Leading housebuilder Barratt Homes has seen an impressive influx of buyers from the Hong Kong community at its Romans’ Quarter development in Bingham and Beeston Quarter development in Beeston.
This surge in interest underscores these developments’ cultural appeal and their alignment with the preferences of Hong Kong residents seeking new homes in the UK. Statistics from the UK Office for National Statistics reveal that over 140,000 Hongkongers have relocated to the UK since the British National (Overseas) visa program was introduced in 2021.
This migration trend highlights the increasing demand for high-quality housing among Hong Kong residents, many of whom are seeking a blend of modern amenities and a welcoming community atmosphere. The UK has become an attractive destination for Hong Kong residents due to several key factors.
Firstly, the UK’s robust education system is renowned globally, offering prestigious institutions and diverse academic opportunities, which are highly valued by Hong Kong families. Additionally, the UK’s strong legal framework and respect for individual freedoms provide a sense of security and stability.
The UK’s multicultural society and historical ties with Hong Kong further contribute to its appeal. Many Hongkongers find it easier to integrate into British society due to these shared cultural and historical connections.
The UK also offers a high standard of living, with access to excellent healthcare, a diverse job market, and a rich cultural scene. Barratt Homes’ Romans’ Quarter development is located in the market town of Bingham, and currently has a range of three-and four-bedroom homes available, priced from £359,995 (around HKD $3,662,697), with approximately 25% of residents having moved from Hong Kong to the development.
Romans’ Quarter offers views of the Nottinghamshire countryside while providing excellent proximity to the town centre. It is located within walking distance of nurseries, schools, and colleges, and provides easy access to the A52, A46, and Bingham railway station for convenient commuting.
Barratt Homes’ Beeston Quarter development is located in Beeston within walking distance of the town’s facilities and is situated just three miles southwest of Nottingham. The development offers a range of two-three-four-and six-bedroom homes, priced from £284,995 (around HKD $2,875,599).
Roughly 30% of the development’s residents have moved from Hong Kong, which has recently seen the release of its final properties for sale. Beeston Quarter is often praised by residents for its strong sense of community, with shops and restaurants that offer a home away from home.
Martyn Parker, Sales Director at Barratt Homes North Midlands, said: “We are thrilled to see such a significant interest from the Hong Kong community at our Romans’ Quarter and Beeston Quarter developments.
“The combination of excellent educational opportunities, superb transport links, and a harmonious blend of urban and natural living spaces resonates well with what Hong Kong buyers are looking for in a new home. In Hong Kong, home prices are often double those of our properties, typically for small flats with no gardens.
“Our homes provide spacious living areas and beautiful gardens, offering an unparalleled lifestyle for those relocating from Hong Kong. As a responsible housebuilder, we strive to create developments that cater to diverse cultural preferences, and these developments are a testament to our commitment to delivering exceptional living experiences.”
As demand continues to grow, Barratt Homes remains dedicated to meeting the needs of its international clientele, ensuring that Romans’ Quarter and Beeston Quarter remain a desirable and culturally appealing destination for home buyers from Hong Kong and beyond.