The Urban Redevelopment Authority (URA) has a 60:40 usage rule for industrial buildings and business parks. This is to ensure that these buildings serve their intended purposes, supporting Singapore’s broader urban planning and economic development goals. Below are simplified guide on the rule about what tenant and owners need to know. What is URA 60:40 Rule? • Regulation: URA 60:40 rule...
B1 vs B2 Industrial Land Zoning Could your choice of industrial space be quietly exposing your business to regulatory risks—or worse, eviction? Understanding B1 vs B2 zoning isn’t just compliance—it’s about safeguarding your operations and reputation. What is the difference B1 vs B2 Zoning? Aspect B1 Zone (Business...
FAQ What should I look for when renting office space? Evaluate the location, lease terms, amenities, proximity to customers or collaborative institutional partner, and overall condition and layout of the space (e.g. minimal or considerable renovation is required). Ensure that the space meets your operational needs and aligns with...
In Singapore, every site is approved for a specific use in accordance to land zoning. Changing an approved use of a premises to another use may cause amenity problems to neighbouring premises in the area. Unless specifically exempted, planning permission for a change of use is required when there is a change in the use is from one use class to another use class or the change of use involves uses which do...
When considering business space or office for rent in Singapore, understanding the terms and conditions in a tenancy agreement is essential. Leasing in Singapore follows a standardized process, with specific terminology unique to the market. Below, we outline these common terms to help businesses navigate the leasing process confidently. Key Leasing Terminologies 1. Gross Rent vs. Net...
Explore Singapore districts name (1 - 28), including their short historical evolution, commercial and industrial landmarks, and future URA development plans. This guide is crafted for business owners, investors, and tenants seeking commercial and industrial properties for rent across Singapore. Overview of District 1 - District 28 District Areas Covered Brief District's History Notable...