Flexible Workspace Report 2019

Apr 30, 2019 3:38:14 PM / by Suvi Hoikka posted in Southeast Asia, Coworking Space, industry insights, Flexible Office Space, coworking singapore, coworking kuala lumpur, office for rent, coworking jakarta, coworking manila

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The last two years have seen the continued adoption and creation of flexible workspaces across Southeast Asia at a seemingly unstoppable rate. Currently 5% of the regions office space portfolio is made up of coworking spaces, however CB Insights estimates this to grow to 15% by 2030. Going hand-in-hand, Cushman & Wakefield expect the demand for these spaces to grow at a 10-15% annual clip. In fact, a report by Instant Offices suggests that in 2018 the flexible workspace market in the region is the fastest growing in the world, being home to 6 out of 10 of the largest markets for flexible office space.

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