The push for decentralisation amid improvement in public transport has attracted many companies to establish their presence in regional business hubs at Tampines, Paya Lebar, Changi Business Park, Changi Airport and the future Changi East under Master Plan.
For instance, the Tampines Regional Centre has become a location for many banks’ back-office functions, while Paya Lebar has emerged as a vibrant live-work-play destination with developments including integrated development Paya Lebar Quarter, Paya Lebar Square and SingPost Centre. Not forgetting the bustling Changi Business Park nearby, which is home to many technology firms and financial services companies.
These employment nodes, just a few minutes from the upcoming Sceneca Residence via the MRT, will bring jobs closer to homes and create new opportunities for residents. For investors seeking stable rental income, these commercial centres should offer a fairly sizable and steady pool of leasing demand.