\n<\/p>\n
SINGAPORE –\u00a0Media
\u00a0<\/p>\n The coliving sector has proved resilient even
\u00a0<\/p>\n Casa Mia Coliving achieved a 10% month-on-month
\u00a0<\/p>\n Addressing the needs of a new generation of renters\u00a0 <\/b><\/p>\n \u00a0<\/p>\n Casa Mia Coliving offers a full range of living
\u00a0<\/p>\n By turning roommate living into a scalable
\u00a0<\/p>\n “Our commitment to delivering an Easy Living
\u00a0<\/p>\n Casa Mia Coliving invested in developing a
\u00a0<\/p>\n Creating enhanced value for property owners<\/b><\/p>\n \u00a0<\/p>\n Casa Mia Coliving will expand its footprint of
\u00a0<\/p>\n Casa Mia Coliving will provide a one-stop
\u00a0<\/p>\n “We’re looking at management agreements that
\nOutReach<\/a>\u00a0–\u00a030 November 2021 –\u00a0<\/b>Singapore-headquartered
\nstart-up Casa Mia Coliving<\/a> has raised US$400,000 in pre-seed funding from angel
\ninvestors in Singapore, the United Kingdom, Italy and Qatar. The funds will
\naccelerate its room count in Singapore and its plans to launch a second city
\nsoon. The company is on track to embark on its seed funding round shortly. <\/p>\n
\nthrough the global coronavirus pandemic. As cities become denser and more
\nexpensive, coliving has become viable for professionals looking to tap
\nemployment and cultural opportunities in global cities like Singapore. Young
\nprofessionals are also attracted to the strong community ethos that coliving
\noffers and increasingly choose shared accommodation as a lifestyle preference.<\/p>\n
\ngrowth and averaged a 91% occupancy rate for its various properties in
\nSingapore throughout 2021. It plans to double its room count to 300 by early
\n2022, expanding its footprint in River Valley (where it now offers more
\nlocations than any other coliving place in Singapore) and adding more
\nneighbourhoods across the island, including Jalan Besar.<\/p>\n
\nsolutions underpinned by a proprietary technology platform that responds
\ndynamically to renter requirements in real-time. The company can match
\nroommates, furnish apartments, manage shared spaces, and provide additional
\nvalue-added services such as cleaning and community events. <\/p>\n
\nproduct, the company can provide young expat professionals with affordable,
\nsafe, and flexible options in highly sought-after neighbourhoods.<\/p>\n
\nexperience means members can find value for money accommodations more quickly
\nthan via traditional processes. Renting their ideal home becomes seamless and
\neasy, and our members can quickly immerse themselves into experiencing life in
\nthe cities of their choice,” said Casa Mia Coliving co-founder Eugenio
\nFerrante.<\/p>\n
\nproprietary technology platform to automate all aspects of its business to
\ndrive business efficiencies and scale. Potential renters can access real-time
\ninformation on available homes and take a virtual tour of the space. Property
\nowners also receive detailed monthly statements with the performance and
\nongoing maintenance activities at their properties.<\/p>\n
\nmanaged properties with landlords, property developers and real estate experts
\nin the first half of 2022. <\/p>\n
\nservice to manage the leasing process, housekeeping, and property maintenance
\nas the managing agent. Where required, property owners can also elect to have
\nCasa Mia Coliving manage any upgrading work \u2013 from advising on the style and
\ntype of renovation that would make the most impact, selecting the right
\nvendors, and furnishing the space \u2013 to enhance the property value and attract
\nthe right lessons. They can also choose to improve their property yield via a
\nrange of variable revenue models.<\/p>\n
\noffer stronger, more predictable revenue and have built a proven business model
\nthat can scale quickly in anticipation of continued growth in residential real
\nestate,” said Casa Mia Coliving co-founder Ahmed Nizar. “People will always
\nwant homes that are affordable, conveniently located, and flexible, without the
\nhassle of a lengthy contracting process, while property owners want to monetise
\ntheir property quickly and efficiently. Coliving is that sweet spot that
\nfulfils both requirements.”<\/p>\n