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Are you starting a company in Singapore? Will you travel frequently to Singapore on business? If the answer is yes, then you must consider renting a Singapore serviced apartment if you want to reside in a place that resembles home and it is more affordable, comfortable, and convenient when compared with hotels.

Why entrepreneurs and executives require a serviced Singapore apartment?

1. It requires 1 day each to incorporate a business, create a company seal, and register sign up for Work Injury Compensation Insurance. That's 3 days in most.

budget serviced apartments

2. If you need any permission from the government, then your process can take up to 14 days. You are able to make an application for permission and go about property hunting within the time it takes for that permissions to come through.

3. If you have chosen a house at that time, it might have taken you 17 days to date. If your property hunt and rental formalities aren't yet complete, you will need more time. Keep in mind that leasing an office takes time and if you rent a regular office, then you will have to lease it for at least 24 months. So, consider getting a serviced office in Singapore in the event you intend to maintain the nation for less than 2 years, or don't want to risk getting into long-term commitments. The whole office-leasing and registration formalities could stretch up to 30 days.

4. Once the registration is over and also the office is within place, you're ready to start the fit-out work. Alongside, stationery has to be printed and the government needs to be notified from the business address along with other developments. You must register with the provident fund authorities. Each one of these processes take some time, and also the total set-up time, including completion of financial formalities can well stretch as much as 2 months.

If you stay in a hotel all of this while, you will have to spend through your nose, and eat greasy, oily food. A hotel stay will impact your finances as well as your health. Moreover, if you're combined with your family, it can result in more inconveniences. Decide to stay in a Singapore serviced apartment - you are able to cook your home food, get home-like comforts, get enough space for the entire family, do your own laundry in the apartment's common area while using equipment provided by the apartment management, and save a lot of money on rent and food.

Singapore contains short stay 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 wish to reside in the center of the city (i.e., the Central Business District), choose Orchard or River Valley; if you are cash-rich, go with Bukit Timah, that is a very posh location situated on a hill; if you're on a budget, choose East Coast; and if you are scouting for industrial business, go with West Coast. Remaining in a Singapore serviced apartment makes complete business sense when compared with staying in a cramped hotel room.