Working Spaces For The Free Spirited

Coworking spaces are gaining popularity in Gig economies worldwide as current working trend leans towards working remotely and freelancing.

For startups and small-scaled businesses, it provides a cheaper alternative in terms of operations cost compared to the old-fashioned traditional structures.

Traditional ways of setting up an office requires longterm tenancies, renovations, furniture and facilities such as pantry, WIFI connection, printers and car parking space which translates into additional costs for businesses. Not to mention monthly fixed costs such as water and electricity bills. All these are provided for by coworking spaces with no additional cost other than daily rental.

These office sanctuaries also allow workers to have the freedom to decide on their working hours as opposed to traditional offices which require staff to log their activities such as the time they start work and duration of breaks.

According to IWG survey, 78 percent respondents said that flexible workspaces help drastically reduce set-up costs and need for capital investment. The same survey also found that 86 percent of Singaporeans now work from outside their offices.

As such IWG, the world’s leading provider of flexible workspaces, decided to spread its wings outside Europe with the opening of the 26,000 sq ft-Spaces co-working area in Singapore in 2016. Today IWG has firm presence across the region with 23 locations in China, Japan, South Korea, Hong Kong, Taiwan, Thailand, the Philippines, Australia and New Zealand.