Orchard Road Corporate Appeal Grows as Firms Choose Prestige Over CBD with One Comcentre on the Horizon
Commercial Property | August 11, 2026
Orchard Road is steadily emerging as a corporate address of choice, with professional services firms and global institutions choosing the precinct for its centrality, prestige, and client accessibility. With just 5.2 million sq ft of office stock compared to the core CBD’s 33 million, and the upcoming One Comcentre redevelopment set to add major Grade A supply, the district is positioning itself as a credible alternative to Marina Bay and Raffles Place.
Orchard Office Stock
Vacant Stock
New Supply by 2030
One Comcentre Office
Law Firm Oon and Bazul Plants Its Flag on Orchard Road
Dispute resolution law firm Oon and Bazul made a deliberate break from the CBD this year, acquiring a 10,000 sq ft office space at VisionCrest Orchard and relocating in mid-July after 18 years in City House at Robinson Road.
Managing partner Bazul Ashhab said the firm had considered several major CBD developments, including Marina Bay Financial Centre, Guoco Midtown, and Keppel South Central in Tanjong Pagar, as well as strata office space at Solitaire on Cecil, Samsung Hub, and Suntec City. VisionCrest’s per square foot pricing was comparable to Grade A strata offices in the CBD.
“After 24 years in the CBD, we decided that this was the appropriate moment to plant our flag, take control of our premises and create a permanent home for the next stage of the firm’s growth,” he said. Bazul added that the Orchard district offered “centrality without immersion in the transactional legal cluster,” remaining close to the Supreme Court and Maxwell Chambers while providing privacy, space, and accessibility suited to its “confidential, high intensity work.”
One Comcentre: Major Grade A Supply on the Horizon
The Orchard area is projected to gain 1.2 million sq ft of new office space, to be delivered gradually from 2028 to 2030. By comparison, the core CBD will see around 660,000 sq ft of new stock over 2027 and 2028.
One Comcentre and the Tanglin Shopping Centre redevelopment are expected to add about one million sq ft of Grade A space, according to Cushman and Wakefield research head Wong Xian Yang. One Comcentre is a redevelopment of Singtel’s headquarters at Exeter Road, near Somerset MRT, which has been on the site since 1979. Singtel will be the anchor tenant at 30 per cent of the total development area, with joint venture partner Lendlease handling development, construction, and asset management.
The project will offer around 54,000 sq m of office space to third-party corporate tenants and 20,000 sq m of lifestyle and retail space. Formal marketing and leasing begins in Q3 2026. Singtel’s group chief corporate officer Gan Siok Hoon said the telco is “very encouraged by the strong market response,” with interest from companies in technology, AI, banking, insurance, and fast-moving consumer goods.
Frequently Asked Questions
How much office stock does the Orchard district have?
The Orchard precinct had about 5.2 million sq ft of office stock at Q2 2026, just one-sixth of the core CBD’s 33 million sq ft. Vacant stock stood at 185,684 sq ft, compared with 1.5 million sq ft in the core CBD.
What is One Comcentre?
One Comcentre is a redevelopment of Singtel’s headquarters at Exeter Road near Somerset MRT. It will offer around 54,000 sq m of office space to third-party tenants and 20,000 sq m of lifestyle and retail space. Singtel will anchor 30% of the development, with Lendlease as JV partner.
How much new office supply is coming to the Orchard area?
The Orchard area is projected to gain 1.2 million sq ft of new office space delivered gradually from 2028 to 2030, compared with around 660,000 sq ft of new stock in the core CBD over 2027 and 2028.
Why are firms choosing Orchard Road over the CBD?
Firms cite centrality, client accessibility, prestige, and the growing convergence of global wealth and professional services in the precinct. Orchard Road offers proximity to courts and key institutions while providing more privacy and space than the traditional financial district.
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