Top 5 Reasons Coworking Spaces VS Commercial Offices for Rent in KL
With coworking spaces in KL redefining the working experience, many Malaysians are finding that this new alternative to commercial offices as a great new option in the workspace environment. While many companies find traditional offices the more attractive choice currently, there has actually been a shift in trend where people are finding a better environment to work. Here are 5 reasons why Coworking Spaces are creeping up on Commercial Spaces in KL!
Flexible in Contract Terms and Space
Nowadays due to the constantly changing environment that we live in with COVID-19 being a prime example, flexibility is a highly sought value that companies look for. For coworking spaces, this comes in abundance as coworking spaces are capable of accommodating different types of companies regardless of the size. For example when a team of 10 people rent out a commercial office, they are stuck to paying rent for an area that may be too big. However if the same team goes to a coworking space, they will have a variety of options to choose from hot desks, dedicated desks or private suites. On top of this, coworking spaces also are flexible in their contract terms so instead of a 2 year lease, you can rent out the space on a month to month basis!
All Inclusive Pricing
Thanks to this flexibility, coworking spaces are actually more affordable than renting a commercial office. Due to many coworking spaces already outfitted with all the furniture and utilities like electricity or wifi, many companies will have a lower overhead due to the fact that they are able to work in a professionally crafted environment without worrying about the office maintenance costs! On top of this, Coworking spaces also include professional office amenities like photocopier, mail handling services, free flow coffee and meeting rooms which add even more value to the space!
Maximising Productivity
Another selling point for all coworking spaces is that their main goal is to create the perfect environment for you to work in. With a commercial office, you are forced into interactions constantly and possible office politics that could lower productivity. However in a coworking space, everyone understands there is a time for work and for play which results in a workplace where you are able to focus completely on your work until a break is needed. The biggest myth about a coworking space is that it is full of distractions however when surrounded by various people from all types of work, you can also find inspiration for your own work and become more motivated than before.
Network and Business Collaboration Opportunities
Something Commercial Offices will never be able to challenge coworking spaces in is the opportunity to network and collaborate. Many coworking spaces in KL pride themselves on being hubs of networking options where working with different types of professionals everyday can help bolster your own progress or provide new insights than previously undiscovered. For example Sandbox Space hosts many events and resident meets monthly in order to help foster this sense of community, resulting in many companies and workers creating meaningful connections both in business and in life.
An Office Built for YOU!
Finally the biggest reason why commercial spaces are losing their appeal to coworking spaces is the diversity of all the workspaces available around Malaysia. While commercial offices for rent tend to have the same layout and design, not one coworking space is the same as another. Depending on their tastes for decorations, location or other requirements, companies do not have a hard time finding a space that caters to them. From high-end spaces such as Colony who cater to more established companies, there are also coworking spaces such as Hub Meraki that specifically are for the budget-oriented which offer cheap daily rentals. With coworking spaces on the rise, there will always be a place made for you.
While commercial offices for rent in KL may currently reign supreme for now, coworking spaces have proven to be a mainstay for the future to come. While both spaces are needed in the current market, companies that are looking to seek a change in their environment and a boost to both their finances and productivity may do well for themselves by starting their search for the perfect coworking space!
Come check us out at Sandbox Space and see what one of the best workspaces can offer you!