Property News · July 18, 2018

Hong Kong’s co-living space goes upmarket as rents and home prices soar


In Hong Kong, the world’s most expensive place to live, the economical concept of co-living that is popular among young people has moved upscale.
District15, developer of The Nate in Tsim Sha Tsui is leasing out space from HK$15,000 (US$1,911) to HK$25,000, rates relatively steep by co-living standards, though property agent JLL said rents for such space could start from HK$2,800 a month to HK$20,000.
The development offers 71 sparsely-furnished units with large-sized beds and private…

Source : South China Morning Post
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