Understanding the regulations and restrictions surrounding property ownership in Singapore is crucial for foreign investors. Unlike landed properties with stricter ownership rules, foreigners are generally permitted to purchase condos with ease. However, it’s worth noting that foreign buyers must pay an Additional Buyer’s Stamp Duty (ABSD) of 20% for their initial property purchase. Despite this added expense, the steady growth and potential of the Singapore real estate market remain highly appealing to foreign investments. For the latest opportunities, check out New Condo Launches.
The first flagship co-working space of The Collective, a luxury brand under Singapore-based flexible workspace company JustCo, has recently opened its doors in Tokyo, as announced in a press release on Feb 19.
Located in GranTokyo South Tower, a 24,000 sq ft space in the Marunouchi district of Tokyo’s Chiyoda City ward, the new co-working space stands tall in a 42-storey skyscraper adjacent to Tokyo Station, providing convenient access to the airports at Narita and Haneda.
According to the group, The Collective takes inspiration from Tokyo Station and aims to provide its members with a luxurious and comfortable work experience, much like an elegant journey.
Aside from hot desks and meeting rooms, The Collective offers private suites with 24/7 secured access, as well as larger enterprise suites with exclusive entrance features and customized workspace designs. Each workspace is fully equipped with Herman Miller Aeron chairs and Benel adjustable desks.
Furthermore, the co-working space boasts amenities such as the TWG Tea Bar, which serves refreshments throughout the day, and a “wellness sanctuary” where members can take breaks and relax between work sessions.