Turning one 3 bedroom apartment unit into 18 affordable rental units (Hong Kong)
original space is 1654 sqft for the above unit.
There are 17 units being converted to affordable rental units, for a total of 270 units for the project.
80sqft to 200 sqft per unit, rent is from c$1384-3257/month.
80sqft, no window c$1384/mo
80sqft with window c$1547/mo
luxury unit c$1791/mo
200sqft luxury unit c$3257/mo
rent include hydro, water, strata fee, wifi.
Affordable units to low income people, more income for developers, less headache in government, win-win-win.
edit: here is the link of the news
Reason: Title edit