Rising Demand Beyond Bangkok’s CBD Drives JustCo’s Expansion into Huai Khwang

JustCo brings its premium flexible workspace experience to Bangkok’s emerging Ratchada–Huai Khwang–Rama 9 business corridor with the launch of JustCo Jubilee Prestige Tower on 30 September 2026

BANGKOK, THAILAND – Media OutReach Newswire – 23 September 2026 – JustCo Holdings Limited ("JustCo" or the "Company", and together with its subsidiaries, the "Group"), a leading Singapore-grown flexible workspace operator with an extensive Asia Pacific network, today announced a new opening in Bangkok. As Bangkok's business landscape continues to evolve, competition among office buildings is increasingly being shaped by more than location alone. Businesses are placing greater emphasis on building quality, workplace standards and the convenience, comfort and overall experience they can offer their employees.

Recognising this shift, JustCo is making its first move beyond Bangkok's traditional CBD with the launch of JustCo Jubilee Prestige Tower in Huai Khwang on 30 September 2026.

Located on the 24th floor of Jubilee Prestige Tower, approximately 200 metres from MRT Huai Khwang, the new 1,199 sqm centre places JustCo at the heart of the rapidly developing Ratchada–Huai Khwang–Rama 9 corridor. The area is emerging as a well-connected business destination for companies seeking a high-quality alternative to established office districts such as Silom, Sathorn and Rama4.

Its move into Huai Khwang reflects the company's continued commitment to expanding its network into high-potential business districts where demand for premium flexible workspace is growing.

Raising the Bar for Flexible Workspace in Huai Khwang

For businesses moving into emerging districts, flexibility should not mean compromising on workplace quality.

According to Knight Frank, non-CBD locations are increasingly driving Bangkok's office market, with the Phetchaburi–Rama 9–Ratchada corridor recording the highest office occupancy among non-CBD submarkets at 83% in Q1 2026. The trend reflects growing demand for high-quality office buildings outside the traditional CBD, particularly where accessibility and employee convenience remain strong.

As more companies establish a presence in the area, businesses are looking for higher-quality offices, stronger professional environments, elevated employee experiences, and greater flexibility. Jubilee Prestige Tower is positioned to meet these changing expectations by bringing workspace, hospitality, and lifestyle together into one integrated destination.

"Bangkok is evolving, and so is where businesses choose to work. We see strong potential in Huai Khwang, Ratchada and Rama 9, where demand for quality office space is growing," said Mr. Kong Wan Long, Chief Commercial Officer, JustCo. "With Jubilee Prestige Tower, we are bringing the JustCo experience to a new business community — combining a strategic location, premium design, professional service and the flexibility to support businesses as they grow. We are raising the standard for flexible workspace in this part of Bangkok."

Developed by Asset World Corporation (AWC), Thailand's leading developer of integrated lifestyle destinations, the building redefines the traditional office experience by extending the Co-living concept from The Empire Tower into a single destination where work, hospitality, and lifestyle meet. It stands as the only office on Ratchadapisek Road offering tenants access to 5-star hotel services and exclusive privileges.

Completing this workplace ecosystem, JustCo provides a full spectrum of flexible office solutions, ranging from standard fitted spaces and semi-fitted units to fully furnished, move-in-ready offices. This allows companies of all sizes, from growing teams to full-floor occupiers, to scale seamlessly within a single destination.

Where Thai Heritage Meets the Modern Workplace

In collaboration with Asset World Corporation (AWC), JustCo's workspace at Jubilee Prestige Tower has been thoughtfully designed to reflect both modern workplace needs and Thailand's rich cultural identity.

The centre's interior draws inspiration from Thai textiles and traditional craftsmanship, reinterpreted through a contemporary workplace aesthetic. The result is a distinctive setting that honors local heritage while delivering the sophisticated, hospitality-inspired experience JustCo is known for across Asia.

The centre offers a full suite of flexible solutions, including private offices, hot desks, meeting rooms, phone booths and collaborative zones. Members enjoy the signature service standards of a fully managed JustCo space, alongside access to an expansive network spanning 14 key cities across Asia.

This new Huai Khwang location is in line with the Group's expansion plan as stated in its recent IPO plans when it listed on the Singapore Exchange Mainboard earlier this year. As at June 2026, the Group has 57 operational centres, with a further 21 in the committed pipeline.

Pre-Leasing Now Open Ahead of 30 September Launch

JustCo Jubilee Prestige Tower opens on 30 September 2026, with pre-leasing and special introductory rates now available.

To book a private tour or enquire, visit JustCo Jubilee Prestige Tower or call 02-039-5990.

Hashtag: #JustCo

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About JustCo Group

JustCo is a platform building the future of work across Asia Pacific. Our vision is to be the global benchmark for flexible workspace by creating connected ecosystems where people, businesses and communities can thrive.

Through our portfolio of brands, including The Collective, JustCo and the boring office, we support organisations of all sizes, from startups and SMEs to multinational corporations, with flexible workspace solutions across multiple cities and markets.

Beyond workspace, JustCo helps businesses scale faster through flexibility, operational simplicity and access to a regional network. For landlords, we transform buildings into vibrant business destinations that attract demand, enhance asset performance and create long-term value.

Together with our members, partners and landlords, we are building an ecosystem that connects work, business, learning, wellness and community, enabling people and organisations to grow and succeed.

For more information, visit: www.justcoglobal.com

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JustCo brings its premium flexible workspace experience to Bangkok's emerging Ratchada–Huai Khwang–Rama 9 business corridor with the launch of JustCo Jubilee Prestige Tower on 30 September 2026

SINGAPORE – Media OutReach Newswire – 23 September 2026 – Aon plc (NYSE: AON), a leading global professional services firm, projects that organisations across Southeast Asia are budgeting for salary increases of 5.2% in 2027, up from 5% in 2026 according to findings from its 2026 Salary Increase and Turnover Study for Southeast Asia.

Overall, Indonesia and Vietnam are expected to record the highest salary increases in the region at 5.5% and 6.7% respectively. At the industry level, projected salary increases vary across markets reflecting differing economic conditions, labour market dynamics and sector-specific demand across the region. The retail and hospitality industry is expected to have the highest increase in Singapore at 4.8%, while the life sciences and medical devices industry leads in Malaysia at 5.2%, Thailand, at 5.3% and Vietnam at 7.7%. The consulting, business and community services industry leads in the Philippines at 6.7%.

"Boardrooms face important decisions on how to allocate investment in technology and talent while navigating an uncertain environment fraught with emerging and interconnected risks," said Rahul Chawla, Partner and Head of Talent Solutions, Southeast Asia, Aon. "Persistent inflation and ongoing skill shortages are directing investments toward the roles and skills that will drive returns on their broader business investments. While competitive pay remains important, organisations must also consider the broader employee value proposition including growth opportunities, purpose and career development to create opportunities for long-term organisational growth."

Country	Salary Increase in 2025 (%)	Salary Increase in 2026 (%)	Projected (Budgeted) Salary Increase in 2027 (%)	Attrition in 2024 (%)	Attrition in 2025 (%)	Attrition in 2026 (%)
Southeast Asia	5.4	5.0	5.2	17.4	17.5	16.6
Indonesia	5.7	5.4	5.5	20.8	15.0	15.5
Malaysia	4.8	4.6	4.8	15.9	18.2	17.4
Philippines	5.3	5.0	5.3	19.1	20.0	17.3
Singapore	4.3	4.1	4.1	16.7	19.3	16.8
Thailand	4.6	4.5	4.6	16.6	17.2	16.4
Vietnam	7.7	6.6	6.7	15.5	15.0	16.2

Despite continued investment in talent, employee turnover remains a challenge across the region.

Attrition rates across all countries in the region were in double digits. Malaysia has the highest turnover rate at 17.4%, followed by the Philippines at 17.3% and Singapore at 16.8%. Attrition rates also vary by industry, with the consulting, business and community services industry having the highest attrition rate at 21.5%, followed by manufacturing at 17.9% and financial services at 17.7%.

Findings from Aon's 2026 Southeast Asia Talent Pulse Survey show that organisations are reallocating talent towards strategic business priorities. For companies with expansion plans, headcount growth is selective, with a focus on front-office roles (50%, including sales and revenue-generating roles) and engineering and technology roles (35%), while reductions will be targeted mainly at back-office operations roles among organisations with headcount contraction plans. The most in-demand roles are data and AI roles, at 64%, followed by front-office roles, at 56%, cybersecurity roles, at 44%, software and cloud roles, at 43%, including positions such as software and cloud engineers and project and programme management roles, at 41%.

"Workforce decisions have never been more complex, making access to reliable and defensible data essential for organisations," said Belinda Armenta, Head of Talent Data Solutions, Asia Pacific, Aon. "With AI accelerating change across industries, organisations are seeking deeper intelligence beyond historical benchmarks. Insights into compensation trends, workforce movements and talent risks enable leaders to make more informed decisions, helping them attract, retain and plan for the talent they need."

Aon conducted its 2026 Salary Increase and Turnover Study for Southeast Asia from July to September 2026, analysing the salary increase budgets and employee turnover rates among more than 1,200 businesses across Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

More information about Aon in Asia can be found here.

Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **