This city-state is an economic powerhouse, a melting pot of cultures, and a marvel of urban development where tradition and modernity seamlessly blend. Whether you're considering setting up your business in Singapore or simply exploring options for a new office, this guide will provide you with a comprehensive understanding of what Singapore has to offer to every entrepreneur and company.
Geography
Singapore is located at the southern tip of the Malay Peninsula, encompassing roughly 728 square kilometres. Despite its compact size, Singapore boasts a strategic position on the world map, sitting on major sea and air trade routes. This unique geographic location has made it a global hub for trade, finance, and transportation. Consisting of the main island and over 60 smaller islets, Singapore's urban landscape is meticulously planned and maintained, ensuring greenery and sustainability are at the forefront of its developmental plans.
Getting There
Travelling to and from Singapore is a breeze. Changi Airport, one of the world’s best and most awarded airports, serves as a vital connectivity point with flights to numerous international destinations. The airport itself is a destination, famed for its state-of-the-art facilities, beautiful indoor gardens, and even a rooftop pool. In addition, Singapore’s seaports are amongst the busiest in the world, welcoming ships and vessels 24/7. Extensive road networks, a well-organized public transportation system, and a strong emphasis on connectivity make Singapore highly accessible and navigable.
Local Economy
As a global financial centre and commercial hub, Singapore boasts a robust and open economy. Known for its favourable tax regime, the nation attracts a multitude of multinational companies which contribute significantly to its wealth. Key industry sectors include finance, manufacturing, oil refining, and electronics. Singapore consistently ranks highly for ease of doing business, showcasing its strong trade connections, skilled workforce, and resilient infrastructure. In addition, as a testament to its economic viability, Singapore has a sound track record for Intellectual Property (IP) protection, appealing to businesses in the technology and creative sectors.
Office Space & Districts
In Singapore, office spaces are spread across various business districts, each with its unique characteristics:
Raffles Place & Marina Bay: The heart of Singapore's financial district, these areas are home to high-profile banks, law firms, and financial services companies. Premium office spaces here offer spectacular city and harbor views.
Shenton Way & Tanjong Pagar: These areas blend modern skyscrapers with historic shophouses, attracting a mix of businesses. They are becoming increasingly popular with tech startups and creative industries.
Orchard Road: Known for its luxury shopping, Orchard Road also has high-end office buildings. It's ideal for businesses looking for a prestigious address in a vibrant area.
Suntec City & Millenia: These areas are part of Singapore's Convention and Exhibition hub, suitable for businesses that require proximity to these facilities.
Jurong East: Positioned as Singapore's second central business district, Jurong East is growing with new developments, attracting various enterprises, including technology and industrial firms.
Office spaces in Singapore range from traditional setups to co-working spaces and serviced offices. Rent varies significantly based on location, with premium areas commanding higher prices. Most office leases are for a minimum of two to three years, but flexible options are available, especially in co-working spaces. The city's strong emphasis on sustainability is evident in its office buildings, many of which are certified green buildings.
Office Locations in Singapore
Transport links
- International airports Singapore Changi Airport
- Major roads PIE, CTE, ECP
- Railway stations Changi Airport MRT Station
- Boats and ferries Port of Singapore
