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.