The latest phase of London-based development Beaufort Park, a mixed-use project by developer St George PLC, is set to be launched in Hong Kong over the weekend of 19 October.
The residential phase, Carvell Apartments, includes suites, one, two and three bedroom units starting from GBP179,950 (USD290,900).
“The Carvell Apartments at Beaufort Park present overseas investors with an exceptional opportunity to purchase within an established high quality residential development with significant potential for capital growth and some of the highest rental yields in London,” Ashley Osborne, executive director Colliers International, said.
Located in north west London, the development offers residents a swimming pool and spa facility, gymnasium, car parking and 24 hour security.
“London real estate represents an excellent investment opportunity for buyers in Asia,” Osborne said. “The relatively weak pound, low interest rates and strong rental potential offer the perfect cocktail for capital appreciation and we are forecasting that these price rises are set to continue until 2017.”
The Carvell Apartments will be launched at an event held from 18 and 20 October at the Mandarin Oriental Hotel, 15 Queen’s Road Central, Hong Kong.