Not only are co-living spaces popular with millennials, but they are also quite popular among expatriates living in Singapore and all over the world. Here’s some more insight!
What are co-living spaces?
Simply put, co-living spaces are shred flats in which residents rent individual rooms but share the common spaces such as the kitchen and living rooms. This mode of living is getting popular among many, especially expatriates as they opt for a co-living space in Singapore, the likes of lyf Funan because it a convenient housing arrangement and helps them feel more at home. The rates of these spaces greatly vary depending on the type of room they opt for.
In comparison to other housing options
Although co-living spaces are thought to be relatively inexpensive, research indicates that they are not necessarily cheaper than renting your very own flat.
Is it for everyone?
Although co-living sounds great, it may not always provide you with the most value. While some may prefer the setting in which they are living, it really isn’t for everyone. However, it’s a great option for those who aren’t financially prepared to purchase their own flat yet!
Fritzjames Stephen is a travel writer, who writes content based on the myriad of experiences and indulgences that the world has to offer travellers across all walks of life. Google+
