Hong Kong co-working space to offer instant bookings
Hong Kong start-up, The Work Project, aims to disrupt the office leasing industry by operating like a hotel - entrepreneurs, freelancers or business people looking for space to work can book instantly on The Work Project's online platform. Founder Junny Lee said the move was to increase transparency in the sector, and help reduce rents paid by companies in Hong Kong. Currently, the average rent is between HKD 8,000 ($1031) and HKD 10,000 per month, while the average leasing price is $278.5 sq ft per annum.

Office space landlord The Work Project uses an innovative pricing model where desk rates fluctuate in a system akin to hotel bookings