Labrador Tower is a Grade A prime office skyscraper ideally placed in Singapore’s central business district.
The freshly finished Labrador Tower boasts a timeless design with qualities borrowed from the building’s rich historical history.
The Labrador Tower was refurbished using the notion of quality service as a core philosophy. In contrast to the foyer of a standard office complex, the ground-floor lobby is reminiscent of a luxury hotel.
In addition, tenants and guests will profit with the assistance and hospitality services that will facilitate a smooth workplace experience.
A distinct emphasis on conserving legacy and character guaranteed that Labrador Tower maintains its identity as a traditional, modern office building. The new building’s facade is optimized to have a distinctive and art deco-inspired classic look.
Labrador Tower provides great office space to discriminating businesses seeking to distinguish themselves from the increasing number of modernized commercial projects in the neighborhood.
Labrador Tower Location Singapore
In relation to its advantageous location along Pasir Panjang, Labrador Tower is situated within a few minutes of the Golden Triangle, which includes the Tanjong Pagar, Marina Bay Business District, and Raffles Place. From its proximity to MRT stations and covered walkways extending to Shenton Way, the property provides unrivaled connectivity. In addition, there are many bus stations adjacent and a taxi stop at the building’s entrance.
Level 5 will contain a variety of fitness facilities, specialized clinics, and fitness facilities, in addition to a variety of other locations. This could make Labrador Tower an attraction for both tenants and tourists.
At Labrador Tower, a variety of additional facilities are offered to renters. End-of-trip amenities will include several bicycle parking spaces and showers on each level. Back-of-house facilities include communal pantries, updated restrooms, and centralized building system management.
All of them, together with the decor inspired by hospitality, will provide a comfortable and engaging workplace experience at Labrador Tower.
Commercial Development Growth in Pasir Panjang
District 05’s Pasir Panjang has become one of the most desirable residences. It is among the most progressive areas in the country due to its rich history, which draws more attention from developers.
The rental growth rate for Grade A Central CBD office buildings rose from 1.4 percent QoQ in Q1 22 to 3.2 percent QoQ in Q2 22, representing the quickest rise since Q2 2021.
With a rise in rentals, the marketplace saw a reduction in vacancies.
In the second quarter, vacancy grew by just 4.4%, a smaller percentage than the previous record of 4.5% in Q1 22. Non-bank banking firms and the judicial sector led growth in the Grade A office market, as per CBRE.
CBRE predicts that Grade A Central CBD occupancy rates would increase by 8.3 percent for the whole year as a result of a return to the office and restricted new supply pipeline.
Labrador Tower Singapore Project Details
Project Name: Labrador Tower
Address: 1 Pasir Panjang Road
Developer: Singapore Power
Tenure: 99 Years
Total Units: TBA
Unit Type: Offices, F&B, Retail Shops