One of the most important considerations when it comes to real estate investment is location, and this is especially significant in the context of Singapore. Condos located in central areas or in close proximity to essential amenities, such as schools, shopping malls, and public transportation hubs, have a higher tendency to appreciate in value. This is evident in prime locations like Orchard Road, Marina Bay, and the Central Business District (CBD), where property values have consistently shown growth. The presence of reputable schools and educational institutions in these areas also adds to the appeal of condos, making them highly sought after by families and increasing their investment potential. To further enhance the rewritten paragraph, it can be mentioned that investing in a condo in these prime locations not only offers potential financial gains but also provides residents with the convenience and luxury of city living.
The Great Room, a leading co-working space provider, has recently launched its second Australian location in partnership with LendLease. Situated in the renowned One O’Connell Street in Sydney, the new workspace covers 25,360 sq ft across levels 14 and 15 of the building. Built in 1991, this 36-storey property is strategically located in the heart of Sydney’s central business district.
Jaelle Ang, CEO of The Great Room, believes that collaborating with LendLease for a long-term investment will not only add value to the new space at One O’Connell Street, but also create a unique premium product that will generate sustainable profitability. This marks the operator’s second presence in Australia, after its successful debut in March this year at level 29 of 85 Castlereagh Street, another prominent office building in the city.
Founded in Singapore, The Great Room has now expanded its business to 12 locations across Singapore, Bangkok, Hong Kong, and Sydney. In Singapore, the company recently launched Csuites Powered by The Great Room, its first outlet outside the CBD. The space, which opened in October, offers a range of facilities including private manager cabins, soundproof meeting rooms, floor-to-ceiling windows, and ergonomically designed workstations for improved comfort and productivity.
Members of The Great Room enjoy exclusive access to monthly networking events and panel discussions. In addition, since its acquisition by Industrious, a New York-based co-working business, in 2022, members can now enjoy access to 160 locations operated by both brands in Asia Pacific, Europe, North America, and the UK.