Owl Square Defies Market Odds to Expand Residential Rental Space Market

HONG KONG SAR – Media
OutReach – 26 March 2021 – Owl Square has recently signed a
nearly 10-year lease for the entire building located at 20 Luard Road, Wanchai,
with a floor area of 22,300 square feet and an estimated leasable area of over
19,000 square feet.  The serviced apartment
in Wan Chai is designed to provide privacy, convenience, and safekeeping of your
belongings. Whether it’s the location of power outlets or USB ports, or the
doors opening to the left or right, these details matter. The company also have
a serviced apartment
in sheung wan that’s close to central to cater the needs of the corporate workforce
in terms of living and working in the heart of the city.

The current clientele of Owl Square’s coliving or serviced
apartment rental properties are mainly locals, expatriates, students, and
professionals. Since the property type provides a variety of types of rental
packages and offers flexible pricing model, the overall occupancy rate has
reached over 90% even under the impact of the epidemic.

Owl Square was founded in 2017 by
its founder, Max Poon, after raising nearly $100 million from a Hong Kong
listed company and Hong Kong famous families. With 14 serviced apartment
locations across Hong Kong Island and Kowloon, Owl Square offers nearly 2,000
beautifully decorated small to medium sized units with flexible leases, rent
inclusive of management fees, utilities, internet access and weekly
housekeeping and laundry services. In addition, Owl Square welcomes tenants
from all walks of life and offers affordable, comfortable, convenient and safe
housing to help solve housing problems for all types of residents. It is a fun
place for all residents to live, combining the comforts of home with the
elements of modern living.