Investing in real estate is all about location, and this rings particularly true in Singapore. When it comes to condos, their location can greatly impact their value. Those situated in central areas or near important amenities such as schools, shopping malls, and public transportation hubs tend to see a higher appreciation in value. Take for instance prime locations like Orchard Road, Marina Bay, and the CBD, where property values have consistently shown growth. Families also prioritize proximity to good schools and educational institutions, making condos in these areas even more desirable and increasing their investment potential. With this in mind, choosing a Singapore Condo situated in a prime location can be a wise investment decision.
Singapore-based co-working space provider The Great Room has expanded its presence in Australia with the launch of its second location at One O’Connell Street in Sydney. The new workspace, spanning 25,360 square feet over two levels, is a partnership between The Great Room and LendLease. The office building, completed in 1991, is situated in the heart of the Sydney CBD.
Jaelle Ang, CEO of The Great Room, expressed excitement about the collaboration with LendLease, citing the potential for long-term investment and value creation. She added that the new space at One O’Connell Street will offer a unique premium product and deliver sustainable profitability for the company.
The Great Room entered the Australian market earlier this year, with the opening of its first location at level 29 of 85 Castlereagh Street, also located in the Sydney CBD. Founded in Singapore, The Great Room has locations in Singapore, Bangkok, Hong Kong, and now Sydney.
The company is known for its luxurious and collaborative workspace design, as well as its monthly networking events and panel discussions for its members. In October, The Great Room launched its first location outside the CBD in Singapore at Csuites Powered by The Great Room in Paya Lebar Quarter. This space is equipped with private manager cabins, soundproof meeting rooms, and ergonomic workstations designed for comfort and productivity.
Since its acquisition in 2022 by New York-based co-working company Industrious, members of The Great Room also have access to over 160 destinations operated by both brands across Asia Pacific, Europe, North America, and the UK. This partnership provides members with a wider network and more diverse opportunities to collaborate and connect with other professionals.