[IkmoIkmo]

Yeah I run into a similar story here, small modern units aren't necessarily cheaper, unfortunately.

Normally you'd expect this to generate a lot of turnover because there's a decent chance you can find a better deal on a $/m2 basis within a year or so. Which is tricky for normal landlords, because you need to organise viewings and find another tenant, which leads to temporary vacancy and lost income.

But these hotel-room like units tend to be so so uniform and modern, that, like hotels, you can easily get them booked via an online system without even having to organise viewing days or whatever, or better, generate a waiting list online of tens of people who're willing to move into one the moment one becomes available.

We have small apartments that aren't age-limited here, too, but they start (based on building regulations) at 18m2. The 'really' small units of 15m2 are allowed only for student rentals, which are typically linked to an age (27) or university enrolment requirement, or both.