What is the difference between a normal office space, a B1/B2 Industrial and Business Park space?
Office (in commercial office buildings) – requires the tenant to use the space purely as an office setup ie. No production or construction works of any kind. Normal office buildings usually want a clean and corporate image for their building.
On the other hand, industrial developments comprise factories, warehouses, telecommunication and utility buildings.
B1 Industrial – Buildings on land zoned B1. Classified as clean & light industrial usage. Usually for businesses that require a large amount of storage space within their office, Research & Development, IT, ICT and Media companies. URA’s 60/40 rule applies. Refer to URA for more details on B1 industrial space.
B2 Industrial – Buildings on land zoned B2, general and special industries are to be located in B2 zone. This includes Manufacturing, repair & servicing, production, assembly, storage of chemicals, oils, knitting mills, core media and e-businesses. URA’s 60/40 rule applies. Refer to URA for more details on B2 industrial space.
Business Park (BP) – for businesses engaged in high-technology, research and development (R&D), high value-added and knowledge intensive activities. BPs have the following distinguishing features:
- A range or variety of activities or uses which are technology and research-oriented industries and non-manufacturing in nature
- Have generous and lush landscaping, quality building designs, and wider range and variety of amenities and facilities
- URA’s 60/40 rule applies (Refer to URA for more details)