HDC kicks off co-living housing project
The project has been awarded to Hong Kong-based Rotime Engineering and Technology
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Foundation for co-living housing has been laid in Hulhumale to provide affordable housing to students living in the Greater Male Area and to those who single-handedly has to pay a huge rent.
According to a press release issued by the Housing Development Corporation (HDC) on Thursday:
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The project has been awarded to Hong Kong-based Rotime Engineering and Technology
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The cost of the project has not been disclosed
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The 15-storey building will have twin-sharing rooms from the second floor to the ninth floor; the rest of the floors will have single rooms
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Rooms in the building will be rented out only to locals
The building will have common facilities:
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There will be a kitchen on each floor
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Outdoor gyms and pantry services will be available
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There will be laundry and shop for essential and basic purposes
According to a study conducted by HDC, residents in the Greater Male Region usually pay MVR 5,000 per month as rent on their own while they are studying.
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56% of the respondents expressed interest in the project
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They are expected to live in such a house for more than a year
