5 days ago
Coliwoo to convert state-owned property in Pasir Ris into 350-key resort chalet
An artist's impression of the proposed resort chalet is in the vicinity of Pasir Ris Beach, Downtown East and Wild Wild Wet. PHOTO: COLIWOO
SINGAPORE - A Coliwoo unit was awarded the lease of a state-owned property in Pasir Ris, which the co-living brand will transform into a 350-key resort chalet.
Coliwoo Keppel was among five bidders for the 159 Jalan Loyang Besar site in a tender launched by the Singapore Land Authority (SLA). The bids in the price quality method tender ranged from $98,000 to $225,900, with Coliwoo placing the second highest bid of $225,000.
'We are excited to be awarded the tender at 159 Jalan Loyang Besar, marking Coliwoo's strategic expansion into eastern Singapore and our first foray into resort-style co-living hospitality,' said Kelvin Lim, executive chairman of LHN Limited and founder of Coliwoo.
Together with another Coliwoo property – in the former Bukit Timah Fire Station – to be launched soon, this development underscores the group's commitment to revitalising state-owned properties and injecting vibrancy into its surrounding neighbourhoods.
'We believe this project will set a new benchmark for co-living in Singapore, meeting the evolving needs of today's modern guests and travellers who seek flexible, community-driven living spaces that also offer a touch of escapism,' said Mr Lim.
The property sits on a land parcel spanning 380,866 square feet. Currently, there are 20 two-storey buildings, four single-storey structures and several vehicle lots on-site.
It is in the vicinity of Pasir Ris Beach, Downtown East and Wild Wild Wet.
'Guests can look forward to a wide range of wellness-centric facilities including swimming pools, indoor and outdoor sports zones, and meditation gardens,' Coliwoo said.
The property will be Coliwoo's third largest, after Coliwoo Boon Lay and its flagship Coliwoo Orchard.
Renovations will begin in the second half of 2025, with the chalet expected to be operational by the third quarter of 2026. THE BUSINESS TIMES
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