Premium hospitality-led coworking space, The Great Room, has expanded with its sixth location in Singapore at 269 South Bridge Road. The 22,000-square foot space occupies the 1910 conservation property which was once the medicine hall for Singapore heritage brand Eu Yan Sang.
Since 2020, The Great Room has seen a revenue increase of over 30% across the region. The business has seen a significant shift in its audience segment over the last three years. Before the pandemic, occupancy rates were split between SMEs and MNCs & Enterprises at 75% and 25% respectively. Three years on, SMEs now make up 35% of the members while MNCs & Enterprises make up a majority of the members at 65% post-COVID. Pre-opening occupancy rates of The Great Room, South Bridge stood at 80%, the highest opening occupancy within the portfolio.
“The pandemic has accelerated the shift to flexible work and the use of flexible spaces. The Great Room is committed to enabling this flexibility for our members, focused on creating communities within our spaces, and driving sustainable growth for our business,” said Jaelle Ang, Co-founder and CEO of The Great Room. “Our new venue at South Bridge is another chapter in our commitment to shaping the future of work while creating new vibrant spaces through adaptive reuse of conservation buildings important to Singapore’s architectural heritage.”
With the demand for hybrid workspaces increasing, The Great Room offers unique co-working solutions that meet the needs of an ever-changing workforce. providing dynamic spaces and efficient services as well as community-building programmes and events, and a dynamic perspective on the future of work.
Embracing the change in client needs, The Great Room, South Bridge caters to members who are looking to power their ambitions by a well-designed and high quality workspace and a community of like-minded members.
