British Land is set to relaunch The Founding, a residential community within its Canada Water development in London, targeting Singaporean buyers on May 18 and 19. The apartments, initially launched in March last year, are part of the first phase of the extensive Canada Water project.
The Founding is a 35-storey residential tower featuring 186 units, including studios, as well as one-, two-, and three-bedroom apartments. This development is a key component of British Land’s 53-acre Canada Water site, located in London’s Zone 2. The project, which is being developed in five phases, will ultimately offer up to 4,000 new homes, office space for approximately 20,000 workers, and around 1 million square feet of leisure, social, and educational facilities.
The Canada Water development aims to become a net-zero community by 2030, with sustainability at the core of its design and construction. The site will also include 12 acres of new open spaces, featuring a 3.5-acre park, a new Town Square, and 16 new streets.
Ruben Koh, the top executive and head of global residential sales at Savills Singapore, believes that the net-zero apartments at The Founding will attract buyers seeking sustainable living environments that also offer natural spaces for leisure. He adds that the development’s proximity to train and bus connections to central London makes it a valuable investment likely to appreciate over time.
Savills Singapore and JLL, the appointed marketing agents for the project, will showcase The Founding to Singaporean buyers at an event held at voco Orchard on May 18 and 19. Prices for the units start at GBP696,500 ($1.18 million) for a studio, GBP769,000 ($1.3 million) for a one-bedroom unit, GBP1,026,500 ($1.75 million) for a two-bedroom unit, and GBP1,951,500 ($3.32 million) for a three-bedroom unit.