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Business

Singapore developers turn to co-working spaces amid office glut, changing needs

Flexibility the biggest draw for companies, individuals

SINGAPORE (NewsRise) -- Major Singapore landlords such as CapitaLand and City Developments have begun to carve out co-working spaces within their properties as the economy slows and tenant preferences change, lowering the cost of a desirable work location for many.

The trend could not only benefit small companies, start-ups and freelancers looking for an alternative to operating from a home or garage but could also benefit big companies seeking to better manage their rental costs.

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