Daily Market Updates: Could Hong Kong’s student housing boom lure property giants off the sidelines?

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Could Hong Kong’s student housing boom lure property giants off the sidelines?

Reported · Written up by our desk · North America

Hong Kong’s largest landlords and developers could get their first formal route into the rising student accommodation market after the government announced plans to tender land for a purpose-built student hostel this quarter, according to analysts. Development Secretary Bernadette Linn Hon-ho announced on Thursday the inclusion of a 1,100 square metre (11,840 square foot) site for student accommodation as one of two land tenders in the October to December quarter. The plot – at the junction of...

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SCMP EconomyCould Hong Kong’s student housing boom lure property giants off the sidelines?

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Could Hong Kong’s student housing boom lure property giants off the sidelines?

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