How To Find An Affordable Coworking Space In Singapore?
Moreover, there are different kinds of properties to choose from, which might also make the decision more complicated. This is mainly because various types of office space also have different coworking desk costs.
Dealing with so many different options to property options to choose from makes finding the cheapest coworking space harder to find. We recommend taking the time to assess what the company needs and then making the decision.
Tips for Finding an Affordable Coworking Space in Singapore
Searching for coworking space in Singapore that fits your budget can be fairly challenging, especially if it’s your first time looking for an office space. You might even miss out on the cheapest office space without the right approach.
Thus, we will discuss the top tips for finding an affordable coworking space in Singapore:
1. Assess your Needs
The biggest mistake you can make while searching for an affordable coworking space in Singapore is not keeping your individual needs in mind.
Every business has different requirements, and meeting these needs may not be for every coworking space. We recommend searching for the most popular shared coworking spaces for your company to keep the process streamlined.
If you’re an SMB, then the most spacious office space might not be the top priority for you. However, if you’re an expanding business with a large employee number, you will compromise on higher costs for the right office size.
So, it will vary from company to company. Moreover, if you’re a tech related company, an internet connection or a good infrastructure is a must for you. Take the time to determine what you need to make the hunt for a less costly coworking space in Singapore easier.
2. Research in the Industry
The cost of per day coworking space in Singapore is slightly more costlier than other options found in the market. However, if you’re seeking an affordable coworking space in Singapore, you need to research the market.
The research generally involves the properties available, assessing your personal office needs, and determining the right prices. It may seem like plenty of work but you can ease it with the right approach. We recommend discussing your needs with professionals behind these coworking spaces as they can provide hands-on guidance.
If you’re looking for a few property recommendations, here are some of our favorite coworking spaces you can choose from:
The Work Project (Singapore)
2 Science Park Drive, Singapore
| Available Offices | 16 Offices |
|---|---|
| Capacity | 1 - 36 Desks |
| Price Range (Month) | SGD 457 to SGD 22,622 |
|---|---|
| AVG Desk Price (Month) | SGD 639 |
Considered an affordable workplace, this coworking space is only a 4-minute walk from Kent Ridge and PSB S'pore, Science Park Dr bus stop. It can accommodate up to 2 people and offers several amenities and services you will require to ensure a smooth workflow.
Highlights & Features
Some of the best amenities in this office are:
- 24/7 accessible workspace with a fast and seamless WiFi connection
- Fully furnished space with modern and well-equipped meeting rooms for business meetings and discussions
- On-site mail handling and telephone answering services to boost your credibility
- Collaborative public place for you to connect and network with other industry professionals
Recommended read: What is a coworking space & how to find one in Singapore?
Regus (Singapore)
1 Fusionopolis Place, Singapore
| Available Offices | 20 Offices |
|---|---|
| Capacity | 1 - 20 Desks |
| Price Range (Month) | SGD 127 to SGD 15,987 |
|---|---|
| AVG Desk Price (Month) | SGD 792 |
This another popular coworking space is located 2 minutes away from the One-North Stn/Galaxis bus stop. Further, being a state-of-the-art space, it is the ideal working destination for a new generation of talented and tech-savvy businesses.
Highlights & Features
In here, you can further avail yourself of additional amenities and services such as:
- Collaborative public space to connect with other individuals to share aspirations and ideas
- A receptionist and waiting area for your clients and an on-site parking space
- Fully equipped boardrooms and meeting rooms to conduct professional conferences and discussions
- Great kitchens, breakout areas, fast Wi-Fi, and 24/7 access, all at your convenience
Though these were the few picks you can consider, for a more expanded search, we recommend exploring more coworking spaces in Singapore within a budget and selecting the one that suits your preferences the best.
3. Pick the Right Office Locations
Your office location is just as important as the office space itself. There’s no point of having an office in a subpar or crowded location. It will impact your operations as well as your company’s brand image. Most new businesses overlook the vitality of the right office location, landing them in complications.
For example, an office space located in a central location within Singapore is likely to be easily accessible for employees. These offices are closer to the airport, which is great for employees and clients who travel frequently.
Choosing an affordable coworking space in Singapore in a more central location ensures that your clients see you as a more reputable company, too. It will also bring positive discoverability and create a good brand image for you.
4. Prioritize Flexibility
Flexibility is a must for new coworking employees, considering many of these professionals work hybrid and remote jobs. While hybrid clients don’t really need the space daily, they should still have the freedom to work from the office when they want.
The same goes for remote employees who might be interested in a virtual coworking space. You need to prioritize flexible options so that employees can work in ways best suited to them. Assess what will work for your employees and try to cater to their requirements as well as possible
5. Check for Discounts and Promotions Regularly
Since there’s a massive demand for office spaces in Singapore, there’s more competition to be the best as well. Companies provide great discounts and promotions to retain existing customers, or even attract new ones to their services.
However, picking out these promotions and discounts requires research and staying in touch with the office spaces. A great way to do this is by subscribing to newsletters with the latest details or checking the website regularly.
The discounts will vary based on the property type and the offer up by the company. However, it is always a good idea to check them out regularly. Nevertheless, we recommend checking the terms and conditions for these promotions and discounts as well.
Bottom Line
Finding an affordable coworking space in Singapore requires research and focusing on company needs. You need to check for discounts, promotions, and keep up with industry trends. These simple steps allow you to make the best decisions for your business and get the most out of it.
If you still have more questions, we recommend reaching out to the professionals at Office Hub and discussing your needs with them. They will guide you regarding other technical aspects of finding coworking spaces and even recommend good ones when needed. Reach out to Office Hub today!
