What Dash Living does

Dash Living operates a multi-city flexible-living platform across Hong Kong, Singapore, Tokyo, and Kyoto, offering fully furnished co-living homes, hotel residences, and serviced apartments on lease terms ranging from nightly to multi-month. The company serves four primary customer segments: corporate clients and business travelers requiring temporary housing for assignments and relocations (its primary segment), university students near partner institutions, digital nomads and remote workers, and expatriates relocating to Asia-Pacific cities. Pricing varies materially by market — Hong Kong properties rent from HK$5,000/month, Singapore from S$500/month, and Tokyo from ¥90,000/month, with all-inclusive utility and WiFi bundles.

The underlying technology stack is operational rather than AI-driven: a cloud-based property management system supports digital lease contracts, a mobile app enables app-based smart-lock entry for contactless check-in, and a digital guest services platform handles booking, payments, and live chat. Distribution combines a self-serve direct booking website and app for individual consumers with a dedicated corporate sales team for enterprise accounts, supplemented by WhatsApp, WeChat, and Instagram acquisition channels and SEO content via the Dash Reads blog. A Member Perks program — discounts on coworking (Compass Offices), fitness, F&B, and lifestyle brands — drives retention and word-of-mouth.

Dash Living's revenue model is essentially rental income from furnished accommodation, billed monthly or per night across 2,000+ keys in 42+ locations representing more than US$1.1 billion in assets under management. Following the April 2025 majority investment by Rava Partners (Hillhouse Investment's real assets strategy) for up to US$150 million, a December 2025 Series A of US$8.8 million, and a March 2026 US$400 million acquisition of eight Tokyo multifamily assets, the company is in a capital-led expansion phase into Japan, Australia, and Southeast Asia, with institutional JVs alongside Schroders and TE Capital Partners supplementing balance-sheet acquisitions.

Name

Dash Living

Legal name

Dash Hong Kong Limited

Website

https://dash.co

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Dash Living is an Asia-Pacific flexible-living operator offering fully furnished co-living spaces, serviced apartments, and hotel residences across Hong Kong, Singapore, Tokyo, and Kyoto, serving corporate clients, students, digital nomads, and expatriates via 2,000+ keys in 42+ locations.

Ownership category

akta.pro rank

Product category

Flexible Living Services

NAICS

Lessors of Residential Buildings and Dwellings (53111)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Co-Living / Hybrid Extended-Stay Residences (THAGAEAK)

akta.pro secondary industries

Extended-Stay Brand Residences (Managed Residences) (THAGAEAM), Executive Apartments (Corporate Housing) (THAGAEAD), Digital Nomad & Remote-Work Monthly Stays (THAMAFAI), Off-Campus Shared Student Houses (Room-by-Room) (THAMAGAC)

Keywords

• Flexible living rentals
• Serviced apartments
• Co-living spaces
• Corporate housing
• Monthly furnished rentals

Headquarters

HQ city

Causeway Bay

HQ country

Hong Kong SAR China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Short to Mid-Term Rental Revenue: Recurring revenue from furnished apartment and hotel room bookings ranging from nightly to monthly terms. Core business model based on subscription-style recurring bookings from both individual and corporate customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Dash Living operates a multi-city flexible living platform providing fully furnished apartments, co-living spaces, and hotel residences across Hong Kong, Singapore, Tokyo, and Kyoto. The company rents turn-key units on nightly, weekly, and monthly terms with utilities, Wi-Fi, and housekeeping bundled in, targeting urban professionals, corporate clients, students, and digital nomads. Operations are supported by a cloud-based property management system, mobile app with smart lock access, and digital lease contracts.

Product overview

Dash Living is an Asia-based flexible living platform operating as a single unified offering that combines coliving homes, hotels, and serviced apartments across Hong Kong, Singapore, and Japan. The platform provides fully furnished accommodations with flexible lease terms ranging from nightly to monthly stays, targeting urban professionals, students, and business travelers. Core products include Dash Living Coliving Homes (shared spaces with private bedrooms), Dash Living Hotels (hotel residences for short stays), and Serviced Apartments (self-contained units for monthly rentals). Supporting modules include Corporate Accommodation (tailored business housing solutions), Student Accommodation (specialized student-focused properties with flexible terms), Member Perks (lifestyle discount program), and Digital Guest Services (app-supported access and smart lock technology). The portfolio spans multiple sub-brand properties across 42+ locations in Hong Kong SAR, Singapore, and Japan, with recent expansion through acquisitions including IntheHood Hospitality in Tokyo and a US$400 million multifamily asset portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Dash Living Coliving Homes Shared living spaces with private bedrooms and shared common areas including kitchens and lounges, targeting young professionals and urban dwellers seeking flexible, community-oriented housing.
• Dash Living Hotels Hotel residences offering nightly and monthly stays in prime locations across Hong Kong, Singapore, Tokyo, and Kyoto with self check-in, 24/7 support, and hotel-style amenities.
• Dash Living Serviced Apartments Fully furnished apartments for monthly stays with all-inclusive pricing covering utilities, Wi-Fi, and weekly housekeeping in Hong Kong and Singapore.
• Corporate Accommodation Tailored housing solutions for businesses relocating employees or sending staff on extended work assignments, with negotiated corporate rates and dedicated account management across APAC.
• Student Accommodation Specialized furnished housing for international students with flexible terms starting from 30 nights, all-inclusive pricing, and properties near universities in Hong Kong, Singapore, and Tokyo.
• Dash Member Perks Lifestyle benefits program offering Dash members exclusive discounts on food and beverages, fitness, wellness, shopping, and lifestyle experiences, as well as coworking and business services.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• INSEADminorOthersBusiness school partnership providing student and faculty accommodation in Singapore through preferred housing arrangements.
• ESSEC Business SchoolminorOthersBusiness school partnership providing student housing across Asia campuses including Singapore location.
• Curtin UniversityminorOthersUniversity partnership providing accommodation options for students at Curtin's Singapore campus.
• IntheHood HospitalitycoreStrategic or Co-development PartnerAcquired hospitality company expanding Dash Living's operational capabilities and service offerings in the lifestyle accommodation segment.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• The Ascott Limited (CapitaLand Ascott Trust): Ascott is Asia-Pacific's largest serviced residence operator with 100,000+ units across multiple brands including lyf, Citadines, and Somerset. Direct competitor in flexible-stay and serviced apartments across the same core Asian cities, with deeper capital backing via CapitaLand.
• Oakwood (Mapletree Investments / Oakwood Worldwide): Oakwood operates premium serviced apartments and aparthotels across Asia, including Tokyo, Singapore, and Hong Kong. Closely comparable in target market (corporate relocations, extended-stay business travelers) and product offering (furnished units with flexible terms).
• Cove (Pace Enterprise): Cove is an APAC flexible-living operator offering co-living and serviced apartments across Singapore, Jakarta, Kuala Lumpur, and other regional cities. Targets a similar digitally-native professional demographic with flexible lease terms and tech-enabled booking.
• Sonder Holdings: Sonder operates tech-enabled apartment-style accommodations for short and extended stays globally. Comparable in its digital-first booking, contactless check-in, and focus on the flexible-stay segment of business and leisure travelers.

Emerging players

• Kasa Living: Kasa is a tech-enabled flexible-stay operator in the US serving business travelers and relocations. Comparable in its professionally managed apartment model and tech stack, though currently US-focused; represents a similar emerging business model competing with traditional hotels.
• lyf by Ascott: lyf is Ascott's co-living brand targeting millennial and digital-nomad travelers with tech-enabled shared spaces across Asian cities including Tokyo, Singapore, and Bangkok. Direct overlap with Dash Living's co-living product for the same urban professional segment.
• Habyt: Habyt is a Berlin-based flexible co-living and serviced apartment operator expanding across Europe and APAC. Comparable in its tech-enabled platform, flexible monthly terms, and target market of urban professionals and remote workers.

Regional players

• Tujia (土巴兔/Tujia.com): Tujia is China's largest vacation rental and serviced apartment platform, backed by Ctrip. Comparable business model in furnished extended-stay accommodation, but primarily serves mainland China rather than Hong Kong, Singapore, or Japan.

Broad incumbents

• Marriott International (Residence Inn, Apartments by Marriott Bonvoy): Marriott's Residence Inn and Apartments by Marriott Bonvoy brands offer extended-stay serviced accommodation globally, including in APAC. A scaled incumbent with overlapping enterprise and corporate-relocation customer base, though distributed across a wider portfolio.
• Airbnb: Airbnb's monthly stay product overlaps with Dash Living's nightly-to-monthly flexible stays and targets a similar professional traveler demographic across Hong Kong, Singapore, and Japan. A broad incumbent rather than direct competitor, but increasingly competing for the same flexible-stay demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/dashliving
• Facebookfacebook.com/dashlivinghongkong
• LinkedInlinkedin.com/company/dashliving

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dash Living