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

Galen – Research Units

S$4.80 psf Negotiable

Overview

2,500 - 10,000
Unit Size

$4.80 psf Nego
Price psf

Haw Par Villa
Nearest MRT

Business Park
Land Zoning

Description

Science Park Office and Lab for rent at The Galen – Key Highlights :

Located within Science Park 2
Typical lab unit sizes : 1,500 – 10,000 sqft (subject to availability)
BCA Green Mark Platinum award
Ceiling Height: 4.2 m (floor to slab softfit)
Floor Loading : 10 kN/m2 (ground floor) ; 7.5 kN/m2 (2nd – 6th storey)
Central chilled water tap-off points available
Modular and column-free unit
Loading bays : 3 bays with dock levelers for 20-foot containers
Bare shell condition fitted with fire sprinkler, floor trap, and dedicated exhaust duct space
Green features: EV charging, Intelligent BMS lighting control, toilets with water saving fittings, recycling corner, and high-efficiency multi-tiered chiller plant

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

Accessibility:

10-minutes walking distance to Haw Par villa MRT
5 minutes drive to National University of Singapore
Approx 15-minutes drive to Central Business District (CBD)
Internal shuttle bus service to Singapore Science Park 1 and 2, NUS, and NUH available

Amenities:

Food court at the opposite building @ The Kendall
Bistros, cafes and restaurants at nearby amenities block @ Sparkle
Fitness centre, meeting and conference spaces, auditoriums, event spaces, clinics and childcare centres available within the Park’s compound
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)

Property Overview

The Galen is located at the end of Science Park 2 surrounded by lush greeneries. 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. The building features a grand lobby with double volume ceiling with meeting room facilities.

Office and lab for rent at The Galen starts from 1,500 – 10,000 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.

The compound of Science Park’s campus-like setting provides an ideal working environment for more than 300 companies, be it MNCs, local companies and research organisations. Situated close to National University of Singapore (NUS), National University Hospital (NUH), and other public research facilities at one-north, companies that are based at The Galen can foster collaboration with top academic and medical institutions efficiently.

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 – Office and Lab For Rent at The Galen @ Science Park II

How much does Science Park lab for rent at The Galen cost?

Asking price for lab for rent at The Galen is approximately $4.80 psf (subject to GST) Negotiable. Please note that rental is inclusive of service charges.

What are the typical research unit sizes at The Galen for rent?

Office and Lab for rent at The Galen typically ranges from 1,500 to 10,000 sqft. The research unit is ideal for R&D activities from wet laboratory to IT and software development.

How is the condition of lab for rent at The Galen?

Most of the lab for rent at The Galen are 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. 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.

Which are the companies based in The Galen?

Companies that are based in The Galen includes:
– Eurofins Food Testing Singapore (International life sciences company that specialises in analytical and clinical testing for food, biopharma industry)
– Draeger Singapore Pte Ltd (R&D in medical and safety technology)
– Aerolion Holdings Pte Ltd (An industrial drone solution provider)

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

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

Yes because The Galen 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.