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.

Science park lab rental at Cavendish (4)

For Rent Business Parks Research & Lab Space

The Cavendish – Research Space

S$4.20 psf

Overview

2,000 - 10,000
Unit Size

S$4.20 psf
Price psf

Kent Ridge
Nearest MRT

Business Park
Land Zoning

Description

Science Park Lab for rent at Cavendish – Key Highlights :

Located within Science Park I
Typical lab and office unit sizes : 2,000 – 10,000 sqft (subject to availability)
Ceiling Height : 4.5 m (floor to slab softfit)
Floor Loading : 12.5 kN/m2
Modular and column-free unit to allow efficient workspace planning
Lab unit is in bare condition and fitted with fire sprinkler, floor trap, and service duct risers for fume discharge leading to roof top

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

Accessibility :

15-minutes walk to Kent Ridge MRT
3-minutes drive to National University of Singapore (NUS) and NUH
15-minutes drive to Central Business Disctrict (CBD)
35-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 :

Seminar rooms and auditoriums and fitness centre with a swimming pool at Oasis
250 units of serviced apartments and facilities under Citadines Science Park Singapore at 7 Science Park Drive (part of Geneo mixed development project)
Food & beverage outlets at Oasis and Geneo
Childcare centre facility at The Chadwick

Property Overview

The Cavendish is located in the middle of Science Park 1, not far from a residential condo known as Normanton Park. The buildings are specifically built for R&D purpose for dry-based R&D or wet laboratory to software development, IT services, and data centres. Built with modular, column-free units, The Cavendish forms a cluster of four-storey research buildings with The Chadwick and The Curie.

The Cavendish has unit sizes starting from 2,000 to 10,000 sqft. All lab for rent at The Cavendish is equipped with fire sprinkler, floor trap, serviced duct risers leading to roof top, and chilled water options to meet research requirements. Companies will need to renovate the space in accordance to their operational requirements. Please call leasing hotline to discuss your company’s space requirement in more detail.

Staff working at The Cavendish 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, Galaxis, and Holland Village. The lunch shuttle service starts from 11.45 am with a returning service provided.

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 Lab For Rent at Cavendish (Science Park I)

How much does Science Park lab for rent at Cavendish cost?

The asking price for Science Park lab for rent at Cavendish is S$4.20 psf (subject to GST) Negotiable. Suitable for dry-based R&D or wet laboratory to software development, IT services, and data centres.

What are the typical sizes of lab for rent at Cavendish?

Lab for rent at Cavendish ranges mostly from 2,000 to 10,000 sqft. But most of the units available now falls under 5,000 sqft. Please contact us to check for availability.

How is the condition of Science Park lab for rent at Cavendish?

Lab unit at The Cavendish is mostly in bare shell condition and fitted with fire sprinkler, floor trap and provision of exhaust riser for fume discharge. Chilled water tap-off point is available. There may be some fitted lab and office units available at Cavendish left by previous tenants. Please contact us to check for availability.

Which are the companies that has office based in The Cavendish?

Companies that are based in The Cavendish includes :
– CHR. Hansen Singapore Pte Ltd (A leading biosolutions partner)
– Imagemaps Pte Ltd (Service and Calibration Lab for Ultracam)
– Credent Technology Pte Ltd (Spatial information technology provider in SEA)

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

Yes because The Cavendish 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.