Late handback cost calculator
Work out what each day past the handback date costs you, and the day on which a cheaper reinstatement quote stops being cheaper.
Cost of handing back late
How this works. Daily cost = monthly rent x holding-over multiple x 12 / 365, plus any rent already running on the new premises. It leaves out deposit deductions, damages a landlord may claim for losses beyond the holding-over charge, staff and moving costs, so the real figure is usually higher. Your lease and the landlord's handback guidelines decide the actual terms.
Read more: The True Cost of a Late Handback: Holding Over, Double Rent and Mesne Profits in Singapore. Office Reinstatement in Singapore: The Complete Guide to Commercial Handback. Cheapest Quote vs Delay Risk: The Economics of Choosing a Contractor in Singapore.