Addition to the new apartment
Apartment owners will receive a new apartment the size of their existing apartment, plus an additional 35 sq m, along with a sukkah balcony, a storage unit and a standard parking space registered to the apartment at the Land Registry.
Alongside the addition, the agreement sets out a mechanism recognising further existing areas: enclosed balconies, open balconies and unused statutory planning rights.
In practice, for most apartments the total benefit may be greater than 35 sq m, depending on the characteristics of the existing apartment.
Compared with about 25 sq m in adjacent projects
A larger addition, alongside recognition of additional existing areas and a broader package of benefits for the apartment owners.





