TAP, S11 to manage ‘community-focused’ migrant worker dormitory

Both have agreed to form a joint venture company.

The Assembly Place Holdings Ltd. (TAP) has entered a joint venture with S11 Granuity Management Pte Ltd. to operate Singapore’s first purpose-built migrant worker dormitory with a community-focused concept.

Under the agreement, TAP will hold a 60% stake in the joint venture company (JVC), with S11 holding 40%.

The JVC will manage a dormitory at 2 Seletar North Link, PPT Lodge 1B, Block 6, Singapore 797601, which has 886 beds and is owned by S11.

The dormitory will feature structured welfare management supported by technology-enabled operations.

The venture marks TAP’s entry into its sixth living sector.

The company will launch the migrant worker dormitory under its new brand, ‘Habitat, its seventh overall.

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