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Growth in Market Confidence as Record Properties Listed

Posted on 26 February 2016
Growth in Market Confidence as Record Properties Listed

Leading Belfast Estate Agency Templeton Robinson are reporting a strong start to 2016, placing two million pound plus homes on the market including Northern Ireland’s most expensive listed property, 42 Malone Park, with a £2.5 million pound asking price.

A new listing in Broomhill Park has also gone on sale for £1.5 million, marking evolving confidence in the premium market and underlining Templeton Robinson’s position as market leader in high end sales in Northern Ireland. Managing Partner Keith Mitchell says that while the spring market is traditionally buoyant, the new listings coupled with recent market activity are positive indicators. “We are delighted to be handling the sale of two of the most prestigious addresses in Northern Ireland, and look forward to what is sure to be intense interest from buyers here. These listings come just weeks after we completed a sale on a Malone estate for just over £3 million and on another property in the Malone area for £2 million, and represent a strong start to Spring sales activity. “As one of Northern Ireland’s longest established and respected Estate Agencies, Templeton Robinson is well placed to deliver expert sales advise to clients across all price ranges, however to be engaged to act on behalf of the owners of three multi-million pound estates underlines our reputation and track record in successfully managing property transactions at the top of the market,” said Keith. “South Belfast is a traditionally strong market for high end properties, but increasingly we are seeing aspirational homes at the top of the market outside of this area including Hillsborough and Helen’s Bay where we have homes for sale listed for £1,650,000 and £1,100,000 respectively.”

Across the property market, Templeton Robinson have seen a surge in the number of properties they are being asked to market here, representing a solid start to 2016 with sales in the region of £35m achieved for the month of January. A full breakdown of market performance within the residential sector in the last three months of 2015 is expected in mid-February with the publication of the Northern Ireland Statistics and research Agency’s Residential Property Price Index.