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Business Park

Posted by vincentlowx on February 27, 2025
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What Are Business Parks in Singapore?

A business park in Singapore is a designated area specifically developed to accommodate businesses, particularly those in knowledge-based, high-tech, or research and development (R&D) industries. These parks are designed to provide a conducive environment for companies, offering modern infrastructure, office spaces, and facilities tailored to the needs of businesses such as technology firms, biotech companies, and corporate headquarters.
In Singapore, business parks are part of the country’s urban planning strategy to support economic growth and innovation. They are typically located outside the central business district (CBD) but are well-connected via public transportation and major roads. These areas often feature a mix of commercial buildings, green spaces, and amenities like dining options, fitness centers, and childcare facilities to enhance the working environment.

Business Park for Rent:

  1. one-north: Located in the Buona Vista area, this is a hub for R&D and innovation, hosting industries like biomedical sciences, infocomm technology (ICT), and media. It includes developments like Fusionopolis and Biopolis.
    Galaxis at One North
    Nexus at One North
    Solaris at Fusionopolis

  2. International Business Park (IBP): Situated in Jurong East, this park caters to multinational corporations and tech companies, offering proximity to industrial estates and commercial hubs.
    1A International Biz Park
    27 International Business Park
    31 International Business Park

  3. Changi Business Park (CBP): Near Changi Airport, this is a key location for IT, software development, and aviation-related businesses.
    One at Changi City
    Plaza 8 at Changi Business Park
    The Signature
    17 Changi Business Park Central 1
    Hansapoint
    Rigel Innovation Centre
These parks are managed or supported by government agencies like JTC Corporation, which ensures they meet the needs of modern industries while aligning with Singapore’s goal of being a global business hub. They differ from industrial estates (focused on manufacturing) and the CBD (focused on finance and commerce) by emphasizing a campus-like setting for innovation-driven companies.

Possible usage for Business Park

  • High-technology
  • Research and development (R&D)
  • High value-added and knowledge intensive activities
  • Information Technology
  • Call Centre (subject to approval)
  • Partial Storage (subject to approval)

 

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