Shared workplace opening in heart of KL
WeWork’s five-storey shared space in Kuala Lumpur will be its biggest in South-East Asia.
THE business of co-working space in Malaysia is about to get more competitive as WeWork is set to make its local entry. The New York-based company, which has about 500 offices worldwide, is opening its first Malaysian shared workspace at the Equatorial Plaza in Kuala Lumpur in early 2019.
“KL will have the biggest WeWork collaborative space in South-East Asia. We will be able to provide up to 1,900 desks. It’s located at the core of a central business district with easy access to F&B outlets and transportation,” said Turochas Fuad, managing director for WeWork South-East Asia.
Moving forward, WeWork is looking at expanding to other areas in the Klang Valley such as Damansara and Bangsar, as well as cities like Penang.
Turochas says the company has some unique features that sets it apart from competitors. For instance, members who sign up will also get access to the WeWork app, available on the Google Play Store and Apple App Store.
Members can use the app to set up events or meetings at WeWork and book a customised space.
“The app is constantly evolving. We’re always looking for ways to enhance its AI (artificial intelligence) so it can help our members find what they are looking for easily,” he said.
Members can also make payment for the space they book via the app.
The app also acts like a social network for members who want to be a part of the WeWork community, which will allow them to connect to other users from around the world. They could, for instance, use the app to announce social events or look for business partners.
“The app helps 50% of our members to do business transactions with one another. They don’t even have to meet in real life,” said Turochas.
There are over 300,000 WeWork members worldwide from startups to giants like Samsung.
The WeWork working space will come with amenities such as common areas, phone booths, printers, Internet access and even a bar with beers on tap.
The company says it is also working on a technology that will allow members to customise the height of the table and room brightness.
The setting can be saved on the access card so members will have a personalised work space wherever they choose to work.
“We’re also looking at allowing members to choose the room fan speed through the app,” he said.
WeWork, which will occupy five storeys in Equatorial Plaza, is still finalising its plans so it only announced three plans – a hot desk priced at RM950 per month, a dedicated desk at RM1,150 per month, and a private office at around RM1,200 per pax per month.