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IAN CHEN PROPERTY SDN BHD
IAN CHEN PROPERTY SDN BHD 202301035359 (1529282-H)
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The Rise of Co-Living Spaces in Johor Bahru: A Smart Option for Young Professionals and Foreign Tenants - IAN CHEN PROPERTY SDN BHD

The Rise of Co-Living Spaces in Johor Bahru: A Smart Option for Young Professionals and Foreign Tenants

16-Sep-2025

Introduction: A New Way to Live, Work & Connect

The real estate market in Johor Bahru is evolving fast — and one of the most exciting trends is the rapid rise of co-living spaces. Driven by urban lifestyle shifts, affordability concerns, and increasing mobility of digital nomads and foreign professionals, co-living has transformed from a niche concept into a thriving investment and rental option.

In this article, we’ll explore:

  • What co-living is

  • Why Johor Bahru is a prime location

  • How investors can capitalize on this trend

  • What young professionals and foreign tenants love about it


What Are Co-Living Spaces?

Co-living refers to shared housing where residents rent private rooms while enjoying access to shared kitchens, lounges, laundry, and co-working spaces. These are professionally managed, fully furnished, and include utilities — creating a plug-and-play lifestyle for tenants.

This concept is especially appealing to:

  • Young working adults seeking affordability + community

  • Singapore-based professionals working cross-border

  • Foreign digital nomads needing short-term stays

  • MM2H residents looking for flexible second homes


Why Johor Bahru Is Ideal for Co-Living

Johor Bahru’s location, affordability, and infrastructure upgrades make it a natural fit for the co-living market. Here’s why:

  • Proximity to Singapore: Especially post-RTS, cross-border workers may prefer JB-based co-living for cost savings

  • Lower cost of living compared to Singapore or KL

  • Improved connectivity (RTS Link, EDL highway, bus & shuttle services)

  •  Boom in high-rise residences with unused rooms ideal for co-living retrofits

  • Attractiveness to MM2H applicants needing semi-permanent residences


Investment Potential: Strong ROI from Shared Rental Models

For investors, co-living offers an opportunity to optimize rental yields. Instead of renting out a full unit to one tenant, splitting it into separate rooms under a co-living model allows higher total rental income.

Example:

  • 3-bedroom unit in Danga Bay:
    Rent whole unit = RM2,300/month
    Rent 3 rooms separately = RM1,200 + RM1,100 + RM900 = RM3,200/month

Other benefits for landlords:

  • Higher ROI

  • Lower vacancy risk

  • Flexible rental terms (ideal for short- or mid-term lets)

  • Appealing to a broad demographic (locals + foreigners)


‍ Tenant Appeal: More Than Just a Place to Stay

Today’s tenants — especially Gen Z, millennials, and remote workers — value more than affordability. They’re seeking lifestyle:

  • ‍ Fast WiFi and workspaces

  • Fully-equipped communal kitchens

  • Recreation & chill zones

  •  Community events and networking

  •  On-demand maintenance

JB-based co-living brands are starting to offer all this, transforming simple rooms into a lifestyle ecosystem.


Foreign Tenants & MM2H Demand

Malaysia’s MM2H visa holders, international students, and cross-border Singapore workers love co-living for its:

  • Plug-and-play experience

  •  Fully furnished setups

  • Flexible lease terms

  • No need for huge upfront capital

This makes Johor Bahru an underrated co-living hotspot, especially near:

  • Bukit Chagar RTS Station

  • Medini / EduCity

  • Mount Austin / Southkey

  • Danga Bay

Main Office

IAN CHEN PROPERTY SDN BHD 202301035359 (1529282-H)
36, Jalan Hijau Muda 6, Taman Pelangi, 80400 Johor Bahru, Johor, Malaysia.

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Email:
Website: https://www.ianchenproperty.com
Website: https://ianchenproperty.newpages.com.my/
Website: https://ianchenproperty.onesync.my/

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