Singapore has become an important global business hub for a wide range of industries, with an economy dominated by manufacturing, electronics and finance. Ranked as the fourth biggest financial centre in the world, Singapore plays an important role in the wider Asia-Pacific region and is the base for many multi-national companies.

Home to one of the top five busiest ports in the world, this island country at the tip of the Malaysian peninsula has also become a major regional centre for multinational business and trade in Asia. As a rapidly growing nation, it is an important contributor towards development and growth in the continent.

Key areas for business with serviced offices in Singapore include Raffles Place, home to the country’s tallest skyscrapers and a major corporate hub, the Orchard area, popular with marketing and retail companies, and historic Tanjong Pagar, a centre for shipping companies close to Raffles Place.

The nation has a high-income economy, attracting skilled professionals from around the world. Its pro-business policies also mean that it is the ideal place for business owners to travel to and from, with easy entry and exit from the country. Rated as a triple-A rated economy with strong potential for growth, and driven by funding from the area’s deep-pocketed capital markets, Singapore is a safe and exciting location choice for expanding businesses and investors.

It has been named as the world’s most business-friendly environment for local entrepreneurs by the World Bank, and ranked among the world’s most competitive economies. Singapore might just be the perfect place to rent a serviced office and grow your business.

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With significant investment and its role as an international business hub, the Singapore office market is thriving and there is a range of workspace available. From private suites to coworking spaces, there is a flexible solution to suit anyone though the costs can vary greatly, depending on the area and needs of the business.

Raffles Place is by far the most popular choice for renting serviced offices in Singapore, offering networking opportunities and an impressive range of properties. This said, there are a number of surrounding areas that offer a more cost-effective solution for small to medium businesses starting out on a limited budget.

Overall, Singapore offers lower costs for serviced offices compared to most other leading Asian countries. To find out more about setting up a serviced offices in Singapore, visit our Singapore area guide.

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Dominic needed to source a suitable office for his start-up in Marylebone (London, UK) that could accommodate his 4 employees as well as cater for any growth in the future.

Lucy helped him secure an ideal space within two weeks, on a 12-month flexible term, in a location perfect for his business.

Lucy Ruff has been a lifesaver over the last month or so. We needed to find some office space in Marylebone (London, UK) and I was worried it was going to take up so much of our precious early start-up hours – but no! Lucy called me within minutes of pressing ‘go’ on Instant Offices, talked through our needs and had sent over potentials for us to view within the same day. One of the two options we ended up choosing and I can only put that down to her understanding of our needs and her understanding of the market. Painless process successfully navigated with only a few minutes of my time. Absolute star!

Dominic Bristow

Director