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Are you starting a business in Singapore? Are you going to travel frequently to Singapore on business? When the answer is yes, then you definitely must opt to rent a Singapore serviced apartment if you want to live in a place that resembles home and it is more affordable, comfortable, and convenient when compared with a hotel room.
Why entrepreneurs and executives require a serviced Singapore apartment?
1. It takes One day each to include a business, make a company seal, and register join Work Injury Compensation Insurance. That's 3 days in all.
serviced apartments in singapore
2. If you need any permission from the government, then your process may take up to 14 days. You are able to make an application for permission and go about property hunting in the time it takes for the permissions to come through.
3. If you have chosen a house by then, it might have taken you 17 days so far. In case your property hunt and rental formalities aren't yet complete, you will need additional time. Remember that leasing an office needs time to work and if you are renting a conventional office, then you will need to lease it for at least 2 years. So, consider getting a serviced office in Singapore in the event you intend to be in the nation for less than 24 months, or don't wish to risk engaging in long-term commitments. The entire office-leasing and registration formalities could stretch up to 1 month.
4. When the registration has ended and also the office is within place, it's time to start the fit-out work. Alongside, stationery needs to be printed and the government has to be notified from the business address along with other developments. You have to register using the provident fund authorities. Each one of these processes take some time, and the total set-up time, including completion of financial formalities can well stretch up to 8 weeks.
Should you stay in expensive hotels all of this while, you'll have to spend using your nose, and eat greasy, oily food. A hotel stay will impact your money and your health. Moreover, if you are accompanied by your family, it can lead to more inconveniences. Decide to remain in a Singapore serviced apartment - you are able to cook your home food, get home-like comforts, get enough space for the whole family, do your personal laundry within the apartment's common area while using equipment supplied by the apartment management, and save a lot of money on rent and food.
Singapore contains serviced apartments in lots of locations - Orchard, River Valley, Bukit Timah, Bugis, new england, and West Coast. Each location is well attached to the city. If you want to reside in the heart from the city (i.e., the Central Business District), choose Orchard or River Valley; if you're cash-rich, opt for Bukit Timah, that is a very posh location situated on the hill; if you're on a tight budget, choose New england; so if you're scouting for industrial business, opt for West Coast. Remaining in a Singapore serviced apartment makes complete business sense when compared with staying in a cramped accommodation.