Leasing office space in a Cyberjaya can be a difficult issue for office owners. It is not only about finding an office that does not have an aggressive rent price, but also about choosing a place that fits your company’s needs and the company’s budget. A typical office lease contract can take up to two years to be negotiated. There are several reasons for this, but the main one is that a company is not willing to pay an excessive amount of money for a service or product that it doesn’t require. One of the biggest issues facing office users is the fluctuation in renew lease prices. There are lots of factors that impact the price and it can be a challenge to remain calm when renewing lease prices change so frequently. We look at the different factors that affect renewal lease prices and discuss ways to book via leasing office or renting an office through your own company.
One of the most important things in the commercial office business is the lease. The cost of a new office is significant, depending on its size and location. Today, office leases are available in Cyberjaya and this is the reason why companies have made it one of their top priorities to be here. However, not all companies can afford such a big investment in office rentals since they cannot buy bigger space. Some companies are not even able to afford the office lease around cyberjaya rental market. There are many reasons that have led to this situation but one of them is that there is no proper legal framework for office rentals among local governments and therefore, there is no legal environment for doing business with them.
The office lease market is currently dominated by large corporations, but there are also other players such as individuals and start-ups. We should not forget that while large corporations are doing well and continue to expand, small firms are still trying to grow. They have their own reasons for needing office space and they have to trust that their needs will be taken into consideration even if they don’t have the same means as larger firms do. Office leases are very important in today’s business environment. They allow companies to manage their facilities and infrastructure better, while enjoying the benefits of lower costs.
Many people would not be aware of the fact that office leasing is a very complex business activity. It involves many different groups that need to work together for the success of a given company. Office leasing has been in a growing trend across Malaysia since the year 2010 when the Malaysian government introduced “Project 13” – a new policy that would allow foreign companies to obtain equity stakes in local offices by providing them with loans and grants. In order to attract foreign companies, the government decided that they would have to bring down prices by up to 90%. The main reason given was that these companies would invest heavily into building up their businesses locally and this would bring down costs which would help them make more profits.