Most of the information can be found in our OCA-website or Gebiz (www.gebiz.sg) for tender for café, restaurant and kiosk spaces. For canteen stalls, advertisements will be published in The Straits Times and Lianhe Zaobao.
All interested parties have to submit their proposals through the tender system before the closing date and time. The tender document can be downloaded from Gebiz (www.gebiz.sg) - NUS-Space-Tender
No, bids and offer must be submitted through the tender system.
As it is by tender, the monthly rent is not dictated. All prospects have to calculate their own business risk and cost and propose a rent that is feasible and sustainable for their business.
The main evaluation criteria are business concept, food pricing, experience and capital investment cost.
Typically, a rent-free fit-out period of 1 month is given.
It is usually 3 years with an option to renew for another 3 years.
Yes, the tender deposit will be refunded within 4-6 weeks after the award of tender.
Security Deposit, Fit-out Deposit and Reinstatement Deposit will be collected. All these deposits will be refunded free of interest upon expiry of your lease.
Utilities (electricity, aircon and water) will be charged separately, in addition to the monthly rental.