Singapore: Dash Living has opened two coliving properties in Singapore, taking its portfolio in the city-state to more than 800 units.
The first property, Dash Living on Mackenzie, is close to Little India MRT Station on the North-East Line. The 40-unit building offers compact, fully furnished en suite rooms for rent. Tenants will have access to a social lounge for coworking or dining, pay-per-use laundrette services, outdoor kitchenette, and a rooftop area. The co-living space is 95 per cent occupied following its soft launch earlier this year.
The second property is Dash Living on Kinta, close to Farrer Park MRT Station on the North-East Line. The 30-unit building offers fully furnished en-suite studios and two-bedroom units. The property features a rooftop garden with a plunge pool, and other tenant facilities onsite.
Dash Living offers minimum stays of three months and perks including as coworking passes, trial gym memberships, and shopping and dining discounts.
“The opening of Dash Living’s first standalone properties in Singapore demonstrates our continued commitment to Singapore. We achieved a remarkable 95 per cent occupancy rate in Singapore in 2021, which signals the increased demand from Singapore customers despite the latest rental index reaching a seven-year high. We look forward to seeing more growth in this market this year as business and events resume,” said Aaron Lee, founder, and CEO of Dash Living. “In Singapore, the average length of stay is increasing, and we believe the market is receptive to shared living and that this lifestyle continues to gain traction in the region.”
Dash Living operates units in Hong Kong, Singapore, Tokyo, and Sydney. Founded by serial entrepreneur Aaron Lee and with venture capital backed by MindWorks Ventures, Grosvenor, Taronga Ventures and more, its mission is “to create a global accommodation community through the sharing of economies, technology, and unique tenant experiences, further empowering discerning urban professionals to live and thrive in the most expensive cities in the world”.
