Finding A Cheap Office Space in Singapore - Your Go-to Guide
The market is changing, and the commercial property demand is at an all-time high. While we have more options to choose from with the increasing competition, you need to know other details. For starters, the office space you search for will obviously impact the facilities you have in the office space. Similarly, it will also impact the cost you will pay for the property.
The higher the price, the better the quality of services you get. However, that might not be the best business decision. Moreover, since there are so many types of offices in Singapore, it might become confusing for new business owners to make the decision.
However, if you’re seeking a cheap office space in Singapore, know that you can still find it with the right approach. Whether you are looking for shared office space for rent or other office spaces, knowing the factors that impact pricing can be helpful for you.
Once you know what impacts the pricing, you can differentiate your priorities better and choose the office. It will also help develop better understanding for the rental office industry while searching for an office space in Singapore. It’s a smart way to ensure avoiding any mistakes during the process.
Factors that Impact Office Space Pricing
Following are some of the main factors that you should consider while looking for a cheap office space in Singapore:
1 Location
The office location is the biggest key player in setting the price range for your business space. You need to work on finding the right balance between an optimal location and the right pricing. It can be a win-win situation if you’re smart about it and make the right decision, you won’t be having issues with it even later on.
Just remember one simple rule, the closer you are to a prime location, the costlier your serviced office space for rent will be. Most commercial offices are in a central location in Singapore because it contributes to a better brand image.
If you’re going to choose an office space in a Central Business District (CBD), it will cost you more. However, if money isn’t a big deal in your current scenario, or if you have other priorities, feel free to pick out an office space there.
2.Size
The next most important factor that might impact your journey to find a cheap office space in Singapore is the size of the office. As a general rule of thumb, each employee needs around 10 meters of space.
For instance, if you have 10 employees, 100 meters should usually suffice for you. However, remember that it’s just an estimation and isn’t a standard for everyone.
You need to consider the office layout and ensure you know what you’re investing in. You can always optimize the space by rearranging the furniture in a better way. However, you will need to discuss it with the office space service providers before making a decision.
You can also get a larger space and then sublet it if it’s a private property. This way, you will have a larger office space while having a secondary income stream to pay it off smartly.
3. Amenities
The services and amenities ultimately make up your experience with an office space. If you rent out an office space that doesn’t meet your requirements, you won’t stay in it. Even if you manage to find a cheap office space in Singapore, you still need decent facilities with it.
Remember, you wouldn’t want to keep switching your office space every few months. So, the best way to do it is to choose an office that’s a balance of good pricing and amenities.
The higher the number of amenities, the higher the cost of office space in Singapore. However, the best way to make the right decision is to assess what matters to you and your team.
You can get special amenities such as a rooftop terrace or a fitness center in some of the office spaces. However, you will be paying a higher price for them. On the other hand, standard amenities like a good internet connection and a good infrastructure are a must.
If you’re on a budget, make sure you pick the most important amenities first and then make your way to the more luxuries later on.
Cheap Office Spaces in Singapore - Our Top Picks!
While we have discussed most factors that impact the cost of office space, Singapore, there’s one thing that goes unnoticed- property demand. Properties highly sought after are costlier.
If you want the best offices for your next job that are great but still aren’t too costly, we have a few recommendations. Here’s a quick look at the best properties for cheap office space in Singapore that you should check out
Regus (Singapore)
1 Raffles Place, Singapore
| Available Offices | 20 Offices |
|---|---|
| Capacity | 1 - 20 Desks |
| Price Range (Month) | SGD 127 to SGD 15,565 |
|---|---|
| AVG Desk Price (Month) | SGD 774 |
Tired of your old office? Want a space that helps your business grow? Our Raffles Place office is perfect for you.
It's not just an office; it's a place to work smarter. You'll get great services like fast internet, meeting rooms, and someone to answer your calls. Plus, you'll have a nice address that looks good on your business cards. Best of all, it's easy on your budget. So why wait? Book a tour to the office today and check out if it works for you or not.
Property Highlights
- Enjoy dedicated spaces for brainstorming sessions and client meetings.
- Let us handle the day-to-day tasks like printing, answering calls, and managing your mail.
- Benefit from a prestigious Raffles Place office for a better business reputation and get more opportunities to connect with professionals.
JustCo (Singapore)
63 Chulia Street, Singapore
| Available Offices | 27 Offices |
|---|---|
| Capacity | 1 - 50 Desks |
| Price Range (Month) | SGD 118 to SGD 45,999 |
|---|---|
| AVG Desk Price (Month) | SGD 749 |
Are you tired of the ordinary office grind? Discover a new level of productivity and collaboration at our 63 Chulia Street coworking space.
It’s designed with your success in mind; this central location offers more than just a workspace. It’s a hub for innovation and connection. Enjoy seamless connectivity with reliable internet options while our dedicated tech support ensures a smooth workflow.
In this workspace, you can work effortlessly with colleagues and clients in our modern meeting rooms and shared workspaces. Stay organized and efficient with on-site printing facilities.
Property Highlights
- Administrative support included in the package to ensure problem-free operations
- On-site reception to welcome incoming guests to ensure they don't go unattended
- Printing facilities for on-time office documents and legalities
- Outdoor spacing and relaxation areas available to calm down after a stressful day
Regus (Singapore)
1 Fullerton Road, Singapore
| Available Offices | 20 Offices |
|---|---|
| Capacity | 1 - 20 Desks |
| Price Range (Month) | SGD 113 to SGD 17,534 |
|---|---|
| AVG Desk Price (Month) | SGD 874 |
Want a great place to work? This office is perfect for you and your partner. It's in a fancy part of town and has everything you need. You can work any time, day or night. Plus, there's someone to help you with things like calls and mail.
You can even have meetings with clients here. It's a clean and safe place to work, with parking nearby. And the best part? You don't have to pay extra building fees.
Property Highlights
- Host professional meetings in dedicated areas, and impress clients with the prestigious Raffles Place address.
- Dedicated cleaning services ensure a clean and inspiring workspace every day.
- This location offers dedicated parking spaces for added convenience.
- Forget about hidden costs. There are no building outgoings, offering peace of mind and a simplified budget.
Bottom Line
Finding a cheap office space in Singapore requires having a more balanced approach and making deductive decisions. Ensure you talk to the property experts behind these affordable office spaces.
It’ll help you find cheap office space in Singapore more easily and conveniently. If you’re seeking advice, please feel free to visit Office Hub for the latest information and details on these properties and more.
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