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Serviced residences

The Singapore-based group is looking at monthly rentals of about S$7,500 to S$8,000 for the apartments in the proposed 18-storey project.

SINGAPORE PROPERTY

Royal Group plans long-stay serviced apartment project in Claymore Road

The development, costing about S$185 million to S$190 million, will yield about 100 apartments

The 16-storey Capri by Fraser China Square opened in 2019.

SINGAPORE PROPERTY

BlackRock evaluating S$330m hotel purchase in Singapore CBD, Chinatown area

The price for Capri by Fraser China Square is expected to be about S$330 million; the hotel is on a long lease with a balance of about 69.5 years

Frasers Hospitality's expansion will be led by a new flagship Fraser Suites in Bangkok (above), which is opening end-2026.

Frasers Hospitality to open 18 new serviced and hotel residences across Asia by 2028

Demand continues to be supported by increased cross-border mobility, longer average stays and evolving work-travel patterns

The fit-out is expected to commence in May, with completion targeted for the first half of 2027.

Punggol Digital District hotel site awarded for S$43.5 million to entity linked to Yeo Hiap Seng family scion

The project will feature a 224-key hotel and serviced residence development

Coliwoo is offering the option to purchase the assets individually, or acquire the entire portfolio.

LHN’s co-living spinoff Coliwoo eyes sale of 7 freehold assets for S$218.5 million

The portfolio consists of commercial units, serviced apartments, a hotel and student hostels

Adoor Apartment Wuxi (East New City) offers 240 premier units, ranging from studio apartments of 205 sq ft to one-bedroom units of 388 sq ft.

Ascott, Frasers scale up in China rental housing to tap fast-growing market

Hospitality players are banking on a mindset shift driving young professionals into premium rentals

Ascott to top S$500 million fee target on new signings, pipeline projects turning operational

The company has signed a record 19,000 units across 102 properties in 2025

Modena by Fraser Shenzhen – 325-unit premium rental apartment for young working professionals – launched in January.

Frasers Hospitality repositions portfolio with move into premium rental apartments

China anchors company’s premium rental push with launch of Modena by Fraser Shenzhen

Tong Yan, managing director of New Vision, said the 15 Enggor Street property is meant for "long-term legacy purposes".

Steel tycoon You Zhenhua’s New Vision takes over 15 Enggor Street project

The hospitality development, operated by The Ascott, will be completed in Q4 2029

The Assembly Place executive director and CEO Eugene Lim says the immediate priority for the group is to grow rapidly in Singapore.

Companies & Markets

Co-living operator The Assembly Place launches Catalist IPO at S$0.23 a share

The company will have an estimated market capitalisation of about S$88.1 million post-listing

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