HSBC Singapore has announced that it will be relocating its head office to Marina Bay Financial Centre (MBFC) Tower 2 from its current premises at HSBC Building, This is to accommodate the company’s rapid growth plans. HSBC Singapore will occupy about 140,000 sq ft over the top floors of the 50-storey building. Fit-out work is expected to start in the second half of 2019, with target occupation by...
When job search engine Indeed opened a product development centre in Singapore at the start of this year with just one staff member, it decided to secure co-working space for up to 15 people. In June, it upgraded to a office suite for up to 50 people, and by November, it is looking to move to an even bigger dedicated office space for 150 staff — all within the co-working space at WeWork’s Beach...
Marketing agent CBRE is launching the tender sale of 87 and 88 Amoy Street, a pair of two adjoining prime 4-storey conservation shophouses in the heart of the CBD. Both 87 and 88 Amoy Street have a combined land area of approximately 5,375 square feet, and a total gross floor area of approximately 14,641 square feet. The site is zoned for commercial usage under the Chinatown (Telok Ayer) Conservation...
Keppel Land in collaboration with the Building and Construction Authority of Singapore (BCA), will be incorporating five new and emerging energy efficient technologies in Keppel Bay Tower, where the headquarters of Keppel Corporation is based. The five technologies that will be piloted at Keppel Bay Tower include a high efficiency air distribution system, a revolutionary cooling tower water management...
HubSpot - a software products developer has opened an additional office at Mapletree Anson in the central business district as it expands its footprint. With its APAC headquarters already based here, HubSpot now plans to create about 100 new jobs in Singapore by 2021, covering areas such as sales, marketing, services, and support. This comes after the company announced the creation of 150 jobs when it...
A freehold cluster of three adjoining conservation shophouses located right in the heart of the historic and vibrant district of Chinatown at Smith Street has been launched for sale via public tender. Sited within the popular street block bordered by New Bridge Road, Temple Street, Trengganu Street and Smith Street, the corner plot is conveniently located within 2 to 5-minutes’ walk from the Chinatown...
Property developer CapitaLand on Monday said that it has agreed to sell to CapitaLand Mall Trust (CMT) its 70 per cent stake in Westgate – the retail component of an integrated retail and office development in Jurong - for S$789.6 million. This values a full 100 per cent stake in the development at S$1.128 billion, and translates to S$2,746 per square foot (psf). The sale will generate for...
Last September, WeWork made a show of trying to poach customers from rival co-working companies during the slower months of late summer and early autumn. Employees of the co-working giant cold-called competitors' tenants, set up games and couches outside of other shared-office spaces and offered up to a year's free rent if they switched over. This year, WeWork is enlisting another party in the...
A conservation shophouse in Boon Tat Street has been put up for sale via an expression of interest exercise with price expectations of around $17 million. The shophouse in the Telok Ayer Conservation Area has permanent food and beverage (F&B) approvals granted for both floors, and houses the Michelin-starred restaurant Cheek by Jowl. The 999-year leasehold site has a land area of 1,759 sq ft and the...
A freehold commercial corner development site with a 40-metre wide dual frontage along Serangoon Road and Petain Road has just been launched for sale via an Expression of Interest (EOI) exercise by exclusive marketing agent, JLL. The corner development site consist of 450 Serangoon Road and 452 Serangoon Road. The site occupies a prominent corner location with a combined land area of 4,984 sf....
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