Ascott Residence Trust (Ascott Reit) has acquired a prime greenfield site in Singapore’s research and innovation business hub, one-north, for its maiden development project.

The 324-unit development is expected to open in 2021 and to be managed by ASAP Member Ascott under its co-living millennial-focused brand, lyf.

News Release_Ascott Reit embarks on maiden development project

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