Reported 8 months ago
The 'Orange House Youth Hostel' in Wanhua, Taipei offers capsule accommodations at NT$6,000 per month, maintaining an occupancy rate of around 80%. Owner Weng Chong-yao stated that the space capsules have three main advantages - low rent, low deposit, and monthly contracts. The affordable prices and convenient living arrangements have attracted various tenants including young professionals, migrant workers, and retirees, seeking to save on expenses in the current high-priced housing market.
Source: YAHOO