The Business Times
business-time-50

Coliwoo eyes 10,000 rooms by 2030 as it gears up for SGX listing

The co-living space’s popularity has significantly contributed to its parent LHN’s net profit of S$14.1 million for the first half of FY2025 and was the primary revenue driver for the group in FY2024

Summarise
Navene Elangovan

Navene Elangovan

Published Mon, Sep 15, 2025 · 07:00 AM
阅读简体中文版 (beta)
    • Kelvin Lim, executive chairman of LHN, says that there is room for Coliwoo to expand in Singapore.
    • Kelvin Lim, executive chairman of LHN, says that there is room for Coliwoo to expand in Singapore. PHOTO: LHN

    [SINGAPORE] When his housemate at his Housing & Development Board (HDB) rental unit returned to Vietnam in 2021, Simon Nguyen, also Vietnamese, began searching for a new place to live.

    The 35-year-old software engineer decided to try Coliwoo, drawn by its all-inclusive rentals and fully fitted rooms.

    “I realised if I rent a whole HDB unit, it is a bit expensive and... hard to maintain. So I decided to try Coliwoo out because the concept was new,” said Nguyen, referring to how the rental cost covers utilities, maintenance and Internet in a single payment.

    lhn limitedCo-living

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    HDB said the listed price of S$2.18 million for the flat at 93B Telok Blangah Street 31 was “significantly higher” than comparable transactions in the area.

    HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    The judge also rejected Radiant World’s argument that a claim against Glencore for about US$2 billion should be regarded as a “realisable asset”.

    Singapore judge raises doubts iron ore trader Radiant World is owed US$1 billion

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More