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Office rentals in Singapore

Started by Keeptrucking, Jun 06, 2024, 12:15 PM

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Keeptrucking

https://finance.yahoo.com/news/struggling-business-park-deals-blow-220018011.html

i saw this report and I wonder why we are still building new offices. esp with remote work and how so many companies are either downsizing or moving into small spaces.

in fact, after Unilever left their three floor space in Mapletree Business City, it was vacant for a good three years or so. One floor was only recently taken up and the other two remain empty.

the space is right in the middle of the business city, just in front of the drop off area. so it is a good location.

and now there is another Labrador Tower coming up, with more office space. who are the tenants?

don't know why we are having new buildings and no idea who is filling them up.

Bardiel

sometime i dono what the pap is smoking us also. sgg is too costly and govt only cares about gdp

Isibeihaolian

Quote from: Keeptrucking on Jun 06, 2024, 12:15 PMhttps://finance.yahoo.com/news/struggling-business-park-deals-blow-220018011.html

i saw this report and I wonder why we are still building new offices. esp with remote work and how so many companies are either downsizing or moving into small spaces.

in fact, after Unilever left their three floor space in Mapletree Business City, it was vacant for a good three years or so. One floor was only recently taken up and the other two remain empty.

the space is right in the middle of the business city, just in front of the drop off area. so it is a good location.

and now there is another Labrador Tower coming up, with more office space. who are the tenants?

don't know why we are having new buildings and no idea who is filling them up.

There used to be a period where I wanted to rent office space just to place a sleeping bag inside to sleep. $500/mth is very affordable.

Arctic

That's why gov and big corps brainwashing ppl to go back to office

default

i think so too, better to build mixed developments or hdb etc tbh
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jim889

Quote from: Keeptrucking on Jun 06, 2024, 12:15 PMhttps://finance.yahoo.com/news/struggling-business-park-deals-blow-220018011.html

i saw this report and I wonder why we are still building new offices. esp with remote work and how so many companies are either downsizing or moving into small spaces.

in fact, after Unilever left their three floor space in Mapletree Business City, it was vacant for a good three years or so. One floor was only recently taken up and the other two remain empty.

the space is right in the middle of the business city, just in front of the drop off area. so it is a good location.

and now there is another Labrador Tower coming up, with more office space. who are the tenants?

don't know why we are having new buildings and no idea who is filling them up.

need moar ft to fill up these space
 :frown:

ABCDFinanceGuy

Quote from: Bardiel on Jun 06, 2024, 01:45 PMsometime i dono what the pap is smoking us also. sgg is too costly and govt only cares about gdp

Word. A lot of idiots think that the PAP really cares for the people when they only care about the numbers.
Against all the evil that Hell can conjure, all the wickedness that mankind can produce, we will send unto them...only you. Rip and tear, until it is done.

Shiori

just like china now
china cities everywhere building apartments but no buyers
in sg we build office towers but no tenants

drdoof


daryl76

dun build how to keep the construction companies afloat?

see how many are digging and digging the roads, cb my place outside dig for many months liao, from woodleigh down all the way to bendemeer
mY wIfE iS a sEX oBjEct, eVerYtImE i aSk fOR seX, sHe ObjEcTs!

Arctic

Quote from: Bardiel on Jun 06, 2024, 01:45 PMsometime i dono what the pap is smoking us also. sgg is too costly and govt only cares about gdp

Gdp tied to their salary and bonus mah

Also, can haolian gdp to other countries

Kaiju8


jim889

Quote from: Kaiju8 on Jun 07, 2024, 12:11 PMProperty crash cuming ?

as long as floodgates open.. it wont crash
 :frown:

Aisingioro

my company's office space is also a massive waste of expense.

jim889

Quote from: Aisingioro on Jun 07, 2024, 03:13 PMmy company's office space is also a massive waste of expense.

chiur kompany waste $$ ish not chiur taiji but mgmt fault

chiu just collect celery can liao
 :flash:


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