Since my last blog on the One Nine Elms regeneration in Vauxhall, another 200 homes have gone on sale as China’s biggest property company, Dalian Wanda, continues its launch of the £700 million residential scheme. The first 200 flats in the 199 metre-high City Tower (the taller of the two towers being constructed) went on sale late last month with prices starting at £795,000 for a one-bedroom flat. Dalian Wanda would not disclose the expected prices for the luxury penthouses, but it is thought that it could be in the region of £50 million. Following concerns over previous schemes in which Chinese developers have been quick to block-purchase new properties, Dalian Wanda pledged to market their new homes in the UK before they are then advertised overseas. One Nine Elms is part of a wave of schemes by Chinese investors, including Greenwich Peninsula owned by Hong Kong’s Knight Dragon.