{"id":6759,"date":"2016-08-18T16:12:32","date_gmt":"2016-08-18T08:12:32","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=6759"},"modified":"2022-07-01T04:03:25","modified_gmt":"2022-06-30T20:03:25","slug":"say-goodbye-traditional-offices-asia","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/say-goodbye-traditional-offices-asia\/","title":{"rendered":"5 reasons to say goodbye to traditional offices in Asia"},"content":{"rendered":"
<\/div>
\"Serviced
Serviced offices may be the new norm in the office market<\/figcaption><\/figure>\n

Looking for an office is a daunting task. After all, it\u2019s not just work: it\u2019s a space you spend a\u00a0third of your day. And unfortunately, in Asia, this might amount to even more! Thus your office\u00a0should ideally be both a productive and accommodating place. While you can go down the\u00a0traditional route and sign a contract for one or two years, there\u2019s an alternative and more flexible\u00a0option: choosing a serviced office. Why rent a shared office space? See if these reasons fit your\u00a0(cheaper) bill:<\/p>\n

1. Flexibility<\/h3>\n

Whatever your timeframe is, serviced offices can accommodate for unforeseen changes. Serviced offices offer differing commitment levels, from one month to one year. Flexibility is\u00a0especially an important factor in Asia, where normal leases are often inflexible and costly,\u00a0requiring 2-3 months deposit at a time. In Hong Kong for example, many businesses must sign\u00a0an office lease for at least two years, unable to account for the changing nature of a business. It\u2019s\u00a0committing to something long term, when you may be unsure of the location, size and\u00a0circumstances.<\/p>\n

2. Built in support services<\/h3>\n

In addition to providing flexibility, serviced offices also offer something that you\u2019d be hard-pressed to find in traditional offices: built in support services. Whether this means having a front\u00a0desk to assist in holding packages, getting help when the air conditioning suddenly comes to a\u00a0halt in the middle of a sweltering summer day, or needing to book a larger room for conferences,\u00a0serviced offices provide a comprehensive and helpful range of services that don\u2019t exist when you\u00a0rent out an individual office. Don\u2019t forget other crucial but annoying services that take time and\u00a0energy to set up, like internet and phone lines! Need a large meeting space and don\u2019t to fight for\u00a0a table at Starbucks? Reserve one at the front desk of your serviced office.<\/p>\n

3. The model is aligned with the changing tech and business environment<\/h3>\n

These days, it\u2019s all about embracing the new model of flexibility, technology and suitability. A\u00a0recent study by global property monitor Jones Lang Lasalle (JLL) predicted that office vacancy\u00a0rates in Manila\u2019s urban centers will increase, from the average vacancy rate in Metro Manila in\u00a02015 at 6 percent continuously rising until 2018. With many companies embracing the new,\u00a0many businesses are changing the way they approach things, starting with the way they view\u00a0work spaces. Don\u2019t get stuck (or left out) with desperate landlords when there are other more\u00a0suitable options out there.<\/p>\n

4. Easy options for potential expansion<\/h3>\n

Say your team doubles from 10 to 20. In a traditional office, if you didn\u2019t factor in a potential\u00a0change in headcount, this would mean either drastically shifting everyone\u2019s work situation where\u00a0half the team is remote, or rearranging and repurchasing furniture. In a serviced office? Simply\u00a0give a shout out to reception to shift around the setup, or move into a vacant office, where you\u00a0double the space and halve the stress.<\/p>\n

5. Prime location in competitive areas<\/h3>\n

In a competitive city like Hong Kong and Singapore, it\u2019s difficult to get a space at a coveted\u00a0address, unless you want to shell out a lot of cash. However, many serviced offices are located in\u00a0prime areas. Meaning you get a location that is not only convenient to meet, but looks impressive\u00a0on a business card.<\/p>\n

If you found this article helpful, 99.co<\/a> recommends 3 important factors when choosing your office space<\/a> and\u00a09 co-working spaces in Singapore that\u2019ll make you WANT to go to work<\/a><\/p>\n

Looking for a property? Find your dream commercial property on Singapore\u2019s largest property portal 99.co<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Looking for an office is a daunting task. After all, it\u2019s not just work: it\u2019s a space you spend a\u00a0third of your day. And unfortunately, in Asia, this might amount to even more! Thus your office\u00a0should ideally be both a productive and accommodating place. While you can go down the\u00a0traditional route and sign a contract…<\/p>\n","protected":false},"author":30,"featured_media":54397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53653,53589,57131],"tags":[54034,54035,54036],"persona":[],"class_list":{"2":"type-post","13":"entry","14":"has-post-thumbnail"},"acf":[],"yoast_head":"\n5 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