It was an honour to attend the SIP Stakeholders Gathering on 4th November. Our Founder and Managing Director, Miss Venny Chan, was thrilled to be given an opportunity to share her valuable experiences about Contented Living. It was also a pleasure to meet and connect with many prestigious business owners and exchange our knowledge in different aspects. Thank you Social Impact Partners Limited, we had a wonderful time!
Hong Kong, 3 October 2022 – Social Impact Partners (“SIP”) announces its investment of a HK$1.5 million loan to Contented Living Limited (“CLL”), a company providing affordable housing in Hong Kong.
Contented Living Limited is a co-living accommodation provider since 2012, serving nonlocal university students and young professionals who face budget concerns in the high residential rental cost in Hong Kong. By re-utilized the wasted space of vacant or run-down old buildings, CLL helped to increase the housing supply, and provide safe and affordable space for youths. With CLL’s professional management, they can extend the life of furniture and large electrical appliances to 5 years or more. CLL has built a reputation over the years and it is a listed accommodation supplier of The Hong Kong Polytechnic University, City University of Hong Kong, Hong Kong Baptist University, The University of Hong Kong, The Chinese University of Hong Kong, and The Hong Kong Academy for Performing Arts.
Other than master leasing vacant buildings and renting to youth, CLL also provides property and leasing management services. Currently, CLL is managing student accommodation for Metropolitan University.
With support from SIP, CLL plans to increase the number of buildings and beds so that more youth could be benefited.
Special thanks to Charltons, Egon Zehnder, and PwC, who helped to prepare comprehensive due diligence which helped support our investment decision.
Are you looking to study or work abroad? IELTS is the main requirement for international study, migration or work. If you are looking for some great tips for score good grades in your IELTS, look no further! Cascade is sharing a few tips and tricks to help you improve your English from the comfort of your home.
To learn more about the IELTS course, you can liaise with Cascade Train Teach Learn via email ([email protected]). They provide a variety of lessons including face-to-face lessons as well as past year papers with feedback from the expertise to improve your English. All the best!
As the number of COVID cases are rising, Contented Living will be helping the tenants to order some rapid test kit.
Stay safe, everyone!
