Government to pilot long-stay serviced apartments

The minimum stay for the new type of serviced apartments will be three months.

The government plans to introduce a new class of serviced apartments to meet demand for longer-term stays.

In a speech at the 64th Real Estate Developers' Association of Singapore (REDAS) Anniversary Dinner, Minister of State for National Development Desmond Lee said potential tenants of serviced apartments face competition with those in Singapore for short stays, including tourists and business travellers.

Serviced apartments have a seven-day minimum stay requirement, whilst long-stay serviced apartments will have a three-month minimum stay period.

“These long-stay serviced apartments will coexist alongside shorter-stay serviced apartments with the existing seven-day minimum stay requirements, and similarly, cannot be strata subdivided for sale,” Lee said.

The government will pilot the long-stay serviced apartments on two sites at Upper Thomson Road and Zion Road under the 2H 2023 Government Land Sales Confirmed List.

Doing so will allow the government “to gauge market demand before studying if this can be implemented more widely,” said Lee.

The government will launch the sites in early December.

"A proportion of the GFA for each of these sites will be set aside for long-stay serviced apartments, with a total potential yield of around 535 Serviced Apartment units,” Lee added.

Follow the link for more news on

Desmond Lee

Also Read

One Sophia sells 30% of units at weekend launch

Turf City sites could deliver up to 800 public housing units: Huttons

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit