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Operating cost  Skip portlet
Operating Costs

Office Rental

A wide range of business offices is available in Singapore . Rentals in the prime business districts are usually higher than those in the outskirts, as in any other city. Similarly, prime residential properties closer to the Central Business District (CBD) would cost much more.

Click here to find out more about current office rental prices in Singapore .

Industrial Space

Singapore has a wide range of industrial facilities ranging from prepared land to ready-built factories. There are multi-storeyed factories, technopreneur centres, incubator centres for start-ups, business parks and a science and technology hub. In addition, there are also specialised parks like Jurong Island, wafer fab parks, a biomedical park, an airport logistics park and food zones for industry clusters. All industrial facilities are fully serviced with quality finishes, innovative designs, functional layouts and easy access. Administered by JTC Corporation, you are sure to find a facility to suit your needs.

Prime Flatted Factory space will cost you about S$1.50 (US$0.85) to S$2.50 (US$1.40) per sq foot per month, and renovations S$30 to S$120 per sq foot, depending on the extent and quality of the furnishings.

Monthly Gross Rents for Industrial Space (Estimated Cost)

Average monthly gross rent (S$ per sq ft)

Type Floor

1Q 2004

1Q 2003

Prime Flatted Factory / Ground

1.46

1.79

Warehouse Upper

1.09

1.24

Hi-Tech Space Ground

1.80

2.15

Upper

1.65

1.99

Below are some companies and government authorities you can approach for more information on industrial space in Singapore.

JTC Corporation Singapore 's leading provider of industrial space solutions. They offer a wide range of industrial and business facilities tailored to suit all types of manufacturing and related operations.

Ascendas builds and manages science parks, business, high-tech and industrial parks in Singapore .

PWD Corporation develops and manages infrastructure and building facilities and is known its development of major Singapore landmarks, such as Changi Airport and the New Parliament House

Manpower

The average monthly earnings of an employee in Singapore in 2002 were S$3,213 with an annual growth rate of 1.7%. The following chart gives an estimate of the monthly wages across occupational lines:

Median Monthly Gross Wage (June 2003)

Range in S$
(Estimated Cost)

Managers

4,088 - 10,000

Professionals

3,000 - 5,010

Technicians/Associate Professionals

1,650 - 4,000

Clerical workers

1,613 - 3,300

Service & sales workers

1,289 - 2,863

Cleaners & labourers

800 - 1,636

For more details, do visit the http://www.business.gov.sg/EN/BusinessTopic/HiringNTraining/index.htm and the Singapore Ministry of Manpower website, which provides a comprehensive range of employment and wage-related information.

Utilities & Telecommunications

Useful information on common utilities such as electricity, water and gas as well as telecommunications charges can be found at the following websites:

Utilities:

Electricity - Singapore Power

Water - Public Utilities Board Singapore

Gas - CityGas Singapore

Telecommunications:

Singtel

Mobile One (M1)

Starhub

     Last reviewed 01 Mar 2010
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