Officesublets
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What is office Sublet?
An Office Sublease or Sublet is created when the main tenant grants a sub-lease agreement to a 3rd or even 4th party, generally referred as the sub-tenant ( s) This is generally done with the Landlord’s approval.
It normally happens when occupiers trying to assign and sublet the space that they have leased to ease their rental burden. It typically happens during economical downtime when excess offce space which is also known as shadow office space increase.
Who and Why use Office Sublet?
As businesses cut overhead costs, subleased office space looks increasingly more attractive and a often used option among businesses when they explore relocation alternatives.
This option is not only usually taken up by startups which need a space fast and in a fuss free manner , but also mid sized or large corporates that need interim space that they can customize themselves to suit their business operations. Unlike in serviced offices and business centres where customization options are pretty limited.
Your neighbours or tenants in the same building or vicinity very often end up as the sub-tenant for most office sublease cases as they explore additional space for expansion or additional projects that may require extra manpower in the eventual spill over.
Office Sublets Pros & Cons
Explore a range of Serviced
Industrious – Coworking Space at Keppel South Central, Singapore
10 Hoe Chiang Road, Singapore 089315
- 24-Hour Access
- Air Conditioning
- Business Lounge
- Car Parking
- CCTV Security
- Cleaning services
- +6 More
From $850 per pax/month
The Executive Centre – Serviced Offices & Coworking Space at IOI Central Boulevard Towers, Marina Bay Singapore
Level 32 & 40, IOI Central Boulevard Towers, 2 Central Blvd, Singapore 018916
- 24-Hour Access
- Admin Support
- Air Conditioning
- AV Equipment
- Business Lounge
- Mail collection
- +11 More
From SGD 1,200 per pax/month
Arcc Spaces – Serviced Offices & Coworking Space at Bank of Singapore Centre, Singapore
Level 5-7, Bank of Singapore Centre, 63 Market Street, Singapore 048492
- 24-Hour Access
- Air Conditioning
- Business Lounge
- Car Parking
- CCTV Security
- Cleaning services
- +6 More
From SGD 900 per pax/month
Enterprise Office Suites at Suntec Tower 2, Singapore
9 Temasek Boulevard, Suntec Tower 2, Singapore 038989
- 24-Hour Access
- Air Conditioning
- Car Parking
- CCTV Security
- Restrooms
From SGD 16,000 per month
Industrious – Coworking Space at Shaw Tower, Singapore
100 Beach Road, Singapore 189702
- 24-Hour Access
- Air Conditioning
- Business Lounge
- Car Parking
- CCTV Security
- Cleaning services
- +6 More
From $900 per pax/month
The Work Project – Serviced Offices & Coworking Space at CapitaSpring, Singapore
88 Market Street, Levels 40, 39 & 21, CapitaSpring, Singapore 048948
- 24-Hour Access
- Air Conditioning
- Business Lounge
- Car Parking
- CCTV Security
- Cleaning services
- +6 More
From SGD 1,000 per pax/month
