HK Student Housing
Centaline Investment is pleased to announce the launch of its premier student housing project, One Pace 117, situated in the prime district of Tsim Sha Tsui, Hong Kong. This initiative marks our strategic entry into Hong Kong’s vibrant student accommodation market, aligning perfectly with the growing demand for modern, secure, and well-located student residences.
One Pace 117
One Pace 117, our inaugural student housing development, is located at the site of a former 3-star business hotel, acquired for HKD 180 million. An additional HKD 20 million is being invested in renovations. The facility will offer a variety of room configurations—including single, twin, and triple rooms—with a total capacity of 121 beds, catering to diverse student needs. Renovations are expected to be completed by August 2025, with an expected average occupancy rate of 97%. The project targets university students from nearby universities across Kowloon.
Highlights of the One Pace 117 Conversion
Communal Living & Social Spaces
- Coffee corner for casual interactions
- Shared kitchen fostering community dining experiences
- Laundry facilities for resident convenience
- Dedicated study rooms to support academic pursuits.
- Multifunctional spaces for events and gatherings
Culturally Rich Lobby
- Lobby reflecting Hong Kong’s vibrant cultural heritage
- Artistic elements inspired by local traditions and contemporary influences.
- Enhancing the overall student living experience through the themes of “living, studying, and experiencing” in Hong Kong.
Enhanced Residential Floors (3-18/F)
- Tailored rooms offering ample natural lighting, enhanced storage, and dedicated workspaces
- Designs focused on comfort, privacy, and flexible living arrangements
Rooftop Communal Area
- Develop a distinctive rooftop area to enhance the property’s appeal
- Design with an emphasis on providing a panoramic view of the harbor
- Multifunctional space for relaxation, socializing and events
- Landscaped surroundings and comfortable seating areas
