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LHN reports high occupancy across SG, overseas projects
As of 3Q23, the company has 2,064 keys under management.
SGX-listed LHN Group ended 3Q23 with high occupancies across its projects in Singapore and overseas.
In a bourse filing, LHN said its co-living business, Coliwoo, drove its strong performance for the period.
Its Coliwoo projects in Singapore, Coliwoo Orchard, Coliwoo Lavender, and Coliwoo 298 River Valley saw occupancy levels of 90%, 85%, and 100%, respectively.
Average rental rates across LHN’s Coliwoo projects ranged from $2,200 to $3,500 in 3Q23.
Combining its co-living projects in Singapore and its overseas projects, LHN has a total of 2,064 under management.
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