Hong Kong tests student housing land sales as office market slowdown curbs tenders
AdvertisementHong Kong propertyBusinessHong Kong tests student housing land sales as office market slowdown curbs tendersGovernment invites interest in three sites for student hostels, signalling a shift from office sites to education-focused development
Reading Time:2 minutesWhy you can trust SCMPPeggy YePublished: 2:00pm, 22 Jan 2026Hong Kong is testing purpose-built student housing as an alternative land-sale model, as weak demand for commercial sites pushes the government to explore uses that can still attract investor interest.The Development Bureau on Tuesday invited expressions of interest (EOI) for student hostel development on three commercially zoned sites in Kai Tak, Siu Lek Yuen in Sha Tin, and Tung Chung East, marking the first time the government had proposed selling land through open tender with use restricted exclusively to student accommodation.
The move comes after the government effectively halted commercial land sales due to high office vacancy rates and ample exist..
