One of the largest coworking spaces in Malaysia, WORQ, has officially launched its fifth and largest outlet at Menara 1 Sentrum, KL Sentral, located in the center of Kuala Lumpur. The site is surrounded by unimpeded views of Kuala Lumpur’s cityscape and is equipped with access to train services and food options right next door.
This new office space occupies two levels in Menara 1 Sentrum, with a total area of 34,000 sq ft. The outlet has achieved 80% occupancy prior to its launch. The whole space on the higher level has been occupied by a single tenant with 300 pax under the WORQ Enterprise Solutions – the latest innovative service for enterprises in Malaysia to provide next-generation office solutions.
Stephanie Ping, CEO and Co-founder of WORQ said, “We have continued to see strong demand at all our WORQ outlets, proving that companies are looking for agile solutions that solve their real estate issues. We pride ourselves on being at the forefront of innovation in the coworking industry by understanding what the market needs and being able to develop solutions and services for our customers.
“The launch of our newest outlet in KL Sentral is on the back of continued strong demand from the business community in Malaysia and we are excited to see more large-scale enterprises understand the benefit of flexible workspaces for their teams.”
Paving the way for sustainable business practices
Traditional office leases often lead to the wastage of resources through construction and reinstatement of spaces every time a tenant changes. Coworking aligns with the principles of recycling and reusing resources, by designing office spaces with modular designs, spaces can be repurposed for new tenants with minimal demolition or rebuilding. This sustainable approach minimizes wastage and adds up to nine years to office spaces’ lifespan.
All of WORQ’s outlets are strategically located near public transportation hubs, including train stations, to promote alternative commuting methods and improve mobility, hence reducing carbon emissions.
For each coworking outlet that is built, on average members collectively can save up to 7,000 hours of commute time per year. This improves productivity, employees wellbeing and ultimately is a more sustainable workstyle for the future.
Furthermore, WORQ’s outlet in Menara 1 Sentrum is located in a certified green building with an environmentally friendly design that incorporates the use of sustainable low-emitting materials and energy-saving features to assist tenants in reducing their environmental impact.
One of WORQ’s early supporters and repeat investors, Phillip Capital Management’s CEO, Mr Linus Lim Wen Sheong said, “We are delighted to endorse WORQ’s impressive market foresight and strategic acumen, which positions them ahead of the curve. Their scalable business model, tailored to serve the mass market with a value-for-money solution, has the potential to capture the highest market share not only in Malaysia but also across Asia.
“As a satisfied customer and investor, we applaud WORQ’s commitment to sustainable business practices, and we believe that this emphasis on sustainability will not only benefit the environment but also contribute to the company’s long-term success.”
It is projected that the adoption of coworking spaces will surge to 20% within the next decade, consequently resulting in a decrease of vacant office space to 10%.
WORQ said its emphasis on sustainable practices and environmentally friendly design is a step towards a greener and more responsible future, ensuring the company’s long-term success while making a positive impact on the environment.
