Complete Guide To Finding The Perfect Co-Working Space For Your Business In Singapore

Whether you’re a small business owner, a freelancer, or someone who’s constantly working on the go, the concept of co-working spaces shouldn’t be a stranger. 

Beyond staples such as stable WiFi connection, power plugs, and of course, a conducive working environment, perks of co-working spaces include access to amenities such as meeting rooms and lounge areas. Depending on the space, you can even enjoy free-flow beverages and snacks while you work. 

Given the above perks, it’s unsurprising to see a rising demand for co-working spaces over the years. But with the variety of both co-working spaces and the different amenities they offer, how does one decide? Here, we take a look at the different types of co-working spaces, their amenities and costs involved. 

Types Of Co-Working Spaces

Co-working spaces offer different types of work spaces, such as hot desks, fixed desks and private offices. 

The hot desk is probably the most common work space amongst individuals, with the work station comprising basic furnishings such as a chair, desk and power plugs. However, access to additional amenities such as meeting rooms may be limited. 

While they’re similar to hot desks, fixed desks offer a touch more privacy. The workstation will be reserved for your use only (no more having to rush for a seat), and it usually comes with a locker storage option to store your work belongings in. 

As its name suggests, the private office option offers you an individual work space with full privacy. Beyond being fully furnished, these offices will also unlock perks such as access to meeting

Beyond catering to individuals, co-working spaces also offer larger working areas for small to mid-sized teams. For instance, depending on the size of your small businesses, you can rent multiple hot or fixed desks or even private offices.

Also read: Work-From-Hotel Or Co-Working Space: Which Is A Better Choice For Remote Work

Common Amenities At Co-Working Space 

In creating comfortable and conducive working environments, most co-working spaces are known to offer a wide variety of amenities. 

Having a team discussion? Book a meeting room. Holding a product launch? Make use of the conference room. Need a small break from work? Enjoy a complimentary flow of snacks from the pantry.

But how do you evaluate the amenities and decide if they’re worth the additional spending? Perhaps this can help you decide:

 Individual (freelancer, employee)Group (startup, team)
Variety of Work Areas(hot/dedicated desks, private offices)Necessity (Able to upgrade when necessary)Perk
Stable WiFiNecessityNecessity
Furnished Workstations(table, chair, power plugs)NecessityNecessity
Office Equipment(printers, scanners)Perk(depending on use)Necessity
Meeting RoomsPerkNecessity
Pantry(free-flow refreshments, fully functional kitchen)PerkPerk
Lounge/Recreational AreaNecessityNecessity
Event SpacePerkNecessity(depending on use)

Other considerations would include the location of the co-working space, as well as the number of sites it has and the surrounding amenities (think cafes, gyms etc).

Cost

It may seem confusing at first, but the pricing for most co-working spaces is pretty straightforward. First, it can be broken down into two different rates – one for day passes and the other for monthly memberships. Subsequently, the price under each rate will differ for the various work areas (hot desks, fixed desks, private offices).

Here’s an overview of the average cost for co-working spaces:

 Hot DesksFixed DesksPrivate Offices
Day Rate$30-$70
Monthly Rate$220-$750$360-$750$600-$1,000 (and above)

Naturally, prices vary with the amenities that the co-working spaces are equipped with and its location – hence, it’s recommended to consider that before deciding on one. We’ve also shortlisted a few co-working spaces for comparison purposes.

Also read: Should Businesses Start Looking For New Office Space Now? – Business Roundup (8 Nov 2020)

#1 Workbuddy

For approximately $26 per visit, Workbuddy offers one of the most affordable hot desk memberships around. The co-working space also has over 30 locations to choose from (limited to one location per day), all equipped with basic amenities and a conducive working environment. 

Photo: Workbuddy

There are two types of Workbuddy monthly hot desk memberships: the Lite plan costs $129 and entitles users to five visits, while the Unlimited plan allows up to 12 visits at $299. The process is also fuss-free – one simply has to book a desk via its app and you’re good to go. The membership can also be terminated at any point in time.

#2 The Workshop

The Workshop offers monthly memberships for a variety of work spaces, including flexi desks, fixed desks, and work pods for teams of up to 18. There are two venues to choose from: Ang Mo Kio and Lavender – both are equipped with basic amenities such as high-speed Internet, pantry/refreshments, copiers/scanners and housekeeping services.

Photo: The Workshop

Prices are affordable, with flexi desk monthly rates starting from $220, fixed desks from $330 and team working spaces from $650. The Workshop also provides 24/7 access to users – perfect for those who work late nights.

#3 MOX

MOX is a co-making space that seeks to celebrate creativity and collaborations. On top of the colourful and creativity inducing work spaces, one can also find facilities such as WiFi, pantry, napping rooms and workshop tables.

Photo: MOX

Work from MOX at $180 for 10 visits, or opt for the unlimited hot desking at $300 per month. For something a little more permanent, a dedicated desk is available at $400. Small teams can consider the private offices that can accommodate up to 12 individuals. Perks include usages of the meeting room and photography studio.

In addition to desk spaces, MOX also offers shared studios from $650 per month and private studios from $1,800 per month.

#4 The Hive

From a cosy coffee bar for a caffeine boost to photography studios for your creative needs, The Hive’s comprehensive facilities make it a popular co-working space. 

Photo: The Hive

Not only that, it also has a variety of work areas to suit the individual’s needs. For starters, The Hive offers four different work areas – the hot desk, fixed desk, booth desk and private desk. An unlimited monthly membership for a hot desk is $350, $500 for a fixed desk, $650 for a booth desk and $1,500 for a private desk.

The Hive also caters to small groups, where a team of up to three members can qualify for the dedicated ($1,500) and booth ($1,950) desk memberships. The private desk on the other hand, can cater to up to 5 individuals.

#5 Coqoons

Located in Harbourfront, Coqoons promises scenic views of Mount Faber and Sentosa whilst you work. As with its counterparts, the co-working space is equipped with all the necessity facilities such as unlimited WiFi, meeting rooms, pantry, printing services and storage. Additional perks include shower facilities to refresh yourself and a pool table for quick breaks.

Photo: Coqoons

The co-working space offers three types of work spaces, hot desks, dedicated desks and private offices. A day pass for a hot desk will cost $40, while unlimited access is priced at $380 per month. For 24/7 access to the office, opt for the dedicated desk at $620 or the private office from $700. 

#6 Cocre8

Featuring natural light and splashes of greenery, Cocre8 prides itself on its cosy and conducive work environment. The co-working space is also a stone’s throw away from Orchard MRT Station and operates 24/7.

Photo: Cocre8

Choose from three different monthly memberships: unlimited hot desking at $480, fixed desks at $650 and private workspaces at $750. All work spaces come with high-speed Internet, dedicated powerpoints, printing services and meeting room usage hours. Private office users are entitled to additional perks, including dedicated a data point and usage of the conference room.

#7 Found8

Unlike many co-working spaces, Found8 does not offer fixed desks. It offers three monthly plans: Hot Desk Flexi (from $90) that grants users a two-day pass, Hot Desk Lite ($395) for a 10-day pass and Hot Desk Unlimited ($495) for course, unlimited access.

Photo: Found8

The Hot Desk Flexi plan also comes with a Pay As You Go rate, where users pay a lower fee for every five working days access. For instance, the day pass rate is $45 for the first five working days, $35 for the next five, followed by $30 and $25. Access to meeting rooms, printing services, 24/7 access and storage can be purchased separately. Of course, you can also opt for one of its private offices from $900 a month.

Found8’s spaces are found in the central area, including Amoy, High Street, Orchard, Tanjong Pagar and Prinsep, perfect for those looking for wallet and user friendly locations.

#8 The Work Project

In addition to multiple co-working spaces located across the island (Bugis, Capital Tower, OUE Downtown, Asia Square, Great World City, Capita Green), The Work Project provides a range of work spaces at affordable prices. 

A day pass to a hot desk starts from $45, while an unlimited monthly pass from $395. Hot desk members have access to business-grade internet, pantry and networking events, while monthly users will enjoy additional perks such as access to meeting rooms and housekeeping services. 

A private office is also available at a monthly pass that’s available from $765. Amenities include all the above, as well as address and mail handling services.

#9 Wework

A renown name, Wework has established itself as an accessible co-working space with multiple locations that cater to your needs. All its 13 work spaces are equipped with office essentials, along with unique spaces such as rooftop lounges and common areas. 

Photo: Wework

Membership plans vary according to location, with monthly hot desk rates starting from $490, dedicated desks from 630 and private offices from $1160. The private office comes with personalisation options, where you can choose the office layout. Full floor offices are also available for small businesses with larger teams.

#10 The Cocoon Space

Located at the rooftop of Design Orchard, The Cocoon Space provides a conducive work environment with the creative boost you need. 

Photo: Portfolio

The co-working space is segregated into different work areas, including personal pods for the individuals ($70/day, $650/month), as well as private offices and areas for small teams. Its private offices (Instar) can accommodate up to 6 members, with benefits including WiFi, access to pantry and printing services. Depending on your needs, the price ranges from $2600 to $4000 monthly. 

A creative hub, The Cocoon Space’s The Makers Studio also caters to crafters, and offers professional equipment such as sewing facilities and machinery for individuals and workshops.

#11 JustCo

With 18 co-working spaces spread across the island, JustCo is perfect for those with unpredictable schedules. Each is equipped with high-speed Internet, printing facilities, pantry, in-house entertainment, IT management, and an in-house café (at selected centers).

Photo: JustCo

JustCo offers a variety of plans, starting from the Just Desk Basic, a monthly day pass starting from $98. A monthly hot desk membership is priced from $398, while a fixed desk from $750. A studio is also available for individuals who prefer a private working space, with access to meeting rooms, as well as networking sessions.

#12 The Company

Located in City Hall, The Company provides flexible work environments such as the flexi area – a quiet zone, the lounge – a more casual space, and the private office – a dedicated work space.

Photo: The Company

From $398 a month, enjoy a hot desk, as well as amenities including high-speed Internet, meeting rooms, printing services and 24/7 access to the office. The Company also houses a pantry area with complimentary refreshments.

#13 Distrii

Headquartered in China, Distrii is a co-working space (or should we say, building) located in the heart of the CBD. Comprising 7 levels, Distrii caters to the individual freelancer to small business.

Photo: Distrii

Prices for hot desk membership starts at $550, while fixed desks from $750, with 24/7 access, printing services and storage available for fixed desk members. Private offices from $1500 are also available for lean teams of up to 10 members. With lesser spatial restrictions, Distrii can cater to teams of above 15 members. Benefits include a private space, 24/7 access, video conference tools and more. 

The building also houses facilities including meeting rooms, event spaces, cafes and restaurants.

#14 The Great Room

The Great Room has 5 co-working venues, most are primarily located in central Singapore. The spacious and luxuriously furnished rooms are attractive, with additional amenities such as nursing rooms, breakfast clubs and entertainment suites that explain its higher rates.

A hot desk monthly membership at this award-winning co-working space starts from $750 and a private office from $1,500. If you wish to first dip your toes into the water, a day pass is available from $70.

#15 Trehaus

A co-working space and preschool combined into one, Trehaus is perfect for working parents.

Comprising different working zones and common areas that allow individuals to work alongside their children, the co-working space offers two types of work spaces, flexi desks and fixed desks.

Photo: Trehaus

Unlimited hot desking plan is priced at $580 per month, and the unlimited fixed desk at $880. The fixed desk also comes with a semi-private desk and built-in secure storage. All plans come with high-speed Internet, printing/scanning services and meeting room access.

Photo: Trehaus

What makes Trehaus really stand out is the Trehaus School, a preschool and childcare service that is open to children between 2 months and 6 years old. The co-working space is also conveniently located at Funan Mall.

Finding The Perfect Co-Working Space To Suit Your Needs

Finding the perfect co-working space really boils down to three factors: type of work space, amenities, and cost. Most importantly, evaluate your needs and remember, cost isn’t always necessarily everything. 

Also read: Hot Desk; Hotels; Free Facilities; Cafes; Lounges: 5 “Alternative” Offices You Can Work From

Need Financing Support During This Period?

From now till 31 March 2021, SMEs can enjoy extra financing support of up to $5 million through the Temporary Bridging Loan Programme.

Join The DollarsAndSense Business Community

For more content that helps entrepreneurs, freelancers, and self-employed individuals and learn to build better businesses, join the DollarsAndSense Business Community on Facebook.

4 Shares:
You May Also Like