Office rental guide
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 […]
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 […]
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, […]
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 […]
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 […]
Legal knowledge
How to Prepare a Detailed Office Interior Fit-Out Budget
An office interior budget should not begin by simply adding up the prices of desks, chairs, partitions, and finishing materials. Businesses first need to determine the usable area, handover condition, headcount, technical requirements, and intended operational date. When these inputs remain unclear, even a detailed budget may omit essential work or require repeated revisions during […]
Office design
15 Modern Office Decor Ideas for a Functional Workplace
Office decor involves more than selecting colors, artwork, or decorative accessories. Each element should also correspond with the floor area, working model, building systems, and renovation conditions of the leased premises. Before choosing a decor concept, companies should determine which areas require investment, how frequently each space will be used, and how long the office […]
Office rental guide
What does office amenities include? 12 essential amenities
Office amenities fall into two main groups – essential amenities and value-added amenities – and directly determine the daily work experience and operational efficiency of a business. When searching for office space, many businesses focus only on area and rental price without fully evaluating the amenities included, leading to unplanned costs or a work experience […]
Office design
How to Select and Coordinate Colors in Office Interior Design
Color in the workplace directly affects how employees perceive space, maintain concentration, and distinguish between functional areas. An appropriate color palette should be determined based on floor area, lighting conditions, finishing materials, and the nature of the work rather than selected solely according to current trends. This article presents common color coordination principles, the characteristics […]