Total occupancy cost for Grade A office space in Singapore: $145.6 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Singapore Office Cost Breakdown (USD/sqft/yr)
Rent: $99.09/sqft/yr
Service Charge: $4.07/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $24.8/sqft/yr
Facilities Management: $9.69/sqft/yr
Utilities: $4.32/sqft/yr
Reinstatement / Dilapidations: $3.27/sqft/yr
Total Occupancy Cost: $145.6/sqft/yr
Singapore Serviced Office Costs
Serviced and flexible office space in Singapore costs between $635.0 and $2370.0 per person per month, with a mid-market rate of $1850.0 per person per month.
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