CEO News

Investor is still interest in Instant Office

Japanese and Korean investors are still interested in using instant office service. Mee Kim, president director of PT. Citra Eksekutip Otorita (CEO) explained that occupancy rate of her instant office in 17th Floor of JSX Building has reached 70 % and 100 % in 39th Floor of Wisma GKBI.

As for the American and Singapore investors, they prefer to wait until Special Assembly of DPR/MPR before starting the business. “Those Japanese investors have been here for long time and they have long term business planning. Business will go on no matter what situation will be,” said Mee Kim who was optimistic of the instant office prospect, because the rental fee of instant office in Indonesia is lower than other neighbor country. In CEO, a 4 x 4 size fully furnished office costs only US$ 500 per month, half of the price of the same size office in Malaysia, or three times lower than Singapore

Franchise

Mee Kim, who started her first instant office in Jakarta in 1997, has been expanding her business to Malaysia, opened a 13.000 meter square office in Menara Maxis, Kuala Lumpur. “The occupancy is 40 %. Unlike Jakarta branch whose clients are foreign companies, most of the tenant there are local companies,” Instant office attires very much foreign investors due to its nature of service that enable client to rent fully furnished office with secretarial service for short term period