A Guide to Affordable Coworking Spaces in Kuala Lumpur That Do More For Your Business

A Guide to Affordable Coworking Spaces in Kuala Lumpur That Do More For Your Business

Written by: Rebecca Philipp

Last Update: 26 May, 2022Read: 5 minutes

Although the Malaysian office market is oversupplied with office buildings, prices are still super high. Leasing an office is financially out of reach for many of the country’s most promising small businesses, startups and entrepreneurs. Office occupancy increased slightly in 2017 to 83.8 per cent, driven by the business hubs of Kuala Lumpur, Selangor, Sabah and Putrajaya, and this competition has seen Kuala Lumpur named in the top 16 most expensive cities in the world to rent an office last year. The Petronas Twin Towers and the Integra Tower tracked the highest rents in Malaysia – KL City achieved an average rental of RM5.98 per sq ft in the second half of 2017. KL Fringe and Selangor recorded RM5.67 and RM4.13 per sq ft respectively.

Conventional office leasing in Malaysia comes with sky-high costs and cold-feet-inducing commitment, and the latest generation of leaders and innovators just ain’t about that life. Affordable coworking spaces keep young businesses flourishing – they’re way easier on the purse strings with all-inclusive rates and flexible memberships, and they help you be agile and adaptable to change. They also have a jaw-dropping effect on productivity, motivation, sense of identity and happiness.

For Kuala Lumpur’s most exciting startups and small businesses to keep innovating, they need affordable coworking spaces that will help them do what they do best. Forget the stale desk-and-internet-cable environment – you won’t know what’s hit you when you walk into one of these awesome Malaysian affordable coworking spaces for the first time.

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