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

Cintech IV – Bare Lab Space

S$4.50 psf Negotiable

Overview

1,7000 - 8,000
Unit Size

S$4.50 psf Nego
Price psf

Kent Ridge
Nearest MRT

Business Park
Land Zoning

Description

Science Park Lab rental at Cintech IV – Key Highlights :

Located within Science Park I
Typical lab and office unit sizes : 1,700 – 8,000 sqft (subject to availability)
Ceiling Height : 4.2 m (floor to slab softfit)
Floor Loading : 5 kN/m2
Chilled-water supply available
Modular and column-free unit to allow efficient workspace planning
Lab unit is in bare condition and fitted with fire sprinkler, floor trap, and service duct risers for fume discharge leading to roof top
Shell+ concept lab available (Landlord will fit-out the bare unit with false ceiling, lighting and individually controlled aircon).

Qualifying trade : Bio-medical, Life-science, healthcare, pharmaceutical, IT-related, technology and knowledge-intensive industries

Accessibility :

10-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, NUS and NUH

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

Cintech I/ II/ III/ IV are situated in the middle part of Science Park I and are next to each other. They are a cluster of 4 functional and space efficient buildings specifically designed for company dealing with IT-related trade such as software development, quick start-up units for dry-based R&D companies, etc. All of these 3 buildings have great corporate image and rejuvenated lobby.

Science Park lab rental at Cintech IV is in bare condition and fitted with fire sprinkler, floor trap, and service duct risers for fume discharge. Chilled water supply for air conditioner is available. An option to fit out the space with false ceiling, lighting and individually-controlled aircon by landlord is available with inclusion of the capital expenditure into the rental amount over the duration of the lease (Shell+ concept). Please call leasing hotline to discuss your company’s space requirements.

The next door building at Cintech 1 has in-house food court called Best Bites, which serves local delicacies at budget friendly price while Cintech 4 houses Starbucks. Staff working at Cintech cluster 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 Sparkle at Science Park II. 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 Rental at Cintech IV (Science Park I)

How much does Science Park lab rental at Cintech IV cost?

The asking price for Science Park lab for rent at Cintech IV is S$4.50 psf (subject to GST) Negotiable. Suitable for dry-based R&D or wet laboratory to software development, IT services, and data centres.

What are the typical sizes of lab rental at Cintech IV?

Sizes of lab for rent at Cintech IV are quite compact from 1,700 to 8,000 sqft. Please contact us to check for availability for smaller or larger lab rental at Science Park.

How is the condition of Science Park lab rental at Cintech IV?

Lab unit at Cintech IV is mostly in bare shell condition and fitted with fire sprinkler, 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 amortised over the lease period.

Which are the companies that has office based in Cintech IV?

Companies that are based in Cintech IV includes :
– Shimadzu (Asia Pacific) Pte Ltd (Industrial and testing equipment for the advancement of industrial fields such as semiconductors)
– RegASK Pte Ltd (Company using AI for augmenting regulatory research and ESG issues management)
– SPRIM Ventures Pte Ltd (A life science consulting agency built to help create, expand, and validate health-focused products)

Is there any qualifying trades for companies to be based in Cintech IV?

Yes because Cintech IV 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.