Photo by Chris Hocking.
Regus co working space Supplied: Knight Frank The demand for flexible workspace is set to accelerate as over two thirds of global corporates plan to increase their use of flexible co-working and collaborative space over the next three years, according to Y OUR SPACE — a new report on workspace occupier solutions by Knight Frank.
Flexible workspace is on the rise, supplied not only by co-working operators but also by landlords and developers who are increasingly moving into the market directly themselves. Co-working space, which allows independent and mobile professionals to work alongside one another but on their own projects, encourages social interaction that may well be the dynamics that affect demand.
This business culture has led to the rapid growth of co-working space operators in major cities across Malaysia. Notable industry players who operate more than ten outlets are Common Ground and Regus Malaysia.
Prominent co-working space operators such as the likes of Regus and ADA have made inroads to Penang and are still actively seeking to expand their presence in the state. Local operators are also starting to emerge especially in established urban areas such as Georgetown and Seberang Perai, supported by the availability of amenities and good connectivity cum accessibility.
The growth of co-working space is mainly fuelled by strong demand from freelancers as well as CAPEX contribution by landlords.
In the southern state of Johor, the co-working space arena is mainly dominated by diminutive local operators, operating in shop-offices with start-ups being their main target market. Regus is currently the only notable operator, which has a presence in the state.
Moving forward, strong latent demand for co-working space as a result of shift in business cultures and structures is expected to fuel growth of the industry. As major occupiers of co-working space in Johor comprise of start-ups, price sensitivity remains high. Henceforth, operators must strive to provide reasonably priced packages in order to gain market share.
Similarly, Regus is again the only full-fledged co-working space operator in Kota Kinabalu, with the rest being small-scale local operators. In the local context, the concept of flexible workspace is still relatively new and traditional office space is still the preferred choice among home-grown SMEs.
However, the trend of co-working space is expected to grow, albeit at a gradual pace as the concept gains traction among start-ups, freelancers, independent contractors and multinational firms that need a temporary base of operation for quick market entry.
For example, we are given to understand that Regus is performing favourably in the city and is now seeking to expand into other localities. As of today, notable co-working and serviced office operators occupy in excess of about 1. Space requirements generally comes from both local and MNCs with a mixed trade - IT and related industries, logistics, insurance, recruitment etc.
It is still a hurdle to match the cost of providing new funky spaces and the bottom line of businesses. In conclusion, major cities beyond Klang Valley such as the likes of Penang, Johor and Kota Kinabalu have also experienced a surge in co-working space.
This trend is primarily fuelled by the strong demand among start-ups and freelancers alike. It is also worth mentioning that while occupants in these cities still do not highly value the collaborative environment and favourable ergonomics offered by co-working spaces, this element is expected to become increasingly relevant in determining the performance of co-working space beyond the Klang Valley as more millennials, who value experiences more than their older counterparts, start to enter the workforce in these cities.Nozawa Onsen had great powder, was only a few hours from Tokyo and a good selection of run abilities.
There was also a great vibe in the village with all the onsens (hot springs) available and the nightly karaoke at Heaven Bar. Business hotels are especially convenient for business travelers as they are often located near train stations and you can leave your bags at the front desk.
Love hotels Another kind of hotel that you will see all over Japan is the notorious love hotel. Nozawa Onsen, nozawaonsen-machi, nagano-ken, japan. 1, likes · 67 talking about this · 28, were here.
Nozawa Onsen Guide is the ultimate guide to /5(). An Onsen town on the Shionada plain outside of Ueda city.
There are many beautifully-crafted temples and ryokan here, earning it the nickname “the Kamakura of Nagano.” It can be reached from Ueda station via the Ueda Dentetsu Bessho line. Nov 21, · The demand for flexible workspace is set to accelerate as over two thirds of global corporates plan to increase their use of flexible co-working and collaborative space over the next three years, according to (Y)OUR SPACE – a new report on workspace occupier solutions by Knight Frank.
Snow Conditions in Nozawa Onsen. But there is a m vertical difference in Nozawa Onsen between the top and bottom, so up top when you get off the Gondola can be a perfect Winter Wonderland and it is like a private resort for you and your friends on .