Coliving operator Hmlet launches five properties in Tokyo

By Valerie Kor / EdgeProp Singpaore | June 15, 2020 4:10 PM SGT
EDGEPROP SINGAPORE - The expansion will add 168 rooms to Hmlet’s portfolio (Photo: Hmlet)
The expansion will add 168 rooms to Hmlet’s portfolio (Photo: Hmlet)
SINGAPORE (EDGEPROP) - Co-living operator Hmlet has announced the launch of five new properties across Tokyo, which will add 168 rooms to its portfolio. The collection will consist of studios, one-bedroom and two-bedroom apartments that will come with common spaces.
This is done in partnership with Mitsubishi Estate Residence (MER), which has over 90 operating properties in the region. Japan is Hmlet’s fourth market after Singapore, Hong Kong and Sydney.
The apartments are located in Sengoku, Iwatomocho, Takadanobaba, Sangenjaya as well as Harajuku and are near subway stations. Monthly rental starts from JPY120,000 or $1,550 for a studio in Sengoku.
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The monthly rent prices are customisable to the user’s needs. Members can opt in for housekeeping and laundry services or choose not to include them. Furnishings, utilities and maintenance can be customised as well.
Yoan Kamalski, CEO of Hmlet, says that together with MER, the start-up plans to expand to 10,000 rooms in Tokyo, Yokohama, Osaka and other major cities.
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