Colony Unveils Most Expensive Office Suite in Malaysia at RM10,000 Per Month for One Person, Business Insider

Colony’s new luxury office suite comes
with a personal butler service and Google Home automation where everything in
the room is voice controlled. 

 

KUALA LUMPUR, MALAYSIA
Media OutReach – 23rd July 2018 – Colony,
a lavish coworking space and serviced office located in the heart of KL, has
unveiled a prototype for its future luxury office suites. The office suite
called the Jamestown Suite is the first of its kind and comes fully equipped
with a fully stocked mini bar, lounge set, flat screen TV and a personal Butler
service.



Taking a step further in disrupting the typical coworking space and serviced
office suites, the office is also equipped with Google Home that acts as your
personal assistant giving you information from your schedule for the day, to
turning on the lights or opening the curtains in the room.

 

“One thing all coworking spaces and serviced offices
share in common is that we spend a lot on common areas but the offices
themselves where our guests spend the most time are generally basic with just a
simple table and chair. At Colony we care a lot about our guest experience and
that includes the experience they have in their own offices. So we’re
pioneering this new concept which we believe will eventually become the
standard of the industry.” — Timothy Tiah, Founder of Colony.

 

The 215 square feet
Jamestown Suite is built for one person and goes for RM10,000 a month making it
the most expensive office in Malaysia at RM46.5 per square foot, over 3 times
the highest rentals in KL. The company is also looking to pioneer the concept
of “workcation” in renting the room for RM300 a day.

 

Nitaya Pirinyuang,
General Manager of Colony added “There’s
a price war going on right now in the coworking space industry as more and more
spaces that look the same enter the market. Our unique offering and premium
market has allowed us to raise rates in the past year and we’re constantly
looking at ways to increase the value we provide our guests which correspond to
higher rates.”


Colony expects to build more of these super luxury suites in its future
locations. It is expected to open its 3rd location by the end of
this year at Q Sentral in KL Sentral. The Company has disclosed RM20 million in
funds raised to build spaces since it’s inception.

 

About Colony

Backed
by Oak Drive Ventures, Cornerstone Partners and family offices in the region,
Colony is a luxury serviced office and coworking space operator founded in July
2017. Colony’s coworking spaces come with amenities such as massage rooms, nap
rooms, coffee and swimming pool access have attracted the likes of Maybank,
Dell, and Google among a multitude of clients. 
https://colony.work/

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