Centaline Investment – Charm

Hong Kong tests student housing land sales as office market slowdown curbs tenders

2 months ago03 mins

Hong Kong is testing purpose-built student housing as an alternative land-sale model, as weak demand for commercial sites pushes the government to explore uses that can still attract investor interest. The Development Bureau on Tuesday invited expressions of interest (EOI) for student hostel development on three commercially zoned sites in Kai Tak, Siu Lek Yuen…

Call for regulated rents in Hong Kong student hostels ahead of relaxed planning rules

Cs news9 months ago02 mins

Hong Kong lawmakers have urged authorities to regulate university hostel rents as more office buildings and hotels are set to be converted into student accommodation, with the Post finding market rates for some are four times higher than for campus dormitories. The legislators made the call on Tuesday as they discussed a new government policy…