Swansea Marina flats bid

“Lezz_T with our population expected to hit 77 million by the year 2050, we are going to need a lot more flats like this.”

“Slums of the future, no different from the the failed tower blocks built in the 60's.”

“Good more flats mean more construction jobs. Good more flats mean greater supply at a time of lower demand, IE a fall in prices. Fall in prices means more affordable housing. GOOD”

“If people are desperate to get out because of negative equity then.... LOLOLOLOLOL!

Serves their right tbh.

Mind you, for people looking for home then negative equity means nothing. They would have no intention of selling anyway and thus house prices no longer affect them in any way, shape or form. But for those who looked to profit at others misery, bwahahahaha!”

“I understand that lots of the flats in the Swansea Marina area were in fact "bought off plan" (i.e. purchased some time before the flats had been even built). One of the reasons for this was the number of London and South East property shows on "telly", advocating buying flats before they were built and then making "loads of money" selling them for vast profits.
This was also tried in Cardiff Bay, with disasterous results. Some of the blocks of flats in Cardiff Bay had a ratio of 35% ownership by "buy to let" and "flippers" (buy before the property is built, then try to sell it on, for a profit, whislt it's being built or just completed). There are loads of flats now at knockdown sale prices in Cardiff Bay, and many flats that have been re-possessed with owners nursing significant cash losses. Many of the large building companies have "seen the light" and are now concentrating on building family sized homes. and no flats. Apartment blocks have had their time, and are now out of favour. These new flats, if they are actually built, are ideal student fodder, and will really bring the place down. Glad I'm not living there.”

“at least there's going to be retail units under these flats which could create some jobs and activity.

more cafes and restaurants on the dockside would make the marina area more interesting, lively and more of a destination.

down the end of sa1 their just building lots of houses along the dockside inside of having some units for cafes, bars, restaurants and ice cream parlours mixed in. so they aren't learning the lesson there about bringing some life to the place and trying to turn sa1 into a destination.

why would people come to visit somewhere just to see houses and flats ?????????”

“There is a glut of flats and townhouses for sale in the marina at the moment. Looks like a panicked exodus to me judging by the asking prices continuing to tumble.

I am told that the student population is moving from Brynmill and Uplands - having trashed the place - down to the marina and that the residents are now allegedly experiencing the same hell that people in Brynmill/Uplands have experienced over the past 15 to 20 years.

I also hear, from estate agents, that there are lots of people in negative equity desperate to sell up in the marina - no idea which of the above is true or not - after having bought flats and townhouses during the housing bubble.

So it would seem that the last thing the marina needs is more flats.”

“More flats are nit the answe here. Where are the council and Assembly taking SA1 and marina?

Scandalous. such a strong location and solid infrastructure being wasted.

Time for some landmark jobs and landmark regeneration projects like a concert venue here.

Where's this proposed leisure quarter on SA1 ....boat storage for the last 5 years ?

Refreshing to read Lecturer on Urban design Gordon Gibson giving his blueprint on how the city of Swansea should develop. Evening post could surely run a meatier, more detailed publication on this respected professionals' ideas.

Meanwhile let's just pass the green planning light on more dull (non sustainable ) housing schemes throughout the city and waterfront. Swansea is not being granted the regeneration worthy of a city. Are the assembly and council engaging the private sector and setting an ambitious strategic framework for the city?”

“The marina really needs more flats now doesn't it! Cram them in. How about something interesting to draw people out of their boxes on the marina outside of the summer season? Its like a dead zone in the winter, dark and deserted pretty much after 5.00pm. Are they really going to allow space for 60 cars to park? Where exactly? On a floating car park? There's hardly any space down there now!”

“Judging from the number of flats/apartments etc in the marina currently up for sale on property websites, they cannot sell what is already available so WHY build more?????”