Frank Khan According to ONS (Office for National Statistics), average housing prices in the UK rose 12.4% in April year-on-year, higher than the month. March grew by 9.7%, resulting in real estate The average per unit in the UK is valued at 12.163 million baht, while the average annual price in London month April rose 7.9 percent from 4.9 percent in March. The average price per unit in London is 22.962 million baht.
“In April, central London was recovering after more than seven years of stagnation from tax hikes and political uncertainty. Including foreign buyers are still unable to return much after the Covid-19 outbreak. But this year, the selling price of real estate London’s downtown area rose 2.4%, the highest growth rate since April 2015.”
Therefore, it is considered a good “opportunity” to invest in real estate. Low supply in central London as demand continues Based on the 5-year sales forecast (2022-2026), property prices in London grew by 13%, while in central London, they grew 22.8%.
Knight Frank information also stated that The top five foreign investors who bought property in the UK in the past 12 months are the US, France, China, India and Italy, respectively.
Recently Knight Frank was assigned by Fin Hatton Company, which is the project development department.The Whiteley London” This is a joint venture project between MARK and CC Land, developing 139 apartment-style housing units to be sold to customers around the world, including Thai people and in Asia. Especially the majority of Thai people, 95% are parents who send their children to study in the UK, the rest 5% are investors.
Originally The Whiteley, Whiteleys Shopping Center located in Bayswater, London, is currently undergoing renovations to a 1.1 million sq ft or 102,193 sq m building comprising 109 units, one bedroom, view room. duplex and penthouse rooms The starting price is about 129 million baht.
There are also 20 new shops and restaurants, a cinema, a large fitness center. Six Senses hotel and spa brand with 110 rooms, health club, construction expected to be completed by the end of 2023.
Frank said that at the moment there are 40 units of bookings, divided into 35 units of British customers and 5 units of Asians, while Thai customers are negotiating the terms of the project, 7 people are expected to decide to buy 5 units, worth more than 400 million baht. The project has brought 14 units of rooms for sale in the form of a rental investment. For a one bedroom unit of 90 square meters, expect a 3-4% return on investment per year.
“The highlight of this apartment is the size of living space starting from 70 square meters. It is also close to Notting Hill, Kensington Gardens, Marylebone and the Ali Line. New Sabeth, District W2, the center of the prime housing market in the heart of the city with 20-25% cheap prices.”
