Type of Business Space For Rent / Lease in Singapore

Type of Business Space For Rent / Lease in Singapore

Office space for lease in Singapore

Grade A Office

A Grade A office in Singapore is basically an office space in newly constructed or refurbished office buildings located in the Central Business District (CBD) of Singapore. But not all refurbished and new office buildings in the Singapore CBD are Grade A office buildings. Grade A office in Singapore are usually tall and bold with a large lobby and state-of-the-art security, and tenants will be provided with an covered parking facility and sometimes with in-house access to a food court, childcare, fitness centre and other amenities.

These buildings are professionally managed with tenants of MNCs and large corporations carefully selected. The office spaces in Grade A office buildings are oversized with large windows, raised floor system, premium floor to ceiling height and wide columns or sometimes even column free.

These building also feature the highest quality tenants and are a notch above Grade B buildings, which are generally older and lack the amenities Grade A offices provide.

In addition, Grade A office buildings are most commonly found in the Singapore CBD where most MNCs and large corporations are housed. They are also available in locations like Beach Road and Marina Centre. In recent years, the Singapore government has launched its land use plan to decentralize commercial activities outside the Singapore CBD to ease traffic congestion, meaning new Grade A office buildings are now available in the Jurong Lake District, Bouna Vista, and Paya Lebar.

Office space for Sale in Singapore

Industrial Property

Hi-Spec Space (IT & Media)

The “High-Specifications” class of assets comprises vertical corporate campuses with high office content combined with high specifications mixed-use industrial space. These properties house largely multi-national industrial companies that wish to co-locate their manufacturing activities with their HQ functions. Some Hi-Spec space have great corporate image, these are great alternatives of tech or media company as it offer attractive pricing compared to office space.

Industrial B1 (Business 1) Clean & Light Production / Storage

B1 industrial properties are clean or light industrial properties which are suitable for clean and light trades which are involved in light manufacturing activities. For B1 industrial properties, the relevant authority such as National Environment Agency does not impose nuisance buffers of more than 50 metres between residential areas.

Industrial B2 (Business 2) Heavy Production / Warehouse

B2 industrial properties are suitable for businesses with heavier manufacturing and production. For B2 industrial properties, the relevant authority such as National Environment Agency may impose a nuisance buffer of more than 50m nuisance buffer between residential areas. For general industrial properties, the buffer may be 100m while for special industrial properties, it is best to consult NEA or the relevant authorities. This is also a form of pollution control as heavy production activities may cause some form of pollution whether noise pollution or air pollution which is why you notice that B2 industrial properties are usually located further away from residential properties.