Launches  |  JANUARY 16, 2013 1:02AM

Battersea phase one almost fully reserved

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About 600 units or 75 percent of the apartment and townhouses at Phase I of the Battersea redevelopment project have been booked since it was launched last Wednesday in London followed by Kuala Lumpur on 12 January.

The sales exhibits of Phase One dubbed the Circus West will continue in other overseas markets in response to the hot interest shown in the project.

Rob Tincknell CEO of Battersea

Rob Tincknell CEO of Battersea

Power Station Development Co (BPSDC), said: “The first week of sales at Battersea Power Station has been phenomenal with commitments for over 600 million received since the launch just five days ago.”

This marks the revival of the Battersea Power Station and is one of the major steps that will enable the iconic London site to be to be regenerated, more than three decades since it was decommissioned.

Meanwhile, share prices of SP Setia rose as much as 2.24 percent after the company’s Battersea power station redevelopment project received overwhelming response.

“We understand that the 400 units allocated to Malaysians have been snapped up but there’s no official announcement as yet on the value of the units sold,” said Public Investment Bank.

The consortium behind the project, “now aims phase two this year which comprises of 300 luxury residences on the roof top of the power station, food and beverage outlets, as well as retail and leisure units with a combined gross development value of RM4 billion.”-Propertyguru

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