The UK has always been the most popular country for investment and home ownership. As one of the world’s leading financial centres, London attracts a lot of investment from all over the world, which in turn boosts the local stock market and property market. As the UK’s most dynamic city for development in recent years, Manchester has attracted both locals and internationals to work there, which has led to an escalation in property prices and rents.
Rental market performs extradinoarily in Manchester
According to the Office for National Statistics (ONS), in terms of annual rent increases, Manchester’s year-on-year rate of increase (2023/02 to 2024/02) is 12.3%, which is 3-3.5% higher than the North West (8.8%) and the UK as a whole (9.0%) over the same period, making it a winner city in the country.
According to Property Data, Manchester’s population has increased dramatically from 422,000 at the turn of the century to 600,000 today, and is expected to grow by 30,000 over the next six years. With 100,000 people living in the city centre by 2026, Manchester’s property market is in the spotlight. With growing demand from both tenants and buyers, this neighbourhood is set to become a star of the future for the whole of the UK.
Obsidian l The Greengate neighbourhood’s most eye-catching landmark project
On the architectural front, the new Obsidian’s terraced façade sets it apart from its neighbours, with an oversized balcony on the feature unit.
The Obsidian is situated in Salford, a vibrant neighbourhood in Manchester, in the heart of the city centre. Perched high on the Manchester skyline, Obsidian is a striking 26-storey building offering a choice of studio, one, two and three-bedroom layout. Each unit has been carefully designed and fitted out to suit the needs of modern urban living.
Situated in Manchester’s prime location, Obsidian is the perfect place to work, play and study. Manchester Arndale, a mega shopping centre, is an 8-minute walk away for all your shopping, dining and lifestyle needs. Similarly, Spinningfields, the heart of Manchester’s CBD, is an 8-minute walk away, bringing with it a talented young professional tenant base.
In respect of transport, the Obsidian is just as convenient. Salford Central Station is a 6-minute walk away and Victoria Station is a 12-minute walk away.
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Exhibition - Obsidian
Date: Apr 27-28 (Sat and Sun)
Time: 12- 6 pm
Venue: Canvas 5, 26/F, Park Lane Hotel, Causeway Bay
Seminar: 2pm and 4pm
Enquiry: 6353 9004
