Like everyone in 2023, expats moving to Singapore are faced with the reality of increased cost-of-living expenses. We’re still experiencing the impact of delays in housing construction brought upon by the pandemic. The result? An increased demand for rental accommodation.
What’s more, a recent consumer survey by PropertyGuru revealed that half of all Singaporeans are likely to delay their plans to buy a home due to inflation fears, while one in four are considering dropping their plans completely.
With the rental market looking increasingly expensive and volatile, renting a room in a co-living space like the one offered by Coliwoo is becoming a more viable option in Singapore, for expats and local renters alike.
Co-living in Singapore gives you the best of both worlds. You get your own private space with community areas that allow you to connect with fellow renters from every walk of life. Not sure what else co-living is all about? Here are some of the things you can look forward to at Coliwoo, an urbanised co-living community with locations across the island – including their newest release in the heart of Orchard.
5 perks of staying in co-living apartments in Singapore
#1 Fixed rates provide a more cost-effective solution
This story is from the May 2023 edition of Expat Living Singapore.
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This story is from the May 2023 edition of Expat Living Singapore.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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