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Reading, the UK’s silicon valley, provides a prestigious lifestyle for young professionals

In addition to London, Reading is another financial IT hub in the UK that is less than an hour’s drive from the capital city. Reading is hailed as the UK’s Silicon Valley, holding immense potential. In view of this, the local government and large enterprises have invested substantially in the city’s infrastructure in recent years, particularly in the much-anticipated Crossrail – Elizabeth Line, which will run through Reading and shorten the travel time from Reading to Heathrow Airport and London.

The ideal commuter town

Apart from being known as the “UK’s Silicon Valley”, Reading is the one of most desired London commuter towns. Situated within the London commuter belt, Reading is an ideal living place for those who commute to other cities. By train, it takes just 23 minutes^ to travel from Reading Station to Paddington Station in London, and around 66 minutes^ to Canary Wharf via Crossrail. When the entire Crossrail Line opens next year, The Elizabeth Line will take you from Reading Station to Heathrow Airport in less than an hour^, and to Bond Street, Liverpool Street and Canary Wharf in about an hour^.


Most tenants are well-paid young professionals

Reading is renowned as the “UK’s Silicon Valley” and this name is rightfully earned. It is home to the headquarters of many technology giants, including Huawei, Pepsico, Cisco, Prudential, Microsoft, Foster Wheeler and Verizon. This IT hub also houses a number of business parks, such as Green Park Business Park, Reading International Business Park and Thames Valley Park, covering finance, communications, technology, electronics and a wide range of other industries. An increasing number of job opportunities have therefore been created, and naturally, the demand for housing has soared.

Green Park Village is within London’s one-hour living circle

St Edward, one of the most influential developers in the UK, creates Green Park Village with the concept to build an environmentally-friendly, sustainable community in Reading. Boasting a stunning lakeside setting as well as close proximity to Green Park Business Park, the project has attracted huge demand from well-paid technical experts, resulting in an extremely high occupancy rate. The Longwater Collection, the latest phase of homes at the successful project, is available for sale now.

Green Park Village enjoys excellent transportation connectivity and is close to the forthcoming Reading Green Park Railway Station. It will take just 6 minutes^ to ride from Reading Green Park Station to Reading Station, and another 23 minutes^ from Reading to Paddington Station in London. The Crossrail Elizabeth Line, due to be fully operational by mid-2023, will also run through Reading Station. By bus, you can reach the city centre in just 12 minutes^. In addition to the convenience of travelling to and from London, Reading is located close to the M4 motorway. It takes around half an hour to drive to Heathrow Airport; 32 minutes^ to Windsor Castle, one of the Queen’s residences; and 30 minutes^ to Ascot, where the annual Royal Ascot attended by the Royal family takes place. Residents in Reading can indeed enjoy great convenience brought by the “one-hour living circle of London”.

Another advantage of the area is the lower price level compared to that in London. There are many large-scale supermarkets, such as Sainsbury’s, ASDA and Tesco. The Oracle, Broad Street Mall and Market Square in Central Square are located close to River Kennet, featuring over 50 different retail and dining brands. The malls also house a number of department stores, including Debenhams, John Lewis and House of Fraser Complemented by Costco near Madejsk Stadium, the outlets available can definitely cater to every shopping preference and habit of local residents.

Prestigious schools are right next door

Green Park Village is a great living location in all aspects. It enjoys excellent transportation connectivity and a convenient shopping experience, as well as incredible lakeside scenery and natural environment. Moreover, Green Park Village Primary Academy is only a short stroll away. The area is also home to Reading School for Boys and Kendrick School for Girls, two of the best grammar schools in the UK for GSCE’s and A-Levels. University of Reading and Henley Business School, world-famous higher education institutions, are nearby as well. Among them, University of Reading is ranked [top 30 UK University (ranked 27th out of 84 UK universities featured in the QS World University Rankings, 2021)](https://www.topuniversities.com/universities/university-reading), with an impeccable reputation in accounting, marketing and psychology, which are the most sought-after and coveted subjects for overseas students.

The Longwater Collection provides low-density, 1- to 2-bedroom apartments alongside a designated car parking space each, with 999 years of ownership and priced from £305,000*. Green Park Village offers an array of lifestyle facilities, including a new primary school, Market Square, Extra Care homes and Market Square with proposed flexible commercial unit. Situated adjacent to the development is Green Park Business Park where there are further amenities including a gym, pool, crèche, restaurants and retail available to meet the needs of daily life. The developer, St Edward, is renowned for high-quality buildings and the creation of modern living space.

Sign up gor Green Park village exhibition & seminar now!

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Green Park Village exhibition

Date: 18 – 19 June 2022 (Saturday – Sunday)
Time: 11:00 am – 7:00 pm
Venue: The Boardroom, The Langham, Tsim Sha Tsui, Hong Kong
Contact number: +852 9848 7057

Reading property seminar at 2:30 pm- 3:30 pm (R.S.V.P Required)

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(Online consultation also available)

This is an overseas investment. Benham and Reeves (Hong Kong) Limited and its sales representatives work exclusively in relation to properties outside Hong Kong and are not licensed under the Estate Agents Ordinance (Cap. 511) to deal with Hong Kong properties. As overseas investments carry additional financial, regulatory and legal risks, investors are advised to do the necessary checks and research on the investments beforehand. Our Head Office, Benham & Reeves in the UK, are members of ARLA and NAEA. Benham & Reeves Hong Kong EA Co. Licence C-092169. *Prices and details correct at time of going to press. Computer generated image, Showhome photography and lifestyle imagery are indicative only. ^All travel times are approximate only and are sourced from google.co.uk/maps, nationalrail.co.uk and Thames Valley Berkshire Update March 2018. **Apartment leaseholds 999 years from 2016. Planning permission 10/01461/OUT (Reading Borough Council).


About the Author

With over 60 years of experience in London market, Benham and Reeves offers a comprehensive one-stop service which includes London property sales (purchase and selling) and full letting and management services to investors. Benham and Reeves Hong Kong SAR office was established in 1995 to provide real estate agency services to Hong Kong buyers, sellers and landlords in regards to all their London property needs.