Parkwood: Transforming Tai Po into Affordable Student Housing for CUHK

In Hong Kong, student housing demand continues to rise, while affordable options remain limited. In light of this, Henderson Land converted Parkwood in Tai Po into student accommodation in partnership with CUHK to launch its first off-campus student hostel. By repurposing existing residential inventory through our “sale-to-rent” model, the project solves the pressing issue of housing shortages for students in the area.

The conversion focuses first on affordability and choice. Parkwood offers double, triple and quadruple rooms, with rents under HK$6,000 per bed per month, helping students find options that match different budgets and living preferences. The programme provides 1- year lease terms, with upfront costs comprising a deposit and prepayment, offering a clear and predictable rental arrangement for students planning their academic year.

To make moving in simple and day-to-day living functional, each unit comes equipped with essential furnishings, including desks, wardrobes, an open kitchen and a bathroom. The project provides Wi-Fi, and offers both private and shared room options to suit different study habits and privacy needs.

Beyond the unit itself, Parkwood extends the student experience into shared spaces designed for the younger generation. A modern vintage design runs through the project, complemented by a glamping themed clubhouse featuring a retro caravan, BBQ areas, study kiosks, a gym and social lounges. These spaces encourage both wellbeing and connection, support healthy study routines, energetic lifestyles and community building beyond the classroom.

By creating affordable living spaces for over 300 students, Parkwood is an example of how Henderson Land responds to social needs with tangible, scalable solutions, enhancing student experience while contributing to broader societal well-being.