Feature – High Specs Industrial Building
Fitted Business Space at BOSCH For Rent | Opp Marymount MRT
Fitted Office For Rent @ Tai Seng Exchange 2300 – 4300 sft | Move-in condition | Walk to Tai Seng MRT
Aperia (Opp Lavender MRT) – Office Space For Rent | 1700 – 8000 sft
Grantral Mall / Grantral Complex @ Macpherson🍀Former Citimac 🍀 B1 Business Space – Fully Leased
B1 Office For Rent @ UBIX – Directly connected to Ubi MRT | From 2600 sft up
Tai Seng Exchange – Hi-Spec Office and Lab space for rent – 7 min walk to Tai Seng MRT
High Spec Office-cum-production Space For Rent @ 163 Kallang Way | 3400 – 37000 sft | Walk to Geylang Bahru MRT
⭐ New Tech Park B1 Office For Rent – Opposite Lor Chuan MRT ⭐
Office For Rent Near Bendeemer MRT @ 80 Bendeemer Rd | From 5000 sft up
B2 Office & Lab For Rent – Solaris @ Kallang | 2500 – 25000 sft | Walk to Geylang Bahru MRT
There are many premium industrial building at city-fringe that offers some office space for rental. They are perfect for companies that are looking for good corporate image at 40% – 50% cheaper rent than full-fledged commercial or office space in CBD or prime area.
Companies that would like to operate their office-cum-warehouse or their HQ/regional offices with some production/R&D works can choose to be based at premium industrial building that carry good corporate image but cheaper than commercial office space. However, the usage of such space has to conform with URA 60/40 rule. Please see Note 1 below for clarification what this rule means.
Generally these premium industrial buildings offer office-like environment with loading/unloading facilities to cater for production/logistics requirement. Most of these office space for rent are fitted with ceiling board, air-con, and lighting. They are also located conveniently near major transportation and have nice excellent building facade. Some of the units have centralised aircon, while some have individually-controlled aircon. The ground floor lobby where reception and waiting lounge can be quite grand and presentable too. Even walkways at the common corridor are air-conditioned and well maintained.
These office for rent are suitable for various trades such as high-tech industries, IT-related, software development, data centre/processing, product design and development, R&D, digital communication, lab testing, logistic & distribution trade, industrial training centre, customer service centre, etc. Companies can also choose to be based their office at business parks if they are in high value-added trade, R&D, bio-sciences, etc and want to be close their own cluster of trade/expertise. Image-wise, these offices for rent are not anywhere inferior than their CBD offices. Yet, rental rates for these high specs office and production space can be 40% – 60% cheaper than pure commercial office for rent.
Below are some high-specs industrial building that offers business office for rent (subject to URA 60/40 rule – see below Note 1) :
- Aperia @ Kallang Ave
- Tai Seng Exchange @ 1 Tai Seng Ave
- Grantral Mall / Grantral Complex @ Macpherson
- Ubix @ 25 Ubi Road 4
- New Tech Park (Opposite Lorong Chuan MRT)
- Jackson Square @ Lorong 3 Toa Payoh
- ESR Business Park @ Chai Chee
Note 1 : What is URA 60/40 Rule?
To ensure that limited industrial land is used mainly for industrial uses, the URA requires at least 60% of the total floor area of an industrial building to be used for core industrial activities. However, URA recognises that certain non-industrial activities, such as ancillary offices, staff canteens and showrooms are needed to support the predominant industrial uses. Hence, such supporting non-industrial uses, together with ancillary areas (e.g. lift lobbies and circulation spaces) are allowed to occupy up to 40% of the total floor area of an industrial development. – URA
In short, the unit in industrial building is not allowed to be used 100% as office, shop front eg. travel and maid agencies, accounting firms, law firms, advertising agencies, tuition center, supermarket, religious activities, child care, etc. There need to be a predominant use of minimum 60% to be set aside for core industrial activities (see table below). The ancillary component is limited to a maximum of 40% for non-core or supporting uses such as office function eg. HR, admin, finance, sales and marketing, pantry.
Please refer to the illustration below for a more comprehensive understanding of URA 60/40 Rule.
