Urban and Civic Launch Manchester New Square

HONG KONG, 31 January 2017 – Urban & Civic released the first phase of its 351 luxury 1, 2 and 3 bedroom apartments at Manchester New Square in Hong Kong in February.  The developer has appointed leading international firm Lendlease as its preferred contractor.

Manchester New Square will be making its debut launch for The Calico Building in Hong Kong. One-bedroom sizes from 590 – 661 sqf, with prices starting from around HKD 2.49 million.

Tickets are in high demand for an exclusive pre-launch, which will give purchasers the first chance to view this stunning development.  The apartments are available off-plan and completion will commence during 2019.

Manchester New Square, designed by Simpson Haugh & Partners, is located on the corner of Whitworth Street and Princess Street and comprises three residential buildings, surrounding an attractively landscaped and tranquil square. At ground floor level there will be a mixture of artisan restaurants and retailers, along with a private residents' gym, lounge and 24-hour concierge. The apartments are all generously proportioned and larger than can be found in other new developments in the city. Secure basement car and cycle parking is also available.

Philip Leech, Property Director at Urban & Civic comments, "Like us, Lendlease has a fantastic track record in high quality, city centre, residential development. Our senior management team has a long affiliation with the company and together, we very much look forward to delivering the most exclusive new residences the city has seen for at least a decade."

Manchester New Square is a short walk from Piccadilly, the Northern Quarter, world-class universities, fine art, shopping, cultural institutions, restaurants, bars and is only 25 minutes from the airport, where you can connect to over 200 worldwide destinations.

Philip adds. "All of the apartments will be available for sale and our agent JLL is registering significant interest pre-launch from a range of potential buyers, including young professionals, overseas investors, parents with students in the city, buy-to-let investors and those looking for additional retirement income. The central location has broad appeal and the site sits within an already established residential community, with fast access to the rest of the city and transport networks."

According to Hometrack, house price growth in the capital of the Northern Powerhouse has increased by 8.8% over the last twelve months, speeding ahead of London and the South East. This is great news for investors and owner-occupiers alike, and JLL predicts average annual rental growth over the next five years of at least 4.1%. Better snap one up quick, as it seems there is no better place to invest in property right now.