The Ascott Limited, the accommodation business unit of CapitaLand, has started lyf Funan Singapore — Southeast Asia’s biggest coliving property.

Within an SGX submitting, Ascott revealed it is also the very first property under its brand new’lyf’ coliving brand that’s handled by millennials for its millennials and millennial-minded.

With a gross floor area of 121,000 sq feet, lyf Funan Singapore provides 412 rooms around 279 apartments. It’s found in Singapore’s civic and cultural district and can be linked using a stuffy underground walkway into the City Hall MRT interchange.

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The nine-storey coliving property a part of CapitaLand’s Funan incorporated development, which also comes with a mall and 2 office blocks.

It provides five interchangeable flat types which vary from 18 sq m to 105 sq m to adapt singe, double or group bookings.

Included in these are One of a sort, a studio component measuring 18 sq m; 2 of a Kind (43 sq m), that includes 2 private rooms and a shared kitchenette; and also the All Collectively flats (41 sq m to 105 sq m), which is excellent for groups of up to nine people.

“Millennial and millennial-minded travelers can look forward to some dynamic live-work-play experience awarded the collaborative areas, social programmes and strategic place of lyf Funan Singapore,” said Mindy Teo, Ascott’s deputy managing director of lyf.

She noticed that the booming millennial section, that is the fastest-growing traveling market, already creates a quarter of Ascott’s customer base and is expected to grow.