Hmlet vs Cove Living vs Figment vs Lyf: Which Is the Right Co Living Space for You?

Hmlet vs Cove Living vs Figment vs Lyf: Which Is the Right Co Living Space for You?

By Lindsey Tan

Hmlet vs Cove Living vs Figment vs Lyf by Ascott. A lot of people want to know which of these best co-living spaces in Singapore suits them most.

Of course, they all offer the same core concept: communal living and networking possibilities.

All of them are specially designed for like-minded people who share the same interests and activities — stimulating conversations and brainstorming sessions.

Anyway, we’re here to help you figure out which one may be best for your needs. We’ll go over their costs, aesthetics, locations, perks, and more.

But in case you’re new to co-living spaces, it’s probably best that we take you through a quick guide on how to choose one. To that end, we’ll go over the factors to consider first when choosing a co-living space.

That way, you’ll have a better idea of how to pick from among the co-living spaces we’ll discuss later in the article.

How to Choose a Co-Living Space

Each co-living space has its upsides and downsides, so make sure to check every single detail and cost in every place you visit… so you can always feel at home and be productive throughout your stay.

1.   Rental Fees

To get started on your co-living space hunting, you need to estimate your monthly budget first. That way, you can easily decide which options are within your means.

Note that co-living costs vary widely. The rental fees will depend on the room you’ve chosen and the facilities in that space, for the most part (more facilities usually mean higher costs).

The same goes for amenities and services. The more of them you get, the higher the price you’ll have to pay.

See if there are any hidden fees/expenses when inspecting the costs of a co-living space. Ask your host about them… and if you don’t get honest and clear answers, then you might need to look for other options.

2.   Location

Co-living spaces are usually located near public transport as well as shopping and entertainment districts. Make sure to choose the one that’s nearest your route to work.

With a place that’s a short distance away from your workplace or academy, you won’t have to suffer from long hours of travel or traffic. Remember that inconveniencing yourself isn’t a good idea when picking a place to live.

3.   Accommodations

It’s going to be your home for the coming weeks or months, so you must examine the accommodations, amenities, and utilities of a co-living space.

Check the facilities and services and see if they have all the necessities like Wi-Fi connection, air-conditioned rooms, refrigerator, washing machine, and more.

When you visit the place, you may also want to check the network coverage on your phone. See if the place has a fast and stable connection.

Most importantly, it must have excellent security surveillance so you can rest assured that you and everyone will be safe from any unwanted access.

Moreover, you’ll be sharing a lot of time and things with some people whom you may not personally know. And if it’s your first time to move in a co-living space, then it might be a bit hard for you to adjust.

Therefore, determine how much private space you can have so you can work on your tasks freely and comfortably without anyone disturbing you.

4.   Activities

You must also know that some co-living spaces organise scheduled activities like interactive sessions or group outings. Some just leave it up to the guests to make their own social activities.

Co-living spaces are built with the intention to highlight social lifestyles and community approaches to living. That’s why group activities are encouraged to help strengthen the bonds between the inhabitants.

Hence, it’s important to be with people who share the same mindset, hobbies, and preferences. This way, it’ll be easy for you to cooperate and compromise without having any conflict.

5.   Minimum Rental Period

As mentioned earlier, co-living spaces are much better than rental flats due to their flexible lease term options. You can choose to stay on a month-to-month basis — some even offer week-long stays.

So whether you’re staying for a year or a month, or even a week, co-living spaces can meet the terms and arrangements suitable for you.

Many providers also come with multiple locations, so they can relocate you to a different venue if needed. That gives you the chance to explore the city further, albeit from a different neighbourhood.

6.   Payment Terms

In Singapore, you might be required to pay co-living space rent on a monthly or quarterly basis, depending on your stay-in period and lease terms.

Take note that the payment is typically deducted on a fixed date, so be sure that you have enough for a whole week or the next few months before you sign a contract.

Comparison Table of the Monthly Rent Costs

To help you determine which co-living space on the island best suits your estimated budget, we’ve listed the monthly rates offered by the most in-demand co-living spaces in Singapore.

Co Living Spaces Monthly Rent Starts From
Hmlet  $1,050/month
Cove Living $1,100/month
Figment $1,500/month
Lyf by Ascott  $350/night

 

The Best Co Living Spaces in Singapore

To find out more about the listed places above, let’s take a closer look at their offered costs, rooms, amenities, and services.

 

1.   Hmlet

Hmlet's Coliving

Average Cost Breakdown: Starting from $1,050/month to $4,200/month

Room Types

  • Pocket Bedroom – from $1,050/month (CBD)
  • Regular Bedroom – from $1,300/month (North East)
  • Master Bedroom – from $1,700/month (North East)

Rental Terms

  • One week on Cantonment, CBD only; three months minimum at all other locations

Apartment Locations and Costs Across Singapore

  • CBD – Starting from $1,050/month and $870/week at Hamlet Cantonment
  • Tiong Bahru – Starting from $1,600/month
  • Orchard – Starting from $1,200/month
  • Bukit Timah – Starting from $1,600/month
  • West – Starting from $1,750/month
  • North East – Starting from $900/month
  • River Valley – Starting from $$1,100/month
  • East – Starting from $1,000/month
  • Little India – Starting from $950/month

Being one of the leading co-living companies across Asia, Hmlet has plenty of properties that rank among the best co living spaces in Singapore. The selections for their co-living spaces consist of pocket, regular, and master rooms.

A pocket room features a single bed, available at an economical rate, while the regular rooms have queen beds. Both come with a shared bathroom.

Master rooms also have queen beds but with an ensuite bathroom.

Their rooms are known for their aesthetics, houseplant decorations, bar stools, and more — these elements give off a pleasant environment and chill vibes.

Hmlet offers certain communal spaces like lounges and rooftops where members can hold social events and casual get-togethers too.

If you prefer to stay in a place with a natural style, wood accents, and a relaxed atmosphere, then you’ll definitely enjoy the co-living spaces provided by Hmlet.

Moreover, Hmlet has been featured in several publications, proving that they indeed provide the best co-living spaces in Singapore.

Services Included

  • High-speed WiFi
  • Washer and dryer
  • Weekly cleaning
  • Air-conditioning
  • Full kitchen
  • Wellness activities
  • Mobile app to book services, pay bills, and communicate with other housemates

 

2.   Cove Living

Cove Living's Coliving

Average Cost Breakdown: Starting from from $1,000/month to $3,100/month

Room Types

  • Standard Bedroom – Starting from $1,100/month
  • Master Bedroom – Starting from $1,450/month

Rental Terms: Three months minimum

Apartment Locations and Costs Across Singapore

  • Central – Starting from $1,100/month
  • West – Starting from $1,400/month
  • East – Starting from $1,100/month
  • City- Starting from $1,700/month
  • North- Starting from $1,500/month

For modern and stylish furnished homes, Cove Living offers an extensive range of co-living spaces located in numerous cities in Singapore.

Cove Living is a startup company that was recently established last 2019, and yet, they’re already said to be the closest rival of Hmlet. That gives you an idea of how quickly they found success.

Compared to Hmlet, Cove Living’s rooms are designed with a more minimalist vibe, quirky accents, and home comforts.

Within 24 hours, you can immediately move in or transfer between their properties. All of the transactions, from check-in to billing and maintenance requests, can be done online.

What makes them different from most companies is that they offer flatmate matching: they’ll pair you with the right roommates by matching compatible profiles, making it easy for you to know which co-living space is suitable for you.

Most of their co-living spaces are close to vibrant neighbourhoods, public transport, and local hot spots, giving you a great expat experience.

They also conduct community events around the city, perfect for those who want to grow their social circles.

Services Included

  • Fast WiFi connection
  • Flatmate matching service
  • Community events
  • Flexible contracts
  • Stylish furniture
  • Weekly housekeeping service

 

3.   Figment

Figment's Coliving

Average Cost Breakdown: Starting from $1,500/month to $3,000/month

Rental Terms: Three months minimum

Apartment Locations and Costs Across Singapore

  • Little India – Starting from $1,600/month
  • Geylang – Starting from $1,750/month
  • Joo Chiat – Starting from $1,750/month
  • Balestier – Starting from $1,750/month
  • Orchard – Starting from $2,500/month
  • Tanjong Pagar – Starting from $2,700/month

Figment focuses on providing handpicked shophouses designed by well-known local interior designers. Each suite showcases the heritage of the island with classic vintage and grand style.

With their best co-living spaces in Singapore, you can experience luxury living that goes beyond the conventional accommodation.

Their community consists of entrepreneurs, creative spirits, and design geeks. If you’re one of them, then you may try joining the community and boost your creativity that way.

Some of their properties feature an enclosed atrium, a lush rooftop terrace, and luxe deco furniture.

If you’re the type who enjoys and appreciates distinct interiors and breathtaking architecture, then you must visit one of their properties.

Moreover, their exquisite co-living spaces are located in lively neighbourhoods where you can experience both the traditional and modern culture of Singapore.

Services Included

  • 5G WiFi
  • Smart TV
  • Exclusive holiday retreats around the region
  • Weekly cleaning
  • Prompt maintenance
  • Air Conditioning
  • Fully Equipped Kitchen

 

4.   Lyf by Ascott (Funan Mall)

Lyf by Ascott's Coliving

Average Cost Breakdown: Starting from $350/night to $410/night

Room Types

  • 4 Bedrooms – Starting from $350/night
  • 6 Bedrooms – Starting from $410/night

Rental Terms: One night stay minimum

Lyf by Ascott introduces dynamic co-living spaces with fun, energetic, and funky vibes combined with high-tech facilities — the perfect suites for millenials!

You’ll definitely love the Instagrammable pop art and neon lights! You can also enjoy the board games, giant ball pits, and exercise corners.

Their social spaces include open coworking zones and social kitchens, mainly for like-minded travellers. They also have an interactive and touchscreen whiteboard for exciting brainstorming sessions.

Once you’ve become a member of their community, you can get some perks like the lowest rates, exclusive discounts, and many more! Also, you shouldn’t miss their other suites, established at Farrer Park and One-North in 2021.

Services Included

  • Ensuite bathroom
  • Strong WiFi connection
  • Flexible storage
  • Social events
  • Mobile access key
  • Coworking spaces

 

Comparing Them All: Which Co Living Space Should You Pick?

Since most people will want to know how they stack up in terms of fees first, let’s start by checking out their rates. 

After that, we can take a look at a comparison of which services they offer.

Co Living Spaces Monthly Rent Starts From
Hmlet  $1,050/month
Cove Living  $1,100/month 
Figment  $1,500/month
Lyf by Ascott  $350/night 
Services  Hmlet Cove Living Figment Lyf by Ascott
Wi-Fi Connection  Yes Yes Yes Yes
Weekly Housekeeping Yes Yes Yes One time complimentary housekeeping
Air-conditioned Rooms Yes Yes Yes Yes
Fully-equipped Kitchen  Yes Yes Yes Yes
Mobile Access Key  None None None Yes
Flatmate Matching Service  None Yes None None
Community Events Yes Yes Yes Yes

As you can see, they’re mostly neck and neck with each other. 

While only Cove Living has a flatmate matching service right now, for instance, we doubt the lack of that will be a deal-breaker to most people looking at the other options.

The same goes for the Mobile Access Key offered by Lyf by Ascott.

That doesn’t mean there’s nothing differentiating them properly from each other, though. For instance, while they’re all co living spaces with the same general community concept, we think each one is specially designed for certain people. 

For example, the co living spaces at Hmlet are perfect for those who like to have elements of nature and greenergy around them. They also tend to have a more relaxed atmosphere than most other co living spaces. 

Meanwhile, Cove Living’s spaces are for individuals into the minimalist style. Figment’s shophouses are probably best for artists who want to be inspired by unique interior designs as well as be surrounded with creative-minded people. 

Last but not least, if you enjoy colourful, vibrant interiors and a lot of fun games, then you’ll love the rooms at Lyf by Ascott! 

 

That being said, which of these is best for you will ultimately depend on a myriad of factors. Take a look at all the details we’ve listed for these co living spaces to get a better sense of which one ticks all of your boxes.

Be sure to tell us which one you decide to go with and why it’s your choice. You can also tell us about your experiences at any of these co living spaces!

These co-living spaces aren’t only convenient, but they’re also a great way to make new friends, share your passion, and experience a different yet fun-filled venture,

How about you? What do you think of these co-living spaces and how they stack up against each other? Share your thoughts!