- Grab has announced that it will be working with Ascendas Reit on its upcoming Singapore headquarters at one-north. The facility will house all Singapore-based Grab employees.
- The 42,310 sqm building is estimated to complete in Q4 2020, and the total development cost is estimated to be S$181.2 million.
Yesterday, ride-hailing giant Grab announced that it has signed an agreement with Ascendas Reit, which will help to design and build the new headquarters in Singapore.
The 42,310 sqm building will be located within the one-north business park, and will house all Singapore-based Grab employees, effectively serving to consolidate its current offices and creating the first dedicated physical facility for the company.
Grab’s largest R&D centre will also be based here.
one-north is currently home about 18,000 professionals working in public research institutions like A*STAR, and government agencies like the Ministry of Education, Infocomm Media Development Authority, and SPRING Singapore.
Grab’s new neighbours include companies like Autodesk, Garena, Oracle, GlaxoSmithKline, Discovery Networks, Fox International Channels, and Lucasfilm.
Gaming peripherals company Razer is also planning to open its Southeast Asia headquarters at one-north. The facility is due to be completed in 2020.
“The new headquarters is yet another important milestone for us – it represents our long term commitment to Singapore and the region,” said Ong Chin Yin, Head of People, Grab.
“With the new building, we will be able to bring our growing Grab family in Singapore under one roof. The increased capacity of our headquarters will also enable us to achieve our ambitions of becoming the leading super-app in Southeast Asia.”
To this end, we have plans to create and hire for a thousand more exciting roles globally over the next 12 months.
The building will “incorporate lush greenery on ground and mid-level sky terraces that are integrated with communal spaces and public pedestrian thoroughfares to promote social interactions and exchange of ideas”.
Bicycle parking, lockers, and shower facilities will also be provided to encourage Grab employees to take up cycling as a mode of commuting as “support of Singapore’s car-lite vision and to reduce carbon footprint”.
According to the press release, other green features also include the use of recycled building materials and energy efficient low emissive glass façade to reduce solar heat gain.
Grab’s new Singapore HQ is expected to complete in the fourth quarter of 2020, and the total development cost is estimated to be S$181.2 million.