Kishan Pillay quoted in Bloomberg and BT: “Singapore luxury co-living comes with steep prices and no apologies”

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News

13 February 2020

Kishan Pillay quoted in Bloomberg and BT: “Singapore luxury co-living comes with steep prices and no apologies”

TSMP Law Corporation partner in the construction practice Kishan Pillay was quoted in a Bloomberg story published on 12 February 2020 on Figment Pte’s entrance into the co-living sector in Singapore. He said that as the market expands, operators need to offer unique and curated experiences.

“First and foremost, it shouldn’t be a race to the pricing bottom,” he said.

It also probably will not be long before property developers and other real estate firms start buying or partnering proven co-living operators to get into the sector, he added.

The story was syndicated in the Business Times on 13 February 2020.