Revolutionizing Urban Accommodation: Owl Square Expands its Coliving Serviced Apartments

June 08 11:03 2023
Revolutionizing Urban Accommodation: Owl Square Expands its Coliving Serviced Apartments
Responding to Hong Kong’s high housing costs, Owl Square and Bridgeway Prime Shop Fund have invested in properties in Sham Shui Po. Their aim is to create affordable coliving serviced apartments. Owl Square, with serviced apartments in 14 locations, caters to diverse tenant needs. For more information, potential tenants are encouraged to visit their website.

Hong Kong is a small city with a large population and high housing prices. For young people who are just starting their careers and have a limited budget, it is not easy to rent an apartment and live alone. Therefore, the coliving serviced apartment model has become a great alternative from the traditional housing rental market. The coliving serviced apartment allows tenants to enjoy flexible leases, and some of the rent includes management fees, utilities, internet access, and weekly cleaning and laundry services.

Sham Shui Po Coliving Serviced Apartment Expansion

In recent years, the nearly 60-year-old buildings on Yen Chow Street in Sham Shui Po have become a new target for investors. Bridgeway Prime Shop Fund and Owl Square Coliving Space investors spent about $100 million to acquire properties at 11-19 Yen Chow Street. The 60-year-old building will have 72 residential units, said Owl Square founder Max Poon, “Sham Shui Po is a core residential area in Hong Kong with mature city development. There are large shopping centers in the vicinity. It takes only 7 minutes to walk to Nam Cheong or Sham Shui Po Station, so it is very convenient to travel to all districts in Hong Kong. We will carry out value-added renovations to the property and provide high quality and affordable serviced apartment rental solutions for this new expansion.”

About Owl Square Coliving Hong Kong Co-Living Apartment Provider

Owl Square coliving serviced apartments are currently located in 14 locations around Hong Kong Island and Kowloon, offering hundreds of beautifully decorated small to medium sized serviced apartment units. Popular residential areas include central, Causeway Bay, Quarry Bay, Wanchai, and more. Kowloon coliving serviced apartments include, Mongkok, Prince Edward, Jordan, etc. All the coliving serviced apartments are suitable for any family, or single person to live in. Currently, the clientele are mainly locals, foreigners, students and working professionals.


More Information:

Media Contact
Company Name: Owl Square Coliving
Contact Person: Leo Lai
Email: Send Email
Phone: +852 6110 2426
Address:Unit 5C, 5/F, Hop Hing Industrial Building, 02-704 Castle Peak Road, Cheung Sha Wan
Country: HongKong