Grab will be getting a new headquarters in Singapore which is estimated to cost SG$181.2 million. Designed and built in collaboration with Ascendas Real Estate Investment Trust, the new headquarters is expected to complete in the fourth quarter of 2020 and will house all of its employees in Singapore.
Located within the one-north business park, the move will consolidate its current offices and create a physical facility for the company. Grab’s R&D centre will also be based in its new headquarters, as the company continues to expand its tech team globally.
According to Grab's head of people Ong Chin Yin,the company plans to create and hire for a thousand more roles globally over the next 12 months. "With the new building, we will be able to bring our growing Grab family in Singapore under one roof. The increased capacity of our headquarters will also enable us to achieve our ambitions of becoming the leading super-app in Southeast Asia," she said.
The building will be designed to provide Grab’s employees with a green and sustainable workplace environment. It will incorporate greenery on ground and mid-level sky terraces that are integrated with communal spaces and public pedestrian thoroughfares to promote social interactions and exchange of ideas. In support of Singapore’s car-lite vision and to reduce carbon footprint, bicycle parking, lockers and shower facilities are provided to encourage Grab’s employees to take up cycling as a mode of commuting. Additionally, other green features include the use of recycled building materials and energy efficient low emissive glass facade to reduce solar heat gain.
“We are very excited for our new home. Grab has come a long way since 2012, from just a ride-hailing service provider to becoming the everyday app that meets our customers’ daily needs. One week ago, we have also hit our three billion rides across Southeast Asia. The new headquarters is yet another important milestone for us - it represents our long term commitment to Singapore and the region,” Ong added.