(From left to right, excluding the ribbon holder on the far left and far right) Frank Kang, Country Head & Associate Partner of Antler Andrew Yeow, CFO & Co-founder of WORQ, Ir. Wan Murdani Wan Mohamad, Vice President, Digital Industry Acceleration Division Stephanie Ping, CEO & Co-founder of WORQ, Jacqueline Fong, Representative of UOA
WORQ, Malaysia’s leading coworking and flex space provider, announces an expansion at Menara UOA Bangsar (MUB) on 16 August 2024. This is in addition to the existing 15,000 square feet bringing the total size of the coworking space to 32,500 square feet. With the increasing demand from landlords as well as potential tenants, WORQ remains committed to meeting the growing need for flexible workspace solutions in Klang Valley.
The current expansion adds 17,500 square feet to WORQ’s already established footprint at MUB, a testament to the success of WORQ’s vision and execution. In a joint effort with the Asset Manager of MUB Tower B, UOA Asset Management Sdn Bhd (UOAAM), WORQ has enhanced the high-quality space at MUB into a vibrant hub that has attracted high-value startups, investors, and entrepreneurs such as Artem, Alphabet, Cradle and Antler to show deep interest in the dynamic activities within the hub. The full occupancy rate also showcases the continued demand for quality workspaces and well-placed trust in the brand’s ability to facilitate dynamic and efficient work environments.
“As the Asset Manager of MUB Tower B, we are proud to have played a pivotal role in the transformation of MUB into a vibrant hub for high-value startups and investors. We are committed to supporting WORQ Bangsar’s efforts in creating a community-building environment where venture capitalists and startup activities can thrive and benefit from a comprehensive blend of both soft and hard infrastructure, creating an ideal hub for growth and innovation,” stated UOAAM.
In line with UOAAM’s commitment to sustainability and innovation, recent Asset Enhancement Initiatives (AEI) at MUB have further elevated the building’s stature. Starting last year, UOAAM initiated significant upgrades to the building, ensuring that environmentally friendly materials were carefully selected and fittings that comply with green standards were utilised. These efforts culminated in MUB achieving LEED O&M Gold Certification in 2023, underscoring UOAAM’s dedication to environmental stewardship.
Building an innovation hub and cultivating the future
Over the years, WORQ has remained committed to adapting to the evolving business landscape and continues to innovate by expanding into MD-compliant office buildings in Kuala Lumpur. The expansion at MUB, meets the growing demand for grade-A office buildings, showing substantial rent growth as businesses seize the chance to move to technologically advanced buildings with attractive rates and premium coworking spaces.
“As one of the pioneer members to join WORQ Bangsar, we have witnessed upgrades and constant effort by both WORQ and UOAAM to further enhance the space. Our Day Zero program participants also have thrived using the event space for brainstorming and collaborative sessions. The team has benefited greatly from the modern facilities and vibrant community at WORQ Bangsar, which is important to promote productivity and creativity. With our ongoing partnership to encourage startups to sign up with WORQ, we have seen a significant increase in the number of innovative companies choosing to make WORQ their home base. We congratulate both WORQ and UOAAM on the expansion at MUB and look forward to many more years of being part of this amazing community,” shared Frank Kang, Associate Partner for Malaysia, Antler.
The expansion at MUB not only highlights WORQ’s growth but also underscores the need for a premier innovation hub. MUB has become a thriving community for businesses, which is a testament to its top-notch facilities and exceptional building upkeep.
“Achieving 100% occupancy a month before our official launch at MUB is a strong validation of WORQ’s long-term mission to provide high-quality and flexible workspaces. This expansion is not only about growing our footprint but also about fostering a vibrant community where innovation and collaboration thrive. Since the beginning, we have focused on meeting the evolving needs of the Malaysian business community and we are excited and committed to continuing our journey in creating spaces that empower businesses to succeed,” Stephanie Ping, Co-Founder and CEO of WORQ.
WORQ has continued to establish itself as one of the most reputable market leaders in Malaysia and aspires to build and maintain a strong and lasting relationship with the landlords in the local market with continuous expansions in the same building premises.