Bayer moving to Paya Lebar Quarter; taking up 31,000 sq ft

parc-esta-hugely-benefited-from-bayer-moving-to-paya-lebar-quarter-singapore

Pharmaceutical giant Bayer will be moving to Paya Lebar Quarter (PLQ) by the end of the year, joining SMRT, Great Eastern, NTUC Income and more.

The company is taking up 31000sqft in one of the 3-tower office building.

Cost Optimisation Measure

Cushman & Wakefield’s head of research Christine Li noted that increasing number of companies are moving away from CBD area due to higher rental rate, and moving non client-facing department to more affordable office giving them significant saving on cost.

As one of the newest and modern lifestyle condo with huge landscaping, Parc Esta is set to draw expat’s attention in renting and enjoying their leisure time here.

 

Source: https://www.srx.com.sg/singapore-property-news/53702/bayer-moving-to-paya-lebar-quarter-taking-up-31000-sq-ft

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