Latest figures show that Kuala Lumpur is one of the most expensive cities in the world to rent an office. But you can find cheap coworking spaces in Kuala Lumpur – coworking and serviced offices can be up to three times cheaper than a commercial lease, and they come with heaps of business-boosting benefits, too.
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. Flexible and affordable office solutions 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 office space that will help them do what they do best without breaking the bank. 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 coworking offices for the first time.
We can’t even deal with this stunning coworking office in KL’s Vipod Business Centre. Its facilities are next level – you can eat, play, work and rest in a gorgeous environment supported by a stellar onsite team. When you rent a coworking desk or private office, you get a great cafe, comfy lounges, onsite daycare, fitness centre, breastfeeding rooms and relaxation rooms with hammocks. If you’re looking for bang for your buck in a banging space, this is a great coworking option.
This coworking office space in Kuala Lumpur has an inspiring design, top connectivity and incredible facilities to make both work and life easier. It’s located in the lifestyle mall Glo Damansara between Kuala Lumpur and Petaling Jaya so you pretty much have everything you need on your doorstep. It brings together tech startups, investors and enterprises and is an ideal office space for those with a community mindset.
This fun and engaging coworking office is built around the human need to socialise and connect with awesome cowork areas and relaxation hubs. If you want somewhere to go to meet like-minded people, bounce ideas, share inspiration and potentially forge successful connections, this is a fantastically affordable option. Located in a bustling Sri Petaling precinct, it is an ideal space for sprouting startups, freelancers and digital nomads in South East Asia.
Need business services and support on top of your shared office space? This serviced office space in Kuala Lumpur offers professional support and advanced IT with a corporate design. It is in the Menara Citibank building, a 50-storey A-grade building designed by renowned architects and onsite amenities include foodcourt and parking. We think this office is perfect for up-and-coming businesses with big ambition in professional services or finance. And just check out that view!
Chic, sleek and professional, this serviced office is in the Axiata Tower in the heart of KL Sentral. Each office space for rent is equipped with 24/7 access, fast internet and phone lines plus dedicated IT support. There are also great meeting rooms for when you need a burst of creativity. The building is one of the most impressive things – it won the Best Corporate Office Building Award in 2010 and is the first private building in KL Sentral to be awarded Multimedia Super Corridor status. It’s singled out as one of the best lifestyle buildings in the world with international dining, banks, sports facilities and recreational outlets.