Weave Living expands SG portfolio with fourth property in Novena

The 99-unit property is set for completion in 2026.

Weave Living, an urban rental accommodation provider in APAC, has announced the acquisition and upcoming transformation of a freehold property at 12 Shan Road in Singapore into Weave Suites - Novena.

The property has been acquired in partnership with a fund managed by global asset management firm BlackRock and Singapore’s Lian Beng Group for over $100m.

Set for completion in 2026, the 99-unit property will offer a fully serviced living experience with several large-sized layouts, from open-plan to one- and two-bedroom apartments.

Guests can enjoy lifestyle and wellness amenities, including a sheltered play area for children, a patio, a lap pool, and a communal courtyard.

The property also provides services such as housekeeping, professional on-site maintenance, and security.

With this latest acquisition, Weave Living will increase its offering in Singapore to around 500 units across its various brands, valuing its portfolio in the city-state to over $500m.