Orchard Road for lease - image 1
Orchard Road for lease - image 2
Orchard Road for lease - image 3

Orchard Road

SINGAPORE

Private Spaces

204 available

View Now

Coworking Spaces

9 available

View Now

Virtual Offices

1 available

View Now

We have 213 offices available to rent in Orchard Road as at 12 June 2021. These offices are suitable for 1 to 240 people. The average desk price is SGD 717 per month.

Map

Orchard Road, Singapore

Office Hub Co-Stats - live listing data

Average price per desk for coworking in Orchard Road based on 21 listingsSGD 150/ weekAverage office price data last updated Fri Jun 11 2021
SGD 22 / day
SGD 150/ week
SGD 651 / month

Properties Summary

This report compares the annual growth of coworking, serviced and shared workspaces within a radius of 2km in and around Orchard Road. The live results reflect the actual data as submitted by our workspace partners on their individual spaces and availability as at 31 May 2021.

26.7%

26.7%

Growth Flexible Locations

11.2%

11.2%

Demand For Flexible Workspace

75 sqm

75 sqm

Average Sublet/Shared Floorspace Size

1808 sqm

1808 sqm

Average Serviced/Coworking Floorspace Size

29 Locations

29 Locations

Flexible Workspace Locations

3%

3%

of all Listings are Shared Spaces

Workspace Type

48.3% of the workspaces showing available listings in and around Orchard Road were Serviced Office (Creative), followed by Sublet Office Space (Not Shared) with 3.4%.

Workspace Quality

Taking into account the building quality, workspace fitout and services provided by each provider, the overall ranking for workspaces in and around Orchard Road confirms that 58.3% are rated Excellent.

Building Grade

After comparing the building services and quality of the foyer and common areas we can confirm that 86% of all flex buildings in and around Orchard Road are categorised as A Grade Buildings.

Listings Summary

Based on the actual available listings within a 2km radius of Orchard Road, 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.

82.3%

82.3%

of available listings are private offices

3 out of 10

3 out of 10

listings have natural daylight

3259 desks

3259 desks

are currently available to rent

8.2%

8.2%

annual growth in flexible space listings

4 sqm

4 sqm

is the average size per person/desk

[object Object]

SGD 712

is the average monthly price per desk

11.8%

11.8%

is the average discount on available listings

60.6%

60.6%

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 Orchard Road, 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.


4 people

4 people

No of Desired Desks (average)

[object Object]

SGD 2,590

Rental Budget Per Month (average)

[object Object]

SGD 616

Monthly Budget Per Desk (average)

12.2 months

12.2 months

Desired Rental Term (average)

26.1 sqm

26.1 sqm

Preferred Space Size (average)

25.1 days

25.1 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


0 days

No data available

Actual Days from Enquiry to Signed Deal

0 days

No data available

Actual Days from Signed Deal to Move In

3 months

3 months

Actual Average Agreement Term

3.2%

3.2%

From Enquiry to Signed Deal

1 people

1 people

Actual Average Team Size

[object Object]

No data available

Actual Average Monthly Desk Rate

[object Object]

No data available

Actual Average Contract Value

100%

100%

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

213

Office capacity icon

Capacity

1 - 240 people

Office price range icon

Price Range (Month)

SGD 85 to
SGD 158,686

Office size measurement icon

Size

5m2 - 1050m2

Office spaces for rent in Orchard Road

Overview

The Orchard area is Singapore's most famous and vibrant shopping district. Built around the 2.2km stretch of Orchard Road, it's a haven of designer clothes, boutique stores and fast fashion. Some of the most famous malls on Orchard Road include ION Orchard Mall, 313@Somerset and Paragon Shopping Centre. There are great MRT and road links to the nearby Downtown Core while Changi International Airport is approximately 20km from the area. There are also many international hotels, fine restaurants and cool cafes. Orchard Road is the place to be for retail excitement and a fresh modern take on the city life of Singapore – many local and overseas businesses are setting up in this energetic area on the fringe of Singapore CBD.

What's Nearby (Walking)

Trains

train icon
No data is currently available.

Buses

bus icon
Opp Mandarin Orchard2 mins
Somerset Stn6 mins

Airports

airport icon
Seletar (XSP)16.2 km
Singapore Changi (SIN)23.6 km

Bars

bar icon
JiBiru Yakitori & Craft Beer4 mins
徳 Toku ( Japanese Izakaya Sake Bar ) Singapore1 min

Cafes

cafe icon
Morozoff Singapore1 min
Mellower Coffee1 min

Taxis

taxi icon
A06 Taxi Stand (Cairnhill Nine)3 mins

Gyms

gym icon
UFIT Clinic Orchard3 mins

Let us do the hard work in finding your dream workspace.