Ms Elizabeth Wu, 41, who is a mother of three, saw a business opportunity when she realised that there was no co-working space here that allowed parents to be near their children.
She co-founded Trehaus with Ms Elaine Kim in 2016 to plug the market gap.
Trehaus is a co-working space at Funan integrated with its own preschool and childcare service, where parents can work and be near their children at the same time. The company also provides child-minding support.
The company, which has 47 employees, now houses about a dozen companies in its 15,000 sq ft space and has 20 families using its coworking space and childcare services.
"We've seen an increase in people interested in using our services due to the recent push for flexible working and people re-examining their options for work. We also capture the niche crowd of parents who want to work near their children," said Ms Wu.
The demand for flexible workspaces is bouncing back, according to property consultancy CBRE in a report on Nov 25.
Occupancy at Singapore's flex space centres has recovered from an average of 50 per cent to 60 per cent during the pandemic to 80 per cent to 90 per cent on average by the third quarter of 2022, with the reopening of borders and resumption of back-to-office arrangements, the report showed.
Said CBRE: "Leasing volume by flex operators in office space amounted to 0.15 million sq ft in just the first nine months of 2022, overtaking 2021's full-year volume of about 0.12 million sq ft." Some co-working spaces, like Trehaus, put a different spin on the concept to stand out from competition.
This story is from the December 05, 2022 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 05, 2022 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
‘NEVER-ENDING’ SUCCESS FOR TAN
S’porean adds cup to league title, Dortmund keen to retain her services for next season
BOSTON PUT PAST BEHIND TO PROGRESS
Celtics take revenge on Heat with big win to book place in 2nd round of NBA play-offs
TAN THE MAN AT BARRIER TRIALS
Low-profile trainer makes presence felt with Single Warrior, Big Union at morning hit-outs
DBS starts the year strong as Ql profit hits new high of $2.95b
Its fee income gets boost from stronger market sentiment, higher card spending
Fed keeps rates at 23-year high amid stubborn price rises
US central bank cites lack of further progress’ towards its 2% inflation target
South Korea’s inflation slows more than expected in April
But weakening won poses challenge to policymakers’ efforts to cool price growth
Qualcomm gives upbeat sales forecast In sign of smartphone recovery
China remains crucial amid sales surge to its phone-makers in first half of fiscal year
Driver in crash that killed prof was checking GPS on phone
He says he was in a state of panic when he told police officer he had fallen asleep at the wheel
Agencies hold joint counter-terrorism exercise
A joint counter-terrorism exercise by various government agencies was held on April 30 and May 1 to test the Republic's preparedness in the event of a terror attack, the police said on May 2.
Five-year-old is youngest S'porean to reach Everest Base Camp
Pre-schooler makes trek to camp situated at altitude of 5,364m in Nepal with his father