Savills News

Helical Bar's new release of Barts Square Apartments

Following the very successful launch of Phase 1 in autumn 2014, Helical Bar is returning to Hong Kong & Singapore with a brand new release of apartments.

Following the very successful launch of Phase 1 in autumn 2014, Helical Bar is returning to Hong Kong & Singapore with a brand new release of apartments. 

Barts Square is a landmark London residential development, occupying a 3.2 acre site in the heart of the City of London. Setting itself far apart from the competition, the first two phases of Barts Square feature apartments across six separate houses, each with their own distinct character. The apartments themselves are individually crafted, with beautifully designed interiors and a palette of high quality materials. 

Barts Square offers a fantastic opportunity for purchasers. Its location is not only one of the best connected spots in London, less than five minutes walk from three underground stations and a minute from the new Farringdon East Crossrail, it sits amidst both bustling commerce and charming history. The global financial centre of the City is moments away, as are charming London pubs found hidden on winding Victorian passageways. The cobbled streets give way to gleaming office buildings and around every corner is another charming discovery. 

Nikki Gibbard, Development Executive at Helical Bar commented,

“Whenever a new central London development site comes to market, there is invariably considerable hype about ‘unique locations’ and ‘once in a lifetime development opportunities’. While these sweeping statements need to be taken with a healthy pinch of salt, it would not be hyperbolic to say that Barts has presented us with a truly fantastic opportunity to create a place like no other. There are currently around 7,500 residences in the City of London and it is unlikely that more than 12,000 will ever be permitted. Therefore, to be able to develop 236 high quality and carefully designed residences on a 3.2 acre site steeped in historical charm is, for us, an unrivalled opportunity.

We have striven for high quality in all aspects of the scheme, from the integrity of the exterior architecture,  to blending both the retained and new build elements. We have selected a raw yet refined interior palette, using only the highest quality of materials. We have taken time to properly consider the landscaping and ground floor experience, reintegrating the historical elements and taking a ‘less is more’ approach.

Barts Square has become more than just a development scheme for us, it is a labour of love, in which we have been given the opportunity to create a new quarter of the City. It is a privileged position to be in and something we do not take lightly.” 

The sales rate of the first phase has reflected the quality of the scheme, with over 70% of the available units selling out since last autumn’s launch and current interest remaining strong. This new release brings two brand new buildings, Vicary House and The Underwood Building, to the Asian market. With striking warehouse inspired design, these two buildings sit elegantly alongside the main square, which will be lined with restaurants and cafes and provide the perfect location for a mid morning coffee or after work glass of wine.

Andrew Hawkins of Savills added,

“Barts Square is without doubt one of the finest residential development projects I have worked on. The attention to detail and thoughtful development approach is really resonating with buyers. I am delighted that we are able to return to Asia to launch two brand new buildings, Vicary House and The Underwood Building.

The London market continues to perform well and after a positive election result we are seeing a renewed vigour for London development property. Due to the low level of residential apartments in this part of London, Barts Square answers very effectively a significant demand for high quality rental homes from the vast professional tenant pool that London’s financial heart supplies."

 

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