Types of Office Spaces for Lease: Definition and Classification
An office is a designated space or area that serves as the headquarters or branch of a company. It is where employees and management work together. The office is the hub of all business activities for the company, including meetings and exchanging information with partners and clients.
Therefore, selecting the right office space for lease is considered a crucial first step toward the long-term success of a company’s development.
Table of Contents
1. What is a Company Office?
A company office is a shared workspace for both employees and management. It is not only where people gather daily to work, but it can also be used for meetings or hosting partners and clients.
The office is where business operations, communication, teamwork, and brand image shaping take place. It plays a crucial role in fostering an environment where employees can work efficiently and creating a professional impression for clients and partners.
Company offices are typically designed and decorated to align with the company’s brand image and values. A beautiful and modern office can enhance trust and credibility with clients and partners.
2. Types of Office Spaces Today
In Vietnam, office space types have become increasingly diverse, offering various choices to meet the specific needs of both domestic and international businesses.
Common types of office spaces include:
- Traditional Office
- Co-working Space
- Virtual Office
- Shared Office
- Biophilic Office
- Smart Office
2.1 Traditional Office
The traditional office is the most common type today. It is a workspace model with clearly divided spaces, where departments and workstations are separately organized.
Traditional offices typically have large areas and are equipped with all the necessary facilities for business operations.
2.2 Virtual Office
A virtual office provides businesses with a registered business address, phone number, and email service without the need for physical office space. Virtual offices are often located in premium buildings in prime areas.
2.3 Co-working Space
Co-working spaces offer shared workspaces for companies, allowing them to share essential amenities and services.
These spaces are generally smaller in size and designed flexibly, catering to businesses of various sizes.
Shared offices provide businesses with separate workspaces while sharing some common amenities and services. These offices are typically larger than co-working spaces and are suitable for medium and small businesses.
2.5 Biophilic Office
Biophilic offices are designed to be environmentally friendly, incorporating natural materials and maximizing natural light. These offices promote a comfortable and healthy working environment for employees.
2.6 Smart Office
Smart offices use advanced technology to automate business processes. These offices help save time and effort while improving overall business efficiency.
3. Main Types of Office Leasing
Currently, office leasing types in the market are categorized into five main forms:
- Office floors in buildings or skyscrapers
- Officetel leasing (office-residential hybrid)
- Leasing standalone houses as office spaces
- Coworking Spaces (shared office space)
- Virtual office leasing
3.1 Office Floors in Buildings or Skyscrapers
This form applies to office buildings or skyscrapers. Office buildings are divided into four categories: Class A, Class B, Class C, and Budget.
3.1.1 Class A Luxury Office Buildings
Class A office buildings, also known as premium buildings, are located in high-demand areas, such as prime spots in the city. These buildings are equipped with modern facilities and are managed by professional teams. They meet international standards in terms of materials, design, and services.
3.1.2 Class B Office Buildings
Class B office buildings are located in areas slightly further from the city center but offer more affordable prices than Class A offices. These offices are popular due to their reasonable pricing and convenient infrastructure and transportation access.
3.1.3 Class C Office Buildings
Class C office buildings are generally smaller and lack the premium facilities and services found in Class A or B offices. However, the rental prices are lower, which attracts startups or businesses with limited budgets.
3.1.4 Budget Office Buildings
Budget office buildings offer the most affordable office space for lease. These buildings are typically smaller and offer fewer amenities, making them ideal for small businesses or startups with tight budgets.
3.2 Officetel Leasing
An Officetel is a hybrid unit combining office and hotel features, commonly used as both a residence and an office. The units usually range from 30m² to 50m² or larger. Officetels are a good fit for small companies with fewer employees (4-10 people) or foreign businesses setting up representative offices in Vietnam.
3.3 Leasing Standalone Houses as Office Spaces
Some companies prefer offices located on quiet internal roads or streets with easy access for cars. Leasing standalone houses as office spaces is an ideal option for these businesses.
The advantages of leasing standalone houses include:
- Ground-level properties for easy movement without waiting for elevators
- Flexibility in the layout of the space
- Greater privacy and security
- Freedom to display company logos
- Ability to modify the interior according to needs
- Operating on the company’s schedule without being bound by a shared building’s restrictions
3.4 Coworking Spaces
Coworking spaces are shared work environments designed to accommodate multiple businesses. These spaces come fully equipped with essential amenities such as desks, chairs, meeting rooms, Wi-Fi, printers, fax machines, and air conditioning.
Coworking spaces are ideal for freelancers, startup founders, small businesses, and remote workers. They offer a cost-effective and creative workspace while fostering a sense of community and collaboration.
3.5 Virtual Office Leasing
Virtual offices offer affordable solutions for newly established companies or businesses with limited budgets that still want a commercial address and professional services. Virtual offices are typically integrated within office buildings that provide administrative support and operational management.
This office model is popular with startups and small teams, allowing them to establish a presence without the high cost of physical office space.
Choosing the right office space depends on the company’s specific needs, size, industry, and budget. Companies must carefully consider factors like work environment, supporting amenities, and scalability for future growth. Making the right choice is key to a business’s long-term success and sustainable development.
Editor and content team manager at Maison Office.
With over 5 years of experience in consulting and extensive content editing in the real estate services and interior design field. Sharing valuable information with customers, partners, and attracting millions of views.
