The Business Times
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Business parks

Property

CapitaLand chalks up over 80% occupancy for Geneo cluster at Science Park; rents meet expectations

Apart from its Changi Business Park offices (above), StanChart has a city headquarters at Marina Bay Financial Centre.
Property
SINGAPORE PROPERTY

Standard Chartered to sell and lease back two Changi Business Park properties for S$183 million

UI Boustead Reit comprises 23 properties in Singapore and Japan, with a portfolio valued at S$1.9 billion.
Companies & Markets

UI Boustead Reit launches S$1.2 billion IPO at S$0.88 per unit

House+ Bubble’s facilities include a women’s hot spring pool, with adjustable water temperatures.
Property

Chinese wellness operator House+ Bubble opens 24-hour spa complex in Perennial Business City

The new AI park at one-north is likely to boost demand for industrial spaces in the area, say analysts.
Property

Government’s AI push set to spur interest in one-north tech hub: analysts

The leases of Orchid Country Club in Yishun (above) and Warren Golf & Country Club in Choa Chu Kang end in 2030.
Property

Orchid Country Club, Science Park sites among plots rezoned for housing

CapitaLand Development will be launching its first residential project in Singapore Science Park – the 343-unit LyndenWoods condo.
Property

CapitaLand to launch LyndenWoods condo in Singapore Science Park with prices from S$2,200 psf

The upcoming influx of new business park space in 2025, led by Geneo in Singapore Science Park (above) and the Punggol Digital District, could be attractive alternatives for eligible larger tenants seeking a campus-like environment, and at a fraction of traditional office rental costs.
Property
BT PROPERTY WEEK

Tight CBD supply, resilient rents could revive demand for decentralised offices

The supply boom from the upcoming Punggol Digital District (above) and the redevelopment of 1 and 7 Science Park Drive could potentially put further pressure on rents and occupancy, particularly for older developments, said Savills.
Property

Singapore business parks hit by highest vacancy in 14 years: Savills

Rents at suburan business park space, such as the Punggol Digital District, posted a gross effective rent of S$3.46 per square foot per month during Q3, says Cushman & Wakefield.
Property

Tough 2024 for suburban business parks with rising vacancies; muted growth for industrial rents in 2025

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