[vc_row full_width=”” parallax=”” parallax_image=”” row_fullwidth=”yes” parallax_class=”no” overlay_class=”no” row_id=””][vc_column width=”1/1″][vc_single_image image=”1104″ alignment=”center” border_color=”grey” img_link_large=”” img_link_target=”_self” img_size=”full”][vc_column_text]Serviced offices cheaper than traditional office space rental
Serviced offices provide 40-60% compared to traditional office rental. Traditional Office rental also needs cash upfront as start-up costs which include renovation costs, building works, lighting systems, air-con upgrades, telephone systems, insurance and cabling. In Singapore, renovation cost average $40-50 per sqft. Break lease is not allowed and there is no flexibility in expansion or downsizing.
On the other hand, the benefits of Serviced Office are :
- No start-up costs such as interior design, office fit-out, office furniture, equipment and agency fees
- No additional costs for hiring, training or employing administrative support staff
- Sizeable savings on rental deposit
- Access to extensive facilities without investment in additional space (i.e. conference facilities, lounge area)
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