“Not all businesses are suitable for co-working spaces. It will appeal only to millennials. My business needs a proper office to meet customers”. These are some of the reasons people use to avoid the growing trend of co-working spaces.
In 2018, flexible workspace supply in Kuala Lumpur grew by 36%, making it the fastest growing key city in the APAC region, outpacing fast-growing markets in Gurugram, Chennai Brisbane, Hong Kong, Sydney and Singapore. Some hot areas for business addresses include Damansara Heights, Bangsar South, Mont Kiara, Petaling Jaya and Subang Jaya.
There is now a higher acceptance for co-working spaces. In fact, the cost per desk is actually lower than indicated as many are not located in the most prime areas.
Co working spaces are here to stay and it's getting vibrant as well. Bravo!
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