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Remote working prompts changes in property industry
Many workers are expected to continue to work from outside company offices even once the pandemic subsides, forcing developers to realign their business models to stay ahead of the curve.
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Low cost, high output: Young people work at the Jakarta Creative Hub workspace in Tanah Abang, Central Jakarta. Jakarta Creative Hub offers co-office and coworking spaces at affordable rents. (The Jakarta Post/Seto Wardhana)
W
ith remote working, or working from home (WFH), likely to remain popular even after the pandemic subsides, property companies are expected to realign their business models so as to stay ahead of the curve.
Consulting and auditing firm Ernst & Young (EY) found in a 2021 survey conducted in Southeast Asia that only 15 percent of employees preferred full-time office work, while the share of people preferring to work from home full-time or to work from anywhere had doubled since an earlier survey.
EY also found that six in 10 respondents would quit their job if a company did not provide such an option
A 2020 survey conducted by Indonesia Property Watch (IPW) revealed that 28.5 percent of employers were considering retaining WFH and remote-working methods, arguing that such methods were more effective and efficient.
Expecting that number to rise for years to come, IPW CEO Ali Tranghanda urged property owners and developers, especially in office areas, to adjust to the ongoing trend.
“If they do not change soon, they could collapse,” Ali told The Jakarta Post on Feb. 17.
Read also: WFH forever? Why not, say more and more employers and employees
