hosted by Head of Maybank Premier Business, Amily Mak and Senior Centre Manager, Ronald Chai, we were able to share insights on investments, the UK economy and all things property investment related.  Anyone who would like to catch the Maybank webinar, can tune in here.

Investment opportunities in Southwest London

The lifting of restrictions in Malaysia has enabled our dynamic sales team to showcase one of London’s exciting new projects. This event will be in Kuala Lumpur on Sat 15 & Sun 16th August and due to social distancing, is a Register only event, so I advise any interested investors to contact my office to make your interest known.

Located in the fashionable Southwest London borough of Wandsworth, Bronze is a tasteful collection of luxury homes by developers Strawberry Star that is already attracting keen interest from Malaysian investors. Positioned within three high-rise towers, the 77 one, two- and three-bedroom apartments overlook the majestic greenery of King George’s Park and provide commanding views of the London skyline. The development is close to amenities and a Zone 2 transport link which allows convenient travel into the City and West End.

BRONZE WANDSWORTH: KEY STATS

• Easy access to Imperial College, King’s College and London School of Economics (14mins by Tube Waterloo, 26mins London Bridge)
• Wandsworth Town Station, Battersea Power Station (home to Apple London HQ)
• Next to gym, shopping mall, supermarket and pubs
• Close to River Thames, surrounded by good local schools and convenient for top London Universities
• 993 years leasehold
• UK Buy-to-let mortgage available for Malaysians from 2.59% interest rate
• Completion: End 2020
• Estimated Service Charge: £3.50 psf /pa. Estate Charge: £1.00 psf /pa
• Car Parking: £217.00 ps /pa (17 spaces available for selected apartments)
• 84 secure sheltered cycle storage spaces

The future is now!

It’s fair to say that in London, the post-lockdown property scene is as exciting as ever; full of opportunities for those with resources and an eye for a good deal. The Capital is back with a bang and, as always, we at Benham and Reeves here in Kuala Lumpur stand ready to assist and advise with your future investment decisions.  Contact our Malaysia office now for further details.