Maintenance and Service Charge

Already included in the gross rent, this provision is for services such as air-conditioning during office hours and management and maintenance of common areas.

The charge varies from building to building and it is between S$0.50 to S$1.20 per sq ft per month. It generally covers the following:

The exact figure is specified in the lease but can change during the lease term. At such, there would be a clause in the agreement allowing Landlord to recover from tenant any increase of the service charge.

Property Tax

Landlord is responsible to pay property tax. Presently, 10% of the annual assessed value is taxable and payable half yearly in advance.

There is usually a provision in the tenancy agreement to allow landlord to recover from tenant any increase in property tax attributable to the premises, which may be levied by Inland Revenue Authority of Singapore during the lease term.