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How To: Office Search Tips

So you are on the lookout for the perfect office that will accommodate your company’s growth. It is important for you – the business owner – in your office search to figure out how your office rental will (or won't) contribute to the success of your business. What do you need to consider?

Cheap Rent vs. A Prestigious Address?
For some business, such as retail and F&B outlets, location makes the difference between business success and business failure. But for other business, such as BTB and internet-based enterprises, it would make more sense for their office rental to depend on cheap rents rather than a prestigious address.

How Much Rent Can You Afford?
In most cases, companies opt for office rental rather then buying property and an important aspect of your office search is finding a place that falls within your budget. Based on your projected revenue, estimate how much rent your business would be able to pay each month taking into consideration other expenses.

It is always a good idea to research into average office rental costs in the area you are looking at.

Are The Amenities Appropriate?

Communications Wiring
Modern phone and other data lines are essential to businesses today. When viewing a property, ask about available communications wiring.
   
Electricity & Air Conditioning
Make sure that any office rental space you're looking at has enough power points that your business will need. If you will be running electricity-hungry equipment, find out how much power the circuits can handle and whether a generator is available in case of black out. Also, if you are going to keep sensitive 24-hour technology in your office, ask how many hours of air conditioning are included in the terms of your office rental lease, and negotiate longer hours if necessary.
   
Parking
If you see a lot of your customers arriving by car, your office search might need to include looking for an office that has adequate parking nearby.
   
Public Transport
Consider if your employees are dependent on public transport. It would affect productivity if employees had to travel far to get to work.
   
Zoning Rules
Legally, the location that you choose needs match whatever industry your business is in. For example, you will not be allowed to base an industrial business in a residential district.

View2Offer.com’s Free Property Search

View2Offer.com free property search makes your office search easier for you with Singapore property listings as well as our International Real Estate Listings. The listings are updated everyday by real estate agents and property developers, and include commercial and industrial properties for sale and for rent in all districts.

 

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