Coliwoo has reported a remarkable 62.6% increase in its core profit after tax and minority interest (PATMI), reaching S$22.9m for the financial year 2025. This surge is attributed to the company’s strategic focus on optimising asset returns and the resilience of its co-living business model. The company also announced dividends of 2.0 Singapore cents, reflecting its strong financial performance.
Coliwoo maintained a high occupancy rate of 96.1% across its portfolio, underscoring the robust demand for co-living spaces in Singapore. Executive Chairman and CEO Kelvin Lim expressed satisfaction with the results, highlighting the 11 percentage-point improvement in gross profit margin as evidence of the company’s strategic success. “The strong market fundamentals in Singapore, evidenced by sustained high rental demand and a recovering corporate and MICE segment, give us great confidence,” Lim stated.
In addition to its financial achievements, Coliwoo is expanding its pipeline with a 50:50 joint venture acquisition aimed at transforming an under-utilised building into a co-living and commercial development. This move is part of Coliwoo’s strategy to increase its market share, with a target of nearly 4,000 rooms by the end of 2026.
The company is set to host its FY2025 Result Briefings on 5 December 2025, providing insights into its business strategies and growth outlook. As Coliwoo continues to strengthen its position in the co-living sector, it remains poised to capitalise on the growing demand for flexible living solutions.
