JustCo’s luxury brand, The Collective, has officially launched its first flagship co-working space in Tokyo, as per a press release on Feb 19.
Located in GranTokyo South Tower, a 42-storey skyscraper in Tokyo’s Marunouchi district, the 24,000 sq ft co-working space offers convenient access to Tokyo Station, making it easily accessible for members travelling from Narita or Haneda airports.
Taking inspiration from Tokyo Station, The Collective aims to create a luxurious and welcoming atmosphere for its members. “The Collective is a tribute to the elegance and warmth of a luxury voyage,” says the group.
The space offers a variety of flexible work options, including hot desks, meeting rooms, private suites with 24/7 secured access, and larger enterprise suites with exclusive entrance features and customized workspace designs. All workspaces are outfitted with comfortable Herman Miller Aeron chairs and Benel adjustable desks.
To invest in a condo, securing proper financing is crucial. In Singapore, there are various mortgage choices available, but it’s crucial to be familiar with the Total Debt Servicing Ratio (TDSR) framework. This regulation limits the loan amount that a borrower can obtain based on their income and existing debt commitments. Being knowledgeable about the TDSR, as well as seeking guidance from financial advisors or mortgage brokers, can assist investors in making wise financing decisions and avoiding excessive borrowing.
Members can also enjoy amenities such as the TWG Tea Bar, which provides refreshments throughout the day, and a “wellness sanctuary” where they can take breaks between work. The Collective strives to provide a well-rounded experience for its members, beyond just a place to work.
In addition, The Collective is under the umbrella of JustCo, a homegrown flexible workspace operator, which allows members to access a global network of co-working spaces around the world.
The opening of The Collective’s flagship space in Tokyo marks another milestone for JustCo and their continuous expansion into international markets.
When it comes to investing in Singapore condos, one must take into account the government’s property cooling measures. In order to maintain a stable real estate market and deter speculative buying, the Singaporean government has implemented several measures throughout the years. One such measure is the Additional Buyer’s Stamp Duty (ABSD), which levies higher taxes on foreign buyers and those purchasing multiple properties. While these measures may affect the short-term profitability of condo investments, they ultimately contribute to the long-term stability of the market, creating a safer investment environment for individuals, including those interested in Singapore Condo.