






{"id":4337,"date":"2019-10-25T17:56:24","date_gmt":"2019-10-25T10:56:24","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=4337"},"modified":"2021-06-04T14:43:00","modified_gmt":"2021-06-04T07:43:00","slug":"singapore-property-developer-biggest-co-living-space-syndey-australia","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/singapore-property-developer-biggest-co-living-space-syndey-australia\/","title":{"rendered":"The biggest co-living space in Australia opens this November"},"content":{"rendered":"<p>With co-living, tenants can enjoy high-end rooms and participate in fun social activities in the comforts of their own short- or long-term home<\/p>\n<figure id=\"attachment_4346\" aria-describedby=\"caption-attachment-4346\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-4346 size-full\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_573410518.jpg\" alt=\"\" width=\"1000\" height=\"662\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_573410518.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_573410518-300x199.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_573410518-768x508.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-4346\" class=\"wp-caption-text\">Apartment buildings in Sydney, Australia. MarkusJ\/Shutterstock<\/figcaption><\/figure>\n<p>Hmlet, a co-living specialist based in Singapore, constructed the biggest co-living space in Australia. According to <a href=\"https:\/\/www.afr.com\/property\/residential\/hmlet-opens-its-biggest-co-living-property-in-sydney-s-inner-west-20191021-p532u7\" target=\"_blank\" rel=\"noopener noreferrer\">The Australian Financial Review<\/a>, the property is situated in the inner west suburb of St. Peters and is set to open its doors on November 15.<\/p>\n<p>Called St. Peters Hmlet, the property was originally a part of a 38-unit apartment block Hmlet leased from a private eastern suburbs developer who intended on offering the entire block as build-to-rent units.<\/p>\n<p>Now, the four-storey warehouse has been converted to a co-living space with 82 rooms, inching Hmlet closer to its objective of operating 500 beds in Australia by the end of the year.<\/p>\n<p>Co-living spaces provide tenants with the flexibility to rent high-end rooms on a short- or a long-term contract, following the boarding house provisions.<\/p>\n<p>But unlike Airbnb and private leases, this type of accommodation is driven by a sense of community where operators like Hmlet are more social, setting up regular community activities for every hub.<\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/australia-housing-price-increase\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: Australia\u2019s housing market bounces back, with a $2,000 weekly price increase<\/strong><\/a><\/p>\n<p>St. Peters Hmlet is in a strategic location, just right next to the St. Peters train station and only takes a 12-minute commute to the city.<\/p>\n<p>\u201cWe chose St. Peters as our latest and largest property to date in Australia, given its close proximity to the city and vibrancy of the surrounding suburbs,&#8221; said Hmlet Australia managing director Chrystan Paul.<\/p>\n<p>&#8220;Our decision was also aided by the fact that our Newtown property is a few hundred metres away and has had 100 percent occupancy since opening earlier this year, therefore we know there is high demand from our members to live in the area.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With co-living, tenants can enjoy high-end rooms and participate in fun social activities in the comforts of their own short- or long-term home<\/p>\n","protected":false},"author":9,"featured_media":20334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[149,555,554,217],"class_list":["post-4337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-australia","tag-co-living","tag-shared-living","tag-sydney","news_country-australia","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The biggest co-living space in Australia opens this November | Asia Property Awards<\/title>\n<meta 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