{"id":96041,"date":"2018-08-15T08:00:00","date_gmt":"2018-08-15T01:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-living-becomes-quite-the-rage-among-hong-kongs-young-professionals\/"},"modified":"2018-08-15T09:03:02","modified_gmt":"2018-08-15T02:03:02","slug":"co-living-becomes-quite-the-rage-among-hong-kongs-young-professionals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-living-becomes-quite-the-rage-among-hong-kongs-young-professionals\/","title":{"rendered":"Co-living becomes quite the rage among Hong Kong\u2019s young professionals"},"content":{"rendered":"<p>&#013;<br \/>\nCo-living spaces are appealing to more young professionals, with their offer of an upscale lifestyle at relatively modest prices.<br \/>\n\u201cWe see an increasing demand for nicer, affordable space,\u201d said Denis Ma, head of research at JLL.<br \/>\n\u201cI am surprised that even some small, individual flats scattered across different buildings, are seeing really high occupancy rates.\u201d<br \/>\nThe firm We r urban, founded in 2016, is one of a number of small co-living space operators, targeting those&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2159662\/co-living-becomes-quite-rage-among-hong-kongs-young-professionals\" target=\"_blank\">Co-living becomes quite the rage among Hong Kong\u2019s young professionals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Co-living spaces are appealing to more young professionals, with their offer of an upscale lifestyle&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-96041","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-oZ3","jetpack-related-posts":[{"id":66374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-living-the-new-norm-for-young-professionals-priced-out-of-hong-kongs-property-market\/","url_meta":{"origin":96041,"position":0},"title":"Co-living the new norm for young professionals priced out of Hong Kong\u2019s property market","date":"September 14, 2017","format":false,"excerpt":"\r Safe, cosy and above all, affordable: a rare thing in Hong Kong, one of the world\u2019s most expensive places to find a home. But those are precisely the attributes that are driving young professionals in the city to opt for co-living spaces \u2013 small rooms built around communal living\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-hotels-in-hong-kong-convert-to-co-living-spaces-as-they-look-to-improve-rental-yield\/","url_meta":{"origin":96041,"position":1},"title":"More hotels in Hong Kong convert to co-living spaces as they look to improve rental yield","date":"March 6, 2018","format":false,"excerpt":"\r An increasing number of hotels in Hong Kong\u2019s non-core tourist areas are toying with the idea of converting their properties to co-living spaces as they face challenges from the changing travel pattern of young professionals and a drop in mainland tourists, say industry experts. \u201cHotels converting to co-living use\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-space-goes-upmarket-as-rents-and-home-prices-soar\/","url_meta":{"origin":96041,"position":2},"title":"Hong Kong\u2019s co-living space goes upmarket as rents and home prices soar","date":"July 18, 2018","format":false,"excerpt":"\r In Hong Kong, the world\u2019s 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-cecil-chao-experiments-with-co-living-to-avoid-hong-kongs-looming-vacancy-tax\/","url_meta":{"origin":96041,"position":3},"title":"Billionaire Cecil Chao experiments with co-living to avoid Hong Kong\u2019s looming vacancy tax","date":"October 30, 2019","format":false,"excerpt":"\r Billionaire Cecil Chao Sze-tsung\u2019s Cheuk Nang (Holdings) is offering seven flats at its One Kowloon Peak luxury residential project as co-living units in a bid to avoid vacancy tax amid downbeat sentiment.\u201cThe penalty is quite high if you do not lease them. If it [vacancy tax] is really implemented,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hype-aside-whats-the-mental-effect-of-a-young-workforce-living-in-cramped-co-living-conditions\/","url_meta":{"origin":96041,"position":4},"title":"Hype aside, what\u2019s the mental effect of a young workforce living in cramped co-living conditions?","date":"January 7, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property developers are promoting the trend of \u201cco-living\u201d space as the new, wonderful and inevitable lifestyle for young people seeking to enter Hong Kong\u2019s impossibly expensive real estate market. This exposes a deep, exploitive fault line between the standard of living being imposed by private developers on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-property-developer-future-land-eyes-co-living-opportunities-in-hong-kong\/","url_meta":{"origin":96041,"position":5},"title":"Shanghai property developer Future Land eyes co-living opportunities in Hong Kong","date":"November 2, 2017","format":false,"excerpt":"\r Shanghai-based Future Land Development has set its sights on Hong Kong\u2019s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two residential and commercial projects each. The residential projects will be turned\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96041"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=96041"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96041\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}