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.

Alexandra Office for rent at Mapletree Business City

Google office at Mapletree Business City

10 Mapletree Business City office rental

Office rental at Mapletree Business City

Alexandra Office Rental at Mapletree Business City

30 Mapletree Business City Office rental

20 Mapletree Business City office rental

For Rent Business Parks

Mapletree Business City 2 (MBC 80)

S$7.30psf Negotiable

Overview

6,000 - 32,000 sqft
Unit Size

$7.30 psf Nego
Price psf

Labrador Park
Nearest MRT

Business Park
Land Zoning

Description

Office Rental at Mapletree Business City 2 (80 MBC) - Unit Availability

Mapletree Business City For Rent – Key Highlights:

Land zoning : Business Park
Mapletree Business City phase 2 consists of four business park blocks (MBC 50, 60, 70 and 80) and the Common Premises (the common carpark, multi-purpose hall, retail area, and common property which includes the landscape areas, driveways and walkways). Currently only MBC 80 has some space for rent. See the availability of office rental availability above.
Mapletree Business City phase 1 consists of one 18-storey office tower (MBC 10) and three business park blocks (MBC 20 East, 20 West and 30). Click HERE to see office for rent at Mapletree Business City 1.
Mixed-use development integrating office, business park and retail complex with Grade A specifications
BCA Platinum award
Award-winning in design and sustainability
Campus-style working environment within 2.8 hectares of lush greenery, wide public spaces, an eco-pond, art installations, and a central park.Award-winning in design and sustainability of integrated office and business park complex

Qualifying Trade (URA Guidelines) : High tech manufacturing, product design/development, computer centre, data processing, industrial training, e-business, core media activities, and IT/ICT related activities.

Amenities at Mapletree Business City For Rent :

Conference facilities equipped with state-of-the-art audio visual equipment
294-seat multipurpose hall, 123-seat seminar room, two meeting rooms
Carpark with over 1,000 lots
Recreational amenities (11,000 sq ft sky gym, 44-m length heated pool)
Wide-ranging selection of F&B outlets, cafe and food court
Convenience store, childcare centre, clinic, and laundromat
Eco-pond, green roof garden, central park, wide public spaces and lush greenery
Art installations specially commissioned to add liveliness to the development

Accessibility and Connectivity to Mapletree Business City :

Seamlessly linked to Labrador Park MRT via sheltered walkways
Bus-stop right in-front-of the building at Alexandra Road
5-minutes drive to HarbourFront and VivoCity
10-minutes drive to CBD area
25 minute drive to Changi airport

FAQ – Mapletree Business City For Rent

Which blocks does Mapletree Business City 1 and 2 consists of?

– Mapletree Business City Phase 1 comprises one 18-storey office tower (MBC 10) and three business park blocks (MBC 20 East, 20 West and 30)
– Mapletree Business City Phase 2 comprises four business park blocks (MBC 50, 60, 70 and 80) and common premises including the retail area at 40 MBC
There are different sizes available at Mapletree Business City (MBC) for rent spread accross 1 office tower and 7 business park blocks. Typical unit sizes are from 6,000 to 32,000 sqft. Selected units across the business park space can be amalgamated on the same level seamlessly to cater for larger tenants’ demands of more than 60,000 sqft.

How much is the asking rental at Mapletree Business City?

The asking rental rates at Mapletree Business City is S$7.30 psf negotiable (subject to GST). For example, a unit size of 5,000 sq ft will command an asking rental from S$36,500 per month (subject to GST). Please note that asking rental rates includes service fee and centralised aircon during working office hour.

Who are the tenants that have presence at Mapletree Business City 2?

Tenants that have office presence at Mapletree Business City 2 includes :
– ANTA
– Cisco
– Google
– Hilti
– Pfizer
– SAP
– Samsung

Is there any qualifying trade for companies to be based in Mapletree Business City?

Yes as Mapletree Business City falls under Business Park zoning. Per URA guidelines, the qualifying trade permissible includes high tech manufacturing, product design/development, computer centre, data processing, industrial training, internet builders, e-business, core media activities, and IT and Infocom Technology related activities.

Does URA 60:40 Usage Rule applies to business space at Mapletree Business City for rent?

Yes because Mapletree Business City falls under Business Park zoning. URA 60: Rule applies to both industrial building and business parks. Under this rule, at least 60% of a building’s gross floor area (GFA) must be allocated to predominant function such as production or research-related activities, while up to 40% can be used for ancillary functions that directly support these operations. Read more about URA 60:40 Rule HERE.

We focused on:
• Business Parks (Business Space & Lab For Rent)
• Hi-Specs Industrial buildings (Business Space Leasing)
• B1 / B2 Industrial buildings (Flatted or Ramp-up Warehouse For Rent)
• Commercial Property For Rent (Office and Retail Space)

Call us for Free consultation to discuss your space requirements.