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.

Happy Fish Swim School ESR Bizpark Chai Chee

For Rent

Blk 750 ESR Bizpark @ Chai Chee

S$20,624.00
S$4.00/psf Negotiable

Overview

5,156
Unit Size

S$4.00 psf Negotiable
Price psf

Bedok
Nearest MRT

Business Park
Land Zoning

Description

Block 750 ESR Bizpark @ Chai Chee Office For Rent – Key Highlights:
• Size : 5156 sqft
• Ceiling Height (floor to false ceiling): 2.9 m
• Floor Loading : 7.5 kN/m2
• JTC Approval is required

Other unit sizes available at Block 750 : 8,200 / 14,000 / 18,000 / 28,000 sq ft.

Qualifying trade (URA Guidelines) : High tech manufacturing, product design/development, computer centre, data processing, industrial training, e-business, core media activities, and IT / ICT related activities.

Amenities at ESR BizPark @ Chai Chee
• Food court
• Restaurants and fast food chain (Burger King)
• Retail shops e.g. Decathlon, Harvey Norman Factory Outlet
• Learning centers e.g. Berry World Learning School, Auto Gymnastics Center and Dance School, Happy Fish Swim School

Transport Accessibility :
• 2 bus stops away to Bedok MRT
• 15 minute drive to Changi airport
• 20 minute drive to Central Business District (CBD)
• Free shuttle bus to Pasir Ris, Tampines and Bedok MRT available

FAQ – About Block 750 ESR Bizpark @ Chai Chee Office For Rent

How much is the asking price at Block 750 ESR Bizpark @ Chai Chee office for rent?

The asking rental at Block 750 ESR Bizpark @ Chai Chee is around S$4.00 psf negotiable. Please note that the rental rates includes service fee but exclude utilities.
Compare Rental Rates across Business Parks HERE.

What are the unit sizes available at ESR Bizpark @ Chai Chee office for rent at Block 750?

There are different unit sizes at ESR Bizpark @ Chai Chee office for rent which are spread accross 6 blocks (Block 750 – 750 E). Block 750 has unit size from 3,000 – 30,000 sq ft.

Is JTC approval required to lease business space at Block 750 ESR Bizpark @ Chai Chee?

Yes because JTC owns the land where ESR Bizpark @ Chai Chee. But JTC anchor tenant approval is required only for units above 1,000 sqm (11,000 sq ft). Units below 1,000 sqm doesn’t need to apply for JTC anchor but will be subjected to JTC sublet fee.

Is there a fitted unit option at Block 750 ESR Bizpark @ Chai Chee For Rent?

Most of the units available at Block 750 are mostly in bare condition. Incoming tenant will need to renovate the unit in accordance to their own requirements. Fitted units might be available from time-to-time. Normally these fixtures or furnitures (if any) are left by previous tenant or existing tenant that is looking for replacement tenant.

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.