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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
13 months
Available from
15 Oct 2026
Landlord consent
Landlord has already agreed
Reinstatement at lease end is the new tenant's cost.
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 13 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 13 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.