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London’s top 5 new developments for Hong Kong investors

Property investors from Hong Kong and Singapore have been showing strong interest in the UK market in 2023, with parts of London remaining firm favourites. Hong Kong investors now own 24,759 homes in England and Wales, valued at £10.8 billion, while Singapore investors own 15,725 homes valued at £7.2 billion.

According to the latest research by London lettings and estate agents Benham and Reeves, Hong Kong investors own the most valuable property portfolio across London. This is a testament to the appeal of the UK property market to overseas investors, particularly those from Asia.

Several factors are driving this trend

➔ The London property market is seen as a safe and stable investment with a long track record of capital growth

➔ London offers several tax advantages for overseas investors

➔ The capital city is a popular destination for work, study and tourism, which helps to support rental demand

Investing in new developments in London offers homeowners various benefits. These include modern amenities, state-of-the-art facilities and the potential for increased property value over time. New developments often promise a fresh, contemporary lifestyle while catering to residents’ diverse needs and preferences. For Hong Kong investors, this is an opportunity to diversify their investment portfolio and capitalise on London’s burgeoning property market.

Out of the multiple new development opportunities in London, a few present unique propositions — from luxurious amenities to excellent transport links and strong potential for capital appreciation. With the response these developments have received, we believe they would interest Hong Kong investors.

To delve into these exclusive prospects, we present a detailed overview of five exceptional developments:

Broadway East, Bethnal Green, E2

Broadway East, Bethnal Green, E2

Location Bethnal Green, East London
Type Residential
Price £650,000* – £1,625,000*
Amenities 24-hour concierge, private facilities, canalside location, landscaped park
Why It’s a Good Investment A vibrant neighbourhood undergoing regeneration, Broadway East symbolises high-quality development amid excellent amenities and transport links. Its close-knit community vibe and bustling urban life make it a prime spot for residents seeking a blend of history and modernity.

Favourable exchange rates allow Hong Kong investors to capitalise on strong rental yields and long-term growth prospects. This project, designed by the esteemed architect Rogers Stirk Harbour + Partners, seamlessly blends Victorian engineering remnants with a modern, dynamic design. Residents will relish easy access to Overground and Underground stations, Westfield Stratford City and the Queen Elizabeth Olympic Park.

Planning permission: PA/19/02717 granted by London Borough of Tower Hamlets on 15 March 2022. Lease Term: 999 years. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Property reference number: BRHK-UK231011.

White City Living, West London, Zone 2, W12

White City Living, West London, Zone 2, W12

Location West London
Type Mixed-use
Price £610,000* – £1,230,000*
Amenities Residents’ club, swimming pool, gym, spa, cinemas, entertainment suites, landscaped gardens adjacent to Westfield London

Why It’s a
Good Investment
Nestled in sought-after West London, White City Living offers investors more than luxurious residences — its strategic location, excellent amenities and robust rental demand make it an attractive investment choice.

The potential for capital growth, supported by ongoing development and strong transport links, positions it as an ideal prospect for Hong Kong investors seeking lifestyle and returns.

Planning permission No.: 2014/04726/OUT, 2018/03058/FUL, 2020/3433, 2021.1795, 2021/00686 granted by London Borough of Hammersmith & Fulham. Lease Term: 999 years. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Property reference number: BRHK-UK230601.

Sailors Wharf, Royal Arsenal Riverside, SE18

Sailors Wharf, Royal Arsenal Riverside, SE18

Location Royal Arsenal Riverside, Woolwich, London
Type Residential
Price Range £492,500* – £1,072,500*
Amenities Waterside Club, 20m swimming pool, sauna, gym, cinema, 24-hour concierge, riverside views
Why It’s a Good Investment Sailors Wharf isn’t just about picturesque riverside views; it embodies a lifestyle of opulence and convenience. Beyond its stunning locale, this development promises exceptional potential for capital appreciation and high rental yields. Its proximity to universities and remarkable transport links, including the Elizabeth Line, amplifies its appeal among Hong Kong investors, eyeing a blend of sophistication and financial gain. Residents will relish unobstructed views of the River Thames, paired with over 1 km of riverside paths, creating an idyllic living experience.

Planning permission No.: Z503/05CA/0623 granted by Royal Borough of Greenwich. Lease Term: 999 year lease. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Property reference number: BRHK-UK230604.

North West Quarter, NW6

North West Quarter, NW6

Location South Kilburn, North West London
Type Luxury Apartments
Price Range Starting from £545,000*
Amenities Underfloor heating, integrated Bosch appliances, private outdoor space
Why It’s a
Good Investment
North West Quarter stands tall in South Kilburn as part of an ongoing area regeneration. Its strategic location, with multiple Tube stations nearby and a vibrant local scene, offers investors a promising investment landscape.

Hong Kong investors can leverage high rental yields, ongoing revitalisation and favourable exchange rates to secure a foothold in this growing and sought-after neighbourhood.
Enhanced by its strategic location with three tube stations within a 15-minute^ walk and in proximity to green spaces like Regent’s Park and the Grand Union Canal, this development exudes quality living.

Planning permission No.: 19/3259 granted by London Borough of Brent. Lease Term: 260 years (from 31st March 2021). Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Property reference number: BRHK-UK230602.

Poplar Riverside, Poplar, E14

Poplar Riverside, Poplar, E14

Location Banks of the River Lea, East London
Type Mixed-use
Price Range £534,000* – £1,020,000*
Amenities Gym, riverside pub, 2.5-acre park, resident facilities suite
Why It’s a Good Investment Poplar Riverside epitomises the merging of growth and lifestyle along the River Lea. Its rental solid demand, expected population growth and excellent transport links fuel its potential for capital appreciation. The project’s large-scale regeneration and world-class amenities make it an enticing investment prospect for Hong Kong investors seeking long-term growth and a superior quality of life.

Envisaged to accommodate over 2,800 new homes, it features a 2.5-acre park and a range of world-class amenities, including a crèche, grocery stores, restaurants and cafes.

Planning permission No.: PA/21/0217 granted by London Borough of Tower Hamlets. Lease Term: 999 years. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Property reference number: BRHK-UK230603.

To summarise

For Hong Kong investors seeking London properties as a canvas of opportunity, these five developments are a sure bet for substantial returns. These new builds offer investors a unique opportunity to invest in luxury London properties with excellent investment potential.

From the serene elegance of Riverside views at Sailors Wharf to the urban vibrancy of Broadway East’s fusion of historic charm and modern sophistication — each development paints a canvas of unparalleled lifestyle and investment potential.

Let Benham & Reeves assist you

If you are a Hong Kong investor interested in investing in London property, we encourage you to reach out to Benham and Reeves for expert guidance and assistance. Our team has over 60 years of experience in the UK property market and can help you find the best possible investment opportunities.

We understand that investing in London property can be a complex process, so we are here to help you every step of the way.

Contact us today to learn more about how we can help you achieve your investment goals.

*Disclaimer: *Prices and details are correct at the time of going to press. Computer-generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Last update: 14th Dec 2023. Benham & Reeves (Hong Kong) Limited License No. C-092169.

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About the Author

With over 60 years of experience in London market, Benham and Reeves offers a comprehensive one-stop service which includes London property sales (purchase and selling) and full letting and management services to investors. Benham and Reeves Hong Kong SAR office was established in 1995 to provide real estate agency services to Hong Kong buyers, sellers and landlords in regards to all their London property needs.

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