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31 Jan, 2023

Triptych Bankside’s East Building launch is a “huge success” securing £43 million in sales

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The launch of the Triptych Bankside East Building late last year, the final phase of one of London’s fastest selling riverside developments in 2022, has exceeded expectations  with more than £43m worth of residential sales secured, bringing the development to 60% sold. 

Nigel Fleming, Sales & Marketing Director of JTRE London, said: “The launch of the East Building has been a huge success and surpassed our expectations. Following a positive start to 2022 and despite the market headwinds at the time, we were forced to bring the launch of the East Building forward due to buyer demand. With consecutive launches in the UK, Hong Kong, Singapore, Malaysia and mainland China we were delighted with £46 million in  sales. The success was a testament to the outstanding product which JTRE London is delivering.”  

Nina Coulter, UK Board Director, Savills says, “Triptych Bankside has had a very successful year throughout 2022 and the successful launch of the East Building ended the year on a high. The development has not only achieved a fantastic sales rate, but also record breaking sales values. As we approach completion this year, we expect the demand to continue to increase, especially in the domestic market where we are seeing continued interest. We look forward to practical completion so we can show buyers how JTRE London have set this gamechaning development out from the crowd.” 

James Burrows, Director at Strutt & Parker New Homes says, “The East Building launch has been the final piece in the jigsaw, and central to the continued popularity of Triptych Bankside. With the landscape gardens, commercial and retail spaces nearing completion, buyers have come to understand the development as a whole, and it’s amazing to see Triptych come together. The successful sales performance and nearing completion has helped solidify the scheme as a South Bank destination, and an extension of what many consider ‘prime central London’ to south of the river.
“We anticipate the success of the East Building to continue throughout 2023 as we’re still seeing high demand from UK and overseas buyers alike in January, usually considered a more subdued period.”