Young Singaporeans Get 30% Discount on Co-Living Rooms Under New SG Youth Plan Initiative

The initiative, which launched on July 25, targets young Singaporeans who wish to live independently, including singles and couples waiting for Build-To-Order (BTO) flats. Applications are on a first-come, first-served basis.

Coliwoo is offering 70 rooms at its Boon Lay property with monthly rents starting at S$1,950, and 30 rooms at Lutheran from S$2,000, excluding utility bills. Up to a quarter of its rooms will be set aside for the initiative. The other private operator, Eco-Energy, will absorb the subsidies under the scheme at 1925 Quarters in Jalan Besar.

Options include twin and queen rooms, with furnishings that fall somewhere between a university hall and a hotel room. Each room comes with an en-suite bathroom, white twin or queen beds, birch-coloured tables and shelves, and a TV mounted in a corner.

NYC and MCCY said the initiative addresses young people’s desire to live independently. Having a place of their own has consistently ranked among their top life goals, according to the National Youth Survey in 2025. The initiative also aims to foster connections among young people, whose social circles are shrinking: the same survey found that 8 per cent of respondents in 2025 said they had no close friends, double the 4 per cent previously recorded in 2013.

Coliwoo founder Kelvin Lim said the scheme was a meaningful way to support young people in Singapore while helping to reduce the company’s typical vacancy rate of about 5 per cent. He estimated the discounts would cost Coliwoo about S$600,000 a year, adding that he viewed the programme as a healthy one that supports young people. Currently, about 10 per cent of Coliwoo’s rooms are occupied by young Singaporeans.

The SG Youth Plan is a five-year blueprint announced on July 25, comprising more than 20 initiatives to help young Singaporeans in areas such as careers, well-being and relationships. However, the Government said the co-living initiative is not meant to address housing challenges directly, emphasising instead that it is a private sector effort to support young people’s independence.

MCCY and NYC will also set up 12 new “third spaces” across Singapore by the end of 2026. These are places outside school and work that encourage social interaction among young people. Examples include the Circle @ Nee Soon Central Community Club, Hub with a Heart @ Serangoon, and Camping Ground, an open space at *SCAPE.

About 20,000 social, hobby and interest-based opportunities across the arts, sport and culture will also be available annually by 2030 to encourage curiosity and social interaction. Additionally, up to 50,000 young people are expected to benefit from family relationship programmes by 2030.