Why is Manchester the First Choice for Hong Kong BNO Passport Holder?
Looking for a shelter outside of Hong Kong? According to the Economist Intelligence Unit's (EIU) "World's Most Liveable Cities 2021", Manchester has been the UK's most liveable city for ten consecutive years since 2011. Manchester has not only attracted British corporate giants to settle in the city, but also a group of Hong Kong people with foresight, education and deep pockets to settle in the city, making it the largest settlement for Hong Kong BNO passport holder outside London. The rise of Manchester is unlikely to be hindered, transforming it into the northern "Capital" of UK.
Investing in Manchester's Property Market Looks Promising
1. Property prices in Greater Manchester have risen by 41% over the past five years, with a long-term property price gains
2. With a rental return of 15.5% over the next 5 years and about 100% occupancy rate, such an impressive rental return
3. The population in the city center is expected to be twice as large in 2025 as it is now, and it is predicted to reach a total of 3 million people in 2040, making the shortage of housing even more severe
4. 80 FTSE100 companies move into the North West to capture the second largest engine of the UK economy
5. 43% of tech unicorns choose Manchester as their headquarters, making it the fastest growing tech hub in Europe
6. New Bailey, St John's, N.O.M.A., Greengate and other financial and commercial areas are coming on stream with a total of £4.2 billion of infrastructure, bringing employment and investment opportunities. Investment in Salford City Centre is expected to be £950 million in 2016/17 and 2019/20, and £900 million in 2020/21 and 2025/26
7. At a cost of £98 billion, HS2, the second phase of the high-speed rail line, is expected to open in 2040, which will take only 68 minutes to travel to London, cutting the time by more than half and promoting business opportunities for major cities
8. Costing £2.1 billion, the Light Rail expansion project will have 93 stations covering 60 miles throughout the city, providing easy access
9. The cost of living in Manchester is 57% lower than that of London, making it a favourite among young professionals and families. Also, Manchester has been voted the most livable city in the UK and the No.1 place to live for BNO passport holders from Hong Kong
10. The city has a young population and unlimited development potential as more than 50% of graduates will stay in the city for career development, with 95,000 new university students each year
Investing in Manchester, High Potential and Affordable
We are proud to announce Fifty5ive, a new Manchester development by Salboy International to add value to your capital.
Property ID: RE100255. Tenure: 250-year leasehold. Planning permission no.: 20/74637/FUL (Granted by the Salford City Council).
Located in the Greengate area of Manchester city center that is going to be a vibrant mixed use area through urban regeneration, it is in a convenient 10-minute living area with excellent facilities for food, clothing, housing and transport. Adjacent to financial and business district and three universities, it meets the rental needs of professionals and university students. Rental returns of up to 6%*, with one-bed apartments from £230K only
Development potential: Adjacent to the new financial and business district, 8-min walk to New Bailey, the entertainment and business center; 15-min walk to Spinningfields, the financial center; 16-min to N.O.M.A, the large northern project; 16-min walk to St John's, the business center; 11-min drive to MediaCity, the creative and digital media hub. It is definitely the first rental choice for professionals.
Convenient Transportation: 8-min walk to Salford Central Station; 12-min walk to Manchester Victoria Station; 9-min walk to Manchester Piccadilly Station, the future HS2 station
Student's Choice: near University of Manchester, Manchester Metropolitan University, and University of Salford's, a good choice of student accommodation
Diversified Entertainment, Shopping Hotspots and Restaurants: 1-min walk to The Black Friar, a famous restaurant, 2-5-min walk to Nisa Local, a supermarket, or Sainsbury's Local, a convenience store, 2-13-min walk to Harvey Nichols, The Corn Exchange, Arndale Shopping Centre, Printworks and other shopping malls, and 18-min walk to China Town
Leisure and Cultural Life: 9-min walk to the Royal Exchange Theatre, a performing arts venue; 9-min walk to the National Football Museum and 17-min walk to the Manchester Art Gallery, a public art gallery
Stylish Interior Design: light and spacious units or duplexes with open design, large floor-to-ceiling glass windows, and custom furniture
Premium Clubhouse Facilities: residents enjoy 24-hour concierge service, rooftop garden, cinema, fitness room, shared work space and café in the lobby
【Manchester Popular Development Exhibition】
Date: 22 & 23 January (Sat & Sun)
Time: 11am – 6pm
Venue: Hennessy Room, 7/F, Conrad Hong Kong Hotel, 88 Queensway, Admiralty, HK
Early bird catches the worm! Seize the opportunity to invest in Manchester’s properties.
【Seminar: Tips for Property Investment in Manchester in 2022】
3 Steps to Build a Growth Engine for Your Property Investment
1. Smart strategies for leveraging
2. Tips for buy-to-let
3. Purposive tax planning
Speaker: Letting Expert JEFF WONG
Date: 22 & 23 January (Sat & Sun)
Time: 12:30pm & 3:30pm
Venue: Hennessy Room, 7/F, Conrad Hong Kong Hotel, 88 Queensway, Admiralty, HK
RSVP NOW. Private consultation is available upon request
Enquiry: 2157 9288 / 6063 9364
WhatsApp: https://bit.ly/3nnq8Vz
More international properties: ip.listsothebysrealtyhk.com
Why List Sotheby’s International Realty Hong Kong?
As preventive measures for COVID-19, List Sotheby’s International Realty will take the following actions during the events:
•Sanitization throughout the office from time to time
•Visitors must put on masks at all times and sanitize their hands before entering the venue
•Temperature measurement and fill out health declaration for all visitors
•Limit number of attendees for each session
•Visitors must register to enter the venue, walk-ins may not be accepted
© 2021 List Sotheby’s International Realty (Licence No: C-073987). Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision: https://bit.ly/2DWxi0h. The above exchange rate is for reference only, the actual exchange rate will be based on the prevailing rate on the date of execution. *Terms and conditions apply, rental yield is estimation only and is not guaranteed. In case of dispute, List Sotheby's International Realty has the right to make the final decision.
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