Summary:
- The Singapore Land Authority awarded the tender for 362 Holland Road to Trans-Orient Services, which plans to redevelop the 24,594 sq ft state property into a co-living residence targeting working professionals and students, emphasizing community living and biophilic design.
- The site, previously used as a 37-room student hostel known as Assemblage, is located near Holland Village MRT and key lifestyle and residential hubs, enhancing its appeal for integrated urban living.
- Trans-Orient Services secured a three-year master lease with two renewal options, marking a strategic shift for the company, previously known for automotive repair, into the co-living and property management sector.
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