Things You Should Know When Getting a Serviced Office

A chinese businesswoman points something out to her colleagues on a laptop computer

Office Rental Singapore 

Do you have an office for rent? Or you want to rent an office in Singapore? You’ve come to the right place! This article is meant for you.

Usually companies who choose for serviced office are:
1. New start ups
2. Existing companies
which are in service industry (consulting services etc)
3. Big or established companies
who require ad-hoc space for short term projects (and as such short term office rental Singapore)
4. Companies who are transiting (moving from one office to another) and need
short-term transition office
When it comes to renting a serviced office Singapore, typically for slightly over $1000/month (Singapore dollars), you can get a small cozy office housing 1 to 3 person (in some non-CBD areas you’ll be able to house as many as 4 or more).

The services
that you can expect (we can’t guarantee it here as it all depends on the different vendor) are:
1. Shared meeting room space.
Usually this
will come in the form of a specific meeting room hours monthly. Beyond this allocated quota, you will usually need to pay (a preferred rate normally) on a per use or per hour basis. Refer to your serviced office provider on this.
2. Shared receptionist space
This is a pretty common feature
for almost all established serviced office providers. Having a shared receptionist front provides your company with a more professional image. As a small company, your staff or yourself could possibly be away from office most of the time and having a shared receptionist space keeps the office functioning continuously with someone professional to take messages
3. Call Answering Services
Having someone to take your customers’ incoming calls and route them to the different in charges within your company projects a professional image. And if you are out of town for a business trip (or holiday), having a person to take messages too is a great help
4. Concierge Services
Sending mails, checking the mailboxes, arranging for courier
use up precious time. And the administrative function is important to your company’s success. Let’s be honest, you simply can’t be handling all of the small issues personally. By outsourcing the non-core functions out, you get to focus more on your business. Most established serviced office providers provide concierge services, check with them for details.

If you are looking to rent a serviced office in Singapore, check out our comprehensive directory of serviced offices in Singapore now. Investors throughout all fields will say to you that the key to success is knowledge. While it’s very true that managing investment properties would bring in a nice sum of money, this only comes about with the right purchases. This article offers information needed to make the most out of your real estate investments.

Consult with a real estate expert that may help you with your plan and find out whether there are holes in your strategy. This will help you to get a proper picture of where you stand and what you should do to realize your goals. They may tear the plan apart and provide you with a different plan instead. Check out Singapore Land Authority website for more details.

Get a feel of the values of properties near yours. Rent varies from one neighborhood to another. After getting an understanding of what is going on in the local community, you’ll be able to make a wise choice.

Put in the time to understand the business just as much as you do practicing it. This could mean cutting some of your work time to learn, however the long-term dividends will likely be greater. Compromise a couple of pastimes so that you can be the best possible investor. Attempt not to overextend yourself. Do not get overeager. Start small and work your way up. Don’t merely assume that you can spend quite a lot and make that money back. That’s a simple way to back yourself into a corner. Wait until your smaller investments can fund some of your more ambitious ones.

When deciding to buy a property or not, consider how appealing it will or will not be to prospective tenants. No property is worth your hard-earned dollars if you won’t be able to sell or rent it, so think about the purchaser’s perspective. How quickly can you sell? How high will your profits be? These are all things to think about from the buyer’s perspective before you buy.

You’ve made a smart choice by researching real estate investing. You simply need to be sure that you act wisely and steer clear of common pitfalls. Start off slowly, and calculate every move before you make it to ensure that success is your reward.