Last month, it was reported that Sergey Brin, Google co-founder and the eighth richest person in the world with a net worth of US$88.4 billion, according to Forbes, is setting up a branch of his Bayshore Global Asset Management family office in Singapore. In November, Ray Dalio, billionaire founder of hedge fund Bridgewater Associates, announced that he is also opening a family office in Singapore.
Even before the Covid-19 pandemic hit, YTL had already planned for its headquarters to embody a “future workplace design”.
The property spans 752,015 sq ft, and has a balance lease of 73 years. An application has also been made to the Singapore Land Authority for the lease to be extended to a fresh 99-year lease tenure.
“There were already signs that demand has returned,” says Ismail Gafoor, CEO of PropNex.
The bungalow is located along Ocean Drive on the east of Sentosa Cove, and a jogging track connects it to Cape Royal. The rent for the pool is close to the average monthly rent for a three- or four-bedroom unit in the prime districts.
The addition of these three locations will bring the number of WeWork locations in Singapore to 12 by end of this year.
Completed high-end condos that Hong Kong action-hero Donnie Yen and wife Cissy Wang were said to have visited included The Oliv on Balmoral Road, Bishopsgate Residences at the exclusive Bishopgate neighbourhood, Nouvel 18 on Anderson Road, and South Beach Residences on Beach Road.
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