Facade of Jamae Chulia Heritage fronting Mosque Street


The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), together with Warees investments Pte Ltd (Warees), announced their 2nd strategic partnership at the signing ceremony of lyf Chinatown Singapore. This event took place during the groundbreaking ceremony of Jamae Chulia Heritage, which was graced by Mr. Masagos Zulkifli, Minister for Social and Family Development, Second Minister for Health, and Minister-in-charge of Muslim Affairs alongside distinguished guests and key stakeholders.

Ascott’s strategic partnership with Warees began in 2004 with the launch of Somerset Bencoolen Singapore. In 2019, Somerset Bencoolen Singapore underwent renovations to enhance the property, providing a refreshing update. This 20-year strategic partnership has now been strengthened with the signing of lyf Chinatown Singapore, further solidifying the collaboration.

 Signing of Management Agreement between WJC Heritage and Ascott International Management. Back row: From left to right:  Kevin Goh, Chief Executive Officer, Ascott and Hj Abdul Razak Maricar, Chairman Warees Front: From left to right:  Wong Kar Ling, Chief Strategy Officer, Ascott and Managing Director of Southeast Asia, Ascott and Mr Masagoes Isyak, Chief Executive Officer, Warees


Commissioned by Warees through WJC Heritage Pte Ltd and managed by The Ascott Limited, lyf Chinatown Singapore which spans 3,394 sqm is the 5th property in Singapore under the lyf brand. Slated to open in mid-2026, lyf Chinatown Singapore will comprise 90 accommodation units along with social spaces such as coworking lounge ‘Connect’, social kitchen ‘Bond’, launderette ‘Wash & Hang’, gym ‘Burn’, roof top swimming pool ‘Dip’ as well as outdoor courtyard and terrace.

Symbolic Groundbreaking Ceremony, From left to right: Hj Rasheed Zaman, Indian Muslim Community Rep; Kadir Maideen, CE Muis; Hj Mohamed Sa’at Abdul Rahman, President Muis; Masagos Zulkifli, Minister; Hj Abdul Razak Maricar, Chairman Warees; A/P Muhammad Faishal Ibrahim, MOS; Masagoes Isyak, CEO Warees; Kevin Goh, CEO Ascott



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *