Flexible workspace demand rises amid recovering economy in Singapore

Demand for co-working space has been higher in sectors such as healthcare, education, e-commerce, e-sports and financial services. PHOTO: LIANHE ZAOBAO FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Demand for co-working spaces in Singapore has increased markedly in recent months with signs of economic rebound and more people back at work in the office.

International Workplace Group (IWG), which has 24 locations across its co-working space brands here, noted that occupancy of its space in the Central Business District shot up 28 per cent in December and January from previous months after the announcement of phase three of the reopening of the economy.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.