Weave Living
Weave Living is a Hong Kong-headquartered multi-brand residential rental operator offering luxury homes, serviced apartments, co-living studios, furnished and unfurnished rentals, and student housing across 42+ properties in five Asia-Pacific gateway cities, serving mobile professionals, students, and expatriates.
- Company typePrivate
- Founded2017
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Weave Living does
Weave Living operates a multi-brand residential rental platform across major Asia-Pacific gateway cities, founded in 2017 by Sachin Doshi and headquartered in Hong Kong (legal entity: Asia Living HK Limited). The company runs 42+ properties across Hong Kong (11), Tokyo (23), Seoul (4), and Singapore (4), with Sydney, Australia in development. It serves five customer personas: young professionals and digital nomads, students, expatriates and foreign workers, families, and short-term visitors, addressing pain points around upfront furnishing costs, lease inflexibility, foreign-registration friction, and the social isolation typical of temporary urban housing.
The company's product portfolio is structured into six distinct brands: Weave Residences (luxury homes, Hong Kong), Weave Suites (serviced apartments, Hong Kong/Korea/Singapore), Weave Place (furnished apartments, Japan/Korea), Weave Base (unfurnished 12-36 month rentals, Japan), Weave Studios (co-living studios with shared facilities, Hong Kong/Korea), and Weave Campus (student housing, Hong Kong). Operations are supported by a proprietary mobile application that handles digital leasing, rent payments, maintenance requests, community event discovery, and a 24/7 emergency hotline. The platform is described as tech-enabled and digital-first, with self-serve online booking via weave-living.com.
Weave's business model is built on recurring monthly rental income across all-inclusive pricing tiers, with lease flexibility ranging from short stays (from 3 nights) to long-term leases (up to 36 months). The go-to-market is direct-to-consumer with no B2B channel partners identified, supplemented by a resident referral program (e.g., HK$600 or ¥300,000 rewards) and earned media coverage in Vogue, Harper's Bazaar, SCMP, Time Out, and other lifestyle publications. The company is privately held, with Warburg Pincus as the disclosed institutional investor, having led a $181M round in November 2018 and a subsequent transaction in February 2024. Weave has received consecutive PERE Awards (Private Equity Real Estate) in 2024 and 2025. Revenue, pricing, occupancy, and headcount figures are not publicly disclosed.
Weave Living firmographics
Firmographics- Name
- Weave Living
- Legal name
- Asia Living HK Limited
- Website
- https://weave-living.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Weave Living is a Hong Kong-headquartered multi-brand residential rental operator offering luxury homes, serviced apartments, co-living studios, furnished and unfurnished rentals, and student housing across 42+ properties in five Asia-Pacific gateway cities, serving mobile professionals, students, and expatriates.
- Ownership category
- akta.pro rank
Weave Living industry classification
Industry- Product category
- Serviced Apartments & Co-living Rentals
- NAICS
- Accommodation (721)
- SIC
- Hotels, Rooming Houses, Camps & Other Lodging Places (7000)
- akta.pro primary industry
- Co-Living / Hybrid Extended-Stay Residences (THAGAEAK)
- akta.pro secondary industries
- Furnished Monthly Apartments (Urban/Residential) (THAMAFAB), Digital Nomad & Remote-Work Monthly Stays (THAMAFAI), Student-Focused Co-Living (Flexible, Community-Led) (THAMAGAI), Co-Living Private Rooms (Short-Term) (THAMABAI)
Keywords
Where Weave Living is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices6 records
Markets served
Weave Living business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Rental Income: Primary revenue from recurring monthly rental payments for furnished apartments, serviced apartments, co-living studios, luxury homes, and student housing across multiple properties in Hong Kong, Seoul, Singapore, Tokyo, and Sydney.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Luxury Homes - Premium furnished units with high-end decor and finishes |
| Subscription | Monthly | Serviced Apartments - Hotel-like amenities with housekeeping and security included |
| Subscription | Monthly | Furnished Apartments - Fully furnished with flexible leases |
| Subscription | Monthly | Unfurnished Apartments - Freedom to decorate with personalized space |
| Subscription | Monthly | Co-living Studios - Fully furnished private units with shared facilities |
| Subscription | Annual | Student Housing - Student-only accommodation near universities |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Weave Living product offering
Product offeringCore offering
Weave Living provides furnished and serviced residential rental accommodation across Asia-Pacific gateway cities through six branded living options: luxury homes, serviced apartments, furnished apartments, unfurnished apartments, co-living studios, and student housing. All offerings operate on all-inclusive monthly subscription pricing with flexible lease terms ranging from short stays (3 nights) to long-term leases (up to 36 months), supported by a proprietary tenant management mobile app.
Product overview
Weave Living is a multi-family rental platform offering six distinct living solution brands across Asia-Pacific. The portfolio ranges from premium offerings (Weave Residences for luxury homes, Weave Suites for serviced apartments) to flexible options (Weave Place for furnished apartments, Weave Base for unfurnished long-term rentals) and community-oriented products (Weave Studios for co-living, Weave Campus for student housing). All offerings are supported by a proprietary mobile app enabling digital lease management, rent payments, maintenance requests, and community engagement. The platform operates across Hong Kong (11 properties), Seoul (4 properties), Singapore (4 properties), and Tokyo (23 properties), with Sydney upcoming.
Differentiator
Problem solved
Functional benefit
Products and services
- Weave Residences
Quantifiable outcome
- All-inclusive rates eliminate hidden costs and simplify budgeting for residents
Companies that use Weave Living
Customer profileSegments5 records
Ideal customer profiles3 records
Weave Living technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Weave Living partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Weave Living competitors and assessment
Company assessmentDirect peers
- The Ascott Limited: CapitaLand-owned serviced apartment and coliving operator with extensive APAC presence. Operates Ascott, Citadines, and lyf brands across gateway cities including Singapore, Tokyo, Hong Kong - directly comparable to Weave's multi-brand rental approach.
- Habyt: Berlin-headquartered coliving and flex-rental operator with significant APAC footprint including Hong Kong, Singapore, and Tokyo. Directly comparable as a tech-enabled mid-term rental platform targeting young professionals and digital nomads in the same gateway cities Weave serves.
- Hmlet: Singapore-founded coliving operator with presence across APAC including Hong Kong, Tokyo, and Sydney. Offers furnished co-living units with flexible leases to similar young professional and expatriate segments, directly competing with Weave Studios and Weave Suites.
- Cove (by Allianz-backed): APAC-focused coliving operator backed by Allianz, operating in Singapore, Indonesia, Vietnam, and other Southeast Asian markets. Targets young professionals with fully furnished flexible-stay apartments, comparable to Weave's furnished apartment and co-living offerings.
- Blueground: Global furnished apartment rental operator with growing APAC presence. Offers monthly-turn furnished apartments with app-based booking for business travelers and relocating professionals - closely matching Weave Place and Weave Suites positioning.
- Common: US-founded coliving operator that has expanded to APAC markets including Hong Kong. Provides private furnished suites within shared communities with flexible terms - a direct coliving peer to Weave Studios and Weave Campus.
- Zoku: Hybrid extended-stay aparthotel operator with locations including Tokyo. Targets bleisure travelers and long-stay guests with micro-apartments and shared facilities, closely mirroring Weave's flexible stay co-living concept.
Broad incumbents
- Greystar Real Estate Partners: World's largest multifamily rental operator with growing APAC presence through partnerships and acquisitions. Operates a much broader portfolio of build-to-rent and serviced apartments, providing incumbent scale against which Weave competes for capital, talent, and properties.
- Airbnb: Global short-term and medium-term rental marketplace with growing monthly-stay presence. While not a direct operator of dedicated inventory, Airbnb competes for the same traveler and mid-term stay demand and increasingly offers furnished monthly inventory relevant to Weave's short-stay tier.
Emerging players
- Quarters: Brookfield-backed modular coliving operator primarily active in Berlin and New York with select international expansion. Comparable as a professionally backed flexible coliving platform, though largely absent from APAC markets where Weave focuses.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Weave Living social profiles
Digital presenceWeave Living financial estimates
Financial estimateRevenue estimate
Valuation estimate
Weave Living leadership team
Management profileNumber of profiles
Profiles9 records
Weave Living funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Weave Living M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Weave Living
What does Weave Living do?
Weave Living provides furnished and serviced residential rental accommodation across Asia-Pacific gateway cities through six branded living options: luxury homes, serviced apartments, furnished apartments, unfurnished apartments, co-living studios, and student housing. All offerings operate on all-inclusive monthly subscription pricing with flexible lease terms ranging from short stays (3 nights) to long-term leases (up to 36 months), supported by a proprietary tenant management mobile app.
Is Weave Living a public or private company?
Weave Living is a private company. It is classified as private equity controlled and is currently operating.
When was Weave Living founded?
Weave Living was founded in 2017. It employs 51 to 100 people.
Where is Weave Living based?
Weave Living is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Weave Living make money?
One revenue line is on record: rental Income.
Who are Weave Living's main competitors?
Direct peers on record are The Ascott Limited, Habyt, Hmlet, Cove (by Allianz-backed), Blueground, Common and Zoku. Broad incumbents are Greystar Real Estate Partners and Airbnb. Quarters is listed as an emerging player.
Does Weave Living have an API?
No public API is recorded for Weave Living.
What industry is Weave Living in?
Weave Living's product category is Serviced Apartments & Co-living Rentals. Its primary akta.pro industry code is THAGAEAK, Co-Living / Hybrid Extended-Stay Residences, with a secondary code of THAMAFAB, Furnished Monthly Apartments (Urban/Residential). Its NAICS code is 721 and its SIC code is 7000.