Property News · May 22, 2019

Has Hong Kong, the most expensive property market globally, found a solution in co-living? One firm hopes so


The co-living phenomenon is catching on fast in Hong Kong, the world’s most expensive property market, generating higher rents and attracting greater investment in the process.There are 1,600 beds available in the city currently, according to JLL, higher than a forecast of 1,200 beds between 2015 and 2020, with rents ranging from HK$2,700 (US$344) to HK$27,700.And supply is set to grow, with Hong Kong-based real estate fund Arch Capital Management Company the latest firm to hitch its wagon to…

Source : South China Morning Post
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