• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

    GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

    Sunway University Proudly Advancing Malaysia’s Higher Education

    Sunway University Proudly Advancing Malaysia’s Higher Education

    Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

    Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

    Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

    Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

    B2B Stablecoin Payments Surge 30x to $3 Billion Monthly Volume in 2025

    B2B Stablecoin Payments Surge 30x to $3 Billion Monthly Volume in 2025

    Eddid Financial and EXIO Limited Forge Strategic Partnership To Drive Virtual Asset Market Growth

    Eddid Financial and EXIO Limited Forge Strategic Partnership To Drive Virtual Asset Market Growth

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Medisafe Scandal Deepens as HK Institutions Deny Outsourcing, Despite Contradictory Interview, Vendor Evidence and Whistleblower Claims

    Geneva Invention Awards Respond to Medisafe Scandal: ‘We Will Engage Our Own Panel to Determine Any Action’

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

    GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

    Sunway University Proudly Advancing Malaysia’s Higher Education

    Sunway University Proudly Advancing Malaysia’s Higher Education

    Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

    Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

    Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

    Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

    B2B Stablecoin Payments Surge 30x to $3 Billion Monthly Volume in 2025

    B2B Stablecoin Payments Surge 30x to $3 Billion Monthly Volume in 2025

    Eddid Financial and EXIO Limited Forge Strategic Partnership To Drive Virtual Asset Market Growth

    Eddid Financial and EXIO Limited Forge Strategic Partnership To Drive Virtual Asset Market Growth

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Medisafe Scandal Deepens as HK Institutions Deny Outsourcing, Despite Contradictory Interview, Vendor Evidence and Whistleblower Claims

    Geneva Invention Awards Respond to Medisafe Scandal: ‘We Will Engage Our Own Panel to Determine Any Action’

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Grade B and C offices ‘likely to join dorms scheme’

Purton L by Purton L
23 June 2025
in News
0
Grade B and C offices ‘likely to join dorms scheme’
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
The Development Bureau said on Monday it expects private grade B and C offices will likely join a pilot scheme that allows commercial buildings and hotels to be converted into student hostels much more quickly.

The bureau is proposing that the definition of hotels be expanded to cover student dormitories so that developers do not have to be put through any planning procedures should they wish to convert buildings into student hostels or construct dormitories on commercial sites.

Speaking on an RTHK radio programme, Permanent Secretary for Development Doris Ho said having the support facilities in place is a prerequisite for the SAR to better develop its “Study in Hong Kong” brand, which was first unveiled in last year’s Policy Address to attract more overseas students to study here.

“The industry told us that maybe there is a higher chance of grade B and C offices joining the scheme,” she said.

“We also looked at some figures – these two grades of offices have a vacancy rate of only about 10 percent in the past year.

“Therefore, if we have this scheme and they are willing to participate, it will allow commercial buildings that have not been fully utilised to be put to better use, and we think that’s worth supporting.”

The government, Ho said, will leave it up to the industry to decide whether medium- and low-cost hotels will participate in the scheme.

She said the SAR has sufficient hotel capacity to support tourism development for the time being.

This is because the occupancy rate for the 90,000 hotel rooms in Hong Kong stands at 80 to 90 percent, Ho said, and with the change in travel patterns, travellers do not necessarily stay overnight.

Under the scheme, the bureau also hopes to waive floor area requirements to offer developers greater flexibility.

For instance, Ho said, they can retain the area previously used as a covered parking lot to offload goods and convert them into facilities such as laundry, study and gym rooms.

She said the government has set neither a target on how many more student dormitories would be set up under the scheme nor a cap on the number of applications.

Metropolitan University vice president Charles Kwong welcomes the scheme.

As the bureau’s development projects facilitation office will be responsible for the scheme, he said, it will save a lot of time and costs as schools no longer have to liaise with government departments one by one when they are trying to convert buildings into hostels.

He believes institutions are not looking for Grade A private offices for conversion.

Instead, vacant buildings located in preferred areas will be more suitable as schools can follow through with the conversion with better time control, Kwong added.

The scheme will start accepting applications in the middle of next month.

Tags: Hong Konglocal
Purton L

Purton L

Read More

GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

23 June 2025
Sunway University Proudly Advancing Malaysia’s Higher Education

Sunway University Proudly Advancing Malaysia’s Higher Education

23 June 2025
  • Trending
  • Comments
  • Latest

Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

16 June 2025

Medisafe Scandal Deepens as HK Institutions Deny Outsourcing, Despite Contradictory Interview, Vendor Evidence and Whistleblower Claims

22 June 2025

Geneva Invention Awards Respond to Medisafe Scandal: ‘We Will Engage Our Own Panel to Determine Any Action’

18 June 2025
Hasten Accelerates Asia-Pacific Expansion with Successful MAT Transfers of 11 Products

Hasten Accelerates Asia-Pacific Expansion with Successful MAT Transfers of 11 Products

16 June 2025
GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

23 June 2025
Sunway University Proudly Advancing Malaysia’s Higher Education

Sunway University Proudly Advancing Malaysia’s Higher Education

23 June 2025
Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

23 June 2025
Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

23 June 2025

Recent News

GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

23 June 2025
Sunway University Proudly Advancing Malaysia’s Higher Education

Sunway University Proudly Advancing Malaysia’s Higher Education

23 June 2025
Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

Alstom delivers automated people mover system to MAHB for Kuala Lumpur International Airport (KLIA)

23 June 2025
Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

Tronsmart’s Fiitune X30: Next-Generation Home Speaker with Spatial Audio in High Fidelity

23 June 2025
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com