OYO, RedDoorz arrival spices up nascent co-living game in Indonesia

OYO, RedDoorz arrival spices up nascent co-living game in Indonesia

Central Park, Jakarta, Indonesia. Photo by Severinus Dewantara on Unsplash

While it has been around for decades in Indonesia, the long-stay room rental business has never been a lucrative venture that has evinced much investment interest or attention.

It is, historically, a way for old couples to earn additional income by renting out spare bedrooms – locally termed indekost or kost – usually to university students or local workers, who would live with fellow room-renters, sharing facilities like toilet, kitchen and living room.

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