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 Business Parks Research & Lab Space

Bio-medical Lab @ Synapse – Biopolis

S$6.65 psf

Overview

2,400 - 10,000
Unit Size

$7.00 - 7.50 psf
Price psf

one-north
Nearest MRT

Business Park
Land Zoning

Description

Lab For Rent at Synapse @ Biopolis – Key Highlights :

Typical research unit size : 2,500 – 10,000 sqft (subject to availability)
Ceiling Height (floor-to-floor) : 5.5 m
Floor Loading : 5 kN/m2
Lab unit is mostly in bare shell condition and features district cooling system, dedicated exhaust shaft, and floor trap.
Central chilled water tap-off points available
Fitted lab unit may be available from time-to-time. Call us to check availability.
Synapse is linked to Amnios building. Please contact us to check for availability of lab for rent at one-north.

Qualifying trade for Synapse : Bio-medical, Life-science, and pharmaceutical company

Accessibility:
• 10 minutes walking distance to one-north MRT, Buona Vista MRT
• 5 minutes drive to NUH, NUS, Science Park
• 15 minutes drive to Central Business District (CBD)

Property Overview

Synapse at one-north hosts several high-profile tenants including local and international tech and science-focused firms that value eco-friendly design and close proximity to research hubs like Biopolis, Mediapolis, and Fusionopolis. Notable key institute at Fusionopolis is A*STAR research public research institutes and and private research organisations GlaxoSmithKline (GSK).

Synapse building is adjoined with Amnios, which is also a purpose-built, multi-tenanted biomedical research facilities suitable for both private and public research institutes, incubator research activities, and clinical research and medical technology research. Lab for rent at Synapse is in close proximity to institutions such as INSEAD, National University of Singapore and Singapore Polytechnic.

Within 10-minutes walk from the one-north MRT station, Synapse is also less than 5-min drive to the Ayer Rajah Expressway (AYE), offering direct connections to Singapore’s Central Business District. Nearby amenities includes ample F&B dining options, fitness centers, supermarket and retail shops at Timbre+ and Fusionopolis to enhance the work-life experience for tenants.

FAQ – Lab For Rent at Synapse – Biopolis

How much does lab for rent at Synapse @ Biopolis cost?

The asking rental rates for bare lab at Synapse is approximately $6.65 psf (subject to GST) negotiable. Fitted lab, if any will be priced slightly higher normally.

What are the research unit sizes available at Synapse?

Lab for rent at Synapse typically ranges from 2,500 to 10,000 sqft. The building is linked to Amnios. Please call leasing hotline to check availability of lab for rent at biopolis area.

How is the condition of lab for rent at Synapse?

Most of the lab for rent at Synapse are in bare shell condition with floor trap and dedicated exhaust shaft for fume discharge. Chilled water tap-off point is available for air-con (if necessary). Fitted lab unit is rarely available. Even if there is, it will be left by previous tenant and some renovation may be required to fit the incoming tenant requirement. Please contact us to check for availability.

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

No. Pre-termination of lease is not allowed by the landlord of Synapse. 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. 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 Synapse?

Yes. Synapse is part of Biopolis precinct in one-north business park. Only bio-medical, life sciences, pharmaceutical or health care industries are eligible to be based at Biopolis. Trade such as Infocom technology, data science, media, science, engineering, and financial technology industries will have to be based at either Fusionopolis or Mediapolis precinct. Please refer here for URA guidelines on business park qualifying trade.

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.