SINGAPORE (EDGEPROP) - The Ascott, CapitaLand Investment’s wholly owned lodging business unit, has launched lyf one-north Singapore, its first co-living property in the business park.

Read also: Ascott opening 17 lyf co-living properties by 2025

The seven-storey lyf one-north Singapore comprises two towers connected via link bridge, and has a total of 324 units.

The co-living property is a two-minute walk from the one-north MRT Station, and a 15-minute drive away from the CBD.

Designed by local architecture firm WOHA, lyf one-north Singapore will have a range of social spaces and facilities aimed at promoting “bonding, wellness and community building”, Ascott states in a Jan 24 press release.

The property is the second lyf-branded co-living property in Singapore, following the opening of lyf Funan Singapore in 2019. Another lyf co-living property, lyf Farrer Park Singapore, is slated to open in February.

Globally, Ascott has 18 lyf properties with over 3,300 units in 14 cities across nine countries. These include six lyf properties that are scheduled to open in Bangkok, Cebu, Kuala Lumpur, Melbourne, Shanghai and Xi’an this year.