Funan, one of the most highly anticipated developments in Singapore opening in 4Q 2019, has signed its first office tenant. CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust which owns Funan, today announced that coworking space behemoth WeWork has leased 40,000 square feet (sq ft) of space in Funan. WeWork’s space will be located across two floors of Funan’s North Office Block – namely Level 4, which is the prime connector space linking the office blocks with Funan’s retail component, and Level 5.
Mr Tony Tan, CEO of CMTML, said: “We envision Funan as an aspirational and experiential space that fosters collaboration among complementary partners, sparking inspiration and discovery for consumers. We are thus delighted to partner WeWork, one of the world’s leading innovators in shared office space, to cocreate an office of the future at Funan. Both Funan and WeWork share the same ethos of breaking new ground and building a community of like-minded individuals driven by passion to make a difference. WeWork’s coworking space will leverage Funan’s central location and harness its live-work-play paradigm to create a world-class collaborative workspace that fosters connections and nurtures ideas. It will cater to the new generation of professionals who yearn to work in a collaborative environment that gets them inspired, and unwind in a convenient location where they can shop, play sports, be entertained and enjoy a whole host of lifestyle activities under one roof.”
Mr Tan added: “As a new-built space, WeWork’s facility at Funan offers plenty of scope and flexibility to implement purpose-built infrastructure and services for WeWork’s members. As a start, Funan will boast a smart office with facial recognition turnstiles and optional card-less entry into the office. WeWork community members will also have full access to the suite of innovations made available at Funan, including video-based smart carparking facilities, a 24-hour drive-through click-and-collect, 100% hands-free shopping service using robotics and app-based booking of all the facilities within the development.”
Funan is located right in the heart of the Civic & Cultural District with excellent connectivity, including a direct underpass linking to City Hall MRT interchange station. As a new paradigm for live, work and play in Singapore’s city centre, Funan offers a synergistic combination of retail, office and serviced residence components that is designed to appeal to savvy consumers pursuing quality of life in a socially-conscious and creative environment. The Funan integrated development comprises a 500,000 sq ft mall of the future serving as a platform to inspire retail innovation; two Grade A office blocks that meet the needs of a variety of business, including established MNCs and coworking spaces for the mobile workforce; as well as The Ascott Limited’s lyf brand of co-living serviced residence designed for millennials.
With community, connectivity and convenience at its core, Funan caters to the new breed of consumers who favour a collaborative environment and authentic experiences that reflect their passions and tastes. In support of the global car-lite movement, Funan is set to become Singapore’s first commercial building to allow cycling through the building with a dedicated indoor cycling path, complete with end-of-trip facilities for cycling enthusiasts, including bike shops, bike cafés, lockers and shower facilities. Funan will also boast the largest area set aside for urban agriculture in the CBD with a 5,300 sq ft urban farm and 6,900 sq ft edible yard, where the public can learn more about the origins of their food and “adopt a plot” to grow their own produce.
Amenities available in Funan include a Golden Village cineplex, a best-in-class gym, futsal court, swimming pool and a 55-lane rock-climbing facility. Theatre goers will also delight in the performances programmed by Singapore’s leading professional theatre company W!ld Rice, which operates the dedicated 380-seat theatre in Funan.