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.

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.

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.

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.

Office & Business Park Rental at Galaxis Fusionopolis

For Rent Business Parks

Galaxis @ Fusionopolis

S$7.00 - 7.50 psf

Overview

40,000 sqft
Unit Size

S$7.00 - 7.50 psf Nego
Price psf

one-north
Nearest MRT

Business Park - White
Land Zoning

Description

Office and Business Park Rental at Galaxis (Fusionopolis) – Key Highlights:

Integrated 17-storey Business park and Office tower with 35 unit Work Loft concepts
Unit size available : 40,000 sqft
Ceiling Height (floor to false ceiling) : 3 m
Floor Loading : 5 kN/m2
Units are fitted with false ceiling, lightings, raised flooring (150mm) & centralised aircon
BCA Green Mark Platinum Award
Note : Office space – URA 60/40 Rule does not apply (entire space can be used as for all purpose general office work and administrative functions)
Note : Business Park space – URA 60/40 Utilisation Rule applies
Green features: Motion-sensor lightings, eco friendly interior fittings and material, use of renewable electricity for common facilities, waste data digitalisation project, high-efficiency multi tiered chiller plant, EV-charging stations

Qualifying trade for Galaxis @ Fusionopolis :

Infocom Technology
Data Science & Artifical Intelligence
Creative and Gaming
Robotics & Automation
IT-related trade & Software development

Amenities at Galaxis @ Fusionopolis :

Integrated development with retail mall
F&B outlets, shops, clinics

Accessibility :

Linked to one-north MRT
5 minutes drive to NUH, NUS, Science Park
15 minutes drive to Central Business District (CBD)
25 minutes drive to Changi Airport

Property Overview

Galaxy @ Fusionopolis hosts several high-profile tenants including local and international tech and science-focused firms that value convenience, eco-friendly design and close proximity to research hubs like Biopolis, Mediapolis, and Fusionopolis.

Located right above one-north MRT station, this 17-storey integrated project offers superb convenience at prestigious R&D hub in Singapore. There are many amenities such as ample F&B dining options, fitness centers, supermarket, clinic and retail shops to enhance the work-life experience for tenants.

FAQ – About Office and Business Park Rental at Galaxis @ Fusionopolis

What are the unit type available for rent at Galaxis?

Galaxis is at 17-storey mixed development that offers 2-types of space for rent, namely Business Park (URA 60/40 Rule applies) and Office space (URA 60/40 Rule does not apply meaning the entire unit can be used for all purpose general office work and administrative functions).

How much is the asking rental rates at Galaxis @ Fusionopolis?

Asking rental rates at Galaxis @ Fusionopolis depends on the type of the space:
– Business Park space : Approximately S$7.00 psf (URA 60/40 Rule applies)
– Office Space : Approximately S$7.50 psf Negotiable

What are the sizes of office and business park rental at Galaxis @ Fusionopolis?

Office and Business park rental at Galaxis only offers large unit from approximately 18,000 to 40,000 sqft.

How is the unit condition at Galaxis for rent?

Office and business park rental at Galaxis are fitted with false ceiling, lighting, raised flooring and centralized air conditioner (Mon – Fri 8 am to 6 pm excluding public holidays). Most of the units are modular and column-free, allowing efficient planning of operation work flow. Fitted unit available from time-to-time. Please contact us to check for availability.

Who are the current tenants at Galaxis @ Fusionopolis?

The current tenants at Galaxis includes :
– Avaloq Asia Pte Ltd
– Maribank Singapore Pte Ltd
– Canon Singapore Pte Ltd
– Oracle Singapore Holdings Pte Ltd
– Johnson Controls

Is pre-termination of lease before expiry allowed for tenancy in Galaxis?

No. Pre-termination of lease is not allowed by the landlord of Galaxis This is a norm practice by Corporate REIT landlord in Singapore. 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. Agent’s assistance in marketing the unit can also be sought after. Please note that the rental is payable until a tenant replacement is found and commence their lease.

Is there any qualifying trades for companies to be based in Galaxis?

Yes. Galaxis is located within Fusionopolis @ one-north business park, which focused on high value-added and knowledge intensive industries in Infocom technology, data science, media, science, engineering, financial technology, automation, robotics, etc.

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.