In 2015, with the full-scale advancement of institutional innovation in China's Pilot Free Trade Zones, Shanghai, as one of China’s most important economic hubs, further elevated its global influence. Sustained economic growth attracted a large influx of domestic and foreign investment, driving industrial upgrading and innovation. Meanwhile, a growing number of outstanding talents from home and abroad flocked to Shanghai, creating an urgent demand for high-quality serviced apartments that meet international standards to cater to their residential and professional needs. Against this backdrop, the Stanford Residences brand came into being. Upholding the tenet of pursuing exquisite craftsmanship and superior quality inherent to the established Hong Kong enterprise, it officially entered the market. In March of the same year, Stanford Residences Jing’an, the brand’s first high-quality serviced apartment project to open in Shanghai, garnered extensive market attention upon its launch. By the end of 2016, the project’s occupancy rate had soared to an impressive 90%. Leveraging its precise judgment of Shanghai’s high-end serviced apartment market, Stanford Residences continued to expand its market layout steadily. In June 2017, Stanford Residences Xuhui was officially put into operation.
In 2025, the first high-quality serviced apartment of Stanford Residences will mark its 10th anniversary of opening. Over the past decade, Stanford Residences has always upheld its mission of "Co-creating a Better Future with the City", forged ahead with perseverance, blazed new trails in innovation, and been committed to providing a comfortable living environment for talents to empower urban development.
Backed by rich experience in high-end real estate development, consistent property back-office support and an international hotel management team, the Stanford Residences brand has maintained an excellent reputation among peer products and won numerous awards both at home and abroad. The brand itself, along with Stanford Residences Jing’an and Stanford Residences Xuhui, has been a frequent winner at major industry award ceremonies including the World Travel Awards, China Culture & Tourism Star Awards, China Hotel Golden Pillow Awards and Voyage Hotel Awards, a testament to its outstanding service quality.
At this important milestone of its 10th anniversary, Stanford Residences will continue to empower new productive forces with its new-quality service capabilities. Adhering to meticulous international service standards, it will support the development of Shanghai as an international metropolis and drive the elevation of service standards across the serviced apartment industry. Boasting prime locations and a comprehensive range of hardware and software amenities, Stanford Residences showcases Shanghai’s prosperous economy and vibrant urban vibe to the world, and multi-dimensionally presents the allure of this global metropolis through high-quality living experiences for its residents.
In 2024, the occupancy rates of Stanford Residences Jing’an and Stanford Residences Xuhui, the two premium serviced apartments under the Stanford Residences brand, both remained above 90%. Regardless of market fluctuations, Stanford Residences has always retained a stable base of high-quality long-term clients. Many tenants have stood by the brand’s growth for the entire decade since the properties first opened, witnessing every step of its evolution. They are not only firsthand experiencers of Stanford Residences’ brand philosophy “Cherish a Joyful Life, Savor an Exquisite Lifestyle”, but also fellow contributors to Shanghai’s urban development.
Building on its proven expertise in the development, operation and management of serviced apartment projects in Shanghai, Stanford Residences will continue to focus on Shanghai in the future, with the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area as its core hubs, and actively pursue cooperation and development opportunities. Meanwhile, Stanford Residences has always regarded social responsibility as a vital mission of its corporate development. Through continuously upgraded hardware and software supporting services, it creates inspiring visions and tangible experiences of a better life for families relocating to new cities, retains the best international talents by providing them with a secure and comfortable living environment, and empowers the high-speed and high-quality development of cities.
Source: China Daily Chinese Website