Mapletree Business City
Located on the site of the ill-fated Alexandra Precinct, Mapletree Business City, and the currently under construction MBC II is a very welcome addition to Singapore’s tech business space. It is an industry that is ever hungrier for good office space, and one that Singapore is keen to encourage.
Mapletree Business City – designed as a fully integrated business hub – features approximately 1.7 million square feet of net lettable grade-A business park space across its four blocks. As well as offices, the park boasts many other facilities such as conference and meeting halls, food, beverage and retail outlets, a childcare centre, a laundromat and a gymnasium complete with swimming pool. MBC is also characterised by its open public spaces, art installations, lush greenery – and a pond – making it a very attractive place for individuals and companies alike to carry out their business.
MBC has the additional advantage of extremely good transport links. It is only a ten minute drive to the CBD (five minutes to VivoCity and the HarbourFront Precinct), and the park is connected to Labrador Park MRT, as well as other public transport nodes via sheltered pedestrian bridges and walkways.
Integration is the key to MBC’s success, and the way forward if business parks are to be successful in the future. They not only need to be an attractive place in which to work, but they need to be suitable for a company to relocate and house its entire set up, from its front office, to its back room and support functions. Retail, leisure and dining options – well catered for by the ARC (Alexandra Retail Centre) part of the development, are crucial in the modern day “work and play” business environment.
The park’s ability to offer space that can be adapted to the individual requirements of the leasing businesses has also played a major role in its success, and has helped attract some of the biggest and brightest companies. Already it boasts a workforce of more than 10,000, a figure that will be significantly increased with future developments.
The second phase of Mapletree’s rejuvenation of the area will shortly be completed when MBC II comes on line this year. The development will continue the good work done by the original park, and will complement and add to the current facilities and ethos. New features will include the island’s tallest business park tower (30 storeys), a sunk-in amphitheatre and additional retail, food and beverage outlets. Like the original, it will be set amongst lush greenery and will blend into the existing nature parks that are a feature of the area. As you would expect, the park offers innovative space solutions, set to attract the very best high tech companies from home and abroad, and if rumours are to be believed, such heavyweights as Google and Microsoft are already looking to relocate their offices to MBC II. Despite second to none facilities and a great, convenient location, the 1.15 million square foot park has rental fees half of those charged in the CBD, so it is no surprise that it is being tipped to follow in MBC’s footsteps to becoming one of the most successful – and most loved – places to work in Singapore.
New launches nearer to MBC
- The Orient ( Freehold Development)
- Skyline Residences (Freehold Condo)
- Alex Residences
- Principal Garden
- Highline Residences
- Queens Peak (Coming Soon)