“We expect the upcoming 141 Middle Road (141MR, 212 keys, 2Q2026) and 159 Jalan Loyang Besar (159JLB, 382 keys, 3Q2026) to see strong take-up; Coliwoo is currently in talks with Singapore Management University for occupancy at 141MR while management projects strong aircrew demand at 159JLB,” add Tan and Lim, who also note that FY2026 will see a full-year contribution from Kampong Glam and Fire Station Bukit Timah.
Analysts are upbeat on LHN’s outlook and expect the newly listed Coliwoo to drive growth.
In a Dec 8 report by CGS International, analysts Tan Jie Hui and Lim Siew Khee say: “We believe Coliwoo will remain a significant driver of LHN’s FY2026 earnings despite the spin-off, supported by new and existing properties.”
