Co-Living Spaces in Singapore: What’s the Appeal? [+Top 5 Operators]

Shania Wong
Updated:
Co-Living Spaces Singapore: What's the Appeal and Is It Worth It? [Plus the Top 5 Operators Locally]

Co-living has been on the uptrend in Singapore. After a year and a half of pandemic-induced WFH and HBL arrangements, young adults are leaving the nest in pursuit of their own space.

But if freedom is what you want, co-living is just one out of a few options. Question is, is it right for you?

Today, we’ll examine:

  • What co-living is and how it compares to renting or buying
  • How much it costs
  • The pros and cons
  • The top 5 co-living spaces in Singapore

What is Co-living? Why Is It So Popular?

Co-living is like living in your own version of Netflix’s Terrace House.

But aside from the beautifully furnished apartments and packaged cleaning services, the main draws are the organised events and common areas meant for socialising. 

Think game nights, parties, and even professional networking — you’re immersing yourself in a community of interesting individuals from all walks of life.

Of course, that means a prerequisite is that you actually enjoy interacting with strangers. If you’re an extreme introvert who only occasionally emerges for social events, co-living might not be for you.

Here are 3 questions to consider before booking your nearest co-living space: 

  1. Do I enjoy networking and meeting new people?
  2. Can I concentrate on my work and stay productive with many others in the same space?
  3. Do I mind sharing common areas with others? (e.g. kitchen, bathroom, living room)

How Does Co-Living Compare To Renting or Buying?

For starters, here’s a breakdown of the average costs:

Co-LivingRentingBuying (BTO)
Average Monthly Prices$1,000-$2,000 From $350 Depends on your monthly loan repayment amount
LocationsIsland-wideIsland-wideLimited availability
Minimum Rental Period1 week3 to 6 monthsN.A.
Payment TermsWeekly/monthlyMonthlyMonthly
DepositUsually 1 month’s worth of rentUsually 1 month for a yearlong lease / 0.5 months for a half-year lease10% flat downpayment, legal fees and stamp duties
Hidden FeesNoneUnit repairs, cleaning expenses before handover, agent expenses (if applicable), etc.None

A caveat: co-living is very different from renting a room in a flat or buying a BTO. They’re more comparable to renting a room in a swanky, community-oriented condo — and their prices reflect it.

For one, they come with benefits such as regular housekeeping, private bathrooms, and so on. Certain co-living spaces even include large communal spaces such as outdoor courts and outdoor terraces, which you won’t find with HDB rentals. 

Still undecided about which option to choose? Here are the pros and cons of each decision to help you along:

Co-Living Pros & Cons

Pros and Cons of Co-living Spaces in Singapore

Top 5 Co-Living Spaces in Singapore

Now that we’ve gone over the pros and cons of co-living, let’s introduce the top 5 co-living operators in the local scene. We’ve ranked them based on their starting prices in ascending order so it’s easier for you to compare prices.

Each of these co-living options boast great locations: they’re usually located near MRTs or in districts with tons of food and entertainment options nearby.

Co-Living SpaceRoom TypeStarting Prices
CoveBedroom with Private Bathroom$600
HmletPocket Room$1,040
ColiwooSingle Suite$1,200
CommontownStandard Room$1,300
FigmentFigment Studio$1,500

1. Cove

Having been through their fair share of subpar rental experiences as tenants, the founders of Cove set out to make the property rental process as smooth and seamless as possible. Today, they’ve housed over 1,333 tenants for more than 216,768 nights.

Amenities (Vary depending on the listing you choose):

  • BBQ pit
  • Jacuzzi
  • Gym
  • Lounge and dining pavilions
  • Balcony
  • Air conditioning

Cost:

Cove has a 3-tier membership system (Basics, Classics, Luxe) that affects what amenities and furnishings you receive in your co-living apartment. It also changes the overall cost of your rental.

Room TypeFits how many?Inclusive of?Starting Price
Bedroom with private bathroom1-2 paxBed
Air conditioning
Private bathroom
Furnishing depends on your membership tier
$600
Bedroom with shared bathroom1-2 paxBed
Air conditioning
Furnishing depends on your membership tier
$1,100
Studio1-2 paxBed
Private bathroom
Furnishing depends on your membership tier
$2,100

Minimum Rental Period: 3 months

Popular Locations:

  • Orchard
  • Tanjong Pagar
  • CBD & Marina Bay
  • Tiong Bahru
  • Geylang & Joo Chiat

Reasons people love co-living here:

  • Cove places great emphasis on flatmate compatibility. They generate flatmate compatibility reports and offer flatmate matching services for tenants to make the cohabitation experience more pleasant.
  • Cove has a great all-in-one member app that allows tenants to manage their tenancy, connect with flatmates, and network with the wider Cove community on top of access to exclusive offers and more.
  • Perks that come with being a Cove member include discounts on popular brands (e.g. Grain, Hipvan, Kipos, Blue Sky Escapes).

2. Hmlet

Hmlet is a well-known name in the local co-living scene. Conceptualized in 2016, they’ve now expanded to over 100 locations with more than 1500 properties and a 90% occupancy rate.

Rooms here have high turnover rates and demand. Places nearer to the CBD get booked very quickly. If you see a room you like, snag it fast!

Amenities (Vary depending on the listing you choose):

  • Communal lounge area and kitchen
  • Air conditioning
  • Balcony
  • Tennis courts
  • BBQ pits
  • Swimming pools, etc.

Cost:

Room TypeFits how many?AmenitiesStarting Price
Pocket room1 paxSingle-sized bed set
Wardrobe
Ensuite bathroom (for select listings)
$1,040
Regular room1 paxQueen-sized bed set
Shared bathroom
Bedside table
Shelves
Wardrobe
$1,313
Master room2 paxQueen-sized bed set
Ensuite bathroom
2 bedside tables
Shelves
Wardrobe
$1,890

Minimum Rental Period:

  • 6 days (Cantonment only)
  • 3 months minimum at all other locations

Popular Locations:

  • Tiong Bahru
  • Emerald Hill
  • CBD
  • Bukit Timah
  • River Valley

These spots have various supper and entertainment options close by, hence the popularity!

Reasons people love co-living here:

  • Convenience at their fingertips! Lazy members can book room cleaning or laundry services through the Hmlet app. They also get exclusive special rates off popular brands such as Nike and F45.
  • Member-only curation of new experiences such as sketch walks, dumpling-making workshops and face-painting sessions.
  • Members can make use of Hmlet’s communal lounges or rooftops to host their own events for free.

3. Coliwoo

Coliwoo’s trendy design and spacious communal areas encourage members to forge new relationships and make unforgettable memories together. Think social kitchens, social gyms, and reading lounges — these communal areas are also where numerous in-house programs take place, offering members fun opportunities to socialise, learn new things, and expand their horizons.

Amenities (Vary depending on the listing you choose):

  • Gym
  • BBQ pits
  • Game & cinema room
  • Communal kitchen and lounge
  • Laundry area (washer and dryer)
  • Multi-purpose court

Cost:

Room TypeFits how many?Inclusive of?Starting Price
Single1 paxSingle-sized bed set
Mini-fridge
Table & Chair
Smart LED TV
Ensuite bathroom
Wardrobe
Wifi
Air-conditioning
$1,250
Twin2 pax2 Single-sized bed sets
Mini-fridge
Long workstation
Smart LED TV
Ensuite bathroom
2 Wardrobes
Wifi
Air-conditioning
$1,900
Queen Large Suite1-3 paxQueen-sized bed set
Mini-fridge
Table & chair
Smart LED TV
Ensuite bathroom
Wardrobe
Wifi
Air-conditioning
$2,500

Minimum Rental Period: 1 month, after which the contract can be extended for as short a period as a few days

Locations:

  • Boon Lay
  • Botanic Gardens
  • Keppel
  • Balestier
  • Marine Parade

Some reasons people love co-living here:

  • Convenience! Great connectivity with all amenities in one space. Tenants don’t need to head out or pay for an additional gym membership.
  • Exclusive benefits from brands such as GetGo car sharing, San Bakery, etc.
  • Availability of various health and wellness events apart from just social events (e.g. airplanting, short workout sessions)

4. Commontown

Hailing from Korea, Commontown aims to provide more than just a comfortable and convenient space. They want to create a place where members have the freedom to live out inspired and aspirational lives as part of a wider community that supports one another. To date, Commontown has established 57 homes in both Singapore and Korea that have housed over 600 members.

Amenities (Vary depending on the listing you choose):

  • Gym
  • Swimming pool
  • Basketball and tennis court
  • BBQ pits
  • Function and billiard rooms

Cost:

Room TypeFits how many?Inclusive of?Starting Price
Standard Single room1-2 paxQueen size bed
Shared bathroom
Air conditioner
Wardrobe
Bedside table
Lamp
Mirror
$1,300
Junior Master room1-2 paxQueen size bed
Ensuite bathroom
Air conditioner
Wardrobe
Bedside table
Desk and chair
Lamp
Mirror
$1,600
Master room1-2 paxQueen size bed
Ensuite bathroom
Air conditioner
Walk-in wardrobe
Bedside table
Desk and chair
Lamp
Mirror
$1,900

Minimum Rental Period: 3 months

Popular Locations:

  • Tiong Bahru
  • Paya Lebar
  • Novena
  • One-North
  • Lavender

Some reasons people love co-living here:

  • Pet-friendly living space
  • Offers yoga and fitness events for tenants apart from social events, which is a great change of pace.
  • Aesthetics are very popular amongst tenants, especially with the minimalist, IKEA showroom vibes.

5. Figment

Figment flips old shophouses and breathes new life into these old structures. Currently, they’ve remodelled over 21 shophouses that have housed over 150 members. They boast a 90+% adoption rate.

Amenities (Vary depending on the listing you choose):

  • Air conditioning
  • Laundry and dryer machine
  • Weekly cleaning services
  • Outdoor roof terrace
  • Fully equipped kitchen

Cost:

Room TypeFits how many?Inclusive of?Starting Price
Studio1-2 pax1 complimentary set of bedding, towels, and bath essentials
Queen Bed
Ensuite Bathroom
Study Desk & Chair
$1,500

Minimum Rental Period: 1 month

Popular Locations:

  • Little India
  • Orchard
  • Balestier
  • Joo Chiat
  • Jalan Besar
  • Tanjong Pagar

Some reasons people love co-living here:

  • Great place for influencers to take photos and “show off” on social media due to the intricately-designed, aesthetic spots within the shophouses.
  • The space’s sense of history and depth of design maintains an old-world charm that is difficult to find nowadays.
  • Unique experience living in a revamped heritage shophouse