Running a business requires entrepreneurs to face a myriad of obstacles. Among them, honing a product idea, developing a business plan, forming a strong team, and also finding the perfect space wherein the business can grow. This last task has proven challenging for many entrepreneurs, especially in Southeast Asia where office vacancy rates are among the lowest in the world. These circumstances have encouraged startups and SMEs to explore options outside of conventional office leasing; thus the trend of short-term workspace solutions, particularly coworking, has taken flight in the region.
At the beginning of the year, Deskmag counted 7,800 coworking players around the world. Forecasts indicate that there will be 16,100 by year-end. The largest spaces, in terms of number of members, are located in Asia. Coworking has come a long way from the first space that opened in San Francisco back in 2005. Today, the short-term collaborative workspace solution is growing at staggering rates per annum, and Cushman & Wakefield project that it will occupy 15% of total office supply in Southeast Asia by 2030.
Trehaus, SingaporeRead more
Situated at the junction of two great rivers in the vast Klang Valley is Kuala Lumpur, a name that literally means “muddy confluence.” Nowadays, it is a sprawling metropolis marked by soaring skyscrapers and surrounded by lush greenery. Pulsing with life and energy, it is more than just the capital of Malaysia. Kuala Lumpur (KL) is at the heart of industry, commerce, finance, history, culture, and modernity in the country.
Having been in the business of flexible work spaces for over 20 years, Regus has provided serviced offices to numerous Fortune 500 companies, and currently operates 2300 business centers across 120 countries worldwide.Read more
In recent years, thanks to the surge in remote workers and opportunities in the growing gig economy, shared offices and coworking spaces have experienced a modern renaissance, with innovative office concepts and novel workspaces proliferating across the globe.Read more
Driven by an enterprising spirit, Singapore’s coworking environment has developed alongside the country’s progressive economy. With a supportive business community, including financial backing from the government, shared office spaces have grown from a burgeoning trend into a respectable standard. With the work force shifting to flexible office concepts, these creative fields have become hubs of activity and collaborative inspiration.
THE GREAT ROOMRead more
Convenience and sensibility are at the heart of coworking in Malaysia. Startups, freelancers, lean corporations, and thriving businesses alike continue to seek out new and exciting workspaces that suit their company’s needs and fit reasonable budgets.
Built to accommodate a diverse pool of professionals with various needs, Kuala Lumpur’s edgy coworking spaces are charged with passion and bristling with the capital’s creative workforce.Read more
Founded in 1989 by English entrepreneur Mark Dixon, Regus (www.regus.com) has established itself as a multinational corporation that provides serviced offices and workspaces around the world—the global leader in the flexible work space industry.
With a network that spans over 100 countries, over 900 cities, and over 3000 locations, Regus is more than 20 times bigger than their next competitor. “That means that you will always have professional flexible work space with Regus near you, almost regardless of where you are,” says Lars Wittig, Country Manager for Regus Philippines (www.regus.com.ph).Read more
Fuente Osmeña Rotonda, Cebu City
Situated in the Central Visayas and designated as the Philippines’ Queen City of the South, Cebu offers an alternative to Metro Manila’s restless urban hustle and bustle. In this Visayan capital city, expect a laid-back atmosphere that reflects its lush island surroundings. Cebu offers a concentration of tourism destinations, heritage sites, pristine shores, sweeping city views, as well as a booming economic industry. Aside from its idyllic scenery, Cebu City is second only to Manila in terms of business and investment potential, ranked 7th in Tholons’ 2016 Top Outsourcing Destinations, identified in 2014 as one of 5 Future Eco-Cities in Asia by the United National Industrial Development Organization (UNIDO), and previously declared as a Top 10 Asian City of the Future by Finance Direct Investment Magazine.Read more
For over two decades, Regus has built its reputation as the world’s leading provider of serviced workspaces—with business centers, executive suites, conference rooms, lounges, and virtual offices spanning 3000 locations, 900 cities, and 120 countries. With a trusted network of centers across the globe, Regus is the preferred choice for clients such as Apple, Toshiba, and Google in the Philippines. This month, Regus opens their 24th workspace in the Philippines, a testament to their solid and unwavering presence.
On May 30, 2016, the Regus Office at McKinley Town Centre finally opens its doors. The newly launched office is ideal for long-term tenants as well as temporary space rentals—featuring 34 offices, 179 work stations, 2 meeting rooms, a business lounge, and café. To learn the story behind the company’s regional progress and their ongoing global expansion, Flyspaces had the unique opportunity to speak with Lars Wittig, Country Manager for Regus Philippines.
McKinley Town Center, Fort BonifacioRead more
Kuala Lumpur, Malaysia—With a skyline characterized by soaring glass and steel high-rises, sleek buildings with pointed spires, historic architecture alongside modern structures—and another 60 new office buildings expected by 2018—the metropolis, fondly known as KL, is a prime destination for innovative corporations and global business. In their continued regional expansion, FlySpaces debuts its Malaysian chapter in the capital city. Now, start-ups, entrepreneurs, companies, and relocating businesses have a convenient portal into Kuala Lumpur.Read more