SINGAPORE – September 2, 2026 – JustCo Holdings Limited, a prominent Singapore-originating flexible workspace operator with a substantial network across the Asia Pacific, today announced the grand opening of its newest facility, JustCo Raffles City Tower. This marks the company’s 24th centre within Singapore and signifies a strategic expansion into the prestigious City Hall precinct. Occupying approximately 16,000 square feet across Levels 9 and 10 of the landmark Raffles City Tower, the new centre is poised to accommodate over 300 members, further solidifying JustCo’s presence in the nation’s commercial heart.
The timing of this expansion is particularly noteworthy, aligning with a significant upswing in demand for premium flexible workspaces situated in prime urban locations. Businesses are increasingly pivoting away from long-term, fixed lease agreements in favor of hybrid work models that prioritize flexibility and agility. This trend is supported by robust market data. According to a recent report by CBRE, flexible workspace constituted 5.5% of Singapore’s total office stock as of the first half of 2026, indicating substantial room for continued growth within the evolving office landscape. This segment has transitioned from a niche offering to a mainstream business imperative, driven by a desire for operational adaptability and enhanced employee well-being.
Kong Wan Long, Chief Commercial Officer at JustCo, elaborated on the strategic rationale behind the new opening. "Businesses today are far more deliberate in their decisions regarding team locations," he stated. "They seek the inherent flexibility offered by managed workspaces but are unwilling to compromise on the prestige of their address, the quality of connectivity, or the overall employee experience. Raffles City Tower perfectly addresses these evolving needs, granting us a significant presence in the downtown business district. We perceive continued opportunities here to serve both established enterprises and burgeoning teams."
A Landmark Address Fueling Business Growth
The strategic placement of JustCo Raffles City Tower within the integrated Raffles City development underscores its commitment to anchoring premium centres in locations that offer unparalleled connectivity and prestige. Raffles City, an iconic mixed-use landmark in Singapore’s Civic District, seamlessly blends Grade-A office spaces with premier retail, hospitality, and convention facilities. The Raffles City Tower itself has undergone significant enhancements, including upgraded key touchpoints, improved wayfinding systems, and the introduction of state-of-the-art end-of-trip facilities, all contributing to a superior user experience.
This expansion aligns with JustCo’s overarching strategy of establishing a strong foothold in globally recognized, high-connectivity locations. The office tower boasts commanding city views, abundant natural light, a fully sheltered drop-off point, and dedicated concierge services, collectively creating a professional and convenient environment for members, their clients, and visitors.
The centre’s direct adjacency to the City Hall MRT Interchange, a crucial nexus for the North-South and East-West Lines, and its seamless sheltered connectivity to the Esplanade MRT station on the Circle Line, are significant advantages. Connectivity has emerged as a paramount factor in JustCo’s site selection process, particularly as businesses prioritize commute convenience when making decisions about return-to-office strategies. This prime location ensures that members can access their workspace with ease, minimizing travel time and maximizing productivity.
Design Tailored for Contemporary Workflows
Beyond its prestigious address, the design philosophy of JustCo Raffles City Tower draws inspiration from the site’s rich educational heritage, having formerly housed Raffles Institution. The interior concept subtly reinterprets elements of traditional learning environments for the modern workplace. It emphasizes spaces conducive to exchange, shared ideation, and continuous development, translating these qualities through the thoughtful use of natural materials, layered textures, and refined detailing. These design elements are meticulously crafted to foster both focused individual work and dynamic collaborative sessions.
This approach reflects a discernible shift in the needs of JustCo’s clientele. As companies increasingly invest in employee development, training programs, and cross-team collaboration initiatives, they are actively seeking environments that facilitate knowledge-sharing and foster innovation, rather than simply providing desks. The new centre is equipped with a diverse range of private offices, dedicated workspaces, and versatile meeting and collaboration areas, offering businesses the flexibility to scale their operational footprint in response to evolving requirements.
A Strategic Enhancement to JustCo’s Expanding Singapore Network
The addition of JustCo Raffles City Tower significantly strengthens the company’s portfolio within Singapore. This opening follows closely on the heels of the recent launch of THE COLLECTIVE Labrador Tower in January of this year. Further expansion is planned with upcoming centres at The Octagon by the boring office and JustCo Place on Orchard Road. Notably, JustCo Place will see the Group extending its offerings beyond flexible workspaces to include coliving, representing an integrated service ecosystem designed to cater to the holistic needs of its coworking members. The coliving project at JustCo Place is being managed under a contractual agreement, while the coworking centre itself is already operating at full capacity, demonstrating strong market demand.
Businesses interested in exploring flexible workspace solutions at JustCo Raffles City Tower can find detailed information and booking options on the JustCo website.
Regional Momentum and Continued Growth
JustCo’s strategic expansion is not confined to Singapore; the company is actively deepening its presence across key growth markets throughout the Asia Pacific region. Since the beginning of 2026, JustCo has successfully launched new locations in Bengaluru, Gurugram, Kuala Lumpur, Manila, Mumbai, Taipei, and Seoul. The pipeline for the coming months includes further openings in Malaysia, Singapore, and Thailand, underscoring the company’s disciplined approach to expansion and its sustained regional growth momentum. This widespread geographical reach allows JustCo to offer its members a truly integrated regional network, facilitating seamless business operations and collaboration across diverse markets.
Disclaimer
DBS Bank Ltd. and UBS AG, Singapore Branch are the joint issue managers for the initial public offering of shares in, and the listing of, JustCo Holdings Limited on the Mainboard of the SGX-ST. The Joint Issue Managers assume no responsibility for the accuracy or completeness of the content of this announcement.
About JustCo Holdings Limited
JustCo Holdings Limited is at the forefront of shaping the future of work across the Asia Pacific. The company’s vision is to establish itself as the global benchmark for flexible workspaces by cultivating connected ecosystems where individuals, businesses, and communities can flourish. Through its diverse portfolio of brands, including THE COLLECTIVE, JustCo, and the boring office, JustCo provides comprehensive flexible workspace solutions tailored to organizations of all sizes, ranging from nascent startups and small to medium-sized enterprises (SMEs) to multinational corporations, across numerous cities and markets.
Beyond the provision of workspace, JustCo empowers businesses to accelerate their growth through enhanced flexibility, streamlined operational processes, and access to an expansive regional network. For property owners and landlords, JustCo transforms buildings into dynamic commercial hubs that attract tenant demand, optimize asset performance, and generate sustained long-term value.
In collaboration with its members, partners, and landlords, JustCo is dedicated to building a vibrant ecosystem that harmoniously integrates work, business, learning, wellness, and community engagement, thereby enabling both individuals and organizations to achieve their full potential and attain success.
For further information, please visit: justcoglobal.com.
The issuer is solely responsible for the content of this announcement.
