Netizens are expressing their concerns over the increasing prevalence of co-living spaces in Singapore due to the significant rise in property prices.
Netizens are expressing their concerns over the increasing prevalence of co-living spaces in Singapore due to the significant rise in property prices.
In response to a recent news post highlighting the growing trend of co-living as a result of skyrocketing property costs, several online users have started drawing comparisons between Singapore and Hong Kong. Many have noted how co-living arrangements, where multiple people share living spaces, are becoming more common in Singapore.
According to Boulevard.Co, an increasing number of young Singaporeans are exploring the option of co-living. Even expatriates and business travelers are embracing shared living spaces. Co-living companies such as Hmlet, Cove Living, and Figment provide fully furnished properties, with some even offering services like cleaning and utilities such as Wi-Fi to make the transition easier.
“So many co-living in HDB, condo… with five to six people in one unit!” one netizen remarked, lamenting, “What has Singapore become?”
Others reflected on the country’s changing housing landscape. “Something has really gone wrong,” one user wrote, comparing today’s Singapore to the vision of the country’s founding father, Lee Kuan Yew. “Lee Kuan Yew had the foresight and laid out a feasible plan to ensure everyone could afford their own homes. Why are we turning Singapore into Hong Kong? Just look at Hong Kong today. Is it still considered a good investment country?”
Another commenter pointed to the strain on public housing: “Public housing is screwed up. The young cannot afford to buy, so they need to rent.”
The debate continues as many express concern over the increasing reliance on co-living arrangements due to housing affordability issues in Singapore.
Images: Screengrabs from Facebook comments / The Straits Times.
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