Serviced Apartment

Investors snap up serviced apartments in Dubai hotel boom

Apartment tower blocks have sprouted along the Jumeirah beach district in Dubai. Photo: Reuters

It took Damac Properties just one day to sell the first 200 apartments in its Hollywood-themed apartment and hotel project as buyers seized the opportunity to invest in Dubai's booming tourism market.

Wednesday, 8 May, 2013, 2:33am

Operators add helpful touches

A bedroom of an Ovolo serviced apartment in Hollywood Road, Hong Kong.

With the choice of serviced apartments in Hong Kong steadily on the rise, established operators are responding to the competition with upgrades, enhanced services and a variety of value-added extras.

23 Nov 2012 - 3:14am

Home at last

CHI Residences offers breathtaking views of the harbour.

Free-spirited travellers looking for a different kind of city stay are finding that serviced apartments offer a great alternative to the usual hotel options.

3 Dec 2012 - 2:27pm

Savills moves into China's serviced flat sector with Pudong deal

Global real estate adviser Savills has entered the mainland's fast-growing serviced flat sector and is looking to manage 20 properties across the nation by 2016.

"China's serviced residency market is one of the strongest in Asia, with Beijing and Shanghai seeing the most robust demand," said Neil Harvey, Savills' residence director.

20 Oct 2012 - 2:35am

Li Ka-shing's Cheung Kong to list serviced-flat investment trust

Horizon Hospitality, which owns the Harbourfront Horizon, wants to list stapled units on the HKEx main board. Photo: Felix Wong

Li Ka-shing's property flagship, Cheung Kong (Holdings), plans to list its serviced-apartment business in an investment trust offering that could raise up to US$800 million, people with direct knowledge of the plan say.

14 Oct 2012 - 1:04pm

An eco-friendly lifestyle

Gateway Apartments use LED light bulbs.

Showering instead of taking baths and minimising the use of air conditioners are a few of the things we can do at home to protect our planet. Some serviced apartments are also adopting green measures to help residents reduce their carbon footprints.

Located in the heart of Tsim Sha Tsui, Gateway Apartments has a 200-square-metre solar panel system.

21 Sep 2012 - 11:08am


Chengdu office tower to be ready in 2014

25 Jul 2012 - 12:00am

Creative designs for modern lifestyles

Companies go to great lengths to achieve the right look and feel for serviced apartment interiors, with a view to combining style, function and the best possible use of space. In doing this, the guiding principle may be to adopt a distinct design theme and palette throughout, or allow for greater flexibility and individual choice.

13 Jul 2012 - 12:00am

Firms expand their horizons

When choosing suitable locations for new serviced apartments, operators are increasingly looking for sites beyond Hong Kong's traditional core areas.

13 Jul 2012 - 12:00am

Ovolo brings a touch Japanese to the heart of Central with its KplusK-designed boutique hotel

Ovolo Group is venturing beyond serviced apartments and has just opened its latest boutique hotel at 286 Queen's Road Central. The hotel, in Sheung Wan and named after its address, is the result of a renovation of serviced apartments owned by the group.

6 Jun 2012 - 12:00am

Warm welcome for visitors

Serviced apartments in Chengdu are welcoming more international players. In 2007, the Shangri-La Hotel Chengdu entered the market with 26 serviced residences. Since then, international operators have provided more modern and stylish options.

The Oakwood Residence Funder Chengdu held a soft opening in May last year and has now completed all its 237 apartments and facilities.

25 Apr 2012 - 12:00am

Constant upgrades keep tenants happy

Whatever their main target market, serviced apartment providers know competition for tenants is likely to heat up in the months ahead. This makes it essential to keep upgrading standard amenities - appliances, entertainment systems and fittings - but also to come up with new attractions and incentives.

23 Mar 2012 - 12:00am

Home comforts make all the difference for expats

It's a long way from Sydney to Beijing, and we're not just talking flying time. When you're an expat posted far away from home, the living environment matters. It's exciting to immerse yourself in your adopted home's culture and lifestyle, but a few familiarities are also nice.

14 Oct 2011 - 12:00am

District stands tall

Two towering skyscrapers are rising in Dalian in a massive residential-hotel-commercial development that will transform the central Zhongshan district, the city's central business district, which is also known as Qingniwa Bridge.

11 Oct 2011 - 12:00am

Lessons in maximising the use of your space

When CHI International executive director Pilar Morais considers taking on a new serviced-apartment project, whether it involves building from scratch or refitting an existing building, she usually has one main concern.

28 Sep 2011 - 12:00am