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These articles below can also be found in the June 2009 issue of Serviced Apartment Guide:

Serviced Apartment Guide

Contents:
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Forget  the  beige-and-bland  interiors  that  initially dominated the serviced-apartment sector – the industry is now focused on high-end design

 


 

Amid  ierce  and  increased competition,  the  serviced-apartment  industry  has  entered a  new  era,  one  dominated  by the  need  for  uber-chic  design. Today, operators  that  lack lair  in  the design of their properties risk being shunned by seasoned clients who ask a lot from their home away from home. Would-be  residents  are  on  the  look  out for  high-design  accommodation  with  a  unique sense of  style, and Hong Kong operators have cottoned on to this trend fast.

“The Putman would be a great example to show what really works in terms of design excellence. The  apartments,  created  by  famous  French designer,  Andrée  Putman,  made  the  project itself so well known that it successfully drew the attention of its clients,” says Sdever Li, associate director  (projects),  residential  leasing,  Savills Hong Kong. Launched in May 2007, it took the Putman just ive months to attain a 100 percent occupancy rate, with a waiting list. Additionally, the monthly  rental was as high as HK$68,000 for upper loor units, reaching an optimum rental level in Central at the time.

Of course it’s not just Madame Putman (known for  her  opulent monochromatic  interiors) who has a presence in Hong Kong; numerous local operators  have  worked  with  international designers  in  their  bid  to  set  their  properties apart. While  Parisian  designer  Dillon  Garris oversees  the  interiors  at  CHI  Residences,  JIA boutique  hotel,  designed  by  the  one-and-only  Philippe  Starck  also  deserves  a  special mention. While not strictly a serviced-apartment property,  JIA  offers  monthly  rates  and  the Starck-styled  suites,  along  with  the  services and facilities on offer, put it on a par with the very best serviced providers.

Locally of  course,  serviced-apartment operators are also hiring the crème de la crème of the Hong Kong design world in order to come up with an appealing  signature  style. Ultimately,  everyone wants  their  property  to  win  Best  in  Design  at the  annual  Hong  Kong  Designers  Association (HKDA) awards.

It’s clear that offering a superior accommodation solution to long-stay guests takes more than just attention to facilities, services and even comfort. Serviced apartments  tend  to be patronised by the younger, or at  least hipper, executive and the accommodation provided must at  the  very least match up  to what he or she  is used  to at home.  It  goes  without  saying  that  apartments need to be spacious and light illed, but decor highlights  like  automated  skylights,  walk-in closets,  concealed  light  sources,  sunken  tubs and original artwork may also be required.  

In  coming  up  with  ultra-slick  interiors  for  the sophisticated  urban  professional,  serviced-apartment designers are ensuring that a fashion-forward  decor  is  enhanced  by  thoughtful  in-room  provisioning.  So-called  personal  touches might  include  Simmons  mattresses  and  Frette bed linen, Le Creuset cookware and Nespresso coffee  makers,  Kiehl  toiletries  and  yoga  mats. Importantly  not  just  any  surround-sound  system will do, it needs to be by Bang and Olufsen or at the very least, Bose.

It  seems  that  serviced-apartment  operators are  increasing  using  the  design  style  of  their properties  as  a  selling  point.  Popular  designs embrace  fusion  (the  latest  take  on  East-meets-West)  and  are  presented  in  the  form  of  either a  city-slick  loft  or  spa-inspired  urban  retreat. With a  themed service apartment, guests know what  they  can  expect  –  and  if  extras  like  10-foot ceilings, podium gardens or heated rooftop pools are thrown in, so much the better.

The green  revolution has also hit  the  serviced-apartment  sector  with  eco-operators  hoping to  appeal  to  potential  residents’  consciences as well as  their sense of style. A property,  like Home2Home,  designed  with  nature  in  mind, might  feature  engineered  bamboo  looring, tumbled marble mosaics (recycled from marble waste  and  off  cuts),  ultra-low  energy  LED lighting  systems  and  perhaps  even  a  green (planted) roof.

In Hong Kong and  internationally, hot serviced-apartment  properties  come  in  all  shapes  and sizes. Ultimately, dreaming  up  the  right design style and attracting clients with more than just a fad or gimmick is the secret to long-term success and survival in this industry.

 

 

Reliance on style

 

International Real Estate Network