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.

Science Park Office Rental at Cintech

For Rent Business Parks

Cintech III – Compact IT Office

S$4.70 psf Negotiable

Overview

1,500 - 10,000 sqft
Unit Size

S$4.70 psf Nego
Price psf

Kent Ridge
Nearest MRT

Business Park
Land Zoning

Description

Science Park Office rental at Cintech III – Key Highlights :

Located within Science Park 1
Typical office unit sizes : 1,500 – 10,000 sqft (subject to availability)
Ceiling Height : 2.7 m (raised floor to false ceiling)
Floor Loading : 5 kN/m2
BCA Green Mark Gold Plus Award
Office unit is fitted with false ceiling, lighting, centralised aircon, and option of raised flooring
Green features : Motion-sensor lighting, toilet with water saving fittings, recycling corner, high efficiency multi-tiered chiller plant, and end-of-trip facilities (with shower facilities)

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

Amenities at Science Park 1:

Food court available at next door building @ Cintech I
Childcare centre facility available 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 Ascent, Oasis and Geneo
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)
Retail shops and supermarket at One@KentRidge

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
Retail shops and supermarket at One@KentRidge

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 office rental at Cintech III comes with false ceilings, lighting, and central air-conditioning with/without raised flooring. An option of renovation to equip the space by landlord is available with inclusion of the capital expenditure into the rental amount over the duration of the lease (Fit & Lease scheme). Some fitted office for rent (left by previous tenant) is also available. 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 1 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 2. 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 Office Rental at Cintech III

How much does Science Park office rental at Cintech III cost?

The asking price for office for rent at Cintech III is S$4.70 psf (Subject to GST) Negotiable. Hence for a unit of 1,500 sqft size, the asking rental is S$7,050/mth (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 1 pm excluding public holidays).

What are the typical sizes of office for rent at Cintech III?

Cintech III has compact unit office for rent that ranges from 1,500 to 10,000 sqft with most of the units falls under 3,000 sqft.

How is the condition of Science Park office rental at Cintech III?

Office unit at Cintech III comes fitted with false ceiling, lighting, centralised aircon, heat detectors, and option of raised flooring (300 – 500 mm). Most of the unit are in bare condition (without partition and meeting rooms).

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

Companies that are based in Cintech III includes :
– Expersoft (wealth and asset management software provider)
– Endobot Surgical Pte Ltd (Research and experimental development on medical science).
– Digital Applied Research And Technology Pte Ltd

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

Yes because Cintech III 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.