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.

Featured For Rent Business Parks

Nexus @ one-north | Fusionopolis

S$6.80 - 7.50 psf Nego

Overview

2,500 - 10,000
Unit Size

S$6.80 - 7.50 psf Nego
Price psf

one-north
Nearest MRT

Business Park
Land Zoning

Description

Nexus One North Space For Rent – Key Highlights:

North Block: 1st – 6th storey (Business Park space – URA 60/40 Utilisation Rule applies)
South Block: 2nd storey (Business Park space)
South Block: 3rd – 6th storey (Office space – URA 60/40 Rule does not apply)
Typical unit size ranges: 2,500 – 10,000 sqft (subject to availability)
Ceiling Height (floor to false ceiling): 2.8 m
Floor Loading : 5 kN/m2
Units are fitted with false ceiling, lightings, raised flooring & centralised aircon
BCA Green Mark Platinum Award
Green features: Motion-sensor lightings, toilets with water saving fittings, recycling corner and high-efficiency multitiered chiller plant

Qualifying trade for Nexus @ one-north :
• Infocom Technology
• Data Science & Artifical Intelligence
• Creative and Gaming
• Robotics & Automation
• IT-related trade & Software development

Amenities :
• Cafetaria
• Clinic on ground floor

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

Property Overview

Nexus at one-north hosts several high-profile tenants including local and international tech and science-focused firms that value Nexus 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.

Nexus @ one-north is only a 5-minute walk from the one-north MRT station and close 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 – About Nexus One-North Space For Rent

What are the unit type available at Nexus one north space for rent?

Nexus offers 2-types of space for rent, namely Business Park space and Office space. Both space can only be leased to companies that fulfill qualifying trades. What distinguishes business park space from office space is the application of URA 60/40 Utilisation Rule :
– URA 60/40 Rule applies to Business Parks space, which are designed to accommodate high-technology, research and development (R&D), and knowledge-intensive activities, often hosting companies that require specific facilities for operations such as assembly or manufacturing spaces.
– URA 60/40 Rule does not apply to Office unit. This means the entire space can be used for all purpose general office work and administrative functions.

How much is the asking rental rates at Nexus @ one-north?

The asking rental rates at Nexus @ one-north depends on the type of the space:
– Business Park Space : Approximately S$6.80 – $7.00 psf (URA 60/40 Rule applies)
– Office Space : Approximately S$7.50 psf (URA 60/40 Utilisation Rule doesn’t apply)
Please read more about URA 60/40 Rule Here.

What are the unit sizes available at Nexus @ one-north?

Unit sizes at Nexus one north space for rent ranges from 2,500 to 10,000 sqft.

How is the unit condition at Nexus @ one-north for rent?

Nexus one north space for rent are fitted with false ceiling, lighting, raised flooring and centralized air conditioner (Mon – Fri 8.30am to 6pm, Sat 8.30am to 12.30pm excluding public holidays). Most of the units are modular and column-free, allowing efficient planning of operation work flow. Fitted unit available from time-to-time. Please contact us to check for availability.

Who are the current tenants at Nexus @ one-north?

The current tenants at Nexus @ one-north includes :
– National Healthcare Group (Leader in public healthcare in Singapore)
– Fujitsu Asia Pte Ltd (Service provider of business and IT solutions)

Is pre-termination of lease before expiry allowed for tenancy in Nexus @ one-north?

No. Pre-termination of lease is not allowed by the landlord of Nexus. 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. Agent’s assistance in marketing the unit can also be sought after. 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 Nexus @ one-north?

Yes. Nexus is located within Fusionopolis @ one-north business park, which focused on high value-added and knowledge intensive industries in Infocom technology, data science, media, science, engineering, financial technology, automation & robotics, etc.

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.