First of all, why set up office in Singapore? Isn’t it an expensive place?
The mantra “Location, Location, Location” not only applies to brick-and-mortar stores, but also to office spaces. While Singapore ranks at 11th place in the list of most expensive places to hold office, it definitely pays off. According to Megan Walters, JLL’s head of capital markets research in Asia Pacific. “...cities are fighting to secure the world’s most dynamic corporations, attract the best talent and pull in capital, both of which are highly mobile.”