- Cove raises capital
- Flexible housing startup expands
- Singapore-based company targets Asia-Pacific market aggressively
Flexible Living Gets a Serious Upgrade
Cove, a Singapore-based flexible housing startup, has secured $4.5M in funding to accelerate its expansion across the Asia-Pacific region.
The company, established in 2018, has already built an impressive portfolio of nearly 6,000 rooms spanning Singapore, Indonesia, South Korea, and Japan.
Investors Bet Big on Flexible Housing
The latest funding round attracts notable investors, including Eurazeo, Keppel, and new advisor Ashish Manchharam from 8M Real Estate.
Cove’s strategic shift from an asset-light model to partnering local joint venture partners signals significant growth ambitions, targeting 800 rooms in Korea and 400 rooms in Japan within the next six months.
Reimagining Living Spaces for Modern Nomads
Cove offers a unique housing solution catering to diverse lifestyle needs, from co-living spaces to private studios and entire apartments. Their flexible rental options range from 3-12 month commitments and even include nightly rates, promising to transform how professionals and travelers experience accommodation across the Asia-Pacific region.
