Coliving Lifestyle in Hong Kong

2019-02-12

There’s no doubt Hong Kong is a special city,whether in terms of humanities, resources or geography. Coliving, without anexception definitely, has developed into a unique lifestyle in Hong Kong. Thecoliving model in foreign countries is very different from that of Hong Kong.

In the macro sense, the typical problems confrontedby the foreign countries are that the rental vacancy rate is too high. However,the reasons behind it may be very different. Some are due to the imbalance ofsupply and demand; Some are because the buildings are too old and cannot attracttenants at all. However, the situation is totally different in Hong Kong. “Smallland, High population”, coupled with the bubbles, make it difficult for the youngstersto find a place to live. Therefore, it is almost an extravagant talk toimplement foreignlike coliving in Hong Kong, let alone changing the fierceproperty market environment in Hong Kong.

We can't change the property market in Hong Kong.We can't make the illegal subdivided housing disappear. We are not landlords,real estate developers, nor the government, and we cannot change all thehardware. We, as a group of passionate organisers, want to promote the conceptof coliving, not only to provide a new rental option, but also through the facilities- discounts, regular events, and smart information on daily life, etc., so thatwhat you get is not just a place to live, but a real life. It is hoped thatwith more and more people wanting to live in a coliving model, the supplierswill react to the market demand, so that more landlords are willing to changethe existing rental hardware, decoration and facilities, and let youngergeneration in Hong Kong can afford a living.



share