According to LHN, this site will serve as a key community node for both the Rail Corridor and the surrounding precinct and is expected to be open by June 2025.
Li Jialin and Eric Ong of Maybank Securities have kept their "buy" call and 45 cents target price for LHN after the co-living operator announced it is adding two new developments to its portfolio.
First, LHN won a government tender for the former Bukit Timah fire station, which will be refurbished at a cost of $7 million to become a mixed-use project with 60 serviced apartment units on levels 2 & 3, and a ground floor commercial F&B and retail operation.
