Currently under development is Changi City Point, a joint venture with Ascendas Pte Ltd. The 200,000 sq ft retail mall strategically located at the gateway of Changi Business Park is expected to be completed by the end of 2011.
One@Changi City – part of the Changi City project jointly developed by Ascendas and Frasers Centrepoint – will be completed by the fourth quarter next year at a development cost of $180 million.The nine-storey building has a net lettable floor area of 650,000 square feet, and Credit Suisse will occupy five floors spread across 315,000 sq ft. It has the option to take up another two floors measuring 175,000 sq ft.
The lease lasts 10 years, and the bank has the option to extend it by five years twice. Jones Lang LaSalle brokered the leasing deal.Ascendas president and CEO Chong Siak Ching said that talks with ‘a number’ of other potential tenants at One@Changi City are ongoing. Frasers Centrepoint group CEO Lim Ee Seng noted that Credit Suisse’s decision to move over ‘underscores the confidence’ that it has in the development.
One@Changi City will accommodate Credit Suisse’s expected growth and provide a consolidated site for most of the staff, said the bank’s vice-chairman (Asia-Pacific) and Singapore country CEO, Lito Camacho.He did not specify how many more people the bank might hire in Singapore, but said that the country is an important location for businesses such as wealth management, asset management and investment banking.One@Changi City is expected to house over 4,000 Credit Suisse employees in the mid and back office functions.Credit Suisse will give up its space at One Raffles Quay and Changi Business Park as the leases expire. It will keep its premises at One Raffles Link primarily for front office employees.
One@Changi City will be next to Changi City Point – a mall which should be ready by the fourth quarter this year. It will also be near a 12-storey service residence block called Modena Changi City. Both the mall and service apartments are developed by Frasers Centrepoint.The entire Changi City integrated business park project will cost about $550 million to develop.
brand new Refresh Bodyworks outlet opens at Changi City Point #B1-04 tomorrow!
Spanning across 468 square feet of space, the spanking new outlet boasts of 4 new Foot Reflexology chairs, 3 Back Massage chairs and a soothing massage room!
The outlet provides the best services of Refresh Bodyworks – Foot Reflexology, Back Massage and Full Body Massage. Come by Changi City Point and get a feel of the comfortable and relaxing ambiance. It is a mini haven for those who need a quick recharge!
Your existing Refresh Bodyworks package can also be utilised here. For newbies, remember to check out the opening special of $199 for 10 sessions of Foot Reflexology / Back Massage / Spot On 20! Limited to 5 packages per person only. For use at Changi City Point outlet only.
CALL 66361468 to make your appointment NOW!
Changi City Point is located behind Singapore Expo. Nearest MRT station: Expo Station. Exit from MRT, turn right.
Besides Fusionopolis, other developments who tout the work-live-play lifestyle include Changi City – an integrated development consisting of One@Changi City (offices), Changi City Point (retail), and Modena Changi City (service apartment) – and Mapletree Business City – with food and beverage outlets like Astons Specialities and Cedele, a Fitness first gym as well as a heated outdoor pool.
yomenya Goemon @ Changi City Point (the Centre) (Opening Oct 2011))
Address:
5 Changi Business Park Central 1,
#01-61 Changi City Point (the Centre),
Singapore
486038
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