Ascott takes on co-living with lyf

Spanning nine storeys, lyf Funan houses 279 apartments with 412 rooms (Credit: The Ascott Limited)
SINGAPORE (EDGEPROP) - The Ascott Ltd is pushing the boundaries for its first co-living venture. Unlike other hospitality properties, residents at lyf Funan will be greeted by the sights and sounds of a laundromat foaming and frothing to the cycle of soiled laundry. “No hotel, no serviced apartment, no co-living space has put a laundromat in front, at the entrance,” says Tan Gan Hup, lyf chief and assistant VP for brand & marketing, digital innovation and lyf at The Ascott Ltd. “But then again – why not?”
Shrugging off the usual hospitality conventions, lyf Funan will fit the laundry area with a beer vending machine. “While you’re washing your clothes, you can actually interact with people,” says Tan. “It’s all about … giving people the opportunity to connect if they want to.”
lyf Funan is located in the newly re-opened Funan mall at Hill Road, occupying over 121,000 sq ft of gross floor area. Ascott has described lyf as Southeast Asia’s “largest co-living property”. Spanning nine storeys (levels 4 to 12 of Funan mall), it houses 279 apartments with 412 rooms, and links guests to City Hall MRT Station via a sheltered underground walkway.
lyf Funan Singapore has a laundromat at the main entrance (Credit: The Ascott Limited)
There are five apartment types, ranging in size from 194 to 1,130 sq ft, and accommodating single, dual or group bookings. On its first weekend on Sept 7 and 8, lyf had already enjoyed a 99% occupancy rate with 115 apartments opened.
Currently, 126 apartments at lyf Funan Singapore are available for booking. By end-October, all 279 apartments at lyf Funan Singapore will be fully opened. There is also a wait-list for popular apartment types such as the “All Together” units and “One of A Kind Plus”.

Targeting corporate and leisure demand

Guests who stay at lyf can settle for a single night’s sleep, unlike other...