There are various industrial areas in Singapore and there is also Tuas which is in the western region of Singapore where many industrialists are located at and there are also some that will have to move to Tuas in the near future.
Let’s have a closer look at some of the advantages of deciding to be in the Tuas.
Attractive Rental Rates
By choosing to be in Tuas, rental rates tend to be more attractive as compared to areas closer to the central region. Depending on the specifications required, rental rates may vary but are usually under two dollars in terms of per square feet rate. The rates would also depend very much on the specifications of the premises.
Parking May Not Be Chargeable
Ramp Up with Wider Driveways
Close Proximity to Tuas Mega Port
As we all know, the ports will sooner or later be consolidated and moved to Tuas South. Hence, it may be a strategic location to be in especially if your company deals with lots of imports and exports or if most of your customers are already in Tuas or will be in Tuas pretty soon.
While moving may require a change, it is important to weigh the costs and benefits especially when we know that the ports will sooner or later be consolidated in Tuas mega port as already announced previously. You may consider this option and if it makes business sense for you and your company in the long run.