A Quick Guide to Singapore Co-Working Spaces And Their Rates
By EdgeProp Singapore
/ EdgeProp |
Singapore’s flexible workplace market has seen a flurry of activity by co-working operators in recent times. Today, it is a sector in its own right and the proportion of office space occupied by co-working places is projected to reach 20% by 2020.
Over the past year, there has been expansion from local operators, JustCo and The Great Room, and we’ve also seen mainland Chinese operators enter the market.
Suffice to say that what started out as a market disruptor and an alternative to traditional offices is now a fundamental part of commercial real estate.
However, going through the list of available co-working spaces can be a mind-boggling experience. Scroll down to view a list of Singapore co-working spaces and their rates, and read on to provide a glimpse into what they have to offer.
1) Collision 8
Image source: Collision 8
With panoramic views of Marina Bay Sands, Boat Quay and Fort Canning Park, Collision 8 is certainly no stuffy office. The 8,600 sq ft space on the eighth floor of High Street Centre even has a marble-topped bar, a wrap-around library and hydroponic micro-farms.
This co-working space offers hot desks, dedicated desks and private offices to a curated community of innovators from diverse backgrounds. They include Carousell, Ninja Van, Nest, Innosight Ventures and Next Money. In total, there are around 100 paid members, while another 600 form an invited community.
2) The Working Capitol
The Working Capitol is one of the more popular co-working spaces in Singapore and frequently hosts events with speakers from companies like Facebook and Mashable. Its in-house café, The Daily Roundup, is known for its crepes and cakes. It sits on the first level and makes for an excellent meet-up spot.
Spanning five historic shophouses, The Working Capitol on Keong Saik houses companies ranging from start-ups to multinationals. They include SingSaver.com.sg, a company specialising in flavoured ice, a local production house and a number of tech companies, including Swedish television applications provider Accedo to US e-payment enabler Stripe.
3) Trehaus
Image source: Trehauscowork
Trehaus is said to be the first co-working space in Singapore with childcare and learning facilities. Catering to parents in the workplace, Trehaus offers babysitting services and also programmes and lessons organised to nurture the young.
But parents need not worry about distractions, as they have adult-only zones when parents need some quiet time.
4) Collective Works
Collective Works features different colour zones to cater to the different working dynamics and styles of start-ups and innovators. Vibrant splashes of amber and upbeat music for those who thrive on high energy, and earthly shades for those who prefer something mellower. On Fridays, a snack trolley goes around to offer members a TGIF treat.
High profile start-ups at Collective Works include online restaurant reservation app Chope and ReFUEL4, a tech partner of Facebook.
5) The Great Room
Image source: The Great Room
The Great Room is inspired by posh boutique hotels, and it’s blue-tan colour scheme and warm-hued furnishings are so stylish, you’d probably forget you’re at work.
Its hospitality extends past its stylish décor. The Great Room also offers relaxation sessions that include shoulder massages (at a fee) and yoga sessions on Tuesdays. There’s also a turndown cart stocked with snacks to fuel members for the day.
About a third of its members are tech companies, while another one-third are in finance. The remainder are in creative and lifestyle industries. Existing members at The Great Room at One George Street include Thailand-based fintech start-up Omise; New York-based Sprinklr, which provides social media management to companies; and Berlin-headquartered Design Hotels, which provides hospitality services to boutique and luxury hotels in over 50 countries.
6) Servcorp
Image source: Servcorp
Founded by Alfred Moufarrige, Servcorp pioneered the virtual office concept in the 1980s. It expanded to Singapore, then throughout South East Asia in the 1990s.
Today, the public-listed company offers spaces, virtual offices, co-working and IT solutions in over 160 locations across 54 cities in 23 countries across Asia, Europe, the Middle East and the US.
In Singapore, Servcorp locations include Marina Bay Financial Centre (Tower 2), CapitaGreen, Six Battery Road, Suntec and The Metropolis. Its current members are predominantly from the finance, legal and recruitment industries.
An overview of Singapore co-working spaces and rates:
Do note that this list serves merely as a guide and often, there are other packages offered in the same space at different prices. Some co-working spaces also cover different locations. In such cases, we will usually cite the lowest rate of the packages offered. In addition, our list is not exhaustive and rates quoted are subject to change and may differ from actual prices.
What are some other cool Singapore co-working spaces that you think should be on the list? Help us expand this list by letting us know in the comments section below!
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