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C0-living player LHN expects to post record proflt for FY2024
The Straits Times
|November 19, 2024
Some providers of co-living spaces in Singapore are raking it in as demand picks up among individuals looking for alternative housing options.
Mainboard-listed LHN Group, which runs Coliwoo Co-Living, expects to post record earnings for its financial year ending Sept 30, 2024, thanks to increased profit from its core co-living business.
Co-living is a modern housing concept where individuals share living spaces and common amenities such as kitchens, lounges and other facilities with others, often as part of a community.
It provides an alternative residential option for younger professionals seeking affordable and flexible living arrangements as well as a more communal and connected lifestyle.
LHN is the largest listed co-living player in Singapore, with over 2,500 rooms spread across the Republic.
Bu hikaye The Straits Times dergisinin November 19, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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