NEWS/EVENT
Summary Of Office Rental Costs You Already Know
2023.12.21
When you start renting office space for your business, it’s important to have an overview of the costs involved. In addition to the cost of renting an apartment, there are a series of other expenses that you need to consider. This helps you determine your budget, requirements and better understand the details needed for your office.
In this article, Rsquare will explore 11 important types of office rental costs that you should know.
Normally, office rental costs will be divided into the following 4 groups, you should note:
Group 1 – Fixed costs
1. Office rental
Is the fee you have to pay the office owner to use your workspace. Normally the rent will be calculated by m² and paid quarterly or annually depending on contract negotiations.
2. Service fee and management fee
Is the cost that tenants pay for services and utilities provided by the building, including: Reception, security, cleaning, water in the WC area, lighting and air conditioning in public areas, elevator operation, insect control, tree care etc.
Normal service fees do not include: Electricity fees in the rented area, car and motorbike parking fees.
3. Security costs
This is a fee related to security measures such as security systems, surveillance cameras, locking systems and alarm systems in the office.
Group 2 – Office rental fees vary according to actual use
4. Air conditioning costs
These are fees related to providing and maintaining the air conditioning system in the office.
