How Much Does Forklift Rental Cost in Singapore? 2025 Pricing Guide

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If you're managing a warehouse, construction site, or logistics operation in Singapore, renting a forklift can be a cost-effective solution. Forklift rental services in Singapore offer flexibility, reduced maintenance costs, and access to the latest models.
But how much does it cost to rent a forklift in 2025? This guide breaks down the pricing for electric forklift rental Singapore and other types, helping you make an informed decision.
Factors Affecting Forklift Rental Costs in Singapore
Several factors influence forklift rental price Singapore, including:
Type of Forklift – Electric, diesel, or LPG forklifts have different rental rates.
Load Capacity – Heavier-duty forklifts cost more to rent.
Rental Duration – Short-term rentals may have higher daily rates than long-term contracts.
Additional Features – Attachments like clamps or extendable forks increase costs.
Brand & Condition – Newer or premium-brand forklifts may have higher forklift hire rates.
Average Forklift Rental Prices in Singapore (2025)
Here’s an estimated breakdown of forklift rental services costs in Singapore for 2025:
1. Electric Forklift Rent Prices
1-3 Ton Electric Forklift: $800 – $1,500 per month
3-5 Ton Electric Forklift: $1,200 – $2,000 per month
Daily Rental (Electric): $150 – $300 per day
Electric forklift rental Singapore is popular due to its eco-friendliness and lower noise levels, making it ideal for indoor warehouses.
2. Diesel Forklift Rental Prices
3-5 Ton Diesel Forklift: $1,000 – $1,800 per month
5-10 Ton Diesel Forklift: $1,500 – $2,500 per month
Daily Rental (Diesel): $200 – $400 per day
Diesel forklifts are more powerful and suitable for outdoor construction sites.
3. LPG Forklift Rental Prices
2-3.5 Ton LPG Forklift: $900 – $1,600 per month
Daily Rental (LPG): $180 – $350 per day
LPG forklifts offer a balance between electric and diesel, with moderate emissions and power.
Short-Term vs. Long-Term Forklift Rental Singapore
Short-Term Rentals (Daily/Weekly) – Best for temporary projects. Expect higher daily rates.
Long-Term Rentals (Monthly/Yearly) – More cost-effective with discounts for extended contracts.
Additional Costs to Consider
Transportation Fees – Delivery and pickup charges may apply.
Operator Costs – Some companies include an operator for an extra fee.
Maintenance & Repairs – Check if servicing is included in the rental agreement.
Insurance – Some providers include insurance, while others charge separately.
Where to Find the Best Forklift Rental Services in Singapore
Several providers offer forklift rental price Singapore with competitive pricing:
Local Equipment Rental Companies – Offer personalized service and flexible terms.
International Rental Firms – Provide well-maintained, high-quality forklifts.
Online Rental Platforms – Allow easy comparison of forklift hire rates.
Tips for Choosing the Right Forklift Rental
Compare Multiple Quotes – Get pricing from at least 3 providers.
Check Forklift Condition – Inspect for wear and tear before renting.
Read Rental Terms Carefully – Understand penalties for late returns or damages.
Opt for Reputable Providers – Choose companies with good reviews and reliable service.
Conclusion
The cost of forklift rental services in Singapore depends on forklift type, duration, and additional features. Electric forklift rent options are ideal for indoor use, while diesel and LPG models suit heavy-duty outdoor tasks. By comparing forklift rental price Singapore and understanding your needs, you can secure the best deal for your business in 2025.
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Written by

Paves
Paves
Paves Asia Pacific offers Forklifts, Aisle Masters, Equipment Rental & Road Maintenance services in Singapore. Call +65 6570 8091 for equipment rentals and support.