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News from Knight Frank Hong Kong

Knight Frank launches first homes for sale in East London’s new town centre

17 September 2013

Knight Frank, on behalf of Mountain Capital, launches the first phase of homes for sale at Hallsville Quarter, in East London’s heart, Canning Town. The properties will form part of a new town centre, and their owners benefit from excellent transport links and from the wealth of investment and interest in this new part of the capital: by 2025 there is projected to be £22 billion invested in the area, with 100,000 new jobs created. Canning Town is well-located for the Custom House Crossrail station, just one stop from financial centre Canary Wharf.

Canning Town is located in the ‘arc of opportunity’ linking the 2012 Olympic Park developments with the Royal Docks, and is at the heart of Newham’s regeneration focus, currently undergoing a £3.7 billion transformation. Hallsville Quarter (15 acres) will be the new town centre, a vibrant retail, restaurant and residential quarter. Development will include a new hotel, cinema and entertainment complex, as well as new landscaped public spaces, making Canning Town a great place to live.

The London Borough of Newham and Bouygues Development are working in partnership with Mountain Capital to build the first phase of 1,130 new homes there. Eddington Court and Sherrington Court are a collection of 108 apartments and townhouses varying in layout and size from 543 sq ft and many with balconies, situated around a private garden square at podium level above a 7,000 sq m brand-new Morrisons supermarket. Prices start at £275,000.

Tom Rundall, Residential Investment and International Project Marketing of Knight Frank, says, “The level of investment in Canning Town is exceptional and testament to the partnership’s vision of creating a vibrant new mixed-use town centre at the heart of the designated ‘arc of opportunity’, offering a range of stylish and contemporary new homes as well as a selection of retail, leisure and office space. Hallsville Quarter is not just a development: it is the creation of a whole new part of London.”

A property exhibition will be held at 2/F Chater Room, Mandarin Oriental Hong Kong, 5 Connaught Road in Central on 4 to 6 October 2013 from 11am to 7pm. For more information, prices of Hallsville Quarter or registration for the exhibition, please contact Knight Frank Hong Kong on +852 2846 7418 or investint@hk.knightfrank.com.