Co-living in Singapore: Here to stay
The co-living sector has evolved as an alternative to conventional accommodation options to cater to the housing and lifestyle needs of a wider following.
- Tan Ling Wei
- Chia Siew Chuin
- Ervin Seow
- Sara Ong
The co-living sector, which encompasses developments that offer living spaces with communal facilities, and programmes that foster community, is a promising sector in Singapore that has blossomed particularly after the COVID-19 pandemic. Despite being in its nascent stage, there are currently some 20 active co-living players and more than 9,000 co-living rooms in the market.
Originally catering to expatriates, international students, and travellers, the sector is gaining attention from longer-stay residents, including local Singaporeans.
In this report, we will further explore the following topics:
What's driving demand for co-living in Singapore?
How are investors strategising their co-living investments?
What are some factors that may hold back or spur the growth of this sector?
Download our report for exclusive insights from investors and operators on the dynamics, challenges, and potential of this increasingly competitive and innovative sector.