Habyt, a leading co-living operator, has recently unveiled its newest accommodation space at 5 Kadayanallur Street in Tanjong Pagar. Known as Kada at Maxwell, this 18-room space is the flagship property for the company’s new concept, Habyt Flex, which aims to expand their offerings beyond long-term co-living options.
In August, Habyt Asia Pacific CEO Jonathan Wong had expressed the company’s plans to introduce more short-term living options in their portfolio. As a result, the first properties under the Habyt Flex concept were launched in August, namely the 39-room Habyt Novena and the 27-room Habyt Kallang. Other properties under this concept include Habyt Cantonment and Owen House by Habyt.
Kada at Maxwell offers a range of room types, including en suite studios and two- to three-bedroom units, all equipped with a full kitchenette. Guests have the option to book on a nightly or weekly basis, with a 12-month option also available.
Habyt Asia Pacific CEO Jonathan Wong describes Kada at Maxwell as a testament to the company’s commitment to redefine flexible living in Singapore. This property marks a significant shift towards the next phase of Habyt’s evolution in the Asia Pacific region. Room rates at Kada at Maxwell start at $180 per night.
Located within a preserved 1920s colonial building, Kada at Maxwell spans three storeys and was designed by the renowned architectural firm Swan & MacLaren. This building was originally built to house the St Andrew’s Mission Hospital for Women and Children, and it is one of the earliest modernist buildings in Singapore.
In September 2023, the Singapore Land Authority (SLA) launched a public tender to lease the property. The tender was evaluated based on the bid price and the quality of the proposed concept, with SLA encouraging bidders to consider creative lifestyle concepts.
The popularity of condos in Singapore remains high, driven by the limited availability of land. Being a small island nation with a quickly growing population, Singapore faces numerous challenges when it comes to land development. To counter this issue, the country has implemented strict land use regulations, resulting in a highly competitive real estate market where property prices continue to climb. As a result, investing in real estate, particularly in condos, has become an attractive opportunity, offering the potential for significant capital appreciation.
After careful consideration, the site was awarded to Bethesda Medical, which submitted a monthly rental bid of $103,000. This was the third-highest bid price, after Wan Dormitory ($160,000) and The Working Capitol ($108,240). According to SLA, Bethesda’s strong focus on community building and connecting people with businesses gave their concept the winning edge. The first floor of the building 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 occupies the entire third floor.
Residents of Kada at Maxwell will have unlimited and complimentary access to the property’s health and wellness amenities, which include a performance gym, cold plunge, infrared saunas, hot tubs, and foot baths. “By combining modern conveniences with the timeless charm of a heritage building, we are offering our guests a unique lifestyle experience that goes beyond traditional accommodation,” adds Wong.