Real estate management services group LHN Limited says it will be launching a mixed-use development at 1557 Keppel Road.

The integrated space will comprise three blocks spanning over 96,299.05 sqft. It will be utilised for both commercial and residential purposes.

The property is scheduled to be launched by mid-February 2021 and is the group's second mixed-use development.

LHN says the modern mixed development, which is located at the fringe of Singapore’s CBD, is expected to attract tenants due to its location and amenities.

SEE:LHN in joint venture with Lion City Rentals to acquire JTC industrial property for $3.2 mil, now owns 40% stake in joint venture company

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Block C, at three storeys high, is dedicated to office spaces. Each level spans across 24,000 sqft and features panoramic views of the cityscape and skyline.

Blocks A and B will house a total of 47 serviced apartment units under the group’s Coliwoo brand. Each unit comes equipped with kitchenettes, smart TVs, microwaves, as well as other facilities.

“Recognising the changing market demands for co-living and working spaces, we’ve created our second integrated development with modern working professionals and their lifestyles in mind. With co-working spaces, serviced apartments, dining options and recreational facilities all built within the development, tenants can work, live and play in one environment,” says Kelvin Lim, LHN Group’s executive chairman, executive director and group managing director.

“As experts in space optimisation, we’re continuously looking for opportunities to curate properties that cater to communities of the future,” Lim adds.

As at 11.38am, shares in LHN are trading 0.5 cent higher or 2.7% up at 19 cents.