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Commercial Properties Singapore

Sales & Rental of Commercial Properties

Enquiry Hotline

(65) 6100 8123

Office For Rent or Lease Singapore

Creating and Promoting Great Customer Experience

Office for Rent 2020 Outlook

For the year 2020, new demand in office for rent remain strong from the following sectors:

  • Information and Communications Industry
  • From the Digital Industry Singapore (DISG) fostering public-private partnerships
  • Banking sector which is moving towards providing more digitised services

Large tech companies are becoming more diversified and will be attracted to business park space to house Research and Development functions, technology development and supporting roles.

Generally, business sentiments remain largely cautious, resulting in lower capital expenditures and more renewals in 2020.  Rent for Grade A Office rosed to $11.55 psf per month in end 2019.  The core city supply will face much competition from quality office developments which are outside the Core Central Business District (CBD).

Listing Of Office Units Available For Rent and Lease

Updated 18 March 2020

Central Core Region
Downtown (including Central Business District)

Raffles Place - Marina - Chinatown - Shenton Way - Robinson Road - Anson -Tanjong Pagar - High Street - North Bridge Road - Rochor - Bugis - Beach Road - Sentosa

far-east-square-office-for-rent-singapore

Contact CosySingapore Commercial Property Consultants at

+65 6100 8123

Distinctive in Heart of CBD
At Amoy Street

Far East Square

  • Centrally located in the Central Business District (CBD)
  • Winner of FIABCI Prix d'Excellence Award 2001
  • In a unique conservation heritage environment
  • Surrounded by many famous eateries
  • 65 m from Telok Ayer MRT Station
  • Available Sizes

    • 1,023 sqft
    • 1,130 sqft
    • 1,593 sqft
    • 1,819 sqft
    • 2,131 sqft
  • PSF (Per Square Foot)

    From $6.30 to $7.50

havelock-two-office-for-rent-singapore

Contact CosySingapore Commercial Property Consultants at

+65 6100 8123

Iconic Along Havelock Road
At Havelock

Havelock II

  • Dedicated office entrance and lobby

  • Near to Clarke Quay and Chinatown MRT Stations

  • Many amenities for food and shopping nearby

  • The unit comes with an independent air-con system, false ceiling, water point

  • Units available at Level 4, 5, 6 and 7

  • Available Sizes

    • 560 sqft
    • 614 sqft
    • 732 sqft
    • 818 sqft
    • 850 sqft
    • 1,087 sqft
    • 1,593 sqft
  • PSF (Per Square Foot)

    From $7.00 to $7.50

chinatown-point-office-for-rent-singapore

Contact CosySingapore Commercial Property Consultants at

+65 6100 8123

Singular Tower at Chinatown
At Chinatown

Chinatown Point

  • Chinatown MRT Station is below the building
  • The unit comes bare with false ceiling
  • A great variety of nearby amenities for food, shopping and transport
  • Unit is at the top floor, easy for visitors and clients to remember
  • Unit is also available for Sale
  • Available Sizes

    2,486 sqft (2 units)

  • PSF (Per Square Foot)

    From $8.00 to $8.50

Central Core Region
District 9, 10, 11

Orchard - Cairnhill - Bukit Timah - Holland Road - Tanglin - Newton - Novena

Distinguish at Orchard
At Orchard

Tong Building

  • Bare unit at high floor with concrete building
  • Comes with bathroom and shower area
  • Central aircon system is provided
  • 4-minute walk to Orchard MRT Station
  • Opposite Ngee Ann City, Wisma and next to The Paragon and Mt Elizabeth
  • Available Sizes

    1,500 or 3,000 sqft

  • PSF (Per Square Foot)

    From $8.90 to $9.50

Modern Classic Along Penang Road
At Penang Road

Regency House

  • Easy short walk to Somerset and Dhoby Ghaut MRT Stations
  • Centrally located at Orchard
  • Close to major retail malls, many amenities and banking services
  • Ample car park lots
  • Private lift lobby access
  • Available Size

    1,507 sqft

  • PSF (Per Square Foot)

    From $7.20 to $7.50

Peaceful Greenery at Tanglin
At Tanglin

Phoenix Park

  • Unique and interesting Colonial-style building
  • Free parking
  • Free 5 minute shuttle bus to and from Redhill MRT Station
  • Lush greenery surrounding
  • The unit comes with air-con, lights and windows
  • Available Size

    Size: 4,443 sqft

  • PSF (Per Square Foot)

    From $5 to $5.50

South Region

Queenstown - Tiong Bahru - Sentosa - Telok Blangah - Buona Vista

Always Innovative at One North
At One North

SOLARIS @ One-North

  • An iconic business park within the Fusionpolis cluster
  • Continuous spiral terrace of green courtyards
  • Great for companies in R & D, Info-communications, media, science, engineering
  • 5-minute walk to One North MRT Station
  • F&B outlets and childcare facilities within the development
  • Easy access to AYE, ECP and MCE
  • Available Sizes

    • 4,817 sqft
    • 7,490 sqft
    • 8,723 sqft
    • 12,917 sqft
    • 20k sqft per floor
  • PSF (Per Square Foot)

    From $5.90 to $6.80

East Region

Geylang - Eunos - Paya Lebar - Katong - Joo Chiat - East Coast - Bedok - Upper East Coast - Changi - Loyang - Tampines - Pasir Ris

eighttrium-changi-business-park-office-for-rent

Contact CosySingapore Commercial Property Consultants at

+65 6100 8123

Conveniently at Changi Business Park
At Changi

EIGHTRIUM @ Changi Business Park

  • Located within one of Singapore top business parks
  • Ideal for companies in R& D, high technology and knowledge-intensive, software/product design, IT, banking, aviation industries
  • Ultra versatile layouts
  • Charming atrium, open spaces and multi-layered landscaping
  • 5-minute walk to Expo MRT Station
  • 5-minute drive to Changi International Airport
  • Available Sizes

    • 4,724 sqft
    • 6,319 sqft
    • 19,687 sqft
  • PSF (Per Square Foot)

    From $4 to $4.50

West Region

Jurong - Boon Lay - Hillview - Bukit Panjang - Choa Chu Kang - Lim Chu Kang - Tuas

1a-international-business-park-office-for-rent-singapore

Contact CosySingapore Commercial Property Consultants at

+65 6100 8123

Preeminently at International Business Park
At Jurong

1A International Business Park

  • Hi-tech business park impressive building with basement car park
  • For companies in high-technology industries, including software research and development and supporting activities
  • Easy car ride and frequent bus rides to Jurong East MRT Station
  • Convenient access via Pan Island Expressway (PIE) and Ayer Rajah Expressway (AYE)
  • Units come with either 3m or 4.5m height, fitted with aircon, false ceilings, raised floors
  • Available Sizes

    • 4,882 sqft
    • 6,777 sqft
    • 10,500 sqft
    • 17,175 sqft
  • PSF (Per Square Foot)

    From $4.10 to $4.80

At Your Preferred Locations

We have a long list of office for rent with our partners

Disclaimer: 

The information contained on this page is for informational purposes only. It does not constitute legal, investment or other professional advice. Although the information on the website has been provided from reliable sources, we do not provide any warranty, expressed or implied, that the accuracy or completeness of any information provided.

Points to Note in Renting An Office Unit

Caution in the use of Office in an Industrial Space

In ensuring that the limited industrial land is used mainly for industrial uses, the URA requires at least 60% of the total floor area of an industrial development to be used for core industrial activities. Some non-industrial activities, such as ancillary offices1, staff canteens and showrooms are needed to support the predominant industrial uses have to be catered for. These are considered ancillary and together with other ancillary areas (e.g. lift lobbies and circulation spaces) are allowed to occupy up to 40% of the total floor area of industrial development.

Rental and Service Charge

Rental rates are usually quoted as gross rent in Singapore dollar per square feet per calendar months (S$psf/mth), comprising of Base Rent plus Service Charge.

Typically, tenants are asked to pay rent on a monthly basis and it is subject to Goods and Services Tax (GST).

Service Charge (between S$1.00 to S$1.30 per sq ft per month) may be charged for centralised air-conditioning expenses during office hours, maintenance and security of the common area and other building’s outgoings. This charge may be subjected to adjustments if there are changes in the maintenance cost.

Lease Period

Lease Period is usually for two to three years. For multiple floor tenancies or anchor tenants, longer

Leases can be negotiated.  Any Lease of seven years or longer has to be registered with the Singapore Land Authority.

Option to Renew

Option to Renew is usually for a period of two to three years and is usually at a rent to be agreed or reviewed according to the prevailing market rent, unless a rent cap has been mutually agreed between two parties in the Lease Agreement.  Do note that rental caps are not common practice in Singapore.

Fitting Out Period

Fitting Out Period is the period between the Possession Date and the Lease Commencement Date for a tenant to renovate the new premises.

Depending on the size of the premises and the prevailing market conditions, the period can range between two weeks to three months. Most Landlords will waive the payment of the Service Charge during this period although there may be exceptions

Security Deposit

Security Deposit equivalent to three to six months’ gross rent, is usually payable upon confirmation of the Lease and it is refundable (without interest) at the end of the Lease.

The amount depends on the Tenant’s financial standing/paid-up capital registered under the Accounting and Corporate Regulatory Authority (ACRA).

Letter of Intent (LOI)

Letter of Intent (LOI) is a non-legally binding document and it outlines the main terms and conditions to be negotiated on by both the tenant and Landlord.

The Landlord will respond to the LOI submitted and may counter propose on several terms.

Letter of Offer (LOO)

After the main terms and conditions are agreed upon by both parties, the Landlord will issue the Letter of Offer (LOO) and a copy of the Lease Agreement, detailing all terms and conditions. Both documents are legally binding upon acceptance.

Once the details are agreed between both parties, Tenant will sign the LOO and pay a booking fee equivalent to one-month rental (subjected to prevailing GST).

Lease Agreement

The Landlord’s legal council will then present the Tenant with the Lease Agreement outlining the Terms and Conditions applicable to both parties as stated in the LOO.

Office Space As Defined By Singapore Authority

Office for Rent or Lease in Singapore is regulated by the Urban Redevelopment Authority.  They have a definition for office and it is a Premises used as a place of business and for conducting administrative work.  This does not include Retail Shop.

Fundamentally, there are 4 categories of commercial office properties in Singapore:

Standard Office  Building

These typically have security, lifts, centralised air-conditioning and/or own aircon in the unit. Such common areas are maintained by the landlord of the building or Management Corporation Strata Title (MCST) for strata offices.  Most come with ceiling boards, lighting system and fire safety system.

Serviced Offices & Co-Working Space

These will be fully equipped and a tenant would be able to start work almost immediately.   They are located usually within Central Business District (CBD) or at the City Fringe or commercial hubs, attracting mostly small businesses, start-ups or overseas companies who just need a small representative office.  It could accommodate 1 to around 100 people.

Shophouses

Shophouses are very popular with companies that present creative solutions or preferred a less informal environment, including architect, advertising agencies, interior design companies, etc.  These are low rise buildings which are usually conserved.  One main advantage is that the rent is usually lower as there is no service charge or maintenance charge.  Most units would come in the bare condition.

Business Parks

While some of the business parks are similar to standard office buildings, some can be equipped with floor trap and exhaust. They cater to non-pollutive industries and businesses that engage in high-tech, high value-added, knowledge-intensive and Research and Development activities.

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Contact Us

CosySingapore Consultants

Commercial Properties Singapore

10.00 am to 7.00 pm

+65 6100 8123

sales@cosysingapore.com

office-units-for-lease-singapore

Contact CosySingapore Commercial Property Consultants at

+65 6100 8123

Let Us Scout For You

Other Office For Lease

Do let us know your requirements and let us source for you.  Just let us have:

      • Size Range
      • Preferred Locations
      • Price Range
      • Date Required (if any)
      • Any Special Requirements