Mainboard-listed JustCo has announced a new co-working location in the Central Business District (CBD).
The second location of its “essential-focused” The Boring Office brand will be located on the ninth floor of The Octagon at 105 Cecil Street.
The new co-working space comprises about 130 workstations across a variety of office configurations, with a large proportion configured as one- to four-person offices targeting entrepreneurs, start-ups and small businesses, says JustCo in a June 25 bourse filing.
Members will have access to private offices, meeting rooms, and shared amenities on flexible membership terms, with the option to access the broader JustCo network across Singapore and Asia Pacific (Apac) through its “optional network access plans”, adds JustCo.
The Boring Office features “practical, essentials-focused workspaces for cost-conscious businesses”, according to JustCo. The group opened the first location of The Boring Office at MacDonald House in July 2025.
Speaking to City & Country in February, JustCo executive chairman and CEO Kong Wan Sing says The Boring Office floorplans range from 5,000 to 10,000 sq ft and can be found in Grade-B commercial and retail properties, as well as some industrial sites.
See also: GIC-backed JustCo aims to double market presence with three-brand push
For comparison, JustCo’s current mall locations include Marina Square, at about 60,000 sq ft, and The Centrepoint, at about 70,000 sq ft.
He also sees a longer runway for The Boring Office in suburban Singapore.
JustCo listed on the Mainboard of the Singapore Exchange on May 22. Since the start of 2026, the company has opened new locations across Bengaluru, Gurugram, Kuala Lumpur, Manila, Singapore and Taipei, with additional confirmed openings planned in Singapore, Kuala Lumpur, Mumbai, Seoul, Tokyo and Yokohama.
See also: GIC, Frasers Property-backed co-working operator JustCo files preliminary prospectus for SGX listing
Designed for start-ups, entrepreneurs and small- and medium-sized enterprises (SMEs) seeking a credible business address and a flexible workspace solution without paying for premium amenities they may not require, the concept focuses on delivering the essentials that businesses need at accessible price points, says JustCo.
Kong says: “The opening of the boring office at The Octagon demonstrates our continued execution of the growth strategy we outlined to shareholders during our IPO.”
He adds: “As businesses across Asia Pacific increasingly seek flexibility and cost efficiency, our multi-brand platform allows us to serve a broader range of customers while maintaining a disciplined approach to growth.”
The latest opening also strengthens JustCo’s position as a “leading workspace platform in the region”, says Kong.
JustCo currently operates a three-brand portfolio, comprising The Collective, JustCo and The Boring Office.
As at 11.18am, JustCo shares are 7.6% higher, or 4 cents up, at 56 cents. The shares are 28% below their IPO price.
