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The demand for BTO flats was low in the first years, resulting in the cancellation of 5 projects as they did not meet the requirement of minimum 70% application ratio. However, once the demand recovered, HDB has launched between 20 and 40 BTO projects annually since 2010, which consists of 15,000–28,000 units.
[3] [4] However, the cost of housing as a proportion of income is higher than average among EU countries, [3] and the increasing cost of housing in the UK may constitute a housing crisis for many especially in London, [5] [6] [7] — the rate of over fivefold house price increases far exceeding the inflation rate of just little above twofold ...
The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.
Rocketing rental prices in London should be music to landlords’ ears–but instead, they are on a selling spree. Prarthana Prakash. December 6, 2023 at 6:53 AM. Mike Kemp/In Pictures via Getty ...
Balfron Tower is a 26-storey residential building in Poplar, located in the London Borough of Tower Hamlets, London.Built in a Brutalist style, it forms part of the Brownfield Estate, an area of social housing between Chrisp Street Market and the A12 northern approach to the Blackwall Tunnel.
34 Montagu Square is the address of a London ground floor and basement flat once leased by Beatles member Ringo Starr during the mid-1960s. Its location is 1.3 miles (2.09 km) from the Abbey Road Studios, where The Beatles recorded.