Alternative Co-Living Arrangements Gain Popularity in Urban Asia Pacific Cities

According to JLL's recently released Co-living in Costly Cities - Asia Pacific report, the co-living market is taking off in Asia Pacific as more people migrate to cities for jobs or education opportunities. This is opening up new opportunities for real estate developers and investors around the region.
With property prices rising in gateway cities, co-living offers residents shorter and more flexible lease terms compared to condominiums, as well as ready-to-move-in convenience. According to a case study in the report, operators could save up to 25 per cent in expenses over the traditional renting model.

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