The various benefits of co-sharing spaces

CO-SHARING of workspaces has become extremely popular and this is reflected in the increased demand for small office suites.

Developers have responded by providing options in very premium locations. Here are some of the typical benefits of buying into the co-sharing concept:

Flexibility

Businesses can adjust their co-working plan to accommodate shrinking or expanding teams, thus only paying for what it requires.

This becomes more pronounced when a business has off-peak times, allowing it to only pay when the space is required. The same benefit applies to freelancers who can rent a co-sharing space only when the need arises.

Unique networking platform

Unlike traditional offices, co-sharing workspaces typically involve people from different industries sharing the same floor space.

Being in close proximity to people from diverse industries offer unique networking opportunities, allowing for personal growth and business expansion.

Such a community can also be the spark for creativity as new ideas are formed by observing fellow tenants with their different methodologies and work styles.

Lower costs

Cost efficiency is probably the primary benefit of co-sharing workspaces. It allows organisations or individuals to share common expenses such as reception services, printers, wi-fi, pantry and bathroom expenses.

Since the space is not a long-term real estate lease, it has to remain attractive to tenants. Therefore, property repairs are more frequent and timely, locations are centralised, and parking should be accessible.

For a prime example of a great co-sharing workspace, do check out the Atelier+ LoSo (Lifestyle office / small office) units at edusphere development in the IT hub that is Cyberjaya. To find out more, visit http://edusphere.com.my. – Feb 12, 2024

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