The Assembly Place IPO: Price, Date & Debut Performance

A co-living operator that started in Singapore just a few years ago has made its public market debut, and investors are already paying close attention. The Assembly Place Holdings Ltd. raised about SGD 18.5 million through its initial public offering on the SGX Catalist board, setting the stage for what could be a bellwether for the city-state’s growing community-living sector. Here’s a fact-packed look at the IPO price, subscription rate, first-day trading performance, and what the company actually does.

IPO Price: SGD 0.23 ·
Opening Price on Debut: SGD 0.31 (34.8% above IPO) ·
Subscription Rate: 5.2 times oversubscribed ·
Shares Offered: 51.0 million ·
Funds Raised: SGD 18.5 million ·
Listing Date: 23 January 2026

Seven key figures from the IPO, one pattern: investor appetite for a Singapore co-living play.

What was the IPO price of The Assembly Place?

What was the original IPO price per share?

• The Assembly Place priced its initial public offering at SGD 0.23 per share, according to the prospectus filed with SGX (The Business Times). The offer represented a 34.8% discount to the first-day opening price — a strong initial gauge of demand.

What was the total number of shares offered?

• The IPO comprised about 51.0 million invitation shares, split into 48.3 million placement shares for institutional investors and 2.0 million public offer shares (The Business Times).

When was the IPO launched and closed?

• The IPO was announced on 14 January 2026, the prospectus was made available on 20 January, and the offer closed at noon on 21 January 2026 (The Straits Times).

Where is The Assembly Place listed?

• The Assembly Place Holdings Ltd. is listed on SGX Catalist, Singapore Exchange’s sponsor-supervised board for growing companies (SGX announcement). The listing sponsor is SAC Capital Private Limited (SGX sponsor filing).

The implication: The strong subscription rate underscores demand for a rare public co-living vehicle.

Who owns The Assembly Place?

Who are the founding owners?

• The company was incorporated in Singapore as a private limited company on 5 January 2023 (SGX interim financial statement). The founding owners are not named in public filings in detail, but the prospectus lists the board of directors and substantial shareholders, which become clearer after the IPO share register is filed.

What is the ownership structure after the IPO?

• As part of the IPO, the company converted from private to public limited company and changed its name to The Assembly Place Holdings Ltd. (SGX interim financial statement). Post-IPO ownership percentages are not yet publicly available from SGX’s filings; we expect the next annual report to disclose them.

Who is on the board of management?

• According to the prospectus and SGX filings, the board includes key executives with experience in real estate and hospitality. The company’s longtime general manager is listed as part of the management team, though full biographies are not yet published (SGX interim financial statement).

The pattern: Post-IPO ownership transparency will be a key trust signal for new investors.

What is the current stock price of The Assembly Place?

What was the opening price on the first day?

• The stock opened at SGD 0.31 on its Catalist debut on 23 January 2026 — a 34.8% premium to the IPO price (The Business Times debut article). By 9:32 a.m. it had reached SGD 0.335, up 45.7% from IPO price.

How has the stock performed since listing?

• By the midday break on the same day, the share price settled at SGD 0.295, still 28.3% above the IPO price (The Business Times debut article). It closed the debut session at SGD 0.29 with 17.3 million shares traded (The Business Times debut article). SGX’s official IPO performance page confirms a listing date of 23 January 2026 and an offer price of SGD 0.2300 (SGX IPO performance page).

Where can I find real-time stock data?

• Real-time trading data for The Assembly Place (stock code not yet assigned) is available through SGX’s market data feed and through major brokerages in Singapore (The Business Times debut article).

The catch: Early gains may not predict sustained performance.

How did The Assembly Place perform on its debut?

What was the percentage increase on the first day?

• The stock opened 34.8% above the SGD 0.23 IPO price, hit a high of SGD 0.335 (45.7% above) and closed at SGD 0.29 (26.1% above) (The Business Times debut article). That is a robust debut by any measure — especially for a company that began operations just three years earlier.

How does this compare to other recent IPOs?

• Initial public offerings on SGX Catalist have historically seen mixed first-day performances. The Assembly Place’s 34.8% opening gain places it among the stronger debuts for Singapore-listed companies in 2026, though direct comparisons are limited because the sample is small (The Business Times IPO launch article).

What factors contributed to the strong debut?

• Demand from retail investors was strong — the public offer was 5.2 times oversubscribed (The Business Times IPO launch article). The co-living sector tailwind, along with The Assembly Place’s claim to be Singapore’s largest community living operator, helped attract buyers (The Straits Times).

What this means: Post-listing financials will be the true test of valuation.

What is The Assembly Place’s business?

What services does The Assembly Place offer?

• The Assembly Place is a co-living and serviced apartment operator based in Singapore. It manages residential units under a community-living model — tenants get a private room plus shared common areas and amenities (The Straits Times).

How large is its portfolio in Singapore?

• The company states it is the largest community living operator in Singapore by number of units, though exact unit counts are not detailed in the public filings reviewed (The Business Times IPO launch article). The SGX prospectus is expected to contain portfolio data.

What is its competitive position in the co-living market?

• Singapore’s co-living market includes players like Hmlet, Cove, and other operators. The Assembly Place differentiates on scale and the claim of being the largest community-living operator, which was used in the IPO marketing (The Business Times debut article).

Investors should weigh the strong debut against the risks of a new listing on Catalist.

Timeline: The Assembly Place IPO

• 14 January 2026 — IPO placement announced: SGD 18.5 million at SGD 0.23 per share (The Business Times IPO launch article)
• 20 January 2026 — IPO prospectus published on SGX (The Straits Times)
• 21 January 2026 — IPO closes at noon; 5.2 times oversubscribed (The Business Times IPO launch article)
• 23 January 2026 — Shares commence trading on SGX Catalist at 9:00 a.m.; open at SGD 0.31 (34.8% above IPO) (The Business Times debut article)
• 23 January 2026 — Close at SGD 0.29 with 17.3 million shares traded (The Business Times debut article)

In a span of nine days, The Assembly Place moved from a private entity to a publicly traded company on SGX Catalist. The implication: the speed of listing — from announcement to first trade in just over a week — signals a well-prepared sponsor and strong institutional backing.

Clarity check: what’s confirmed and what’s unclear

“The counter closed its debut session at S$0.29 with 17.3 million shares traded.”

The Business Times (Singapore’s business daily, citing market data)

“The company is the largest community living operator in Singapore.”

The Assembly Place (via IPO marketing materials, reported by The Business Times)

The debut gave retail investors who got allocated shares a clear 34.8% paper gain at the opening bell. For institutional buyers, the question is whether the co-living business model can deliver steady earnings growth in Singapore’s regulated rental market. The answer will emerge in the first quarterly report post-listing.

Investors keen on the coliving operator’s market debut can find comprehensive The Assembly Place IPO details on the Singapore Brief platform.

Frequently asked questions

Investors should consult the prospectus directly for complete details.