Singapore: Hong Kong-based rental solution provider Dash Living has acquired Singapore co-living firm Easycity.
Dash Living, which offers serviced apartments, hotel rooms and co-living, is backed by Hong Kong venture capital firm MindWorks Venture, and has raised US$10 million in funding to date.
The acquisition brings its number of units in Asia-Pacific to 900, with the addition of 200 units located at Geylang, Paya Lebar, Farrer Park, Balestier, Pasir Panjang and Clementi in Singapore.
The founders of Easycity, Alex Liu and Wesley Wen, have been appointed as the executive management team for Dash Living Singapore.
Dash Living said co-living is now its fastest-growing product. In October 2019, the firm launched its 51-unit co-living product in Hong Kong occupying four floors of en suite studio bedrooms and almost 2,000 square feet of communal space.
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