Mitsubishi Estate Group’s Hmlet Acquires Singapore and Hong Kong Flexible Living Businesses
Hmlet Japan's holding company has acquired Habyt APAC, a flexible living operator in Singapore and Hong Kong. This acquisition expands the group's managed units to a total of 2,927 in the APAC region, establishing it as a major Japan-based player.
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- 📰 Published: May 1, 2026 at 00:19
- 🔍 Collected: April 30, 2026 at 16:01
- 🤖 AI Analyzed: April 30, 2026 at 16:10 (8 min after Collected)
Hmlet Japan Co., Ltd. (Chiyoda-ku, Tokyo; Representative Director: Kenichi Sasaki) is pleased to announce that its holding company, FL Japan Holdings Co., Ltd., has acquired Habyt Pte. Ltd. ("Habyt APAC") from Germany-based Habyt GmbH. This acquisition makes the prominent Singapore and Hong Kong flexible living operator a wholly owned subsidiary of the group.
Through this acquisition, the total number of units under management by Hmlet Japan (1,613 units), Blueground Japan (253 units), and Habyt APAC (829 units in Singapore; 232 units in Hong Kong) will reach 2,927 units. This establishes the group as a major player in the Asia-Pacific (APAC) region among Japan-based flexible living operators.
Following the acquisition, Habyt APAC will be led by Yoan Kamalski, the original founder of Hmlet Pte. Ltd. in Singapore who currently serves on the Board as Director of Hmlet Japan.
## Hmlet Properties in Singapore
Common areas of our property in central Singapore
Flagship property in Singapore
## Background: Expanding to APAC After Six Years of Growth in Japan
Hmlet Japan was established in 2019 as a joint venture between Mitsubishi Estate Co., Ltd. and Singapore-based Hmlet Pte. Ltd. (the original Hmlet, now Habyt APAC).
Centered on "thoroughly simplifying contract procedures" and "creating resident communities," the company has pioneered flexible living as a new lifestyle standard in Tokyo and Osaka.
The external environment remains highly favorable. As the number of foreign visitors to Japan continues to set new records annually in the post-pandemic era, the rise of borderless work styles—such as digital nomadism—has led to a rapid expansion in demand for mid-to-long-term international residents. Recognizing that global mobility is reaching unprecedented levels, the company determined this to be the ideal timing to expand the operations it refined in Japan into the broader Asia-Pacific region.
Singapore’s Hmlet
Through this acquisition, the total number of units under management by Hmlet Japan (1,613 units), Blueground Japan (253 units), and Habyt APAC (829 units in Singapore; 232 units in Hong Kong) will reach 2,927 units. This establishes the group as a major player in the Asia-Pacific (APAC) region among Japan-based flexible living operators.
Following the acquisition, Habyt APAC will be led by Yoan Kamalski, the original founder of Hmlet Pte. Ltd. in Singapore who currently serves on the Board as Director of Hmlet Japan.
## Hmlet Properties in Singapore
Common areas of our property in central Singapore
Flagship property in Singapore
## Background: Expanding to APAC After Six Years of Growth in Japan
Hmlet Japan was established in 2019 as a joint venture between Mitsubishi Estate Co., Ltd. and Singapore-based Hmlet Pte. Ltd. (the original Hmlet, now Habyt APAC).
Centered on "thoroughly simplifying contract procedures" and "creating resident communities," the company has pioneered flexible living as a new lifestyle standard in Tokyo and Osaka.
The external environment remains highly favorable. As the number of foreign visitors to Japan continues to set new records annually in the post-pandemic era, the rise of borderless work styles—such as digital nomadism—has led to a rapid expansion in demand for mid-to-long-term international residents. Recognizing that global mobility is reaching unprecedented levels, the company determined this to be the ideal timing to expand the operations it refined in Japan into the broader Asia-Pacific region.
Singapore’s Hmlet