Indonesia to get a new long-term co-living service

February 3, 2020
Share this Post: 

Budget hotel chain, RedDoorz, has announced the launch of KoolKost, a discount, long-term co-living service that allows travelers to rent rooms under flexible leases.

It aims to provide quality community-type living spaces for young professionals and college students in major metropolitan cities in Indonesia.

Adil Mubarak, Vice President of Operations at RedDoorz, said:

“In recent years, increased urbanization partnered with rising home prices has led to a demand for kost-type accommodation in Indonesia, particularly among millennials and Gen Zs who live and work in Indonesia’s busiest cities such as Jakarta, Surabaya, and Yogyakarta."

Kost is a local term in Indonesia that refers to a room for rent.

According to the statement, KoolKost provides a 24-hour customer service, complimentary high-speed WiFi access, room cleaning service, and unlimited filtered drinking water. All rooms are en-suite with a personal bathroom and are equipped with a comfortable bed and ample storage spaces.

Read more here

February 3, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Gumtree 1
Gumtree UK Quietly Sold to Chinese Owners of Classifieds Giant 58.com

O3 Industries and Novum Capital have sold their stake in Gumtree.com Ltd to Asian private equity firm Ocean Link and...

Read More
Fdv Results 1
Revenue Up 3%, EBITDA Down at Frontier Digital Ventures as Tough Conditions Bite in Q4

The Malaysia-based marketplace operator Frontier Digital Ventures has revealed that it saw 3% revenue growth in 2024 while EBITDA shrunk...

Read More
Hemnet Growth 2
Hemnet Q4 and FY 2024: ARPL Jumps 42% as Operating Profit Hits $57 Million

Swedish real estate portal operator Hemnet has released its interim report for the final quarter of 2024, boasting typically strong...

Read More
Product Update 2025Jan31 3
Product and Services Roundup: Housing.com, Dubizzle, Bayut, Jitty, OneDome, Immobiliare.it, Rocket

We'll start this week's roundup in Asia, where REA India is investing heavily in AI and virtual staging...   Asia:...

Read More

Editor's Pick