Corporate office space in Subang Jaya is still a very important factor. A company needs to have a place where they can stay at anytime and anywhere if they want their employees to be productive. A good corporate office space that provides all the facilities like meeting rooms, private offices, air-conditioning, etc. Corporate office space is a significant investment for any company. It not only provides an efficient workspace but also provides a source of advantages such as better communication with customers and employees. In Malaysia, the office space rental market is currently dominated by the likes of E-real estate, Berjaya Group, SME Center, and Primark. These companies are well known in the Malaysian office rental sector because they have strong brands and have been providing quality services in this sector for many years.
Corporate office space is not really an easy thing to come by nowadays. This can be due to the ever-increasing demand for corporate space, consequently leading to increased competition among major corporations and their staff. This has led to an increase in the number of offices on the ground floor and the need for efficient and spacious corporate offices. The corporate office space in Malaysia is expensive. The price of an office space can reach as much as RM50,000/sqm. This is quite a high cost with the competition in the country and abroad. In many cities like Kuala Lumpur, Penang, Johor Bahru and others, the office rent has more than doubled between 2012 and 2016.
“The increasing demand for office space in the city of Subang Jaya, coupled with the availability of new developments and property owners willing to provide more space than before, have led to a rise in office rents. This has resulted in an increase in demand for corporate office space, as well as a trend towards greater flexibility for companies to keep their head offices operational at any time.” Corporate office space in Subang Jaya are increasingly facing the issue of space. In order to accommodate the increasing needs of staff, companies are looking for ways to expand their office premises. The need for more space has brought into limelight the question of office space rent in Malaysia and Singapore.
Corporate offices have a huge demand for space. The space is not just the place where you work, but also a place where your team can meet to discuss ideas and plans. In order to boost productivity and enhance teamwork, companies need to find creative ways of accommodating their staff in office buildings. The problem of corporate office space is that the spaces are expensive and there are only suited for small businesses or small teams with less than 40 people. One solution may be the use of alternative living spaces like “office pods” which can be used by large groups without any limitation on size or number of occupants. The growth rate of office space rental in Malaysia has been comparatively stable compared to other countries for some time now but has seen a slight rebound when compared to its counterparts in South East Asia.