The headline rent is only part of the occupancy budget. Build a fuller cost picture before choosing between buildings and office conditions.
Usually quoted per square foot per month. Confirm whether the quoted figure is gross or whether any service charge is separately stated.
Check the applicable GST treatment and whether quoted figures are before GST.
Often expressed as months of rent and influenced by lease term, credit profile and negotiated terms.
Design, partitions, ceiling, flooring, M&E, furniture, data, AV, professional fees and approvals.
Utilities, after-hours air-conditioning, internet, cleaning, maintenance, parking and office services.
Allow for dismantling, repair and reinstatement obligations at lease expiry.
Exit cost guide →A well-fitted office with the right room count and furniture may have a higher monthly rent but save a substantial upfront fit-out budget. Compare the lease-period total, not just the first-month rent.