SINGAPORE (EDGEPROP) - Local co-living operator Hmlet has added 80 new apartment rooms to its co-living properties in Singapore. The new properties are in the iconic Tiong Bahru neighbourhood, and the addition brings the company’s total presence here to 48 properties comprising more than 1,000 rooms.
The new properties include walk-up apartments and loft conversions, and collectively occupy 18,000 sq ft across seven locations, namely: Hoot Kiam Road, Zion Road, Tiong Bahru Road, Moh Guan Terrace, Chay Yan Street, Tiong Poh Road, and Guan Chuan Street. They feature studios, and one- and two-bedroom apartments that come with communal areas such as courtyards and kitchens.
“This latest venture will play a crucial role in the growth of Hmlet’s community, providing our members with greater flexibility and more housing options in close proximity to the CBD,” says Yoan Kamalski, CEO of Hmlet.
The move will bolster Hmlet’s presence in Tiong Bahru after it opened Hmlet Yong Siak and Hmlet Echelon last year. The company says it “continues its commitment to the local community through the redevelopment of heritage buildings”. Hmlet Cantonment at Tanjong Pagar is another heritage building the operator has converted into a co-living space.
Last July, Hmlet raised US$40 million in its Series B funding that was led by Burda Principal Investments. From its launch in 2016, the company now operates more than 100 properties in Singapore, Hong Kong, Australia, and Japan.
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