Simple Life Expansion: Extending Business Scope to Simple Housing Rental and Management Services

SadMoneyMeow · 2026-03-24T00:27:45+00:00

Simple Life New Plan expanded its business scope and entered the real estate and "Simple House" rental market, acquiring a property for HK$5 million on March 17 as preparation for its strategic layout.

SadMoneyMeow

2026-03-24 00:27:45

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Guanfawang News: On March 23, Simple Living (08360.HK) announced that the group plans to invest more resources to seize opportunities in the property market.

To align with its strategy of expanding business scope, the group leverages its core expertise and capabilities in interior design, renovation, and maintenance services to extend into real estate and “Simple Living” rental and related management services (collectively referred to as “Simple Living Property Business”).

Since late 2024, the company has been implementing a property acquisition strategy, having purchased a residential property on Wen Yuan Street, Kowloon, Hong Kong, for HKD 5 million on March 17. The property has a practical area of 665 square feet, preparing for entry into the Simple Living rental market.

Disclaimer: The content and data of this article are compiled by Guanfawang based on publicly available information and do not constitute investment advice. Please verify before use.

(Edited by: Guo Jiandong)

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