Demand for co-working space remains resilient

Teh: The market is far from saturated in our view, as the total take-up rate of space accounts for less than 2% of the total office stock.

THE office market went through a significant change after Covid-19 struck in 2019, leading to the popularity and growth of flexible offices, or famously known as co-working spaces.

Its growth was further supported by its cost-effectiveness as well as popularity among startups and multinational corporations or MNCs opting to diversify into Malaysia.