Canary Wharf retains residential allure

Pre-pandemic, it was easy to dismiss Canary Wharf as a business district where people only lived because they worked there. However, even in the post-COVID "new normal", where many financial and legal professionals are likely to be offered the chance to conduct business from home at least some of the time, there are plenty of reasons to want to live in one of the district's new luxury apartments. Options include the £2.645m three-bed Executive Collection apartment at South Quay Plaza, a two-bed penthouse at Wardian for £2.35m, and a three-bed, triplex penthouse  - with a double-height room dedicated to a panoramic Jacuzzi - in Dollar Bay for £3.999m. Nearly everyone is buying them as a primary residence and they are attracted to the new parks, gardens and riverside boardwalk in the first completed phase of our new neighbourhood, Wood Wharf", explains Brian De'ath, head of residential sales at Canary Wharf Group. The Far East Consortium, meanwhile, has developed Aspen, a 65-storey residential tower. Project director Bruno Santos says the building is as much about its services and amenities as its residences, from the hotel doctor on call to vending machines selling freshly-made bread. “We’re seeing a lot of interest from families who don’t work in Canary Wharf but want to live there because it’s an easily walkable neighbourhood,” he said.

The Daily Telegraph (30/06/2021)