Chart of the Day: 84% of flexible workspace stock are in CBD

It hosts about 2.3 million sq ft of flexible workspace.

This chart from Colliers International shows that a significant majority of the Singapore market's total flexible workspace footprint (84%) is within the Central Business District (CBD).

The firm found that the area is home to about 2.3 million sq ft of flexible workspace as of end-June. Meanwhile, the city fringe and the sub-urban area hosts 9% and 7%, respectively of the island-wide flexible workspace which totals 2.7 million sq ft.

"Looking ahead, we expect the flexible workspace footprint to grow in non-core CBD locations, and decentralised submarkets," the firm noted. "For instance, four flexible workspace deals were closed in the Orchard Road micro-market during the first six months of 2018."

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.