The Changes Of Co-working Spaces
Dr. Kevin Tomassini, a chiropractor, opened his own practice earlier this year. He chose Core Collective, a co-working space that provided more than the usual access to a desk, internet service, and power sockets. Core Collective is a co-working center aimed at health and wellness professionals. Not that it only provides desk, internet service, or power sockets, it also provides professional healthcare equipment, back-end support, front desk staff, and other amenities.
“I had been looking to open my own practice over the past two years but the cost of entry is high. You have to buy the equipment, pay for the build-up, the rent, staff and the facilities. With Core Collective, I saved around S$50,000,” said Dr. Tomassini.
Touting itself a “co-making space”, Mox in Joo Chiat is also angled toward a specific crowd. This time, it is aimed for creatives. Beyond providing a conducive space for work, it has computers with premium design software, boasts 3D-printers, woodworking tools, sewing rooms, and a fully equipped photography studio, as well as several retail spaces for its artisan members.
As a result of the rapid growth, the operators of the flexible workspace market is eking out a niche that could be the key to dealing with growing competition.