Royal Wharf London singapore sales hotline: 61003515
By Oxley Holdings Limited, a Singapore-listed property developer, has exchanged contracts to purchase Royal Wharf, one of London’s most important development opportunities, from Ballymore Group.
Oxley intends to develop the whole 40 acres into circa 3,400 residential units and a variety of outstanding commercial, retail, leisure and educational facilities creating an entirely new district for London.
Royal Wharf is an outstanding opportunity and offers a blank canvas to create something very special for London. It has over 500 metres of river frontage with a Crossrail station 1km away. Oxley now has the opportunity and responsibility to deliver this fantastic project, picking up the baton from Ballymore. Oxley will create a vibrant district and the opportunity cannot be missed by Londoners.”
Royal Wharf is a residential led mixed use development extending to ca 37 acres (15 ha) with extensive River Thames frontage located in London’s Royal Docks.
The site has planning consent already in place for a 363,000 sqm development, with 3,385 homes, a new school, shops, offices and riverside restaurants, catering for a population that is estimated to reach 10,000 by completion. Royal Wharf is the largest London development opportunity to come to market since Battersea Power Station (2012).
Since the transformation of Canary Wharf into one of Europe’s most powerful business districts, London’s centre of gravity has been moving east, a shift recently consolidated with the success of the 2012 Olympics. Royal Wharf has excellent transport links into the heart of London via the Docklands Light Railway, a new Crossrail station (opening in 2018), and international connections from London City Airport and boat links from a proposed brand new pier.
The scale of Royal Wharf offers the potential for its next owner to create a new ‘great estate’ for London. The current planning permission, which means the development is ‘ready-to-go’, includes a riverside walkway, new streets connecting parks and squares, as well as new apartment buildings with views of the River Thames, terraced mansion blocks offering generous family sized apartments and a range of townhouses, and private parking.