IWG Expands Footprint In Malaysia With Four New Co-Working Spaces

IWG, has announced four new upcoming locations in Malaysia across its Regus and HQ brands with the HQ at AmBank Tower in Kuala Lumpur, Regus at Prima-9 in Cyberjaya, HQ at Menara Pelangi and Regus at Medini Lakeside in Johor.

This will subsequently expand the groups footprint in Malaysia to a total of 42 centres across four brands – Regus, Spaces, HQ and Signature. The new centres will add to IWG’s global network of 4,000 locations spanning 120 countries, and support its future growth.

To be launched between April to September this year, the four new centres will expand the range of workspace solutions and services that will offer greater flexibility for employees in Malaysia, who the group said have shown a clear preference for hybrid work. The global co-working space provider said businesses adopting the hybrid model will also stand to benefit through cost savings by reducing overheads and increasing productivity, which attracts and retains top talent. The latter is of particular importance as Malaysia now faces “brain drain” concerns among a significant portion of its skilled and semi-skilled
population working in neighbouring Singapore, as highlighted by the Department of Statistics Malaysia.

“Flexibility is now a top priority for employees everywhere – a shift that is also keenly felt among workers in Malaysia,” said Vijayakumar Tangarasan, country head of Malaysia at IWG. “In response, we are thrilled to add four new centres in key cities like Johor and Kuala Lumpur as part of our broader growth strategy, with the aim of increasing opportunities for all workers to conveniently access a professional workspace – whether in city centres or in 2 nd and 3rd tier cities, which are closer to where some may live.”

In Kuala Lumpur, the new 12,971 square-foot HQ centre at AmBank Tower will mark the brand’s second location in the city, following the brand’s debut at Puchong Financial Corporate Centre. Cyberjaya will house the upcoming 16,533 square-foot Regus centre at Prima-9 is positioned to meet the strong preference for flexibility, especially from the multimedia and technology sectors. Meanwhile Johor’s will add the new 14,973 square-foot HQ at Menara Pelangi in Johor’s Taman Pelangi residential neighbourhood, which will officially open its doors in April along with the upcoming Regus at Medini Lakeside –

In 2023, IWG significantly expanded its global footprint by adding 867 new locations, while also enhancing its presence in Asia Pacific with 163 new centres. In Malaysia, the Group launched five new centres in the last two years – a testament to the accelerated demand of hybrid working in the country and beyond.

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