Halfway between a dormitory and a condominium, co-living spaces give young professionals–and even students–the chance to live right at the heart of the city at an affordable price.
Living close to one’s workplace definitely has its benefits. For one, it cuts down on the travel time. Another main draw is that lifestyle options young professionals want–hip restaurants, malls, fitness clubs, and more–are all just a few minutes away.
Investing in a condominium, however, might not be an immediate option for many. Co-living spaces just might be the solution for this.
Halfway between a dormitory and a condominium, co-living spaces give young professionals–and even students–the chance to live right at the heart of the city, in a secure, thoughtfully-designed property, at an affordable price.
Here are five of co-living developments located within prime locations in Metro Manila and beyond.
My Town Dormitories
Offering beds or rooms for individuals or corporate staff housing, My Town is 5 minutes walking distance from Bonifacio Global City and Makati CBD.
The building design is based on the results of a survey of over 1,200 young professionals covering design, amenities, retail options, and contract terms. My Town’s 16 dormitories have amenities such as cafeterias, fully equipped gyms, infinity lap pool, boxing studio, yoga decks, KTV rooms, in-house cinema, recreation areas, and study rooms.
Ready-for-occupancy rooms have a private bathroom and kitchenette and are equipped with air conditioning, refrigerator, microwave, mattress, cabinets, and window blinds.
Tenants can opt to stay in a private studio with Queen bed, a twin sharing room which has a bunk bed and desk, a quadruple sharing room with two bunk beds, or a room with three bunk beds, which can accommodate 6 people.
My Town offers regular movie screenings, workout classes, creative workshops, roof deck parties, and outreach programs to foster a sense of community among residents.
Companies can lease one or multiple buildings for up to 10 years and avail of services such as dedicated or co-working office rental, training room rental, concierge services, housekeeping services, corporate food programs, transport and travel, and operational support.
The Flats Amorsolo
Premium real estate developer Ayala Land is heeding the call of the times and is venturing into the co-living segment with The Flats, a 15-storey development along Amorsolo Street in Makati. It’s a 5-minute walk from Ayala Avenue and is near the Dela Rosa walkway, eliminating the stress caused by long commutes and traffic jams.
The Flats has 196 loft rooms and bunk bedrooms, which are outfitted with built-in beds, built-in cabinets, desk spaces, air conditioning, shower, kitchenette, and toilet and bath.
Room rates start at P6,717.50 per person per month (based on a quadruple sharing unit). Rooms have a minimum lease term of 6 months.
Simplicity Co-Living Spaces
Walking distance from Fairview’s major retail centers and transport terminals, Simplicity Co-Living Spaces offer fully-furnished, air-conditioned rooms with high-speed internet. There’s 24/7 laundry services, shared kitchenware and dinnerware, and regular cleaning services. Utilities are covered by the rent, which starts at P8,000 per person monthly. Daily stays are available at P1,000 per night.
Habitat Co-Living Space
Co-living spaces are gaining popularity outside Metro Manila as well. Located in Jalandoni Street, Barangay Our Lady of Lourdes in Jaro, Iloilo, Habitat Co-Living Space has 55 rooms, which are a mix of private twin rooms with en suite bathroom and 6-bed dorm rooms with a common bathroom. Other amenities include free Wi-Fi, common lounge and co-working area, common kitchen and pantry, reception desk, CCTV system, and 24/7 security.
If you want to experience independence and urban living with a relatively comfortable price tag, staying in a co-living space is a good start. Moving in with friends you value and trust will make the stay easier – fewer adjustments will be required. But if you’re going solo, don’t worry; it’s a great opportunity to meet new people who hopefully have the same interests as you do.