Virtual Office

Singapore Virtual Office & Office Space

Why would i need a virtual office in Singapore?

An island located in the center of the Asia Pacific, Singapore is one of the most business-friendly countries in the region. This is why many international businesses have turned Singapore to be their business hub for the Asia Pacific region through the setup of virtual offices and office spaces carrying prominent addresses within Singapore. In fact, a recent report by the Singapore government has revealed that there are more than 7000 multinational corporations present throughout this industrialized island nation.

With the aim of facilitating an optimum business environment, infrastructure facilities across Singapore are seamless with excellent records of operational standards. These include the Mass Rapid Transit (MRT) which has stretched out into all major areas within Singapore, an efficient bus system as well as well-maintained road systems which make driving a breeze. Additionally, Singapore has also one of the busiest international airports in the vicinity, with multiple international airlines making Singapore their stopover or transit airport for the region. On top of all these, Singapore’s excellent intellectual capital provides good quality employees to manage the operations of foreign companies with offices within Singapore.

Singapore is also a wired country with hi-speed internet network and telecommunications connections, making it one of the countries with high internet penetration rates in the region. That aside, business center facilities, meeting rooms, convention centers are also aplenty in Singapore. For instance, the Singapore Expo contains six exhibition halls with sizes of 10000 sqm each, as well as multiple conference halls and meeting room facilities. With this, Singapore Expo has been designed with standards suited for international exhibitions which have attracted well over 10 million visitors.

With all these benefits, corporations seeking to operate out of Singapore have plenty of business center options on their platter. The central business district of Singapore is the area located next to the Singapore River. Spanning between two MRT stations – Tanjong Pagar and City Hall, this area is home to a multitude of financial institutions, towering high and mighty amidst other skyscraping office towers. This area is also known as Raffles place, with which buildings located along Battery Road are prominently occupied by various financial institutions. Another road that intersects with Battery Road is Shenton Way in which prominent commercial buildings such as the Singapore Stock Exchange, Shenton House, Shing Kwan House, the ICB building and DBS building. Other roads within this financial district include Collyer Quay, in which buildings like the Singapore Rubber House and the Hitachi Tower are located. Raffles Quay is another road located within the Raffles Place area, with which stands One Raffles Quay North Tower and the John Hancock Tower.

At the beginning of Battery Road is the Maybank Tower, which is a silvery prominent building amongst the mass of skyscrapers in the area. Located at 6 Battery Road with a height of 195 meters, this tower serves as the head office of Maybank within Singapore. Next to the Maybank Tower is the 36 floor Bank of China Building, designed and painted in white with a height of 168 meters. Next to it is the Standard Chartered Building, a black glass building of 44 floors with a height of 174 meters. Other buildings within the vicinity of this area include the HSBC building, the Straits Trading Building, the UOB Plaza One and Republic Plaza.

The Republic Plaza is by far the highest building allowed within Singapore and stands at 280 meters tall, with an angle of 45 degrees from the axis to provide the building the view of the sea. Utilizing 15 double-decker lifts to transport workers between floors, this building consists of offices leased by a variety of organizations including foreign embassies and stock brokers such as ING securities. Being within the financial district of Singapore, HSBC Republic Bank, Arab Banking Corporation and the China construction bank are some of the banks located within this building. With this, having a virtual office within the Central Business District would land most prestige to organizations within the finance industry, in the vicinity of so many international names in the banking sector.

Another prominent building within Singapore located within Temasek Boulevard, a 5 minute walk from the City Hall MRT station is Suntec City. This prominent center which is located a few kilometers away from Raffles Place, consists of a cluster of 5 towers, 4 of them 45 storey towers with one tower at 18-storey high. Together these offices offer 5 million square feet of office space and is supported by excellent facilities such as express lifts as well as high-speed broadband internet access with speeds of up to 155Mbps shared access. Apart from that, there is also a data center service for the utilization of tenants interested to host their servers within. With the Suntec Convention Center located next to these buildings, tenants of Suntec City are already provided with all the convenience that they could possibly want from an office building. Suntec City is pretty much the main commercial building located along Temasek Boulevard.

In conclusion, there is not a doubt that Singapore has all the right ingredients to form the perfect setting for a business hub for any organization. This is probably why Singapore has been very successful in drawing international businesses to operate out of this country. Although operational costs and manpower costs in Singapore may be relatively higher as compared to other countries within this region, the convenience, quality and the efficiency is well worth the premium, especially for a virtual office or an office space setup.