Singapore Office Lease Guide

Lease term

Three-year terms are common for conventional offices. Shorter or longer terms may be considered depending on the unit, landlord and commercial terms.

Offer and documentation

Key points include commencement, rent, deposit, fit-out period, permitted use, handover condition, reinstatement and renewal provisions.

Fit-out timing

Bare premises require enough time for design, approvals, contractor work and move-in. Existing fitted space can reduce the programme, but alterations and approvals may still be required.

Renewal and exit

Renewal options should be read with notice periods and the mechanism for future rent. Reinstatement can be a material exit cost and should be understood from the start.