As Singapore started Phase Two of economic re-opening on 19 June, HSBC employees began the move into their brand new office location at Marina Bay Financial Centre Tower 2 where it is the anchor tenant.

According to a media release, the new office is part of an island-wide upgrade and investment of its premises across Singapore.

As part of the move and upgrades, HSBC is moving from traditional fixed desk seating to an activity-based workplace where employees have a variety of individual and shared spaces available to work or collaborate with colleagues.

Features of the workspace include:

  • Video conferencing facilities in all meeting rooms.
  • Laptops for all employees to allow flexibility and mobility.
  • A plug-and-play desk concept so employees can plug-in at any workstation, meeting room and collaboration area seamlessly.
  • No desk phones (unless required) as the use of softphones is encouraged.
  • Going paperless with fewer printers in the offices and the use of presentation screens in collaboration areas.
  • A brand new client floor on the top floor of MBFC Tower 2 which houses more than 10 client meeting suites and two dining rooms.
  • The design of the offices has strong elements of trade reflecting HSBC’s heritage as a trade bank and the future through its focus on technology and sustainability.

The bank initially began the move from its Collyer Quay headquarters to Marina Bay Financial Centre in 1Q2020 to support the bank’s growth ambition in Singapore. However, due to Singapore's Circuit Breaker measures, the majority of employees started working from home and never actually re-located to the new site.

HSBC Singapore’s headquarters has been at 21 Collyer Quay since 1890. Over the years, the premises have been rebuilt, with the current building constructed in 1979. The re-location of head offices is part of a broader plan to invest in the upgrading of HSBC premises across Singapore, including its offices at Mapletree Business City and its Claymore branch.

HSBC Singapore’s CEO, Tony Cripps, said: “Moving to the new office conjures mixed feelings: reflection on our 143-year-history in Singapore, which has almost entirely been at our Collyer Quay location, but also excitement for the future as we begin our ambitions to further grow our presence and market share in Singapore and across Southeast Asia.”

Photo / iStock