Frasers Centrepoint Tops Out Frasers Tower with Over 70% Pre-commitment

Microsoft Singapore and Total Oil among Anchor Tenants

Singapore – Following the successful inaugural launch of Frasers Tower last February, Frasers Centrepoint Singapore today celebrated the tower’s topping out ceremony, having secured strong lease commitments of over 70% for its 38-storey office tower, with close to 50% of its
retail podium also successfully leased.

From left to right, Mr Christopher Tang – CEO, Frasers Centrepoint Singapore, Mr Panote Sirivadhanabhakdi – Group CEO, Frasers Centrepoint Limited, Mr Kim Jung Chul – EVP / COO / Head of Building Works Division, Hyundai Engineering & Construction and Mr Kwak Im Koo, Project Director, Hyundai Engineering & Construction. Picture: Frasers Centrepoint Singapore

The Anchor Tenants

The developer has confirmed two anchor tenants, namely Microsoft Singapore and French integrated oil and gas company – Total Oil, which will occupy a combined space of 232,200 square feet (“sq. ft.”), as well as other established names in the financial, business and consumer goods sectors such as Sumitomo Corporation, Arup, Fonterra, Pacific Life and serviced office provider The Executive Centre.

The Milestone

Speaking at the sidelines of the topping out ceremony, Mr Christopher Tang, Chief Executive Officer of Frasers Centrepoint Singapore commented, “This is a memorable milestone for us. We are encouraged by the pre-commitment of over 70% as a testament to Frasers Tower being the top-of-mind choice for established organisations to grow their business. We are confident that Frasers Tower will be a leading landmark in the business district, catering to a contemporary workforce in the years to come.”

Mr Kevin Wo, Managing Director of Microsoft Singapore noted, “Frasers Tower offers Microsoft Singapore the opportunity to create a whole new experience of what a modern workplace environment should look like. It will showcase the best of Microsoft’s technology and services that will inspire our customers and partners to accelerate their digital transformation efforts, empowering every person and organisation to achieve more.”

With the growing demand for diversified office space that serves the dynamic and ever-changing needs of corporations in a major business hub like Singapore, Frasers Tower is set to evolve into a distinctive commercial landmark in the CBD and the upcoming Greater Southern Waterfront area.

“The location is an advantage as it gives us proximity to key business locations in the city and is well-connected to transport options. The green recreational spaces offered by Frasers Tower and its surrounding amenities will enhance our staff’s well-being as they enjoy an environment that meets their working, social and leisure needs,” said Mr Tan Yoong Heng, Office Leader for Arup, another major tenant at Frasers Tower.

The Oasis at Frasers Tower. Picture: Frasers Centrepoint Singapore

The other tenants

The development has a total net lettable area (“NLA”) of approximately 663,000 sq. ft. and comprises a 38-storey Premium Grade-A office tower with unique community zones — The Sky, The Terrace and The Park – and an adjacent three-storey cascading retail podium with a roof garden, The Oasis.

The Oasis will be home to an eclectic mix of food and beverage concepts including a new-to-market concept Ocha Fresh Thai and homegrown favourite, Cedele, which will present an exclusive hybrid concept with menu offerings from its existing concepts – Chiak, Cedele Bakery, Workspace Espresso and Grain Bowl, and offer a different weekend menu targeted at families. In addition, The Park will house Numazu, a sushi & sake bar from Japan.

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 development has received the BCA Green Mark Platinum Award, in recognition of its environment-friendly features.

Article by Frasers Centrepoint Singapore.