All levels of Singaporean society put a high value on attaining the best education possible. As investors we are particularly interested in areas that have a long history and tradition of academic excellence. Cambridge with its world-class university is one of the very best examples of this and is therefore, becoming a focus for property investors looking to diversify their portfolio.
A new community
Positioned just 65 miles north east of London, Cambridge is a well-managed town with beautiful green surroundings and a low crime rate. Conceived and managed by the University, Eddington is a unique new suburb of Cambridge which invites people to be part of a growing and prosperous community. Knights Park, Eddington is one of the latest new-build property developments aimed at transforming the local area into a brand new hotspot.
The neighbourhood is named after an illustrious Cambridge alumnus: astronomer, Sir Arthur Eddington and is designed to have close connections with Cambridge town centre through pathways, cycle routes and meadows that form natural links for sustainable journeys. Knights Park is the ideal scheme for families and professionals who are looking for a base while their children study, or as a rental investment for the growing number of well-educated tenants in the thriving local business and tech sectors.
Properties at Knights Park range from generously-proportioned apartments to large villa-style houses. Interiors are thoroughly modern, spacious and expertly designed. With tall doors that open out onto patios and courtyards, residents feel connected to nature and at peace with their surroundings. All the buildings benefit from smart design technology which includes low solar gain glazing, eco appliances, green and brown roofs and low energy lighting. The aim is to reduce carbon emissions by 85% of 2010 levels. Investing here means helping to sustain the planet.
Great schools leading to opportunities for an elite education
A vital part of living in Knights Park is the presence of the University of Cambridge Primary School, just a short five-minute walk away. This outstanding school is the perfect way to introduce bright and gifted children to the uniquely creative atmosphere of learning that is Cambridge’s big feature. This is sure to bring ambitious families flocking to Knights Park.
There are many top-performing secondary schools nearby. St Bede’s Inter-Church School and Chesterton Community College were both ranked as “Outstanding” by OFSTED. Top independent institutions include St Mary’s School, Heritage School and King’s College School and attending any one of them will give pupils a great chance of gaining entry to one of the University of Cambridge’s many historic places of higher education. Another plus point is that since Cambridge is so compact, most of these schools are never more than a short drive away. There is also a regular bus service that links Eddington to all the main destinations in Cambridge.
The large student and academic population of Cambridge make it an open and welcoming place to live and work in. There are plenty of restaurants, art galleries, music venues and shops to enjoy in the town centre where the international influence of the students is strongest. Many global cuisines can be enjoyed.
Knights Park is only minutes from the M11 route into London. Regular trains go to Stanstead Airport (30 mins) and Kings Cross (53 mins)
Investors may note that as well as usual service charges, there are also estate charges to factor in when making a purchase. These contribute towards the maintenance of community facilities and the extensive landscaping of the surrounding green space which residents will enjoy.
Prices start from £689,950 which translates to £550 psf and the estimated rental yield is a respectable 3-4%. For full details regarding benefits, discounts and other charges, please talk to Doris Tan or Kevin Loo in our Singapore sales team.
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