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.

Fitted Office For Rent at Teletech Park|1000sqft Up

For Rent Business Parks

Teletech Park – IT Office Space

S$4.70 psf Negotiable

Overview

1,000 - 6,000 sqft
Unit Size

$$4.70 psf Nego
Price psf

Haw Par Villa
Nearest MRT

Business Park
Land Zoning

Description

Science Park Office for rent at Teletech Park – Key Highlights :

Located within Science Park II
Typical office unit sizes : 1,000 – 6,000 sqft (subject to availability)
Ceiling Height : 2.85 – 3.1 m (floor to false ceiling)
Floor Loading : 3.5 – 7.5 kN/m2
Power Provision : 60 Amp 3-phase
Fibre-optic ready
Modular and column-free unit to allow efficient workspace planning
Office unit is fitted with false ceiling, lighting, centralised aircon, and option of raised flooring

Qualifying trade : IT, Media, Product design & development, Engineering R&D, Telecommunications R&D

Accessibility:

9-minutes walk to Haw Par Villa MRT
5-minutes drive to National University of Singapore (NUS) and NUH
20-minutes drive to Central Business Disctrict (CBD)
40-minutes drive to Changi Airport
Internal shuttle bus service connecting Science Park 1, Science Park 2, NUS and NUH
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)

Amenities:

Cafetaria
Childcare centre
Bistros, cafes and restaurants at nearby amenities block @ Sparkle
Food court at adjacent building @ The Kendall
Fitness centre, meeting and conference spaces, auditoriums, event space, co-working space, clinics available within Science Park’s compound.

Property Overview

Located in the middle of Science Park 2, Teletech Park has a partial escalator walkway to Haw Par Villa MRT, which can be reached within 8 minutes. Designed by award-winning Japanese architect Kenzo Tange, this three-storey building is the first facility in Asia that was purpose-built for telecommunications R&D. The entrance lobby has a modern look surrounded by all glass facade and double volume ceiling that brings in ample natural light.

Science Park office for rent at Teletech Park has compact sizes starting from 1,000 – 10,000 sqft, with most of the units under 5,000 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. The amenity block, Sparkle is just opposite Teletech Park, where one can get Startbucks coffee and several local food served in cafetaria. 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.

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 Office For Rent at Teletech Park

How much does Science Park office for rent at Teletech Park cost?

The asking price for office for rent at Teletech Park is S$4.70 psf (Subject to GST) Negotiable. Please note that rental is inclusive of service charges and centralised aircon charges (Monday to Friday 8 am – 8 pm, Saturday 8 am to 2 pm excluding public holidays).

What are the typical sizes of office for rent at Teletech Park?

Compared to other buildings in Science Park II, Teletech Park generally offers smaller unit office for rent that ranges from 1,000 to 5,000 sqft with most of the units falls under 3,000 sqft. Another building at Science Park II that has compact office and lab size between 1,000 – 3,000 sqft is The Alpha and The Gemini.

How is the condition of Science Park office for rent at The Teletech Park?

Office unit at Teletech Park comes fitted with false ceiling, lighting, centralised aircon, and option of raised flooring. Most of the unit are bare (without partition and meeting rooms) but several fitted office for rent is available as well. Fitted office unit are those that most likely be left by previous tenant and some renovation may be required to fit the incoming tenant operational requirement. Please contact us to check for availability.

Which are the companies that has office based in Teletech Park?

Companies that are based in Teletech Park includes :
– ETP Group Pte Ltd (Omni-channel Retail Software company)
– TMC Marine Pte Ltd (international marine consultancy)
– Bureau Veritas Marine (Singapore) Pte Ltd (leading classification society and offshore safety and verification body)

Is there any qualifying trades for companies to be based in Teletech Park?

Yes because Teletech Park 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 Park Usage 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.