Scion of hospitality conglomerate Genting Group sees potential in wellness-based co-living spaces

“The Initial Sama,” from Singapore-based design and architecture firm Cover Projects, sits in a leafy part of Singapore, near the National University of Singapore’s Lee Kuan Yew School of Public Policy and down the road from the city’s botanic gardens. Yet while the almost-70-year-old building sits near a university, the co-living space, which opens in July, isn’t targeting students, nor the executives that normally pick up serviced apartments. 

Instead, Lim Keong Wee, founder of Cover Projects...