Co-living operator Coliwoo debuts on list of fastest-growing companies in S’pore
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Coliwoo executive chairman and chief executive Kelvin Lim said the company expects to add to its workforce in 2026, such as in operations and community management.
ST PHOTO: GIN TAY
SINGAPORE – Seven Singapore-listed companies are among 100 of the Republic’s fastest-growing firms, a list released on Jan 20 showed
The companies are wealth management platform iFast Corporation, pharmaceutical firm iX Biopharma, oil company Rex International, engineering specialist CSE Global, co-living operator Coliwoo, healthcare group Parkway Hospitals Singapore and industrial and logistics real estate investment trust AIMS APAC.
Singapore’s Fastest Growing Companies is a list of 100 companies here that achieved a high percentage of growth in revenues between 2021 and 2024.
Part of the criteria to be considered is that they are headquartered in Singapore and have at least $150,000 of revenue generated in 2021 and $1.5 million in 2024.
On the list for the first time is Coliwoo, which made its debut on the Singapore Exchange mainboard in November 2025
The company is a spin-off from mainboard-listed LHN Group, a real estate management company that rents out industrial and office space, manages commercial buildings and carparks, and installs solar panels and electric vehicle charging stations.
Coliwoo executive chairman and chief executive Kelvin Lim said the company expects to launch its Coliwoo Midtown co-living accommodation in February followed by its first resort-style co-living chalet in Jalan Loyang Besar in the third quarter of 2026. The Midtown property will add 212 rooms to its portfolio, while the Loyang outpost will bump it up by 382 rooms.
“We will continue to expand our co-living footprint through master leases and property acquisitions, adding approximately 800 to 1,000 rooms for lease annually while staying asset-light where possible,” he said.
“We have also secured new management contracts with a local healthcare provider and a transport operator, which have further diversified our operating base.”
Another key priority for Coliwoo in 2026 will be asset enhancement, said Mr Lim. This includes upgrading spaces, improving functionality and enhancing the member experience across its portfolio.
Coliwoo currently has around 100 employees across operations, asset management, and community and corporate functions.
Mr Lim said the company expects to add to its workforce in 2026, particularly in operations, community management and growth-enabling functions. The additions will include overseas business development roles.
“This will ensure that we are well positioned to support portfolio expansion while maintaining service quality as we move towards our target of about 4,000 rooms for lease,” he said.
Correction note: This story has been updated for clarity.
