.jpeg)
Office for Lease Assignment, 3 Phillip Street (Royal Group Building)
OfficeD01 Boat Quay / Raffles Place / Marina3 Phillip Street, Royal Group Building, Singapore 048693
Takeover fee
S$5,000
Includes the fit-out and furniture.
Monthly rent
S$11,628
Rent psf
S$9.00
Lease remaining
12 months
Available from
15 Oct 2026
Landlord consent
Landlord has already agreed
Reinstatement at lease end is the new tenant's cost.
Takeover fact sheet
Everything a buyer asks before a viewing, as the seller gave it.
Landlord has agreed
Lease
- Lease end
- Nov 2027, 12 months left
- Monthly rent
- S$11,628
- Permitted use
- Office space
- Reinstatement at end
- Required at the end of the lease
- Landlord consent
- Landlord has already agreed
Premises
- Size
- 1,292 sqft
What's included
- What stays
- Renovation cost $15,000.00 Office insurance (05/01/2026-04/01/2027) Fire insurance (05/02/2026-04/02/2027) Furniture (est total cost $9,000-$10,000 – Condition most of them like new (never been used) Below is list of furniture that laying in the unit. Finger scan*1 workstation *7 Table bar*1 Sofa *2 Conference table *1 Chair*13 Blinds ---- Printer 12-month contract ends 30 Jan 2027 (KONICA MINOLTA C300I) $60/month ---- Starhub Internet 24-month contract
Checked by Listings.sg
- Business is live with ACRA (UEN check)Not yet
- Lease copy sighted by Listings.sgNot yet
- Landlord consent letterNot yet
About this listing
A office at 3 Phillip Street, Royal Group Building in D01 Boat Quay / Raffles Place / Marina is available for lease assignment. The takeover fee is S$5,000, which includes the fit-out and furniture. The unit is 1,292 sqft. The rent is S$11,628 a month, on a lease that runs to November 2027. That leaves 12 months for the new tenant. Reinstatement at the end of the lease is the new tenant's cost. Taking over a lease assignment means taking on the remaining lease and whatever fit-out is left, without buying the business that traded there. Landlord consent is normally required.
Questions about this assignment
- Does the landlord need to consent to this assignment?
- Yes, a lease assignment needs the landlord's agreement, and for this space the seller says it has already been obtained.
- What happens at the end of the lease?
- The current lease runs to November 2027, about 12 months from the move-in date. Ask whether the landlord will renew. Reinstatement is required, so returning the unit to its original condition at the end of the lease is the new tenant's cost.
- What is the takeover fee?
- S$5,000, which includes the fit-out and furniture that stay.
