
Business Location Selection
Choosing the right business location is a strategic move that shapes your enterprise’s future. Different industries require unique considerations. Here’s a concise guide to key factors and tailored insights for various business types.
1. Why Location Matters
- Maximizes Customer Reach: Ensures accessibility for your target audience.
- Streamlines Operations: Proximity to resources and suppliers boosts efficiency.
- Supports Employees: Convenient locations improve talent attraction and retention.
2. Tailored Considerations for Business Types
- Retail: Prioritize high-traffic areas with aligned demographics and ample parking.
- Offices: Central districts for client access, employee convenience, and professional networking.
- Logistics & Manufacturing: Proximity to highways, ports, and zones with expansion potential.
- Startups: Cost-effective coworking spaces in innovation hubs like Singapore’s One-North.
3. Evaluating Location Features
- Market Access: Connectivity to key markets.
- Infrastructure: Reliable utilities and high-speed internet.
- Future Growth: Urban development plans that enhance value.
4. Top Choices in Singapore
- Orchard Road: For luxury retail brands seeking visibility.
- Raffles Place & Marina Bay: Ideal for corporate prestige.
- Tuas Industrial Area: Suited for large-scale manufacturing and logistics.
- Changi Business Park: Tailored for IT and research-focused enterprises.