Battersea Power Station phase one 75% reserved

KUALA LUMPUR (Jan 14): Battersea Power Station Development Co (BPSDC) has confirmed that 75%, or approximately 600 of the apartments and townhouses within Phase 1, have been reserved since sales commenced in London on Jan 9, followed by Kuala Lumpur on Jan 12.

Sales exhibitions of Phase 1, also known as Circus West, will continue in other international markets in response to the widespread pre-launch interest shown in the development.

“The first week of sales at Battersea Power Station have been phenomenal with commitments for over £600 million (RM2.91 billion) received since the launch just five days ago,” CEO Rob Tincknell said in a statement on Jan 14.

Tincknell said this is a watershed moment in the history of the power station and the key to finally enabling this important London site to be regenerated, more than 30 years since its decommissioning.

“Buyers, both in the UK and abroad, clearly appreciate the mixed-use nature of the town centre scheme which will provide London with a thriving new community on the banks of the River Thames,” he said.

Building on site is forecast to commence in late summer, with completion of Phase 1 in 2016/17. - Bernama

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