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Singapore co-working spaces have tripled to 3.7m sq ft since 2015

Sep 18, 2019 - The Straits Times (Singapore)

Co-working spaces are rapidly becoming one of the major players in the office arena here.

The sector now accounts for 3.7 million sq ft in net lettable area of commercial space, tripling from 1.2 million sq ft in 2015.

It is now one of the top six occupier sectors, said Colliers International, which tipped that number to grow by 24 per cent this year, driven by demand from multinationals and new start-ups.

The sector has also seen a 36 per cent growth in compound annual grow...