Coliwoo opens River Valley property, its 14th in Singapore

Coliwoo, a local co-living operator, has opened its 14th property in Singapore: Coliwoo River Valley 298. Located at 298 River Valley Road, the four-storey residential property is situated in a bustling neighbourhood near Fort Canning MRT Station.

The co-living subsidiary belongs to the local real estate management service group, LHN Group, who acquired the River Valley property for $8.5 million last year.

The 16-room property offers flexible lease terms and a range of amenities including a queen-size bed, an en suite bathroom, a kitchenette, a wardrobe, a smart TV, a workstation and a washer-dryer. Refurbished instead of redeveloped, LHN Group has announced plans to expand in surrounding areas such as Balestier Road, Lavender Street, Arab Street and Pasir Panjang.

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Last month, the company acquired two mixed-use buildings along River Valley Road for $23.25 million. According to their chief commercial officer, Chong Ching Yeng, Coliwoo is seeing increased demand from tenants, particularly local couples, for independent living options such as co-living.

Additional perks of Zion Road Condo is the convenience of visiting nearby educational institutes, malls, restaurants, and entertainment centers. In addition, Zion Road Condo is situated in a special conservation zone, which can be explored by the joggers and cyclists who may be looking to get some fresh air.

With many projects in the works, Coliwoo hopes to provide tenants with a variety of options within their varying needs. The River Valley 298 residence, with its convenient location, flexible lease terms and impressive extras, is just one more example of this commitment.

LHN Group is also making news with investments in a number of initiatives such as 2MR Labs with Temasek’s Heliconia Capital and VC Lucid Blue Ventures. This enterprise is a further testament to the company’s continued commitment to providing quality co-living residences in Singapore.