kno wledge the hong kong colliers international topical research paper suite 4907 central plaza 18 harbour road wanchai tel 852 2828 9888 fax 9899 www com hongkong june 2003 market review serviced apartments are one of most popular choices for residential accommodation many corporate tenants who want to have an extended length stay from a few weeks period more than three months in compared with option taking standard two year lease non units or residing hotels flexible and cost effective especially expatriates working on medium term assignments terms available not only provides extra convenience setting up their business schedules but also value added services hospitality which rarely found quality flexibility made service attractive this is demonstrated by resilient rental performance apartment sector past years despite 2 decline rentals average