Co-living is starting to make its name in the property industry and renters everywhere are starting to be familiar with the concept. But what is it exactly? Well, we’re here to talk about it in depth and enlighten you.
What is Co-living?
Co-living is a concept where several people come to live under one roof with private bedrooms and shared common areas. These shared common areas usually include a shared kitchen, shared laundry area, a shared lounge and sometimes a shared bathroom.
Naturally, the shared common areas are there for you to make connections with others while being able to complete all your daily chores and necessities. Often, people find or form communities within these spaces to support and be there for each other, almost like a family away from home.
Co-living with Swing and Pillows
Swing and Pillows puts a little twist on the concept by repurposing hotels and making them into co-living spaces. This way, tenants will be able to have their own en-suite bathrooms and private bedrooms rather than share a bathroom with other people. The overall look and feel of the rooms and properties are rather luxurious as well since they were taken over from hotels.
Additionally, the room doors are fireproof doors which are repurposed from the hotel’s previous implementations. In a way, you’re living in an extra safe property with better fire precautions as it takes hours for the fire to burn through these doors, keeping you safe inside.
The Plus Side of Co-living
Convenience
There are many benefits to co-living and convenience is one of them! Since co-living properties typically have a ton of shared areas provided, you don’t have to fork out more money to do your laundry or buy food. Instead, you can cook up some delicious meals on your own and wash your clothes in the provided areas.
Furthermore, these spaces are usually located in an area where public transportation is easily accessible. You don’t have to spend a lot on fuel or e-hailing services since the bus, LRT or MRT stations are typically within walking distance.
Community
Another reason why co-living is a great pick for most is the community that it brings. Let’s face it, humans are social creatures and we can’t go too long without some form of social or human interaction. Co-living brings people together through proximity as you occupy the same space and run into each other daily.
Plus, in some co-living spaces, they encourage those with the same ambition, ideals and way of life to live together. This way, you can ensure a harmonious and understanding relationship with each other. That sense of belonging will make you cherish and build long-lasting bonds with each other which helps to support you through life.
Affordability
As mentioned before, the shared areas provided are highly convenient and can save you a lot in the long run. Co-living is designed to be affordable housing and is great for those who can’t afford to purchase property in the current housing market. Additionally, you pay for your own electricity and water usage and don’t have to worry about furniture and facilities.
Truthfully, it’s a no-brainer for young adults and working adults to choose co-living over other accommodation options. You’ll be able to save money, have all your needs easily met and connect with others!