Co-living is constantly developing, especially to fulfill the changing housing and living needs of people in urban areas. This means that a lot of common myths have become more obsolete as this concept evolves, grows, and transforms. Here, we look at some of the typical myths about co-living that have developed over time and debunk them.
What Is Co-living?
Co-living is a relatively new concept of rented community living. Through this, companies have also been providing shared living spaces with each tenant having their bedroom and communal areas. Coliving is becoming popular because people have the opportunity to live and interact with like-minded people. Also, the services and amenities provided make these communal spaces a home away from home for the residents.
Co-Living = Living in a Hostel or Dorm:
The most common misconception regarding co-living spaces is that they are synonymous with hostels and dorms. Though there are some similarities between hostels and co-living spaces, such as reasonable prices and a sense of community, the two are very distinct ideas.
Co-living spaces provide considerably better and higher living standards. They are typically beautifully designed and offers all the comforts you can enjoy at home. Such spaces also provide all the basic amenities and services such as an air conditioner, wireless internet connectivity, kitchen, 24/7 CCTV surveillance and security, and more
Co-Living= No Privacy:
As the concept of co-living is based on community and shared living experiences, it is commonly believed that people living there have no privacy. However, this is not true. You do not have to compromise with your privacy while living in a communal space. Co-living facilities provide shared amenities like common lounge areas, laundry rooms, and social kitchens, common roof space to bring people together and connect, but you also have your own personal rooms with ensuite bathroom and workstation in your room to enjoy your privacy.
Co-Living Is Only for Students and Millennials:
It appears that the co-living spaces are made to meet the needs of the younger generation only, but this is incorrect. Co-living is a great flexible housing option for people of every age group.
People prefer to rent a co-living because it offers them with all of the benefits of living in a house without the trouble of selling or renting it out when they relocate to another place. In today’s time, people want to rent convenient, modern residential options at affordable prices. People across different age groups want to live in a collaborative environment and form a global network for themselves. If you are an expat travelling to Singapore, co-living can be a great option for you. Even the locals prefer to live in co-living in the post-pandemic period. Living in communal space provides a peaceful and perfect atmosphere to work remotely.
Co-Living Is Not for Family or Couples:
There is a misconception that co-living spaces are not suitable for families or couples. However, this is not true. There are different types of co-living spaces. Some of these are designed to cater to the needs of young professionals while others are designed keeping in mind the requirements of families and couples. Communal living allows families to share resources and connect with each other in a more meaningful way.
Co-Living Is Only for People Working Remotely:
This misconception is not completely true. Co-living has plenty of benefits for individuals who work remotely. There is a separate workstation for each member in their room, so that members may work productively and peacefully for long periods of time in a good environment. However, because most co-living premises are located within or near the CBD and MRT stations/ bus stops, they are also an excellent housing alternative for individuals who need to be in the office every morning.
The co-living spaces in Singapore provided by Coliwoo are conveniently located islandwide and offer great connectivity to the entire city. What’s more, there are supermarkets, eateries, shopping malls, restaurants, and recreational parks nearby for ease of our members.
Co-Living Is Only for Short Term Rentals:
This is certainly not true. There are a variety of co-living alternatives available, including short, medium, and long-term rentals. Coliwoo allows you to rent a co living space in Singapore on a flexible basis, with a minimum of one week. You can extend your contract for as long as you want to live there.
Co-Living Is Expensive:
It may seem that renting a co-living space is expensive but this is not true. These spaces are much more affordable than apartment rentals in Singapore. As co-living spaces are fully furnished, the additional cost of furnishing and renovation is also saved. Other expenses such as internet and maintenance fees are also spared. To top it off, renting a coliving space in Singapore means that you are not required to pay agent fees.
Co-living spaces are gaining a lot of popularity these days. Hopefully, this article corrects all your misconceptions regarding this up-and-coming concept. Coliwoo provides the best co-living spaces for rent in Singapore. If you are looking to rent a room in Singapore connect with us today!