5 Reasons Why Having An Office Space Still Matters

5 Reasons Why Having An Office Space Still Matters
It’s been a year of unprecedented challenges and changes. On the business front, working from home and collaborating virtually have become the norm. This raises the realisation of how important the workplace remains to be and everything that it offers.

The office is more than just a place to work. It’s where growth and innovation are fostered, and people have a sense of community with access to resources to be truly productive. There are also countless of other benefits to having a physical space that brings people together – we explore 5 reasons below.

1. Collaboration

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This is a crucial business behaviour that is linked to innovation and growth. Using sticky notes to brainstorm, building on each other’s ideas, and exploring concepts through discussion help to solidify creative solutions. 

When employees are able to work together and have the opportunity to share, they can learn from each other and expand their skill sets as they pool their own strengths. At the same time, having collaboration in place is effective in improving communication and building trust within teams. 

2. Connection

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On that same note, working from home can also lead to isolation and loneliness over time, despite the availability of virtual conferencing platforms. Without the physical interaction and support that teams and group work provide, people can easily feel disconnected and disengaged. This decreases employee satisfaction, which will increase your retention rate and impact your ability to fill the talent pipeline and identify future leaders. With an office space, you get to create meaningful connections that can serve you in the long run.

If you wish to start small to save on business expenses, our property at 34 Boon Leat Terrace offers small offices to rent at Pasir Panjang region with accessibility via West Coast highway and a short walking distance from Pasir Panjang MRT station. This light industrial building has 3-storey warehouse and 3-storey fitted office, offering spaces for small businesses as well as logistics and shipping firms that wish to be in close proximity of their business partners and clients. Located at the fringe of CBD, it is also close to neighbouring business hubs such as Mapletree Business City and Alexandra Techno Park. For those in the e-commerce business, they can also utilise this space for inventory storage, order fulfillment duties and goods procurement for their customers. Unit sizes range from 392 to 4,752 sqft – with windows, air-con, lights and carpet for selected units. Other facilities include 24-hour access, 4 loading bays, and season parking for heavy vehicles & cars.

3. Culture

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Whether it’s having lunch with co-workers or spontaneous desk discussions, the collective behaviours and norms of a company, from both employees and leaders, create an environment that’s ripe for relationship building and teaching – something that cannot be replicated through a screen.

It’s also easier to build a community and nurture important relationships to engage talent and strengthen teams while sharing a space with one another.

4. Agility

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While online platforms and similar technology provide the necessary infrastructure to support the communication between teams, there are downsides to it too. Constant screen use can lead to fatigue and even reduced productivity. There is still no real substitute for face-to-face communication. And as ideas evolve, teams need to adapt quickly and come together in ways due to their fast-paced, ever-changing work – and the two-dimensional world may hinder agile work.

5. Growth

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Covid-19 has hit the economy hard, leaving companies struggling to survive and protect their business from sinking. But the pivot back to growth is impending, and companies need to be ready for growth. This requires innovation for leaders to adapt and change strategies, teams to come together and collaborate with creative ideas, and set the stage for growth. Having a physical workplace promotes these innovative activities and connections more than two-dimensional technology is able to provide.

Prepare for future growth and take your business to greater heights with a suitable office space to accommodate your team and core operations. Our property at Cantonment Central offers commercial spaces, offices as well as small F&B spaces for rent, located near the upcoming Cantonment MRT station. With a strategic location at the fringe of CBD, you can expect great convenience during your daily commute and offer good accessibility for your business partners and clients to visit for meetings. The building is also newly refurbished with automated turnstiles at the lobby and full height glass windows at all floors. There is even a breath-taking panoramic view of the sea and container port at the 3rd level. Sizes of the office spaces range from 400 to 15,274 sqft – furnished with full height glass windows. Ample food amenities are available in the vicinity as well as carpark lots.

Don’t miss our special offer on our featured properties above and more! From offices to warehouses and industrial spaces for rent, enjoy 50% off your rental rate when you sign up before 31 Dec 2020! Terms and conditions apply.

If you wish to find out more about LHN properties info, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at space.enquiry@lhngroup.com.sg.