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

Nucleos – Business Park & Office

S$6.80 - 7.50 psf

Overview

3,000 - 6,000
Unit Size

S$6.80 - 7.00 psf Nego
Price psf

one-north
Nearest MRT

Business Park
Land Zoning

Description

Business Park and Office For Rent at Nucleos @ Biopolis – Key Highlights :

Business Park unit available : 6,272 sqft on level 6 (subject to availability)
URA 60/40 Rule applies to Business Park space and trade is still restricted to Biomedical
Office Unit available : 3,449 sqft on level 6 (subject to availability)
URA 60/40 Rule does not apply to office space but trade is still restricted to Biomedical only
Nucleos has lab space for rent (level 1 – 7) – Restricted to Biomedical Trade Only (Click for details)
Ceiling Height for Office Unit (floor to false ceiling) : 3 m (level 6 only)
Floor Loading : 7.5 kN/m2
Sky Garden at 4th level
Excellent corporate image building
BCA Green Mark Gold Plus Award
Green features : Motion-sensor lighting, toilets with water saving fittings, recycling corner and end-of-trip with shower facilities

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

Qualifying Trades : Biomedical, Pharmaceutical and Life Science Only

Property Overview

Nucleos @ one-north is a 7-storey twin tower research facility offering lab, business park and office for rent at a cutting-edge research hub for companies dedicated to biomedical, life sciences, pharmaceuticals, and research initiatives.

Most of the companies that choose office for rent at Nucleos are attracted to its proximity to public research institutes like A*STAR, private research organisations GlaxoSmithKline (GSK), incubator research activities, clinical research and medical technology research makes the location a prime spot for Bio-medical and life-science companies.

FAQ – Business Park and Office For Rent at Nucleos one-north

How much does business park and office for rent at Nucleos cost?

There are 3 types of space available at Nucleos :
– Business Park space ->Asking rental S$6.80 psf
– Office space -> Asking rental S$7.50 psf
– Lab space -> Asking rental S$6.50 psf

Please note that the asking rental is inclusive of service charges and centralised aircon during working hours (Monday – Friday 8 am excluding public holidays).

What are the types of space available at Nucleos for rent and their differences?

Nucleos is a 7-storey twin tower Biomedical research facility and offers the following types of space for rent:
– Pure Office space – Level 6 only (URA 60/40 Rule does not apply, which means the entire space can be used as all purpose general office and administrative functions).
– Business Park space – Level 6 only (URA 60/40 Rule applies, which means only maximum of 40% of the space can be used as general office and administrative functions).
– Research/ Lab unit (1st – 7th level): Restricted to Bio-medical & Life Science Trade. URA 60/40 Rule applies.

What are the typical size of office and business park for rent at Nucleos?

Business Park and Office for rent at Nucleos typically ranges from 3,000 to 10,000 sqft. Please note that both office and business park space at Nucleos is almost fully taken-up. Very few units are available. Please call leasing hotline to check availability.

How is the condition of office for rent at Nucleos?

All of the business park and office for rent at Nucleos are fitted with false ceiling, lighting and centralised aircon. Centralised chilled water tap-off points available.

Who are the tenants based in Nucleos?

Companies that are based in Nucleos includes:
– Denka Life Innovation Research Centre Singapore
– NEC’s first Advanced Centre for Experimentation (ACE) – A “living lab” for proof-of-concepts for advanced solutions in areas such as public safety, transportation and healthcare
– Merz Asia Pacific Pte Ltd (a global leader in aesthetic medicine and neurotoxin therapy)

How is the accessibility and food options at Nucleos?

Nucleos is about 10-minutes walk from the one-north MRT station and close to the Ayer Rajah Expressway (AYE), offering direct connections to Singapore’s Central Business District. There is F&B shops at the ground floor of Nucleos for tenant’s convenience. 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.

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

No. Pre-termination of lease is not allowed by the landlord of Nucleos. 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.

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.