Location and Accessibility
1 North Bridge Road, High Street Centre is strategically located in the heart of Singapore’s Central Business District (CBD). This prime address offers excellent connectivity to various parts of the city:
- MRT: Raffles Place MRT Station (North-South and East-West Lines) is a 1-minute walk away.
- Buses: Numerous bus routes, including SBS Transit, SMRT Buses, and Tower Transit, have stops within walking distance.
Building Features
This 30-storey Grade-A office building boasts impressive architectural design and state-of-the-art facilities:
- Floor Area: 560,000 square feet of prime office space
- Floor Plan: Efficient column-free floor plans with floor-to-ceiling heights of 2.9 meters
- Amenities: 24/7 security, 6 high-speed passenger lifts, and a concierge service
- Green Building Certification: LEED Platinum, Green Mark Platinum, and BCA Green Mark Platinum
Tenants and Industry Presence
1 North Bridge Road is home to a diverse range of businesses across various industries:
- Financial Services: Morgan Stanley, Goldman Sachs, Citibank
- Technology: Amazon Web Services, Google Cloud, Microsoft
- Consultancy: Bain & Company, McKinsey & Company, BCG
- Legal: Baker McKenzie, Clifford Chance, Allen & Overy
Facilities and Amenities
The building offers a comprehensive suite of amenities to enhance employee well-being and productivity:
- Food and Beverage: Cafeteria, coffee bar, and rooftop terrace with stunning city views
- Fitness: Modern gym, yoga studio, and basketball court
- Workspaces: Collaboration zones, breakout areas, and flexible meeting spaces
- Concierge Services: Dry cleaning, laundry, and travel arrangements
Sustainability and Environmental Impact
1 North Bridge Road is a Green Mark Platinum-certified building, demonstrating its commitment to sustainability:
- Energy Efficiency: Advanced HVAC system and LED lighting throughout the building
- Water Conservation: Rainwater harvesting system and water-efficient fixtures
- Waste Management: Comprehensive recycling program and composting facilities
- Carbon Footprint Reduction: Renewable energy sources and a focus on sustainable practices
Market Trends and Investment Potential
The office market in Singapore’s CBD is highly competitive with strong demand from both domestic and international companies. According to a report by JLL, the average office rent in the CBD reached S$10.60 per square foot per month in 2022.
Investment Highlights
1 North Bridge Road presents an attractive investment opportunity due to its:
- Prime Location: Exceptional connectivity in the heart of the CBD
- Modern Amenities: State-of-the-art facilities and a focus on employee well-being
- Strong Demand: High demand for office space in the CBD
- High Rental Yields: Potential for high rental yields due to its premium address and amenities
- Prestigious Tenancy: Home to leading global companies
Tips for Tenants and Investors
- Due Diligence: Conduct thorough due diligence on the property, including lease terms, amenities, and sustainability features.
- Negotiation: Aim to negotiate favorable lease terms and explore potential incentives from the landlord.
- Market Research: Understand the market dynamics and monitor rental trends in the CBD to make informed decisions.
- Long-Term Vision: Consider the long-term investment potential of the property and align it with your business objectives.
Common Pitfalls to Avoid
- Overestimating Demand: Avoid assuming high demand for office space in the CBD without conducting thorough market research.
- Underestimating Costs: Factor in all potential costs associated with leasing an office space, including rent, utilities, and fit-out expenses.
- Neglecting Sustainability: Consider the environmental impact and sustainability features of the building to ensure alignment with your corporate values and attract tenants who prioritize sustainability.
Inspiring a New Era of Office Design
1 North Bridge Road High Street Centre showcases the future of office design, combining sustainability, technology, and employee well-being. This building serves as an inspiration for creating innovative and environmentally friendly workspaces that foster collaboration, productivity, and employee satisfaction.
Tables of Key Information
| Key Feature | Value |
|---|---|
| Address | 1 North Bridge Road, Singapore 179094 |
| Number of Floors | 30 |
| Gross Floor Area | 560,000 square feet |
| Occupancy | 100% |
| Rental Rates | S$10 – S$12 per square foot per month |
| MRT Station | Raffles Place MRT Station (1-minute walk) |
| Tenant Profile | Industry |
|---|---|
| Morgan Stanley | Financial Services |
| Amazon Web Services | Technology |
| Bain & Company | Consultancy |
| Baker McKenzie | Legal |
| Sustainability Features | Certification |
|---|---|
| Energy Efficiency | LEED Platinum |
| Water Conservation | Green Mark Platinum |
| Waste Management | BCA Green Mark Platinum |
| Renewable Energy | Yes |
| Market Outlook | Indicator | Value |
|---|---|---|
| CBD Office Rent | Average | S$10.60 per square foot per month |
| Investment Potential | Rating | High |
| Rental Yield | Expected | 3-5% |
