# Leasing kicks off at One Comcentre office and retail hub, with 1ha elevated park in heart of Orchard

- **Source:** EdgeProp Singapore
- **Published:** 2026-09-30T01:00:00.000Z
- **Author:** Fiona Lam
- **Original:** https://www.edgeprop.sg/property-news/leasing-kicks-one-comcentre-office-and-retail-hub-1ha-elevated-park-heart-orchard
- **Topics:** Commercial & Industrial, Investment & Capital Markets

## Featured rationale

Early interest signals pent-up demand for premium Orchard offices amid 3.3% core CBD Grade A vacancy, potentially supporting leasing of the remaining 70%.

## AI summary

Leasing has begun for the end-2028 One Comcentre, with over 30 prospective tenants approaching the developers and Singtel occupying about 30% of total space.

## Original article

Amid keen interest from prospective tenants, leasing has officially begun for One Comcentre — billed as the first new Grade A office and retail development in the Orchard area in two decades — ahead of its targeted completion by end-2028.

The mixed-use project is the redevelopment of Singtel's former headquarters, then known as Comcentre, in Somerset.

Richard Paine, Lendlease senior advisor, development, noted that there has been "considerable unsolicited interest" in leasing space at One Comcentre.

Read also: Keppel Reit to sell Seoul CBD office building at KRW348.8 bil property value, 37.2% above purchase price

"Over 30 tenants, mainly office tenants, have approached us. We’re looking forward to formally engaging with them in the coming months," he said during the media briefing held at the showsuite.

Singtel and Lendlease are co-developers via a 51:49 joint venture, with Lendlease set to manage the property.

Meanwhile, Singtel will be the anchor tenant, taking up about 30% of the total space including its approximately 10,000 sq ft flagship retail store. That leaves around 70% available to other tenants.

The One Comcentre showsuite is housed at TripleOne Somerset, with views of the construction site; interactive screens showcasing the development’s technology, sustainability and employee experience; as well as virtual AI hosts and physical AI robots.

Over 1 million sq ft of offices, amenities, public spaces

When completed, One Comcentre will comprise twin 20-storey towers, injecting more than 1 million sq ft in gross floor area (GFA) of Grade A offices, retail, dining, wellness and community spaces.

Workplaces, with large office floor plates of about 25,000 to 27,000 sq ft, will make up roughly 80% of GFA. Equipped with 5G+ connectivity, the future-ready development will be able to support AI and intelligent building operations.

Read also: Tourism board invites proposals to redevelop Emerald Hill site into hotel, lifestyle destination

The other 20% of floor space will go to six storeys of amenities, including two food courts, medical suites, fitness and wellness facilities, a 400-person auditorium for corporate events, and a private members’ club.

The aim is to create a vibrant hub that brings together workplaces, lifestyle offerings and public spaces.

One Comcentre will also feature an elevated public park or ‘Botanic Ribbon’ wrapping around the buildings from levels two to four, spanning close to 1ha. Rooftop sky gardens, accessible only to occupiers, will sit at the top floor of both towers.

The development is designed by New York-based, award-winning architecture firm Kohn Pederson Fox, while the landscape design is by Field Operations, which was the project lead for the acclaimed The High Line public park in Manhattan.

"Our desire is for One Comcentre to be the new landmark in the heart of Orchard," said Gan Siok Hoon, Singtel’s group chief corporate officer, at the media briefing.

"Just like our previous Comcentre was a very iconic building, our vision for this is also for it to be the new beacon to the future, showcasing how we can bring together technology, sustainability, and human-centered design," she added.

Read also: Rise and fall of Hong Kong's 'shop kings': How plunging rents, debt crushed their empires

AI-native, future-ready building centred around sustainability

One Comcentre achieves several firsts: It is Singapore’s first AI-native building powered by dedicated 5G+ connectivity, the first end-to-end carbon-neutral commercial development in the country, and the first development in Asia to obtain triple certification in sustainability and wellbeing.

"Singtel will integrate its connectivity and AI capabilities into the development from the ground up," the co-developers said in a joint release on Sept 30.

Singtel’s 5G+ network will enable network slicing, which acts as a “priority lane” or digital expressway for occupiers. This offers high-speed, low-latency and secure communications between building systems, applications and devices.

It will mean priority network performance for cloud platforms, next-generation AI applications, physical AI such as robotics, video collaboration and other business-critical operations — even during periods of peak demand.

"As Singtel is the co-developer and anchor tenant, we will always ensure that the building infrastructure and technologies stays ahead of the curve," Gan said. "Tenants can get first access to advanced technologies without having to invest in the underlying infrastructure."

In addition, tenants can tap a suite of Singtel services, including security-as-a-service and robotics-as-a-service.

As for its sustainability credentials, One Comcentre is carbon-neutral from its design and construction to operations.

The development uses low-carbon concrete and steel to lower embodied carbon, while 90% of demolished structural materials are recovered and recycled to promote circular construction.

The result is up to 30% savings on embodied carbon, equivalent to more than 7,000 cars off the roads for a year.

One Comcentre is also the first new-build large-scale development to achieve the latest BCA Green Mark Version 7, with a Zero Energy rating. This is in addition to the WELL Version 2 Platinum Certification and, on completion, the International Living Future Institute Zero Carbon Certification.

"These credentials support our future tenants’ ESG (environmental, social and governance) ambitions, sustainability reporting and corporate targets," said Debra Ma, Lendlease director of development, Singapore, and project director for the One Comcentre project.

Tight supply in Singapore office market

The launch comes as Singapore’s Grade A office market faces its tightest supply conditions in nearly two decades, with few major developments entering the market.

The vacancy rate of core CBD Grade A offices stood at 3.3% as of 2Q2026, while the upcoming supply through to 2030 is 37% below the 10-year historical average, according to CBRE Singapore research.

Meanwhile, high-growth sectors are anchoring demand. Tech, AI, private equity, asset management and insurance firms made up 56% of office leasing demand in the first half of this year, and CBRE foresees it increasing further.

Moray Armstrong, managing director for Singapore at CBRE, said the interest from a broad range of prospective tenants in One Comcentre, even before leasing had commenced formally, reflects pent-up demand for premium, future-ready workplace solutions.

"Increasingly, we are seeing tenants expand their search beyond the traditional CBD as they look for workplaces that help attract talent, strengthen culture and support long-term growth," he continued.

"Opportunities that bring these attributes together at scale are rare, particularly within Orchard Road."

A workplace with Orchard amenities on the doorstep

The upcoming mixed-use development’s location is expected to set it apart too.

Mark Goh, Singtel’s vice president, group property, noted: "We are at the doorstep of Orchard Road. I don’t think any of the other Grade A office buildings offer an Orchard Road address and amenities."

From a lifestyle perspective, many employees would likely want to live and work in a neighbourhood with ready access to dining, retail, wellness and entertainment options. That may also encourage collaboration and innovation, added Singtel's Gan.

Armstrong of CBRE likewise pointed out that many companies’ office location strategies are determined by employee engagement as well as talent attraction and retention.

"And that's really reliant, to a large degree, on having a workplace that's amenity-rich, has experience opportunities, and is engaging and energised," Armstrong said.

Besides, One Comcentre stands out as a new-generation workplace offering within a micromarket dominated by ageing stock. Some 93% of buildings in the Orchard Road area are at least 10 years or older, CBRE Research found.

Asked about the target retail tenant mix at One Comcentre, Paine from Lendlease shared that one of the key goals is to cater to the office workers.

“Orchard Road is a fantastic shopping street in its own right, so we’re not replicating what people can access. What we will be providing is convenience and amenity for the working population in the office towers,” Paine commented.

Reviving the forgotten Tiverton Lane with F&B, placemaking

At the same time, One Comcentre is designed to integrate with the surrounding precinct and contribute to the rejuvenation of the Orchard area.

"It's a very open development and we’re going to reinstitute Tiverton Lane, which will create a thoroughfare … with retail and placemaking. So people who live around the city centre will see this as a place for lunch or a nice evening meal, and to meet people and utilise the facilities," Paine said.

Tiverton Lane, now expunged, was a small side street off Killiney Road, running through the current One Comcentre site. It used to feature shophouses, which have since been demolished.

The developers will be restoring the forgotten laneway, with hopes for it to become a bustling marketplace.

"We are bringing Tiverton Lane back as a dedicated laneway for gastro bars, cafes and restaurants as a new F&B precinct," said Ma. "It is also a thoroughfare right to Exeter Road, which will improve the accessibility of the entire Somerset precinct."

This contrasts with the old Comcentre, a 32-storey skyscraper that served as Singtel’s headquarters for more than four decades. The building, which was vacated in 2024, mainly housed the company’s corporate offices, internal facilities and its flagship retail store.

"In the past, the old Comcentre tended to be a bit more insular," Goh said. "So when we were planning the new One Comcentre, we wanted to make it more porous."

He added that the intention is to create connections through the development, linking Killiney Road to Somerset MRT Station, and provide more amenities that the community and residents in the vicinity could enjoy, such as the elevated park.

And while One Comcentre is designed for the future, the development also celebrates the history of the former site.

"There are some familiar elements from the old Comcentre, like the rooftop space frame and the phone booths, which will get a new lease of life as art pieces throughout the new development," Gan said.

Check out the latest listings for Orchard properties

## Chinese translation

> Translation model: grok_cli

### One Comcentre办公与零售枢纽启动招租，乌节核心将设1公顷架空公园

甲级办公、零售与餐饮即将进驻索美塞的新加坡电信前总部，逾30家潜在租户已表现出兴趣

在潜在租户兴趣浓厚之际，One Comcentre已正式启动招租——该项目被定位为乌节地区二十年来首个全新甲级办公与零售发展项目——目标于2028年底前竣工。

这一综合用途项目，是对新加坡电信（Singtel）位于索美塞的前总部（当时称为Comcentre）进行的重建。

Lendlease发展业务高级顾问Richard Paine指出，租赁One Comcentre的空间已出现“相当可观的主动询租兴趣”。

另请阅读：吉宝房地产投资信托（Keppel Reit）拟按3488亿韩元的物业价值出售首尔中央商务区办公楼，较购入价高出37.2%

他在展示套房举行的媒体简报会上表示：“已有超过30家租户与我们接洽，主要为办公租户。我们期待在未来数月与他们正式接触。”

新加坡电信与Lendlease通过51:49的合资企业联合开发，Lendlease将负责管理该物业。

与此同时，新加坡电信将成为主力租户，占用总面积约30%，其中包括其约10,000平方英尺的旗舰零售店。其余约70%可供其他租户使用。

One Comcentre展示套房设于TripleOne Somerset，可眺望施工现场；设有展示该发展项目科技、可持续发展与员工体验的互动屏幕；并有虚拟人工智能主持人和实体人工智能机器人。

超过100万平方英尺的办公、配套设施与公共空间

竣工后，One Comcentre将由两座20层塔楼组成，注入超过100万平方英尺总建筑面积（GFA）的甲级办公、零售、餐饮、健康养生及社区空间。

工作场所将占GFA约80%，办公楼层面积约为25,000至27,000平方英尺。该面向未来的发展项目配备5G+连接，将能够支持人工智能及智能楼宇运营。

另请阅读：旅游局邀请提交方案，将翡翠山（Emerald Hill）地块重建为酒店及生活方式目的地

其余20%的楼面面积将用于六层配套设施，包括两个美食广场、医疗套房、健身与健康养生设施、一个可容纳400人的企业活动礼堂，以及一家私人会员俱乐部。

目标是打造一个充满活力的枢纽，将工作场所、生活方式配套与公共空间汇聚在一起。

One Comcentre还将设有一座架空公共公园，或称“Botanic Ribbon”（植物丝带），从二层至四层环绕建筑，面积接近1公顷。仅供入驻者使用的屋顶空中花园将设于两座塔楼的顶层。

该发展项目由总部位于纽约的获奖建筑事务所Kohn Pederson Fox设计，景观设计则由Field Operations负责。该公司曾担任曼哈顿广受赞誉的高线公共公园（The High Line）的项目主导方。

新加坡电信集团首席企业官Gan Siok Hoon在媒体简报会上表示：“我们希望One Comcentre成为乌节核心的新地标。”

她补充道：“正如我们以前的Comcentre是一座极具标志性的建筑，我们对这一项目的愿景同样是让它成为通向未来的新灯塔，展示我们如何将科技、可持续发展与以人为本的设计融为一体。”

另请阅读：香港“铺王”的兴衰：租金暴跌与债务如何压垮他们的帝国

以可持续发展为核心的人工智能原生、面向未来建筑

One Comcentre创下多项第一：它是新加坡首座由专用5G+连接驱动的人工智能原生建筑，是全国首个端到端碳中和的商业发展项目，也是亚洲首个在可持续发展与健康福祉方面获得三重认证的发展项目。

联合开发商在9月30日的联合新闻稿中表示：“新加坡电信将从底层起，把其连接与人工智能能力融入该发展项目。”

新加坡电信的5G+网络将实现网络切片，为入驻者充当“优先车道”或数字高速通道。这将在楼宇系统、应用程序与设备之间提供高速、低时延且安全的通信。

这将意味着，云平台、下一代人工智能应用、机器人等物理人工智能、视频协作及其他业务关键运营都能获得优先的网络性能——即便在需求高峰期亦然。

Gan表示：“由于新加坡电信既是联合开发商也是主力租户，我们将始终确保楼宇基础设施与技术保持领先。”“租户可以率先获得先进技术，而无需投资底层基础设施。”

此外，租户还可使用新加坡电信的一系列服务，包括安全即服务和机器人即服务。

就其可持续发展资质而言，One Comcentre从设计、建造到运营均实现碳中和。

该发展项目使用低碳混凝土和钢材以降低隐含碳，同时90%被拆除的结构材料被回收并循环利用，以推动循环建造。

其结果是隐含碳最多可节省30%，相当于一年内超过7,000辆汽车不上路。

One Comcentre也是首个获得最新BCA绿色标志第7版（Green Mark Version 7）零能耗评级的新建大型发展项目。除此之外，它还获得WELL第2版铂金认证，并将在竣工时获得国际生活未来研究所（International Living Future Institute）零碳认证。

Lendlease新加坡发展总监、One Comcentre项目总监Debra Ma表示：“这些资质支撑我们未来租户在ESG（环境、社会与治理）方面的抱负、可持续发展报告及企业目标。”

新加坡办公市场供应紧张

此次启动正值新加坡甲级办公市场面临近二十年来最紧张的供应状况，进入市场的大型发展项目寥寥无几。

根据世邦魏理仕（CBRE）新加坡的研究，截至2026年第二季度，核心中央商务区甲级办公楼空置率为3.3%，而直至2030年的未来供应量较十年历史平均值低37%。

与此同时，高增长行业正在支撑需求。科技、人工智能、私募股权、资产管理及保险企业占今年上半年办公租赁需求的56%，世邦魏理仕预计这一比例还将进一步上升。

世邦魏理仕新加坡董事总经理Moray Armstrong表示，即便在招租正式开始之前，广大潜在租户对One Comcentre的兴趣，也反映出市场对高端、面向未来的办公解决方案存在积压需求。

他接着说：“我们日益看到，租户在寻找有助于吸引人才、强化企业文化并支持长期增长的工作场所时，正把搜寻范围扩大到传统中央商务区之外。”

“能够大规模汇聚这些特质的机会十分罕见，在乌节路尤其如此。”

门前即享乌节配套的工作场所

这一即将落成的综合用途发展项目，其位置预计也将使其与众不同。

新加坡电信集团物业副总裁Mark Goh指出：“我们就在乌节路门前。我不认为其他任何甲级办公楼能提供乌节路的地址与配套。”

从生活方式角度看，许多员工很可能希望在一个可便捷前往餐饮、零售、健康养生和娱乐场所的社区生活与工作。新加坡电信的Gan补充说，这也可能鼓励协作与创新。

世邦魏理仕的Armstrong同样指出，许多公司的办公选址策略取决于员工参与度以及人才吸引与留任。

Armstrong说：“而这在很大程度上确实有赖于拥有一个配套丰富、具备体验机会、且吸引人并充满活力的工作场所。”

此外，在一个由老化存量主导的微观市场中，One Comcentre作为新一代办公产品显得尤为突出。世邦魏理仕研究发现，乌节路地区约93%的建筑楼龄至少已有10年或更久。

被问及One Comcentre的目标零售租户组合时，Lendlease的Paine表示，关键目标之一是服务办公人群。

Paine评论道：“乌节路本身就是一条极出色的购物街，因此我们并非复制人们已经能够获得的东西。我们将为办公塔楼中的上班族提供便利与配套。”

以餐饮与场所营造重振被遗忘的Tiverton Lane

与此同时，One Comcentre的设计旨在与周边片区融合，并为乌节地区的复兴作出贡献。

Paine说：“这是一个非常开放的发展项目，我们将重新恢复Tiverton Lane，从而形成一条……带有零售和场所营造的通道。因此，住在市中心周边的人会把它视为午餐或享用一顿美好晚餐的地方，也可在此与人会面并使用各项设施。”

现已注销的Tiverton Lane，曾是Killiney Road旁的一条小支路，穿过目前的One Comcentre地块。这里从前有店屋，但此后已被拆除。

开发商将修复这条被遗忘的巷道，希望它成为一处热闹的市集。

Ma表示：“我们正把Tiverton Lane重新作为美食酒吧、咖啡馆和餐厅的专用巷道带回，打造一个新的餐饮片区。”“它也是一条直通Exeter Road的通道，将提升整个索美塞片区的可达性。”

这与旧Comcentre形成对比。旧Comcentre是一座32层摩天大楼，曾作为新加坡电信总部超过四十年。该建筑于2024年腾空，主要容纳公司的企业办公室、内部设施及其旗舰零售店。

Goh说：“过去，旧Comcentre往往较为封闭一些。”“因此在规划新的One Comcentre时，我们希望让它更加通透开放。”

他补充说，意图是穿过该发展项目建立连接，把Killiney Road与索美塞地铁站联系起来，并提供更多周边社区与居民可以享用的配套，例如这座架空公园。

One Comcentre虽面向未来而设计，该发展项目也在致敬原址的历史。

Gan说：“旧Comcentre的一些熟悉元素，例如屋顶空间网架和电话亭，将以艺术装置的形式在新发展项目各处重获新生。”

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