In Hong Kong, it is now possible to rent stylish dorm rooms that features contemporary designs and upgraded facilities.
These dorm rooms depart from traditional student housing and provide school-goers a modern, luxurious escape from the books. Built in Hong Kong's Tsuen Wan district, the 48-room structure is in close proximity to nearby universities.
Each bed will be put up for rent, but each space will be shared by a few students. The amenities include a bathroom, a kitchen and a living room, all of which are far more luxurious than what is provided in typical dorm rooms. The building resembles a hotel and has other features including a gym, a swimming pool and a terrace.
The space is catered towards international students, and it is more than likely that it will attract many.
What Makes This Trend Stand Out
- Luxury Student Housing
- Opportunity to disrupt the traditional student housing market by providing upscale living spaces for students
- Shared Student Spaces
- Innovative approach to shared living spaces for students by bringing luxury amenities and facilities such as gyms and pools
- International Student Housing
- Providing luxurious accommodations for international students can create a new niche market in the student housing industry.
Sectors Adopting This
- Real Estate
- Opportunity for real estate developers to invest in upscale student housing model, especially in cities with large student populations
- Hospitality
- Hotels can explore the opportunity to convert unused spaces into upscale student housing to cater to the growing international student market
- Education
- Private universities can innovate and differentiate themselves by providing luxurious housing for students as part of their overall educational experience
