Lendlease knows how to accentuate each city’s unique identity while providing functional spaces for real connections. With over 21 major urbanisation projects globally and $99 billion urban regeneration projects in the pipeline, Elephant & Castle is set to become London’s most desirable Parkside address.
This article focuses on one of the three phases of the regeneration.
Addressing the Elephant in the Room
Elephant Park will create thousands of high-quality new homes, jobs, business opportunities and greenery for Londoners. It is the UK’s first Climate Positive development centred around a 2-acre new park; the largest new green space in central London for 70 years.
50,000 sq ft of workspace, commercial space for over 50 new retailers, 3,000 new homes surrounded by lush greenery, extensive transportation to one train station, tube station and 28 bus routes – Elephant Park sets new life within Central London.
The Similarities of Paya Lebar Quarter and Elephant Park
Paya Lebar Quarter stands out from other competing projects in Singapore in terms of its central location, accessibility to key amenities, and the innovative mixed-use environment strategy. Paya Lebar Quarter is greatly comparable to Elephant Park in these same aspects despite differences in scale.
Upon the launch of Paya Lebar Quarter, residential units in Park Place Residences (PPR) were going at SG $1,700 psf on average, much higher than the market rate of Paya Lebar at that time, which was around SG $1,100 psf. Today, units at PPR are priced at SG $2,000 psf.
The Jewel of Elephant Park – Park & Sayer
Looking to have a fair share in Elephant Park’s extensive transformation? Here why you should invest in it.
Park & Sayer, the centrepiece of Elephant Park, is spacious, beautifully crafted and comprises 229 bright and spacious 1- and 2- bedroom apartments. Set within a community of parks and restaurants, galleries and markets, shops and cafes, Park & Sayer offers luxury living for everyone.
This development is a great investment opportunity, with connectivity to key landmarks in Central London and some of London’s top universities. Over the next 5 years, home values in prime outer London are forecasted to rise by 15%, and rents are forecasted to increase by 15% by 2024.
“If there was a compelling investment opportunity in London today, it is Elephant & Castle. If there was a building, it is Park & Sayer”
If you enjoyed this short read and would like to find out more about the opportunities in Park & Sayer, we’d love to help. Chat with us on WhatsApp and fill in the form below. Additionally, click here to read up more on the Top 10 reasons to invest in Park & Sayer.