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New Wave of Decentralisation

As more firms move out of the Central Region, Office decentralisation has become more common than ever.

The recent announcement of major local and International Companies setting up or moving their offices outside the central region has seen many turn their attention to Regional Centres.

Previously, offices outside of the central business district (CBD) would move out to city-fringe areas like Novena which have, over the past decade, evolved into vibrant office clusters. Now, good-quality office spaces can also be found in Regional centres like Tampines Regional Centre and Jurong Regional Centre, which have started gaining confidence from local and international companies alike.

In the second part of our feature on decentralisation, we shed light on the office market – how regional centres are becoming new commercial hubs, the ever changing skyline of these regions, and the effects of the rising number of companies moving out of the CBD.

This insight is part of Smartkarma. For more follow this link.



This post first appeared on Smartkarma | Intelligent Investing, please read the originial post: here

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New Wave of Decentralisation

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