Public-sector healthtech agency IHiS to be anchor tenant at Elementum in one-north: sources
Integrated Health Information Systems expected to relocate from 6 Serangoon North Avenue 5; its lease expires early next year
DeeperDive is a beta AI feature. Refer to full articles for the facts.
INTEGRATED Health Information Systems (IHiS), the health-technology agency for Singapore’s public healthcare network, and a few related entities, are said to be leasing about 250,000 sq ft of business park space at the Elementum project in one-north.
The Business Times understands that the bulk of this space – around 200,000 sq ft – will be for IHiS, which is a fully-owned subsidiary of MOH Holdings, the holding company of Singapore’s public healthcare clusters.
IHiS currently operates out of Mapletree Industrial Trust ’s property at 6 Serangoon North Avenue 5. Elementum is expected to be completed in the fourth quarter of this year, which will be timely for the company as its lease in the Serangoon North building ends around Q1 2024, say market observers.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report