Parking and Reinstatement: What Tenants Should Know

The First Question Tenants Ask

When tenants walk into a CBD office space, the first question almost always lands the same way:

“Is there free parking here?”

I completely understand why they ask — when you’re planning a move, every dollar matters. But here’s the truth behind the scenes that most people never get to hear.

Parking in the CBD

In the CBD, parking is usually managed by MCSTs or private car-park operators.

Even the landlords including those who own units in the building have to pay the same parking fees.
So the system is designed to stay fair and consistent for everyone.

The Second Big Question

And then comes the second big question:

“Will the landlord waive reinstatement at the end of the lease?”

Let me share a story I often tell.

Why Reinstatement Exists

Imagine you walk into a space beautifully renovated by the previous tenant warm lighting, stylish meeting rooms, polished floors.

You may love it… Or you may think, “This isn’t really my style.

Now imagine the next tenant after you. They may love your design… Or they may feel exactly the same way.

Because taste is subjective, major landlords learnt something over the years:
To keep things simple and avoid endless disputes, leases include reinstatement by default.

Bring the unit back to its original condition, so every new tenant starts on a clean slate.

When Landlords Show Flexibility

But here’s the part tenants often don’t expect and where the story gets hopeful. Over the years, I’ve seen many well-maintained fitted units get taken up very quickly.

When a tenant cares for the space and treats it well, the incoming tenant often chooses to keep the layout. And when that happens, landlords can be more flexible

Insider Tip: Save on Reinstatement

One more insider tip:
If you don’t intend to renew, start marketing the unit early. This gives the next tenant time to consider taking over your fit-out, which can save you a significant amount on reinstatement costs

A Shared Timeline

So when you look at a space, you’re not just seeing floors and walls you’re stepping into a shared timeline, one that can work for you with the right planning.

Have a question? Contact us today!

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About the author

Amy Aw, Senior Marketing Director (R002731Z)

Building long term relationship through office space.

About Us

Having been in the commercial property market for more than 15 years, we specialize in office space for lease for commercial offices and conservation shophouses. We focus on delivering results, providing the best negotiating terms, and providing quality search for your next property rental.

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