A STUNNING view across Basingstoke is captured in one of the latest pictures taken from Skyline Plaza, which will be the town's tallest building when it reaches 19 storeys high.

Berkeley Homes is converting the former IBM headquarters office in the heart of the town into 225 private apartments, ranging from studio and "Manhattan"' suites through to one and two-bedroomed apartments and duplex penthouses, with magnificent views from the 18th and 19th floors.

The health of the property market may be the subject of much media comment and public debate, but Skyline Plaza is proving that the right property in the right location remains attractive to buyers.

The evidence is coming from the rental market, where demand for apartments in the landmark development has seen the first phase approximately 85 per cent sold out.

Ben Biggs, letting consultant at Romans, said: "We are receiving high volumes of enquiries from tenants specifically requesting Skyline Plaza."

The appeal to tenants is the contemporary design of the development and the close proximity to the town centre and the railway station.

The rental market comprises young professional couples from across the UK and abroad that could be working in central Basingstoke or London.

Basingstoke has one of the UK's lowest unemployment records at just 1.1 per cent and is a vibrant hub for both business and leisure.

It boasts one of the highest economic activity rates in the UK and is home to many well-known national and international companies that have their headquarters or regional offices in the town.

Berkeley Homes has four show apartments within the building and once Skyline Plaza is completed there will be a concierge service, launderette and creche on site.

Current prices at Skyline Plaza are from £105,000, which is below the stamp duty threshold of £125,000, to £189,000.