Requirements for high-tech applications in offices

Technological reforms have changed the demand for office use from traditional to more flexible office models. All operations take place in an office, focusing on security, data safety and smart solution integration. This new type of work space focuses on operations, providing future expansion options and events / facilities for events.

The coworking space solves the problems of flexibility in terms of area, utility and temporary or short term rental. These are new and smarter workspaces like turnkey rental locations.

Flexible human resources

The increase in flexible human resources and economic growth are constantly reshaping the demand for the working environment. In the long run, more efficient use of space can help reduce the average work area per worker.

The need to save working space in open space

Recent CBRE survey shows that about 50% of tenants expect to need less than traditional office space in the next five years and look for higher quality spaces to encourage collaboration, innovation and increase employee welfare.

Trends in minimizing costs

When the real working area decreases but still ensures the necessary utilities, creating a dynamic working environment for employees, coworking helps tenants use the budget for office more reasonably. With utilities that are free or paid for in a shared workspace, the coworking space model gives customers flexibility in controlling costs.

Mr. Steve Swerdlow, CBRE CEO in the Asia Pacific region commented, the  coworking space is expanding at breakneck speed and is driven by requests from tenants for flexible working environment. The increasing use of coworking space shows that tenants are turning to flexible strategies to adapt to sudden changes in the business environment. This study also shows that each market has its own unique characteristics in the use of flexible and current workspaces now and in the future. In the whole Pacific region, 30% of tenants are using coworking space solutions. The coworking space is preferred by tenants in the finance and technology sectors. This is also the most popular tenant of this model. Meanwhile, in China, 9% use coworking space due to a sudden increase in the number of employees. Tenants choosing a short-term solution are shifting to a more flexible and more usable space. India alone has 38% of tenants planning to increase the portfolio of coworking space invested by more than 15% in the coming years; 60% preferred a separate office model.

In Ho Chi Minh City, according to the latest report of JLL, new technology companies or technology-related companies are leasing offices, accounting for 16% of the market, the highest ratio in ASEAN. The group of technology tenants and startups especially favor the popular coworking model in Saigon. The size of coworking space market is expanding rapidly in the last few years, bringing the total area of ​​more than 3.7 million square meters to 14 major cities in the Asia Pacific region. Annual average growth in the period 2013 - 2017 is above 50% per year. The increase of international investors in the region in 2016 and the rapid development of domestic investors have contributed to the growth in 2017, an increase of 57% compared to 2016.

CBRE forecasts, with the dynamism and flexibility of the office market today, investors are not passive to tenants but must constantly innovate and improve products. The growth of coworking space will also reorient the demand for offices in the future. This shows that the revolution of new office, coworking has been marking the turning point of the market.

Vu Le

VnExpress

Vietnambiz.vn