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Ascott REIT’s maiden greenfield lyf project to enjoy higher yields

PC Lee
PC Lee9/21/2018 11:11 AM GMT+08  • 2 min read
Ascott REIT’s maiden greenfield lyf project to enjoy higher yields
SINGAPORE (Sept 21): Ascott Residence Trust has acquired a prime greenfield site for $62.4 million for its maiden development project. It will build the first co-living property in Singapore’s research and innovation business hub, one-north, Nepal Hill.
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SINGAPORE (Sept 21): Ascott Residence Trust has acquired a prime greenfield site for $62.4 million for its maiden development project. It will build the first co-living property in Singapore’s research and innovation business hub, one-north, Nepal Hill.

The property, which will be branded and named as lyf one-north Singapore, has a total of 324 units. Lyf one-north is targeting to achieve Temporary Occupation Permit (TOP) by 2020 and open in 2021.


See: Ascott REIT to build 324-unit coliving property at $62.4 mil one-north site

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