hdb commercial rental 390 23

HDB business rentals differ extensively by area, size, and trade. The HDB Place2Lease System could be the official supply for bidding on offered units, with the latest tenders displaying a wide range of thriving bids, for example S$1,300 for an 84sqm space in Bukit Merah and S$2,800 for just a 39sqm unit in Woodlands. Rental fees within the open up marketplace also fluctuate, with a few website listings demonstrating per-sq.-foot price ranges from as low as S£4.00 PSF in Woodlands to over S$20.00 PSF for key places in Marine Parade and Yishun. Areas with superior foot targeted traffic, such as Toa Payoh Central, Bukit Batok East Avenue, and Ang Mo Kio Avenue, usually command better rental fees. HDB has also presented details showing that common rents for File&B, professional medical facilities, and crucial expert services in HDB estates are considerably below private rentals. Tenants also can lease out aspect in their models with HDB's acceptance, subject matter to trade and occupancy restrictions.

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