CapitaLand’s revelation of the revitalized 1 Science Park Drive represents a strategic S$883 million investment in Singapore’s innovation ecosystem. The development, comprising a 15-storey tower and two 9-storey blocks across 1.25 million square feet, has already secured 76% occupancy from diverse industry tenants. This mixed-use property, enhanced with retail amenities and transportation accessibility, stands as a cornerstone in the transformation of Singapore Science Park into a premier business destination for biomedical sciences and technology sectors.
CapitaLand has successfully completed the revamped development of 1 Science Park Drive, a significant S$883 million investment that transforms the property into a state-of-the-art business hub comprising three distinct buildings. The newly redeveloped property, which obtained its temporary occupation permit on March 3, features a 15-storey tower and two 9-storey blocks with a total gross floor area of approximately 1.25 million square feet, positioning it as a premier destination for innovation-focused enterprises.
The development has already secured commitments for approximately 76% of its total net lettable area, with an additional 19% currently under advanced negotiations. The diverse tenant mix includes companies from sectors such as biomedical sciences, pharmaceuticals, financial services, chemicals, and technology, reflecting the property’s appeal across multiple industries. The property offers approximately 1.06 million square feet of net lettable area dedicated to business purposes, complemented by 43,960 square feet of retail space.
1 Science Park Drive attracts diverse companies with 76% space committed and 19% under negotiation across biomedical sciences, finance, and technology sectors.
The retail podium, scheduled to open this month, will enhance the development’s amenities with an array of dining options including established brands such as BreadTalk, Din Tai Fung, Putien, Swensen’s Unlimited, Subway, and Toast Box. These retail offerings are connected by an event plaza and shared basement carpark, creating an integrated experience for tenants and visitors alike.
Located at the main entrance of Singapore Science Park and linked to Kent Ridge MRT Station via an underground walkway, the development offers exceptional accessibility while maintaining strong environmental credentials. The property has achieved the Green Mark Platinum rating from the Building and Construction Authority and received WELL Core Gold precertification from the International WELL Building Institute, underscoring CapitaLand‘s commitment to sustainability and healthy building design principles.
The completion of 1 Science Park Drive marks a significant milestone in the rejuvenation of Singapore Science Park, with all five buildings in the Geneo life sciences and innovation cluster now operationally ready. This development aligns with CapitaLand’s strategic focus on future-proofing business space properties through investments in existing assets, creating holistic environments that support work, live, and play dynamics.
Conclusion
CapitaLand’s completion of 1 Science Park Drive represents a strategic milestone in Singapore’s innovation landscape, combining premium commercial space with essential amenities to attract high-value tenants. With 76% pre-commitment already secured, this S$883 million development strengthens Science Park’s position as a world-class business ecosystem. The 1.25 million square foot mixed-use development stands poised to catalyze collaborative advancements across biomedical sciences, technology, and other knowledge-intensive sectors.
