Due to heavy demands, Singapore office spaces are always at a premium and you may be in trouble if you wait too long before renewing your existing lease agreement or finding a new one when your lease is about to expire. Normally it would be a safe practice to go for a new lease before three to four months of expiry of your current lease. 

Sometimes at the initiation of the lease agreement, the landlord may demand higher deposits compared to the normal practice of 3 month’s net plus one month’s gross rental. For example, when the paid up capital of your company is found to be less than the total gross rental for a period of six months, the landlord may ask for six months advance for Singapore office rental deposits. The landlord may adopt the same strategy if your company is newly set up.  

To enjoy full benefits of your Singapore office lease agreement, you should learn certain basic things about it. There is a rent-free or fitting out period. The landlord will allow you to take over the newly rented office space without imposing any charges for renovation earlier than the specified date. However, such rent free period is not too long and normally it would be one month and for smaller units it could be even less at around 2-3 weeks only.