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RSQUARE Vietnam Crosses 1M m² in Cumulative Transacted Space: ‘Locking Horns with Global Real Estate Firms'”
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RSQUARE Vietnam expands into office design, construction and renovation alongside real estate consultancy
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RSQUARE VIETNAM Partners With YEWON to Expand Interior and Remodeling Business in Vietnam
Office rental guide
What is an agile workspace? Flexible offices for businesses
Office rental guide
What is a home office? Pros and cons of working from a home office
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Office design
Which Direction Should a Work Desk Face? Key Office Layout Principles
The direction of a work desk is generally determined by the direction the user faces rather than the direction of their back. When selecting a position, businesses should consider feng shui principles alongside visibility, lighting, circulation routes, and employees’ ability to concentrate. A suitable layout should not be based solely on a direction associated with an individual’s elemental sign. The workstation must also meet practical requirements, such as keeping walkways clear, avoiding direct exposure to high-traffic areas, and maintaining sufficient distance between seats. Is the desk direction determined by the back or the face? The direction of a work desk is based on the direction the user faces while seated. For example, when an employee faces east and has their back toward the west, the desk is considered to face east. According to feng shui principles, the desk should face an open area and allow the user to see the…
Legal knowledge
Accounting for Office Interior Fit-Out Costs: Process and Expenses to Record
Accounting for office interior fit-out costs involves collecting supporting documents, classifying expenses, recording costs during construction, and determining the appropriate accounting treatment after the project is completed. The applicable method depends on the office’s intended use, the company’s rights over the premises, the investment value, and the expected period of use. These factors should be identified before costs are recorded. Applying the same accounting treatment to every project may result in incorrect account classification, incomplete documentation, or an allocation period that does not reflect actual use. Main Categories of Office Interior Fit-Out Costs An office fit-out project usually involves more than the amount stated in the main construction contract. A detailed cost list should be prepared during the budgeting stage so that the accounting team can apply a consistent tracking method throughout the project. Design Costs Design costs may include site surveys, space planning, technical drawings, 3D renderings, and construction…
Office rental guide
Understanding electricity and water costs when renting an office
Electricity and water costs in office rentals are operating expenses paid by the tenant for electricity and water consumed during operations. The tenant bears the majority of these costs, though the boundary of responsibility is defined by the lease agreement. Electricity is calculated based on actual consumption multiplied by the unit rate, while water is typically calculated per headcount or per leased area. The building's unit rate may exceed the original EVN rate due to added operating fees. This article explains how these costs are calculated, the factors that affect them, how to budget for them, and how to account for them as deductible business expenses. [caption id="attachment_40681" align="aligncenter" width="480"] Guide to electricity and water utility costs in office leasing[/caption] Who pays for electricity and water when renting an office? The tenant bears the majority of electricity and water costs, but the boundary of responsibility is defined by the lease…
Office rental guide
What is an office management fee & what it covers
Building management fees for office leases (also known as service charges) are costs businesses pay to the management board to operate and maintain shared areas and services of a building, separate from the listed rent. These fees typically cover five categories: technical operations and maintenance, cleaning and landscaping, security and reception, utilities for common areas, and the management and administrative team. This article clarifies what management fees include and exclude, how they are calculated with worked examples, the factors that determine fee levels, negotiation possibilities, and what to check before signing a lease. [caption id="attachment_40664" align="aligncenter" width="480"] Details of office building management fee categories[/caption] What are building management fees for office leases? Building management fees for office leases are costs businesses pay to the management board or developer to maintain and operate shared areas and services of the building. These fees are also referred to as service charges, and in…
Office rental guide
9 factors that affect office rental costs
Nine factors affecting office rental costs include: building location and area, building grade, leased area and space efficiency ratio, service and management fees, ancillary costs, security deposit, initial fit-out costs, lease term, and timing of lease. Many businesses, when comparing options, focus only on the quoted rent per m² without fully understanding which factors actually determine that price - making it difficult to negotiate or assess whether a given rate is genuinely reasonable. This article analyzes the cost structure of office rentals, the nine key factors influencing pricing, and how to optimize costs effectively without compromising operational quality. [caption id="attachment_40623" align="aligncenter" width="480"] 9 key factors influencing total office leasing costs[/caption] What does office rental cost consist of? Office rental costs fall into four main groups: fixed monthly costs, variable costs based on usage, one-time costs, and costs adjusted over the lease term - total actual costs are often significantly higher…
Office design
What Is Smart Furniture? Applications in Modern Office Design
Smart furniture combines multiple functions or integrates technology into a single product. In an office, these products are commonly used to adjust working positions, manage equipment, organize documents, or change the layout for different activities. However, businesses should not select furniture solely based on the number of available features. Floor area, frequency of use, technical systems, and maintenance costs should all be reviewed before smart furniture is included in the office design plan. What Is Smart Furniture? Smart furniture refers to products designed with multiple functions or integrated components such as sensors, control systems, internet connectivity, lighting systems, and management software. In an office environment, this concept is not limited to equipment controlled through a smartphone. A height-adjustable desk, a storage system combined with partitions, or a meeting table with integrated power outlets and connection ports may also be considered smart furniture when one product addresses several needs within the…
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RSQUARE News
RSQUARE VIETNAM Officially Opens New Office
5th Floor, The Mach Building, 127 Ung Van Khiem, Ward 25, Binh Thanh District, HCMC NEWS/EVENT RSQUARE VIETNAM Officially Opens New Office 2024.11.20 RSQUARE has officially launched its new office at a prime location, promising to provide a modern, convenient, and inspiring workspace. This is an important milestone in our development journey and an opportunity to continue delivering optimal value to our clients and partners. New office location: 5th Floor, The Mach Building, 127 Ung Van Khiem, Ward 25, Binh Thanh District, Ho Chi Minh City. With a modern workspace designed and fully equipped with amenities, RSQUARE's new office will be a place that sparks creativity, promotes growth, and enhances work quality. We are confident that with this change, RSQUARE will continue to improve and provide optimal solutions for businesses and partners. We would like to express our sincere gratitude to our valued customers and partners for their continuous support,…
RSQUARE News
RSQUARE Launches Commercial Real Estate Interior Design Service
With the aim of delivering a comprehensive and seamless “One-Stop” experience, RSQUARE Vietnam has officially expanded and launched its “Real Estate Interior Design Service,” bringing quality workspaces while optimizing time and costs. NEWS/EVENT RSQUARE Vietnam Officially Launches Commercial Real Estate Interior Design Service 2024.03.27 RSQUARE Vietnam is known as a leading and reputable real estate advisory company in Vietnam, headquartered in Korea. With quality as its guiding principle, RSQUARE is committed to providing the most optimal solutions for businesses and customers. With the aim of delivering a comprehensive and seamless “One-Stop” experience, RSQUARE Vietnam has officially expanded and launched its “Real Estate Interior Design Service,” bringing quality workspaces while optimizing time and costs. The “Interior Design Service” is not limited to office spaces; it also covers shopping centers, hotels, apartments, and more, meeting every customer need. Alongside this notable event, it also marks an important step forward in RSQUARE’s steadily…
Market Report
Q2/2025 Industrial Real Estate Market Report – Free PDF Download
In Q2 2025, Vietnam’s office and industrial real estate markets continued to show differing trends across regions. RSQUARE’s latest market report consolidates office market data for Ho Chi Minh City and Hanoi, while also providing updates on industrial real estate across Northern, Central, and Southern Vietnam. In the office sector, rental rates and market availability continued to vary by district. Ho Chi Minh City recorded both rental increases and declines compared with the same period last year, while Hanoi saw rental growth across several areas, accompanied by significant differences in availability changes between districts. The report focuses on: Office rental rate movements across key areas in Ho Chi Minh City and Hanoi Changes in office market availability by area Office rental price ranges, including the highest and lowest levels recorded in each market Industrial park land rental rates across Northern, Central, and Southern Vietnam Rental rates for ready-built factories and…
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