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

The Rutherford – Research Lab Space

S$4.50 psf Negotiable

Overview

2,000 - 20,000 sqft
Unit Size

S$4.50 psf Nego
Price psf

Kent Ridge
Nearest MRT

Business Park
Land Zoning

Description

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

Located within Science Park I
Typical lab and office unit sizes : 2,000 – 20,000 sqft (subject to availability)
Ceiling Height : 4.5 m (floor to slab softfit)
Floor Loading : 7.5 – 10 kN/m2
Modular and column-free unit to allow efficient workspace planning
Lab unit is in bare condition and fitted with smoke detector, floor trap, and service duct risers for fume discharge

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, and NUS

Amenities :

Childcare centre facility nearby building at The Chadwick
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 Cintech I, Oasis and Geneo
Retail shops and supermarket at One@KentRidge
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 Rutherford & Oasis are situated at the end of Science Park 1, near to a residential condo known as Normanton Park. Rutherford are specifically built for R&D purpose for dry-based R&D or wet laboratory to IT-related activities. Rutherford has vacancies for laboratory space for rent on an immediate basis with sizes starting from 2,000 to 20,000 sqft.

The lab for rent at The Rutherford is in bare shell condition and equipped with fire sprinkler, floor trap, dedicated exhaust duct space, 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 Rutherford 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, Holland Village and Seah Im food Centre. 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 The Rutherford (Science Park I)

How much does lab for rent at Rutherford cost?

The asking price of lab for rent at The Rutherford is S$4.50 psf (subject to GST) negotiable. Some selected units may be on promotional rate (with longer rent free period). Suitable for dry-based or wet laboratory to software development, IT services, and data centres.

What are the typical sizes of lab rental at The Rutherford?

Typical sizes of lab for rent at The Rutherford ranges from 2,000 to 20,000 sqft, with most of the units available now falls in between 2,500 – 5,000 sqft. Please contact us to check for availability for smaller or larger lab rental at Science Park.

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

Science Park lab for rent at The Rutherford is mostly in bare shell condition and fitted with smoke detector, floor trap and provision of exhaust riser for fume discharge. Some selected units are under Shell+ concept, which means landlord will be fitting-up the bare shell lab unit with false ceiling, lighting and individually-controlled air conditioner. Of course, a Shell+ unit will be priced slightly higher in comparison to a bare shell lab unit as the capital expenditure for the fitting-up will be included and amortized over the lease period.

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

Companies that are based in The Rutherford includes :
– FrieslandCampina Development Centre AMEA Pte Ltd (one of the world’s five largest dairy companies)
– Avaya Singapore Pte Ltd (communication systems and software provider)
– inCall Systems Pte Ltd is an Outsourced Business Service Provider which offers end-to-end integrated marketing solutions
– Prochem Solutions Pte Ltd (IT Services & custom software provider)

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

Yes because The Rutherford 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.