9 Reasons To Engage a Tenant Representative
Office Leasing Tenant Representation in Singapore is Free of Charge, 90% of the time.
As long as your total office rental contract value is higher than $72,000 a month, most Tenant Representation is Free, as the Landlord will pay us our fees.
Most office leases last between two to five years, and such leases form a significant part of your company’s overhead. The total contract value of your office lease can easily be hundreds of thousands of dollars, or even millions.
It makes sense that you will want to engage an expert on the field to represent your interest and to negotiate the most advantageous deal for you.
We have years of specific experience under our belt, and we can be valuable asset to your company or organization.
Having a Tenant Rep will is akin to you having an aide to advise you on matching your business objectives to different office space options in the market. For example, if you are looking to attract and retain talent, you may need to locate your company near public transport, supported with good F&B choices, in-house building amenities (such as gyms, co-working spaces, auditoriums) and in a Grade A Office building.
We can objectively assess your requirements, always keeping in mind your company’s values and goals. He may also play the devil’s advocate in advising you on what you really require and not what you think you require.
As a Tenant Rep lives in the office rental market, we will have unique access to properties which may not be publicly listed in the market. This may also be known as shadow listings or inventories.
For example, the Tenant Rep may know of an in-place tenant who is outgrowing their current space but still have two years to run on their lease. In such a case, a Tenant Rep may be able to co-ordinate a smooth office shuffle whereby he assists to relocate the in-place tenant on their office expansion, and then have it subleased by you, a win-win situation for all parties.
As a business owner or an employee, you have your own job scope to cover. Renting an office and handling tenancy matters might be a distraction from your core activities. By working with us, you can save time and maximize efficiency to boost your own efficiency and revenue.
Landlords never present their best offer upfront. What they do best is to leverage on the lack of transparent information in the market to attain the best deals for themselves.
However, having us, you garner the knowledge and expertise to get yourself a first-rate deal. From knocking off dollars from the rent to working out favourable rent incentives, you can be assured that you signed a advantageous deal for yourself.
Negotiations is a tricky game, which requires uncomfortable yet delicate conversations with your future Landlord, to achieve the best deal.
We can step in as the go-between, so that you can push as hard as you want, and yet avoid such uncomfortable scenarios, hence potentially maintaining good relationship with your future Landlord.
We take an unbiased approach to represent your best interest, and do not act for any Landlord or Building Developers. There will be no conflict of interests and all office rental options will be presented to you, including options which require co-broking with other office leasing consultants.
As we are tenant ourselves, we ask ourselves what we would need in your situation. Our advice will be backed by your office leasing values and goals exclusively, as if it is our own.