The country sits in one of the most strategic positions in the Asia-Pacific market. For business, Singapore has been described as a gateway to other markets in this region, making it a very attractive place for new business.
In fact, the country has the potential to be a great source of work for independent contractors and freelancers simply because of its government’s pro-business policies and commitment to cracking down on corruption.
In addition to the government’s stance on business, the landscape has created the chance for small businesses to compete with larger ones by establishing a platform for free trade. One of the ways this can be seen is through office space, especially the coworking scene. In the last few years, Singapore’s coworking scene has evolved to include a variety of spaces.
Let’s take a closer look at what’s to be expected when it comes to coworking in Singapore.
Gone are the drab spaces that only provided businesses with the very basic internet connection and workspace, as the country’s spaces have undergone a makeover. While you still might see some of these spaces in the landscape, newer more impressive buildings are beginning to define the landscape.
Modern décor complemented by furnishings that are both stylish, and in some cases, trendy are a part of the coworking scene, and these spaces can be found all over the country.
If you are looking to class your business, consider moving toward the CBD where skyscrapers are outfitted with the finest furnishings giving your business a professional image.
Servcorp’s coworking space in Singapore, for example, has offices sitting on Market Street and Marina Boulevard, offices styled for the corporate business in mind. Your coworking space sitting in any one of the country’s business districts can help you project the perfect image to clients.
Focus On Wellness
Many of the spaces have moved beyond the café or coffee bar into providing spaces with amenities that have real value. In line with understanding, health is a great part of productivity, many spaces offer yoga as a part of their menu.
A few spaces offer gyms for professionals who want to exercise before, during, or after their workday. Then, other spaces include more practical amenities that can help professionals get through the workday, namely daycare. In an environment that encourages family relationships, these spaces recognise the value for providing daycare to professionals with busy careers.
A Mix Of Conglomerates And Small Spaces
In the Singapore office space landscape, businesses will also find that, while many of the coworking spaces are funky little enclaves that define their own community many larger, international spaces are cornering the market.
The benefit to coworking professionals in the country is this variety allows them to choose between small spaces that can be a platform for finding a community or larger spaces that can give your business access to the international coworking community.
Wide Price Range
The coworking landscape has a budget for just about any business in the country. Prices as low as $25 a day can be found in the country, but businesses should shop around because most of the spaces cost various amounts depending on the package. In fact, businesses can opt to pay for space a la carte or go with one of the all-inclusive packages.
A Guide To Coworking In Singapore
Coworking has become one of the best ways to create a platform for business. In a culture that really supports relationships, personal and business, the coworking platform provides professionals with an opportunity to develop business relationships. Coworking in Singapore can help build these relationships in a climate that is as diverse as the country itself.
A coworking space is a shared office space that is often rented out to professionals and entrepreneurs who seek a place to work without the overhead of a traditional office. In a coworking space, individuals can rent a desk or space to work on their own projects, collaborate with other professionals, and socialise with coworkers. They also often feature shared amenities such as high-speed internet, printers, meeting rooms and other resources.
There are a number of coworking spaces located throughout Singapore, from standalone options located in commercial buildings to full-service spaces located in the tech district. You can find the latest list of coworking spaces in a variety of resources, including online directories or reviews on websites such as Yelp.
Depending on the size and type of coworking space, amenities can range from basic necessities like high-speed internet and desks, to more luxury accommodation such as conference rooms and private phone booths. Many coworking spaces also provide additional resources such as printing services, snacks and coffee, and even access to private lounges.
Yes, most coworking spaces are designed to accommodate a variety of activities and types of workers. Common activities include working, meetings and networking, so you’ll typically find workstations, lounges with couches and tables and quieter areas for more focused work.
Generally speaking, most coworking spaces are open to entrepreneurs and professionals of all kinds, as long as their activities are in line with the space’s policies and do not interfere with the comfort and safety of other members. Some activities may be prohibited, such as smoking and bringing pets onto the premises. Be sure to check the terms and conditions of a coworking space to make sure that your activity is allowed.
In addition to a cost savings and access to amenities, coworking can provide a range of other benefits, from cultivating relationships with other tenants and building a peer network to enjoying a flexible work atmosphere with more convenience than a traditional office. As an added bonus, coworking spaces can offer social and recreational activities and events, too.
Prices vary depending on the type and size of space, but generally the cost of a coworking space will depend on the length of stay and the amenities and resources provided. Many coworking spaces offer daily, weekly, monthly and even annual passes to suit a range of budgets.
Most coworking spaces in Singapore provide online information about their offerings and how to apply. Generally speaking, the application process involves providing contact and payment information, signing a contract and undergoing a background check. After the application is approved, you will receive a registration code to access the space.
Most coworking spaces in Singapore have security measures in place to ensure the safety of workers. These measures include CCTV surveillance and access control systems, alarms and emergency buttons, and fire safety systems.
Yes, to maintain an atmosphere conducive to work, most coworking spaces have rules that tenants must abide by. These can include noise levels, maintenance of the premises and treating other tenants with respect. Make sure to review the rules set by a coworking space you are considering renting before committing to a contract.