Topic of Interest: #OfficeSpace (2,644 Articles Found)

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Singapore’s biggest bank to cut office space in home market

DBS Group is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic. SEA’s largest bank plans to surrender about two and half floors, or 75,000 sqft,…

National Design Centre exhibition imagines future offices centred around pantry

In a post-pandemic office, the centre of operations could be the pantry. An exhibition on the future of offices at National Design Centre launched on Thurs is as provocative as it is timely, coming as more employees are…

Circuit breaker reshaped value of office space

Mr Foo Sing Kheng’s view that employees should return to working in the office seems to suggest that the status quo of the past should be maintained. It is this mindset that has kept Singapore’s productivity low. Contrary…

Global trading firm Optiver to open Singapore office

Global market maker and proprietary trading firm Optiver will be opening a new office in Singapore this year, as part of its expansion in the APAC region. The opening of the Singapore office will mark the fifth office…

Will office assets continue to pique investor interest?

The slump in office prices in the Central Area outpaced the decline in rents last year, likely due to the pandemic-linked uncertainties plaguing the office market. While prices and rents for offices have moved in the same direction…

CBD Grade A rents stabilise in Q1 2021

Singapore saw stabilised rents for Grade A offices in CBD in the first quarter of 2021, falling by only 0.3% q-o-q to $9.54 psf. The downtick was mainly by Orchard and Raffles Place/New Downtown Premium micro-markets which posted…

Grade A offices may lead recovery in Singapore’s office market

With the government’s announcement that work-from-home will no longer be the default arrangement in Singapore, CBRE expects Grade A offices to lead the recovery of the Singapore office market this year. “There is optimism surrounding the mid-term outlook,…

Can Singapore’s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?

Singapore’s office rents have a long way to go before matching Hong Kong’s, even after half a dozen of mainland China’s largest technology behemoths piled into the city state in recent months to set up their regional hubs,…

Employees should not oppose return to office

The announcement that more workers would be allowed back in offices from yesterday may have brought relief to some employers, but has been received with great reluctance by some employees. Working from home was a temporary measure to…

KSH wins $171.8 mil contract for Biopolis Phase 6 development

KSH Holdings has secured a $171.8 million design and build contract under the Biopolis Phase 6 development in one-north as well as works at the adjacent Buona Vista Node of the rail corridor from HB Universal, a wholly-owned…

CBD bustling again as more workers return to offices

The CBD was bustling on Mon — the first day of relaxed workplace restrictions — with snaking queues spotted in food courts and hawker centres during lunch. Between 8.30am and 10am on Mon, TODAY observed a steady stream…

No obvious increase in commuter numbers on trains on first day of eased Covid-19 rules in S’pore

The morning commuting crowd streamed out of Raffles Place MRT station, most of them office workers walking closely behind one another. From 8.30am to 9.30am on Mon, the tap of bank and ez-link cards at the gantries was…

With easing of workplace COVID-19 rules, firms make adjustments while others take wait-and-see approach

Come Mon, a 10-member team at Certact Engg will be in the office in full force for the first time in a year. The team, handling administration, sales and other non-production matters at the local precision engg firm,…

UIC proposes name change to Singapore Land in group-wide refresh

The proposed name change of UIC to Singapore Land Group is more than a cosmetic change, says COO Jonathan Eu. The real estate developer also has plans to rejuvenate and gentrify its aged office portfolio, as well as…

Residential hotspots: Districts shaping up to be interesting investment bets

Notwithstanding the cloud of uncertainty induced by the Covid-19 pandemic, the primary residential market has seen strong interest from homebuyers and investors, buoyed by positive sentiment, abundant liquidity, and low interest rates. A prudent investment strategy should encompass…

The future for offices in Singapore

At the onset of the Covid-19 outbreak, safe distancing and circuit breaker measures necessitated the implementation of flexible working arrangements. Even when Singapore transitioned to phase three of reopening, most firms have been adopting a hybrid approach that…

What would our future workplace look like?

More Singapore employees will be allowed to return to the workplace from Apr 5. Rather than a return to the traditional office, however, the announcement signals a shift to a more flexible, hybrid working model. The Covid-19 pandemic…

Rising numbers of single family offices to bolsters demand for strata offices

The increasing popularity of Singapore as a wealth mgmt hub for family offices will bolster the demand for real estate investments particularly strata offices and shophouses according to Colliers report. Singapore’s conducive business environment and government incentives, its…

Shares of office landlords surge on expected return of office workers

Shares of office landlords have been gaining since the government’s announcement last week that a bigger proportion – up to 75 per cent – of staff can return to the workplace from Apr 5. Units of Keppel Reit…

Green fingers for GKE as it moves into indoor farming, obtains licence from SFA

Warehousing and logistics company GKE Corp, via its wholly-owned subsidiary GKE Agritech, has received its farm licence from SFA to commercialise indoor farming. The receipt of the farm licence allows GKE Agritech to grow and sell its produce…

Certis in tie-up with Lendlease to redevelop headquarters

Certis is teaming up with Lendlease to redevelop its ageing headquarters in the Paya Lebar area. Market watchers say it makes sense for Certis to partner Lendlease, which has expertise in property development, construction and mgmt. BT understands…

Companies in Singapore prepare to welcome more workers back to offices as Covid-19 rules eased

Last Thurs, a day after it was announced that more workers will be allowed in workplaces from Apr 5, Affinidi Group’s CEO Glenn Gore went shopping for new couches employees can use. “Comfortable couches allow for relaxed conversations…

Three strata-titled units at GB Building up for sale

A portfolio of three strata commercial units at GB Building within CBD has been put up for sale via EOI, revealed Knight Frank. With strata areas ranging between 5,425 sqft and 13,067 sqft, the units for sale include…

It’s back to work in 2021, says CBRE with 70% of bosses wanting a return to the office

Bosses are increasingly keen for their staff to return to the office, but many offices will need to go through some remodelling as workers look to more collaborative workspaces, says Henry Chin, head of research at CBRE APAC.…

S’pore eases Covid-19 rules: Experts urge caution even as more can return to workplace

Employers in Singapore will shift to a “more flexible and hybrid way of working” from next month, as the country takes further steps to ease some Covid-19 measures, said Minister Lawrence Wong on Wed. NTUC deputy secretary-general Cham…

Finance hub Singapore outlines tips for safer post-pandemic workplaces

Singapore has started to plan for how offices will look and operate in the post COVID-19 era, signalling its intent to get one of the world’s key financial hubs fully back to business with new technology and safer…

JustCo to manage Metro space in Tampines from third quarter of 2021

JustCo is set to manage a Metro Holdings space in Asia Green in Tampines from the third quarter of this year. In line with its asset-light strategy, JustCo signed a landmark agreement with T-Grand Property Holding, which owns…

Police investigating 83 people for allegedly flouting Covid-19 safe-distancing rules to sing, drink and socialise

More than 80 people are under investigation for allegedly flouting Covid-19 safe-distancing regulations to sing, drink or socialise in four separate incidents in the past month. SPF said on Mon that 46 men and 37 women, aged 20…

High-performing workers need conducive environment and social support: JLL

In order to succeed, a business needs to enable its employees to perform. A JLL study of 1,500 employees in five countries across APAC revealed that high-performing workers — defined as those who have access to a high-impact…

CPG shares new ideas for Singapore’s post-COVID-19 workplace

Transformative changes could be coming to Singapore with CPG Corp. Rapid adoption of technology and digitalised workflow, which has taken root during the pandemic, is gathering pace and speeding up, opening doors to increased next phase of technological…

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