Frasers Centrepoint Singapore unveils unique zones at Frasers Tower to Address new working styles
Frasers Centrepoint Singapore launched Frasers Tower – a new office development that provides a flexible work environment to cater to the evolving needs of the workforce. Frasers Tower’s four unique community zones, coupled with its own park and plenty of greenery will accommodate the working community’s growing needs of work-life balance.
The show suite was unveiled today to showcase the workplace that will transform the way tenants work with its unique blend of workspace and nature. Located at 182 Cecil Street, Frasers Tower is expected to be completed in the second quarter of 2018.
The development has a total net lettable area (“NLA”) of approximately 663,000 square feet (“sq ft”) and comprises a 38-storey Premium Grade-A office tower and an adjacent three-storey cascading retail podium featuring various food and beverage offerings. It is also the first commercial building to be nestled in a park of its own that connects to the Telok Ayer Park.
Commenting on the value proposition of Frasers Tower, Mr. Christopher Tang, Chief Executive Officer, Frasers Centrepoint Singapore, said, “Businesses will be attracted to the new landmark as it occupies the prime corridor between the core CBD and upcoming Greater Southern Waterfront development, with complementary retail and lifestyle offerings in the vibrant and dynamic precinct. The appeal of the development is also in its unique blend of workspace and nature designed to inspire a stimulating, innovative and functional work environment. With the reduced office supply in 2018 and beyond, we are confident that demand for Frasers Tower will grow.”
The developer also announced its first signed lease with leading serviced office provider The Executive Centre. The new tenant will occupy an entire floor spanning approximately 20,000 sq ft. In addition to The Executive Centre, companies from the financial, technology and media industries have shown keen interest to secure and relocate to Frasers Tower for its prime location and accessible work spaces.
“Frasers Tower is a prominent addition to our presence in Singapore and Southeast Asia. It is strategically located at the commercial gateway to the core CBD. We are extremely attracted by the flexible workspace and the close proximity to nature. The requirements for workspace is changing and people no longer just work at their desks. We appreciate the community zones and Wi-Fi connectivity across the entire building that will encourage stronger interaction and collaboration. The space is clearly designed with the users in mind and we see the potential of customising our space to meet our clients’ demand for exclusive corporate and recreational spaces,” said Yvonne Lim, Regional Director – Australia, Indonesia & Singapore, The Executive Centre.
The 235-metre tall office building will have floor plates of between 20,000 sq ft to 22,000 sq ft, which are of regular shape and free of interior columns, to give tenants the flexibility to customise their workspaces efficiently. The design of the building also addresses evolving working styles and preferences. For example, the inter-connecting floors promotes greater collaboration and connectivity while the open office areas provide a flexible and scalable workspace that can accommodate up to 300 persons per floor.
Source: Frasers Centrepoint Singapore