Khind Systems Singapore (KSS), the engineering and project division of Malaysia-listed Khind Holdings Berhad, has entered a rent-to-own partnership with Singapore-listed co-living operator Coliwoo.
According to a Jan 8 announcement, the collaboration supports Coliwoo’s redevelopment of a state-owned property at 159 Jalan Loyang Besar into a 382-key “resort-style chalet”.
KSS will supply premium kitchen appliances, refrigeration, laundry and energy-efficient cooling solutions, including built-in hobs, hoods, washers, bar fridges and ceiling fans.
This marks Khind’s first rent-to-own project in Singapore. Under the rent-to-own agreement, Coliwoo will lease equipment from KSS, with ownership transferring upon completion of the lease term. “This offers financial flexibility alongside long-term maintenance support and life-cycle management,” reads a statement by Khind.
Adil Jimmy Mistry, group CEO of Khind Holdings Berhad, says: “Singapore is an important market for us, and through our brands Mayer and Mistral, we support the needs of everyday life, with Mayer continuing to be a trusted local name.”
He adds: “By working closely with Coliwoo and applying the Group’s engineering and project expertise in a practical, long-term manner, we are focused on delivering reliable solutions that make everyday living more comfortable and hassle-free for residents.”
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Coliwoo, the co-living subsidiary brand of separately-listed real estate management services group LHN, announced in June 2025 that it had won a tender by the Singapore Land Authority (SLA) for a holiday chalet site at 159 Jalan Loyang Besar, located in Pasir Ris.
Coliwoo had submitted the second-highest monthly rental bid of $225,000, just $900 below dormitory operator Tee Up.
The site spans a land area of 380,869 sq ft and has a total gross floor area of 106,949 sq ft, with a three-year lease tenure and the option to extend the lease for two terms of three years each. It is in the vicinity of popular leisure spots Downtown East and Wild Wild Wet.
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The resort is targeted to open in 3Q2026, becoming Coliwoo’s third-biggest property, after Coliwoo Boon Lay and flagship Coliwoo Orchard.
Shares in Coliwoo are up 1.8% year to date, while shares in Bursa-listed Khind are up 0.74% year to date.
