SINGAPORE (Mar 5): When Dr Shravan Verma started his company, an on-demand medical house call service called Speedoc, he chose to do so from a co-working space. “It allowed us to get the outreach we needed in the initial stages,” Verma tells The Edge Singapore. “We had a special partnership with the co-working space, where the members got a special code. They really helped to market and advertise in those early stages when [we were] not really known. That is why co-working spaces work better than if you were isolated away from everyone.”

Co-working spaces are popping up across Singapore’s business district, with players ranging from global operators such as WeWork to local players such as JustCo. Priced from $450 to over $1,000 a month, they boast amenities and perks such as showers and free weekly drinks. But operators of these environments say the real selling point is membership in a community.

“We do not see ourselves as a co-working space but rather a global community. Our collaborative, inspiring and like-minded community attracts small companies looking to grow as well as large enterprises looking to innovate, and WeWork is a solution that bends and flexes to a company’s needs, regardless of size or infrastructure,” says Turochas Fuad, managing director of WeWork Southeast Asia.

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