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Tell You Why Choose Office for Rent in Penang

Author: Jennifer Tay
by Jennifer Tay
Posted: Jul 19, 2016

Located on the northwest coast of Peninsular Malaysia by the Strait of Malacca, Penang is a city in Malaysia. This city is bordered by Kedah in the north and east, and Perak in the south, and become the second smallest Malaysian city in an area after Perlis, and the eighth most populous. Penang has two parts such as Penang Island where the seat of government is, and Seberang Perai (formerly Province Wellesley in English) on the Malay Peninsula. It is one of the most developed and economically important states in the country so that more and more businesses are coming to set up their business here. Moreover, the office for rent in Penang has been favored by them because of its advantages.

The office for rent in Penang can features the highest form of office rental. With quality services, choosing an office space is easier than ever before. You can see fully furnished and equipped offices and a wide range of additional business support services and facilities. Recently, Penang has been going through a rise of foreign direct investments due to factors such as cheaper labor costs. Furthermore, this city has the highest total of capital investments in the country, attracting RM 12.2 billion worth of investments. In addition, it become top in manufacturing investment in Malaysia for the second consecutive year, with RM9.1 billion in total.

The demand of the office for rent in Penang is going up because of the rise of the number of start-up businesses. Nowadays, Penang remains a banking hub with branches of Citibank, United Overseas Bank, Bank of China as well as Bank Negara Malaysia (the Malaysian central bank) together with local banks such as Maybank, Public Bank, Ambank and CIMB Bank, which means that it can bring convenience to the business who want to start up their business in this city. The office space in this city can help increase the liquidity of the corporate assets.

The office for rent in Penang can offer the emails, convenient printing, copying, faxing, scanning and so on. If you are going to grow and develop, it is necessary to consider how effective you want to be with the ability of the space to grow with the business. If you find the rate which they are charging for these properties, you are able to compare it with the commercial office leasing space which you wish to hire. Anyway, it can be affordable for your business.

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Author: Jennifer Tay

Jennifer Tay

Member since: Jun 28, 2016
Published articles: 23

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