Centaline Investment has confirmed its first student housing project in Hong Kong with the acquisition of the Popway Hotel in Tsim Sha Tsui for HKD 180 million. The company plans to transform the hotel into a student housing project offering approximately 150 beds.
Tag Archives: hk
Expanding into Hong Kong’s Student Housing Investment Sector
2024-06-01 Centaline Investment plans to invest in approximately 2,000 student dormitory beds in Hong Kong over the next two to three years. This investment targets the new policy of the Hong Kong government to increase the subsidised UGC-funded quota for non-local students, anticipating a substantial rise in accommodation demand. With the local property market adjustingContinue reading “Expanding into Hong Kong’s Student Housing Investment Sector”