Commercial Properties for Rent in Singapore

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Office for Rent around Somerset Road - Project Photos 0
Enquire on multiple listings at onceFaster enquiries
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20

  • S$ 29,337/mo
  • S$ 7.7 psf
    • 3,810 sqft
    • Office
NS 23
Somerset MRT · 2 mins (90m)
searchCentral Location
searchWell Connected Transport
searchOffice Space
searchFully Furnished
searchMove-In Ready
searchDirect MRT Access
search
Relevant tagsExplore similar homes
Agent for Office for Rent around Somerset Road

Listed 1 month ago by

Jeremy Lim

Recommendedrecommended agent
Shop / Shophouse for Rent around Geylang Road - Project Photos 0
image

20

  • S$ 9,000/mo
  • S$ 4.5 psf
    • 2,000 sqft
    • Shop / Shophouse
    • Built: 1992
EW 9
Aljunied MRT · 5 mins (325m)
searchGround Floor Shop
searchF&B Unit
searchRetail Unit
searchWell Connected Transport
searchVibrant Neighbourhood
searchOffice Space
searchRare Unit Available
searchMedical Unit
searchHeritage Façade
Agent for Shop / Shophouse for Rent around Geylang Roadpremium agent crown

Listed 1 month ago by

Xu Zhicheng (Alan Koh)

Shop / Shophouse for Rent in Kreta Ayer Conservation Area - Project Photos 0
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5

  • S$ 25,000/mo
  • S$ 9.55 psf
    • 2,618 sqft
    • Shop / Shophouse
TE 18
Maxwell MRT · 3 mins (193m)
searchNear MRT Station
searchCentral Location
searchImmediate Move-In
searchNear Shopping Centre
searchRare Unit Available
searchNear Bus Stop
searchNear Restaurants
searchNear Transport Hub
searchNear Expressway Exit
searchNear Hawker Centre
Agent for Shop / Shophouse for Rent in Kreta Ayer Conservation Areapremium agent crown

Listed 1 month ago by

Chin Wei Sei (Ally)

Other Retail for Rent in Tanjong Pagar Conservation Area - Project Photos 0
image

4

  • S$ 12,000/mo
  • S$ 6.94 psf
    • 1,730 sqft
    • Other Retail
EW 15
Tanjong Pagar MRT · 3 mins (204m)
searchRetail Unit
searchNear MRT Station
searchCentral Location
searchLight Industrial
searchWell Connected Transport
searchOffice Space
searchImmediate Move-In
searchNear Shopping Centre
searchNear Bus Stop
searchPartially Furnished
Agent for Other Retail for Rent in Tanjong Pagar Conservation Areapremium agent crown

Listed 1 month ago by

Chin Wei Sei (Ally)

Other Retail for Rent in Millage - Project Photos 0
image

3

  • S$ 1,600/mo
  • S$ 11.43 psf
    • 140 sqft
    • Other Retail
    • Built: 2016
EW 7
Eunos MRT · 7 mins (535m)
searchF&B Unit
searchRetail Unit
searchNear MRT Station
searchStreet Frontage
searchImmediate Move-In
searchAircon Installed
searchNear Primary School
searchNear Secondary School
searchHigh Walk Score
searchPartially Furnished
Agent for Other Retail for Rent in Millagepremium agent crown

Listed 1 month ago by

Alvin Tyh

Light Industrial (B1) for Rent in Travelite Building - Project Photos 0
image

11

floor-plan

1

  • S$ 63,000/mo
  • S$ 2.59 psf
NEGO
    • 24,300 sqft
    • Light Industrial (B1)
DT 27
Ubi MRT · 6 mins (476m)
searchWarehouse
searchHigh Ceiling Warehouse
searchLight Industrial
searchStorage Facility
searchLoading Bay
searchOffice Space
searchParking Onsite
searchHigh Power Supply
searchAir Conditioned Warehouse
searchCargo Lift Capacity
Agent for Light Industrial (B1) for Rent in Travelite Building

Listed 1 month ago by

Faith Quek

Recommendedrecommended agent
Light Industrial (B1) for Rent in TBC Building - Project Photos 0
image

8

  • S$ 906/mo
  • S$ 10.92 psf
    • 83 sqft
    • Light Industrial (B1)
searchWarehouse
searchLight Industrial
searchStorage Facility
searchImmediate Move-In
search24-Hour Access
searchShared Workspace
searchPantry Fitted
searchCovered Parking
searchCargo Lift
searchMeeting Room
Agent for Light Industrial (B1) for Rent in TBC Buildingpremium agent crown

Listed 1 month ago by

MinnaKoh

Office for Rent in Chin Swee View - Project Photos 0
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3

  • S$ 2,200/mo
  • S$ 3.14 psf
    • 700 sqft
    • Office
TE 16
Havelock MRT · 8 mins (601m)
searchGround Floor Shop
searchStreet Frontage
searchImmediate Availability
searchDirect Owner Listing
searchBare Unit
searchNear Hawker Centre
Agent for Office for Rent in Chin Swee View

Listed 1 month ago by

Kenneth Goh

Recommendedrecommended agent
Shop / Shophouse for Rent in Petain Road/Tyrwhitt Road Conservation Area - Project Photos 0
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3

  • S$ 7,800/mo
  • S$ 10.96 psf
    • 712 sqft
    • Shop / Shophouse
DT 23
Bendemeer MRT · 4 mins (293m)
searchGround Floor Shop
searchF&B Unit
searchCentral Location
searchStreet Frontage
searchWell Connected Transport
searchConvenient Location
searchCafe Space
Agent for Shop / Shophouse for Rent in Petain Road/Tyrwhitt Road Conservation Areapremium agent crown

Listed 1 month ago by

Audrey Wee

Food & Beverage for Rent in Zubir Said Drive - Project Photos 0
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5

  • S$ 12,650/mo
  • S$ 11.5 psf
    • 1,100 sqft
    • Food & Beverage
DT 21
Bencoolen MRT · 3 mins (164m)
searchNear MRT Station
searchCentral Location
searchWell Connected Transport
searchNear Shopping Centre
searchEfficient Layout
searchNear CBD
searchBright And Airy
searchNear University
searchNear Restaurants
searchHigh Walk Score
Agent for Food & Beverage for Rent in Zubir Said Drivepremium agent crown

Listed 1 month ago by

Audrey Wee

Food & Beverage for Rent around Tanjong Pagar Road - Project Photos 0
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4

  • S$ 6,800/mo
  • S$ 34.69 psf
    • 196 sqft
    • Food & Beverage
TE 18
Maxwell MRT · 2 mins (95m)
searchGround Floor Shop
searchHigh Tourist Footfall
searchKiosk
searchCoffee Shop Nearby
searchTakeaway Counter
Agent for Food & Beverage for Rent around Tanjong Pagar Roadpremium agent crown

Listed 1 month ago by

Audrey Wee

Light Industrial (B1) for Rent in Bukit Merah Central - Project Photos 0
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3

  • S$ 1,980/mo
  • S$ 3.3 psf
    • 600 sqft
    • Light Industrial (B1)
EW 18
Redhill MRT · 10 mins (749m)
searchNear MRT Station
searchLoading Bay
searchAircon Installed
searchNear CBD
searchNear Cte Expressway
searchPartially Furnished
searchNear Aye Expressway
searchCargo Lift
Agent for Light Industrial (B1) for Rent in Bukit Merah Centralpremium agent crown

Listed 1 month ago by

Audrey Wee

Medical Suite for Rent in Goldbell Tower - Project Photos 0
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4

  • S$ 9,490/mo
  • S$ 13 psf
    • 730 sqft
    • Medical Suite
DT 11NS 21
Newton MRT · 2 mins (100m)
searchOffice Space
searchFlexible Lease
searchMedical Unit
searchClinic Unit
searchEfficient Layout
searchRegular Layout
searchHealthcare
searchWellness
Agent for Medical Suite for Rent in Goldbell Towerpremium agent crown

Listed 1 month ago by

Audrey Wee

Shop / Shophouse for Rent in Clementi Avenue 2 Shopping Centre - Project Photos 0
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5

  • S$ 3,500/mo
  • S$ 11.67 psf
    • 300 sqft
    • Shop / Shophouse
CR 17EW 23
Clementi MRT · 9 mins (656m)
searchGround Floor Shop
searchPrime Location
searchRenovated Unit
searchHair & Beauty Salon
searchMature Estate
searchNear Market
searchNear Food Centre
searchBusiness Takeover
searchHigh Footfall
searchFully Fitted
Agent for Shop / Shophouse for Rent in Clementi Avenue 2 Shopping Centre

Listed 1 month ago by

Tjhai C. [TJ]

Recommendedrecommended agent
Other Retail for Rent in Sin Ming Plaza - Project Photos 0
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10

  • S$ 12,000/mo
  • S$ 5.6 psf
    • 2,143 sqft
    • Other Retail
TE 8
Upper Thomson MRT · 4 mins (313m)
searchWell Connected Transport
searchFitted Showroom
searchSin Ming Plaza
searchUpper Thomson Location
searchLarge Retail Space
searchReady To Use
searchExisting Renovation
searchStrong Catchment
searchFlexible Layout
Agent for Other Retail for Rent in Sin Ming Plazapremium agent crown

Listed 1 month ago by

Darryl Ng

Other Retail for Rent in Far East Plaza - Project Photos 0
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3

  • S$ 5,400/mo
  • S$ 11.39 psf
    • 474 sqft
    • Other Retail
    • Built: 1982
NS 22TE 14
Orchard MRT · 5 mins (352m)
searchF&B Unit
searchRetail Unit
searchNear MRT Station
searchFlexible Lease Terms
searchHigh Tourist Footfall
searchPrime Location
searchEstablished Mall
searchFully Fitted
searchNear Orchard Shopping Belt
Agent for Other Retail for Rent in Far East Plazapremium agent crown

Listed 1 month ago by

Darryl Ng

Other Retail for Rent in Far East Plaza - Project Photos 0
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4

  • S$ 49,000/mo
  • S$ 19.97 psf
    • 2,454 sqft
    • Other Retail
    • Built: 1982
NS 22TE 14
Orchard MRT · 5 mins (352m)
searchGround Floor Shop
searchF&B Unit
searchNear MRT Station
searchHigh Tourist Footfall
searchPrime Location
searchRare Unit Available
searchCafe Space
searchRestaurant Space
searchLarge Office
searchNear Orchard Shopping Belt
Agent for Other Retail for Rent in Far East Plazapremium agent crown

Listed 1 month ago by

Darryl Ng

Light Industrial (B1) for Rent in TBC Building - Project Photos 0
image

17

  • S$ 1,400/mo
  • S$ 7.78 psf
    • 180 sqft
    • Light Industrial (B1)
searchStorage Facility
search24-Hour Access
searchFlexible Lease
searchAircon Installed
searchCity Fringe Location
searchNear CBD
searchAffordable
searchHigh-Speed Wi-Fi
searchBusiness Park
searchMeeting Room
Agent for Light Industrial (B1) for Rent in TBC Buildingpremium agent crown

Listed 1 month ago by

Darryl Ng

Other Retail for Rent in Sin Ming Plaza - Project Photos 0
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4

  • S$ 7,000/mo
  • S$ 6.26 psf
    • 1,119 sqft
    • Other Retail
TE 8
Upper Thomson MRT · 4 mins (313m)
searchRetail Unit
searchNear MRT Station
searchCentral Location
searchFlexible Lease Terms
searchBeauty Salon
searchSpacious Layout
searchEstablished Commercial Location
searchBoutique Studio
searchEducational Centre
searchShowroom Unit
Agent for Other Retail for Rent in Sin Ming Plazapremium agent crown

Listed 1 month ago by

Darryl Ng

Other Retail for Rent in Macpherson Mall - Project Photos 0
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5

  • S$ 1,999/mo
  • S$ 8 psf
    • 250 sqft
    • Other Retail
DT 25
Mattar MRT · 9 mins (706m)
searchNear MRT Station
searchFully Furnished
searchGymnasium
searchCafe Space
searchMove-In Ready
searchCovered Parking
searchHigh Speed Wifi
search24-Hour Security
searchEnsuite Room
searchSwimming Pool
Agent for Other Retail for Rent in Macpherson Mall

Listed 1 month ago by

Desmond Tan

Recommendedrecommended agent
Shop / Shophouse for Rent in Tampines Mart - Project Photos 0
image

4

  • S$ 12,000/mo
  • S$ 13.94 psf
    • 861 sqft
    • Shop / Shophouse
DT 33
Tampines East MRT · 7 mins (555m)
searchGround Floor Shop
searchHigh Tourist Footfall
searchSpacious Layout
searchBare Unit
searchMall Retail Shop
searchEfficient Layout
Agent for Shop / Shophouse for Rent in Tampines Martpremium agent crown

Listed 1 month ago by

Shawn

Shop / Shophouse for Rent in Tampines Mart - Project Photos 0
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3

  • S$ 4,000/mo
  • S$ 19.8 psf
    • 202 sqft
    • Shop / Shophouse
DT 33
Tampines East MRT · 7 mins (555m)
Agent for Shop / Shophouse for Rent in Tampines Martpremium agent crown

Listed 1 month ago by

Shawn

Shop / Shophouse for Rent in Tampines Mart - Project Photos 0
image

3

  • S$ 12,500/mo
  • S$ 17.48 psf
    • 715 sqft
    • Shop / Shophouse
DT 33
Tampines East MRT · 7 mins (555m)
searchWell Connected Transport
searchVibrant Neighbourhood
searchNear Shopping Centre
searchEfficient Layout
searchNear Coffee Shop
searchHigh Walk Score
searchCentralised Location
searchNear Mall
Agent for Shop / Shophouse for Rent in Tampines Martpremium agent crown

Listed 1 month ago by

Shawn

Shop / Shophouse for Rent in Petain Road/Tyrwhitt Road Conservation Area - Project Photos 0
image

7

  • S$ 12,000/mo
  • S$ 9.23 psf
    • 1,300 sqft
    • Shop / Shophouse
DT 23
Bendemeer MRT · 5 mins (370m)
searchGround Floor Shop
searchF&B Unit
searchNear MRT Station
searchCentral Location
searchStreet Frontage
searchVibrant Neighbourhood
searchImmediate Move-In
searchRare Unit Available
Agent for Shop / Shophouse for Rent in Petain Road/Tyrwhitt Road Conservation Areapremium agent crown

Listed 1 month ago by

Alexis Chia

Light Industrial (B1) for Rent in Ark @ Gambas - Project Photos 0
READY TO MOVE
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8

  • S$ 1,200/mo
  • S$ 3.16 psf
STARTING PRICE
    • 380 sqft
    • Light Industrial (B1)
    • Fully fitted
NS 11
Sembawang MRT · 12 mins (930m)
searchNear MRT Station
searchHigh Ceiling Warehouse
searchFlexible Lease Terms
searchDirect Owner Listing
searchRare Unit Available
searchMezzanine Office
searchMultiple Entrances
searchGround Floor
searchAmple Parking
Agent for Light Industrial (B1) for Rent in Ark @ Gambaspremium agent crown

Listed 1 month ago by

Gary Lee

Light Industrial (B1) for Rent in Ubi Techpark - Project Photos 0
image

4

floor-plan

1

  • S$ 3,500/mo
  • S$ 3.18 psf
    • 1,100 sqft
    • Light Industrial (B1)
DT 27
Ubi MRT · 6 mins (456m)
searchWell Connected Transport
searchSpacious Layout
searchPrime Location
searchBright And Airy
searchB1 Industrial Office Space
Agent for Light Industrial (B1) for Rent in Ubi Techpark

Listed 1 month ago by

Pristine Lim

Recommendedrecommended agent
Light Industrial (B1) for Rent in North Link Building - Project Photos 0
image

5

  • S$ 6,800/mo
  • S$ 1.31 psf
    • 5,188 sqft
    • Light Industrial (B1)
searchIndustrial Unit
searchHigh Ceiling Warehouse
searchLight Industrial
searchMezzanine Office
searchWarehouse Racking Height
searchRoller Shutter Doors
searchRamp-Up
searchCargo Lift
Agent for Light Industrial (B1) for Rent in North Link Buildingpremium agent crown

Listed 1 month ago by

Jean Lim

Other Retail for Rent in Kim Keat Palm - Project Photos 0
image

3

  • S$ 4,300/mo
  • S$ 14.33 psf
    • 300 sqft
    • Other Retail
NS 19
Toa Payoh MRT · 14 mins (1074m)
searchRetail Unit
searchStreet Frontage
searchBeauty Salon
searchConvenient Location
searchTuition Centre
searchNear Wet Market
searchMedical Unit
searchCafe Space
searchTakeaway Counter
searchHigh Footfall
Agent for Other Retail for Rent in Kim Keat Palm

Listed 1 month ago by

Alvin Kwan

Recommendedrecommended agent
Other Retail for Rent in Furama Riverfront - Project Photos 0
image

5

floor-plan

1

  • S$ 105,705/mo
  • S$ 9 psf
    • 11,745 sqft
    • Other Retail
TE 16
Havelock MRT · 4 mins (309m)
searchNear MRT Station
searchCentral Location
searchImmediate Availability
searchBeauty Salon
searchNear Cte Expressway
searchSpa Unit
searchFitness Studio
searchEasy CBD Access
searchNear Clarke Quay
searchNear Aye Expressway
Agent for Other Retail for Rent in Furama Riverfrontpremium agent crown

Listed 1 month ago by

Zhen An Goh

Office for Rent in Hub Synergy Point - Project Photos 0
image

9

  • S$ 65,000/mo
  • S$ 8.99 psf
    • 7,233 sqft
    • Office
CC 32
Prince Edward MRT · 3 mins (234m)
searchNear MRT Station
searchCentral Location
searchWell Connected Transport
searchPrime Location
searchNew Listing
Agent for Office for Rent in Hub Synergy Pointpremium agent crown

Listed 1 month ago by

Jeremy Liew

Other Retail for Rent in Sim Lim Square - Project Photos 0
image

5

  • S$ 8,900/mo
  • S$ 4.94 psf
    • 1,800 sqft
    • Other Retail
DT 13
Rochor MRT · 2 mins (90m)
searchNear MRT Station
searchCentral Location
searchWell Connected Transport
searchNear Shopping Centre
searchHigh Floor
search99-year Leasehold
searchNear Bus Stop
searchNear Hawker Centre
Agent for Other Retail for Rent in Sim Lim Squarepremium agent crown

Listed 1 month ago by

Jeremy Liew

Office for Rent in Tradehub 21 - Project Photos 0
image

10

  • S$ 2,000/mo
  • S$ 3.45 psf
    • 580 sqft
    • Office
searchUtilities Included
searchWell Connected Transport
searchImmediate Availability
searchOffice Space
searchCity Fringe Location
searchPartial Fittings
Agent for Office for Rent in Tradehub 21premium agent crown

Listed 1 month ago by

AO

Shop / Shophouse for Rent in Crawford Court - Project Photos 0
image

4

  • S$ 2,900/mo
  • S$ 8.41 psf
    • 345 sqft
    • Shop / Shophouse
EW 11
Lavender MRT · 4 mins (264m)
Agent for Shop / Shophouse for Rent in Crawford Courtpremium agent crown

Listed 1 month ago by

卓 志鹏

Light Industrial (B1) for Rent in NTUC Fairprice Co-Operative - Project Photos 0
image

12

  • S$ 89,000/mo
  • S$ 2.23 psf
    • 39,910 sqft
    • Light Industrial (B1)
searchIndustrial Unit
searchWarehouse
searchHigh Ceiling Warehouse
searchLight Industrial
searchStorage Facility
searchLoading Bay
searchImmediate Availability
searchDrive-In Unit
searchFlexible Lease
searchLong Term Lease
Agent for Light Industrial (B1) for Rent in NTUC Fairprice Co-Operativepremium agent crown

Listed 1 month ago by

Steven Liu

Light Industrial (B1) for Rent in Northstar @ AMK - Project Photos 0
image

6

  • S$ 3,000/mo
  • S$ 2.31 psf
    • 1,300 sqft
    • Light Industrial (B1)
CR 9
Serangoon North MRT · 10 mins (734m)
searchHigh Ceiling Warehouse
searchImmediate Move-In
searchRare Unit Available
searchMove-In Ready
searchWell-Maintained
searchHigh Floor
searchBright And Airy
searchPrivate Toilet
searchCargo Lift
Agent for Light Industrial (B1) for Rent in Northstar @ AMKpremium agent crown

Listed 1 month ago by

Chris Tan

Office for Rent in International Plaza - Project Photos 0
image

7

  • S$ 5,300/mo
  • S$ 7.57 psf
    • 700 sqft
    • Office
    • Built: 1976
EW 15
Tanjong Pagar MRT · 1 mins (78m)
searchNear MRT Station
searchCentral Location
searchWell Connected Transport
searchImmediate Availability
searchOffice Space
searchNear CBD
searchHigh Floor
searchNear Bus Stop
searchPartially Furnished
searchPremium Office
Agent for Office for Rent in International Plazapremium agent crown

Listed 1 month ago by

g.selva Kumar

Commercial Property for Rent FAQs

99.co offers a comprehensive selection of commercial properties for rent across Singapore. These include office spaces in CBD and fringe locations, retail shops in malls or shophouses, industrial units like warehouses and factories, food and beverage (F&B) spaces, medical suites, business park units, and co-working spaces. Whether you’re a business owner looking to open a new outlet or a startup in need of flexible office space, you’ll find a wide range of options to suit different budgets and business needs.

There are currently over 14779 commercial properties available for rent on 99.co. These listings are updated regularly and are posted by licensed real estate agents and landlords across various districts in Singapore, so you’ll have no shortage of options to explore.

To search for commercial rentals on 99.co, simply head to the Commercial for Rent page. From there, you can use the search filters to narrow down your options by location, property type (such as office, retail, industrial), rental price range, floor size, tenure, furnishing, and availability. You can also sort your results by the most recent listings or by rental price. Each listing includes detailed information, high-quality photos, and in many cases, floor plans and virtual tours.

Most listings on 99.co are submitted by licensed property agents registered with Singapore’s Council for Estate Agencies (CEA). The platform runs various checks to ensure listings are genuine, including verifying the agents’ contact details against official databases.
Users can further refine their search to show only “Must See” listings – these meet strict quality standards and, when authenticated by 99.co, include an additional “Verified” stamp for added assurance.

Yes, foreigners and foreign-owned companies can generally rent commercial properties in Singapore. There are no major restrictions for leasing office, retail, industrial, or F&B spaces, as long as the intended use aligns with the URA zoning and the property's approved use. However, you may still need to register your business with ACRA or obtain permits from relevant government agencies depending on the nature of your business operations.

Yes, you can easily filter your search results based on tenancy status – whether the unit is currently tenanted or available for immediate occupancy. If you’re looking for a ready-to-move-in space, use the filter for ‘Tenanted’ or ‘Not tenanted’. This ensures you’re only viewing listings that meet your timeline.

Remote viewings are available for some commercial listings on 99.co, depending on the agent and the property's access arrangements. Many agents offer video walkthroughs, live virtual tours, or can send pre-recorded clips to help you get a better sense of the space before scheduling an in-person visit. You can contact the agent directly through the listing page to ask about remote viewing options or to request a virtual appointment if you’re unable to visit the unit physically.

Once you’ve found a listing you’re interested in, you can contact the agent directly through the listing page using the call, WhatsApp, or enquiry form options. Most agents will respond promptly to arrange a site visit and answer any questions you may have about the property. It’s a good idea to visit multiple properties before deciding, to compare options and better understand the market.

Before committing to a lease, consider your business requirements in terms of location, unit size, floor layout, accessibility, and proximity to amenities or transport nodes. You should also review the approved usage under URA zoning, available power supply, ceiling height, loading/unloading access, and whether renovations are allowed. It’s also important to understand the lease terms – such as the rental amount, security deposit, lease duration, renewal clauses, and who is responsible for maintenance and repairs.

Yes, beyond the monthly rental, tenants should budget for additional expenses such as Goods and Services Tax (GST) if the landlord is GST-registered, utilities (electricity, water, air-conditioning), MCST or maintenance fees, and insurance. For industrial spaces, there may also be service charges for facilities such as loading bays or security. It’s always advisable to clarify these costs upfront before signing a tenancy agreement.

Commercial leases in Singapore commonly range from 1 to 3 years, though some landlords may offer shorter or longer terms depending on the property and tenant profile. Longer leases often come with more favorable terms or renewal options, but tenants should evaluate whether the duration aligns with their business plans. Always review the lease agreement for break clauses or penalties for early termination.

Yes, rental prices for commercial properties are typically negotiable, especially if you’re committing to a longer lease or making other concessions like upfront payment or minor renovations. You can negotiate directly with the landlord or agent representing the property. Factors like market demand, current occupancy rates, and lease flexibility will also influence the final rental amount.

The standard security deposit in Singapore is usually equivalent to two to three months' rent, depending on the lease duration and tenant profile. For short-term leases or new businesses, landlords may ask for a higher deposit. This deposit is held for the duration of the lease and will be refunded at the end of the term, subject to the condition of the unit and any outstanding payments.

Early termination terms are outlined in the tenancy agreement. Some leases include a break clause that allows either party to terminate the lease after a certain period with prior notice, typically three to six months. However, in the absence of such a clause, ending the lease early may result in forfeiting the deposit or paying the remaining rental as liquidated damages. Always clarify this upfront before signing the lease.

Renovations are usually allowed, but only with the landlord’s written approval and in compliance with building guidelines. You may also need to obtain permits from relevant authorities depending on the extent of the renovation. It’s also common for tenants to reinstate the unit to its original condition at the end of the lease, so it’s important to factor reinstatement costs into your budget.