Impact of startup fundraising on property

SINGAPORE'S startup ecosystem has come a long way to emerge on the global stage since the first startup cluster was incepted at Block 71 in Ayer Rajah.

In 2017, Singapore was ranked first in the world for startup talent by Startup Genome, and number one on a list of the best startup cities by Nestpick.

With its mature infrastructure, highly educated workforce, and strategic location amidst growing and emerging markets, Singapore has grown to be a natural hub and launchpad for tech companies and investors.

One of the biggest challenges faced by startups in their early years was the lack of funding beyond the seed stage.

However, the fundraising landscape has grown a lot more vibrant and sophisticated in recent times, all of which point to a maturing and healthy startup ecosystem. Notably, technology firms have accounted for about one-third of the new office take-up in 2017. In this art…