Prime central London property is set to be spurred on this year by overseas buyers.
“Almost every forecast is saying prices in PCL will go up in 2012, albeit at a slower pace than last year”, said Black Brick Founder, Camilla Dell in an article this week for The Edge Malaysia.
“Prices in the core prime areas of London such as Knightsbridge, Mayfair, Belgravia, Kensington and parts of Chelsea will be cushioned from any price falls and are likely to go up due to low supply and continued demand from overseas buyers and investors,” she continued.
Read the full article here.