The new 14-storey co-living building designed to provide affordable accommodation for students and single residents has been completed in Hulhumalé, with the allocation process now set to begin.
The Housing Development Corporation (HDC) confirmed that construction of the facility has been completed and stated that the next step will be allocating the housing units.
The 14-storey building is located on a 16,934-square-foot plot between the Maldives Ports Limited (MPL) flats and Vinares flats in Hulhumalé Phase 2.
The project was launched by HDC on 29 December 2022 to provide affordable housing for students and single people living in the Greater Malé Region. Construction was carried out by Rotime Engineering and Technology, a Maldives-based company with shares registered in Hong Kong.
The building features a co-living concept, with both single and twin-sharing rooms.
The second to ninth floors are designated for twin-sharing accommodation, while the remaining floors will contain single rooms. Each floor will have a communal pantry and kitchen.
The development will also include an outdoor gym, laundry facilities, and shops.
However, HDC has not yet disclosed the total number of rooms available or the criteria and process that will be used to allocate them.
When asked for details, HDC said further information would be provided to the media at a later stage. The corporation has also not yet announced rental rates, application dates, or eligibility requirements.
Further details on the allocation process are therefore expected from HDC before prospective residents can apply for the accommodation.
