Asia

China Resources Longdation acquired two hotels in Kwai Chung for HK$440 million, converting the 24-story Hotel Ease Tsuen Wan and 21-story Hotel Ease Access into student housing with a combined total of 330 rooms.

The Singapore Land Authority awarded the tender for 362 Holland Road to Trans-Orient Services, which plans to redevelop the 24,594 sq ft state property into a co-living residence targeting working professionals and students, emphasizing community living and biophilic design.

TrustCapital and Taylor’s Assets have formed a strategic joint venture to establish a purpose-built student accommodation (PBSA) investment platform in Malaysia, targeting the development and acquisition of student housing assets backed by institutional capital.

Hong Kong’s student accommodation shortage is projected to nearly double to 147,200 beds by 2029-2030, driving investors to convert hotels and office buildings into student housing, exemplified by China Resources Longdation’s $953 million purchase of Hotel COZi Oasis for conversion into 900 beds.

China Merchants Commercial REIT and BGO are buying a fully occupied 205-bed Hong Kong student hostel for HK$528.5m, highlighting continued investor demand for income-generating student housing assets in the city.

Mainboard-listed Centurion Corporation has signed a provisional sales and purchase agreement for the acquisition of Yan Woo Building in North Point, Hong Kong, City & Country has learnt.

Singapore’s SG Youth Plan has launched a pilot co-living program targeting young adults aged 21 to 35, with two operators offering over 100 discounted rooms to meet growing demand for flexible, independent living options.

Having hit its target of recruiting 300,000 international students two years ahead of schedule, South Korea is shifting from rapid expansion to a more...

Every September, the same scene plays out across campuses and cities: cars queue outside receptions, trolleys appear and disappear through doorways, and students carry...

Far East Orchard’s (FEOR) 239-bed purpose-built student accommodation (PBSA) development at Plymouth Grove, Manchester has received “Gateway 2” approval under the UK’s Building Safety Act, allowing construction to begin.