Need a commercial property in Singapore? Seems difficult to find one? We at Expatsrental.com are more than happy to help you find out what you require. We have most of the properties enlisted in Singapore. All depends upon what type of a commercial property you require. Is it a retail place in a shopping center, hdb shop houses or industrial space? Here are a few pointers to keep in mind while making a choice:
• Type of place required i.e. retail place in a shopping center, hdb shop houses or an industrial space or factory.
• Location of the place required.
• Budgets of your rentals.
• Carry out the examination of the place physically.
• Location with in a location.
• Escalators and lifts for accessibility of the customer.
• Loading and unloading facilities.
• Population interaction areas.
• Parking areas should be good.
• Public transportation should be easily available.
• Size of the development area
• Annual Property Tax.
Facing the most important location with in a shopping center, complex or unit will be costing you higher. A shop located on the ground floor will have a higher rental than the one facing the corridor. The most important factor of consideration is the positioning design of the escalators. The ideal is the central location visible from all angles. There must be a loading bay as they make the incoming and outgoing supplies easier. The retail business requires walk in customers, so the center city places like the Orchard Road is one of the catchment areas in Singapore.
If the parking spaces are friendly then the customers are also eager on coming. Accessibility to the public transport brings customers from farther localities. Large shopping centers like Raffles city, Suntec city and others like it. They tend to have their own attracted customers. The shopping centers of this type normally have themes and sales to attract a big number of consumers to it.
Property Tax is a tax on properties in Singapore, just like all the other countries in the world. The amount payable is computed based on the percentage of the Annual Value of the property.
These were the criteria pointers you will be needing to keep in mind while looking for a property. Now if you find a place, there will be other issues that you will have to keep in front. The government has basic criteria for the clientele renting a commercial property.
Commercial properties are generally found in the financial district of Singapore with good infrastructure of public transport, Buses and MRT (trains) Most of the corporate and multi-national has their offices here. We have access to all office space available for rent. Rental can range from S$8 per sqft to S$19 per sqft.If your company is looking for an Old Singapore location ,then the rates there will range from S$4per sqft to S$7 per sqft.The West Coast area is where most industrial and manufacturers are found, because it is very close to the port. The rentals are cheaper here than the city area.
Other locations within the city, includes Marina Square, Orchard Road, Scotts Road, Tanjong Pagar. Public transport has been designed to access all these areas. Many corporate and multi-national depending on their needs are found here. Some medium size businesses are found here too.
ExpatsRental has access to all the commercial properties for Rent available in Singapore.
