KL launch of UK £33.5m Royal Quay

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KUALA LUMPUR: London-based property developer Regal Homes will be launching a 90-unit apartment project in London, the United Kingdom, at The Westin Kuala Lumpur this weekend.

“The development’s proximity to Canary Wharf ensures that each property represents a solid investment, as well as an exceptional residence,” said Regal Homes founder and chief executive officer Paul Eden.

The £33.5 million (RM186 million) Royal Quay comprises a total of 90 studio, 1- and 2-bedroom apartments. They are priced from £229,950 to £555,225 with built-ups  between 287 sq ft and 673 sq ft. It will have a 999-year leasehold tenure. The target completion date is April 2016.

The partly furnished apartments will come with concierge and close-circuit television security services. The development will be within a seven-minute walk from the Westferry Docklands Light Railway station in London E14. Royal Quay residents may access retail shops, and bars and restaurants in Canary Wharf via the railway station within three minutes.

Moreover, the development will also be accessible via a new Crossrail route which is slated for completion in 2018.

C H Williams Talhar & Wong Sdn Bhd is the exclusive real estate agent for the project in Malaysia.

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This article first appeared in The Edge Financial Daily, on March 6, 2015.