Media Centre

JustCo Feature on 8World, Be My Guest, Season 4

04 Jun 2022

As Featured on:
8World

Co-working space provider JustCo – founded by husband and wife Kong Wan Sing and Liu Lu, and Wan Sing’s younger brother Kong Wan Long 10 years ago – is a Singapore based unicorn with a valuation of more than US$1 billion.

In the episode featuring JustCo’s growth through the lenses of the couple, the two are able to have found a way to complement one another, which aided in the development of JustCo.

Together as a team, they have seen through challenges since JustCo’s founding, including competition from a major competitor and the recent Covid-19 pandemic.

To watch the interview with English subtitles, please click here .

Media Centre

Co-working spaces here to stay despite mass return to office, as more MNCs adopt ‘hub and spoke’ model post-pandemic

30 May 2022

As featured on:
TODAY

When co-working spaces first entered Singapore’s office space scene, they were seen as temporary office spaces for individuals and startups to bootstrap and get their businesses rolling without the commitment of a fixed lease office space.

However, that has changed today as co-working spaces see more multi-national corporations (MNCs) downsizing their main office, opting to put some, or all, of their employees in co-working spaces across Singapore.

JustCo foresees that demand for its co-working space will gain further momentum as hybrid work becomes a norm and more businesses with expiring fixed leases look toward flexible co-working spaces.

Michael Sim, vice president and head of JustCo Singapore and Korea, said: “During the pandemic, we noticed that hot-desking became more popular as individuals sought a ‘third space’ outside of their home and regular office.”

To trial our space for free or learn more about special rates, click here.

Media Centre

Profits before IPO, says founder of co-working unicorn JustCo

As featured on:
The Business Times, Garage

ASIAN co-working operator JustCo explored going public in the United States last year through merging with a blank-cheque company. But with markets now plunged into turmoil, perhaps it was just as well that a deal did not happen.

As an operator of flexible working spaces, JustCo was hardly a pandemic winner. Yet the company has managed to tide through the crisis relatively unscathed, JustCo’s founder and CEO, Kong Wan Sing Kong, shared.

JustCo’s co-working portfolio has grown from 1.3 million square feet (sq ft) as at end-2019 to about 2 million sq ft now. This includes four newly-signed centres in Singapore, Thailand and Japan announced last month.

Click here to read more.

Media Centre

Singapore Prime Minister Lee Hsien Loong Visits JustCo Japan

As featured on
The Straits Times

Singapore co-working space provider, JustCo welcomed Prime Minister Lee Hsien Loong at their first centre in Tokyo, Japan, Shibuya Hikarie. With a capacity to welcome over 500 users, the facility has already hit an occupancy rate of 80 per cent.

Within six months of its debut in Tokyo, JustCo already has seven locations that they are currently operating or working on. JustCo’s founder and CEO, Kong Wan Sing, shared that the bustling metropolis has lots of untapped demand, and JustCo is going to ride on that demand to grow further.

After the visit, Prime Minister Lee put out a Facebook post where he wrote, “Good to see our home-grown enterprises making their mark in international markets.”

Media Centre

JustCo on 8World with Co-Founder Lu Liu

As featured on:
8World

JustCo’s Co-Founder Lu Liu was interviewed on 8World and the host of Be My Guest that touches on Lu’s journey of entrepreneurship and her learning process at JustCo, as well as its growth overseas.

To watch the interview, please click here.

Media Centre

Demand for co-working spaces rising as firms explore hybrid work

As featured on:
The Straits Times
The Straits Times

Occupancy at co-working spaces here is increasing as people pack up their laptops and flock back to physical offices amid the easing of restrictions.

Major co-working operator, JustCo, notes that the average occupancy amongst their centres is almost 75 per cent, with demand for private office suites rising.

According to Michael Sim, vice-president and head of JustCo Singapore and South Korea, large organisations are looking for centres in suburban areas to cut commute times, as well as provide workers with office options to work closer to home.

To trial our space for free or learn more about special rates,  click here.

Media Centre

Singapore President Halimah Yacob Visits JustCo Korea

As featured on:
CNA
The Straits Times

JustCo Korea welcomed Her Excellency, President Halimah Yacob, as well as other representatives of Singaporean firms based at the Seoul Finance Centre.

Please click here for more.

Media Centre

JustCo on 8World, News: Demand for Co-Working Spaces Increase

As featured on:
8world

Following the workforce’s return to office, the demand for local co-working space has increased rather than decreased. Co-working space providers, such as JustCo believe that in the post-pandemic era, more companies will choose a flexible office model, and facilities close to home will become more popular due to the popularization of hybrid work.

To watch the interview, please click here

Media Centre

How will the return to office play out for the office market?

30 Apr 2022

As featured on:

The Business Times
The Business Times

As Singapore’s Central Business District awakes after hibernating for the most part of the pandemic years, a changed workplace landscape is emerging.

Workers are returning to offices, but it is evident that the hybrid work model – combining working from the office and remote work (typically from home) – is not expected to disappear.

Flexible workspace providers, including JustCo, are on the expansion path. Although the pandemic has caused footprint growth and the utilisation of centres to be slowed, with the return to office, demand has come up, and utilisation rates are as high as 70 to 80 percent.

To trial our space for free or learn more about special rates, click here.

Media Centre

JustCo to open new co-working centre at International Plaza; expands Apac footprint

As featured on: EdgeProp

EdgeProp

Flexible workspace provider, JustCo will open their 18th centre at International Plaza. Targeted to open in early 2023, the centre will take up an entire floor, adding a total of 50,000 sq ft to JustCo’s portfolio.

Riding the hybrid work wave in Tokyo, JustCo also plans to open two new centres in Japan, located at Shinjuku Marina Tower and Gran Tokyo South Tower. These two centres are slated to open by November of this year, as well as early 2023. Additionally, JustCo has launched another global product, the JustCo Zone. A new unmanned pay-per-minute solution, the premises can be unlocked via the Switch mobile app.

Additionally, JustCo will also be opening another centre in Bangkok, Thailand, which will open in September. Located at Bangkok’s Silom Edge, JustCo will be occupying four full floors of the mixed-development building, which has the capacity of 900 members.

To trial our space for free or learn more about special rates, click here.