Certain areas of Singapore have developed a reputation for being desirable places in which prospective company owners could start a business. The areas which are about to be mentioned have attracted business owners from both Singapore and other countries alike.
Marina Bay is among the most affluent areas of Singapore. The area is home to many residential and commercial buildings, business hubs, and entertainment centers. Thus, it is easy for business activities to take place there. Buildings such as Marina Bay Financial Centre, One Raffles Quay, Marina One, and Asia Square are among the most coveted business locations by those who plan to start a company in Singapore. The area is also served by four different MRT stations as well as multiple bus services. Although the costs of using an office building in the area are relatively high, using an office building in Marina Bay carries much prestige.
Tanjong Pagar is located in the west of the central business district (CBD) of Singapore. Much like Marina Bay, the area includes both modern residential and commercial buildings. There are many renovated office buildings as well as new ones in the area; this abundance of office buildings makes the area conducive for the carrying out of business. Several of the government institutions of Singapore are also located there. Many companies located there are involved in media, consulting, trading, accounting, advertising, and shipping. Shipping companies in particular are drawn to this area because it is close to the sea. The Tanjong Pagar MRT station as well as various bus services increase accessibility to the office buildings of the surrounding area.
Orchard Road is best known as the primary shopping district of Singapore. However, as far as business activities are concerned, the area is also one of Singapore’s best locations in which one could set up a business. The area surrounding Orchard Road is obviously known for its many internationally renowned retail stores as well as its numerous options for entertainment and accommodation. However, the area has also been rapidly gaining a reputation as a suitable location in which one may rent office space. Many companies favor this area because of its high degree of convenience, excellent infrastructure, accessibility, and general prestige associated with the area. Some buildings often used by companies in the area include Paragon Tower, Ngee Ann City, Shaw House, Wheelock Place, Orchard Building, and Wisma Atria. Most of the businesses based in the area are, as one might expect, involved in retail and marketing.