Co-living becomes quite the rage among Hong Kong’s young professionals
Little things, such as clothes hangers made out of old water-pipes, a wooden ceiling and small paintings, coupled with modern elements, make even the smallest flats more homey
Co-living spaces are appealing to more young professionals, with their offer of an upscale lifestyle at relatively modest prices.
“We see an increasing demand for nicer, affordable space,” said Denis Ma, head of research at JLL.
“I am surprised that even some small, individual flats scattered across different buildings, are seeing really high occupancy rates.”
The firm we r urban, founded in 2016, is one of a number of small co-living space operators, targeting those looking for a stylish space on a limited budget.
Dominik Wiesent, a director of the operator, said: “I come from Switzerland, where houses are also very expensive. But after I saw 60 plus flats when I first arrived, I just could not find a suitable one – they were either too expensive or in a condition that was hard to accept – mini, cubical-sized places with no furniture and shabby bathrooms are unacceptable.”
