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Hong Kong's serviced apartment sector is experiencing a flurry of transactions, with several properties changing hands and significant investment interest emerging. This activity highlights a dynamic market influenced by evolving valuations and strategic divestments, as well as potential new entrant…
The family of late Macau casino magnate Fu Tak-iam has expanded its significant Hong Kong real estate holdings with the acquisition of CHI 138, a 107-unit serviced apartment property in the bustling Wan Chai district. The deal, valued at approximately HK$550 million (US$71 million), was finalized th…
Hong Kong-based co-living giant Dash Living is significantly expanding its footprint across Asia Pacific. The company has announced a strategic move to convert a Travelodge property in Hong Kong into a co-living space and has acquired Japanese flexible accommodation firm IntheHood Hospitality, bolst…
Emperor Entertainment Hotel, the hospitality arm of Emperor Group, has agreed to sell its 57-unit serviced apartment block, The Unit Davis, in Hong Kong's Kennedy Town for HK$275 million (approximately $35.4 million). This sale comes after a significant drop in the property's valuation, highlighting…
Hong Kong's flexible accommodation provider, Dash Living, is significantly expanding its co-living footprint in the city. The company has announced plans to take over the management of the Travelodge Central on Hollywood Road, rebranding it as Dash Living on Hollywood, and adding 148 rooms to its po…
Weave Living, a prominent rental accommodation provider, has significantly expanded its portfolio through recent strategic acquisitions in both Hong Kong and Singapore. This expansion underscores the company's commitment to redefining urban living across the Asia-Pacific region and catering to a div…
Property developer OUE Limited has announced the sale of its luxury serviced residences and hotel business, Oakwood Premier OUE Singapore, for a total of $289 million. The transaction involves joint venture firms formed by Hong Kong's AMTD Group and Dorsett Hospitality International, a subsidiary of…
Global real estate investment firm Hines has officially opened its inaugural rental apartment project in Hong Kong, named Dash on Prat. This 18-storey co-living facility, located in the bustling Tsim Sha Tsui district, marks a significant expansion of Hines' multi-family residential portfolio in the…
Sino Group, a prominent Hong Kong developer, has significantly expanded its hospitality portfolio by launching and operating a new collection of serviced apartment brands across prime locations in the city. This strategic move aims to cater to the growing demand for flexible, well-appointed long-sta…
So, you've heard Hong Kong is getting cheaper? Maybe you've seen some headlines or heard people talking. It sounds good, right? But before you pack your bags thinking it's a budget paradise, let's take a closer look. The reality of the cost of living in Hong Kong for an expat is a bit more complicat…
Hong Kong's housing market is changing. People are looking for more adaptable living situations, and new ways of living are popping up. This shift towards flexible living hong kong comes with its own set of challenges, though. While it offers new options, it also brings a good dose of uncertainty. L…
Onyx Hospitality Group is significantly expanding its Shama serviced apartment brand, with a strong focus on Hong Kong and the broader Southeast Asian market. This strategic growth aims to meet the increasing demand for flexible, community-focused accommodation solutions for both business and leisur…