Coworking: Building a Cost-Efficient Success in Singapore

WeWork, Suntec Tower

It’s no secret anymore that this is an Asian century. Singapore is one of the emerging economic countries, attracting companies from all over the world to take advantage of its high productivity, skilled manpower, and booming infrastructure.

Coworking spaces in Singapore have begun to become the homebase for startups and corporates alike. Why? They're cost-effective. As indicated by property specialist Anarock, coworking spaces are 15-25 percent more cost-proficient for new businesses and firms as they allow them to set aside some cash in office rentals, property support, and settled capital ventures.

When it comes to having a coworking space for your business, then you can get the following things with having a coworking space:

Read also: 2018 Roundup: Best New Coworking Spaces in Singapore

1. Cost-effective solution
   It is one of the most financially savvy solutions - you don't need to give up any forthright capital expenses. You can book a space very quickly - especially via an online platform, and for short-term periods. You don't need to buy any office fixtures since you will gain admittance to a completely furnished workspace for your team to begin their work right at the moment you step into it.
   
   
2. Flexible lease terms
   Coworking spaces can be exceedingly moderate in short terms, and the rent duties are much more adaptable than private leasing. If you are not yet prepared to spend progressively, at that point you can keep up a great deal of flexibility by having a coworking space.
   
   
3. More event and training space
   At a coworking space you have access to sufficient spaces for events or meetings, as well as training rooms you can book to permit the training of your workers effortlessly.
   
   
4. Community
   Coworking spaces can provide you with a whole new network of people to help your company grow. This can be the most ideal path for you and your team to connect with different organizations, and once in a while, you can even discover a mentor, which can be valuable to pick up bits of knowledge from to develop your business.
   
   
5. Well-established place
   While getting a coworking space, you don't need to sweat the details in light of the fact that your landlord is going to set up your office including the required furnishings and keeping up the correct gear. 
   
   
6. Smart offices with the latest facilities
   You simply need to concentrate on establishing your business since the coworking space will be completely fitted with fast-speed internet and facilities for your prompt use.

On the event that you're currently in the planning of jump starting your business in Singapore, check out some of the affordable, yet coolest coworking spaces across Singapore below:

Regus


Working environments have an immediate bearing on your efficiency and performance. Be aroused by the view and get along with fun and professional people in this a la mode, smart and well-known coworking space, Regus. Right at the moment you step in, you can envision yourself in building up a vocation in your preferred industry while having a ball working alongside with the other great minds here.

Amenities: High Speed Internet, CCTV, Mail Service, Mailbox Locker, Private Phone Booth, Refreshments, Pantry, Conference Rooms, Front Desk Service, Daily Cleaning, Office Supplies and Business Class Printers.

Address: 1 Fullerton Road, Raffles Place / Tanjong Pagar

UCommune

The interior of UCommune isn't just casual and beguiling, indeed it is ergonomically designed to every detail. It was intended to guarantee individuals to accomplish a high level of productivity in the shared, like-minded work environment. With its exceptional administration and boundless utilization of meeting rooms, it completely has the right to be up there with the best, affordable coworking brands out there.

Amenities: High Speed Internet, CCTV, Mail Service, Private Phone Booth, Refreshments, Cozy Pantry,  PA System, Conference Rooms, Community Events, Front Desk Service, Daily Cleaning, Office Supplies and Business Class Printers.

Address: 9 Temasek Boulevard, Suntec Tower 2, Singapore 038989

MOX Space

Creatives assemble here. If you're in a creative industry - handicraft and design, opt to MOX Space as it is designed with the creative communities in mind, the self-touted co-making space provides facilities such as 3D printers, laser cutters, carpentry machines and specialized working stations equipped with design software. Located in Katong Point, the three-storey facility has a retail space, workshop rooms and a coworking space that can accommodate up to 200 people.

Amenities: High Speed Internet, Cozy Pantry, Mail Service, Private Phone Booth, Napping Room,  Refreshments, Conference Rooms, Community Events, Front Desk Service, Daily Cleaning, Office Supplies and Business Class Printers.

Address: 451 Joo Chiat Road, Katong Point, Singapore 427664

Read also: Affordable Office Spaces: Singapore's Top Workspaces under SGD 3,000

The Co.

An easygoing yet effective environment for nomadic professionals. With the beautiful white spaces, greenery, a plenitude of natural light, chic interior, and a lot of creative energy - it's always a joy to work here at The Co.! The space is always clamoring with events and activities - conducive for networking, yet there are adequate nooks to hide away and focus. Over at its High Street area, there are eight levels of space – running from pods to breakout spaces, event venues, meeting rooms, and even private offices.

Amenities: High Speed Internet, Mail Service, Private Phone Booth, Refreshments, Conference Rooms, Community Events, Cozy Pantry, Front Desk Service, Daily Cleaning, Office Supplies and Business Class Printers.

Address: The Co, 75 High Street and 99 Duxton. 

CoQoons

Give your ideas a chance to stream in a space that is splendid, inspiring, open, and inviting - a spark that lights a crisp perspective. CoQoons provides an extensive scope of inventive workspace, from single-person workstations to office suites that can fit a dozen people. Well-designed touches in a friendly environment make coming to work a welcoming experience every morning. What's more, you'll be encompassed by individuals who share your passion and love for ideas. People simply like you.

Amenities: High Speed Internet, CCTV, Parking Space, Mail Service, Private Phone Booth, Refreshments, Cozy Pantry, Dining Options, Conference Rooms, PA System, Community Events, Front Desk Service, Daily Cleaning, Office Supplies and Business Class Printers.

Address: 3 HarbourFront Place, HarbourFront Tower 2, Level 11, Singapore 099254

Corporate Serviced Offices

Rise and grind over at this coworking space to move your ideas forward on your journey to success. Located right in the heart of Singapore, this space in the OCBC centre has created a productive environment for nomadic professionals. The interior is one of the major highlights, fusing together modern contemporary vibes with a touch of earth elements. Be productive in their focus areas like the open pantry area or social areas with the coffee machine alongside in the lounge area.

Amenities: High Speed Internet, Mail Service, Private Phone Booth, Refreshments, Cozy Pantry, Dining Options, Conference Rooms, Community Events, Parking Space, Front Desk Service, Daily Cleaning, Office Supplies and Business Class Printers.

Address: 65 Chulia Street Singapore 049513

So if you’re one of the clan of the nomadic entrepreneurs, digital nomads, SMEs, solopreneurs, freelancers, or individuals who are flooding into a working career in Singapore, and are concerned about your budget plan check out the coworking spaces throughout Singapore. Another option? Send over a message to our local Space Expert, Jia Yiee, at jiayiee@flyspaces.com and she'll help you find the right office for your needs.