Manchester’s Hat Box development reports early sales surge

More than half of the homes at the new £30m Hat Box scheme in Manchester have now been sold.

Yorkshire-based developer Scarborough Group announced that despite only becoming available last month, 55% of the units have been snapped up by buyers.

Nicola Wallis, the firm’s marketing director, said: “We had a fantastic sales launch and it was great to meet so many owner occupiers who were there to buy their new home.

“It’s also really encouraging to see such strong demand for the Hat Box in advance of completion, as the first occupiers will move in early next year.”

She added: “The Hat Box will provide a really good mix of apartments that are typically larger than your average new home as we want to cater for a wider audience from first time buyers, families to empty nesters.”

Located next to Milliners Wharf in the New Islington area of Manchester, the Hat Box will feature parking spaces and a sky garden with table tennis facilities.

Nicola continued: “We are thrilled with how positive the sales have been on the Hat Box and we are really looking forward to moving our customers into their new homes early next year.”

The Hat Box development is a joint venture between Scarborough Group, Hong Kong-headquartered real estate firm Top Spring International Holdings Ltd, and Singapore-based development and investment company Metro Holdings Ltd. Together, the three organisations have formed a joint venture company called Fair Briar International.