Colony, a new co-working space, officially launched a new concept of serviced office space called Colony Space, which sets to change the way people and offices work. Having raised over RM8 million for its expansion plans, the company plans to construct at least two more locations within the next 5 years.
According to a study titled ‘Asia Pacific Millennials: Shaping the future of real estate’ conducted in October 2016 by CBRE Group, 78% of millennials see workplace quality as important when choosing a new employer; and 69% of them are willing to give up other benefits for a better workplace environment. By 2020, millennials born between 1980 and 2000 will make up half of the global workforce. Microsoft, a giant of the tech world, understood the implications of the data, and have started phasing 30% of its employees into co-working spaces.
Co-founder Timothy Tiah, who years ago founded Nuffnang and led it from start-up to IPO, said, “In the past 20 years, our quality of life has improved. We eat better food, live in better homes, drive cars that are getting safer and have better healthcare. However, the way we work has remained the same. We want to change that.”
Fellow Co-founder and popular blogger Audrey Ooi of Fourfeetnine.com said, “We have a strong belief that work doesn’t need to be all drudgery, that motivated employees perform best when they are happy. Work takes up at least 40 hours of our lives each week and it needs to feel great for us to do great. This is where Colony comes in.”
The concept behind KL’s newest co-working entrant Colony is reflected in its design as it offers various perks to its tenants, which includes a nap area for some quick shuteye, a massage room where a certified masseuse can be hired on an ad-hoc basis, an exclusive lounge with high ceilings and full height windows, and access to a rooftop gym and swimming pool where tenants can work out with a full view of the KL city skyline.
Espressolab, a home grown and bred coffee chain, will be brewing up coffee alongside Bold Grains, a cafe concept brought by The Healthy Food People, an online food delivery service operator. The estimated 300 members over the 18,000 square feet space will gain access to delectable, nutritious food and fragrant coffee without needing to leave the office.
With Colony, companies that place a strong emphasis on their employees’ wellbeing and want them to work in a great environment can do just that. A place where they can achieve a balance of work and play, Colony believes that it will help reduce staff turnover and help companies attract and retain talent.
Colony has a variety of co-working spaces and various serviced offices available. Open co-working areas are split into a hot-desking area and a reserved desk area; while private serviced offices come in different sizes to accommodate teams of all sizes. Virtual offices and time-based passes are also available to allow everyone flexibility in their work environment.
Monthly rental begins from RM528 for each hot desking seat, and a private serviced office starts from RM1,988. To allow you the luxury of flexible usage of the space, time based passes are available and are priced from RM338 for 100 hours. Rental is inclusive of utilities, high-speed internet access and office cleaning services. Colony is move-in ready, and is selling fast.
Colony is located on Jalan Kia Peng in the heart of Kuala Lumpur’s Central Business District. With Pavilion and KLCC just within 5 minutes’ walk, connectivity is a breeze as a large variety of food and public transport options are available in the vicinity.