Co-living apartments have grown in popularity among expats, young professionals, and digital nomads seeking flexible and reasonably priced housing. These spaces include fully equipped rooms, communal facilities, and a living atmosphere that is centred around the community.
Co-living apartments in Singapore remove the inconvenience of long-term leases and upfront furnishing fees when compared to standard rental options. However, costs in the city-state differ according to location, facilities, and flat style.
Discover these costs in detail below.
Price Factors for Co-Living Apartments
Several factors influence the cost of co-living apartments in the city-state, including:
- Location – Properties in central districts (e.g., Orchard, Marina Bay, and Tanjong Pagar) command higher prices than those in suburban areas.
- Room Type – Prices differ based on whether the unit is a private room, an ensuite, or a shared dormitory-style room.
- Amenities and Services – Higher-end co-living spaces offer housekeeping, coworking areas, gyms, and even concierge services, which increase rental costs.
- Lease Terms – Short-term stays typically have a higher monthly rate than long-term contracts.
- Brand Reputation – Established co-living brands and co-living hotels often charge a premium for their services.
Price Range by Room Type
1. Budget-Friendly Co-Living Spaces (SGD 800 – SGD 1,500/month)
These are ideal for individuals looking for affordable accommodations in the region. Most budget-friendly co-living apartments are in suburban areas such as Jurong, Woodlands, and Punggol. They typically offer:
- Shared rooms or capsule-style setups
- Basic furnishings, Wi-Fi, and utilities included
- Common kitchens and shared bathrooms
- Minimal amenities, with some offering coworking spaces
Popular options in this range include smaller co-living operators and some co-living hotels catering to budget-conscious tenants.
2. Mid-Range Co-Living Apartments (SGD 1,500 – SGD 3,000/month)
This price range is suitable for professionals seeking private rooms with better amenities. These apartments are usually located in city-fringe areas like Kallang, Geylang, and Novena. Features often include:
- Private rooms with shared or ensuite bathrooms
- Fully furnished spaces with modern interiors
- Access to communal lounges, kitchens, and fitness areas
- Weekly housekeeping and maintenance services
Many co-sharing apartments in this category balance affordability and comfort, attracting locals and expatriates.
3. Luxury Co-Living Spaces (SGD 3,000 – SGD 6,000+/month)
High-end co-living options cater to executives and expatriates looking for premium accommodations in prime districts such as Orchard, Marina Bay, and Raffles Place. These properties offer:
- Spacious private rooms with ensuite bathrooms
- High-end furnishings, smart home features, and premium utilities
- Exclusive access to gyms, pools, and rooftop lounges
- Concierge services, laundry, and full housekeeping
Luxury co-living apartments are often managed by well-known operators with international branding, providing a hotel-like living experience.
ALSO READ: Reasons to Move Into a Co-Living Space with Your Partner Before Marriage
Comparing Co-Living Prices vs. Traditional Rentals
Advantages of Co-Living Over Traditional Rentals
- Lower Upfront Costs – No need for security deposits, agent fees, or furniture purchases.
- All-Inclusive Pricing – Rent covers utilities, Wi-Fi, and amenities, reducing additional expenses.
- Flexible Lease Terms – Unlike traditional rentals that require long-term commitments, co-living spaces offer short-term and month-to-month options.
- Community Engagement – Opportunities to network with like-minded individuals.
When Traditional Rentals Are More Cost-Effective
- Renting a private apartment may be cheaper in the long run for tenants planning to stay in the city-state for over two years.
- Traditional leases allow for personalisation and a more private living environment.
- Families and individuals needing larger living spaces may find traditional rentals more suitable.
Conclusion
From reasonably priced shared accommodations to upscale co-living hotels in desirable areas, co-living flats, including co-living hotels in Singapore, accommodate a range of budgets. The type of room, location, and amenities all affect the price. Although co-sharing apartments offer flexibility and convenience, prospective tenants should still compare their options based on their lifestyle needs and budget constraints. Selecting the ideal co-living arrangement in the city-state would be made easier for individuals if they were aware of the pricing variations.
Contact Coliwoo to enjoy a seamless living experience today!