Buyers have snapped up 824 of the 866 homes in Circus West, according to the Malaysian-backed Battersea Power Station Development Company. The homes have been marketed in Singapore. Prices range from £350,000 for a studio to £6m for a penthouse. Buyers have paid a £2,500 booking fee plus 10 per cent of the purchase price to clinch purchases. Building is set to begin in July, finishing in 2017.

The power station closed in 1983. A Malaysian consortium bought it for £400m from a failed Irish developer.