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Industrial Diversity, Strategic Collaborations, and Prime Location are Shaping Changi Business Park's Identity as the Central Business District of the East
Originally posted on 11 February 2025 on CapitaLand's Workspace Content Studio
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I assembled this video on Canva, merging a preexisting template on the platform with CapitaLand's owned collaterals. This video gives readers an alternative to purely reading the article, letting them access the contents in an accessible, bite-sized format.
Changi Business Park has been a cornerstone of Singapore’s economic landscape for decades.
While it is more commonly known as the home for many finance giants, the park also serves as a thriving hub for companies across a broad spectrum of industries, thanks to its strategic location, vibrant ecosystem, and world-class infrastructure.
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Many of these companies are multinationals hailing from countries such as China, Switzerland, and the United States of America (USA), spanning diverse sectors from logistics and pharmaceuticals to technology and finance. Some have even been based at Changi Business Park since 2008.
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Changi Business Park provides a conducive environment for innovation and growth, with facilities for cutting-edge laboratories, research centres, and back-office operations. With the Singapore University of Technology and Design nearby, organisations also have prime access to top talent and exciting opportunities for collaborative research projects. The business park’s proximity to Singapore Changi Airport also makes it an ideal base for aviation service companies, offering unparalleled access to one of the world’s busiest airports.
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Companies located at the business park also enjoy a competitive advantage, including increased operational efficiency through its versatile workspaces, networking opportunities, and access to the workforce from nearby residential estates. Combined, these factors position Changi Business Park as Singapore’s Central Business District (CBD) of the East.
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Excellent Connectivity and Strategically Located Near Changi Airport
Changi Business Park’s strategic location fosters an environment ripe for partnerships and business growth and has been a key factor in attracting companies to set up their presence within the park.
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Recognising the competitive advantage of Changi Business Park’s proximity to Changi Airport is the MITRE Corporation—a private, non-profit organisation providing engineering and technical support for USA government sponsors and civil aviation authorities—which established their workspace at 1 Changi Business Park since 2015.
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“Changi Business Park is very close to Changi Airport, where our Civil Aviation Authority of Singapore (CAAS) sponsor is based, which makes it easier for us to collaborate with CAAS,” said Tass Hudak, Asia Pacific (APAC) Site Leader for MITRE.
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“We can also regularly interact with airport staff, pilots, air traffic controllers, ground personnel, and aviation experts. This enhances our capability to support Singapore and the APAC region. In addition, the business park is connected to two MRT lines, which is incredibly convenient for our staff,” Mr Hudak added.
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The 10,000 sq ft facility at Changi Business Park is MITRE's first research and development centre outside of the USA. It features advanced simulation tools, including a cockpit simulator, a wrap-around air traffic control tower simulator, air traffic controller workstations, and sophisticated traffic-flow management systems.
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MITRE has recently delved into microweather research to advance intelligence on localised weather patterns affecting aviation and transportation systems. It works closely with CAAS to advance aviation and transportation technologies in the APAC region and solve the pressing issue of air traffic around the world’s busiest airports.
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Mr Hudak concluded that in nearly 10 years of being located at Changi Business Park, MITRE has developed several capabilities on behalf of CAAS, benefiting both Singapore and the APAC region.
Advanced simulation tools like an air traffic control tower cockpit simulator at MITRE Corporation's office in Changi Business Park [Photo credit: The MITRE Corporation]
Changi Business Park’s ability to attract a wide range of businesses, combined with its excellent connectivity, also led Swiss private bank Julius Baer to select One@Changi City as its new office space.
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“We’re always striving to meet the demands of our discerning high-net-worth clients. Our new office allows us to elevate our private banking, wealth management, and financial advisory services, offering a state-of-the-art environment that positions us for growth,” said Andreas Zingg, Chief Operating Officer Asia at Julius Baer.
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The bank’s new facility, which opened in the second quarter of 2024, spans over 75,000 sq ft across two levels—40% larger than its previous office space.
Julius Baer’s new office at One@Changi City spans 75,000 square feet. [Photo Credit: Julius Baer]
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Solid Infrastructure That Fuels Growth and Innovation
Good infrastructure is the backbone of smooth and efficient business operations. One@Changi City’s electrical infrastructure continues to attract global companies such as Dell Technologies, whose operations rely on a dependable and secure power supply.
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Dell Technologies set up its APAC and Japan regional headquarters at One@Changi City, accommodating a broad range of regional and local functions such as sales, marketing, HR, legal, product development, and customer support. It features an executive briefing and solutions centre to facilitate collaboration and showcase cutting-edge technologies.
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“Our ground floor is designed to host customers and prospective clients, offering us a space to bring our technology to life,” said Andy Sim, Vice President and Managing Director for Singapore, Dell Technologies.
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One@Changi City boasts a robust electrical infrastructure, an emergency power system, comprehensive fire protection, and optimal ventilation, meeting strict safety and regulatory standards ideal for Dell’s overall business operations.
Executive Briefing Solutions Centre at Dell Technologies’ office at One@Changi City. [Photo Credit: Dell Technologies]
Despite the manifold methods and benefits of sustainable logistics, making the switch is a complex challenge that requires multiple stakeholders—including governments, businesses, and consumers—to align and collaborate closely.
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Governments are crucial in establishing the necessary regulatory frameworks and financial incentives to encourage sustainable logistics. Subsidies may be introduced for EV purchases, tax breaks could be offered to companies that deploy sustainable alternatives, and investments can be funneled toward EV charging infrastructure.
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In conjunction with governmental efforts, the logistics industry itself is instrumental in greening logistics through best practices and innovation solutions. To this end, logistics companies should forge partnerships with technology providers, research institutions, governments, and other key players.
Honeywell's first Industrial Cybersecurity Centre of Excellence in Asia operates out of Changi Business Park. [Photo credit: Honeywell]
EUROIMMUN's workspace accommodates cold room facilities. [Photo credit: Rice Media]
Honeywell's first Industrial Cybersecurity Centre of Excellence in Asia operates out of Changi Business Park. [Photo credit: Honeywell]
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Redefining the Modern Workspace
[Photo credit: CapitaLand]
[Photo credit: CapitaLand]
[Photo credit: CapitaLand]
Today’s businesses thrive on happy, healthy employees, and business parks must evolve beyond traditional office spaces to support them. Changi Business Park is a prime example of a business park that has transformed into a dynamic lifestyle hub that seamlessly blends work with recreation.
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It offers a range of amenities—from retail outlets and dining options to educational offerings including on-site childcare centres, fully equipped gyms, and end-of-trip facilities that streamline commuting and encourage a greener lifestyle. Together, these amenities provide employees with a balanced environment, keeping them engaged, healthy, and motivated.
A fantastic turnout of 340 attendees coming together to celebrate the iconic Oktoberfest 2024 celebrations at Changi Business Park.
A fantastic turnout of 340 attendees coming together to celebrate the iconic Oktoberfest 2024 celebrations at Changi Business Park.
CapitaLand’s tenant community also get to enjoy events like futsal challenges, tenant treats, and Oktoberfest celebrations. Designed to foster tenant camaraderie, employees can receive invites to these events via the CapitaStar@Work app. The complimentary app also offers special perks for the tenant community, including eVouchers.
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As part of Singapore's broader strategy to decentralise its CBD, Changi Business Park helps tenants bypass congestion in the city centre, boosting productivity and creating a more relaxed work environment. The park’s connectivity via major expressways and the Expo MRT station provides a significant advantage for employees, clients, and business partners.
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Changi Business Park’s convenience and proximity to transport links play a crucial role in supporting work-life balance. Dell Technologies’ Mr Sim said that Dell employees who frequently travel for business appreciate the strategic location of the company’s office near the airport.
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“Our workforce benefits from easy access to transportation networks, avoiding long commutes and peak-hour traffic,” Mr Sim added.
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MITRE Corporation’s Mr Hudak agrees, “The amenities in and around Changi Business Park make it convenient for staff to balance work-life priorities.”
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Whether it is new entrants to the Singapore market or established leaders such as Citibank, Huawei, and FedEx, Changi Business Park’s strategic location, modern infrastructure, and vibrant ecosystem offer a multitude of growth opportunities.
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Changi Business Park’s modern environment balances cost, accessibility, and workspace versatility, enabling companies to adapt and scale operations according to their business needs. This makes it an ideal destination for emerging and established businesses looking to maximise their potential in Singapore’s dynamic market.