How Can the Co-Living Housing Model Be Long-Term Sustainably?

• 29 June, 2022
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Choose the Best Co-Living Community for You

Finding a nice area to live is one of the most important considerations when relocating. There are a few crucial elements to consider whether you’re renting a solo apartment or looking for a co-living space. These considerations will ensure that the location you choose to reside in is optimal and that you receive the best value for your money.

So, if you’re looking for the ideal place to stay, here are some things to consider.

7 Points To Consider When Choosing A Co-Living Space

1. The location: When deciding where to reside, one of the most crucial elements to consider is location. You should choose a location that is not too distant from where you will be traveling on a daily basis.

2.  Pricing: The price is the next equally significant item to consider. Avoid looking for places that are out of your price range.

3. Co-living facilities: One of the advantages of co-living is the cost savings. So, if you’re looking for one, make sure you filter through the options and pick the one with the best amenities at the best price.

4. Keeping safe: Safety must be a top issue when living in a co-living PG or any other type of housing. It is critical to feel comfortable and to know that you are returning to a safe and secure environment every day.

5. Connectivity & Transport : While it is crucial to choose a location that is close to your institution or workplace, it is equally critical that the location be accessible to other areas. You should have access to frequent transportation and connections to different sections of the city.

6. A reliable brand: If you’re staying in a co-living PG, be sure it’s with a company that values its customers and strives to improve every day. Your co-living PG should be able to provide you with all of your needs. It is critical that you have faith in the brand and that you have access to excellent customer service.

7. Ambience: When co-living, the mood of a location is crucial. Your PG should have the same vibe as you. It is critical to be surrounded by nice people and to enjoy your time there. So, before deciding on a co-living PG, learn about the residents, their lifestyle, and other details.

Coworking Spaces Can Help You Solve These 5 Issues

1. Distractions are a constant source of frustration:
   Noise pollution is one of the most common issues of working in a coworking environment.
2. Friction in shared space is the second issue.
   When you put a varied collection of people in a small place, it’s just a matter of time before sparks fly.
3. Lack of privacy is the third issue.
   One of the most significant issues with coworking spaces is a lack of privacy.
4. Fulfilling a wide range of expectations
   One of the reasons coworking spaces fail is because they try to cater to certain worker needs.
5. Managing the ebb and flow is a problem.
   A coworking space is similar to a gym in many respects. Every day, not everyone who has a membership will be there at the same time.

The Top 5 Advantages of Cohousing

1. Cohousing is a cost-effective option.
2. It’s more convenient to live together.
3. Coliving has a built-in sense of community.
4. Roommates financial burden is eliminated by coliving.
5. Coliving allows for more flexibility.

Trends and Prospects in the Co-Living Space Market

1. The global market is developing at a rate of 30% per year, and listings of co-housing assets have tripled in the last ten years.
2. China and India, with 2.8 million and 130 thousand tenants, respectively, are the largest markets for purposeful living. Other popular geographical locations include the United States, Europe, and Southeast Asia.
3. With 6-7 percent yields on property assets, collaborative property is a viable investment.

Conclusion

Are you thinking about renting a coliving space for your daily or occasional work? We provide a co-living atmosphere with a fun and enjoyable co-connecting area to work, communicate, and meet like-minded people in Dhaka, Bangladesh. And  also We also provide a high-security environment with cameras and a guard on duty 24 hours a day, seven days a week.

We also offer a co-working space and student co-housing just next door, so you can enjoy your working and living days to the fullest! For more information and to reserve your co-living space, go here.