The key for many Malaysian businesses at the moment is to survive the current situation and be ready for a quick recovery. With the Asian Development Bank having forecasted 6.5 percent GDP growth for the country next year, there is light at the end of the tunnel. However, many obstacles must be overcome in order to reach that point.
For some businesses, cost savings are required to navigate the current challenges. Others have found their office space needs shifting more quickly. And, of course, everyone is coming to terms with just how the ‘new normal’ is evolving the in-office experience.
Space flexibility has become more important now than ever before. Long-term leases and offices with no room for growth or contraction are no longer feasible. In times of uncertainty, bespoke office solutions are required.
This is why more people and businesses in Malaysia are turning to flexible workplace providers such as Regus. Everyone from entrepreneurs to multinational corporations have turned to Regus in search of greater space flexibility.
How does Regus provide space flexibility?
Regus flexible workplaces in Malaysia empower firms and individuals with the things they need to get to work, such as fully equipped facilities and scalability, without the burdens of a traditional office.
For example, the space flexibility provided by Regus has allowed SMEs to stay agile during an unpredictable time. Many growing enterprises were forced to postpone hiring in the months following the COVID-19 outbreak. However, the reopening of the economy has meant they needed to pivot once again and start adding more people.
With Regus, these companies have been paying for the space they need at any given moment. This is quite different than with a traditional office where SMEs were not only paying for the space they were using, but also the space required for future growth even if it was sitting empty during the hiring freeze. And this doesn’t even factor in other expenses like office furniture which would also be needed.
Another interesting example of the importance space flexibility has in Malaysia is when it comes to startups with founders based outside the country. With the borders closed, these companies have found themselves in a state of limbo. There is a pressing need for a physical presence here but paying for an office that they won’t be using isn’t a good use of resources.
Virtual offices from Regus are the ideal solution to this problem. Startups receive a business address in a prime location, a local phone and other benefits even if they are unable to enter Malaysia at the moment. And once they are allowed to enter the country, it is possible to upgrade to a plan that includes dedicated space or move to another Regus location in the country.
No one provides more options in Malaysia than Regus
With 33 flexible workplaces across Malaysia, no operator provides individuals, startups, SMEs and MNCs with more options than Regus. These spaces can be found in Kuala Lumpur, Petaling Jaya, Shah Alam, Johor Bahru and Kota Kinabalu with the most desirable neighborhoods in each area represented.
Regus operates 30 flexible workplaces in the Klang Valley with all of the region’s key business districts covered. Multiple facilities around Bukit Bintang and KL Sentral Station are among the company’s 16 total branches in Kuala Lumpur. Regus also boasts great coverage throughout Selangor with buildings, such as Wisma Sunway Shah Alam, MCT Tower and BBT One, strategically selected to best serve various industries.
Each flexible workplace can be tailored to your unique needs. Regardless of if you are searching for a dedicated office, co-working space, access to business lounges or a hybrid solution, Regus can provide it.
What’s more, Regus locations have the little things that help elevate your business. Access to meeting rooms provides a professional touch while the range of facilities at each location means you don’t have to worry about the finer details.
During a time where uncertainty has created challenges for businesses of all sizes, Regus is empowering companies in Malaysia with a tailored-made solution to office space. Regus’ ability to provide space flexibility ensures you are primed for success today, tomorrow and beyond.