Manchester Development Vita Living Circle Square Launch Sale Singapore
The highly anticipated Sembawang Road Executive Condominium (EC) is situated in the northern region of Singapore, offering a tranquil yet well-connected community perfect for families and young couples. Positioned between Sembawang and Yishun, this new EC is set to attract eager buyers. Executive condominiums in Singapore are a unique amalgamation of public and private housing, constructed by private developers but sold under government-regulated eligibility criteria. As time goes by, ECs gradually become fully privatized, making them sought after not only as homes but also as long-term investments. With its prime location, potential for capital appreciation, and upcoming infrastructure enhancements in the vicinity, Sembawang Road EC at Canberra MRT is expected to receive a high level of interest from eligible buyers.
Vita Living Circle Square, an upcoming residential development located in the bustling city of Manchester in the UK, is set to launch its sales to Singapore investors. Previously reserved for institutional investors, the completed development is now opening its doors to individual buyers, according to the property’s marketing agent, Savills Singapore.
With its strategic location on Oxford Road, just a stone’s throw away from the prestigious University of Manchester, Vita Living Circle Square boasts 266 units of one-, two- and three-bedroom apartments across 15 storeys. The property was developed in collaboration with the Greater Manchester Pension Fund, as part of the GBP850 million ($1.4 billion) Circle Square regeneration project in the heart of Manchester city.
Notably, the property has maintained a remarkable 98% occupancy rate since its completion. Savills Singapore also projects a rental yield of 6.5% to 7% for investors.
Apart from its prime location, Vita Living Circle Square offers a range of top-notch amenities including rooftop terraces, co-working lounges, private booths, meeting pods and private dining rooms. The development is only a two-minute walk from Oxford Road Station, while Manchester Piccadilly Station can be reached in just 12 minutes.
“With its unbeatable location, proven rental returns and comprehensive array of amenities, this is a rare opportunity for savvy investors to make a confident entry into the UK property market,” says Ruben Koh, senior director and head of international residential sales at Savills Singapore. “The property is fully completed, professionally managed and already generating income – a level of opportunity not often available to individual buyers.”
Interested investors can look forward to the Singapore sales launch for Vita Living City Square during the weekend of 5 and 6 July at voco Orchard Singapore.