5 differences between a traditional office and a serviced office

What is a traditional office?

Traditional offices are spaces with unfinished floors lacking equipment tailored for office use. Typically, they provide clients with only a cement floor and a basic electrical system. These offices are commonly owned by corporations and serve as the headquarters for large businesses.

Traditional office rental prices are typically determined by the square meterage, with the rental space often being substantial.

What is a serviced office?

Serviced offices are fully furnished with tables, chairs, filing cabinets, electric lighting systems, and air conditioning, etc. Typically include shared amenities such as a restaurant, meeting room, phone booth, reception area, and printing area.

Serviced office rental prices are determined by the number of individuals and the size of the rental space, accommodating 1-2 people or more.

• Traditional offices

1. Rental fee: Individual office rental fee, not include electricity expenses, and any additional costs.
2. Workspace: Build to align with the company culture, effectively delineating departments,…
3. Services: Furniture and stationery equipment are owned by the company. The cost of purchasing and repairing These equipments will be paid by the company.
4. Network: Difficult to connect with other businesses.
5. Legal term: Depends on the company renting that traditional office.

• Serviced offices:

1. Rental fee: Rental fee includes taxes, electricity, water, printing, or meeting room usage…
2. Workspace: Division between communal space for all tenants and individual space. The office space is adequate based on the number of customers that use it.
3. Services: Furniture and stationery equipment are owned by the lessor and are included in the rental price. The rental price will include printing fees, meeting room usage fees,…
4. Network: Many opportunities to connect and interact with other businesses in the same community of office tenants.
5. Legal term:  Legal transparency so that tenants can register business licenses

Traditional offices and serviced offices each have their own characteristics, tailored to different needs and strategies. Each type of office has its own strengths; while traditional offices are suitable for large corporations with tens to thousands of employees, serviced offices are ideal for start-ups and small businesses with a few to around twenty employees. We hope the information provided in this article by HANA Asia will assist you in considering and selecting the office that best suits your company’s needs.

Don’t hesitate to contact HANA Asia to receive attractive offers!