The Effect of Startup Funding on Property
Startups in Singapore have come a long way – in 2017, Singapore was ranked first in the world for startup talent (by Startup Genome) and listed as the number one best startup cities (by Nestpick).
It has been observed that most startups’ biggest initial challenges include the lack of funding beyond the ‘seed stage’. Hence, the increase in crowdfunding and its platforms has helped many startups realise their real estate needs.
According to a small case study, most startup companies that receive a round of substantial funding move out to a larger office premise in an average of about 3-9 months.
This then shows that the higher the startup funding, the greater the demand for commercial spaces.
To read on more of the impact of startup funding on commercial spaces, click here