02 Aug 2021
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When searching for Singapore office rental opportunities, it is essential the office rental rates quoted are accurate, up to date and do not hide any hidden extras, such as service charge or the cost of running independent air-conditioning. The rates that we quote for all office space for rent are official asking rents and are gross rates inclusive of service charge, so no hidden extras.
Most commercial property for rent in Singapore is leased on a net lettable area but occasionally offices for rent are leased on a gross area basis, that sometimes includes a corridor contribution if the floor has been subdivided. The landlord would otherwise lose out on rent on space lost to create the passageway, so some tenants are charged for part of the passageway pro rata to the size of their unit. GST is nearly always charged on commercial space for lease but this can be set off against GST the tenant receives.