By Nikki De Guzman:
Thai buyers have shown strong interest for the new London development Southside, showcased in a property show at the Four Seasons hotel over the weekend.
Property consultancy Colliers International showcased the project, which offers 51 units ranging from one- to two-bedroom apartments and penthouses.
Located south of the River Thames, the development is close to UK’s famous landmarks such as the Shard – Western Europe’s tallest building, London Bridge, and Canary Wharf.
According to Colliers Executive Chairman Simon Landy, it is now time for Thai buyers to invest in London. “If you look at the Thai currency, it is very strong against the Euro, Dollar and Pound, plus the stock market is doing very well.”
“The Bank of Thailand is very keen for Thai people to invest overseas so now is a very good time to invest, especially in London.”
To be completed in September 2014, Southside offers apartments ranging from 473 sq ft to 1,910 sq ft, all fitted with top quality appliances. The units will be priced from £499,000 (THB22.8 million) for a one-bedder.