- Flexible lease term
- Minimum 3 months contract
- Easy to expand or downsize
- Multiple locations to choose from
Serviced Office are becoming increasingly popular in today's market. Mainly because it is hassle free, low set-up fee & flexibility of lease duration. Service offices are suitable for newly set-up companies which has low paid-up capital and are not able to commit for a long lease term.
So what are serviced offices?
To put it in layman's term, its a fully renovated office with workstations, internet & phone line service. You sign for a license agreement for a minimum of 1 month period. The charges depends on the number of workstations you sign up for, you will get internet connection, proper workstations, phone lines and free access to pantry area with coffee & tea.
Depending on the tenant requirements, there are internal & external suites to choose from. External units usually command a higher premium in rent as there are windows in the unit. Besides having your own suite, service office tenants will share conference rooms or meeting rooms. There will be a fee for booking of such rooms for usage.
Generally, a typical service office will have a reception service which takes care of visitors for you. They also provide mail sorting service and deliver mails directly to your doorstep. When you are out for lunch, they can even help to answer your calls or take down messages.
Advantages Of Serviced Office:
With flexible lease terms, ready-to-use executive suites, immediate office setup, receptionist and maintenance services, Serviced Office leaves you free to run your business without the day-to-day hassles of managing a conventional office space.
Services that are provided by Serviced Office Providers:
- Full furnishings, desks, drawer pedestals, ergonomic chairs & storage cabinets
- Cleaning, electricity and air conditioning
- Daily mail delivery
- High speed broadband connectivity
- Basic IT installation and set up
- Coffee and tea at pantry area
- Phone set-up
- Call answering service
- Virtual office service
- Hot-desking service
- Co-working space
Service offices are most often found in prime CBD areas where most business activity happens. Some of the service office providers also have locations outside of CBD areas like Novena, Jurong, etc.
The cost of taking up a service office really depends on the grade of the building. For a Grade AAA buildings, the cost per person can be from $1100 onwards. The views which you enjoy from your suite also determines the premium that you have to pay. Sea views and city views