Operators of shared living spaces in Hong Kong have slashed their monthly rates by as much as 50 per cent as they navigate a new normal of social distancing and people avoiding large crowds amid the Covid-19 pandemic.“We offer 30 to 50 per cent discounts for our units in different locations,” said Zeta Yung, co-founder at The Cube Group that operates about 80 units in five locations on Hong Kong Island and in Kowloon.The occupancy rate at Cube’s properties had dropped to half in February after…
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