Overseas Property FB Live - Birmingham

Co-organized by The Standard and Sing Tao The Standard Overseas Property Online, the Overseas Property Facebook Live gathers insights from industry professionals and introduces outstanding property projects from top markets around the world.

In the latest episode of Overseas Property FB live held on June 9, Christy Chan and Ivan Wan, property consultants of Zebraland Property, shared their views on Britain’s economic outlook and investment prospects.

UK properties have long been one of the most popular investments for overseas buyers, especially in Hong Kong, for their solid performance over the years. With the relaxed visa provisions for BNO passport holders, and a favorable currency exchange rate between the Hong Kong dollar and the Pound Sterling, the market has witnessed a strong demand in the ‘buy-to-let’ investment sector.

For investors looking for options outside London, Birmingham is a rising star in Britain with a collection of favourable selling points.

Birmingham is the UK’s second city by size and population. It is also the youngest major city in Europe by age with 40% of its population under 25 years old.

“In recent years, a large number of foreign investors have relocated to the city,” Wan said. “It is now home to over 80,000 students with five top universities, so there is a large pool of professionals and students seeking lodging.”

“Birmingham has also been ranked as having the highest quality of life of any English city outside of the capital,” Chan noted. “In addition to its reasonable housing and rental prices, the general cost of living is merely half of that of London.”

There will be further improvement to the city’s connectivity with the construction of the £100-billion HS2 rail link which will lead to drastic reduction in travel time to other major UK cities. Expected to be launched in 2029, this new rail link will take you from Birmingham to London in just 45 minutes. When fully operational, the HS2 will carry 300,000 passengers every day. This new line will also create an estimated 26,000 jobs in Birmingham and 50,000 across the West Midlands region.

Affinity Living Birmingham

Developed by Select Property Group, Affinity Living Birmingham is the first development from the premium residential property brand to launch in Birmingham city centre. It consists of 278 premium one and two-bedroom residential apartments, ranging from 441 to 753 sq ft, split across two buildings. The spacious and contemporary homes overlook sweeping city and mountain views.

The brand’s market-leading amenities and unique approach to creating a vibrant community of like-minded people will also make Affinity Living the most in-demand new residence in Birmingham. Residents can enjoy a wide range of amenities, including state-of-the-art gymnasium and fitness studio; residents’ lounge; TV lounge area; live/ work lounge and private working booths; as well as courtyard and terrace area.

It will boast one of the most desirable locations for the city’s tenant population, located on one of the main roads into the city. It is merely a 10-minute walk to the New Street Train Station, with large shopping malls, restaurants, hospitals, cinema, and more in close proximity.

With a B5 postcode address, Birmingham is just 10 minutes away from 8 schools rated as outstanding by Ofsted. It is also close to 5 universities, with Birmingham City University and Birmingham University merely a 7-minute drive away.

Estimated to be completed in the 4th quarter of 2023, Affinity Living Birmingham boasts a rental yield of up to 6%.

Birmingham Property Exhibition

Date: June 12-13 (Sat-Sun)

Time: 11-6pm

Venue: Crystal Ballroom, Holiday Inn Golden Mile, Tsim Sha Tsui