Hong Kong earmarks Kai Tak site among 3 plots for private student hostel projects

Hong Kong authorities have designated three commercial sites, including a prime location in Kai Tak, for potential development of private tertiary student hostels. The Development Bureau will gauge market interest in the sites, located in Kai Tak, Siu Lek Yuen, and Tung Chung East, with possible land sales via open tender starting in the 2026-27 financial year. This initiative addresses the increasing demand for student housing, driven by a growing number of non-local students. While university hostel capacity has increased to approximately 40,600 places, it hasn't kept pace with the rising student population, which includes over 26,000 non-local students. The government aims to bridge the gap between supply and demand, especially with the increased quota for non-local student enrollment.

Explore how the topics in this article connect to other news stories