Since the publication of Cushman & Wakefield’s June 2023 report Hong Kong Talent Housing: A New Niche Sector, the firm has been receiving sustained enquiries from Hong Kong’s commercial real estate industry, and the real estate investment market as a whole, around the talent housing and rental housing sector in Hong Kong. It is exciting to see the return of interest from institutional investors and real estate funds in the student housing sector. This renewed enthusiasm underscores growing recognition of the potential and the opportunities within this emerging asset category in the city.
In his latest policy address, Hong Kong Chief Executive John Lee reiterated the importance of attracting and retaining talent to maintain Hong Kong's competitive edge. With the number of non-local students expected to grow, the demand for diverse housing solutions is on the rise. According to our latest forecast, the shortfall of non-local university student beds could exceed more than 47,000 in the future. The limited availability of on-campus housing, coupled with high living costs in the private residential market, have spurred the development of student housing in the private sector.
Building on the insights from our previous report, we will now drill deeper into the latest student housing demand-supply dynamics in Hong Kong. This new report examines the latest government policies aimed at expanding non-local student numbers, provides an updated overview of the public and private-led student housing landscape, and assesses the investment opportunities within this burgeoning sector.
Please click here to access the full report.
