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 for rent at The Capricorn

For Rent Business Parks Research & Lab Space

Capricorn – Lab and Office Space

S$4.80 - 4.90 psf

Overview

2,500 - 13,000
Unit Size

$4.80 - 4.90 psf
Price psf

Haw Par Villa
Nearest MRT

Business Park
Land Zoning

Description

Science Park Lab for rent at The Capricorn – Key Highlights :

Located within Science Park II
Typical lab and office unit sizes : 2,500 – 13,000 sqft (subject to availability)
BCA Green Mark Gold Plus
Ceiling Height (Lab Unit) : 4.1 – 4.6 m m (floor to slab softfit)
Ceiling Height (Office Unit) : 2.7 m (floor to false ceiling)
Floor Loading : 7.5 – 10 kN/m2
Central chilled water tap-off points for research unit available
Modular and column-free unit to allow efficient workspace planning
Lab unit is in bare condition and fitted with fire sprinkler, floor trap, and exhaust riser for fume discharge
Office unit is fitted with false ceiling, lighting, centralised aircon, and option of raised flooring
Green features : Intelligent BMS lighting control, toilets with water saving fittings, EV charging, recycling corner, high-efficiency multitiered chiller plant, and waste data digitalisation project

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

Accessibility:

Only 2 bus stops away from Haw Par Villa 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 at the beginning of Science Park II, The Capricorn is only 2 bus-stops away from Haw Par Villa MRT. 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, and environmental technology. The ground floor lobby features small indoor garden that allows natural lighting to brighten up the space and makes the surrounding environment pleasant.

Most of lab for rent at The Capricorn starts from 2,500 – 13,000 sqft, although there are a few units that are smaller than 2,000 sqft. Tenants here benefit from the Science Park’s proximity to Haw Par Villa MRT and dedicated shuttle services, making it accessible 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 Office and Lab For Rent at The Capricorn

How much does office and lab for rent at The Capricorn cost?

The asking price for Science Park office and lab for rent at The Capricorn are:
– Lab unit : S$4.80 psf (subject to GST) Negotiable
– Office unit : S$4.90 psf (subject to GST) Negotiable. Please note that rental of office unit is inclusive of service charges and centralised aircon charges (Monday to Friday 8 am – 6 pm)

What are the typical sizes of office and lab for rent at The Capricorn?

The Capricorn has office and lab for rent that ranges from 2,500 to 13,000 sqft with most of the units available currently falls under 5,000 sqft.

How is the condition of Science Park office and lab for rent at The Capricorn?

– Office unit at The Capricorn comes fitted with false ceiling, lighting and centralised aircon (Monday – Friday 8 am to 8 pm excluding public holidays).
– Lab unit at The Capricorn 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 for air-conditioner set-up. There may be some fitted lab and office units available at The Capricorn left by previous tenants. Please contact us to check for availability.

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

Companies that are based in The Capricorn includes :
– Eutech Engineering Pte Ltd
– IGENE Laboratory Pte Ltd
– Sigma Sustainability Institute Pte Ltd
– Coventya South East Asia Pte Ltd
– Nova Satra DX Pte Ltd

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

Yes because The Capricorn 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.