Tips for choosing co-living space in Singapore
The concept of coliving space is quite simple. It is that you live in an apartment or a house with other people, and yet have your own private space and with extra money you have your own bathroom and while sharing the rest of the house and its facilities with the other occupants and in some cases the bathroom too.
The spaces — from shophouses and condo units to mixed-use properties
with addresses that are fittingly flip — are beautifully designed and fully
furnished, ready for you to move in, just your suitcase with you. Some of them
even come with facilities like gyms, swimming pools and business centres.
But more than the social media-worthy surroundings, it’s the people
that’s the exciting part. Co-living is touted as an exclusive opportunity to
join a community of interesting individuals with rich life experiences,
compelling backgrounds, diverse views and hefty life goals — you know, all the
missing magic ingredients in your staid, Singaporean life that inspire and
propel you towards the true purpose of your life.
Co-living operators go as far as to help you get to know your housemates
and community, by hosting activities such as game nights and get-togethers. For
one, it’s a wonderful opportunity for adventurous young adults to move out and
be independent. And since you’re essentially sharing a house, co-living should
be pretty affordable!
The range of space ranges from $2500 to as minimal as $1250. Pretty good
if you don’t have much hobbies But, more to the main thing that co-livingspaces in Singapore are not cheap. Given the combination of prestige, being
exclusive and beauty you’d better believe rents reach head turning prices.
Some of the lowest prices we
could find for each companies throughout the internet in spaces in Singapore. Now
let’s find out what exactly your rent will buy you.
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Starting from $1,500 a month, you can get to enjoy co-living in famed
heartland towns like Queenstown, East Coast or Novena. You’ll get your very own
bedroom with single bed complete with bedframe and mattress, a wardrobe and
side tables. The rent consists of unlimited WiFi and utilities and once-a-week
housekeeping.
If you’re in the market for something more higher than this, go for the
Orchard Road properties. You can rent your very own common bedroom at a condos
starting at just $2,185 per month.
COVE
One of the larger co-living players in Singapore, COVE prides itself on
its range of condominium properties that come in a variety of heights, gardens,
views,and made-up words like ‘trillium’.
From just $1,300 a month, you can experience elevated residential living
in popular districts like Newton, peeking out from your private Junior Standard
Room. You’ll get to enjoy unlimited use of the kitchen, living and dining
areas, along with all the utilities and comforts of home.
The downside of the property is that you will have to share a common
bathroom but nobody needs to see that. Not when your social media will be
filled with photos of you lounging by the pool or pumping iron at the gym.
hmlet
With a name that eschews vowels and language rules, you know that hmlet
(trendily, short for ‘hamlet’) avoids anything to come with fuss. They have
properties scattered all over Singapore, making them one of the largest players
on the market.
And judging by how sparkily designed their spaces are, it’s easy to see
why hmlet is a popular choice. Think bright, airy interiors, clean lines and
eye-catching fittings with aesthetic viewing.
Another thing that hmlet also boldly does away with is the need for space
and bathroom privacy. With their snaringly named Pocket Rooms (starting from
$1,260 per month), you’ll get a single-sized bedframe and mattress, plus a
personal wardrobe.
The shared bathroom arrangement simply means you’ll get to know your
housemates that much more. Say, their favourite shampoo, a fact that will
surely come in handy during the inevitable get togethers.
Even if you want your own personal bathroom and is uncomfortable with
sharing it, that option is available too — simply up your rent to around $2,700
a month.
commontown
Priding itself on its range of co-living spaces in Singapore’s colourful
suburbs, commontown offers a mix of walkup shophouses and condo units. The
decor of the apartments are slightly more eclectic here with some featuring
bold splashes of colours paired with classic fixtures, and others looking like
they came right off the cover of a modern interior design magazine.
Rents start from $1,300 a month, and even the smallest rooms seem to
include a queen-sized bed, a feature you’ll appreciate when you toss and turn
about at night worrying about making rent.
Take heart that basic household supplies will be supplied as are weekly
housekeeping, high-speed WiFi and a full set of beddings.
Gnomadic
Looking for something a little more upmarket? Then Gnomadic is the
company you want. With properties in chic neighbourhoods like Tanglin, Orchard
and Oxley, you can look forward to elevating your net-worth everytime you take
a breath.
Gnomadic offers a discerning selection of high-end condominiums. You
know, the type that comes with a clubhouse, sun deck and rooftop gardens, on
top of the customary gym, swimming pool and, of course, tennis courts.
Rents start from $2,500 per month. Even then, you may still have to
share a ‘semi-private bathroom’ (we’d have to live here to fully understand
what this means).
Figment
If you’ve ever wanted to live a fairy-tale life, check out Figment’s
selection of fine private suites. Located in some of the best-kept shophouses
on the island, these co-living homes are the perfect setting for an episode of
Crazy Rich Peranakans. Just strike a pose in front of the immaculately-restored
entrance courtyard.
Full-length windows, spiral staircases and reflecting pools are just
some of the lovely fittings you’ll get to (co)-enjoy with your housemates,
which Figment promises would be perfect for an “entrepreneur, creative spirit
or design geek”. The perfect company to spur you on your quest to be the next
Ernest Hemingway, in other words. Monthly rents start from $1,600.
So, what’s the difference between co-living and renting a room?
Besides rent that costs two times higher (or more), and perhaps more
interaction, co-living is exactly the same as renting The only difference is
that you will not be living with your landlord in a co-living space even though
your host may check in on you every once a while. Which with normal rentals,
you may be able to rent a room from someone who is stationed overseas, which
means you’ll have the run of the entire apartment without paying for all of it!
However, if you’ll only be in Singapore for the short term (say 3
months), you may find it difficult to rent a room locally, owing to a higher preference
for long-term tenants among landlords. In that case, co-living spaces may be
the ideal solution for your tension free living
As an added bonus, you may actually get to meet some interesting
housemates and create some unforgettable memories and relationships that lasts
a lifetime.
Co-living spaces — are they for you?
Well, if you are a grumpy guy, struggling to keep up with an
increasingly accelerated world, co-living can stress you out a bit. And even
though the move into a hip space seems tempting (make no mistake, these
co-living properties look utterly stunning in photos), Many can find wondering
if I’d want to shell out a pretty penny every month.
Then again, co-living spaces would be the perfect escape for young
Singaporeans living with parents for far too long (er…thanks, Circuit Breaker).
Let’s be honest: it’s okay to get tired of ‘quality time’ if you’re all under
the same roof 24/7 for over 5 months at a stretch.
Annie Low*, a 24-year-old graphic designer and an user of co living
spaces moved into a 1-room at hmlet soon after Singapore went into Phase 2 of
reopening. “I’ve lived with a big family all my life. But with younger siblings
who are still in school, it was getting harder and harder for me to work out of
home during these last few months. It will get pretty noisy. And I realised
just how much I needed my own space to think and work. I made up my mind to
move out and co-living spaces came to my rescue — all I had to do was carry my
bags!” she laughs.
Co-living spaces are, indeed, touted as move-in ready. It’s also the
perfect hook for working professionals either living here for the short-term or
Singaporeans who love the idea of making new connections. Vivek Goel*, a
27-year-old expat, looked no further than a co-living option for the same
reason: “I needed new connections and friends when I moved to Singapore a year
ago. Co-living was a no-brainer for me. The fact that I can go into my room
when I want my me-time and come out to socialise when I feel like, has been a
blessing.”
So, does co-living residences mean you pay through the nose for the
privilege of having your own bathroom? Yes. Does it also mean having a space to
yourself and a network of people who could help you grow professionally? Also,
yes. And that’s enough reason for most young singles to clear a sizeable cheque
every month.
Some terms and conditions if you would be living in some of these spaces
in the near future is that
The Down Payment
As with all long-term rentals, you’ll likely be required to pay a
security deposit prior to moving in, in addition to your first month’s rent.
Any damages incurred during your stay will then be deducted from your deposit,
and the balance refunded to you after you go out.
Know What You’re In For
As far as possible, always arrange for an apartment viewing. It can help
to get relieved of the stress.
Minimum Rental Period
In Singapore, the minimum tenure period’s three months — although
co-living space Hmlet does offer week-long stays at its Cantonment Road
apartments.
Payment Terms
You may be required to pay on a monthly or quarterly basis, depending on
your length of stay and lease terms. The amount will typically be deducted on a
fixed date, so make sure you’ve a sufficient amount in your bank.
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