News / Ascott opens new property in Hangzhou, China

Ascott opens new property in Hangzhou, China

🕔 October 11, 2021

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Ascott opens new property in Hangzhou, China

Ascott Limited is planning to open a total of 17 lyf properties by 2025, expanding the brand's portfolio to over 3,000 units across 13 cities and 9 countries. This includes the opening of Hangzhou in China and Fukuoka in Japan. The other new coliving apartments will be located in Thailand, France, Singapore and Australia.

Ms Tan Bee Leng, Ascott’s Managing Director for Brand & Marketing said:

“lyf is a hybrid lodging solution that combines the best of serviced residences, hotels and coliving apartments. The concept continues to resonate well with our guests and partners across the world with new signings and property openings on track despite COVID-19.” 

One of the newly opened properties is lyf Mid-Town Hangzhou in China. Located in the Gongshu district, near the Grand Canal, the complex is close to a shopping mall and directly opposite the Hangzhou International Convention and Exhibition Centre. The apartment complex is about a 45-minute drive away from the Hangzhou International Airport and a 30-minute way from the Hangzhou East train station. 

lyf Mid-Town Hangzhou features 118 units comprising ‘One of a Kind’, ‘One of a Kind Plus’ and ‘Side by Side’ studios, ‘lyf Style’ thematic studios as well as ‘Two of a Kind’ and ‘All Together’ apartments. The property also offers social facilities and spaces such as the ‘Bond’ social kitchen, the ‘Connect’ coworking and lounge zone, and ‘Wash & Hang’ laundromat. There is a meeting room for up to 8 people. available for private meetings. 

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