Ayala hops on co-living space trend
AYALA LAND Inc. (ALI) is entering the co-living space business, as it opened The Flats Amorsolo in Makati City.
In a statement, ALI said the 15-storey building, located along Amorsolo Street, features coliving spaces catering to young urban professionals who are tired of their long commute to their offices in Makati.
“Ayala Land has always been responsive to the needs of young urban professionals who aspire for a perfectly balanced life. Co-living is an urban lifestyle concept that offers an affordable alternative to lengthy commutes and paying expensive transportation fares. We’re glad to announce that The Flats Amorsolo is now open,” Shiella Aguilar, ALI Makati project development head, was quoted as saying.
The Flats Amorsolo boasts of a central location in the business district, as it is within a five-minute walk to Ayala Avenue and near the Dela Rosa Walkway.
Co-living units are available for a six-month minimum lease term. Each unit can host a maximum of four occupants. There are also units designed for three or two occupants.
ALI said the units are designed for optimal space usage, with built-in beds, built-in cabinets, individual desk spaces, air-conditioning, a kitchenette, and an en suite toilet and bath with shower. Occupants are given an electronic key card.
The building also has a lobby and reception area with basic service shops. Parking spaces are also available for lease.
ALI said it is planning to open more coliving spaces in other areas in Makati and Bonifacio Global City to meet the growing demand. —