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ETC clinches 15-year lease with co-living leader

ETC has finalised a 15-year tenancy agreement with The Assembly Place for the dual-block development at 27 and 29 Lorong 22 Geylang. Acting as the exclusive marketing agent for the Char Yong (Dabu) Association, ETC facilitated the property’s positioning, tenant sourcing, and lease negotiations, with an option for a further five-year renewal.

The property, located in the Aljunied-Geylang precinct, spans approximately 26,889 square feet. It includes private residential walk-up flats at 27 Lorong 22 Geylang and the association premises for Char Yong (Dabu) Association at 29 Lorong 22 Geylang. Velinda Kwan, Co-Head of Business Space & Retail at ETC, highlighted the area’s potential as a co-living hub, citing its strong connectivity and unique cultural character.

The Assembly Place plans to introduce around 80 rooms as part of its flagship AI-powered co-living concept, featuring intelligent building management and personalised resident services. The property is set to be handed over on 1 June 2026, with operations expected to commence by October 2026.

The property’s strategic location near Aljunied MRT station and its proximity to various amenities enhance its appeal as a culturally rich city-fringe neighbourhood.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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