Category: Market updates
Workspace at Keppel Towers – Flexible Office Arrangement
October 26, 2015
Amidst rising rental cost of office space in the Central Business District, startups and offshore companies looking to establish their presence in Singapore could look to shared offices – serviced offices and co-working spaces as ideal platforms to jumpstart their operations in a competitive market. Keppel Land is no stranger to the office market; Keppel REIT’s portfolio […]
Test-fitting Office Space with Irregular Layout
August 25, 2015
During the process of viewing and selecting leasing options, there are bound to be instances where clients think favorably of the location of the office building but were shown units of office space with irregular layout. The dilemma was often compounded by the fact the unit has superb, unblocked panoramic views of important skyscrapers or […]
Open Office – Debunking its Myth about Productivity
July 27, 2015
The open office concept originally started by a team from Hamburg, Germany in the 1950s, in the bid to improve communication and flow of ideas in the workplace. Removing all ‘barriers’ between employees and their bosses was somewhat thought about as a strategy to increase productivity and team work, i.e. the bosses now have direct […]
Capitol Piazza – Old Historical Site with a New Life
July 16, 2015
Capitol Piazza, part of Capitol Singapore opens its doors officially to the public in May 2015 after some extensive refurbishment/redevelopment since the site was acquired by Perennial Real Estate Holdings and Chesham Properties Pte Ltd in October 2010. The 1.43 ha site will yield a Gross Floor Area (GFA) of 552,016 sqft of which 25% has been […]
Mapletree Business City – Premium Office-Grade Space in Business Park
July 8, 2015
Mapletree Business City (MBC) converted some 13.5 hectares of land in the former Alexandra Distripark into a world class business park in two stages: the first stage of MBC with 3 buildings MBC10, MBC20(MBC20E and MBC20W) and MBC30 was completed in April 2010 and linked to the rejuvenated 3-storey retail Podium (total 89,000 sqft of […]
Are You Being Treated Fairly by Landlords? Fair Tenancy Framework
June 25, 2015
The Singapore Business Federation(SBF) published the Fair Tenancy Framework on the 20 January 2015 with the intention of leveling the playing field between landlords and tenants in small, medium enterprises in the commercial, industrial, retail and F&B activities. With a clear set of leasing guidelines and negotiation principles, tenants of small medium enterprises (SMEs) are […]
Asia Square Tower 1 on sale – Sign of Grade A Office Rent Peaking?
June 9, 2015
Asset Management Blackrock has put Asia Square Tower 1 on the market for sale. The Grade A office building has a net lettable area of approximately 1.2 million square feet of office space and about 40,000 square feet of retail space on its ground and first level. The iconic office building, located in the New […]
Is your business suited for a business park?
June 3, 2015
Business parks play an important role in Singapore’s economy. Here’s some useful knowledge and information about business parks that could help you decide if your business is suitable to be located at one. What is a business park? When Singapore went through a period of rapid industrialization in the 70s and 80s, more companies adopted […]
The Perils of investing in Strata-Titled Offices
May 28, 2015
Investing in the commercial office market does seem to be lucrative at face value. But objectively, is that really the case? Strata-titled offices – office units on individual titles on various tenures are sold to investors/occupiers – have become a popular trend in Singapore. Property investors, both local and overseas, rode the wave of investing in […]
High Speed Rail – Jurong Lake District
May 19, 2015
The Kuala Lumpur-Singapore high speed rail terminus will be located in Jurong East, on land currently occupied by Jurong Country Club. The 67-ha of land will be acquired by the State under the Land Acquisition Act as stipulated by law. As of 12 February 2007, the State will compensate the landowner based on what a […]