FOR IMMEDIATE RELEASE
MTD GROUP RELEASES FINAL COLLECTION OF APARTMENTS IN LONDON
KUALA LUMPUR, 15 JULY 2020 – One Crown Place, the premium scheme by Malaysian infrastructure conglomerate MTD Group, announces the launch of its final collection of apartments, ahead of full completion next year. The prestigious development, located on the fringes of the City of London, will debut the latest one, two and three-bedroom residences in Hong Kong on 1st – 2nd August, 2020.
MTD Group’s Head of Real Estate & Property Development (Overseas) cum Director of AMTD London Development Co Ltd, Tee Kim Siew said: “MTD Group is excited to once again bring One Crown Place to the global marketplace options and supporting assets. MTD Group is thrilled to have reached its sales targets last year and is confident that as we move closer to completion, One Crown
Place will become even more desirable. It offers the highest standards in residential with leading British design and quality craftsmanship and will create an iconic new destination where the City of London and Shoreditch come together.”
A new destination for London, One Crown Place artfully combines 246 private apartments, 140,000 sq ft of offices, a variety of retail, a destination restaurant and a 41-room luxury boutique hotel and members club, within a fully restored Georgian terrace and two prismatic towers. Masterfully created by internationally renowned architect Kohn Pederson Fox (KPF), the striking development sets a new standard of architecture for the neighbourhood.
Inside, the living spaces have been beautifully crafted by interiors firm Bowler James Brindley to provide elegant, warm and contemporary spaces that optimise natural light and embrace sleek, city living. Clever zoning creates flexibility within the apartments allowing owners to personalise their spaces and purpose as required. The new release will offer apartments across multiple floors providing the opportunity to purchase a home with enviable views across London’s prestigious skyline.
Ludo Downey, Director, Head of Hong Kong CBRE, added: “At a time when we’re experiencing an upturn in interest from Hong Kong buyers, we’re thrilled to be bringing One Crown Place back to the local marketplace. The way that the development connects the City of London with Shoreditch and directly overlooks some of the Capital’s most recognizable landmarks will be a big draw for buyers. Recent changes to visa laws enabling around 3 million Hong Kong citizens with a direct route to British Citizenship combined with the strength of the dollar against the pound, puts One Crown Place in a prime position ahead of the exhibition in August.”
Situated in an unrivalled Zone One location, One Crown Place equally benefits from the sophistication of the City of London and the individuality of Shoreditch. Within just a five-minute walk, global institutions such as UBS, Pinsent Masons, ICAP, Allen & Overy, McCann and Amazon can be reached while Liverpool Street Station is three minutes by foot, providing access to new Crossrail links and UK’s international airports.
There are a plethora of restaurants and bars surrounding One Crown Place, enabling residents to seamlessly transition between work and play without having to travel far. Ten Michelin star restaurants are within a 20-minute walk alongside private member’s clubs The Ned, The Curtain and Shoreditch House.
A 24-hour concierge will be responsible for all residents’ needs from restaurant and wellbeing bookings, to laundry and event support for special occasions. A suite of private amenities designed by Studio Ashby provide residents with exclusive, modern luxuries including a state-of-the-art gym, residents’ lounge, roof terrace with serenity garden, screening room, work hub and private dining room. The adjoining hotel will offer residents complimentary members club access on opening. One Crown Place is due for completion in Q2 2021. Prices start from £995,000.
For the record, MTD Group re-entered the London real estate and property market in June 2013 where it acquired One Crown Place from Sun Street Properties Ltd, a unit of UBS, through a bidding process. In 2015, the Group received unanimous approval from the London Borough of Hackney Planning Committee on its plans to redevelop One Crown Place in London EC2. The development was
seen to be providing benefits to Shoreditch including new jobs and workspaces, additional housing provision including affordable homes as well as creating a brand new destination for this part of London. Global construction firm Mace, began work on site at One Crown Place in April 2018. The first property sales were launched in 2017 and commendably exceeded its sales target by 60 percent (as at 30th September 2019).
Development Manager, CBRE, will support the Hong Kong exhibition this August. The global property firm was appointed by MTD Group in 2015 to represent the sales of One Crown Place.
Notes to editors:
About One Crown Place
One Crown Place is a major new £500 million mixed-use scheme on the edge of the City of London by MTD Group and appointed development manager CBRE. Designed by award-winning international architectural practice Kohn Pedersen Fox Associates (KPF), the development is set to deliver a total of 246 private apartments, a boutique hotel, 140,000 sq ft of premium office space, retail units totalling 7,000 sq ft, and a historic Georgian terrace that will be fully restored as part of the scheme. Apartments at One Crown Place have been designed by Bowler James Brindley and Studio Ashby has designed a world-class suite of amenities and the development’s penthouses. Located in London’s Sun Street conservation area, One Crown Place is an ‘urban island’ whose buildings are a microcosm of historical and modern South Shoreditch, minutes from both Liverpool Street and Moorgate stations.
About MTD Group
MTD Group is a multinational infrastructure-based company headquartered in Kuala Lumpur, Malaysia. The Group has a strong global presence with investment portfolios in Real Estate & Property Development, Civil Engineering & Construction, Tollways, Manufacturing of Precast Related Products, and Outdoor Advertising. MTD Group is an experienced player in the property development sector on the Malaysian and overseas fronts. Its portfolio includes the Blue Horizon Resort, Airlie Beach; Whitsundays, Queensland; 88 Dow Street in Port Melbourne, Six Murphy Street and 339 Rockley Gardens in South Yarra, Melbourne; Tanduk 5 Residency in Bangsar, Kuala Lumpur, Calabarzon Regional Government Centre in Calamba, Nueva Ecija Government Centre in Palayan, Bataan Government Centre in Balanga City, and Phase 1A of New Clark City New Government Administrative Centre in Clark Philippines. AMTD London Development Co Ltd is a wholly-owned subsidiary of MTD Group. For more information, visit: www.mtdgroup.com.my
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. For more information, visit: cbre.com.
For media enquiries, please contact:
1. Fazlyaton Hussein
Head, Corporate Communications Department
The news release is issued on behalf of MTD Group by:
Group Corporate Communications Department
Menara MTD, 1, Jalan Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan, Malaysia
Tel: 03-6195 1111