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Why rent a temporary retail space in Singapore? 

Singapore retail spaces are perfect for any type of sales event. The city is very social media friendly and has a bustling retail sector in various shopping centres, providing your brand with a great opportunity to promote online sales and open a temporary storefront in a prime retail space. 

 Singapore crowds are eager to shop and love the opportunity to engage with new products. Space to rent in Singapore tend to be flexible in both size and length of lease depending on whether you require it for a day, week or months.  If you are looking for a studio space, warehouse or storefront, Singapore can offer it all for a reasonable cost. There is temporary retail space for rent in Singapore that can meet almost every need imaginable. 

What is a retail space?

Retail space entails any area that you can promote or sell items and services for a specific period of time. It could be for a day, a few weeks or months. Temporary retail space means you are not locked into a long lease and you have flexibility on rental terms. This space is designed to let a retailer connect with potential customers to increase sales and income. 

How much does a retail space cost to rent in Singapore?

Shop space for rent in Singapore varies when it comes to cost. It can range anywhere from 80SGD to 8500SGD, with an average of around 1300. This pricing may include per foot price as well as how much something may cost per day or month. The cost of retail commercial property for rent in Singapore can also be affected amenities, location and staffing. While there is no set costing formula, comparable venues should make assessing cost easier if you ask for pricing in the same format. 

Things to consider when choosing a retail space in Singapore?

• Cost is one of the most important considerations when looking for commercial space to rent in Singapore. Having a budget and then getting venue pricing can help determine the space size as well as how long you can afford to keep it.
• Location is important when it comes to any type of retail venture. Understanding whether the business requires a high foot traffic area or somewhere for a one-off sales event makes a difference when scouting locations. Different types of retail sales need different retail space in Singapore. A one-day event may require a large space to accommodate customers, whereas a pop-up shop or an ongoing retail area may need a smaller storefront that is on a busy street. 
• Legalities may seem basic but in reality, they are important. If the lease is complex, then you may want to consider having a lawyer take a look at it. Understanding both yours and the landlord's obligations along with termination conditions is critical so you aren’t hit with unexpected costs, penalties, or expenses. 
• Be mindful of the area you are leasing. Take a look at the neighbourhood as well as the street and traffic. Does it suit your needs and is it a safe place to do business? Cheap is good, but you don’t want it so inexpensive that it doesn’t meet your retail needs.