What are the common terms I need to know when renting an office?

Rental Rates Rental rates are typically quoted as gross rent per month or in per square feet (PSF). PSF = (Base Rent + Service Charge) / Size of office (in sqft) Service Charge Typically [...]

What is the usual lease term or period?

Usually commercial leases are a 3 year term.

Which businesses qualify for business parks?

Non-pollutive industries that engage in high technology, research and development, high value-added and knowledge intensive activities. 60/40 rule applies. Refer to URA for more details or read [...]

What is the difference between a normal office space, a B1/ B2 industrial space and a Business Park space?

You can refer to our tenant guide here or URA website for more details. Alternatively, contact us to assist you in deciding what office is suitable for your business.

What is the minimum lease term?

The shortest lease term landlords accept is usually 2 years for normal office rentals. For serviced offices & co-working spaces, it may be as short as a couple of days.

What is a partially fitted office?

A partially fitted office usually comes with ceiling board, lights and air conditioning.