Riding on co-living trend, condo owners add more rooms to their units to earn more rent

A three-bedroom condo unit at People’s Park Complex in Chinatown had three more bedrooms added, which saw the owner's earnings nearly double. PHOTO: STELLA TAN, PROPERTY AGENT WITH PROPNEX REALTY
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SINGAPORE - With rents continuing to rise in 2023, property investors have found a quick way to earn more rent by simply carving out more rooms in their condominium units.

The Sunday Times found several apartments turned into co-living spaces at People’s Park Complex, Eastpoint Green, Simei Green Condo, Rio Vista, Orchid Park Condominium and The Sail. 

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