Hmlet Austin Avenue, a co-living facility in Tsim Sha Tsui, opened recently. Photo: Handout
Hmlet Austin Avenue, a co-living facility in Tsim Sha Tsui, opened recently. Photo: Handout

Hong Kong co-living operators endure Covid-19 hit, invest in capacity while awaiting open borders, end of quarantine

  • Rents for co-living units have declined by as much as a quarter over the last three years, with occupancy rates stuck at 60 per cent since last year, analysts say
  • Operators remain optimistic about the sector and are expanding capacity both locally and overseas

Hmlet Austin Avenue, a co-living facility in Tsim Sha Tsui, opened recently. Photo: Handout
Hmlet Austin Avenue, a co-living facility in Tsim Sha Tsui, opened recently. Photo: Handout
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