What factors should be considered when entering into a commercial leasing agreement?

When you enter into a commercial building leasing agreement, several factors must be considered. These include whether the permitted use of the property covers your business needs and if you’re able to alter the property for the purpose of your business. Other considerations include if the rent is fixed for the full term, as well as the options to renew or terminate.

How can businesses evaluate the suitability of a commercial property for their specific needs before entering into a lease agreement?

When leasing space, it all starts with defining your strategy, business needs and commercial objectives. Once these are in place, each potential premises can be evaluated in line with how it caters to these requirements now and in the future. Financial and logistical factors must be considered too. This is why it’s so important to collaborate with commercial leasing experts. At Cushman & Wakefield, we work with you to define your strategy and use our local and global experts to source and evaluate the right premises for your needs.

What trends or changes in the commercial real estate market should businesses be mindful of when seeking leasing advice?

When seeking commercial leasing advice, businesses need to be aware of the current market dynamics in their chosen location and across the globe, specifically how stable they are and the impact of interest rates. Technology is also a key factor – in office and retail, for example, businesses will need to evaluate whether their chosen premises can handle new technology requirements in the coming years. Other factors shaping the commercial real estate market right now include ESG considerations and the growth of prop-tech. By understanding these trends, businesses can make informed decisions, optimise their costs and seize growth opportunities.

How does the location of a commercial property impact its lease terms and overall suitability for a business?

Location plays a fundamental role in the suitability of commercial property for businesses. Take the example of a retail business: location is tied to potential success when it comes to visibility and foot traffic. It’s essential to be close to where big volumes of your customers spend their time. Being close to fast and efficient transport routes is crucial. Leasing commercial property in a desirable location will have a knock-on effect on the lease in terms of budget and length.

What advice do you have for businesses looking to lease commercial space in a competitive market?

At Cushman & Wakefield, we understand that every client’s business requirements and strategy are different. This means our approach towards each business case is highly customised. We deep dive into your organisation, listen carefully to your needs and develop a strong understanding of your objectives, long-term growth expectations, opportunities and risks. From this, we assess possible scenarios. With our knowledge of the market, we create the most effective strategy that will achieve optimal financial outcomes.

Services

Agency Leasing Services

Driving optimised leasing investments

Our Agency Leasing advisors go beyond filling spaces with tenants.

We deliver smart strategies, cutting-edge creativity and meticulous support to transform your properties into successful investments. Our agency leasing advisors go beyond filling spaces with tenants, we maximise asset awareness, stabilise occupancy and achieve optimal rents through strategic positioning and deep market knowledge of local conditions.

Successful leasing strategies stem from the shared vision of our leasing, research and creative teams working together. With Singapore's office market experiencing a flight to quality and supply constraints ahead, property owners need strategic partners who understand the nuances of tenant placement and rental optimisation.

DELIVERING RESULTS

transactions managed annually

professionals

$105

million transacted annually

412,452

sqm managed

^{*2024 Data}

What sets us apart

Optimising Lease Potential

We analyse your investment goals, optimal tenant mix, financing structure, and submarket conditions. Our team evaluates competitor positioning while identifying opportunities within a tightening supply pipeline, especially in CBD Grade A properties where vacancy pressures are easing.

In-Depth Market Awareness

Our creative specialists leverage technology and targeted engagement to maximise asset visibility. We understand current market dynamics, from tech and wealth management demand to the importance of fitted-out solutions that appeal to cost-conscious occupiers in the current environment.

Flawless Execution

Our tenant analysis and canvassing programmes incorporate real-time market trend tracking. We monitor URA data, shadow space levels, and emerging demand from key sectors to position your asset strategically within Singapore’s competitive landscape for superior tenant placement.

Support for Sustainability Goals

We support your ESG objectives through green lease structures and efficiency-driven clauses. Aligned with Singapore’s focus on BCA Green Mark certification, we help structure lease terms that meet tenant sustainability requirements and landlord environmental commitments.

Services

Integrated Services

Asset Services

Comprehensive property management solutions that increase asset value while ensuring tenant satisfaction through strategic operational improvements.

Learn more about our asset services

Project & Development

From concept to completion, we guide development projects with market intelligence and strategic positioning for optimal leasing outcomes.

Learn more about our project development

Specialisation

Industry Specialisations

Office

We leverage deep understanding of office market dynamics, from CBD Grade A positioning to decentralised locations. With supply tightening and demand emerging from wealth management and tech, we position your assets for optimal tenant attraction and retention.

Learn more about our office expertise

Industrial & Logistics

Our comprehensive understanding of logistics, manufacturing, and distribution strategies benefits the industrial sector. We connect property owners with quality industrial tenants, navigating zoning requirements and optimising lease structures for long-term stability and value.

Learn more about our industrial expertise

Retail

From Orchard Road to suburban centres, we understand the retail landscape. Our team capitalises on tourism recovery, changing consumer behaviour, and new brand entries to secure quality retail tenants and drive optimal rental growth for your assets.

Learn more about our retail expertise

Team

Jeryl Teoh

Senior Director
Singapore, Singapore

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Deyang Leong

Senior Director
Singapore, Singapore

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Research

Insights • Investment / Capital Markets

Risk Pathways in Focus: Short‑Term Volatility Meets Long‑Term Structural Change

This insight explores how investors can navigate near‑term geopolitical volatility while underwriting for long‑term structural change, where AI, demographics and asset selection—not market timing—will shape real estate performance over the next decade.

Gordon Marsden • 29/03/2026

Apac Living Policy Radar Web Page Card Image.jpg

Research • Investment / Capital Markets

Apac Living Sector Policy Radar

A focused overview of policy changes across Australia, Hong Kong, Japan, Singapore and South Korea, and how evolving regulations are reshaping opportunities and what this means for investors and developers.

10/12/2025

Article

JTC Q3 2025 Commentary

The overall industrial market remains resilient, with industrial rents and prices recording sustained moderate growth and tightening vacancy rates.

Xian Yang Wong • 24/10/2025

Insights • Sustainability / ESG

Boost Your Building's Energy Efficiency: Stay Ahead of Singapore's New MEI Regime

Singapore's new Mandatory Energy Improvement (MEI) regime is coming in Q3 2025. Is your building ready?

22/05/2025

Insights • Investment / Capital Markets

Shaun Poh: Growing Demand for Singapore Hospitality Assets

Singapore’s hospitality sector is thriving, offering resilient and flexible investment opportunities for those seeking stability and growth.

Shaun Poh • 16/05/2025

Insights • Investment / Capital Markets

James Young: Increasing Global Investor Appetite in Asia Pacific

Inter-regional investment in Asia Pacific (APAC), defined as capital from outside APAC, gained strong momentum in the second half of 2024, as global players began channeling their dry powder into the region.

28/04/2025

Insights • Investment / Capital Markets

Cushman & Wakefield Comments on URA real estate statistics for 3rd Quarter 2024

In the first three quarters of 2024, total private residential sales volumes recorded 14,517 units, or about 1.3% yoy fall compared to 14,710 units transacted over the same corresponding period in 2023.

25/10/2024

Insights

Cushman & Wakefield Comments for JTC Q3 2024 Data

While the overall industrial market remains healthy with a continued growth in rents, heightened tenant resistance amidst still high interest rates have led to a moderation in rental growth.

Brenda Ong • 24/10/2024

Article

URA Flash Estimates Q32024

Based on URA flash estimates, Singapore private residential property prices fell 1.1% qoq in Q3 2024, following past four consecutive quarters of increase.

Xian Yang Wong • 01/10/2024

Article

Cushman & Wakefield Comments on JTC Q2 2024 real estate statistics

The business park market remains a two-tier market, with city fringe business parks enjoying higher rents and occupancy compared to suburban business parks.

Xian Yang Wong • 26/07/2024

Article

Cushman & Wakefield Comments for URA Flash Estimates 2Q2024

Based on URA flash estimates, Singapore private home prices continue to rise, up by 1.1% qoq in Q1 2024, despite slowing volumes.

Xian Yang Wong • 01/07/2024

Insights • Investment / Capital Markets

Singapore Cold Chain Market

Singapore’s cold chain market offers an attractive long-term investment with steadily growing rents underpinned by limited supply due to high barriers of entry.

09/05/2024

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Frequently Asked Questions

Our comprehensive agency leasing services encompass strategic positioning, tenant sourcing and screening, lease negotiation, marketing execution, and ongoing tenant relationship management. We handle everything from initial market analysis and competitive positioning to lease documentation and post-occupancy support, ensuring optimal returns throughout the leasing lifecycle.

We leverage deep market intelligence including URA data trends, supply pipeline analysis, and tenant demand patterns to position your asset competitively. Our approach includes strategic pricing based on comparable properties, targeted marketing to quality tenant prospects, and lease structuring that appeals to Singapore’s discerning occupier base while maximising landlord returns.

Key considerations include current vacancy rates (5.8% for CBD Grade A), rental growth trends, tenant flight-to-quality preferences, and supply constraints ahead. We analyse submarket dynamics, from Marina Bay’s premium positioning to Raffles Place opportunities, while considering tenant preferences for fitted-out solutions and sustainability features aligned with green building initiatives.

Our strategic approach focuses on tenant diversification, lease term optimisation, and proactive renewal management to ensure stable cash flows. We analyse tenant creditworthiness, structure escalation clauses appropriate for local market conditions, and implement retention strategies that minimise vacancy periods while supporting rental growth over time.

Green leasing incorporates sustainability clauses that align with Singapore’s BCA Green Mark standards and environmental objectives. These lease structures include energy efficiency targets, waste reduction commitments, and sustainable operation practices. We help landlords structure green lease terms that attract environmentally conscious tenants while supporting ESG goals and potentially commanding premium rents for certified sustainable buildings.

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Marketing

Agency Leasing Services

Our Agency Leasing advisors go beyond filling spaces with tenants.

DELIVERING RESULTS

What sets us apart

Optimising Lease Potential

In-Depth Market Awareness

Flawless Execution

Support for Sustainability Goals

Services

Integrated Services

Asset Services

Project & Development

Specialisation

Industry Specialisations

Office

Industrial & Logistics

Retail

Team

Research

Insights • Investment / Capital Markets

Research • Investment / Capital Markets

Article

Insights • Sustainability / ESG

Insights • Investment / Capital Markets

Insights • Investment / Capital Markets

Insights • Investment / Capital Markets

Insights

Article

Article

Article

Insights • Investment / Capital Markets

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Frequently Asked Questions

What services are included in agency leasing for commercial properties in Singapore?

How can a leasing agent help position assets to attract quality tenants in Singapore's market?

What factors should landlords consider when leasing office space in Singapore's CBD?

How can agency leasing support portfolio growth and long-term income stability?

What is green leasing and how can it enhance sustainability outcomes for landlords in Singapore?

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