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| Serviced Office vs Conventional Office |
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| Conventional Office |
Serviced Office @ Suntech |
| Requires a substantial capital outlay- Furniture, Telecommunications, IT infrastructure, Security Systems, Fit-out, Legal & Professional Fees, etc. |
No capital outlay. Serviced Office @ Suntech is comfortably furnished and fully equipped with the necessary business and recreational facilities. |
| It can easily take many hours over serveral months to find the right office space, agree on terms, obtain legal approvals, implement refurbishing and fitting out. |
Your business can be fully functioning from day one, including telephone, fax , internet connections, Wi-Fi and LAN cabling. |
| Requires strict leases of at least two years. This limits flexibility and ties up capital. |
Short term leases as little as one month are available to give your company the advantage or liquidity. |
| Requires multiple contracts with utilities, cleaning, repair and maintenance. |
One monthly fixed invoice. |
| Additional office space is needed to accommodate for communal areas such as meeting rooms, reception, break out areas and even the corridors. |
Pay only for the desk area you occupy. |
| Considerable time and human resources need to be allocated to efficiently manage the office. |
We are responsible for all the office management thus leaving you, the occupier, to concentrate on your core business. |
| Significantly higer costs in office rental and maintenance in prime locations. |
Serviced Office @ Suntech is surprisingly affordable and is strategically sited in a world class building at the heart of the Penang Cybercity business district. |
| Cost of hiring a receptionist. |
Reception services are included thus saving you the cost of hiring a receptionist. |
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| Cost Comparison - Workspace for 3 persons |
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| 1) Setup Cost |
Conventional Office (Empty) * |
Serviced Office @ Suntech |
| - Space Requirement |
Around 400 sq. ft. |
Around 150 sq. ft. |
| - Realtor / Legal Fees |
RM 1,200 |
Included |
| - A/C Unit & Installation (x2) |
RM 3,000 |
Included |
| - Electrical Works |
RM 1,500 |
Included |
| - CAT5e Cabling |
RM 1,000 |
Included |
| - Telephone Systems |
RM 1,580 |
Included |
| - Security System |
RM 1,800 |
Included |
| - Carpets & Partitions |
RM 3,000 |
Included |
| - Ceiling & Lighting Works |
RM 2,000 |
Included |
| - Tint/blinds for the windows |
RM 1,000 |
Included |
| - Furniture & Equipment |
RM 10,000 |
Included |
| Total (Setup) |
RM 26,080 |
RM 0 |
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| 2) Monthly Cost |
Conventional Office (Empty) * |
Serviced Office @ Suntech |
| - Rent |
RM 1,000 |
RM1,399 - RM2,200 |
| - Electricity |
RM 400 |
Included |
| - Water |
RM 30 |
Included |
| - Broaband Internet |
RM 199 |
Included |
| - Office Cleaning Service |
RM 500 |
Included |
| - Monthly Salary for Receptionist / Admin |
RM 1,500 |
Included |
| - Fax Line Rental ( x 1 ) |
RM 45 |
Included |
| - Phone Line Rental ( x 3 ) |
RM 135 |
Included |
| - Coffee / Pantry Supplies |
RM 50 |
Included |
| - Maintenance & Repairs (Office & Equipment) |
RM 200 |
Included |
| Total (Monthly) |
RM 4,059 |
RM 1,399 - RM 2,200 |
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| * A conservative estimate of costs in a conventional office lease. |
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