A NEW serviced residence brand will make its debut in Hong Kong with the opening of Vega Suites, Tseung Kwan O in 4Q2012.

To be managed by the InterContinental Hotels Group and owned by local real estate developer Sun Hung Kai Properties, the 176-key property will offer a mix of studio, one- and two-bedroom suites, to be leased out for a minimum term of three months.

Sitting atop Tseung Kwan O MTR Station, Vega Suites will form part of the developer’s The Wings mixed-use residential project in Kowloon East, alongside the 350-key Crowne Plaza, Hong Kong, Kowloon East and the 300-key Holiday Inn Express Hong Kong, Kowloon East.

Guests staying in the Crowne Plaza and Vega Suites will have access to a spa and swimming pool, as well as three restaurants and a rooftop bar.

When completed, the Crowne Plaza will also feature the largest ballroom in Hong Kong, with a maximum capacity of 88 tables (1,056 pax).