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Centaline Investment has acquired Regal Oriental Hotel in Kowloon, Hong Kong, marking a major expansion of its CampusOne Communities student housing platform. With over HKD 2 billion committed to the project, Centaline Investment targets 6,000 student housing beds in Hong Kong within two to three years, driven by rising non-local student demand and improving real estate fundamentals.

Kavis IP, CEO of Centaline Investment, discussed the growing opportunities and challenges in Hong Kong’s student housing market on HOY TV. She emphasized Campus One Community’s commitment to creating safe, comfortable student communities by adopting established international management practices.

Centaline Investment launched a new student housing operating platform, CampusOne Communities, CampusOne Communities aims to provide high-quality and safe accommodation and living experiences for students studying at Hong Kong’s higher education institutions, while also assisting property owners in transforming suitable properties into student housing to seize new market opportunities and achieve stable returns.

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.

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”