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.

For Rent Bare or Fitted Office Business Parks

Nicely Fitted Office at The Gemini

S$20,395.00
S$4.30/psf Negotiable

Overview

4,743
Unit Size

S$4.30 psf Negotiable
Price psf

Kent Ridge
Nearest MRT

Business Park
Land Zoning

Description

Science Park Fitted Office For Rent at Gemini – Key Highlights :

Located within Science Park II
Size : 4,743 sqft
Ceiling height : 4.2 m
Floor Loading : 10 kN/m2
Ground floor level
No take-over fee. Unit as it is condition.
Nicely fitted office with 2 meeting rooms, 14 manager rooms, 1 GM room, 1 server room, 1 compactus room, work-stations and pantry
Other Bare office and lab space units available at The Gemini from 1,000 – 20,000 sqft

Qualifying trade : Bio-medical, Life-science, healthcare, pharmaceutical, IT-related, technology and knowledge-intensive industries

Accessibility:

8-minutes walk to Kent Ridge MRT
5-minutes drive to National University of Singapore (NUS) and NUH
20-minutes drive to Central Business Disctrict (CBD)
40-minutes drive to Changi Airport
Internal shuttle bus service connecting Science Park 1, Science Park 2, NUS and NUH
Free lunch shuttle bus service to food centres daily (different food centres on rotation e.g. Holland Drive Galaxis, Seah Im Food Centre, Ghim Moh Food Centre, Holland Village, Ayer Rajah Food Centre, West Coast Plaza)

Amenities:

Bistros, cafes and restaurants at nearby amenities block @ Sparkle
Food court at adjacent building @ The Kendall
Fitness centre, meeting and conference spaces, auditoriums, event space, co-working space, clinics and childcare centres available within Science Park’s compound.

Property Overview

Located in the middle of Science Park 2, Gemini is only 8-minutes walk away from Kent Ridge MRT. It is also next to amenities block, “Sparkle” and Co-working space, “The Workshop”. It is a high-quality facility that caters to R&D and high-tech industries and have attracted many well-known names in industries such as biotechnology, pharmaceutical research, digital innovation, and environmental technology. 

Most of the Science Park lab for rent at Gemini starts from 1,000 – 10,000 sqft, although a continuous single floor plate in one wing can stretch up to 20,000 sqft (with exclusive usage of lobby and washroom). The Gemini is a very long rectangular building that is divided into 4 lobbies, namely Lobby A, B, C and D.

Tenants here benefit from Gemini’s proximity to Kent Ridge MRT and amenities block (Sparkle) where Starbucks and cafes can be found making it convenient for employees and visitors alike. Staff working at Science Park 1 and 2 can also take advantage of the complimentary lunch shuttle service that go to different market places such as Holland Drive Market, Ghim Moh Food Centre, Holland Village.

Below are Science Parks buildings with office and lab space for rent :
• Science Park I : Geneo, Ascent, Cintech I, Cintech II, Cintech III, Cintech IV, The Rutherford, The Cavendish, The Chadwick, The Curie
• Science Park II : The Alpha, The Aries, The Capricorn, The Gemini, Teletech Park, The Galen, The Kendall

FAQ – Science Park Fitted Office For Rent at Gemini

How much does fitted office for rent at Gemini cost?

The asking price for this Science Park office for rent at Gemini is $4.30 psf (subject to GST) Negotiable. This is a similar asking rental rate with a bare space at The Gemini. Hence, it is a very good deal for company looking for fitted office in move-in condition with no takeover fee.

Are there any other sizes of office space for rent at Gemini?

Yes, The Gemini has office and lab for rent that ranges mostly from 1,000 to 10,000 sqft. The largest unit can stretch up to 20,000 sqft on a single continuous floor plate with exclusive use of lobby and washroom. However, they are mostly in bare condition. Please call us to check availability of fitted office for rent at Science Park.

Which are the companies that has office based in Gemini?

Companies that are based in Gemini includes :
– Aibel Pte Ltd (A global company that works within the oil, gas and renewable energy sectors)
– Axcynsis Therapeutics (Platform-based biotechnology company developing Antibody-X Conjugate (AXC) therapies)
– Acumen Diagnostics (Singapore-grown award-winning medical diagnostics and technology company)
– Kellogg Asia Pacific Pte Ltd (Global provider of snacking, international cereal and noodles)
– Neste Singapore Pte Ltd (Leading produce of sustainable aviation fuel and renewable diesel)

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

Yes because The Gemini is classified under Business Park zoning. Urban Redevelopment Authority (URA) specifies that only certain qualifying trades engaged in high-technology, research and development, high value-added and knowledge intensive activities are allowed to be based in Business Parks. Read more about URA Guidelines on Business Parks 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.