As job opportunities take the young workforce to new places, unfamiliarity with the environment and distance from family and friends can take an emotional toll on many. This is one of the reasons why co-living spaces have gained popularity. Millennials seem to love this new trend as it not only gives privacy in living arrangements but also promotes social interaction through community events. Singapore-based Hmlet, a co-living startup offers comfort without compromise.
The company’s dynamic co-living philosophy allows you to live in your ideal home along with great flat-mates. They have made custom-designed spaces which are conveniently located and are furnished so that you have to just move in with your luggage.
Hmlet was founded by Yaon Kamalski in 2016 and has become the fastest-growing co-living company in the Asia Pacific. The company is backed by Sequoia Capital and has a presence in Singapore, Hong Kong, Sydney, Tokyo, Melbourne, and Brisbane. Since its establishment, Hmlet has managed more than 1500 rooms and is now looking forward to building a network across ten cities in five countries in the next two years.
Freedom from locked in leases
Hmlet offers freedom and flexibility with their month-to-month flexible leases. People can live without the hassle of being in a locked-in lease. Besides that, there is an option to move into any of their other co-living properties in any other city or area whenever it is required.
Promotes community living
Hmlet has a warm and ever-growing community with people from different backgrounds. The tenants may find some regular or fresh faces at the regularly hosted community events. Co-living allows people to socialize and make new friends.
Living spaces offered by Hmlet
Whether a person is looking for a room or an apartment, Hmlet offers it all. One can choose a private apartment or just a single room according to the requirement. Private apartments include studio rooms to three bedders and offer privacy for singles, couples, families or friends who are looking for their own space. Besides that, Hmlet offers master bedrooms, regular bedrooms, and pocket bedrooms. Both regular and pocket bedrooms have shared bathrooms. The company also provides corporate housing facility.
Hmlet has recently raised US$40 million funding which it plans to utilize for growth in the Asia Pacific market. The funding was led by Burda Principal Investments and by existing investor Sequoia India along with new participants Reinventure Group and Mitsubishi Estate Co.
The company plans to expand its affordable, flexible, and secure housing in its existing markets, especially in Hong Kong, Singapore, and Sydney. Company is launching a 150 room property in Singapore which will be its largest facility in the country till date.
Keep a watch on this innovative startup and many such innovative startups.