The Coworking space has turned out to be a popular option for many people working in Kuala Lumpur. As the city is fast growing, so are the number of office rental spaces. In addition, the real estate market in Malaysia is also very attractive and the prices of properties here are steadily rising. As a result, many people have realized that they can get a better option for their needs and requirements in terms of living space in Kuala Lumpur.
If you look at it closely, then you will realize that the Coworking space is something like an apartment sharing arrangement. It could also be described as an agreement where one business operator leases the space to another company. However, the difference between renting an office space and an apartment is that in an office space, you are entitled to have a fixed salary. However, in a shared space, you do not receive a fixed salary but just share the profit you make with your fellow members.
There are many benefits of working in this type of space. For one thing, you would be able to save a lot of money. This is because you are not required to pay rent on time. In addition to that, you also do not need to worry about anything when you are working here. For example, you are living in a space that has a fully equipped kitchen and a furnished bathroom. You just need to check if these equipments are available before you rent the space.
When you rent a co working space, you can enjoy a certain amount of freedom. In other words, you can choose whether or not to participate in group activities. However, if you find that you get tired of being alone most of the times, then you can opt to be by yourself. If you want to be part of a team, then you can just join the first team to which you belong. However, if you prefer to work independently, then you can do so.
The most significant thing about a co working space is its convenience. It allows you to work at any time of the day. You can even work after hours if you want. You can do so without worrying about losing anyone’s work or files. Since everything is done online, you can work from home anytime you want. That is why you can save a lot of time as well.
A co working space also has several benefits. For one, you can be in charge of your own working hours. As long as you have a reliable internet connection, you can work on your own schedule. If you want to go out with friends or colleagues, then you can always go to the coffee shop nearby. You will be saved from spending so much money for the cab fare or for the gas.
However, just like any other working space, coworking space in Kuala Lumpur comes with several disadvantages too. One of these disadvantages is its location. It is not suitable for many business owners because it is not near places that they usually visit or spend their leisure time.
However, those who are willing to make the sacrifices and the move to a coworking space in Kuala Lumpur have already won half the battle. They get to be in control of their own working hours, and they also get to work in an environment that they feel comfortable in. These benefits and advantages are enough for most people to make the change.