The Central Business District (CBD) area in Singapore is home to leading international businesses and financial institutions, spanning from Raffles Place along Shenton Way, Robinson Road and Cecil Street to the Tanjong Pagar and Anson subzones.
The CBD does not just have offices in the area but also plenty of food and entertainment options scattered all over. While CBD office rentals offer a myriad of perks, the hefty price tag is often a deterrent for many companies.
Hence, if you are still on the fence about renting an office space in the CBD, these reasons will convince you to take a leap of faith. Keep reading to find out more!
Learn more: 6 Tips For Saving Money When Renting Office Space In The CBD
1. Superb connectivity
The most obvious benefit of a CBD office rental is its attractive location with a network of transportation options available that provides superb connectivity. From buses to trains and taxis, getting to and fro your office will be a breeze for employees, customers and suppliers alike.
Apart from allowing convenient commutes, offices in the CBD are also near many shopping malls, banks and restaurants which can put your business in an advantageous position when securing talent.
CBD office rentals are also highly sought after because of the prestige associated with working in the heart of the city surrounded by expensive-looking skyscrapers.
Renting an office in the CBD leaves a very favourable impression on your clients when they come to visit, while employees feel proud that they are situated in such an important part of the city.
3. Well-maintained office spaces
Another benefit of looking for an office for rent in the CBD is the assurance that buildings and spaces are usually well-maintained. Professionally maintained office spaces ensure the space is a clean and conducive environment for your employees to work in.
Offices may come equipped with additional amenities such as a gym and cafeteria that your employees can enjoy, helping to strike a healthy work-life balance.
4. Employee retention
Having an office in the CBD area is not just great for attracting talent, but also for retaining employees. With accessibility to malls, banks, restaurants and other entertainment establishments in the area, employees will no longer need to step out of the CBD radius to run errands.
When employees find that they are able to combine business and work-related activities while saving on transportation fares and commuting time, they will feel more motivated to continue giving their best and stay with the company for longer.
5. Constantly in the know
Choosing an office for rent in the CBD will make it easier for you to keep abreast of the latest trends and news happening in your sector, giving your business an edge over competitors.
Sometimes, being physically near your competitors will also let you keep an eye on their moves to be constantly in the know.
CBD office rentals in Singapore
Convinced to look for an office for rent in the CBD? Browse a selection of options on LHN Space Portal!
We have a variety of listings located in the CBD area that will tick all your boxes. Our experienced real estate team is always ready to help and answer any questions too.