Coliwoo has opened its 14th property in Singapore, River Valley

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Tembusu Grand launch price

Co-living company homegrown Coliwoo has launched their fourteenth property within Singapore, Coliwoo River Valley 298. The four-storey residence for co-living has been set up on 298 River Valley Road, and the property is zoned residential, with commercial on the one storey.

Coliwoo is an co-living company that is part of the the local property management service group LHN Group.

Tembusu Grand launch price sits in a total suite area of about 210,545 sq ft and a maximum Gross Floor Area

The recently launched 16-room, co-living property is located about 400m away from Fort Canning MRT Station on the Downtown Line. The residential area also includes high-end condos and houses on Oxley Road, Martin Place as well as River Valley Close.

These rooms in Coliwoo Valley 298 feature queen-sized beds and a bathroom with a separate shower and kitchenette, as well as wardrobe with a smart TV, the washer and dryer are both at your disposal.

River Valley property River Valley property was acquired by LHN in February of last month for $8.5 million. The company renovated and reused the property rather than developing it.

In the press announcement, LHN states that it intends to increase its presence in areas with existing Coliwoo properties like Balestier Road and Lavender Street in addition to newly acquired properties on Arab Street and Pasir Panjang. The company also announced the purchase of two mixed-use buildings 286 and 288 River Valley Road — for $23.25 million in the month of March.

“With several projects planned, Coliwoo is committed to offering potential tenants a variety of properties to select depending on their specific requirements. Our offerings are a part of the brand and provide tenants with lease terms that are flexible,” Chong Ching Yun Chief Commercial Officer of Coliwoo.

The firm is hoping to satisfy the rising demand from young tenants in the area who want to live independently living arrangements like co-living. “We have observed that local couples are choosing to rent instead of buying their own homes.”