You may be a freelancer, working full-time for a company, or an entrepreneur launching a start-up. Trehaus is the most kid-friendly of the lot and even has a childcare centre on-site. The office has a rather corporate feel compared to the more hipster-leaning spaces on this list, but what’s good about it is that it has LOADS of meeting rooms/spaces. YOTEL Singapore is located on Orchard Road, ... and without the hefty price tag. Take note that Trehaus has moved from Orchard to North Bridge Road. In this current climate, companies are looking for better ways to maintain flexible work arrangements for the sake of business continuity and to protect employee safety. When using one, you work independently of each other. Small companies who don’t want a permanent space: If you are a small set-up and don’t want to take on the cost or commitment of renting office space, co-working spaces can be an alternative. Monthly rates: from $490 (hot desk) / from $690 (dedicated desk) / from $731 per pax (team room). Many co-working spaces offer day- or week-long passes. If you’re still thinking of signing up with a coworking space, you can go down for a tour, or try a free day pass that typically costs between $40 and $70. One Space location is a 4-minute walk from to Ubi MRT. Located near Kent Ridge MRT station, Our Bridge Plus is a good location for those who want to be close to the healthcare and biomedical hub in the West (e.g. Workbuddy is currently offering a free 1-week trial. You’re less likely to slack off when you’re surrounded by other people hard at work. Subscription types: Some co-working spaces offer various subscription tiers which will enable less frequent users to save money. But how do you pick the right coworking space for you, and how much should it cost? Here’s a guide to 14 popular coworking spaces, what they offer, and how much they cost. Major spots of the city are accessible easily from this site. There are also recreation facilities like an arcade and foosball room and a pingpong table. Remote workers: You might be a salaried employee, but if your boss lets you work remotely most of the time and you do not need to physically show up at the office, you might want to consider working in a coworking space. Cospace Park is also a very affordable coworking space option with hot desks at $250 a month. Some Jobs That Offer A High Starting Pay & Other Considerations, These 5 Features in the LifeSG App Can Help Jobseekers, Especially Singaporeans Who Got Retrenched. They can be particularly cost-effective for small teams who do not need to meet in person every day and therefore don’t need a permanent space. The Hive sounds like any other coworking space, except that they have special rates for entrepreneurs below age 23, start-ups and early stage companies. Monthly rates: $550 (hot desk) / $688 (dedicated desk), A post shared by Trehaus (@trehausco) on Oct 7, 2019 at 5:00pm PDT, Trehaus location: 109 North Bridge Road, #07-21 to #07-33. Singapore’s Minimum Wage vs Progressive Wage Model: What’s the Debate About? They have revised their pricing plans to make them more competitive. ... URA releases flash estimate of 4th Quarter 2020 private residential property price index 22 December 2020. There are nicely decked-out meeting spaces and lounges, video conferencing and projector facilities, weekly social networking, onsite “member relations officers”, plus free flow of Papa Palheta coffee and free breakfast every Monday. No Singapore Civil Servant Year-End Bonus in 2020 — What Does It Mean for Us? 14 coworking spaces in Singapore (2020) Coworking spaces generally charge per month. The tender for Parc Central Residences site received a total of 7 bids with the winning developers submitting the highest bid of … It recently came very close to bankruptcy, but was eventually bailed out by SoftBank. This space is particularly suited to freelancers and creatives. Small companies can rent the workpod, which is a workshop-type space that can house a team of up to 6, or can function as a studio. Share your experiences in the comments! ... cities are making more and better use of their subterranean spaces beyond the conventional laying of utility pipes and railway lines. Use of this site constitutes acceptance of our, North Bridge Road / Suntec / Anson Road / Prinsep Street / Others. Monthly rates: $398 (hot desk) / from $750 (dedicated desk) / from $800 (private office), A post shared by the Hive Singapore (@thehivesingapore) on Mar 31, 2018 at 12:14am PDT, The Hive location: 59 New Bridge Road, S059405. Monthly rates: $250 (hot desk) / $1,600 to $2,400 (private office for 4 to 6 pax), The Working Capital location: 1 Keong Saik Road, S089109. Neither are some basic things like mail handling and locker access. You can get peace and quiet at the adult-only zone. It is situated only at a few minutes distance from the Orchard road. The Workshop location: 5008 Ang Mo Kio Avenue 5, Techplace II, #04-09/16, S569874. There’s an in-house cafe and a rooftop member’s bar, a magazine library, lots of startup/networking events, and even showers. If you don’t need an office every day, you can also sign up to be a Community Member where you get to hotdesk once a month. Not willing to shell out the full sum yet? Our Bridge Plus and The Great Room are more expensive but will score points for being a lot more business-y. 5 Factors That Can Help You Decide Which Singapore Coworking Space is For You. Apart from the basics like a reception, fast internet, printing/scanning facilities, meeting rooms and a lounge/pantry, they also have nice perks. Think nap pods, private phone booths, bike storage and micro-roasted coffee. For those who keep odd hours, WeWork offers 24/7 access. WeWork in Singapore seems to be thriving nonetheless, and they just opened 2 co-working offices in Prinsep Street and 83 Clemenceau Ave. All rights reserved. They also rent out storage units separately. It’s super swanky, with polished parquet floors, marble tabletops and chocolate leather sofas, a far cry from the more casual tech-focused co-working spaces. Given its very central locations, JustCo is actually really affordable – in fact it’s probably the cheapest coworking space in the CBD. Since opening its door in 2008, it has completed thousands of home and commercial renovations all over the island, including HDB flats, corporate offices, and retail spaces, among others. Commercial Moving – Office Movers in Singapore. Best for business meetings: If your work requires you to meet more traditional clients, steer clear of the more hipster coworking spaces which have a college dorm vibe. Some subscriptions will give you access to all locations, which can be useful if you frequently commute to different areas. For a hot desk, expect to pay around $200 to $500 a month for unlimited access. The Collective Works used to have 2 CBD locations, but they have rebranded to The Work Project and now operate at 5 new locations. But the catch is, this is a “hot office” which means you need to clear out your belongings at the end of the day. Coworking spaces function as workspaces for both startups and freelancers who just need a place where they can plug in their laptops, connect to Wifi and mingle with a community. Coworking spaces generally charge per month. Conducive environment: They offer a conducive environment in which to get stuff done. The details you see on our site may be different from others. Also, if you want to try it out you can get a day pass for $30 or a 10-day hot desk pass for $210. The vibe and crowd will play a big part in your decision—after all, one key reason people are willing to fork out the cash to join co-working spaces is the community and networking opportunities. It might also cost more to be able to use all the locations in the co-working space’s network, as opposed to just one. A dedicated desk or private office at The Work Project starts at $765 per person per month. And in the long term, working from home can also mean fewer opportunities to network. Monthly rates: from $490 (hot desk) / from $530 (dedicated desk) / $1,190 to $3,300 (private office), A post shared by Bridge+ (@thebridgeasb) on Jun 19, 2018 at 4:00am PDT, Our Bridge Plus location: 2 Science Park Dr, #01-03, Singapore 118222. The Hive is another buzzy coworking space slightly away from the usual CBD area – it’s in one of the conserved shophouse units at Clarke Quay. Joint Press Release by CPF and HDB - CPF Interest Rates from 1 April 2021 to 30 June 2021 19 Feb 2021 For the second quarter of 2021, CPF members below 55 years old will continue to earn interest rates of up to 3.5% per annum on their Ordinary Account (OA) monies, and up to 5% per annum on their Special and MediSave accounts (SMA) monies. Superior Movers has been helping many Government Bodies, MNCs and SMEs with their moving and relocation requirements for many years already. Membership includes 24/7 access, which is nice for night owls, as well as a suite of lifestyle/business perks like masterclasses, talks, networking events, health/wellness classes and Grab coupons. But hey, at this price point, you can’t really complain. It still maintains some of Collision 8’s focus on network over its lifestyle amenities. Clarke Quay: $398 (hot desk) / $450 (dedicated desk) / $600 per pax (private office for minimum of 2), Level3 location: 20 Pasir Panjang Road #03-22/24 Mapletree Business City (East Wing). It’s widely regarded as one of the world’s best gaming experiences that has catapulted onto the world stage. If the hotdesking rate is still expensive for you, you can sign up for their $98 per month Just Desk Basic package, where you get to go into the office one day per month. Monthly rates: from $750 (hot office) / from $2,500 (dedicated office). Starting from $129 for 5 visits per month or $299 a month for unlimited access, workbuddy gives you the freedom to choose any co-working space, instead of committing to just one, and workbuddy’s membership runs on a flexible, rolling monthly basis, so you can cancel anytime you need to. For instance, hotdesking subscriptions might come with the option of unlimited access, or only a stipulated number of visits per month. Workbuddy provides a safe, flexible mid-point between home and office working. If your business involves a lot of meetings with investors/partners, and making a professional impression is a big deal, then perhaps this space is worth paying for. Imagine if The Great Gatsby had a coworking space… That’s what The Great Room looks like. Cheapest coworking space: Generally the farther away you are from the CBD, the cheaper. You get to use office essentials such as printers, phones, meeting rooms, wifi and electrical plugs. A post shared by The Working Capitol (@theworkingcapitol) on Oct 25, 2016 at 8:53pm PDT. That’s why coworking spaces have mushroomed all over Singapore. Surprisingly, it’s one of the most affordable coworking spaces too. And it seems that Starbucks can no longer contain all of them and their Macbooks either. Based on real-life accounts, prices can be as low as half the price. The decor is pretty basic and the entire coworking space is quite small so if you’re seeking for more networking opportunities, look elsewhere. Obviously, if you’re a salaried employee whose face your boss wants to see for at least 10 hours a day, you have little need for a coworking space. Monthly rates: $129 (5 visits per month)/ $299 (unlimited visits)/ Team package (available on request). unlimited access or at least 120 hours a month). The maximum GFA for the serviced apartments is 12,000 sq m, and the total GFA for the retail spaces at the first level shall not exceed 2,000 sq m. The estimated breakeven price for the Midtown Modern site is about S$2,200 psf and a selling price more than S$2,400 psf. That means comfortable desks, fast wifi, and all the tea, coffee and snacks you need to work through the night. At the same time, the number of freelancers and remote workers in Singapore has also been rising. Monthly rates: $400 (hot desk) / $650 (dedicated desk) / $3,000 to $4,5000 (team suite for 4 to 6 pax), A post shared by Found8 (@found8sg) on Aug 1, 2019 at 3:02am PDT. There’s a dedicated kid zone complete with childcare facilitators and a “kids atelier”, plus enrichment programmes (pay separately). Have you ever worked at a co-working space? However, if you are fine with not being confined to one area, Workbuddy offers a great option at a more affordable price. A coworking space is a shared workspace by different companies. Our Singapore hotel cabin designs are informed by first-class travel, where space is at a premium; while our public spaces have a certain “wow factor”, such as the outdoor swimming pool at our hotel in Singapore. You get access to housekeeping, business grade internet, gourmet pantry and free meeting rooms. Their day pass is the cheapest in this list at $30 per day. Cheapest in CBD area: You can expect to pay at least $400 a month for a hot desk in a central location. However, the location in AMK might be a dealbreaker, especially if you need to meet clients/investors in the central area. Membership is cheaper than the stated rates below if you commit to a 6- or 12-month period, but you have to pay upfront, much like a gym membership. But there are a few factors you should definitely consider before signing up. If you ever go to Keong Saik Road, you won’t miss The Working Capitol – it’s housed in a gorgeous historical building that feels totally different from a corporate office. Some co-working spaces organise social and networking events, movie nights, workshops and drinks sessions you can fill up your calendar with. If you want a dedicated desk just for yourself, it’s usually about $600 and up a month. Apart from a nice space to work in, Level3 offers pretty useful services like access to Unilever Foundry’s events and mentorship programmes, and pro-bono consulting for legal, financial and business strategy advisory. If you are buying multiple … While they have many locations, some smaller ones only allow hotdesking and do not provide dedicated desks. You get 24/7 access and complimentary credits for booking meeting rooms. Monthly rates: $220 (hot desk) / $300 (dedicated desk) / $650 (workpod), A post shared by CoSpace Park (@cospacepark) on Sep 19, 2017 at 2:56am PDT, Cospace Park location: 43 Science Park Road, S117408. The Working Capitol in Outram Park and JustCo offer slightly cheaper rates, but they’re more of the hipster/social kind of workspaces which may not be suitable for everyone. It costs $300 per month to hot desk. Locations: Just like gyms, some coworking spaces are chains with multiple locations, while others are boutique spaces with only one. Well, as anybody who’s actually tried working from home long-term will know, every day can be an exercise in unproductivity. Located in the heart of Singapore (1 Draycott Park, Singapore 259385), One Draycott offers great convenience because of its ideal location. From $540 for a full-time hot desk, it’s now $395. All financial products and services are presented without warranty. The cheapest ones we found are The Workshop in Ang Mo Kio and Cospace Park in Kent Ridge, where you can get a hot desk for $250 and under. Workbuddy locations: Access over 30 of the top co-working spaces in Singapore with one affordable pass. The most obvious pro is that it’ll likely be cheaper than Singapore. Discover co living in Singapore near the central business district: indulge in a kaleidoscope of experiences & share spaces with individuals from across the world. However, this may not be a bad thing if you want to be near NUS, NUH and the healthcare/medical hub in One-North area. For a hot desk, expect to pay around $200 to $500 a month for unlimited access. (Considering a Fitness First membership usually costs $150 to $180, this sounds like a very good perk!). Start-up founders: Working to get a new project off the ground and want to keep costs low at the start? It’s also one of the nicest ones in terms of lifestyle facilities. Joint partners Hoi Hup Realty and Sunway Group have been awarded Parc Central Residences EC situated in a treasured site at Tampines Avenue 10. Peer pressure: They enable you to work in the same space as others, which can boost concentration and motivation. So, you might be seduced by a particular coworking space’s snazzy interior and promise of craft beer Wednesdays. SGUnited Traineeship Programme: 5 Things to Know Before You Accept an Offer, Covid-19 Crisis: Retrenchment, $10k Hospital Bills & the Passing of A Loved One — Here’s How This Jobseeker Pulled Through, 3 Popular Tech Skills Singaporeans Took Up During Circuit Breaker That Are Still In Demand Now. While we can understand that the price is premium thanks to kid-friendly facilities, do take note that childcare is not inclusive within the price. Their hot desk package gives you some credits to book a “Hot Office”, which gives you more privacy. The price of this company is not the cheapest in the market, but quality service is certainly worth the money. Probably the biggest coworking chain in Singapore, WeWork is actually a global chain. Members get access to global affiliates, regular networking events, skills-building workshops, tie-ups with mentors, and personalised introductions and business matchmaking. It’ll cost $100 per month. Now that your kid is a little older, you might feel the itch to run a startup or nonprofit with your free time. Monthly rates: from $300 (hot desk) / from $450 (dedicated desk) / from $1,500 per month (private studio). Family-friendly: Need to watch over your kid while you work? Or, go for the $390 per month Hotdesk Lite package to enjoy 10 days a month in the co-working space. if you run a healthcare startup). Coworking spaces for creatives: If your work requires a bit of studio space, consider The Workshop, which is a bit more skewed towards creative industries. However, most of the coworking spaces here would not appreciate you treating the space like a daycare. It’s currently the largest co-working space chain in Singapore, with 18 outlets mostly in the CBD. Opening hours: Some coworking spaces are open 24/7, while others have defined opening hours. KWYM Interior Designs is a full-service residential and commercial interior design firm in Singapore that offers renovation services at an affordable price. With one monthly membership, you get flexible access to hot desks in more than 30 of Singapore’s top co-working spaces, including The Working Capitol, The Executive Centre, The Hive, Distrii and many more. Here’s a price comparison table of the 14 coworking spaces we reviewed. Yes, and even fax machines too. 4 Tiny Tips to Make Working as a Freelancer Work For You. These monthly prices are for a reasonable amount of access for full-time work (i.e. Trehaus, however, is a sort of hybrid between coworking space and childcare centre. There’s also a service called Work Buddy that you can try to enjoy different coworking spaces for the price of one. Despite being in the midst of all the suits, it’s a really nice place done up like a hipster cafe (there’s even an in-house barista to make coffee for you). The tradeoff, of course, is its location in the west. Coworking spaces solve the above problems by doing the following. Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences! Some content may be compensated through third-party advertisers. But renting an entire office requires capital that young founders just don’t have. Assuming the average price of a ceiling fan is $300, that means you are saving around $150. © 2009-2020 MoneySmart. Monthly rates: $580 (hot desk) / $880 (dedicated desk) / from $3,200 (private office), A post shared by The Great Room (@thegreatroomoffices) on Sep 26, 2019 at 12:09am PDT. You can usually pay less if you just want to come in for a couple of hours a day or like 2 days a week. As the location is not in the CBD, the rates are quite affordable. You can find data on prices, rentals, vacancies, supply and stock of commercial properties in this section. Starting from $129 for 5 visits per month or $299 per month for unlimited hotdesking access, you get to tap on existing popular coworking spaces at The Work Project, National Design Centre, The Hive and SPACES. It’s certainly not cheap though. Here’s a price comparison table of the 14 coworking spaces we reviewed. If you want a dedicated desk just for yourself, it’s usually about $600 and up a month. However, the results of our comparison tools which are not marked as sponsored are based on objective analysis. But its City Hall location is excellent. ©2021 Urban Redevelopment Authority It’s not just good looks too. Now, they’re called Found8. Perhaps Collision 8 figured out that its name isn’t for the pantang, so they merged with Found, another co-working operator. That’s pretty good considering that most coworking spaces cost more than $300 for unlimited hotdesking. You can join one location per day and for now, you can enjoy a weeklong free trial of the app. Business travellers and digital nomads: If you need to work while you’re on the road, it can make sense to use a co-working space rather than try to get work done at your accommodation. But dedicated desks have become more expensive. If you do your best work at 4am, you’re better off picking a coworking space with round-the-clock access. In fact, you might have trouble actually getting down to work…, Monthly rates: from $255 (hot desk) / from $700 (dedicated desk) / from $760 per pax (private lockable office), One Space location: 1 Ubi View #03-08 (4th Floor) Focus One Singapore 408555. You can try it out with a $60 day pass. To make Singapore a great city to live, work and play. Try it out from $45 per day. Price and rental index of office and retail space in the Central Region; Available and vacant office and retail space; Search . With that price, you get a business address, high speed internet, pantry access and printing facilities. Each of these workspaces follows Government guidelines to ensure a safe working environment for all, and you can simply choose the location nearest to you. Also, you get F&B discounts at Mapletree Business City and gym membership at Fitness First. Originating from Melbourne, Australia, Zero Latency Singapore is the global leader in free-roaming, multi-player virtual reality and the largest virtual reality gaming arena in Singapore. Monthly rates: $395 (hot desk) / from $765 per person (dedicated desk), A post shared by JustCo (@justcoglobal) on Mar 14, 2018 at 11:42pm PDT. If your employer is based in another country, you might even be able to get them to pay or at least subsidise your co-working fees. Just as Singapore had turned two-thirds of Singapore's land surface area into a water catchment area, the Republic will look to do the same for solar, … Network/community: They give you the chance to network with a community of other freelancers, remote workers and start-up founders. Entrepreneurs are turning Singapore into hotbed of startups as more and more new companies form to meet a rising demand for talent and ideas and creating the Next Big Thing. Renting a coworking space is cheaper than renting office space if you’re working solo or with just a few others. Is that Coworking Space Subscription Really Worth It for You as a Freelancer? It can also get depressing due to the social isolation and lack of coworkers to interact with. Disclaimer: At MoneySmart, we aim to provide accurate, objective and up-to-date information. Last Updated : 14 Mar 2021, Marina South, Marina East and Straits View, Anti-Money Laundering and Counter Financing of Terrorism, Pipeline supply of office and retail space, and hotel rooms, Major commercial projects in the pipeline, Commercial projects completed within the quarter, Price and rental index of office and retail space in the Central Region, Available and vacant office and retail space. 8 Interesting Jobs You Probably Never Knew Existed & How to Find Them, Can A Fresh Grad Earn $5,000/month? Monthly rates: You can search for more detailed data on private commercial property transactions and rental contracts of private retail or office properties. Now, isn’t the whole draw of freelancing and remote work the ability to work at home in your pyjamas?, some of you might ask. Best Personal Accident Insurance Policies, See All Personal Accident Insurance Articles, A post shared by The Working Capitol (@theworkingcapitol), 30 of Singapore’s top co-working spaces, A post shared by CoSpace Park (@cospacepark), A post shared by the Hive Singapore (@thehivesingapore), A post shared by The Great Room (@thegreatroomoffices), 168 Robinson Road #20-01 Capital Tower, S068912, 6A Shenton Way, OUE Downtown Gallery, #04-01, S068815, 600 North Bridge Road, Parkview Square, #10-01, S188778, 12 Marina View, Asia Square Tower 2, #11-01, S018961, 1 Kim Seng Promenade, #11-01, Great World City Office, East Tower, S237994, 51 Bras Basah Road, Level 5 and 6, S189554, 12 Marina View Asia Square Tower 2 #23-01, S018961, 8 Cross St Manulife Tower #28-01, S048424, 7 Straits View, Marina One East Tower, #05-01, S018936, 9 Straits View, Marina One West Tower, #05-07, S018937, 6 Raffles Boulevard, Marina Square, #03-308, S039594, 3 Church Street Samsung Hub #12-02 & #25-01, S049483, 5 Shenton Way, UIC Building, #10-01, Singapore 068808, 10 Collyer Quay, #16-01 Ocean Financial Centre, S049315, 1 Gateway Drive Westgate Tower #07-01, S608531, 1 North Bridge Road #08-08 High Street Centre, Suntec Tower 5, 5 Temasek Boulevard Singapore 038985, 15 Beach Road, 2nd floor, Singapore 189677, 83 Clemenceau Avenue, 2nd floor, Singapore 239917, 3 Temasek Ave Level 17 and 18, Centennial Tower, S039190, 391B Orchard Rd, Level 22, Ngee Ann City Tower, S238874, 328 North Bridge Road, #02-20, Raffles Hotel Arcade, S188719. For those who live in the west/south, the location of Level3 is pretty great – right in Mapletree Business City. The Workshop is probably the cheapest coworking space in Singapore – a hot desk with unlimited access goes for just $220 a month, less than half of what many others are charging! When Are Coworking Spaces Worth the Money in Singapore? You can search for more detailed data on private commercial property transactions and rental contracts of private retail or office properties. But if you belong to one of the following groups of people, a coworking space might be for you: Freelancers: If you are a self-employed person who is able to do most of your work remotely, you might benefit from having a coworking space to go to, rather than doing everything from home or in public spaces. Visit our Gallery to discover Singapore's development journey!
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