LiveIn Announces Strategic Alliance with Hive to Address Affordable Housing Crisis in Southeast Asia

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 December 2024 – LiveIn, Southeast Asia’s leading end-to-end long-stay provider dedicated to converting surplus properties into modern homes for young people, is excited to announce a strategic alliance with Hive Quarters and Hive Builders. Part of a series of partnerships by LiveIn to tackle the region’s urgent affordable housing crisis, this collaboration aims to leverage both companies’ strengths […]

Established in 2015, LiveIn is Southeast Asia’s largest affordable long-stay rental provider, addressing the housing crisis faced by 60 million young people moving to new cities by transforming surplus properties into modern homes. It operates close to 10,500 rooms with 90% average occupancy in Malaysia, Thailand, Vietnam, and Indonesia by offering fully furnished accommodations for around US$200 per month. Backed by global investors, LiveIn boosts rental yields for property owners through tenant management and design services and generates over 20% of its revenue from non-rental offerings like maintenance and fitness to continue improving tenants’ living experiences. Its meteoric rise and exciting prospects recently earned it a spot on the Forbes Asia 100 to Watch list in August this year.

Hashtag: #LiveIn #AffordableHousing

The issuer is solely responsible for the content of this announcement.

LiveIn is dedicated to converting surplus properties into affordable, modern homes for young people across Southeast Asia. Driven by a mission to shift the fundamental way young people live and empower them to dream boldly, LiveIn operates 10,500 rooms in four countries, fostering vibrant communities for urban youth.

Visit www.livein.com for more details.

Hive Quarters and Hive Builders are leaders in the co-living space, providing innovative solutions and renovations that cater to the evolving needs of urban dwellers. Together, they aim to redefine affordable living in Southeast Asia.

Visit https://www.hivequarters.com.my for more details.

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