What is the typical security deposit required for an industrial leases?
For most industrial leases in Singapore, the standard security deposit can be 3 to 6 months of gross rent, depending on the tenant’s paid-up capital and the landlord’s assessment .
For startups or firms with lower paid-up capital, landlords may request one or more of the following:
- A 6-month deposit.
- A Personal Guarantee from the directors.
- A Banker’s Guarantee in lieu of cash.
