How big is the space I need in looking for office for rent at International Business Park?

As general rule of thumb, a standard office space planning will require about 100 - 130 sq ft per person with a 10% buffer to err on the side of caution. The size required is also dependent upon whether the work area per person is going to be compact or spacious with wide distance between each other, and whether there are common spaces such as pantry, chill-out area, meeting rooms, conference room, product demo area, reception etc. It is also good to budget additional 10% of extra space (if budget allows) for future expansion of staff in near term e.g. within 1 year time.

How is the unit condition of 31 International Business Park for rent?

International Business Park office for rent are mostly fitted with false ceilings, lighting and centralised air conditioner. These office units are suitable for companies in knowledge-intensive industries who do not require wet lab presence in their activities.

Is there any rent-free fitting-up period granted when renting a business space at 31 International Business Park?

Yes, there will be rent-free fitting-up period granted. The duration of this rent-free period depends of the size, condition of the space and the effective rental rate over lease duration. Although typically it is 1 month period, prospective tenant may discuss with the landlord for a slightly longer time if there is a sizeable renovation required for large unit or foreseeable construction delay due to manpower shortage. Add Image

How long is the typical lease term at 31 International Business Park?

Typically the lease term is a minimum of 3 years with an option to renew. The lease term can also be longer than 3 years but normally will comes with an escalation of rental rates clause.

Cheapest S$3.70 psf | 29 International Business Park for Rent

Q: What are the typical size of business space for rent at 31 International Business Park (a.k.a Creative building @ IBP)?

The typical unit sizes for rent at 31 International Business Park (IBP) ranges from 2,000 – 12,000 sqft (The largest typical floor plate is approximately 47,000 sq ft at 31 IBP. Smaller units under 2,000 sq ft can be found at Nordic European Centre, The Strategy @ IBP and The Synergy @ IBP. Other International Business Park office for rent typically starts from 2,000 sq ft upward in other buildings.

Q: How much is the asking rental rates at 31 International Business Park?

The rental rates at 31 International Business Park is around S$4.60 psf (subject to GST) negotiable. For example, a unit size of 1,000 sq ft will command an asking rental from S$4,600 per month. Generally the smaller unit will have a stickier pricing (less negotiable compared to the large unit, say above 5,000 sq ft). Do note that for fitted unit, sometimes there might be a takeover fee requested by the existing tenant, although the amount can be negotiated. Please refer to International Business Park Rental Rates Guide HERE.

ACER International Business Park For Rent

For Rent Business Parks

ACER Building @ 29 International Business Park

S$3.70 psf

Overview

2,000 -23,000 sqft
Unit Size

$3.70 psf Negotiable
Price psf

Jurong East
Nearest MRT

Business Park
Land Zoning

Description

Office at ACER @29 International Business Park For Rent – Key Highlights:

Typical unit sizes : 2,000 / 4,000 / 5,000 / 9,000 – 23,000 sqft (subject to availability)
Ceiling Height (floor to slab soffit): 4.1 – 5 m
Floor Loading : 5 – 15 kN/m2
Aircon system : Centralised chilled water system
Power supply : 119 Watts or 0.18 Amps per sqm leased
Unit comes fitted with false ceiling, lighting, and centralised aircon

Qualifying trade:
• Software development
• Research and development
• Computer centre
• Data processing
• Industrial training
• IT / ICT related activities

Amenities :
• Cafétaria, and childcare centre within the building
• Nearby shopping malls e.g JEM, Westgate, IMM, Perennial Business City

Accessibility :
• 15 minute walk to Jurong East MRT
• 5-minute drive from Ayer Rajah Expressway (AYE) and Jurong MRT station
• 20 minute drive to Central Business District (CBD)
• 30-minute drive to Singapore Changi Airport via Ayer Rajah Expressway (AYE)
• IBP shuttle bus services to Jurong East MRT available

FAQ – About ACER @ 29 International Business Park For Rent

How much does office rental cost at ACER @ 29 International Business Park (IBP)?

The rental rates at ACER @ 29 International Business Park is around S$3.70 psf (subject to GST) negotiable. For example, a unit size of 2,000 sq ft will command an asking rental from S$7,400 per month. Please note that asking rental rates includes service charge and aircon during office hours. This rate is one of the lowest asking rental among all the buildings within IBP office for rent. Generally the smaller unit will have a stickier pricing (less negotiable compared to the large unit, say above 5,000 sq ft). Do note that for fitted unit, sometimes there might be a takeover fee requested by the existing tenant, although the amount can be negotiated.

Please refer to comprehensive International Business Park Rental Rates Guide HERE.

What are the sizes of office for rent at ACER @ 29 International Business Park ?

The typical unit sizes at ACER @ 29 International Business Park for rent ranges from 2,000 – 10,000 sqft (The floor plate can stretch up to 23,000 sq ft at 29 IBP. Smaller units under 2,000 sq ft can be found at Nordic European Centre, The Strategy @ IBP and The Synergy @ IBP.

Is pre-termination of lease before expiry allowed for tenancy in ACER @ 29 International Business Park?

No. Pre-termination of lease is not allowed by the landlord of 29 International Business Park. However, tenant can approach the landlord for assistance in looking for a replacement tenant if there is an unexpected change in business plan that requires down-sizing, relocation or closure of business space. Please note that the rental is payable until a tenant replacement is found and commence their lease.

How is the condition of the business space at 29 International Business Park for rent?

The units at 29 International Business Park for rent are mostly fitted with false ceilings, lighting and centralized air conditioner (Monday to Friday 8 am – 6 pm and Saturday 8 am – 1 pm). There are quite several units that are next to each other available and can be amalgamated to make up a large unit between 10,000 to 23,000 sq ft, if required. These business spaces are suitable for companies in knowledge-intensive industries who do not require wet lab presence in their activities.

Is there any qualifying trades for companies to be based in 29 International Business Park?

Yes, there are. As 29 International Business Park falls under Business Park zoning, it has regulatory requirements set by The Urban Redevelopment Authority of Singapore (“URA”), which are intended for businesses involved in high-technology, research and development (R&D), high-value-added, and knowledge-intensive activities.

29 International Business Park for rent is suitable for IT-related trade, software development, data processing, industrial training, and E-business.

Who is the anchor tenant in 29 International Business Park?

The anchor tenant at 29 IBP is ACER, a multinational company in PC industry. Their service center is also located in this building.

Does URA 60:40 Usage Rule applies to 29 International Business Park?

Yes because 29 IBP falls under Business Park zoning. URA 60:40 Rule applies to both industrial buildings and business parks. The rule stipulates that at least 60% of a building’s gross floor area (GFA) must be allocated to predominant function such as production or research-related activities, while up to 40% can be used for ancillary functions that directly support these operations. Please refer to the qualifying trade under business park zoning above.

This is to prevent misuse of industrial spaces while fostering high-value activities in business parks. Please read more about URA 60:40 rule Here.

We focused on:
• Business Parks (Business Space & Lab For Rent)
• Hi-Specs Industrial buildings (Business Space Leasing)
• B1/ B2 Industrial buildings (Ramp-up and Flatted Warehouse)
• Commercial Property For Rent (Office and Retail Space)

Call us for Free consultation to discuss your space requirements.

Address

Open on Google Maps

Address: 29 International Business Park
Postal Code: 609923

Details

Property Size 2,000 -23,000 sqft
Property Type International Business Park
Price psf $3.70 psf Negotiable
Lease Term 3 years
Nearest MRT Jurong East
Land Zoning Business Park

Additional details

Centralised Aircon Yes
Fitted with false ceiling & lightings Yes
Floor to Slab Soffit Ceiling Height 4.1 - 5 m
Loading Bay 7 bays
Typical Floor Loading 5 - 15 kN/m2
Power Supply 119 Watts per sqm
Car Park Allocation 1 lot : 2150 sqft
URA 60:40 Usage Rule Applies
Shuttle Bus Services Provided
Aircon System Chilled water system

Features

Floor Plans

Refer Here for 29 International Business Park Typical Floor Plan

Description:
This is a typical floor plan of ACER Building @ 29 International Business Park (IBP) highlighting the overall internal building layout.