SEA Ltd Streamlining Singapore Office Spaces

SINGAPORESEA Ltd, the company behind Shopee, is streamlining its presence in Singapore by consolidating into two main buildings – Rochester Commons and 5 Science Park Drive – reducing from the current four locations it leases in one-north and Singapore Science Park.

Originally, SEA was seeking a new tenant for around 200,000 sq ft of office space at Rochester Commons. However, it seems they’ve decided against it and will be retaining the space for approximately 10 years. This space is situated in the upper portion of a 17-storey tower within the Rochester Commons project, alongside amenities like the Catapult executive-learning center and Citadines Connect Rochester Singapore, a serviced residence.

The decision to consolidate may have stemmed from the challenge of finding a single tenant for the entire space. Additionally, with expiring leases at Galaxis and Solaris, it makes more sense for SEA to centralize its operations. Galaxis currently houses SEA’s headquarters and Garena, its game development unit, while Solaris hosts other SEA offices.

While SEA’s lease at Galaxis expires late next year and at Solaris later this year, Shopee occupies 5 Science Park Drive under a long-term lease. This move aligns with SEA’s strategy and provides flexibility for future growth.

Attribution: This article was adapted from content originally published by The Business Times.

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