学生生活重温2025年11月

Introduction Hong Kong has firmly established itself as a leadinginternational education hub, with five of its universitiesranked among Asia’s top 20 in 2025—making it the onlycity in the world to host five institutions within the globaltop 100. Its strong academic reputation has led to a growing Demand-driven MarketAn additional intake of 18,400 non-local students was allocated for the 2024/25 academic year compared withthe previous year. Of this, UGC-funded undergraduatenon-local enrollments increased by 2,405, as the admission Conversion Opportunities for InvestorsIn July 2025, the “Hostels in the City Scheme” was Collaborative Efforts by Universitiesand Government introduced to encourage private sector participation inconverting existing commercial buildings into studentaccommodation. This initiative, coupled with the strong The government raised the quota for non-local studentadmissions to actively attract a greater number of youngscholars to the city. Furthermore, the ImmigrationArrangements for Non-local Graduates (IANG) allows Current State of Student In Hong Kong, there is a wide variety of housing choices available for students, catering to different requirements and needs. a safe and enriching living environment for students.However, On-campus University Halls of Residence arein short supply and cannot meet the high demand, hence Table 1 analyses different types of student accommodationin Hong Kong. On-Campus University Halls of Residenceare popular among students due to their on or near campus Hostels in the City Scheme: The Development Bureau (DEVB) and Education Bureau(EDB) launched the Hostels in the City Scheme in July 2025to address the acute shortage of student accommodationin Hong Kong, as announced in the Chief Executive’s 2024Policy Address. The Scheme streamlines planning, land, However, despite the introduction of this scheme,issues such as the necessity for structural renovations,adherence to regulations, and amenity standards mayresult in increased conversion expenses and delayedexecution. Nevertheless, converting hotels remains the Resilient Demand for Higher Educationand Positive Impact of 2025 Policy Universities funded by the UniversityGrants Committees (UGC) and otherpost-secondary education institutionsare expanding capacity to accommodatemore non-local students, with 2025 Policy AddressTo support the post-secondary education to continuously expand capacity and enhance quality,starting from the 2026/27 academic year, the Governmentwill raise the enrolment ceiling for self-financing Although the admission quotas have been increasedfor both self-financing non-local undergraduates andresearch taught postgraduates, the annual increasein enrolment for each of these categories remainsconsiderably less than that of self-financing non-localpostgraduates.Self-financing non-local postgraduate Supply & Demand Gap As of the 2024/25 academic year, the total supplyof student hostel beds—comprising both existing andplanned beds stands at approximately 57,335. However, In reality, the bed deficit is even larger, as manyinstitutions reserve a portion of hostel capacity for localstudents. This structural imbalance between supply and The magnitude of this demand-supply mismatchpresents a compelling opportunity for private sectorinvestment and operational partnerships. With non-local 2024/2025 Hotel Investment Overview In line with the Chief Executive’s 2024 Policy Address,which prioritises the promotion of the “Study in Hong Kong”brand, there has been a noticeable trend of repurposing Hong Kong, Hong Kong Baptist University, and HongKong Metropolitan University. One of these transactions Year-to-date, six different residential buildings and hotelswere sold totalling more than 1,000 rooms with potential forconversion. The total investment consideration for potential In 2024, Hung Hom witnessed three significant propertytransactions, highlighting its increasing attractiveness •Leasing demand around Sai Wanis exceptionally strong due toThe University of Hong Kong •Private student housingoperators should target self-financing postgraduate studentsfrom Chinese mainland, as they •Private student housing in theKowloon area offers convenienttransportation and is well- Successful Case of a Hotel-StudentAccommodation Conversion From Popway Hotel to One Pace 117 June 2025Being the flagship project of the CampusOne brand,it was renovated witha capital expenditureof HK$20 million and July 2024Centaline Investment acquired Popway Hotel forHK$180 million, averaging 2015 Aug 2025One Pace 117 reached 98% May 2025Centaline Investment launched CampusOne Communities,a platform aims at providing Popway Hotel waslisted on the marketasking HK$380 million. Centaline Group’s One Pace 117, launched under itsCampusOne Communities platform, marks a strategic entryinto Hong Kong’s growing student housing market, targetingthe influx of non-local students. Located in Tsim Sha Tsui,th