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A serviced office is a set of several individual set of offices that are properly equipped, designed and managed by certain facility management companies which afterwards rents individual floors for the sake of businesses and companies. This business model came into existence in the early part of 90’s. The serviced office to rent is also known as executive suite, office suite, business center etc. it is an environment created to place a business and grow knowledge and ideas that needs to be flourish. This serviced office to rent is a high quality place which is fully furnished and designed for all kind of corporations ranging from small, medium and large. The companies who are offering the service office to rent mostly offer flexible rental terms that allows having a conventional leased office. Spaces are mostly flexible, which means additional spaces can be allotted to companies on a short notice period. The Serviced office in Malaysia gives the flexibility to scale up the offices overnight. A major benefit that is being provided by the Service office over the commercial leases is the additional services.
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