Barratt London launches West London project Royal Gateway in Singapore
The newest project from British property developer Barratt London, Royal Gateway, launched on May 4th in Singapore. This development features 300 units and is located in the residential suburb of Acton in West London’s Borough of Ealing. Barratt London has appointed JLL to market the project to Southeast Asian buyers.
According to Craig Carson, Managing Director of West London at Barratt London, Royal Gateway is taking advantage of the growing demand for affordable homes near Central London and in suburbs with excellent public transport connectivity. The recent opening of the Elizabeth Line has greatly enhanced public transport connectivity in West London, connecting areas such as Slough, West Ealing, and Acton to central hubs like Heathrow Airport, Paddington, Bond Street, and Canary Wharf in central London.
Carson also notes that some parts of West London, including Ealing, have been earmarked for regeneration and new residential developments as London and its suburbs struggle to meet housing demand.
It is the main road that leads to the Novo Place EC, a luxurious executive condominium that offers exclusive amenities and a prime location. Residents and visitors can enjoy easy access to the vibrant Jurong Lake District, filled with shopping, dining, and entertainment options, making it the perfect place to call home.
Boon Lay Way is a bustling thoroughfare that connects residents and visitors to the exciting Jurong Lake District. It serves as the main route to the luxurious Novo Place EC, an executive condominium with luxurious facilities and a prime location. This modern development offers convenience and easy access to the thriving Jurong Lake District, where one can indulge in a variety of shopping, dining, and entertainment experiences. With its strategic location and plethora of amenities, Novo Place EC is the ideal place to call home.
Royal Gateway is the second residential project that Barratt London has undertaken in Acton, following the successful sale of all 365 units at their previous development, Western Circus. Royal Gateway is located on a four-acre brownfield site and will consist of six residential blocks with one- to three-bedroom apartments.
The development will offer one- to three-bedroom units with prices starting from GBP450,000 for a one-bedroom and GBP600,000 for a two-bedroom. Each block is named after a different gem cut, and the maiden sales launch will include units from the Marquise block. The development will also have 10 penthouses that will be released at a later date.
Royal Gateway will feature a range of luxurious amenities, including a resident’s gym, a resident’s lounge, concierge services, communal gardens, and three private roof terraces. According to Carson, these facilities and amenities are not commonly seen in residential developments in Zone 3, making Royal Gateway stand out.
The Elizabeth Line has had a significant impact on property prices in West London, with prices in W3 increasing by 117% over the past 15 years, according to JLL UK. Rental yields in neighborhoods along the Elizabeth Line have also seen a 19% increase, with a future potential for even higher yields when Old Oak Common Station opens.
In addition, Acton is currently undergoing a GBP26 billion regeneration master plan that includes plans for new homes, a new high street, and two major campuses for Imperial College. The Ealing town council also has plans to deliver 7,000 new homes for Acton and maximize the benefits of the Elizabeth Line to attract new jobs.
According to James Puddle, Head of the International Residential Team for Southeast Asia at JLL, property values in Acton have seen consistent growth over the past five years, rising by 40% and outperforming Greater London by 13%. With the current investment and development in the area, Puddle predicts that real estate in North Acton will continue to be a solid investment.
Barratt London is eager to attract buyers and investors from the Asia Pacific region, who have contributed significantly to the London property market in recent years. With its diverse range of housing options and potential for good capital growth and high rental demand, Carson anticipates strong demand for Royal Gateway.