Joanna James
Co-living is the way of the future. Since the beginning of the 90s, millennials have been moving into bigger cities in pursuit of jobs. As a result, the housing markets have become saturated with more people than they can handle; especially in cities such as Singapore.
In such cases, the newest trend has become co-living. One of the main reasons why people consider such options is due to the lack of land in Singapore. Co-living enables many people who come from different walks of life but are in the city for work, to share amenities and spaces. Thus making more apartment blocks a less urgent item. Co-living is also incredibly affordable, thus giving opportunity for those who cannot afford their own home to venture into the bigger cities.
Luxury is another matter that can be experienced by those who don't have the budget for it, should they be living alone. In a co-living situation like the one offered by lyf Funan, you will able to make use of luxury amenities and comfortable co-living spaces. The community will also have access to facilities such as WIFI and the gym. Some of these things would be quite difficult to afford for those paying a large mortgage on a house or apartment.
Co-living spaces in Singapore and all over the world are a rather modern concept. As such, they are all equipped with the latest in home appliances and security systems. Smart Living is the way of the future where temperature-controlled environments are user-friendly while at the same time being extremely sustainable and low on the carbon footprint. These sort of smart utilities will also help cut down on consumption making it a great investment in the long run.
Thanks to technological advancements, the secure living aspect of co-living is also enhanced. Not only do you get the human aspect where you and your fellow housemates can take advantage of safety in numbers, but you can also experience the best in new security systems such as motion sensors and CCTV cameras making sure that your stay is a safe and secure one.
Thanks to many factors such as affordability and others mentioned above, co-living spaces are able to be located in prime city centres. Especially in a cosmopolitan city like Singapore, you will find co-living spaces in the most accessible locations. You will find a plethora of external facilities like hospitals, shopping malls, the business district, and more within close proximity. You will also find plenty of commuting options when you are going to work. As such, millennials and people who have jobs in the city but can't afford to own a house or rent an apartment will still be able to commute to work in a couple of minutes without spending hours stuck in rush-hour traffic. In case of an emergency, you will have all facilities nearby so you don't have to worry about any potentially dangerous situations.
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