Co-living rooms with discount for S’pore youth

Co-living rooms with discount for S’pore youth


SINGAPORE – Young Singaporeans who want to live independently, including singles and couples waiting for Build-To-Order flats, can rent discounted rooms across three co-living properties from July 25.

More than 100 rooms will be up for rent at 1925 Quarters in Jalan Besar, Coliwoo Boon Lay and Coliwoo Lutheran in Bukit Timah under a new independent living initiative.

Prices start at $1,800 a month per room, about 30 per cent below the usual rates. Options include twin and queen rooms.

Applications are on a first-come, first-served basis. The scheme is open to Singaporeans aged 21 to 35.

It is part of the SG Youth Plan, a five-year blueprint announced by the National Youth Council (NYC) and the Ministry of Culture, Community and Youth (MCCY) on July 25, comprising more than 20 initiatives to help young Singaporeans in areas such as careers, well-being and relationships.

A co-living unit with two single-sized bed at Coliwoo Boon Lay.

A co-living room with two single beds at Coliwoo Boon Lay.

ST PHOTO: GAVIN FOO

NYC and MCCY said the initiative is meant to address young people’s desire to live independently. Having a place of their own has consistently ranked among their top life goals, according to the National Youth Survey in 2025.

The initiative also aims to foster connections among youth, whose social circles are shrinking. The same survey found that 8 per cent of respondents in 2025 said they had no close friends, double the 4 per cent recorded in 2013.

Coliwoo is offering 70 rooms at its Boon Lay property with monthly rents starting at $1,950, and 30 rooms at Lutheran from $2,000, excluding utility bills. Up to a quarter of its rooms will be set aside for the initiative.

Coliwoo founder Kelvin Lim said the scheme was a meaningful way to support young people in Singapore while helping to reduce the company’s typical vacancy rate of 5 per cent.

The company and the other private operator, Eco-Energy, will absorb the subsidies under the scheme, which Lim said would cost Coliwoo about $600,000 a year.




Read Full Article At Source

Share. Save. Don't Miss The Buzz: XFacebookRedditLINETelegramWhatsAppGmail