UrPropertySg has announced that according to RightMove, Asking prices for London homes rose to a record this month as values increased in all but one of the capital’s 32 boroughs
Prices in the U.K. capital climbed 3.6 percent from March to an average 572,348 pounds ($958,000), taking the gain from a year earlier to almost 16 percent, the website operator said in an e-mailed report today. Across England and Wales,values rose 2.6 percent to 262,594 pounds, also an all-time high, amid a lack of property for sale in southern England.
Britain’s housing market is being fueled by strengthening economic growth, record-low borrowing costs and official incentive programs. In London, where cash-rich buyers and overseas investors seeking safe assets are also stoking demand, rising house values are spilling into surrounding areas, according to Rightmove.
Read More @ http://www.bloomberg.com/news/2014-0...ft-values.html
Newham has recently seen the launch of Royal Wharf which sits between Lyle Park and Thames Barrier Park on the banks of the Thames, a new town centre in the Royal Docks in East London.
This development is by Ballymore and Oxley and draws a huge crowds in London on the first day of launched.
Dont miss the hottest Development in Town - Royal Wharf.
Read More @ http://www.urproperty.sg/2014/02/roy...ballymore.html
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