What to look out when renting office in Singapore
Posted: Apr 19, 2018
Renting an office is not a simple affair, when it comes to sourcing for the location of the place that you will be basing your big business of the future in you should spend some time and effort to put into the search of the location.
There are a few things that you should pay attention to when you are looking for an office space and here are some of the pointers that we think you should look into and pay close attention to when you are looking to rent an office in Singapore.
1. There are legal rules that you may not be familiar with
Whether you are a locally based person looking for an Office to rent in singapore or you are resettling in Singapore and needing help on searching for an office, you should always be aware that there are always legal rules that you may not be aware of or you may not know of. This is something very dangerous because you may be on the wrong side of the law and not even knowing it. Always take heed from a licensed individual who is familiar with what is going on and take advice from there.
2. There are leasing terms that you may not be familiar with
If you are coming from a foreign country, you may not be aware of the Singapore office rental leasehold methods or not familiar with what they mean by options to rent. This are best done through a consultant or an agent for office rental specialty. They are the professionals in the field and the best part is that you do not have to pay for their fees, the fees are normally paid for by the landlords. You could just go ahead and ask all the questions and get the rental done up properly through all this consultants and your office space for rent project can be easily done up by them and be ready to move in when all the paper work for the office space are done.
3. There are locations that may seem good but not very accessible or worth the money
You are not the person roaming the area, if you see it on the map being located near certain place, you may have the false impressions that it is good but not for many people. For someone who is new to Singapore if you are coming from overseas, finding a gem in the area is almost not possible, even worse still if you are looking at the location from online office rental portals.
4. There are rental rates that may be higher than you should be paying for
Negotiations are best done through someone who is familiar with the closing rates of those around the area, with the information available to the agents who are familiar to this locations and also from their agency, they can best advise you at which point you should accept the deal and when not to. This is something that could mean a lot to you when the few cents negotiated down may mean thousands of dollars of savings for your business in the long term.
T.K is an avid writer on business topics, he works with SEO Geek Singapore