Ascott secures first 3 properties under co-living brand lyf

Singapore

CAPITALAND's serviced residence unit, The Ascott, said on Thursday it has secured contracts to manage its first three properties under lyf, its latest brand and co-living concept.

The properties are located in its two key markets, China and Singapore.

They are the 112-unit lyf Wu Tong Island Shenzhen (which will open in the first half of 2018); the 120-unit lyf DDA Dalian (scheduled to open in end-2018); and the 240-unit lyf Farrer Park Singapore (the biggest of the three ly…