Co-living rooms with discount for S'pore youth
Singaporean youth aged 21 to 35 can now rent co-living spaces at a 30% discount as part of the new SG Youth Plan. The initiative aims to support independent living and foster social connections among young people.
Why it matters
Addressing housing affordability and social isolation among youth is a key policy priority for urban centers facing demographic shifts.
Coliwoo is offering 70 rooms at its Boon Lay property, with monthly rents starting at $1,950, excluding utility bills.
Listen Summarise Young Singaporeans aged 21 to 35 can rent co-living units at about 30% off in three properties, supporting their desire for independent living under the SG Youth Plan. Private operators Coliwoo and Eco-Energy will absorb subsidies for this initiative, offering furnished rooms with social activities to encourage community. MCCY and NYC will create 12 new "third spaces" by 2026 and provide 20,000 annual social opportunities by 2030 to enhance youth social interactions and family relationships. AI generated
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.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in