A Serviced office in Malaysia is a term used to describe any business that uses the services of an administrative assistant and employs them as full time employees. Serviced offices are ideal for many businesses as they offer professional and cost effective solutions to business operating costs. However, one needs to be careful while choosing the right company to lease or run a Serviced Office in Malaysia. Here are a few pointers for starting a Serviced office in Malaysia.
It should be the first requirement to state that all the Companies involved in starting a Serviced office in Malaysia need to find a suitable location. The most preferable location will be in Kuala Lumpur (or sometimes called as just “KL” by locals in Malaysia), as it is considered the “business capital” of the country. Kuala Lumpur has a special economic and political status in the country and is home to the country’s central bank, the Central Bank of Malaysia (BCM). The government and private sector continue to expand their business presence in and around the region of Kuala Lumpur and its surrounding areas such as Langkawi, Cameron Islands and Melaka. Hence, finding suitable office space in Kuala Lumpur and other nearby cities, as well as serviced offices in other nearby countries, should be one of the primary prerequisites for any business that wants to expand their operations in the region of Southeast Asia.
Renting or leasing a fully furnished and functional office space in any part of the country is very cost effective. However, physical office space is not as easily available. Most small companies in Malaysia that aim to start up a new business cannot afford to invest large sums of money in purchasing fully equipped offices. Therefore, they have to look for other alternatives such as renting or leasing a fully furnished and functional office space. The main advantage of a Serviced office in Malaysia is that it provides all the facilities that a normal company would require.
Companies in Kuala Lumpur and other cities in Malaysia often find it easier to rent or lease a serviced office than to start up a business from scratch with an office and receptionist. The rental costs are much lower when compared to the price of purchasing office furniture. In addition to that, the space that is provided in a serviced office Malaysia may also include a business meeting room or a boardroom.
Companies in Kuala Lumpur often choose to rent or lease serviced office spaces in nearby cities such as Putra Malaysia or Legian. Some of the most popular companies that prefer to rent or lease a space in Putra or Legian include Bish Connect, Pentec Business Solutions, and Core Concepts Limited. The price of the rent or lease is usually cheaper than buying office equipment. Companies that operate businesses on a very tight budget can also save money by renting or leasing their serviced office spaces in Langkawi and Cameron Islands.
Malaysia has become a very popular destination for international businesses. This is because it offers a wide range of coworking spaces and services at different rates. Small businesses, family-run establishments, multinational companies, and home-based companies often prefer to rent or lease coworking spaces in Malaysia’s capital city, Kuala Lumpur. They can be located in high-end business centers like the Gumbo Kundalini Complex in Central Business District (CBD). Or they can be situated in more suburban areas like Langkawi.
There are also some companies that choose to rent or lease their own offices in the city of Kuala Lumpur (or any of its 23 local regions). These companies often have physical office space for rent in the city center of Kuala Lumpur. The cheapest virtual office space for rent in Kuala Lumpur includes a premium area. A premium area is one that has a great view of the city’s airport, many entertainment venues, shopping malls, and other tourist attractions.
A premium area is also one that offers a comfortable space that has been professionally furnished. There is no need to worry about the difficulty of navigating a congested city in a foreign country. And unlike in other parts of Asia, there is no language barrier when it comes to communicating with the employees of a business. Business owners who want to open a physical workplace in Malaysia can rent a serviced office in Kuala Lumpur or Langkawi. However, the easier and quicker way to start-up their online business is to hire a virtual workplace address without having to spend a huge amount on property rent.