This new accommodation concept in the Maldives will feature single and twin shared rooms for co-living. Each floor will have a pantry, and kitchen for communal use. The building will also house an outdoor gym, laundry facility and shops.
The structural work of the "co-living" building in Hulhumale' dedicated to students and single occupants have been completed.
The building is being constructed on the land between Maldives Ports Limited (MPL) flats and Vinares flats in Hulhumale' Phase 2.
Housing Development Corporation (HDC) stated that the structure of the building is now complete, and finishing work underway.
The project was launched by HDC on December 29, 2022, to provide affordable housing for students and single people living in the Greater Malé Region. The work is being carried out by Rotime Engineering and Technology, a Maldives-based company with shares registered in Hong Kong.
This new accommodation concept in the Maldives will feature single and twin shared rooms for co-living. Each floor will have a pantry, and kitchen for communal use. The building will also house an outdoor gym, laundry facility and shops.
HDC has previously said that the project aims to provide affordable housing for students living in the Malé area.
A study conducted by the company found that students and single people living in Malé City paid an average of MVR 5,000 per month in rent. Fifty-six percent of respondents expressed interest in the project.
The project includes a 14-storey building on a 16,934 sqft plot of land. The second to ninth floors will be reserved for twin sharing, while the remaining floors will have single accommodation rooms. However, HDC has not specified the number of rooms available or how they will be allocated.
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