As the young city-state transformed itself from a trading port to one of the richest countries in the world, we see a common characteristic that constantly attracts businesses - its capital and infrastructural efficiency. With that said, it is difficult not to mention one of the most expensive items in the country, its real estate. Together with the city's Smart Nation endeavour, the real estate industry in Singapore has seen significant growth in the form of product diversification - flexible working or coworking.
Coworking is a growing sub-sector of the real estate industry. Big players like WeWork, JustCo and even distant cousin Regus have their bases ready in Singapore to take on the growing demand for flexible working spaces! It is therefore a natural step for anyone setting up a business in Singapore to consider coworking spaces or flexible spaces as part of their corporate real estate strategy.
Due to the high population density of the city-state, Singapore has expensive restrictions on private cars. However, buses, trains, and taxis remain as popular modes of transport due to the relatively cheap fares. The country also has some of Asia's busiest sea and air trade routes, with Changi Airport as an aviation centre in the region.
One of the original Four Asian Tigers, Singapore has a highly developed market economy. The city-state continues to attract plenty of foreign investment due to its location, skilled workforce, low tax rates, advanced infrastructure, and zero-tolerance against corruption.
FlySpaces gives you access to a variety of coworking spaces and serviced offices across the city, giving you the flexibility to choose where and how you want to work without the need to sign long-term fixed contracts. For the ultimate flexibility, FlySpaces developed Passport - an all-access pass to a hand-picked selection of coworking spaces around your city. Learn more about Passport
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