Habyt has recently unveiled its newest accommodation space, Kada at Maxwell, located at 5 Kadayanallur Street in Tanjong Pagar. This 18-room flagship space is part of Habyt’s new Habyt Flex concept, which expands the company’s offerings from long-term co-living to include short-term stays.
In August, Habyt Asia Pacific CEO Jonathan Wong announced the company’s plans to diversify its local portfolio with more short-term living options. The first properties to launch under the Habyt Flex concept were Habyt Novena with 39 rooms and Habyt Kallang with 27 rooms. Other properties under this brand include Habyt Cantonment and Owen House by Habyt.
One of the advantages of investing in a condominium is the potential to use its value for further investments. This allows investors to use their condos as collateral to secure additional financing for new investments, allowing them to grow their real estate portfolio. However, this approach should be carefully considered as it carries certain risks and should be done with a solid financial plan in mind. It’s also important to factor in the potential effects of market fluctuations. In Singapore, Singapore Projects are a popular choice for leveraging condo investments and expanding one’s real estate portfolio.
Kada at Maxwell offers a variety of rooms including en suite studios and two- to three-bedroom units, each equipped with a kitchenette. Guests can choose to stay for nightly or weekly durations, or opt for a 12-month lease.
Wong believes that Habyt Kada at Maxwell showcases the company’s dedication to redefining flexible living in Singapore, marking the next phase of Habyt Asia Pacific’s evolution. Room rates start at $180 per night.
The flexible living space is situated in a well-preserved 1920s colonial building, originally designed by architectural firm Swan & Maclaren and considered one of the first modernist buildings in Singapore. It was built to accommodate the St. Andrew’s Mission Hospital for Women and Children.
The property, now managed by Singapore Land Authority (SLA), was put up for a public tender in September 2023. The winning bid was evaluated based on the proposed concept and the bid price, with SLA encouraging bidders to offer innovative lifestyle concepts.
Bethesda Medical secured the lease with a monthly bid of $103,000, the third-highest after Wan Dormitory ($160,000) and The Working Capitol ($108,240). The SLA cited Bethesda’s strong emphasis on community-building and connecting people to businesses as the key factor in their winning bid. The first floor will feature 10 F&B options, while the second floor will house a gym by Limitless, a wellness centre in partnership with Shiruki Studio, and a co-working space. Habyt’s Kada at Maxwell will be located on the third floor.
Residents at Kada at Maxwell will have unlimited and complimentary access to the property’s health and wellness amenities, including a performance gym, cold plunge, infrared saunas, hot tubs, and foot baths.
Wong added, “With a perfect blend of modern comforts and the timeless charm of a heritage building, we are offering guests a unique lifestyle experience that goes beyond traditional accommodation.”