Office Space For Lease In District 7 Ho Chi Minh: What Start-up Companies Should Pay Attention to When Renting Office

Tuesday, June 15, 2021

What Start-up Companies Should Pay Attention to When Renting Office

Are you a start-up company and looking to rent an office in Ho Chi Minh City? This article will share with you the most useful experiences.

1. Renting an office located far from the city center:

1. Renting an office located far from the city center:
Many startups often use an optimal option to rent an office located far from the central district. You can find offices for rent in Binh Thanh, Phu Nhuan, Tan Binh, District 5, District 11, … to save costs. Usually, buildings for rent in these districts have a small area, not as high-class utilities as in central districts, so the rent is lower, more suitable for small businesses that have just started up.

2. Financial considerations of the business:

This is a very important issue. To rent a suitable office, you must adjust the price so that it is reasonable, especially with the company’s current revenue. Or if your business receives investment from other sources, it seems “easier” to breathe. But if the company is independent and does not rely on support from any source, you must be very careful because it is usually signed for 6 months or more and must deposit at least 3 months of rent. Therefore, you must pay 4 months in advance of the office rent to officially have full use rights.

3. Small office space rental:

Renting an office with a small area is a common need of small, newly established, small-scale companies who need to find a small office to save on rental costs. although small, but the layout is suitable and tidy, which can still bring a professional feeling to the company using a reasonable design style. Normally, you can find small offices from 15m2, 18m2 to 30m2 depending on your ability and needs.

4. Learn about the form of Officetel:

4. Learn about the form of Officetel:
Officetel real estate model is the perfect combination between Office and Hotel, this is a model that has been developed for a long time in developed countries but has only recently blossomed in Vietnam. Officetel model apartment used to both stay and combine with it. Officetel is a type of real estate full of closed utilities of a residential area, having high commercial features, completely unlike the traditional model, so it is very suitable for companies start-ups with foreign investment. Currently, there are many Officetel buildings in District 7 and District 1.
Normally, an Officetel apartment has an area of from 25 to 40 m2, so this type of apartment is quite suitable for Startup companies, representative offices or company branches, research teams, or others. Foreign groups working in Vietnam… In addition, Officetel also brings many conveniences and advantages to tenants, both providing standard and luxurious offices with a full reception hall, elevator, security system with a professional management team.

5. Choose to rent a coworking office:

A shared office, also known as Coworking Space or rental of working seats, is a service that provides users with a workspace with full functions of a professional office. A shared office is an effective office solution for individuals and organizations to jointly own and share office costs. These offices are often fully equipped with equipment, helping businesses minimize the cost of renting offices, very suitable for start-ups. Currently, shared offices in the form of co-working spaces are emerging a lot in big cities. This form of coworking creates very good conditions for the star-up ecosystem to develop, supporting startups to expand their scale.

For Foreign companies that want to start or expand businesses and look for an office in Vietnam: