{"id":110541,"date":"2019-09-06T12:10:27","date_gmt":"2019-09-06T05:10:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ascott-opens-largest-coliving-property-in-southeast-asia\/"},"modified":"2019-09-06T13:04:57","modified_gmt":"2019-09-06T06:04:57","slug":"ascott-opens-largest-coliving-property-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ascott-opens-largest-coliving-property-in-southeast-asia\/","title":{"rendered":"Ascott opens largest coliving property in Southeast Asia"},"content":{"rendered":"


\nlyf Funan Singapore offers 412 rooms across 279 apartments. It offers five interchangeable apartment types that range from 18 sq m to 105 sq m to accommodate singe, dual or group bookings.
\nThe Ascott Limited, the lodging business unit of CapitaLand, has opened lyf Funan Singapore \u2013 Southeast Asia\u2019s largest coliving property.
\nIn an SGX filing, Ascott revealed that it is also the first property under its new \u2018lyf\u2019 coliving brand that is managed by millennials for the millennials and millennial-minded.
\nWith a gross floor area of 121,000 sq ft, lyf Funan Singapore offers 412 rooms across 279 apartments. It is located within Singapore\u2019s civic and cultural district and is connected via a sheltered underground walkway to the City Hall MRT interchange.
\nThe nine-storey coliving property is part of CapitaLand\u2019s Funan integrated development, which also features a mall and two office blocks.
\nIt offers five interchangeable apartment types that range from 18 sq m to 105 sq m to accommodate singe, dual or group bookings.
\nThese include One of a Kind, a studio unit measuring 18 sq m; Two of a Kind (43 sq m), which comes with two private rooms and a shared kitchenette; and the All Together apartments (41 sq m to 105 sq m), which is ideal for groups of up to nine individuals.
\n\u201cMillennial and millennial-minded travellers can look forward to a dynamic live-work-play experience given the collaborative spaces, social programmes and strategic location of lyf Funan Singapore,\u201d said Mindy Teo, Ascott\u2019s deputy managing director of lyf.
\nShe noted that the booming millennial segment, which is the fastest-growing travel demographic, already forms a quarter of Ascott\u2019s customer base and is expected to grow.
\nWith this, she revealed plans to open seven more lyf properties in Bangkok, Kuala Lumpur, Fukuoka, Singapore, Shanghai and Cebu by 2022.
\n\u201cBesides the countries where we have lyf, we are exploring to introduce lyf, via investment, management contracts or leases, to key gateway cities in Australia, France, Germany, Indonesia, Netherlands, South Korea and the United Kingdom,\u201d she added.
\nWhile you\u2019re here,\u00a0read our handy property\u00a0buying guides\u00a0to help you own a property. Our check out our\u00a0property listings\u00a0to find your dream home.\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Ascott opens largest coliving property in Southeast Asia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

lyf Funan Singapore offers 412 rooms across 279 apartments. 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Source: CapitaLand Singapore-based CapitaLand is on track to complete its first integrated development in Indonesia, The Stature Jakarta, by end 2020. With a total gross floor area of around 55,500 sq m, The Stature Jakarta comprises a 29-storey luxury residential tower called Stature\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-profit-up-28-1-in-q3\/","url_meta":{"origin":110541,"position":4},"title":"CapitaLand profit up 28.1% in Q3","date":"November 8, 2017","format":false,"excerpt":"\r Funan Mall redevelopment that cost $560m, targeted to be completed in Q4 of 2019. (Photo: Capitaland) CapitaLand saw its net profit for the third quarter of 2017 increase 28.1 percent to $317 million from $247.5 million over the same period last year. It attributed the hike primarily to fair\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ascott-to-open-serviced-apartment-in-one-north\/","url_meta":{"origin":110541,"position":5},"title":"Ascott to open serviced apartment in one-north","date":"March 7, 2016","format":false,"excerpt":"\r Citadines Fusionopolis Singapore. (Photo: JTC) Serviced residence owner-operator The Ascott Limited has secured a serviced apartment at one-north business park through a lease awarded by JTC Corporation. The 50-unit property is currently operating and will be rebranded to Citadines Fusionopolis Singapore from 1 April 2016. \u201cWith its choice location\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110541"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110541"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}