# Coliwoo posts 93.7% occupancy in 3QFY2026 as portfolio holds at 28 properties with 3,568 rooms

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-25T15:03:43.000Z
- **Author:** EdgeProp Singapore
- **Original:** https://www.edgeprop.sg/property-news/coliwoo-posts-937-occupancy-3qfy2026-portfolio-holds-28-properties-3568-rooms
- **Topics:** New Launches, Transactions & Deals, Investment & Capital Markets

## Featured rationale

High occupancy alongside continued expansion signals resilient co-living demand and may support further room supply, including asset-light growth and new hospitality formats.

## AI summary

Coliwoo recorded 93.7% average occupancy across 3,568 rooms in 3QFY2026 and remains on track to reach about 4,000 Singapore rooms by end-2026.

## Original article

Coliwoo Holdings reported an average portfolio occupancy rate of 93.7% for its third quarter ended June 30, 2026 (3QFY2026), with its Singapore portfolio unchanged at 3,568 rooms across 28 properties.

As at June 30, the co-living operator had 12 owned, 11 leased and five managed properties, unchanged from March 31. Its room inventory comprised 1,907 leased rooms, 1,136 owned rooms and 525 managed rooms. The total includes 1,021 rooms under renovation.

Occupancy at its leased properties averaged 95% during the quarter, while its managed portfolio recorded 99.6%. The owned portfolio had a lower occupancy rate of 80.8%, partly reflecting the ramp-up of the 212-room Coliwoo Midtown at 141 Middle Road, which opened in March.

Read also: The Assembly Place targets younger crowd with launch of Gather House capsule hotel

By July, average occupancy at Coliwoo Midtown had risen to nearly 90%. Excluding the property, Coliwoo's overall portfolio occupancy would have been 96% in 3QFY2026.

In early August, Coliwoo agreed to sell Coliwoo Midtown to CapitaLand Ascott Trust for $134 million and lease the property back for 10 years. The transaction, which is subject to shareholders’ approval and other conditions, is expected to be completed in 4Q2026.

The group also commenced operations at the 380-room Coliwoo Resort Changi at 159 Jalan Loyang Besar in July, after the quarter ended. It is Coliwoo's first resort-style co-living property.

Coliwoo is also expanding the room count at Coliwoo Hotel Changi Expo at 2 Changi Business Park Avenue 1 from 251 to 368 rooms, ahead of its expected opening in 1QFY2027.

Other projects in the pipeline include the mixed-use co-living conversion at 1 King George's Avenue and the repositioning of 50 Armenian Street as a boutique hospitality property.

Coliwoo said it remains on track to reach about 4,000 rooms in Singapore by the end of 2026 and is targeting 10,000 rooms by 2030.

Read also: Co-living sets the stage for Ngee Koon, Zenco Casa's ambitions in hospitality interiors

The group is also exploring opportunities in high-growth gateway cities outside Singapore, focusing on asset-light structures such as master leases, management contracts and joint ventures.

“These initiatives are expected to enhance capital efficiency, strengthen operational flexibility and support the creation of long-term value for shareholders,” says Kelvin Lim, executive chairman and CEO of Coliwoo.

## Chinese translation

> Translation model: openai_codex_cli

### Coliwoo 2026财年第三季度入住率达93.7%，投资组合维持在28处物业、3,568间客房

Coliwoo表示，仍有望在2026年底前在新加坡达到约4,000间客房。

Coliwoo Holdings公布，截至2026年6月30日的第三季度（2026财年第三季度），其投资组合平均入住率为93.7%，新加坡投资组合维持不变，涵盖28处物业、3,568间客房。

截至6月30日，这家共居运营商拥有12处自有物业、11处租赁物业和五处管理物业，与3月31日相比没有变化。其客房库存包括1,907间租赁客房、1,136间自有客房和525间管理客房。总数包括1,021间正在翻新的客房。

季度内，其租赁物业的平均入住率为95%，管理组合则录得99.6%。自有组合的入住率较低，为80.8%，部分反映了位于141 Middle Road、拥有212间客房的Coliwoo Midtown仍处于爬坡阶段；该物业于3月开业。

另见：The Assembly Place推出Gather House胶囊酒店，瞄准年轻客群

到7月，Coliwoo Midtown的平均入住率已升至接近90%。若不计该物业，Coliwoo在2026财年第三季度的整体投资组合入住率将为96%。

8月初，Coliwoo同意以新币1.34亿元将Coliwoo Midtown出售给CapitaLand Ascott Trust，并回租该物业10年。该交易仍须获得股东批准并满足其他条件，预计将在2026年第四季度完成。

该集团还在季度结束后，于7月开始运营位于159 Jalan Loyang Besar、拥有380间客房的Coliwoo Resort Changi。这是Coliwoo首个度假式共居物业。

Coliwoo也正在将位于2 Changi Business Park Avenue 1的Coliwoo Hotel Changi Expo客房数量从251间扩大至368间，预计该物业将在2027财年第一季度开业。

其他筹备中的项目包括1 King George's Avenue的混合用途共居改造，以及将50 Armenian Street重新定位为精品酒店物业。

Coliwoo表示，仍有望在2026年底前在新加坡达到约4,000间客房，并以2030年前达到10,000间客房为目标。

另见：共居为Ngee Koon、Zenco Casa在酒店室内设计领域的雄心铺路

该集团也在探索新加坡以外高增长门户城市的机会，重点关注总租约、管理合约和合资企业等轻资产结构。

“这些举措预计将提升资本效率、增强运营灵活性，并支持为股东创造长期价值，”Coliwoo执行主席兼首席执行官Kelvin Lim表示。
