Singapore Rental Office | Frequently Asked Questions

Office Space Rental Guide (psf)

Wondering what the PSFs are for an office space you have in mind? Here are the pricing based on differing locations for your perusal.

Arrange for viewing of shortlisted units. Once decided, we will assist to submit Letter of Intent (LOI) with details like rental price, start date, lease term, rental free period for renovation etc to landlord to express interest in the unit. Tenant will need to submit a copy of Company business profile as well. Some landlords require a cheque of one month deposit when submitting LOI while some do not. Most of the office lease term is for 36 months.

Landlord will then review LOI and will normally revert within 5 – 7 working days. If landlord receives more than one LOI, they will normally pick the best offer, reject the rest and return the cheque. However, if there is only one offer, the landlord would often counter offer if the price and requirements cannot be matched.

Once the LOI is accepted, the landlord will issue Letter of Offer (LOO) immediately. Tenant will need to sign and return LOO with company stamp and issue a cheque for the balance deposit (either 3 or 6 months depending on paid up capital and company set up date), one month advance rental, legal fee ranging from S$1500 – S$5500, Stamp Duty (monthly rental x 36 months x 0.4%) and Admin fee etc.

Once LOO received, the landlord will issue a Tenancy agreement within a month or two.​​

There will be a fixed date given for handover of unit so that the Tenant can start working on the renovation. The Tenant will then need to open an account for Power supply and telecommunication needs so that operation can begin as soon as possible.  Most of the landlords will give one month free rental for renovation.

Arrange for viewing of shortlisted units. Once decided, we will assist to submit Letter of Intent (LOI) with details like rental price, start date, lease term, rental free period for renovation etc to landlord to express interest in the unit. Tenant will need to submit a copy of Company business profile as well. Some landlords require a cheque of one month deposit when submitting LOI while some do not. Most of the office lease term is for 36 months.

Landlord will then review LOI and will normally revert within 5 – 7 working days. If landlord receives more than one LOI, they will normally pick the best offer, reject the rest and return the cheque. However, if there is only one offer, the landlord would often counter offer if the price and requirements cannot be matched.

Once the LOI is accepted, the landlord will issue Letter of Offer (LOO) immediately. Tenant will need to sign and return LOO with company stamp and issue a cheque for the balance deposit (either 3 or 6 months depending on paid up capital and company set up date), one month advance rental, legal fee ranging from S$1500 – S$5500, Stamp Duty (monthly rental x 36 months x 0.4%) and Admin fee etc.

Once LOO received, the landlord will issue a Tenancy agreement within a month or two.​​

There will be a fixed date given for handover of unit so that the Tenant can start working on the renovation. The Tenant will then need to open an account for Power supply and telecommunication needs so that operation can begin as soon as possible.  Most of the landlords will give one month free rental for renovation.

Further Questions?

Feel free to contact Singapore Rental Office and we’ll be glad to assist you.