Office spaces are in a boom right now. And what’s to blame is the various business investors who are keen in continuing their businesses in the country. Outsourcing, BPOs, start ups – these businesses all need spaces where they can build their plans, strategize, and grow.
Another factor to consider is the entrance of millennials in the work force. And since this new generation of man power has a different cultural sensibility and needs, offices are now moving away from the usual tight black and white feature of work spaces. Take the Google offices for instance. The search engine’s headquarters are known for being quirky and fun to elevate the motivation of their people to work harder.
Revolutionizing the workplace is the next step for many property enthusiasts. Below are some of the new trends in office spaces that we will definitely see in the future.
1. Reflects the international market
Many business owners are going to look for buildings that reflect what their business is all about in the international scale. That’s why many are taking a look at available office spaces at Bonifacio Global City and Ayala Avenue. These local business districts are spaces that reflect those that are in New York City or Singapore.
2. Functionality over style
More and more business owners are looking on how a building or an office space will provide their needs. Are there enough elevators? Is the space wide enough? Are there any efficient emergency measures? These are the questions business owners often ask upon when looking for office spaces.
3. Reinforces creativity
An office space must also trigger the creativity of the employees. As mentioned, Google’s offices are forefronts to this new trend. Other successful companies such as Facebook are now taking a hint at what the search engine is doing.
4. Laid back environment
The key in making sure that the millennial generation will work well is to make the work feel like play. That’s why it’s very important to make sure that the whole office vibe is relaxed and chill. More and more offices are replacing sturdy desk and table in favor of fun couches and even swings.
5. Room for collboration
Collaboration is a must when it comes to success. That’s why offices in the Metro no longer hold barriers to each department. The philosophy behind this is that each department of a company coincide with each other and therefore there shouldn’t be any barriers that can hinder the work flow.
6. More freedom
The “cubicle farm” trend is near its brink. Employees are now allowed to occupy more space and move freely in the whole office.
7. A more eco-friendly way
Sustainability is also another trend. Buildings and office spaces are now open on the possibility on getting more eco-friendly. The call for vertical cities as the growth of the economy continue is still on the rise.
8. Expect surge price
Expect for the rental price to have a surge in the future. Yes, the demand for more office spaces are high but since more businesses kept on relocating offices due to their company getting bigger and bigger, some buildings and renters want to be assured that they’ll get the best out of the deal. If you are an office space renter, the only way to cope and to prevent any surge is to adapt to the needs of the tenant.
9. Rise of business districts
New business districts are going to be developed. Expect two major districts to rise in Laguna are expecting to have their own technological hubs that promises businesses, jobs, and residential units.
10. Risk diversification
Of course, buildings and offices are now more susceptible for risk diversification. The recently concluded MMDA Earthquake Drill, where every single property in Metro Manila concluded to a day of earthquake drills, prove that developers are getting more serious in making sure no harm will come to their tenants in case a disaster strikes.
All in all, the local real estate should be thankful for the opportunity that businesses and their need for office space brings. Developments like malls, entertainment facilities, and restaurants should also be thankful. We are all winning in this current success that the economy is enjoying.
