MSC Status Office or Building for Rent or Sale (FAQ)

First, decide the location where you would like to have your MSC status office. This can be as specific as a particular MSC status building e.g. The Vertical in Bangsar South. The option can also be as general as an open criterion like it must be located within Klang Valley, or it must be near to public transportation system, within walking distance to KLCC, banks, hotels etc.

After you have decided on the location, you need to determine the size or office built-up that you need. This could be determined by the number of staff you have, whether you need a fully furnished office space for rent and types of rooms you need (e.g. 10 pax meeting room, 100 pax training room, 3 manager rooms, etc), the number of workstations you need etc. You may be guided by the size of your existing office. Alternatively, you may contact our office specialist and we shall guide you in determining the optimum office built-up which best suits your company.

Having decided on the location and the size/ office built-up that you need, the next consideration (and for some, the most important consideration) will be the rental budget that you are setting aside for this new office. Generally the office space rental for MSC status office in KL City Centre (e.g. G Tower, Intermark, Menara Binjai) costs more than other areas, including those located at the fringe of city (e.g. Bangsar South, Damansara Height, Mont Kiara, Bukit Jalil, Cyberjaya, Shah Alam, Petaling Jaya, etc.).

Securing an ideal MSC status office may not be an easy task. We are here to assist you. Our office specialists are the industry expert and active in the market and know where and how to get you your ideal office within the shortest time and at the best rental rate possible. Let us find you your office space fast. Why not start the journey with us? Give us a call NOW at (+6)016-2126193 or email: info@mscofficemalaysia.com for more details.

Sure. Our team covers all MSC office space for rent and sale in the Klang Valley including Mid Valley City, KL Sentral, KLCC, Bangsar South, Petaling Jaya, Subang Jaya, Shah Alam, Puchong, Cyberjaya, etc. Just give us a call NOW at (+6)016-2126193 or email: info@mscofficemalaysia.com and let us know about your requirements (size, preferred location, rental budget). With our years of experience and in-depth market knowledge in the real estate/properties industry, we will be able to match your needs with the offices available in the market instantly. After that, we will arrange for you to view the office. We then negotiate the best price for you and secure you your ideal office.

No. Our fees are paid by the sellers/landlord/office space or building owners. As a buyer or tenant, you need not pay us for the leasing or sale service. So basically the services rendered by us in securing you the office are FREE.

MSC Malaysia Cybercities and Cybercentres are where MSC status office located. These designated areas provide facilities and ecosystems that promote the growth of the ICT companies. These are the areas where MSC Malaysia status companies are able to enjoy world class physical and information infrastructures. These areas are audited annually to ensure that they comply with the criteria as an intelligent city. The telecommunication infrastructure is designed to meet the global standards in terms of capacity, reliability and pricing.  MSC Malaysia Cybercity or Cybercentre are among others, Mid Valley City, KL Sentral, Bangsar South City, etc.

It is not mandatory for MSC Malaysia Status Companies to have their office in MSC Malaysia Cybercities or Cybercentres. However, to enjoy the full benefits as a MSC status company, it is highly recommended that you house your office within MSC Cybercity or Cybercentre. These areas provide conducive and advanced telecommunication technologies and multimedia facilities. Currently, the Bill of Guarantee (BoG) 1 (world-class physical and information infrastructure) and BoG 8 (globally competitive telecommunications tariffs) are only applicable to MSC status companies which have their place of business in a Designated Premises within MSC Malaysia Cybercities or CybercCentres.

“Designated Premises” are premises located within MSC Malaysia Cybercities or Cybercentres and are designated as such by the Malaysian Government. These designated MSC status building or Premises are required to fulfill a set of requirements in order to be assigned as “Designated Premises. A MSC status company with its place of business in “Designated Premises” is entitled to full benefits of the BoG. It is worth to note that not all commercial buildings within a MSC Cybercity or Cybercentre are “Designated Premises”. In fact, usually only a handful of them are “Designated Premises”. For e.g. in Bangsar South City, currently only 9 out of 22 blocks of office buildings are Designated Premises (the number may vary from time to time), while in the Mid Valley City, only The Gardens Tower is a Designated Premises.

If you opt to have your office within the non-Designated Premises in the MSC Malaysia Cybercities or Cybercentres, then you have to forego the benefits under BoG1 and BoG8.

MSC status companies are spread over MSC status office and non-MSC status buildings. Your company location should be determined by your business objectives and needs. At this juncture, you may opt to have your office in the following MSC Malaysia Cybercities and Cybercentres:

a) KL Sentral
b) Bangsar South City
c) KLCC
d) Mid Valley City
e) Sunway Resort City
f) Petaling Jaya, Selangor
g) IHub Sentul Park
h) Puchong Financial & Corporate Center (PFCC)
i) One City in Subang Jaya; and
j) Cyberjaya

The above list is not exhaustive. Do note that NOT all buildings located within the above Cybercities and Cybercentres are Designated Premises.

Why not contact us to find out if a particular MSC office building is a Designated Premises or otherwise? Call us NOW at (+6)016-2126193 or email: info@mscofficemalaysia.com . Let us make the search of your dream office a breeze.

Not necessary. Rental rate and the value of an office is determined by various factors such as the grading of office, location, demand, amenities available, condition of the office and landlord or vendor. The view that MSC status building or MSC status office commands higher rental or selling price is not absolutely true. Let us secure you the best rental and selling rate. Call at (+6)016-2126193 or email: info@mscofficemalaysia.com and consult your office specialist agent NOW.

It’s very simple. Assuming the office is of 2000 square feet and the rental rate is RM4 per square foot. The rental rate is RM8000 (RM4 x 2000 square feet). If the sale price per square foot is RM1000, then the total purchase price is RM2 million (RM1000 x 2000 square feet).

Not necessary. Some MSC status buildings are equipped with centralized air-conditioning system, while some are provided with individual/ split units air-conditioners. There are pros and cons for both systems. For centralized air-conditioning system, you only need to pay a fixed rental rate which has factored in the air-conditioning charges. While for individual air-conditioning system, apart from your rental rate, you have to be prepared to fork out an additional amount for air-conditioning charges which could be substantial if your company’s operations requires high power consumption. On the other hand, normally centralized air-conditioning is operated only during office hours from 8am to 6pm while with individually controlled air-conditioning systems, you are able to enjoy the air-conditioning at any hour depending on your need.

Generally commercial office is not leased or sold with carpark. In other words, you do not get complimentary carpark. Instead, you have to rent the carpark from the carpark management company. The parking expenses are normally borne by the tenant.

The common carpark allocation ratio is 1000sf of floor area will entitle you to 1 carpark. Additional parking lots may be available upon application and subject to the approval of the carpark management company. However, there may be exceptions where the ratio is 1:500sf or 1:1200sf etc.

Unless otherwise agreed by both parties, the property owner (i.e. landlord) will normally bear the service / maintenance charges.

Normally, the tenant is required to pay 1 month’s rental as earnest deposit or booking fees to secure the office. Thereafter, upon execution of the tenancy agreement, the tenant is required to place 2-3 months’ securities deposit and ½ to 1 month’s utilities deposit with the landlord. The requirements may vary on case to case basis and there may be other deposits required for example keys deposit, mailbox deposit, renovation deposit etc, as may be determined by the landlord or office building management.

If your landlord is a GST registered entity, then yes, you are required to pay GST on top of the rental. Deposits are however not subjected to GST.

Generally the tenant shall bear the utilities charges like water, electricity, internet service, telephone bills, sewerage and parking charges.

Normally the tenure of tenancy for office space is 2 years. However, there are cases where landlords accept a shorter term of tenancy of 1 year. If you are looking for tenancy shorter than 1 year e.g. 6 months, you may want to consider serviced office or virtual office which provides you the flexibility of having office for term as short as 1 month. Speak to us if you require more information. Call us at (at (+6)016-2126193 or email: info@mscofficemalaysia.com .

Generally, unless both parties are represented by their own solicitors respectively, the tenant has to bear the fees for preparation of tenancy agreement. Stamp duty is to be paid by the tenant and it is computed based on a formula predetermined by the Inland Revenue Board.

You have to refer to the terms and conditions of tenancy agreement. Normally for tenancy of a fixed period, neither party can terminate the agreement before the expiry of the fixed period. Otherwise the defaulting party shall be liable to pay the innocent party compensation as agreed in the agreement.

Almost all tenancy agreement has a standard term for the tenant to reinstate the office to its original condition upon expiry of tenancy. However, this may be varied by parties especially when the tenant’s renovation or fitting is acceptable to the landlord and the landlord agrees to waive the requirement of restoration.

Grade A office is not defined. Not all MSC status building is automatically a Grade A office space. One has to look at the office building’s location, its age, maintenance quality, facilities, security system, landlord credibility etc. to assess if the building is a Grade A office.

Yes, there are MSC status office or building available for sale. Please contact us at (+6)016-2126193 or email: info@mscofficemalaysia.com for full details.

Yes, we have access to all the MSC status serviced office space or virtual office providers. Please contact us at (+6)016-2126193 or email: info@mscofficemalaysia.com for more information.