Do I need to pay any deposit when renting an office in Singapore?

Yes, depending on the duration of the lease, the deposit typically amounts to 1 month’s rent for a 1-year lease, 2 months’ rent for a 2-year lease and so on. However, these are merely market standards and not a regulation to abide by. Other factors will include the rarity of the premise, agreed rent, types of renovation/fixtures provided in the premises.