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North East Singapore

SINGAPORE

Private Spaces

355 available

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Coworking Spaces

24 available

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Virtual Offices

3 available

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We have 379 offices available to rent in North East Singapore as at 11 June 2021. These offices are suitable for 1 to 240 people. The average desk price is SGD 746 per month.

Map

North East Singapore, Singapore

Office Hub Co-Stats - live listing data

Average price per desk for casual in North East Singapore based on 1 listingsSGD 140/ weekAverage office price data last updated Fri Jun 11 2021
SGD 20 / day
SGD 140/ week
SGD 604 / month

Properties Summary

This report compares the annual growth of coworking, serviced and shared workspaces within a radius of 8km in and around North East Singapore. The live results reflect the actual data as submitted by our workspace partners on their individual spaces and availability as at 31 May 2021.

25.8%

25.8%

Growth Flexible Locations

-4.2%

-4.2%

Demand For Flexible Workspace

72 sqm

72 sqm

Average Sublet/Shared Floorspace Size

1726 sqm

1726 sqm

Average Serviced/Coworking Floorspace Size

55 Locations

55 Locations

Flexible Workspace Locations

4%

4%

of all Listings are Shared Spaces

Workspace Type

47.3% of the workspaces showing available listings in and around North East Singapore were Serviced Office (Classic), followed by Serviced Office (Creative) with 40%.

Workspace Quality

Taking into account the building quality, workspace fitout and services provided by each provider, the overall ranking for workspaces in and around North East Singapore confirms that 48.9% are rated Excellent.

Building Grade

After comparing the building services and quality of the foyer and common areas we can confirm that 87% of all flex buildings in and around North East Singapore are categorised as A Grade Buildings.

Listings Summary

Based on the actual available listings within a 8km radius of North East Singapore, the following summary highlights the annual movement in pricing, availability and listing statistics. All data is dynamically updated in real time and submitted by our workspace partners as at 31 May 2021.

79.8%

79.8%

of available listings are private offices

4 out of 10

4 out of 10

listings have natural daylight

6059 desks

6059 desks

are currently available to rent

11.4%

11.4%

annual growth in flexible space listings

3.9 sqm

3.9 sqm

is the average size per person/desk

[object Object]

SGD 704

is the average monthly price per desk

11.8%

11.8%

is the average discount on available listings

50.9%

50.9%

of all listings have a discount applied

Average Desk Price - Space Type

In May 2021, after factoring all discounts and incentives the advertised average price per desk is:

Average Desk Price - Office Capacity

Based on the capacity of each office group, this graph shows the average discounted price per desk.

Desk Availability - Space Type

By space type, this report shows the split of available listings as at 31 May 2021.

Building - Features and Facilities

In and around North East Singapore, this graph lists what percentage of buildings have each of these facilities on offer for tenants to use.

Workspace - Features and Facilities

Focusing on the workspace, this graph lists the percentage of spaces who offer these facilities for tenants to use.


3.7 people

3.7 people

No of Desired Desks (average)

[object Object]

SGD 2,210

Rental Budget Per Month (average)

[object Object]

SGD 569

Monthly Budget Per Desk (average)

11.3 months

11.3 months

Desired Rental Term (average)

23.5 sqm

23.5 sqm

Preferred Space Size (average)

29.2 days

29.2 days

Days to Desired Move in Date (average)

Budgeted Spend Per Month

(12 mth average)

Desired Team Capacity (12 mth average)

(12 mth average)

Requested Rental Term

(12 mth average)

Required Size of Space

(12 mth average)

Days to Intended Occupancy

(12 mth average)

Current Workspace Type

Demand by Industry Segment

Tenant Wishlist

Lifecycle of Incoming Tenant

Preferred Workspace Type

Motivation to Move


15.5 days

15.5 days

Actual Days from Enquiry to Signed Deal

10.2 days

10.2 days

Actual Days from Signed Deal to Move In

9.1 months

9.1 months

Actual Average Agreement Term

5.9%

5.9%

From Enquiry to Signed Deal

3 people

3 people

Actual Average Team Size

[object Object]

SGD 489

Actual Average Monthly Desk Rate

[object Object]

SGD 23,393

Actual Average Contract Value

20.8%

20.8%

Average Discount Applied to Signed Deals

Timeline from Enquiry to Move In

Desired vs Actual Contract Term

Desired vs Actual Monthly Contracted Spend

Desired vs Actual Team Capacity

Desired vs Actual Contracted Space Size

Previous Workspace Type

Quick Facts

Offices available count icon

Offices

379

Office capacity icon

Capacity

1 - 240 people

Office price range icon

Price Range (Month)

SGD 81 to
SGD 158,686

Office size measurement icon

Size

5m2 - 1050m2

Office spaces for rent in North East Singapore

Overview

Made up of the towns of Serangoon, Kovan, Hougang, Sengkang and Punggol, North East Singapore was originally a Chinese settlement. Today, Serangoon has become the region’s hub due to it being the easiest place to reach via two MRT lines and a large bus interchange, while Punggol is being developed into a large town with the Punggol Promenade and Waterway attracting tourists to some of the best nature experiences in Singapore.

North East Singapore has a commercial history with basic trade and agricultural activities in populous areas. Today, it’s a largely self-contained region with good business prospects and excellent housing, retail and recreational facilities. Businesses have a limited range of workspace options in this area including serviced offices and coworking hubs, mostly at far more affordable prices than the other regions of Singapore.

What's Nearby (Walking)

Trains

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No data is currently available.

Buses

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Airports

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Seletar (XSP)12.7 km
Singapore Changi (SIN)34.9 km

Bars

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No data is currently available.

Cafes

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No data is currently available.

Taxis

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No data is currently available.

Gyms

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No data is currently available.

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