5 advantages of co-living spaces for Filipino urbanites
Blogs
August 15, 2023
Navigating the complexities of life in metropolitan areas such as Manila, Cebu, or Davao has long been a source of frustration for many Filipino workers and professionals. High housing costs, long commutes, and the frantic pace of urban life can take a toll on anyone’s quality of life. For many, the prospect of securing a comfortable home near the workplace seems like a luxury rather than the norm. And given the steady increase in urban populations and housing prices, this traditional approach to living is proving less viable for many city-dwelling Pinoys. Fortunately, co-living presents a viable alternative.
Co-living, a modern adaptation of the communal living model, is quickly becoming a popular housing solution in many parts of the world, including the Philippines. Under a co-living setup, residents typically have their own private spaces—namely bedrooms and bathrooms—while sharing other living areas. This arrangement effectively blends shared and private spaces in a way that promotes cost-efficiency, convenience, and community bonding. Given the challenges of urban life in the Philippines, this innovative model presents a compelling case for Pinoy professionals seeking an alternative to the norm.
At present, Aboitiz InfraCapital’s economic estates are setting the standard for comfortable and environmentally sustainable co-living spaces in the country. Its flagship LIMA Estate, in particular, has recently broken ground for a 600-bed co-living facility known as The Pods at LIMA. This facility is designed for employees of companies headquartered in LIMA estate and contains comfortably furnished common areas, a transport hub, and roof-mounted solar panels for sustainably sourced energy.
This feature aims to elaborate on a number of reasons why Filipino urbanites industrial park dwellers in search of quality housing should consider co-living spaces such as The Pods at LIMA. Here are five of the most compelling:
Affordability
From the outset, co-living spaces offer a refreshing contrast to the high costs associated with traditional housing options in city centers. The cost of rent in urban areas, coupled with additional expenses for utilities, furnishings, and maintenance can add up quickly. In contrast, co-living spaces offer an all-inclusive solution. These spaces typically provide residents with their own private living quarters along with access to shared utilities and amenities such as kitchens, living rooms, and even gyms. The bundled cost, which includes all these facilities, often comes out significantly lower than what one would pay when renting a traditional apartment or condo.
In addition to cost savings, co-living spaces can alleviate some of the financial stresses that accompany independent living. Most co-living facilities offer payment flexibility, allowing residents to pay monthly rather than requiring large upfront deposits or long-term commitments. For young professionals just starting their careers or those who need to be cautious with their budget, this makes co-living a financially sensible choice.
Convenient
Beyond affordability, co-living spaces provide a level of convenience that traditional living arrangements often lack. These facilities are usually strategically located near business hubs, public transportation facilities, and essential services. This location advantage cuts commuting time and helps residents sidestep the traffic congestion for which Philippine cities have historically been notorious.
Moreover, residents moving into co-living spaces likely won’t need to buy and set up their own furniture, as these spaces typically come fully furnished. This feature can be especially helpful for those who are new to the city or require a fast and stress-free move. Most co-living facilities also offer a variety of services such as regular cleaning and laundry, which means that residents can spend less time on chores and more time on their work or hobbies.
Environmental Sustainability
Co-living promotes more environmentally friendly ways of life by design. The communal use of resources in co-living spaces, from shared kitchens to collective entertainment areas, means residents produce less waste and use less energy. These efficiency gains become readily apparent when comparing the co-living model to traditional housing setups, where each unit may have separate appliances and facilities.
Many co-living operators in the Philippines are also deeply committed to sustainable practices. More and more co-living spaces in the country now pursue green initiatives, such as energy-efficient appliances, solar power, recycling programs, and even rainwater harvesting systems. For environmentally conscious professionals seeking to reduce their carbon footprint, such facilities thus present an ideal housing choice.
Flexibility
Certain professionals’ lifestyles and careers may require them to seek flexible living arrangements, and co-living spaces excel particularly in this arena. For one, they often offer contracts that are more adaptable than traditional leases. Instead of being locked into a year-long lease or more, residents can usually choose from a variety of options, from weekly to monthly contracts. This gives them the freedom to move out or switch rooms with ease in the event that their needs change.
Furthermore, co-living operators may also maintain multiple locations within a city or across different cities. For professionals who need to relocate for work, having the option to switch to a different co-living space within the same network can make the transition smoother. This high degree of flexibility is a big draw for individuals with dynamic lifestyles, such as freelancers and digital nomads.
Community
Besides the many practical advantages it offers, co-living also offers residents a convenient way to socialize and connect meaningfully with others. Modern cities are frequently dense and alienating places, making it easy for anyone to feel alone even when surrounded by people. Co-living spaces, however, are intentionally designed to encourage interaction and foster a sense of community among residents.
Many co-living spaces host regular social events and activities, such as communal dinners and skill-sharing workshops, encouraging residents to meet and get to know one another. And even outside of these structured activities, shared kitchens, lounges, and other communal spaces also provide organic daily opportunities for spontaneous conversations.
On the whole, co-living presents a compelling alternative to traditional housing that addresses many of the domestic challenges Filipino professionals face today. It’s an innovative, practical, and community-oriented solution, paving the way for a more sustainable and enjoyable urban lifestyle.
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Aboitiz InfraCapital, Partners Group team up for c...
April 29, 2021
Aboitiz InfraCapital, Inc. (Aboitiz InfraCapital) has agreed to form a joint venture with leading global private market...
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Press Release
Aboitiz Integrated Economic Centers well-positione...
April 21, 2021
New locators at Aboitiz InfraCapital’s Integrated Economic Centers are well-positioned to avail optimum tax benefits ...
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Press Release
Aboitiz offers commercial lots within LIMA Estate ...
April 16, 2021
LIMA Land, Inc. is launching the next phase of its commercial zone’s transformation, with the introduction of commerc...
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Press Release
Apo Agua achieves 5 million safe man-hours...
April 14, 2021
Apo Agua Infrastructura, Inc. (Apo Agua) through its Engineering, Procurement, and Construction Contractor J.V. Angeles...
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Press Release
GUESS opens its first outlet store in Batangas at ...
March 29, 2021
American clothing retailer GUESS recently opened its first-ever outlet store in Batangas at ‘The Outlets at Lipa’. ...
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Press Release
Davao City Water District, NexCities Project recog...
March 27, 2021
The Davao City Water District (DCWD) and the Newton Prize-winning NexCities Project Team were honored along with 17 oth...
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Press Release
Aboitiz InfraCapital at the forefront of innovativ...
March 16, 2021
The Aboitiz Group, through its infrastructure arm Aboitiz InfraCapital, Inc. (AIC) is championing the country’s capab...
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Press Release
Aboitiz InfraCapital sets P13B CAPEX, allocates P2...
March 12, 2021
Aboitiz InfraCapital, Inc. is earmarking over PhP13 billion in total consolidated capital expenditures (CAPEX) with its...
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Press Release
PH Red Cross partners with ‘The Outlets at Lipa...
March 8, 2021
To further support the country’s mass testing efforts against the COVID-19 pandemic, the Philippine Red Cross (PRC) h...
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Press Release
Aboitiz’s LIMA Land recognizes long-time partner...
March 1, 2021
Shares expansion plans that can generate up to 20,000 jobs LIMA Land, Inc. – operator of LIMA Technology Center in Li...
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Press Release
Handyman opens 177th store in LIMA Exchange, Batan...
February 26, 2021
In line with its goal to have a better, braver and bolder 2021, hardware and improvement store chain Handyman Do-it Bes...
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Press Release
Aboitiz leaders embrace, ‘instill’ innovation ...
February 11, 2021
Aboitiz executives must take a long-term view and further champion innovative strategies to succeed amid and beyon...
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Press Release
Globe partners with Aboitiz InfraCapital to provid...
December 23, 2020
Globe Telecom and Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, join forces in accelerating ...
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Press Release
LIMA Estate poised to be Calabarzon’s next leadi...
December 9, 2020
The Aboitiz Group’s Lima Land, Inc. will expand LIMA Estate in Batangas in response to the increasing demand for ind...
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Press Release
Strict COVID-19 guidelines and open format make Ch...
December 4, 2020
To enjoy shopping and dining with peace of mind this Christmas season, one can go to places that are masterfully design...
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Press Release
Aboitiz businesses optimistic of sustained strateg...
November 4, 2020
Amid the ongoing challenges posed by the Coronavirus Disease 2019 (COVID-19) pandemic, the various business units of th...
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Press Release
Aboitiz unveils expansion plans for West Cebu Indu...
November 3, 2020
New development expected to generate 5,000 new jobs by end of 2022 Cebu Industrial Park Developers, Inc. (CIPDI)—a jo...
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Press Release
Globe, Dito partner with Aboitiz InfraCapital for ...
October 30, 2020
Telecommunications companies Globe Telecom, Inc. and Dito Telecommunity Corporation have partnered with Aboitiz InfraCa...
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Press Release
Aboitiz InfraCapital ready to deploy small cell ne...
October 7, 2020
Aboitiz Group’s infrastructure arm Aboitiz InfraCapital, Inc. is venturing into the small cells business to supplemen...
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Press Release
Lima Water ensures adequate, clean water supply am...
September 18, 2020
Aboitiz InfraCapital’s wholly owned subsidiary Lima Water Corporation (LWC) assured it will continuously provide adeq...
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Press Release
Lima Water laboratory gets DENR accreditation...
July 30, 2020
The laboratory services unit of Lima Water Corporation (LWC) was recently accredited as an environmental testing labora...
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Press Release
Apo Agua ramps up construction for bulk water proj...
July 21, 2020
In line with its commitment to fast track the delivery of safe and sustainable water to Davaoeños, Apo Agua Infrastruc...
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Press Release
Aboitiz underscores long-term sustainability goals...
July 20, 2020
The Aboitiz Group reaffirms its commitment to operate its businesses with a sustainability mindset that upholds best pr...
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Press Release
Lima Water extends support in Batangas to help fig...
June 8, 2020
Lima Water Corporation, the exclusive water and wastewater services provider of Lima Technology Center in Batangas, has...
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Our Businesses
Apo Agua...
May 14, 2020
Apo Agua Infrastructura, Inc. is building one of the Philippines’ largest private bulk water supply facilities throug...
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Our Businesses
LIMA Water...
May 14, 2020
Lima Water Corporation provides end-to-end water and wastewater services for multinational companies based in Lima Tech...
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Press Release
Aboitiz supports BBB anew; heeds call for private ...
May 13, 2020
Aboitiz Group infrastructure unit Aboitiz InfraCapital Inc. welcomes the government’s renewed commitment to pursue ke...
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Sustainability & CSR
Our CSR efforts...
True to our brand promise to Advance Business and Communities, Aboitiz InfraCapital and its business units are committe...
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Sustainability & CSR
Our Sustainability Framework...
Framework To drive sustainability throughout its business, Aboitiz focuses on three key areas based on the triple botto...
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Sustainability & CSR
Sustainability at Aboitiz...
Over the years, sustainability has been our ubiquitous term in covering our environmental management, labor practices, ...
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Press Release
Aboitiz taps Ireland-based daa International for r...
March 27, 2019
Aboitiz infrastructure business unit Aboitiz InfraCapital, Inc. has teamed up with Irish airport operations company daa...
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Press Release
CAAP grants Aboitiz ‘original proponent status...
March 4, 2019
Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, was granted Original Proponent...
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Press Release
Aboitiz InfraCapital, DICT sign MOU for telecommun...
February 8, 2019
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group, is seeking to build, operate, and maintain...
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Press Release
Aboitiz debuts water business at the 2019 IWA conf...
January 22, 2019
Aboitiz InfraCapital, Inc., the fifth leg and newest business venture of the Aboitiz Group, is optimistic on the opport...
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Press Release
Aboitiz bullish on regional airport projects...
January 8, 2019
Aboitiz InfraCapital, Inc. (AIC), the Aboitiz infrastructure unit, is optimistic that its regional airport projects wil...
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Press Release
Apo Agua holds bulk water supply project construct...
November 26, 2018
Apo Agua Infrastructura, Inc. (Apo Agua), a joint venture company between Aboitiz Equity Ventures, Inc. (AEV) and J.V. ...
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Press Release
Aboitiz secures ‘original proponent status’ fo...
September 28, 2018
Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, has been granted “Original P...
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Press Release
Aboitiz InfraCapital submits unsolicited proposal ...
March 7, 2018
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group, submitted today an unsolicited proposal to...
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Press Release
‘Superconsortium’ eyes NAIA transformation int...
February 13, 2018
Share on Facebook Share on Twitter Share on Google+ Share on Linkedin Share on Pinterest Following the submission of it...
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Press Release
Aboitiz InfraCapital consolidates water investment...
August 3, 2017
The Aboitiz Group has consolidated all its water investments under its infrastructure unit Aboitiz InfraCapital, Inc., ...
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