[Owl Square purchased old building on Ma Tau Wai Road and plans to turn into student apartment]
Owl Square founder Max Poon and related parties purchased the entire residential property at No.96 Ma Tau Wai Road for nearly HK$26 million. The property is surrounded by complete supporting facilities and is close to the Metropolitan University and the Polytechnic University. It is suitable for the development of co-living business and student apartments. The rental return rate is expected to reach 12%.
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