Knight Frank Launches Premier Collection at Canary Wharf Development

LONDON, March 14, 2011 /PRNewswire/ -- Pan Peninsula, in London's financial heart, Canary Wharf, was last year the fastest-selling development for Knight Frank in Asia. Investors and people wanting a European pied-a-terre rushed to buy the high-specification, centrally-located apartments and many were let to tenants within the first weeks of completion. Now, on the evening of Thursday 17 March at the Grand Hyatt hotel, Singapore, the next phase of Pan Peninsula will be launched to the Singapore market - the first chance to buy the exclusive premier-specification flats and penthouses in the development.

Overlooking Canary Wharf, Pan Peninsula offers residents the best of city living, combining sophisticated facilities with a prime waterside location. Comprising two interlinked landmark towers of 40 storeys and 48 storeys, the development provides more than 700 luxury apartments and penthouses. 17 March sees the launch of the luxury premier apartments on the 34th to 43rd floors to the Singapore market - the first to be able to purchase. Prices start at GBP1,650,000, with the current exchange rate offering a discount of more than 50% to the Singapore Dollar buyer. These "apartments with everything" are literally the highest level of living, with custom-designed kitchens with Gaggenau appliances, bathrooms with Marron Cohiba granite and rare woods, underfloor heating throughout, and additional Sky Lobby for residents only.

As well as being finished to the highest specification, the apartments at Pan Peninsula have uninterrupted views of the City, Canary Wharf or Greenwich; residents will also enjoy a range of luxury facilities inside the complex, including sumptuous communal areas, 24-hour concierge services, and valet parking. They will also have access to The Six Senses Spa, a large holistic day spa, and a private Health Club with facilities including a 17-metre lap pool, hydrotherapy suite, cardio-vascular theatre, gym, dance studio, sauna and steam rooms.

Canary Wharf is an area of London where demand for property is consistently high: in the past 12 months, Knight Frank research shows flats have taken on average just 64 days to let from the time of instruction - this compares to 82 days in Hampstead and 101 days in Mayfair - and the average for prime London, 69 days. The ongoing stability of the UK banking industry is a factor in this demand - the February Morgan McKinley Employment Survey showed that in January 2011, job opportunities in the London banking sector increased 142% month-on-month.

To attend the exclusive cocktail party on 17 March at which the Pan Peninsula premier apartments and penthouses will be unveiled, contact Knight Frank on pan.peninsula@sg.knightfrank.com or call +65 8448 4554.

Notes to Editors

Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Knight Frank, operate from 207 offices, in 43 countries, across six continents. More than 6,340 professionals handle in excess of US$886 billion (GBP594 billion) worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit http://www.knightfrank.com.

For further information, please contact:

Rosie Cade, Residential PR Manager, Knight Frank, t: +44-(0)20-7861-1068, rosie.cade@knightfrank.com

SOURCE Knight Frank