First London expo for Brunei

9 Sep 2013

One of the first London Property Exhibitions to take place in Brunei
happened last week, with agents describing both the levels of interest
and sales as being far better than they had expected.

Brunei-based
Valor Property Agency working alongside Colliers International
Singapore, showcased The Library Willesden Green, a collection of one-
and two-bedroom apartments in the North West part of the U.K. capital
developed by Grosvenor International.

Local media reported that
more than 5 of the 21 available apartments were purchased at the two-day
event, with education being the primary driving factor being the buying
decision. Prices for a one-bedroom apartment at the project, which has
also sold in Singapore, start from £350,000.

Richard Levine, Director of International Properties South East Asia for Collliers International based in Singapore told DDproperty: I was pleasantly surprised with the interest from property buyers and investors from Brunei.”

He added that his company plans to bring further London projects to Brunei before the end of the year.

Elsewhere
in Southeast Asia Myanmar has also seen increasing numbers of its
citizens looking at, and buying, ‘safe haven’ properties in London this
year.

 
Andrew Batt, International Group Editor of
PropertyGuru Group, wrote this story. To contact him about this or other
stories email andrew@propertyguru.com.sg

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