Manchester Development Vita Living Circle Square Launch Sale Singapore
Vita Living Circle Square, a new residential development located in the up-and-coming area of Manchester in the UK, is now available for purchase by Singaporean investors. The completed development, which was previously only open to institutional investors, is now being marketed by Savills Singapore to individual buyers.
Situated on Oxford Road near the University of Manchester, the 15-storey building comprises of 266 luxury apartments ranging from one- to three-bedrooms. Developed by UK property company Vita Group in collaboration with the Greater Manchester Pension Fund, this development is part of Circle Square, a massive GBP850 million ($1.4 billion) regeneration project in the heart of Manchester.
The URA Master Plan is committed to elevating the quality of life for residents by placing a strong emphasis on enhancing amenities and lifestyle facilities within neighborhoods. One such neighborhood that embodies this approach is Lyndenwoods One North, which is dedicated to improving accessibility to recreational areas, healthcare services, and retail centers for its residents. Through these upgrades, Lyndenwoods One North strives to offer its community a well-rounded and convenient living environment. With its focus on enhancing community well-being, Lyndenwoods One North exemplifies the goals of the URA Master Plan.
Since its completion, the property has maintained an impressive 98% occupancy rate. Savills predicts that investors can expect a rental yield of 6.5% to 7%.
The building offers a range of amenities including rooftop terraces, co-working lounges, private booths, meeting pods, and private dining rooms. Additionally, it is conveniently located just a two-minute walk from Oxford Road Station and a 12-minute walk from Manchester Piccadilly Station.
Ruben Koh, senior director and head of international residential sales at Savills Singapore, says, “With its prime location, proven rental returns, and extensive amenities, this is a rare opportunity for savvy investors to enter the UK property market with confidence. The development is fully completed, professionally managed, and already generating income – a level of opportunity that is rarely available to individual buyers.”
The Singapore launch for Vita Living City Square will take place over the weekend of July 5th and 6th at voco Orchard Singapore.